CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX: CKE) announces that we have initiated a formal process to identify, examine and consider a range of strategic alternatives available to us with a view to enhancing shareholder value. We are also announcing our operating and financial results for the three months ended September 30, 2019 (“Q319”). Our unaudited condensed consolidated financial statements and management’s discussion and analysis … [Read more...]
PrairieSky Royalty Declares November Dividend
CALGARY, Alberta, Nov. 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 December 16, 2019 to shareholders of record on November 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 … [Read more...]
InPlay Oil Corp. Announces Third Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2019 will be available at “www.sedar.com” and our website at … [Read more...]
Canadian Natural Resources Limited Announces Quarterly Dividend
CALGARY, Alberta , Nov. 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 January 1, 2020 to shareholders of record at the close of business on December 11, 2019. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western … [Read more...]
Canadian Natural Resources Limited Announces 2019 Third Quarter Results
CALGARY, Alberta , Nov. 07, 2019 (GLOBE NEWSWIRE) -- Commenting on the Company's third quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's third quarter results are an excellent example of how the Company's effective and efficient operations can drive value creation for our shareholders as a result of execution excellence and economies of scale. We achieved record quarterly adjusted funds flow of approximately $2.9 billion as operating costs … [Read more...]
International Petroleum Corporation Announces Approval for Share Repurchase Program
TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it will commence the previously announced share repurchase program, following receipt of approval from the Toronto Stock Exchange (the “TSX”) of IPC's notice of intention to make a normal course issuer bid. Pursuant to the share repurchase program, IPC is authorized to repurchase through the facilities of the TSX, Nasdaq Stockholm … [Read more...]
Lundin Family Trusts Restructure Holdings in International Petroleum Corporation
TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) announces that Lorito Holdings S.à.r.l. ("Lorito") and Zebra Holdings and Investments S.à.r.l ("Zebra"), both private corporations owned by a trust whose settlor was the late Adolf H. Lundin, have restructured their holdings in IPC. Lorito has transferred 3,022,017 common shares of IPC and Zebra has transferred 3,192,541 common shares of IPC to Nemesia S.à.r.l. ("Nemesia"), also … [Read more...]
Pengrowth Recorded Positive Adjusted Funds Flow in the Third Quarter of 2019 of $10.7 million Despite Lower Commodity Prices and Restructuring Costs
CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth” or the "Company") (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and nine months ended September 30, 2019. Unless otherwise indicated, financial figures are expressed in Canadian dollars. "Negotiations with our lenders on an amendment and extension of our notes and credit facility as discussed in our September 30th press release broke down in October," said Pete Sametz, President and … [Read more...]
Granite Oil Corp. Reports Third Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three and nine months ended September 30, 2019. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended September 30 Nine Months Ended September 30 2019 2018 2019 2018 (000’s, except per share amounts) ($) ($) ($) ($) FINANCIAL Oil and natural … [Read more...]
Delphi Energy Corp. Reports Third Quarter 2019 Results
CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended September 30, 2019. THIRD QUARTER 2019 HIGHLIGHTS Average production in the quarter of 8,386 barrels of oil equivalent per day (“boe/d”) was down twelve percent from the 9,514 boe/d in the comparative quarter of 2018. During the third quarter of 2019, the liquids yield averaged 117 barrels per million cubic … [Read more...]
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