CALGARY, Alberta, March 29, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announced today a proposed recapitalization transaction (the “Recapitalization Transaction”) designed to improve and strengthen the Company’s overall financial position and which, among other things, would: Reduce the Company’s total outstanding debt by approximately C$110 million (approximately 23%) and reduce annual cash interest payments by over C$12 million [Read more]
Razor Energy Corp. Announces Fourth Quarter and 2018 Year End Results
CALGARY, Alberta, March 28, 2019 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to announce its fourth quarter and year end 2018 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2018, which are available on SEDAR at [Read more]
Pipestone Energy Corp. Files the Pipestone Oil Corp. December 31, 2018 Audited Financial Statements
CALGARY, Alberta, March 28, 2019 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“Pipestone Energy”) (TSX-V: PIPE) announces that in accordance with the requirements of National Instrument 51-102 - Continuous Disclosure Obligations (“NI 51-102”) it has filed the audited financial statements for its predecessor Pipestone Oil Corp. (“POC”) for the year ended December 31, 2018. As Pipestone Energy was the “reverse takeover acquirer” (as defined in NI 51-102) of Blackbird Energy Inc. (“Blackbird”) in [Read more]
Marksmen Announces Final Closing of Private Placement
CALGARY, Alberta, March 28, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed the second and final closing (“Second Tranche”) of its previously announced non-brokered private placement of units (the “Units”) of Marksmen at a price of $0.10 per Unit (the “Offering”). The Company issued 865,000 Units under the Second Tranche for gross proceeds of $86,500, bringing the aggregate total under the Offering to 3,880,000 Units, for gross proceeds [Read more]
Prairie Provident Announces Fourth Quarter and Year-End 2018 Financial and Operating Results
CALGARY, Alberta, March 27, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce our operating and financial results for the three months and year ended December 31, 2018. PPR’s audited consolidated financial statements ("Annual Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three months and year ended December 31, 2018 and annual information form dated March 27, 2019 (“AIF”) [Read more]
Altura Energy Inc. Announces Grant of Stock Options
CALGARY, Alberta, March 27, 2019 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) announces that in accordance with its long-term compensation policy which includes an annual grant of stock options ("Options") to its employees, officers and directors, Altura's Board of Directors has granted Options to acquire 1,180,000 common shares in the capital of Altura ("Common Shares"), of which 1,165,000 were granted to officers and directors of the Corporation. The [Read more]
PRD Energy Provides Update on Liquidation & Dissolution Process
CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) -- PRD Energy Inc. ("PRD" or the "Company") is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD's assets, as at December 31, 2018, were comprised of cash on hand of approximately $725,055. PRD has filed requests for tax clearance certificates with the Canada Revenue [Read more]
Pengrowth Announces the Extension of Its Credit Facility
CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF), today announced that it has reached arrangements for the extension of the maturity date under its secured revolving credit facility (the “Credit Facility”) through September 30, 2019, subject to certain terms. The Company’s $330 million Credit Facility (all amounts in Canadian dollars) is provided by a broad syndicate of domestic and international banks and [Read more]
Granite Oil Corp. Reports Year End 2018 Financial Results
CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial results for the year ended December 31, 2018. Granite has filed its audited financial statements for the year ended December 31, 2018, and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Granite's annual financial materials may be viewed in their entirety on www.sedar.com and on [Read more]
Bellatrix Announces Filing of 2018 Annual Information Form and Form 40-F
CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) today announces the filing of its Annual Information Form (“AIF“) for the year ended December 31, 2018, with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval (“SEDAR“). In addition, Bellatrix has filed its Form 40-F for the year ended December 31, 2018, which includes the AIF, with the United States Securities and [Read more]
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