CALGARY, Alberta, Jan. 15, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) and (NYSE:CPG) confirms that the dividend to be paid on February 15, 2018, in respect of January 2018 production, for shareholders of record on January 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 [Read more]
Freehold Royalties Ltd. Declares Dividend for January 2018
CALGARY, Alberta, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.05 per common share to be paid on February 15, 2018 to shareholders of record on January 31, 2018. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests [Read more]
Spartan Energy Corp. Announces 2018 Corporate Budget and Guidance
CALGARY, ALBERTA--(Marketwired - Jan. 11, 2018) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that its Board of Directors has approved a development capital budget of $183 million for 2018. This capital budget reflects Spartan's continuing commitment to our business plan of delivering attractive, sustainable per share production growth through our drilling program, while managing our declines and generating excess funds flow to be deployed in projects that [Read more]
AltaGas Ltd. Announces Monthly Dividend
CALGARY, ALBERTA--(Marketwired - Jan. 10, 2018) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that the January dividend will be paid on February 15, 2018, to common shareholders of record on January 25, 2018. The ex-dividend date is January 24, 2018. The amount of the dividend will be $0.1825 for each common share. This dividend is an eligible dividend for Canadian income tax purposes. As previously announced, AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional [Read more]
Crescent Point Announces 2018 Budget and Significant Increase to Uinta Inventory
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) is pleased to announce its budget for 2018. KEY HIGHLIGHTS Achieved 2017 exit rate of 183,000 boe/d and expects 2018 year-over-year exit growth of approximately seven percent. 2018 capital budget focused on returns, with over 75 percent of net wells drilled expected to payout in two years or less. Increased total corporate productive capacity by [Read more]
Tellurian Announces Exercise of Over-Allotment Option
HOUSTON, TX--(Marketwired - January 09, 2018) - Tellurian Inc. (Tellurian or the Company) (NASDAQ: TELL) today announced that the underwriters of its previously announced public offering of 10,000,000 shares of the Company's common stock have purchased an additional 1,500,000 shares of the Company's common stock pursuant to their over-allotment option. The price to the public in the offering was $10.00 per share. The net proceeds from the exercise of the over-allotment option were approximately [Read more]
Inter Pipeline Announces January 2018 Cash Dividend
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for January 2018. This dividend will be paid on or about February 15, 2018 to shareholders of record on January 22, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $4.4 billion in cash payments to investors. Inter [Read more]
Suncor Energy closes 2017 with strong performance
CALGARY, ALBERTA--(Marketwired - Jan. 3, 2018) - Suncor today provided a business update for the fourth quarter of 2017, highlighting upstream production of 736,000 barrels of oil equivalent per day (boe/d), which is in line with record production from the third quarter of 2017. Oil sands operations produced approximately 447,000 barrels per day (bbls/d) including 6,000 bbls/d from Fort Hills. Syncrude produced 325,000 bbls/d for the quarter, 174,000 bbls/d net to Suncor. Production from other [Read more]
Suncor Energy appoints new member to Board of Directors
CALGARY, ALBERTA--(Marketwired - Jan. 2, 2018) - Michael Wilson, chair of the board of directors of Suncor is pleased to announce the appointment of Dennis Houston to the company's board. Mr. Houston's appointment is effective Jan. 1, 2018. "It's a pleasure to welcome Dennis Houston to the Suncor board of directors," said Mr. Wilson. "He joins us, having extensive experience in the downstream sector of the oil and gas industry, including refinery optimization, crude oil trading and pipeline [Read more]
Pan Orient Energy Corp.: L53AC-C1 Drilling Update
CALGARY, ALBERTA--(Marketwired - Dec. 29, 2017) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is providing an operations update. Thailand Onshore Concession L53 (Pan Orient 50% & Operator) The L53AC-C1 deviated exploration well was drilled to a depth of 1,453 meters true vertical depth (1,789 meters measured depth) and encountered two zones of interest based on oil shows observed while drilling and open hole wireline logs. Upon further [Read more]
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