CALGARY, Alberta, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our dividend of $0.015 per common share will be paid on November 15, 2019 to shareholders of record on October 31, 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. One of Cardinal’s goals is to continually [Read more]
Gibson Energy Confirms 2019 Third Quarter Earnings Release Date and Provides Conference Call & Webcast Details
CALGARY, Alberta, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2019 third quarter financial and operating results on Monday, November 4, 2019 after the close of North American markets. The 2019 third quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings [Read more]
Husky Energy Announces Agreement to Sell Prince George Refinery
CALGARY, Alberta, Oct. 04, 2019 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced it has reached an agreement for the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash plus a closing adjustment for inventory, and a contingent payment of up to $60 million over two years. Husky previously announced it was considering selling the Prince George Refinery to focus on its Integrated Corridor and Offshore businesses. The Integrated Corridor [Read more]
PrairieSky Royalty Declares October Dividend and Announces Conference Call for Q3 2019 Results
CALGARY, Alberta, Oct. 03, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0650 per common share, payable in cash on November 15, 2019 to shareholders of record on October 31, 2019. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. PrairieSky will release its Q3 2019 results on Monday, October 28, 2019 after markets close. The news release detailing [Read more]
PrairieSky Royalty Appoints New Independent Director
James Estey, Chair of the Board of Directors of PrairieSky Royalty Ltd. (“PrairieSky”) (TSX: PSK), is pleased to announce the appointment of Mr. Robert Robotti to the company's Board of Directors. Mr. Robotti’s appointment is effective October 3, 2019. "On behalf of the Board, I am pleased to welcome Mr. Robotti as our newest independent director," said Mr. Estey. "Bob is an experienced investor and corporate director. As an energy investor he has a depth of knowledge across the North American [Read more]
Bellatrix Announces Strategic Process and a Court-Supervised Restructuring Proceeding
CALGARY, Alberta, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announces the commencement of a sale and investment solicitation process (the “Strategic Process”) to identify and pursue potential strategic options and alternatives with respect to Bellatrix to maximize value for the benefit of the Company’s stakeholders. The Strategic Process will explore a broad range of strategic options and alternatives that may be available to the [Read more]
Cenovus positioned for $11 billion of cumulative free funds flow through 2024
Company increases dividend by 25% CALGARY, Alberta, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its updated corporate strategy and five-year business plan. Building on the company’s excellent financial performance in the first half of 2019, Cenovus’s strategy through 2024 will focus on sustainably growing shareholder returns and further reducing net debt. The five-year business plan allows for disciplined production growth at Cenovus’s [Read more]
TransGlobe Energy Corporation Announces Director/PDMR Shareholding
CALGARY, Alberta, Oct. 01, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) AIM & TSX: “TGL” & NASDAQ: “TGA” announces that it was notified on September 30, 2019 that on the same day Edward LaFehr acquired common shares as follows: PDMRDate of AcquisitionNumber ofCommonShares AcquiredPriceNumber ofCommonShares held followingthe transaction% of Company's issued sharecapital heldEdward LaFehrSeptember 30, 20196,000Cdn $1.7710,0000.0138% [Read more]
Pengrowth Announces 31 Day Extension of its Debt Maturities
– Pengrowth has reached an agreement for a 31 day extension of the maturity date under its secured revolving credit facility (the “Credit Facility”) and under its October 2019 secured notes. – Pengrowth remains in ongoing discussions with its key senior debtholders regarding an overall transaction to address maturities under its Credit Facility and Secured Notes and put Pengrowth on a stronger footing to maximize value for all stakeholders. – Pengrowth will continue operating its free cash [Read more]
Baytex Releases 2018 Corporate Sustainability Report
CALGARY, Alberta, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) has published its fourth biennial corporate sustainability report, demonstrating our commitment to transparency and accountability, and our progress in managing the environmental and social impacts of our business. The report is available on Baytex’s website at www.baytexenergy.com. Highlights 76% reduction in corporate spill volumes over five years 99.1% routine gas conservation in [Read more]
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