CALGARY, Alberta, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Velvet Energy Ltd. ("Velvet") and Iron Bridge Resources Inc. (TSX: IBR) ("Iron Bridge") today announced that Iron Bridge has entered into an amalgamation agreement (the "Amalgamation Agreement") with Velvet Acquisition Company Ltd. ("AcquisitionCo"), a wholly-owned subsidiary of Velvet, under which Iron Bridge will amalgamate with AcquisitionCo, with the amalgamated entity ("Amalco") becoming an wholly-owned subsidiary of Velvet (the [Read more]
Prairie Provident Announces Closing of $5.5 Million Equity Financing, including Exercise of Over-Allotment Option, and Expands Light Oil Drilling Program at Evi
CALGARY, Alberta, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX: PPR) is pleased to announce the closing of its previously announced bought deal financing ("Bought Deal Financing") and strategic private placement, each led by Mackie Research Capital Corporation ("MRCC") for total gross proceeds of $5.5 million, including exercise of the over-allotment option under the Bought Deal Financing. Pursuant to the Bought Deal Financing, [Read more]
Altura Energy Inc. Provides an Operational Update
CALGARY, Alberta, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura", or the "Corporation") (TSX Venture: ATU) is pleased to provide an operational update in respect to its Leduc-Woodbend core area. Altura completed its summer drilling program of eight 1.5-mile extended reach horizontal ("ERH") wells in the Leduc-Woodbend Upper Mannville Rex oil pool on August 23rd. Five wells were brought on production throughout July and August, two wells were brought on production October 3rd [Read more]
Blackbird Energy Inc. Closes CDE Flow-Through Equity Financing for Gross Proceeds of $2.3 Million
CALGARY, Alberta, Oct. 10, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement by issuing 6,249,181 common shares ("Shares") on a "flow-through" basis in respect of Canadian Development Expenses ("CDE") at a price of $0.37 per Share, resulting in gross proceeds of $2.3 million (the "CDE Private Placement"). Proceeds from the CDE Private [Read more]
PrairieSky Royalty Declares October Dividend and Announces Conference Call for Q3 2018 Results
CALGARY, Alberta, Oct. 09, 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 November 15, 2018 to shareholders of record on October 31, 2018. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. PrairieSky will release its Q3 2018 results on Monday, October 29, 2018 after markets close. The news release detailing [Read more]
Prairie Provident Announces Updated Corporate Presentation
CALGARY, Alberta, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or “PPR” or the "Company") (TSX: PPR) is pleased to report that it has posted an updated corporate presentation on its website following the announcement of its proposed acquisition of Marquee Energy Ltd. and the related financing. PPR is an oil and liquids weighted company with low-decline production that generates attractive netbacks in the current environment. The Company has high [Read more]
Pulse Oil Corp. Updates Well Reactivation Timing, Announces Acquisition of Important Bigoray Wells from Third Party
CALGARY, Oct. 9, 2018 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) announced an update to Pulse's Q4 2018 Bigoray well reactivation program as follows: Reactivation 1 Details: Pulse anticipates receiving regulatory approval by the Alberta Energy Regulator ("AER") for the transfer of its next Bigoray well, located in the Bigoray Nisku E Pool, to be reactivated from the Orphan Well Association ("OWA"), by October 23, 2018. Pulse holds 100% of the [Read more]
Velvet Offer for Iron Bridge Resources Expires
87.73% of Iron Bridge common shares tendered Velvet Offer for Iron Bridge Resources expires Velvet sets shareholder meeting to approve final acquisition transaction CALGARY, Alberta, Oct. 05, 2018 (GLOBE NEWSWIRE) -- Velvet Energy Ltd. ("Velvet") and Iron Bridge Resources Inc. (TSX: IBR) ("Iron Bridge") today announced that Velvet's amended $0.845 per share all cash offer has expired, and that a total of approximately 87.73% of Iron Bridge common shares equating to approximately [Read more]
Bellatrix Announces Repurchase of Grafton Joint Venture Assets
CALGARY, Alberta, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has entered into an agreement to acquire all the remaining assets earned by Grafton Energy Co I Ltd. (“Grafton”) under the previously announced joint venture arrangement entered into in 2013 (the “Grafton JV”). Upon completion of the transaction, the agreement governing the Grafton JV will be terminated and each party will release the other from all [Read more]
Canadian Natural Resources Limited Announces Establishment of Automatic Securities Purchase Plan
CALGARY, Alberta, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces in connection with its previously announced Normal Course Issuer Bid ("NCIB") to purchase up to 61,424,856 of its common shares (“Shares"), it entered into an Automatic Securities Purchase Plan ("ASPP") with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase [Read more]
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