Construction will lead to thousands of new jobs, billions in economic stimulus and enhanced North American energy security CALGARY, Alberta and HOUSTON, March 31, 2020 (GLOBE NEWSWIRE) -- – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it will proceed with construction of the Keystone XL Pipeline Project (the Project), resulting in an investment of approximately US$8.0 billion into the North American economy. “We appreciate the [Read more]
Toscana Energy Enters Into an Option Agreement With I3 Energy Plc and Announces the Assignment of Its Senior Bank Debt and Subordinated Note and the Release of Its Fourth Quarter and Year End 2019 Results
CALGARY, Alberta - Toscana Energy Income Corporation ("Toscana" or the "Company") (TSX:TEI) is pleased to announce that the Company has entered into an option agreement (the "Option Agreement") with i3 Energy plc ("i3 Energy"), an AIM-listed oil and gas company with assets and operations in the United Kingdom, which, if exercised by i3 Energy in accordance with the terms of the Option Agreement, obligates Toscana to enter into an arrangement agreement (the "Arrangement Agreement") substantially [Read more]
Delphi Energy Corp. Provides an Operations Update
CALGARY, Alberta - Delphi Energy Corp. (TSX: DEE) (“Delphi” or the “Company”) is pleased to provide an operations update on its first three wells of the 2020 capital program. Completion operations on the Company’s first three Montney wells (3.0 net) in the 2020 drilling program have concluded, with all of the wells expected to be placed on production by months end. These 3 wells are drilled in liquid-rich West Bigstone, in close proximity to existing pipelines, minimizing the tie-in costs. The [Read more]
Prairie Provident Resources Announces Fourth Quarter and Year-End 2019 Financial and Operating Results
CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce our operating and financial results for the three months and year ended December 31, 2019. PPR’s audited consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”) for the three months and year ended December 31, 2019 and annual information form dated March 26, 2020 (“AIF”) are available on our website at www.ppr.ca and filed on [Read more]
Baytex Receives NYSE Listing Notification
CALGARY, Alberta - Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced that it received notification on March 24, 2020 from the New York Stock Exchange (“NYSE”) that Baytex is no longer in compliance with one of the NYSE’s continued listing standards because the average closing price of Baytex’s common shares was less than US$1.00 per share over a consecutive 30 trading period. The issuance of the notification is not discretionary and is sent automatically when a listed company’s share [Read more]
Prairiesky Announces Change to Virtual Annual General Meeting on April 21, 2020
CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) announces that its annual general meeting of holders of common shares scheduled for Tuesday, April 21, 2020 at 9:30 a.m. (MDT) at the Calgary Petroleum Club will be changed to a virtual meeting to be held at the same time and on the same date. As the City of Calgary and the Province of Alberta have declared a state of public health emergency, and to support efforts to combat [Read more]
Saturn Oil & Gas Inc. Provides Corporate Update and Confirms Response to COVID-19
CALGARY, Alberta - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX.V: SOIL) (FSE: SMK) today provides a corporate update in response to recent market volatility caused by the COVID-19 pandemic and the continued oil price weakness. Saturn is pleased to confirm that in the interests of managing risk through an uncertain environment, the Company has secured a fixed price hedge on production of 400 barrels (“bbl”) of oil per day at CAD $65.40 per bbl through February, 2021. With this [Read more]
Cenovus changes Annual Meeting of Shareholders to virtual webcast
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that its upcoming Annual Meeting of Shareholders (Shareholders Meeting) will now be held in a virtual only format. The Shareholders Meeting will be held at the originally scheduled date and time, on April 29, 2020 at 1:00 p.m. Mountain Time (MT), however, it will now be conducted in a format whereby registered shareholders and duly appointed proxyholders may only attend and participate in the meeting virtually via live [Read more]
Suncor Energy provides a corporate update including revised 2020 capital program, operating costs and production outlook
All financial figures are in Canadian dollars, unless noted otherwise. CALGARY, Alberta - Suncor released a corporate update today, including revised 2020 corporate guidance for capital, operating costs and production outlook, reflecting the significant decline in the crude oil price and uncertainty surrounding the economic impact of COVID-19. “The simultaneous supply and demand shocks are having a significant impact on the global oil industry. We are adjusting our spending and [Read more]
Husky Energy Suspends West White Rose Project
Company takes immediate action to ensure the safety of Husky’s workforce, construction sites and communities CALGARY, Alberta, March 22, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project. The decision reinforces Husky’s objective to prevent the transmission of the COVID-19 virus among its employees, contractors, and the community. The Company carefully [Read more]
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