THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 06, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (OSE:QEC) (TSX:QEC) reported today on the draft hydrocarbon regulations published by the Government of Quebec. The Government of Quebec announced new regulations with a 45-day consultation period. If implemented, these regulations [Read more]
Saturn Oil & Gas Inc. Announces Appointment of Board Director and VP of Finance
SASKATOON, Saskatchewan , June 05, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV:SMI) (FSE:SMK) is pleased to announce that effective June 1st, 2018, Mr. Christopher Ryan has been appointed to the Board of Directors and Mr. Geoff Jones has been appointed as VP of Finance for Saturn. Mr. Ryan is the Director of Midstream for Tundra Energy Marketing Ltd. (TEML). Prior to that, he was the Director of Operation Services for TEML and Exploitation Engineer [Read more]
Iron Bridge Resources Announces Annual General Meeting Voting Results
CALGARY, Alberta, June 05, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (TSX:IBR) (“Iron Bridge” or the “Company”) is pleased to announce the voting results from its annual general meeting of shareholders held on June 4, 2018. A total of 52,745,522 common shares, representing approximately 34.07% of Iron Bridge’s issued and outstanding common shares, were represented in-person or by proxy at the meeting. The following nominees were elected as directors of Iron Bridge for the [Read more]
Groundstar Resources Limited Announces Closing of Financing
CALGARY, June 04, 2018 (GLOBE NEWSWIRE) -- Groundstar Resources Limited (TSXV:GSA) (the “Company”) is pleased to announce that it has closed on the first tranche of its previously announced non-brokered private placement of a maximum of up to 20 million units in the capital of the Company (the “Common Units”) at a price of $0.01 per unit, each unit consisting of a common share in the capital of the Company (“Common Share”) and a common share purchase warrant (a “Warrant”) for gross proceeds of [Read more]
Bellatrix Provides an Operational Update and Announces Renewal and Extension of Its Revolving Credit Facilities
CALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix", "our" or the "Company") (TSX:BXE) (NYSE:BXE) provides an operational update and announces the renewal and extension of its revolving credit facilities. Bellatrix completed its first half 2018 development drilling program in February, bringing 5 gross (5.0 net) operated Spirit River wells on-stream during the first quarter. These wells continue to outperform expected results by approximately 35% on an [Read more]
Questerre updates litigation for Quebec assets; announces spud of Kakwa North well
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONSCALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported on the status of legal proceedings related to its assets in Quebec. Pursuant to a Letter of Intent with a senior exploration and production company to acquire their Quebec assets (the “LOI”), as reported on [Read more]
Questerre settles lawsuit and consolidates Quebec position
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported that it has executed a Letter of Intent with a senior exploration and production company (the “LOI”) to settle outstanding litigation and acquire all their assets in the St. Lawrence Lowlands, Quebec (the [Read more]
Pine Cliff Energy Ltd. Provides Credit Facility Update
CALGARY, Alberta, June 01, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) announces that it has entered into an agreement with the Company’s syndicate of Canadian Financial Institutions (the “Lenders”) to extend the borrowing base redetermination date of the Company’s $45.0 million syndicated credit facility (the “Credit Facility”) to July 15, 2018. Until that date, Pine Cliff and the Lenders have agreed that amounts permitted under the Credit [Read more]
Pengrowth Confirms Delisting Notification from NYSE and Announces Plan to Trade on OTCQX
CALGARY, Alberta, June 01, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today confirms that it has received a delisting notification from the New York Stock Exchange (NYSE). The Company received notice on December 1, 2017 that its share price had fallen below the NYSE’s continued listing standard for average closing price of less than U.S. $1.00 over a consecutive 30 trading-day period. Given that the share price on the NYSE has not recovered sufficiently to [Read more]
Range Declares Quarterly Dividend
FORT WORTH, Texas, June 01, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.02 per common share is payable on June 29, 2018 to stockholders of record at the close of business on June 15, 2018. RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay [Read more]
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