CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX: “TGL” & NASDAQ: “TGA”) was notified on April 20, 2020 by the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that the closing bid price of the Company’s common stock for the last 30 consecutive business days from March 6, 2020 to April 17, 2020 did not meet the minimum bid price of $1.00 per share as set forth in Nasdaq Listing Rule 5450(a)(1) required for continued [Read more]
Cenovus to hold conference call and webcast on first-quarter results
Annual Meeting of Shareholders to take place via webcast CALGARY, Alberta, April 22, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its first-quarter results on Wednesday, April 29, 2020. The news release will provide consolidated first-quarter operating and financial information. Financial statements will be available on Cenovus’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. [Read more]
Prairie Provident Provides an Update on Lending Facility
CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces that, in light of the pronounced uncertainties affecting the oil and gas industry, with the COVID-19 pandemic continuing to drive a significant falloff in global energy consumption and deeply depressed oil prices, the Company has engaged with its lenders to agree to interim measures for near-term objectives. The Company suspended its capital program in response to the current economic [Read more]
PrairieSky Announces Results of the Annual Meeting of Shareholders and Election of Directors
CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on April 21, 2020 (the "Meeting") in Calgary, Alberta. The resolutions approved at the Meeting were as follows: The resolution to appoint the eight (8) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors [Read more]
PrairieSky Announces 2020 first quarter results
CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its first quarter ("Q1 2020") operating and financial results for the period ended March 31, 2020. First Quarter 2020 Highlights: • Royalty production averaged 22,160 BOE per day (52% liquids), in line with royalty production in Q4 2019 of 22,203 BOE per day (53% liquids) and Q1 2019 of 22,007 BOE per day (52% liquids). • Revenues totaled $52.7 million, [Read more]
Husky Energy cuts 2020 capital spending to $1.7 billion
2020 capital expenditures cut ~50% from December 2019 guidance Liquidity increased by $500 million to $5.2 billion Integrated Corridor upstream production reduced by over 80,000 bbls/day / U.S. refinery throughput reduced Protection of workers and communities remains top priority CALGARY, Alberta - Husky Energy (TSX:HSE) is significantly reducing capital expenditures and shutting in negative cash margin production as further measures to strengthen its business given market conditions caused [Read more]
TC Energy to issue first quarter results May 1
CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, May 1, 2020 to discuss its first quarter financial results, which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President, Strategy & Corporate Development and Chief Financial Officer, and other members of the executive leadership [Read more]
TC Energy announces change to annual meeting format
Meeting to be held virtually on May 1, 2020 CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today it will hold its upcoming annual meeting of common shareholders (AGM) on May 1, 2020 at 10 a.m. (MDT) in a virtual-only format. This approach aligns with our commitment to the health and wellbeing of employees, shareholders, communities and other stakeholders, and with directives from public health and government [Read more]
Gibson Energy Confirms 2020 First Quarter Earnings Release and Annual General Meeting Dates and Provides Conference Call & Webcast Details
CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2020 first quarter financial and operating results on Monday, May 4, 2020 after the close of North American markets. The 2020 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A [Read more]
Pieridae Delivers Strong Q4 and 2019 Results
Revenue, Net Operating Income & Production All Up Substantially Key Highlights: Total revenue of $114.4 million in 2019. Petroleum and natural gas revenue increased $102.5 million year over year, or 4347%, to $104.9 million in 2019 Net Operating Income1 (“NOI”) increased year over year from a loss of $0.5 million in 2018 to income of $24.9 million in 2019, $24.4 million of which was earned in Q4 2019 Adjusted Funds Flow From Operations1 (“AFFO”) increased from a loss of $4.0 [Read more]
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