CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on March 15, 2018 to shareholders of record on February 28, 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]
Jones Energy Prices Offering of $450 Million of 9.25% Senior Secured First Lien Notes
AUSTIN, Texas, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Jones Energy Holdings, LLC (“JEH”) and Jones Energy Finance Corp. (“JEFC” and, together with JEH, the “Issuers”), both subsidiaries of Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or the “Company”), announced today that they have priced an offering of $450 million in aggregate principal amount of 9.25% senior secured first lien notes due 2023 (the “First Lien Notes”) at an offering price equal to 97.526% of par. The First Lien Notes will be [Read more]
Apache Declares Cash Dividend on Common Shares
HOUSTON, Feb. 12, 2018 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE:APA) (Nasdaq:APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable May 22, 2018, to stockholders of record on April 23, 2018, at a rate of 25 cents per share. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache posts [Read more]
Silver Run Acquisition Corporation II Completes its Business Combination with Alta Mesa Holdings, LP and Kingfisher Midstream, LLC and Becomes Alta Mesa Resources, Inc.
HOUSTON, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Silver Run Acquisition Corporation II (“Silver Run II”) (NASDAQ:SRUN) (NASDAQ:SRUNU) (NASDAQ:SRUNW) today announced that it completed its business combination with Alta Mesa Holdings, LP (“Alta Mesa”) and Kingfisher Midstream, LLC (“Kingfisher”). Alta Mesa is an independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas reserves in the Anadarko Basin. Kingfisher is a company engaged [Read more]
Cenovus to hold conference call and webcast on fourth quarter and year-end 2017 results
CALGARY, Alberta, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its fourth quarter and year-end 2017 results on Thursday, February 15, 2018. The news release will provide consolidated fourth quarter and year-end 2017 operating and financial information. Financial statements will be available on the company’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). [Read more]
Saturn Oil + Gas Inc. Provides Operational Update to Winter Drill Program
SASKATOON, Saskatchewan, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Saturn Oil + Gas Inc. (“Saturn” or the “Company”) (TSX.V:SMI) (FSE:SMK) would like to provide an update on the Company's recent land acquisition and Q1/2018 drill program. Saturn has closed its land acquisition with Whitecap Resources Inc. The Company has acquired one section of land with rights from base Colorado to base Mannville. The acquired section is adjacent to Saturn’s existing land holdings and the Company has licensed its [Read more]
Crew Energy Announces 2018 Capital Budget and Strong 2017 Reserves Growth
CALGARY, Alberta, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) of Calgary, Alberta (“Crew” or the “Company”) is pleased to provide highlights from our independent corporate reserves evaluation prepared by Sproule Associates Ltd. (“Sproule”) with an effective date of December 31, 2017 (the “Sproule Report”) along with the Company’s 2018 capital expenditure budget, approved by Crew’s Board of Directors. 2018 BUDGET HIGHLIGHTS Fully Funded $80 to $85 Million Capital Budget: [Read more]
Eagle Energy Inc. Announces Sale of its Salt Flat Field in Texas and Reduction of Debt
CALGARY, Alberta, Feb. 08, 2018 (GLOBE NEWSWIRE) -- (TSX:EGL): Eagle Energy Inc. (“Eagle”) is pleased to announce that it has sold its oil and gas interests in the Salt Flat field (the “Salt Flat Field”) located in Caldwell County, Texas for approximately $CA 33.3 million cash, subject to customary post-closing adjustments. The transaction is being simultaneously announced and closed with a private, unaffiliated U.S. company. Eagle will use the net proceeds from the sale of the Salt Flat [Read more]
Range Announces Conference Call to Discuss Fourth Quarter 2017 Financial Results
FORT WORTH, Texas, Feb. 08, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) announced today that its fourth quarter 2017 financial results news release will be issued Tuesday, February 27 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, February 28 at 9:00 a.m. ET (8:00 a.m. CT). To participate in the call, please dial 866-900-7525 and provide conference code 7649028 about 10 minutes prior [Read more]
Sanchez Midstream Partners Declares Distribution on Common Units; Announces Distribution on Class B Preferred Units
HOUSTON, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Sanchez Midstream Partners LP (NYSE American:SNMP) (“SNMP” or the “Partnership”) announced today that the board of directors of its general partner has declared a quarterly cash distribution on its common units of $0.4508 per unit ($1.8032 per unit annualized). The board of directors of the general partner has also declared a cash distribution to the holders of its Class B preferred units equal to $0.28225 per Class B preferred unit. The [Read more]
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