Offer expired January 16 with minimum tender condition not met Husky will not extend its offer given lack of MEG Board and shareholder support Company to focus on developing its deep portfolio of organic growth projects as set out at Investor Day on May 28, 2018 Potential divestment of Husky’s retail business and Prince George Refinery will continue; proceeds provide for enhanced cash returns to shareholders and accelerating organic growth investments CALGARY, Alberta, Jan. 17, 2019 (GLOBE [Read more]
Zargon Oil & Gas Ltd. Engages Financial Advisor
CALGARY, Alberta, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has re-engaged Macquarie Capital Markets Canada Ltd. as financial advisor to assist in seeking outcomes that will maximize value for the Company and its stakeholders. These outcomes may include a corporate merger, sale, recapitalization or reorganization. Zargon’s long-life, low-decline oil exploitation assets have significant upside potential in a period of prolonged higher oil [Read more]
Marksmen Announces Operational Update
CALGARY, Alberta, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) is a 60% working interest owner in the Leaman #1horizontal well operated by Hocking Hills Energy and Well Services LLC, in Hocking County, Ohio. In a press release dated December 19, 2018, Marksmen announced that a new horizontal/lateral leg paralleling the original well bore was successfully drilled at the Leaman #1 horizontal well. The well has recently been equipped with tanks, a pumping [Read more]
Peyto Announces Strategic Three Year Plan
CALGARY, Alberta, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto” or the “Company") announces a three year strategic plan to address the natural gas price crisis currently affecting the entire Alberta natural gas market and Canadian natural gas producers. The Board of Directors of Peyto has approved a plan to enhance shareholder value by; investing in several strategic longer-term initiatives, protecting the Company’s balance sheet through the near term [Read more]
DCP Midstream, LP Announces Upsizing and Pricing of an Additional $325 Million of 5.375% Senior Notes due 2025
DENVER, Jan. 16, 2019 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) (the “Partnership”) announced today that its wholly owned subsidiary, DCP Midstream Operating, LP (the “Operating Partnership”), priced an upsized offering of an additional $325 million aggregate principal amount of its 5.375% senior notes due 2025 at a price of 100.75% of their face value plus accrued interest from January 15, 2019 (the “Additional Notes”). The Additional Notes will be fully and unconditionally guaranteed [Read more]
Jones Energy, Inc. Declares Contingent Convertible Preferred Stock Dividend
AUSTIN, Texas, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (OTCQX: JONE) (“Jones Energy” or “the Company”) today announced that its Board of Directors has declared a contingent quarterly dividend per share equal to 8.0% on an annualized basis based on the liquidation preference of $50.00 per share, or $1.00 per share, on the Company’s 8.0% Series A Perpetual Convertible Preferred Stock (the “Preferred Stock”). If paid, the dividend will be paid in the Company’s Class A common stock. [Read more]
Apache and Altus Midstream Announce New Altus Midstream CEO
HOUSTON, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) and Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced the appointment of Clay Bretches as CEO of Altus Midstream, effective immediately. Bretches will also serve as a member of the Altus board of directors and as Apache’s senior vice president, U.S. Midstream Operations. Brian Freed, CEO of Altus since its inception, will continue in his role as Apache’s senior vice president, Midstream and [Read more]
Freehold Royalties Ltd. Declares Dividend for February 2019
CALGARY, Alberta, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on February 15, 2019 to shareholders of record on January 31, 2019. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in [Read more]
Storm Resources Ltd. Announces Operational Update
CALGARY, Alberta, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Storm Resources Ltd. ("Storm" or the "Company") (TSX:SRX) is providing an operational update which includes estimated production for the fourth quarter of 2018 and an estimate of the anticipated effect of an ongoing unplanned outage at the McMahon Gas Plant that started January 2, 2019. Production in the fourth quarter of 2018 is estimated to have averaged approximately 22,300 Boe per day which includes 4,100 barrels per day of liquids [Read more]
Athabasca Oil Corporation Closes $265 Million Leismer Infrastructure Transaction
CALGARY, Alberta, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) has closed the previously announced Leismer Infrastructure Transaction with Enbridge Inc. for $265 million cash consideration. Transaction proceeds are approximately 50% of Athabasca’s market capitalization and significantly bolster the Company’s liquidity, reduce net debt and improve financial resiliency. Leismer’s cost structure remains competitive with other top tier oil [Read more]
- « Previous Page
- 1
- …
- 221
- 222
- 223
- 224
- 225
- …
- 381
- Next Page »