CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the [Read more]
Granite Oil Corp. Announces 2018 Year End Reserve Metrics and Operational Update
CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to present the summary results of the independent reserves report (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2018. In 2018, Granite invested approximately $10.2 million of capital expenditures (unaudited), all organically, into its 100%-owned Bakken oil property. This represents a decrease of [Read more]
Centennial Resource Development, Inc. Announces Pricing of $500 Million Private Offering of Senior Unsecured Notes due 2027
DENVER, March 12, 2019 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its subsidiary, Centennial Resource Production, LLC (“CRP”), has priced its previously announced private offering (the “Notes Offering”) of senior unsecured notes due 2027 (the “2027 Notes”). The 2027 Notes, which priced at 99.235% of the aggregate principal amount, will mature on April 1, 2027 and will pay interest at an annual rate of 6.875%. [Read more]
Cequence Energy Announces 2018 Financial and Operating Results and Provides Operational Update
CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2018, as well as its year-end reserve evaluation as prepared by its qualified independent reserve evaluator. The Company’s Consolidated Financial Statements and Management’s Discussion and Analysis are available at www.cequence-energy.com and on SEDAR at www.sedar.com. 2018 [Read more]
Baytex Energy Files 2018 Year-End Disclosure Documents
CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announces the filing of its Annual Information Form for the year ended December 31, 2018 (the “AIF”) with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval (“SEDAR”). In addition, Baytex has filed its Annual Report on Form 40-F for the year ended December 31, 2018, which includes the AIF, with the U.S. Securities and Exchange Commission on the [Read more]
Freehold Royalties Ltd. Announces 2018 Results and Unveils 2019 Guidance
CALGARY, Alberta, March 07, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced fourth quarter and year-end results for the period ended December 31, 2018. Results at a Glance Three Months Ended Twelve Months Ended December 31 December 31 FINANCIAL ($000s, except as noted) 2018 2017 Change 2018 2017 Change Royalty and other revenue 24,902 38,435 -35 % 145,236 151,894 -4 % Funds from [Read more]
PrairieSky Royalty Declares March Dividend
CALGARY, Alberta, March 07, 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 April 15, 2019 to shareholders of record on March 29, 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 [Read more]
Canadian Natural Resources Limited Announces Quarterly Dividend
CALGARY, Alberta, March 07, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375 (thirty-seven and one half cents) per common share. The dividend will be payable April 1, 2019 to shareholders of record at the close of business on March 22, 2019. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, [Read more]
Canadian Natural Resources Limited Announces 2018 Fourth Quarter and Year End Results
CALGARY, Alberta, March 07, 2019 (GLOBE NEWSWIRE) -- Commenting on the Company's 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "In 2018 we demonstrated the strength of our diverse and balanced asset base, and our ability to create value for Canadian Natural's shareholders throughout the commodity price cycle. Canadian Natural's continued focus on effective and efficient operations, ability to exercise capital flexibility and our mix of long life low decline assets [Read more]
Questerre executes agreement to acquire Quebec assets
CALGARY, Alberta, March 07, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has executed a definitive purchase and sale agreement with a senior exploration and production company (the “Agreement”) to acquire all their assets in Quebec. This follows the letter of intent signed in early 2018 as set out in the Company’s press release dated June 4, 2018. Pursuant to the Agreement, Questerre will acquire the exploration [Read more]
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