CALGARY, Alberta, July 19, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural”), as operator of the Jackpine and Muskeg River mines at the Athabasca Oil Sands Project (“AOSP”), is pleased to announce that the AOSP has achieved a mined production milestone of 1 billion barrels since operations began in 2003. Canadian Natural's President Tim McKay stated, “This is a significant milestone and demonstrates the size and scale of Canada's oil sands mining operations. The [Read more]
Laredo Petroleum Schedules Second-Quarter 2018 Earnings Conference Call for August 2 and Provides Commodity Derivatives Update
TULSA, OK., July 18, 2018 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will host a conference call on Thursday, August 2, 2018 to discuss its second-quarter 2018 financial and operating results. The Company also announces preliminary results for its commodity derivatives for second-quarter 2018 and its basic and diluted weighted-average shares outstanding. Second-Quarter 2018 Earnings Conference Call Laredo plans to release second-quarter 2018 earnings on [Read more]
Toscana Energy Announces Director Appointment
CALGARY, Alberta, July 18, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana") (TSX:TEI) today announces that Mr. Stanley Smith has been appointed to the Board of Directors effective July 18, 2018 and has also been appointed as Chair of the Audit Committee of Toscana. Mr. Smith is a designated accountant with over 39 years of public accountant experience. Mr. Smith’s focus of practice was public company auditing and advising, primarily in the oil and gas exploration, [Read more]
Saturn Oil & Gas Inc. Closes $4.04 Million Private Placement Co-Led by Canaccord Genuity and Gravitas Securities
SASKATOON, Saskatchewan, July 18, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V:SMI) (FSE:SMK) is pleased to announce that it has completed the previously announced (see news release dated June 13, 2018) brokered private placement of flow-through common shares (the "Flow-Through Shares") and both brokered and non- brokered non-flow-through units (the "Units"). The private placement, inclusive of prior non-brokered tranches, consisted in the aggregate of [Read more]
Delphi Energy Corp. Provides Operations Update and Second Half 2018 Outlook
CALGARY, Alberta, July 18, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to provide an update on operations and guidance for the second half of 2018. Delphi is among the most liquid-rich gas producers in the Montney, with field condensate and natural gas liquids (“NGLs”) comprising approximately 42 percent of production from its Bigstone Montney property on a barrel of oil equivalent (“boe”) basis. Delphi is currently generating approximately 70 percent of [Read more]
LINN Energy to Host Investor Conference Call Relating to Roan Resources
HOUSTON, July 17, 2018 (GLOBE NEWSWIRE) -- LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”) will host a conference call on Tuesday, July 31, 2018 at 10:00 a.m. (Central) to discuss the strategic and financial outlook of Roan Resources LLC (“Roan”) as it relates to LINN’s 50% equity interest in Roan. There will be prepared remarks by David B. Rottino, LINN’s Executive Vice President and Chief Financial Officer and President and Chief Executive Officer of Riviera Resources, and Roan’s [Read more]
Jones Energy, Inc. Declares Contingent Convertible Preferred Stock Dividend
AUSTIN, Texas, July 17, 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]
Cardinal Energy Ltd. Confirms Monthly Dividend for July
CALGARY, Alberta, July 16, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on August 15, 2018 to shareholders of record on July 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]
Saturn Oil & Gas Inc. Commences Viking and Success Horizontal Drill Program
SASKATOON, Saskatchewan, July 16, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V:SMI) (FSE:SMK) is pleased to announce that it has commenced drilling operations for its Q3/2018 horizontal drill program. Saturn’s Q3/2018 five (5) well program will consist of one (1) Success horizontal well in the Milton field, one (1) Viking extended reach horizontal well in the Kerrobert field, one (1) Viking extended reach horizontal well in the Prairiedale field, one (1) [Read more]
Saturn Oil & Gas Inc. Closes Second Tranche of Financing
SASKATOON, Saskatchewan, July 13, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V:SMI) (FSE:SMK) is pleased to announce that, subject to the approval of the TSX Venture Exchange, it has closed the second tranche of a non-brokered financing which, with the consent of Canaccord Genuity Corp., will form part of the $3,500,000 brokered offering (“the Offering”) announced on May 14, 2018 as amended by its subsequent announcement on June 13, 2018. The Company [Read more]
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