CALGARY, Alberta, Dec. 14, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX: TEI) held its extraordinary meeting (the "Meeting") of holders ("Debentureholders") of 7.25% convertible unsecured subordinated debentures of Toscana Energy due June 30, 2021 ("Debentures") on December 14, 2018 in Calgary, Alberta. An aggregate of $7,836,000 principal amount of Debentures, representing approximately 39.18% of the issued and outstanding Debentures, were [Read more]
Freehold Royalties Ltd. Declares Dividend for December 2018
CALGARY, Alberta, Dec. 13, 2018 (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 January 15, 2019 to shareholders of record on December 31, 2018. 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]
Apache Declares Cash Dividend on Common Shares; Sets Date for 2019 Annual Meeting
HOUSTON, Dec. 13, 2018 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Feb. 22, 2019, to stockholders of record on Jan. 22, 2019, at a rate of 25 cents per share on the corporation’s common stock. Apache's annual meeting will be held at 10 a.m. Central time Thursday, May 23, 2019, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., [Read more]
Birchcliff Energy Ltd. Announces Board Changes
CALGARY, Alberta, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that Ms. Stacey McDonald has been appointed as a director of Birchcliff effective December 14, 2018. Ms. McDonald brings over 13 years of experience in the energy and financial sectors to Birchcliff, including extensive knowledge of capital markets and financial analysis. She was most recently a Managing Director of Institutional Energy Research at GMP [Read more]
Pieridae Energy Limited: Proposed Private Placement
CALGARY, Alberta, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, subject to the approval of the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private placement offering to raise $8.0 million (the “Private Placement”) the terms of which are detailed below. Pieridae is progressing with its closing of the Arrangement Agreement with Ikkuma Resources Corp. (“Ikkuma”). To that end Pieridae intends to use the proceeds of [Read more]
PrairieSky Royalty Declares December Dividend
CALGARY, Alberta, Dec. 11, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.065 per common share, payable in cash on January 15, 2019 to shareholders of record on December 31, 2018. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and [Read more]
Cenovus’s 2019 budget demonstrates cost leadership and capital discipline
CALGARY, Alberta, Dec. 11, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remains committed to increasing shareholder value through cost leadership, capital discipline and safe and reliable operations. These commitments, in combination with the company’s high-quality upstream assets and joint ownership in strong refining assets, are expected to further strengthen Cenovus’s ability to generate free funds flow and continue deleveraging its balance sheet in 2019. Cenovus plans [Read more]
TransGlobe Energy Corporation Announces Director/PDMR Shareholding
CALGARY, Alberta, Dec. 11, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 7, 2018 that on the same day G. R. (Bob) MacDougall acquired common shares as follows: PDMRNumber of Common Shares AcquiredPrice ($CDN)Number of Common Shares held following the transaction% of Company's issued share capital heldGeorge (Bob) MacDougall20,000$2.674047,8000.07% Notification [Read more]
Athabasca Oil Corporation Announces $265 Million Leismer Infrastructure Transaction, Preliminary 2019 Capital Guidance of $95 – $110 Million and Streamlined Cost Structure
CALGARY, Alberta, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide an update on its midstream process, preliminary 2019 capital guidance expectations and its recent reductions in corporate costs. Strategic Infrastructure Transaction Athabasca has entered into an agreement with Enbridge Inc. (“Enbridge”) for the sale of its Leismer pipelines and Cheecham storage terminal (“Leismer Infrastructure Transaction”). Enbridge [Read more]
Bellatrix Announces Planned Timing of Its 2019 Guidance Release, Market Diversification Benefits, Debt Refinancing Update and Publication of Its Annual Corporate Responsibility Report
CALGARY, Alberta, Dec. 07, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces the planned timing of its 2019 capital budget and guidance release, reiterates its commodity price risk management protection and market diversification exposure, provides an update regarding its ongoing debt refinancing efforts, and the publication of its annual corporate responsibility report. 2019 Capital Budget and Guidance Timing Bellatrix plans to [Read more]
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