BOE Report

Bellatrix Provides an Operational Update and Announces Renewal and Extension of Its Revolving Credit Facilities

CALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix", "our" or the "Company") (TSX:BXE) (NYSE:BXE) provides an operational update and announces the renewal and extension of its revolving credit facilities. Bellatrix completed its first half 2018 development drilling program in February, bringing 5 gross (5.0 net) operated Spirit River wells on-stream during the first quarter.  These wells continue to outperform expected results by approximately 35% on an [Read more]

Questerre updates litigation for Quebec assets; announces spud of Kakwa North well

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONSCALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported on the status of legal proceedings related to its assets in Quebec. Pursuant to a Letter of Intent with a senior exploration and production company to acquire their Quebec assets (the “LOI”), as reported on [Read more]

Questerre settles lawsuit and consolidates Quebec position

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 04, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported that it has executed a Letter of Intent with a senior exploration and production company (the “LOI”) to settle outstanding litigation and acquire all their assets in the St. Lawrence Lowlands, Quebec (the [Read more]

Pine Cliff Energy Ltd. Provides Credit Facility Update

CALGARY, Alberta, June 01, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) announces that it has entered into an agreement with the Company’s syndicate of Canadian Financial Institutions (the “Lenders”) to extend the borrowing base redetermination date of the Company’s $45.0 million syndicated credit facility (the “Credit Facility”) to July 15, 2018. Until that date, Pine Cliff and the Lenders have agreed that amounts permitted under the Credit [Read more]

Pengrowth Confirms Delisting Notification from NYSE and Announces Plan to Trade on OTCQX

CALGARY, Alberta, June 01, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today confirms that it has received a delisting notification from the New York Stock Exchange (NYSE). The Company received notice on December 1, 2017 that its share price had fallen below the NYSE’s continued listing standard for average closing price of less than U.S. $1.00 over a consecutive 30 trading-day period. Given that the share price on the NYSE has not recovered sufficiently to [Read more]

Range Declares Quarterly Dividend

FORT WORTH, Texas, June 01, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter.  A dividend of $0.02 per common share is payable on June 29, 2018 to stockholders of record at the close of business on June 15, 2018.  RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for May 2018 Payable June 29, 2018

CALGARY, Alberta, June 01, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) announces that the May 2018 monthly cash dividend will be $0.10 per share and will be paid on June 29, 2018.  The record date for the dividend is June 15, 2018 and the ex-dividend date is June 14, 2018.  The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

TransGlobe Energy Corporation Announces Intention to List on AIM

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.  THE DISTRIBUTION OF THIS ANNOUNCEMENT IN OTHER JURISDICTIONS INCLUDING (WITHOUT LIMITATION) JAPAN, AUSTRALIA, OR THE REPUBLIC OF SOUTH AFRICA (OR TO ANY RESIDENT THEREOF) MAY BE RESTRICTED BY LAW AND THEREFORE PERSONS INTO [Read more]

Altura Energy Inc. Closes the Sale of its East Central Alberta and Saskatchewan Assets for Gross Proceeds of $28.4 Million

CALGARY, Alberta, May 31, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV:ATU) is pleased to announce the closing of its previously announced sale of east central Alberta and Saskatchewan assets (the "Transaction").  After closing adjustments, net cash consideration received by Altura under the Transaction totaled approximately $27.9 million.  With the closing of the Transaction, Altura has the financial resources to aggressively develop its Leduc-Woodbend [Read more]

InPlay Oil Corp. Announces a 25% Increase in Its Credit Facility to $75 Million

CALGARY, Alberta, May 31, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) ("InPlay" or the "Corporation") is pleased to announce that its credit facility has been increased 25% to $75 million following the completion of its annual borrowing base review. This increase reflects the Company’s expanding reserve base and increasing underlying reserve value. It also complements the Company’s already solid financial position providing additional financial flexibility to expand [Read more]