BOE Report

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]

Delphi Energy Announces Extension of Credit Facility and Increase in Borrowing Base

CALGARY, Alberta, May 31, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that it has extended its senior secured credit facility with a syndicate of lenders, led by Alberta Treasury Branches and including The Bank of Nova Scotia and Bank of Montreal, and that the borrowing base of the facility has been increased to $105 million from $95 million. Subject to the lenders’ semi-annual review, the facility is available on a revolving basis until May [Read more]

Canadian Spirit Resources Inc. Announces First Quarter 2018 Financial Results

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2018. This news release summarizes information contained in the unaudited interim condensed financials statements and MD&A for the three month period ended March 31, 2018 and should not be considered a [Read more]

Zargon Oil & Gas Ltd. Report on Voting From the 2018 Shareholders Meeting

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- (TSX:ZAR) (TSX:ZAR.DB.A) Zargon Oil & Gas Ltd. ("Zargon") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 30, 2018 in Calgary, Alberta. 1.         Election of Directors By resolution passed via ballot, the following six nominees were appointed as directors of Zargon to serve until the next annual meeting of shareholders of Zargon, or until their successors are elected [Read more]

Relentless Announces Filing of First Quarter 2018 Financial and Operating Results

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- Relentless Resources Ltd. (TSX-V:RRL) (“Relentless”) announces that it has issued and filed on SEDAR its March 31, 2018 condensed interim financial statements and related management’s discussion and analysis. Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company's website at www.relentless-resources.com. Corporate update In the first quarter of 2018, Relentless announced a recapitalization financing [Read more]