BOE Report

Zargon Oil & Gas Ltd. Report on Voting from the 2019 Shareholders Meeting and Completion of Share Consolidation

CALGARY, Alberta, May 30, 2019 (GLOBE NEWSWIRE) -- (TSX - ZAR) Zargon Oil & Gas Ltd. ("Zargon" or the "Company") announces that the following matters were voted upon at the annual and special meeting of the shareholders of Zargon held on May 30, 2019 in Calgary, Alberta. More information about the matters considered at the meeting can be found in the Company's information circular dated April 22, 2019, a copy of which is available on SEDAR under the Company's issuer profile, accessible at [Read more]

Granite Oil Corp. Announces Results Of Shareholder Meeting

CALGARY, Alberta, May 29, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO; OTCQX:GXOCF) is pleased to announce the results from its 2019 annual general and special meeting of shareholders held on May 29, 2019 in Calgary, Alberta (the “Meeting”).  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 24, 2019, a copy of which is available on the Company's SEDAR profile at www.sedar.com. [Read more]

Canadian Spirit Resources Inc. Announces First Quarter 2019 Financial Results and Election of New Director

CALGARY, Alberta, May 29, 2019 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) is pleased to announce the release of its interim financial results and Management Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2019 and the election of Louisa DeCarlo of Calgary, Alberta as a director of the Corporation. First Quarter 2019  This news release summarizes information contained in the unaudited interim [Read more]

Toscana Energy Completes Renewal of its Credit Facilities

CALGARY, Alberta, May 29, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) is pleased to announce that it has renewed its revolving operating credit facility with its Senior Lender at the existing level of $25 million. The terms of the amended credit facilities remain unchanged with the exception of additional compliance, consent and reporting requirements relating to Toscana’s provincial liability management rating and decommissioning [Read more]

Pieridae Announces First Quarter Results

Focus on Advancing Goldboro LNG Continues CALGARY, Alberta, May 29, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its first quarter (“Q1”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the first three months of 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at [Read more]

Canadian Natural Resources Limited Announces the Acquisition of Substantially All of the Assets of Devon Canada Corporation

CALGARY, Alberta, May 29, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces it has entered into an agreement, subject to regulatory approval, to acquire substantially all of the assets of Devon Canada Corporation (“Devon”), for a cash purchase price of C$3.775 billion (subject to closing adjustments), with an effective date of January 1, 2019 and a targeted closing date of June 27, 2019. Devon’s high quality land and production are [Read more]

Delphi Energy Corp. Provides Credit Facility Update

CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) announces that the Company’s syndicate of lenders, led by Alberta Treasury Branches and including The Bank of Nova Scotia and Bank of Montreal, has extended the term out date of the Company’s $105 million senior secured credit facility to June 14, 2019 in order to complete the annual borrowing base redetermination and extension documentation. Delphi currently has $82.0 million drawn on the [Read more]

Bellatrix Obtains Final Court Order Approving Its Recapitalization Transaction

CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announced today that, in connection with the previously announced recapitalization transaction (the “Recapitalization Transaction”) described in the Company’s management information circular dated April 18, 2019, the Company has obtained a final court order (the “Final Order”) from the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement under [Read more]

TC Energy expects to realize $1.15 billion from the partial monetization of Northern Courier Pipeline

CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) -- News Release - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has entered into an agreement to sell an 85 per cent equity interest in Northern Courier Pipeline to Alberta Investment Management Corporation (AIMCo). In conjunction with the sale, TC Energy also expects that Northern Courier Pipeline will undertake a financing of long-term, non-recourse debt, the proceeds of which are expected to be fully distributed to [Read more]

Husky Energy Updates Five-Year Plan and Increases Free Cash Flow Generation Outlook

CALGARY, Alberta, May 28, 2019 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) will hold its Investor Day in Toronto today to review and update its five-year plan. With a focus on generating increased free cash flow, Husky’s plan shows reduced capital spending to achieve an annual average of $3.15 billion for 2019 – 2023 versus the previously planned 2018 – 2022 annual average of $3.5 billion. Total capital spending over the 2019 – 2023 five-year period is reduced by about $1.7 billion, with total [Read more]