CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to provide an operational update on successful drilling and completion results realized to date in 2018 from wells in its Princess and Wheatland (Wayne) core focus areas. Princess Update Prairie Provident is pleased to announce the drilling, completion and testing of two 100% working interest (“WI”) wells in the Princess area of Southern [Read more]
Peyto Exploration & Development Corp. Corrects Ex-Dividend Date for the April 13, 2018 Dividend Payment
CALGARY, Alberta, March 19, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY) announces a correction to the ex-dividend date for the March dividend payment, payable on April 13, 2018. The ex-dividend date will be March 28, 2018, rather than the previously announced ex-dividend date of March 29, 2018, due to the statutory holiday on March 30, 2018. The record date is March 31, 2018. Peyto previously confirmed a dividend of $0.06 per share designed as an [Read more]
Point Loma Resources Announces 2017 Year-End Reserves and Year-End Reserve Evaluation of Recent Transaction
CALGARY, Alberta, March 19, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX VENTURE:PLX) (the "Corporation" or “Point Loma”) is pleased to report the results of its 2017 year-end reserves as evaluated by McDaniel and Associates Ltd. (“McDaniel”) and provide an update regarding its recently announced acquisition. Highlights: Total proved plus probable (“2P”) reserves of 4,452 mboe and proved (“1P”) reserves of 3,500 mboe for the Corporation, an increase of 119 percent and 128 [Read more]
TransCanada Expects No Material Financial Impact From Proposed Tax Actions by the Federal Energy Regulatory Commission
HOUSTON, March 19, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) released the following statement regarding the Federal Energy Regulatory Commission’s (FERC) recent pronouncements on income tax matters with respect to pipeline ratemaking: On March 15, 2018, FERC issued a Notice of Proposed Rulemaking (NOPR) and revised policy statement to address the treatment of income taxes for ratemaking purposes. There are two separate avenues for these [Read more]
Gibson Energy Announces Sale of U.S. Energy Services Businesses for $125 Million
CALGARY, Alberta, March 19, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX:GEI), announced today it has entered into two separate definitive agreements for the divestiture of its U.S. energy services businesses, including U.S. Environmental Services and its U.S. seismic assets, for approximately US$96 million prior to closing adjustments or approximately $125 million at current exchange rates. “We are very pleased to announce the sales of our U.S. Environmental [Read more]
Toscana Energy Announces Fiscal Year 2017 Financial Results
CALGARY, Alberta, March 16, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX:TEI) announces financial and operating results for the year ended December 31, 2017. Financial and operating results: The following summarizes information contained in the Consolidated Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2017. This news release should not be considered a substitute for reading the full [Read more]
Zargon Oil & Gas Ltd. Provides 2017 Fourth Quarter and Full Year Financial Results
CALGARY, Alberta, March 15, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A) has released its 2017 fourth quarter and full year financial results. Previously, Zargon provided 2017 year end reserves, production updates and 2018 H1 production/capital guidance in our February 12, 2018 and November 13, 2017 press releases. Highlights from the fourth quarter and year ended Dec. 31, 2017 are provided below: HIGHLIGHTS FROM THE [Read more]
Cardinal Energy Ltd. Confirms Monthly Dividend for March
CALGARY, Alberta, March 15, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on April 16, 2018 to shareholders of record on March 29, 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]
Peyto Exploration & Development Corp. Confirms Dividends for April 13, 2018
CALGARY, Alberta, March 15, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") confirms that the monthly dividend with respect to March 2018 of $0.06 per common share is to be paid on April 13, 2018, for shareholders of record on March 31, 2018. The ex-dividend date is March 29, 2018. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the [Read more]
Crescent Point Energy Confirms March 2018 Dividend
CALGARY, Alberta, March 15, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on April 16, 2018, in respect of March 2018 production, for shareholders of record on March 31, 2018, will be CDN$0.03 per share. These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s dividends are considered “qualified dividends.” [Read more]
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