BOE Report

Cuda Oil and Gas Inc. Announces the Extension and Expansion of its Credit Facility to Continue to Fund its Light Oil Asset in the Powder River Basin – Wyoming

CALGARY - Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) is pleased to announce that it has entered into an Agreement with the Company’s institutional lender (the “Lender”) to extend the expiration of its 2nd Lien Facility from December 31, 2019 to March 31, 2020. In addition, the Lender has agreed to advance funding of $4.5 MM CAD under the 2nd Lien Facility.  The capital proceeds will be used to fund oil field development expenditures associated with the Company’s Barron Flats [Read more]

Saturn Oil & Gas Inc. Announces Q3 2019 Results Highlighted by EBITDAX of $9.6 Million in Nine Months of 2019

CALGARY- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) today announced its financial and operating results for the three and nine month periods ended September 30, 2019. The Company’s unaudited interim financial statements and corresponding Management’s Discussion and Analysis (“MD&A”) for the three and nine month periods ended September 30, 2019, are available on SEDAR at www.sedar.com and on Saturn’s website at www.saturnoil.com.  Copies of the materials [Read more]

Razor Energy Corp. Announces Third Quarter 2019 Results

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to announce its third quarter 2019 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended September 30, 2019 which are available on SEDAR at www.sedar.com and the [Read more]

Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends

CALGARY, Alberta, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending December 31, 2019: Shares TSX Stock Symbol Dividend per Share  Common Shares BIR $0.02625 Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375 Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375  The dividends are payable on December 31, 2019 [Read more]

Delphi Energy Corp. Announces Completion of Recapitalization Transaction

CALGARY - Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce the completion of its previously announced recapitalization transaction (the “Recapitalization Transaction”). The Recapitalization Transaction was implemented pursuant to a plan of arrangement (the “Plan of Arrangement”) under the Canada Business Corporations Act (the “CBCA”). The Recapitalization Transaction included the following components: The existing issued and outstanding common shares of the Company [Read more]

International Petroleum Corporation Announces Results of Share Repurchase Program

TORONTO, Nov. 25, 2019 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 656,136 IPC common shares (ISIN: CA46016U1084) during the week of November 18 to 22, 2019 under the previously announced share repurchase program. The share repurchase program, announced by IPC on November 7, 2019, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) [Read more]

TC Energy provides Series 1 & 2 Preferred Shares conversion right

CALGARY, Alberta, Nov. 21, 2019 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on December 31, 2019. As a result, subject to certain conditions: (a)   the holders of Series 1 Shares have the right to choose one of the following options with [Read more]

Prairie Provident Announces Successful Princess Drilling Update

CALGARY, Alberta, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("PPR" or the "Company") (TSX:PPR) announces an operational update highlighting the successful initial results from a new well in the Company’s core Princess operating area. Princess Area New Well Results PPR’s latest 102/08-04-021-11W4 well is the Company’s seventh successful Lithic Glauconite well drilled in the last two years in the Princess area.  Starting November 16, 2019, the Princess well flowed for 93 [Read more]

Birchcliff Energy Ltd. Announces TSX Approval for Renewed Normal Course Issuer Bid

CALGARY -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice of Birchcliff’s intention to make a normal course issuer bid (the “NCIB”). The NCIB allows Birchcliff to purchase up to 13,296,761 common shares (representing 5% of its 265,935,229 common shares outstanding as at November 15, 2019) over a period of twelve months commencing on November 25, 2019. The NCIB will terminate no [Read more]

Husky Energy to Announce 2020 Capital Plan and Production Outlook

CALGARY, Alberta, Nov. 19, 2019 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) will release its planned 2020 capital expenditure and production guidance before markets open on Monday, December 2, 2019. A conference call will be held the same day beginning at 8 a.m. Mountain Time (10 a.m. Eastern Time). CEO Rob Peabody and members of the senior management team will participate in the call.                                                  To listen live:  Canada and U.S. Toll Free: 1-800-319-4610 [Read more]