BOE Report

Prairie Provident Announces Significant Incremental Reserves Booking Attributable to Evi Waterflood

CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of an updated independent reserves evaluation of the Company's interests in respect to specific reserve entities within three future undeveloped waterflood expansion areas in Evi (“Evi Waterflood Areas”). The evaluation was conducted by Sproule Associates Limited (“Sproule”), independent qualified reserves evaluators, with an [Read more]

TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice

CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) -- News Release – 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 9 (Series 9 Shares) on October 30, 2019. As a result, subject to certain conditions, the holders of Series 9 Shares have the right to choose one of the following options with regard to their shares: to retain any or all of their Series 9 Shares [Read more]

Gibson Energy Announces Closing of $500 Million Medium Term Note Offering and Redemption of $300 Million Senior Unsecured Notes Due 2022

All financial figures are in Canadian dollars unless otherwise noted Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that it has closed the previously announced offering of $500 million senior unsecured medium term notes, Series 1 (the "Notes").  The Notes will have a fixed coupon rate of 3.60% per annum, payable semi-annually, and will mature on September 17, 2029. Gibson intends to use the net proceeds from the sale of the Notes for the redemption of its [Read more]

Maha Energy AB (publ) (“Maha” or the “Company”) Announces Operational Update and Changes in Senior Management

­­­ The Company is pleased to provide the following operational update for the drilling of 7-TTG-3D-SES well (the “Well”).  After 65 days of Well drilling operations, a 12-1/4” wellbore has been drilled to the top of the Penedo oil producing formation at a measured depth of 2,889 m.  9-5/8” casing has now been successfully run and cemented in place.  An 8-1/2” vertical hole will now be drilled to an approximate depth of 3,495 m at which point the multiple stacked sandstone reservoir will be [Read more]

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at 14-28-59-22W5M. CLOSING OF THE SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE As previously announced on June 17, 2019, Delphi has sold and permanently assigned 16 [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholdings

CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) (“TransGlobe” or the “Company”) announces that on September 13, 2019, David Cook, Carol Bell, Edward LaFehr, Susan MacKenzie, and Steven Sinclair, all Independent Directors, received Deferred Share Units (“DSUs”) as a result of the Company having declared a dividend:   DirectorNumber of DSUs grantedPriceGranted($Cdn)Number of DSUs held following the transaction% of [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2019

CALGARY, Alberta, Sept. 13, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to September 2019 of $0.02 per common share is to be paid on October 15, 2019, for shareholders of record on September 30, 2019.  The ex-dividend date is September 27, 2019. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]

Gibson Energy Announces $500 Million Medium Term Note Offering

CALGARY, Alberta, Sept. 12, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that it has agreed to issue $500 million senior unsecured medium term notes, Series 1 (the "Notes").  The Notes will have a fixed coupon rate of 3.60% per annum, payable semi-annually, and will mature 10 years from the date of issue. The offering of the Notes is expected to close on or about September 17, 2019, subject to customary closing conditions.  Gibson intends [Read more]

Razor Energy Corp. Closes Strategic Acquisition and Announces Intention to Commence New Normal Course Issuer Bid

CALGARY, Alberta, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) is pleased to announce it has completed the previously announced strategic acquisition of Little Rock Resources Ltd. ("Little Rock") (the "Acquisition"). The Acquisition implies a value of approximately $12.7 million for Little Rock, including the issuance of $10.6 million in Common Shares and the assumption of Little Rock's net debt of $2.1 million. Little Rock's current production [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for September

CALGARY, Alberta, Sept. 10, 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 October 15, 2019 to shareholders of record on September 30, 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. Cardinal is a junior Canadian oil focused [Read more]