CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX & AIM: “TGL” & NASDAQ: “TGA”) announces that, as part of the Company's ongoing succession planning, Ross Clarkson will retire as the Company’s CEO effective December 31, 2018. Randall (Randy) Neely, TransGlobe’s current President, will assume the role of President and Chief Executive Officer. Mr. Clarkson will remain with the Company as a Non-executive Director [Read more]
Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2018
CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") confirms that the monthly dividend with respect to September 2018 of $0.06 per common share is to be paid on October 15, 2018, for shareholders of record on September 30, 2018. The ex-dividend date is September 27, 2018. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]
Saturn Oil & Gas Announces USD $20 Million Senior Secured Note Facility with Prudential Capital Group
SASKATOON, Saskatchewan, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) is pleased to announce that it has entered into a USD $20 million senior secured revolving note facility (the "Notes") with Prudential Capital Energy Partners, the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. Under the terms of the Notes, Saturn has elected and qualified for an initial issuance of Notes equal to [Read more]
Razor Energy Corp. Provides Update on Current NCIB and Announces TSXV Approval for a New Normal Course Issuer Bid
CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to provide an update on the current normal course issuer bid (the “Current NCIB”) and announces the TSX Venture Exchange (the “TSXV”) has accepted Razor’s notice of intention to commence a new normal course issuer bid (the “New NCIB”) on September 14, 2018. The Current NCIB commenced on September 14, 2017 and concluded on September 13, 2018. Under the [Read more]
Canadian Natural Resources Limited Announces Completion of the Offer to Acquire Laricina Energy Ltd
CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that its offer (the “Offer”) to acquire all of the issued and outstanding common shares (the “Laricina Shares”) in the capital of Laricina Energy Ltd. (“Laricina”), as previously described in the Laricina press release dated July 26, 2018, has been accepted by holders of Laricina Shares representing 98.7% of the issued and outstanding Laricina Shares on a fully [Read more]
Blackbird Energy Inc. Announces Non-Brokered Private Placement of Flow-Through Common Shares for Gross Proceeds of $12.4 Million
CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 32.5 million common shares of the Company for aggregate gross proceeds of $12.4 million, of which: 20.0 million common shares will be issued on a “flow-through” basis in respect of Canadian Development Expenses (“CDE”) at a price of $0.37 per share for gross proceeds of $7.4 million; and 12.5 [Read more]
Prairie Provident Resources Inc. Announces Strategic Acquisition of Marquee Energy Ltd. to Unlock Significant Undeveloped Light Oil Growth Potential; Concurrent Flow-Through and Unit Financing
CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX: PPR) and Marquee Energy Ltd. ("Marquee") (TSX-V: MQX) are pleased to announce that they have entered into an agreement to effect the acquisition of Marquee (the “Acquisition”) by way of a plan of arrangement (the "Arrangement"). Under the terms of the Arrangement, Marquee shareholders will receive 0.0886 of a Prairie Provident common share ("Prairie Provident Share") [Read more]
Cardinal Energy Ltd. Confirms Monthly Dividend for September
CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) confirms that a dividend of $0.035 per common share will be paid on October 15, 2018 to shareholders of record on September 28, 2018. 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 built to provide [Read more]
Apache Declares Cash Dividend on Common Shares
HOUSTON, Sept. 13, 2018 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable November 21, 2018, to stockholders of record on October 22, 2018, at a rate of 25 cents per share on the corporation’s common stock. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the [Read more]
Clearview Provides Update
Initial production ten-day average (“IP10”) of 500 barrels of oil per day from recently drilled Wilson Creek 15-20 Cardium horizontal well. Windfall 1-3 Bluesky horizontal well spud September 8th, 2018. Closed first tranche of private placement of common share equity. CALGARY, Alberta, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Clearview Resources Ltd. (“Clearview” or the “Company”) is pleased to provide the following operations and corporate update. Wilson Creek Clearview’s previously announced [Read more]
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