One billion barrels of cumulative oil sands production CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that on July 10, 2019 the company reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta. Cenovus is the first company to produce one billion barrels of oil using steam-assisted gravity drainage (SAGD) technology. Foster Creek began producing oil as a … [Read more...]
TransGlobe Energy Corporation Announces Update to Significant Shareholder
AIM & TSX: “TGL” & NASDAQ: “TGA” CALGARY, Alberta, July 10, 2019 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer) 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:TransGlobe Energy Corporation1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)Non-UK issuerx2. Reason for the notification … [Read more...]
PrairieSky Royalty Declares July Dividend and Announces Conference Call for Q2 2019 Results
CALGARY, Alberta, July 09, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0650 per common share, payable in cash on August 15, 2019 to shareholders of record on July 31, 2019. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. PrairieSky will release its Q2 2019 results on Monday, July 22, 2019 after markets close. The news release detailing … [Read more...]
Gibson Energy Confirms 2019 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details
CALGARY, Alberta, July 09, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it expects to release its 2019 second quarter financial and operating results on Tuesday, August 6, 2019 after the close of North American markets. The 2019 second 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 … [Read more...]
InPlay Oil Corp. Provides Operations Update and Announces Renewal of Credit Facilities
CALGARY, Alberta, July 08, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to provide an operations update and announce that the annual review of its operating and syndicated credit facilities by its lenders has been completed. Production for the second quarter, based on field estimates, is expected to average over 5,100 boed. The Company is very pleased with this result as it is above the high end of our annual production guidance of … [Read more...]
Cardinal Energy Ltd. Announces Monthly Dividend for July
CALGARY, Alberta, July 04, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our dividend of $0.015 per common share will be paid on August 15, 2019 to shareholders of record on July 31, 2019. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Cardinal would also like to confirm that although shareholders had approved the … [Read more...]
Pieridae Grants Common Shares & Options
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, July 03, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announces that in accordance with its Directors’ Compensation Policy, 33,584 common shares of Pieridae Energy Limited were granted to its Directors on July 3, 2019, at the price value of $0.89 per share. In addition, the company announces that in accordance with its stock option … [Read more...]
TC Energy enters agreement to sell Columbia Midstream assets for US$1.275 billion
CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it has entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporation (NYSE: UGI), for approximately US$1.275 billion (Cdn$1.7 billion). The transaction is expected to close in the third quarter of 2019 subject to closing adjustments and … [Read more...]
Gibson Energy Announces Closing of Sale of Canadian Truck Transportation
CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it has closed the sale of its Canadian Truck Transportation businesses to Trimac Transportation (“Trimac”) for gross proceeds of approximately $70 million prior to customary closing adjustments, with the potential for additional proceeds depending on the performance of the business over the next several years. As part of the sale of its Canadian Truck Transportation … [Read more...]
Pieridae Energy Limited Announces Closing of Non-Brokered Private Placement of Common Shares and Convertible Debentures for a Total of $12.2 Million
CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 … [Read more...]
