BOE Report

Occidental Petroleum Announces Dividend

HOUSTON, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.78 per share on common stock payable on January 15, 2019, to stockholders of record as of December 10, 2018. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.12 per share. About Occidental Petroleum Occidental Petroleum [Read more]

Husky Energy Comments on MEG Directors’ Circular

No New Value Arguments in MEG Directors’ Circular Husky Reaffirms Commitment to Complete its Highly Compelling Offer Encourages MEG Shareholders to Act and Tender Shares CALGARY, Alberta, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Husky Energy Inc. (TSX:HSE) (“Husky” or the “Company”) has reviewed the directors’ circular filed by MEG Energy Corp. (TSX:MEG) (“MEG”) in connection with Husky’s Offer to acquire MEG. “We continue to believe the proposed combination of Husky and MEG is a unique opportunity [Read more]

Bellatrix Announces Third Quarter 2018 Conference Call and Webcast Details

CALGARY, Alberta, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) plans to release its third quarter 2018 operational and financial results after markets close on November 1, 2018. Additionally, Bellatrix will host a conference call to discuss the third quarter results on November 1, 2018 at 3:30 pm MT / 5:30 pm ET. To participate, please call toll-free 1-800-319-4610, or 403-351-0324, or 416-915-3239. The call can also be heard live [Read more]

Pulse Oil Announces Terms of $11.0 Million Equity Offering to Fund Bigoray EOR Light Oil Project and Mannville Horizontal Drill Program

CALGARY, Alberta, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (TSX-V:PUL and PUL.WT) (the “Company” or “Pulse”) is pleased to announce the price and terms of its marketed public offering previously announced on October 15, 2018 (the “Offering”). The Offering will be conducted on an agency basis for the issuance of up to: (i) 14,285,700 units of the Company (“Units”) at a price of $0.21 per Unit; and (ii) 11,363,600 common shares of the Company (“Common Shares”), issued on a “flow-through” [Read more]

Pulse Oil Announces Public Equity Offering and Concurrent Strategic Private Placement to Fund Bigoray Enhanced Oil Recovery and Multi-well Drill Program

CALGARY, Alberta, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (TSX-V:PUL and PUL.WT) (the “Company” or “Pulse”) is pleased to announce that it intends to complete a private placement (the “Strategic Investment”) with certain strategic investors, whereby the Company will issue an aggregate of such number of units (the “Private Placement Units”) of the Company for expected gross proceeds of $5,500,000. Each Private Placement Unit will consist of one Common Share and one-half of one Common [Read more]

Gibson Energy Announces One Million Barrel Expansion at Hardisty Terminal

All financial figures are in Canadian dollars unless noted otherwise CALGARY, Alberta, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today the sanction of one million barrels of new tankage at the Hardisty Terminal, underpinned by a long-term agreement with an investment grade, senior oil sands customer. “With nearly a half-billion dollars of sanctioned growth capital relative to an annual target of $150 to $200 million, Gibson has [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for Fourth Quarter 2018

CALGARY, Alberta, Oct. 15, 2018 (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 DateEx-Dividend DatePayment Date$0.06October 31, 2018October 30, 2018November 15, 2018$0.06November 30, 2018November 29, 2018December 14, 2018 (*)$0.06December 31, 2018December 28, 2018January 15, 2019 (*) [Read more]

Jones Energy, Inc. Declares Contingent Convertible Preferred Stock Dividend

AUSTIN, Texas, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) today announced that its Board of Directors has declared a contingent quarterly dividend per share equal to 8.0% on an annualized basis based on the liquidation preference of $50.00 per share, or $1.00 per share, on the Company’s 8.0% Series A Perpetual Convertible Preferred Stock (the “Preferred Stock”).  If paid, the dividend will be paid in the Company’s Class A common stock. [Read more]

The Government of Canada needs to pause and review its plans for Bill C-69 in order to get it right for Canadians

CALGARY, Alberta, Oct. 15, 2018 (GLOBE NEWSWIRE) -- The Canadian Association of Petroleum Producers (CAPP) is asking the federal government to pause and review its plans for Bill C-69 and further consider the long-term impacts to the country and Canadians. By working collaboratively with the oil and natural gas industry and other stakeholders, the government can make the Bill what Canada needs it to be – a framework for an efficient process that maintains high environmental standards and in [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for October

CALGARY, Alberta, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) confirms that a dividend of $0.035 per common share will be paid on November 15, 2018 to shareholders of record on October 31, 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]