CALGARY - Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that it has obtained an interim order (the "Interim Order") from the Court of Queen’s Bench of Alberta in connection with its previously announced business combination with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund, by way of a plan of arrangement (the “Arrangement”) under the Business Corporations Act (Alberta). As previously disclosed, pursuant [Read more]
Peyto Exploration & Development Corp. Confirms Dividends For December 13, 2019
CALGARY, Alberta, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to November 2019 of $0.02 per common share is to be paid on December 13, 2019, for shareholders of record on November 30, 2019. The ex-dividend date is November 28, 2019. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]
Delphi Energy Corp. Announces Senior Secured Noteholders and Shareholders Approve Recapitalization Transaction and Management Changes
CALGARY - Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that at the meetings (the “Meetings”) of holders of the Company’s 10.00% Senior Secured Notes due 2021 (the “Noteholders”) and holders of the Company’s common shares (“Shareholders”) held today, the Noteholders and Shareholders approved the Company’s previously announced recapitalization transaction to be implemented pursuant to a plan of arrangement (the “Plan of Arrangement”) under the Canada Business Corporations [Read more]
Pengrowth Energy Corporation Receives Support of Secured Debtholders in Respect of the Arrangement
CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that, in connection with its previously announced proposed business combination with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund (“WEF”), by way of a plan of arrangement (the “Arrangement”) under the Business Corporations Act (Alberta), Pengrowth and the Purchaser have entered into support agreements (the [Read more]
Birchcliff Energy Ltd. Announces Solid Q3 2019 Results and Preliminary Outlook for 2020
Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019 and its preliminary outlook for 2020. Birchcliff’s unaudited interim condensed financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and analysis (the “MD&A”) will be available on its website at www.birchcliffenergy.com and on SEDAR at www.sedar.com. [Read more]
Pipestone Energy Corp. Reports Third Quarter 2019 Results and Provides an Operations Update
CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its Q3 2019 financial and operational results, provide an update on its production ramp-up, as well as an accelerated completion program within its capital guidance. The Company has filed its unaudited financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September 30, 2019 on SEDAR. A conference call has been [Read more]
Questerre reports net profit for third quarter of 2019
Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported a net profit of $1.33 million and production of just over 2,300 boe/d for the third quarter ended September 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Exceptional well results drove an increase in production and positive earnings for the third quarter in spite of soft commodity prices. We continue to see the benefits of efficiency gains with lower well costs and [Read more]
Bellatrix Announces Filing of Third Quarter 2019 Financial and Operating Results and Delisting From Toronto Stock Exchange
Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces that it has filed its interim financial statements and related management’s discussion and analysis for the three and nine months ended September 30, 2019 with the Canadian securities regulatory authorities on SEDAR. Bellatrix also announces that on November 8, 2019, the Toronto Stock Exchange delisted the common shares of Bellatrix as a result of the Company’s initiation of creditor protection proceedings, as previously [Read more]
Freehold Royalties Ltd. Announces Third Quarter Results
Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces third quarter results for the period ended September 30, 2019. Results At A Glance Three Months Ended Nine Months Ended September 30 September 30 FINANCIAL ($000s, except as noted) 2019 2018 Change 2019 2018 Change Royalty and other revenue 33,068 40,587 -19% 104,010 119,705 -13% Net income (loss) 2,729 8,389 -67% (920 ) 18,198 -105% Per share, basic and diluted [Read more]
Suncor Energy declares dividend and announces increase to share repurchase program
All financial figures are in Canadian dollars. Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable December 24, 2019 to shareholders of record at the close of business on December 3, 2019. Suncor’s Board of Directors has also approved an increase to the company’s current share repurchase program of an additional $500 million increasing the program from $2.0 billion to $2.5 billion. Suncor will continue to be opportunistic in its [Read more]
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