CALGARY, Alberta, Aug. 22, 2016 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation") (TSX:TEI) is pleased to announce the completion of the semi-annual review of its credit facilities. As a result of the review, the Corporation has agreed to certain amendments to its credit facilities which have been reduced from $48 million to $43 million with the next review scheduled to occur on October 1, 2016. The Corporation currently has $39.5 million drawn on [Read more]
Toscana Energy Announces Asset Disposition
CALGARY, Alberta, Aug. 17, 2016 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX:TEI) is pleased to announce that it has sold its non-operated oil and natural gas interests in northwestern Alberta (the "Assets") for total cash consideration of $12.5 million ($82,237 / flowing barrel) subject to customary closing adjustments. The disposition of the Assets has an effective date of July 1, 2016 and is expected to close on or about September 15, 2016. In the [Read more]
Quattro Increases Asset Divestiture Plan to $30 Million and is Granted Court Protection to Allow for Its Orderly Completion
CALGARY, Alberta, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company") announced today an increase in its divestiture plan to $30,000,000 including its previously announced asset sale of $24,250,000 and has filed a Notice of Intention to Make a Proposal (“Notice of Intention”) under the provisions of Part III of the Bankruptcy and Insolvency Act (the “BIA”). The notice was filed by the Company in order to allow it the necessary time to [Read more]
Carrizo Oil & Gas Announces Participation in Upcoming Conferences
HOUSTON, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) today announced that management is scheduled to present at the following upcoming conferences. A webcast of the presentations, if available, as well as the slide books used, can be accessed on the Carrizo website at http://www.carrizo.com under the “Investor Relations” section. Enercom The Oil & Gas ConferenceTuesday, August 16, 2016 at 12:00 PM CDTDenver, CO Heikkinen Energy ConferenceWednesday, August 24, [Read more]
QEP Resources Announces Participation in an Upcoming Investor Conference
DENVER, Aug. 09, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that members of the Company’s senior management will participate in the upcoming Enercom Oil & Gas Conference on Tuesday, August 16, 2016 at 4:45 p.m. ET (2:45 p.m. MT). A link to the webcast will be available at www.qepres.com. Attendees should log in to the webcast approximately 15 minutes prior to the presentation’s start time. About QEP Resources QEP Resources, Inc. [Read more]
Alta Mesa Announces Second Quarter 2016 Earnings Conference Call
HOUSTON, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Alta Mesa Holdings, LP announced today that it will report second quarter 2016 financial results on Thursday, August 11th, 2016. Alta Mesa invites you to listen to its conference call to discuss these results on that date at 2:00 p.m. Central time. If you wish to participate in this conference call, dial 888-347-8149 (toll free in US/Canada) or 412-902-4228 (no conference ID is required). A webcast of the call and any related materials will be [Read more]
Range Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.’s Senior Notes and Range’s Senior Subordinated Notes
FORT WORTH, Texas, Aug. 03, 2016 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION “Range” (NYSE:RRC) announced today that, in connection with the anticipated merger of Range and Memorial Resources Development Corp. (“Memorial”), Range has commenced offers to Eligible Holders (as defined below) (collectively, the “Eligible Holder Offers”) (1) to either (a) exchange any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial for up to $600 million aggregate principal amount of new [Read more]
VAALCO Energy Announces Retirement of Chief Executive Officer Steve Guidry
HOUSTON , Aug. 03, 2016 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY) today announced that Steve Guidry, the Company’s Chief Executive Officer, will retire from the Company and Board of Directors effective September 1, 2016. Steve joined VAALCO as Chief Executive Officer in October 2013 after having worked for 33 years at Marathon Oil Corporation in a number of senior executive capacities, his last position there being Vice President of Business Development. He was also appointed to [Read more]
Sanchez Energy Announces Appointment of Robert V. Nelson, III to Its Board of Directors
HOUSTON, Aug. 02, 2016 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), today announced that Robert V. Nelson, III was appointed to its Board of Directors (the “Board”), effective Aug. 2, 2016. The Board has determined that Mr. Nelson is independent under the rules of the New York Stock Exchange (“NYSE”) and, therefore, is qualified to serve on the Board’s Audit Committee, Nominating and Corporate Governance Committee and Compensation [Read more]
Quattro Signs Letter of Intent to Sell Oil And Natural Gas Properties in Western Canada for $24,250,000
CALGARY, Alberta, Aug. 02, 2016 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company") is pleased to announce the signing of a Letter of Intent for the sale of certain oil and gas production, facilities and lands in western Canada to an Alberta-based oil and gas exploration and production company (the “Sale”). The aggregate purchase price for the acquisition is $24,250,000 including cash payments totaling $8,000,000, the issuance of $4,000,000 class [Read more]
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