CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) --Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by KES 7 Capital Inc. (“KES 7”), National Bank Financial Inc. (“NBF”), and Laurentian Bank Securities Inc. with KES 7 and NBF acting as joint book runners, in connection with a commercially reasonable efforts agency private placement of up to 7,500,000 common shares at a price of $2.00 per [Read more]
Chinook Energy Inc. Announces Its Unaudited 2018 Year End Results and Reserves
CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today announced its unaudited 2018 year end results and the results of its year end reserve evaluation effective December 31, 2018 as prepared by its independent evaluator. Chinook's audit of its 2018 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news release are unaudited and represent management's estimates. [Read more]
Encana and Newfield’s strategic combination receives shareholder approvals
CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) announced that the proposals necessary for the companies’ planned strategic combination were approved at the special shareholder meetings held today. The transaction will create North America’s premier resource company. The transaction is expected to close on February 13, 2019, subject to satisfaction of remaining customary closing conditions. [Read more]
Marksmen Announces Proposed Private Placement
CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it plans to complete a non-brokered private placement of up to 4,650,000 units (the “Units”) of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of up to a maximum of $465,000 (the “Offering”). There is no minimum Offering. The Units will be comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of [Read more]
Cardinal Energy Ltd. Announces Monthly Dividend for February
CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that a dividend of $0.01 per common share will be paid on March 15, 2019 to shareholders of record on February 28, 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. About Cardinal Energy Ltd. Cardinal is a junior Canadian oil focused company [Read more]
PrairieSky Announces 2018 Fourth Quarter and Year End Results; Maintains Dividend at $0.78 Per Share
CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its fourth quarter ("Q4 2018") and year-end operating and financial results for the period ended December 31, 2018. In addition, PrairieSky’s Board of Directors has confirmed the annual dividend of $0.78 per share for the upcoming year. PRESIDENT’S MESSAGE Fourth Quarter 2018 Highlights: Average royalty production of 23,506 BOE per day included 3% [Read more]
Canadian Natural Resources Limited Provides an Update on the South Africa Block 11B/12B
CALGARY, Alberta, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces in connection with its 20% working interest in the South Africa Block 11B/12B (“the Block”), the operator of the exploration well, Total E&P South Africa B.V. (“Total”) has issued a press release with updates related to the discovery of significant gas condensate on the prospect. Please see Total’s press release for further details. Canadian Natural [Read more]
TransGlobe Energy Corporation Announces Update to Significant Shareholder
AIM & TSX: “TGL” & NASDAQ: “TGA” CALGARY, Alberta, Feb. 06, 2019 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer) 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:TransGlobe Energy Corporation1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)Non-UK issuerx2. Reason for the notification [Read more]
Suncor Energy reports fourth quarter 2018 results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, except for Libya, which is on an entitlement basis. Certain financial measures referred to in [Read more]
Suncor Energy declares increased dividend and announces additional stock buyback program
CALGARY, Alberta, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable March 25, 2019 to shareholders of record at the close of business on March 4, 2019. This dividend represents a 17% increase over the prior quarter and marks 17 years of consecutive annualized dividend increases. The dividend increase is supported by sustainable, structural improvements to free funds flow through operating [Read more]
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