BOE Report

Marksmen Announces Proposed Issuance of Debenture

CALGARY, Alberta, June 14, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX Venture: MAH) (OTCQB: MKSEF) announces that it has reached an agreement in principal to issue a non-convertible secured debenture ("Debenture") for gross proceeds of $1,250,000 and issue 1,800,000 share purchase warrants of the Company (the "Warrants"). Each whole Warrant entitles the holder thereof to purchase one common share of the Company for $0.10 per share expiring on December 31, [Read more]

Cequence Energy Announces Credit Facility Renewal

CALGARY, Alberta, June 14, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce that it has entered into an amended credit facility agreement (the “Credit Facility”) with its lender. The Credit Facility will mature on June 16, 2020 and the borrowing base remains at $7.0 million. Other than outstanding letters of credit totalling approximately $1.6 million, the Company currently has no amounts drawn under the Credit Facility. OVERVIEW OF [Read more]

Freehold Royalties Ltd. Declares Dividend for June 2019

CALGARY, Alberta, June 13, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on July 15, 2019 to shareholders of record on June 30, 2019. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada [Read more]

Husky Accepts Fines for 2016 Saskatchewan Oil Spill

CALGARY, Alberta, June 12, 2019 (GLOBE NEWSWIRE) -- Husky entered guilty pleas today on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. Husky subsidiary Husky Oil Operations Limited was fined $2.5 million under the federal Fisheries Act and $200,000 for a violation of the federal Migratory Birds Convention Act. It was fined $800,000 under the Saskatchewan Environmental Management and Protection Act and assessed a 40% victim [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for June

CALGARY, Alberta, June 10, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that a dividend of $0.01 per common share will be paid on July 15, 2019 to shareholders of record on June 28, 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. As previously announced, Cardinal will be increasing its dividend by 50% to $0.015 per [Read more]

PrairieSky Royalty Declares June Dividend

CALGARY, Alberta, June 10, 2019 (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 July 15, 2019 to shareholders of record on June 28, 2019.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas [Read more]

Ultra Petroleum Corp. Announces Extension of Early Participation Date, Withdrawal Deadline and Expiration Date for Exchange Offer for 7.125% Senior Notes due 2025

ENGLEWOOD, Colo., June 10, 2019 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) today announced that, with respect to the previously announced private offer to exchange (the “Exchange Offer”) outstanding 7.125% Senior Notes due 2025 (the “2025 Notes”) of its wholly owned subsidiary, Ultra Resources, Inc. (“Ultra Resources”), for up to $90.0 million aggregate principal amount of new 9.00% Cash / 2.50% PIK Senior Secured Third Lien Notes due 2024 of [Read more]

Canadian Natural Resources Limited Provides an Update on Pelican Lake and Woodenhouse Operations

CALGARY, Alberta, June 08, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) provides an update on its Pelican Lake and Woodenhouse operations. The Company has now been able to gain access to its wells and facilities in these areas, following the previously announced evacuation due to local wildfires. The Company continues to monitor the wildfire situation with local officials and is restarting operations today, ramping production back up in a safe [Read more]

Apache Corporation Announces Cash Tender Offers for up to $1.0 Billion in Aggregate Purchase Price of Senior Notes

HOUSTON, June 05, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, NASDAQ: APA) today announced the commencement of tender offers (each, an “Offer” and, collectively, the “Offers”) to purchase up to $1.0 billion in aggregate purchase price (excluding accrued and unpaid interest and excluding fees and expenses) (as such amount may be increased or eliminated by Apache pursuant to the terms of the Offers, the “Aggregate Maximum Purchase Price”) of its outstanding 2.625% notes due 2023, 3.625% [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, June 05, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on June 3, 2019 that on May 31, 2019 and June 3, 2019 David Cook acquired common shares as follows:  PDMRDate ofAcquisition Number ofCommonSharesAcquired Price ($US) Number of CommonShares held followingthe transaction % of Company'sissued share capitalheld  David CookMay 31, [Read more]