CALGARY, Alberta, April 23, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it intends to complete a private placement directed towards Norwegian and international institutional investors (the “Private Placement”). The Company intends to use the net proceeds from the Private Placement to strengthen its working capital, partially finance its ongoing Montney capital program and the preliminary work for its planned [Read more]
PrairieSky Announces 2019 First Quarter Results
CALGARY, Alberta, April 22, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its first quarter ("Q1 2019") operating and financial results for the period ended March 31, 2019. PRESIDENT’S MESSAGE First Quarter 2019 Highlights: • Total revenues of $73.2 million, up 42% from $51.6 million in Q4 2018, comprised of royalty production revenues of $66.5 million and other revenues of $6.7 million for the first [Read more]
Toscana Files Shareholder and Debentureholder Meeting Materials
CALGARY, Alberta, April 18, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX:TEI) has filed its meeting materials in connection with the previously announced annual and special meeting of shareholders and extraordinary meeting of debentureholders each scheduled for May 10, 2019 at 9:00 a.m. and 11:00 a.m., respectively, and each being held in connection with, among other things, consideration of a transaction (the “Transaction”) pursuant to which [Read more]
Pine Cliff Energy Ltd. Announces Strategic Acquisition, CDE Flow-Through and Common Share Financings and Increased 2019 Capital Spending and Production Guidance
CALGARY, Alberta, April 17, 2019 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce that it has entered into an agreement to acquire oil and natural gas assets (the “Assets”) in the Ghost Pine area of Central Alberta for net cash consideration of $8.6 million, after estimated closing adjustments (the “Acquisition”). The Acquisition will have an effective date of October 1, 2018 and is expected to close on or around May 31, 2019 (the [Read more]
Freehold Royalties Ltd. Declares Dividend for April 2019
CALGARY, Alberta, April 16, 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 May 15, 2019 to shareholders of record on April 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 [Read more]
Bellatrix Announces Meeting Details In Connection With Recapitalization Transaction
CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has issued an interim order (the “Interim Order”) authorizing, among other things, the holding of the following meetings (collectively, the “Meetings”): (i) a meeting (the “Senior Unsecured Noteholders’ Meeting”) of holders of the Company’s outstanding 8.5% senior unsecured notes due [Read more]
Cardinal Energy Ltd. Announces Monthly Dividend for April
CALGARY, Alberta, April 15, 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 May 15, 2019 to shareholders of record on April 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 company [Read more]
Peyto Exploration & Development Corp. Confirms Dividends for Second Quarter 2019
CALGARY, Alberta, April 15, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto") (TSX: PEY) declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated. Dividend Amount per Common ShareRecord Date Ex-Dividend Date Payment Date$0.02April 30, 2019 April 29, 2019 May 15, 2019$0.02May 31, 2019 May 30, 2019 June 14, 2019 (*)$0.02June 30, 2019 June 27, 2019 July 15, 2019 (*) (*) Dividends are at the [Read more]
Canadian Natural Resources Limited Announces Establishment of Automatic Securities Purchase Plan
CALGARY, Alberta, April 15, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces in connection with its previously announced Normal Course Issuer Bid ("NCIB") to purchase up to 61,424,856 of its common shares (“Shares"), it entered into an Automatic Securities Purchase Plan ("ASPP") with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase [Read more]
Pipestone Energy Corp. Announces Performance Share Unit and Restricted Share Unit Grant
CALGARY, Alberta, April 12, 2019 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“Pipestone Energy” or the “Corporation”) (TSX-V: PIPE) announces the grant of 180,000 performance share units (“PSUs”) and 120,000 restricted share units (“RSUs”) to its Chief Financial Officer. The PSUs and RSUs vest over a period of three years. Each PSU entitles the holder on settlement to up to two common shares (“Common Shares”) issued by the Corporation, subject to performance metrics and a performance [Read more]
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