CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) -- US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. Additionally, USD and Gibson have finalized all required commercial agreements with ConocoPhillips Canada to fully underpin and [Read more]
Pipestone Energy Corp. Reports Increased Year-End Reserves, Including a 585% Increase in PDP Reserves
CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its year-end 2019 independent reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) with an effective date of December 31, 2019 (the “McDaniel Report”). Year-End 2019 Reserve Results: Key Highlights from the Year-End 2019 McDaniel Report include: Proved Developed Producing (“PDP”) reserves increased by 585% from 2.7 MMboe to 18.5 MMboe [Read more]
Gibson Energy Announces 2019 Fourth Quarter and Year-End Results and Announces a Dividend Increase
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three months and fiscal year ended December 31, 2019. “Gibson continued to deliver strong, consistent operational and financial results throughout 2019, while also executing on the strategy and completing the transformation we outlined at the start of 2018,” said Steve Spaulding, President [Read more]
Peyto Increases PDP Liquids 23% in 2020, Replaces 285% of Produced Liquids
CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2019. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2019 marks the Company’s 21st year of successful reserves development. SUSTAINABILITY Long Life, Low Decline: Peyto’s base production decline is [Read more]
Petrus Resources Announces Year End 2019 Financial, Operating & Reserves Results; Significant Net Debt Reduction & Increased Light Oil Reserve Volumes
CALGARY, Alberta - Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and twelve months ended December 31, 2019 and to provide 2019 year end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The Company's Management's Discussion and Analysis ("MD&A") and audited consolidated financial statements are available on SEDAR (the System for Electronic Document Analysis and Retrieval) at [Read more]
Peyto Exploration & Development Corp. Confirms Dividends for March 13, 2020
CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to February 2020 of $0.02 per common share is to be paid on March 13, 2020, for shareholders of record on February 29, 2019. The ex-dividend date is February 27, 2020. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit [Read more]
Prairie Provident Resources Announces Updated Corporate Presentation
CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") today posted an updated corporate presentation on our website. Investors and other interested parties are encouraged to visit www.ppr.ca to review the updated presentation. ABOUT PRAIRIE PROVIDENT Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta. The Company's strategy is to grow [Read more]
International Petroleum Corporation Announces Results of Share Repurchase Program
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 384,836 IPC common shares (ISIN: CA46016U1084) during the week of February 10 to 14, 2020 under the previously announced share repurchase program. The share repurchase program, announced by IPC on November 7, 2019, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No [Read more]
TransGlobe Energy Corporation Announces Update to Significant Shareholder
CALGARY, Alberta, Feb. 14, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation ("TransGlobe" or the “Company”) (AIM & TSX: “TGL” & NASDAQ: “TGA”) understands that as of December 31, 2019, Invesco Ltd., through various funds, individuals and/or institutional clients of the foregoing, beneficially own an aggregate interest in 6,354,783 common shares of the Company, which represents approximately 8.8% of the issued and outstanding common shares of the Company. The above information is [Read more]
Husky Energy to Report 2019 Fourth Quarter and Annual Results
CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Husky Energy will release its 2019 fourth quarter and annual results before markets open on Thursday, February 27, 2020. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time). CEO Rob Peabody, COO Rob Symonds and CFO Jeff Hart will participate in the call. To listen live:To listen to a recording (after 10 a.m. MT on Feb. 27): Canada and U.S. Toll Free: [Read more]
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