CALGARY, ALBERTA--(Marketwired - Nov. 22, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) intends to complete a non-brokered private placement (the "Private Placement") of up to of 5,125,000 common shares of the Corporation for total gross proceeds of $2,245,000. Of the total number of common shares to be issued by the Corporation (i) up to 1,875,000 common shares will be issued at $0.40 per share ("Common Shares"); and (ii) up to 3,250,000 common shares will be issued on a [Read more]
PetroShale Announces Financial and Operating Results for Third Quarter 2016
CALGARY, ALBERTA--(Marketwired - Nov. 21, 2016) - PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce its financial and operating results for the third quarter ended September 30, 2016. The Company's unaudited consolidated financial statements and corresponding Management's Discussion and Analysis (MD&A) for the three and nine month periods ended September 30, 2016 are available on SEDAR at www.sedar.com, on the OTCQX website at [Read more]
Veresen Announces Common Share Dividend for November 2016 and Quarterly Dividend on its Preferred Shares
CALGARY, ALBERTA--(Marketwired - Nov. 21, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for November 2016 of $0.0833 per common share. The dividend will be paid on December 23, 2016 to shareholders of record at the close of business on November 30, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. Preferred Shares Series A, Series C and Series E Veresen's Board of Directors [Read more]
TransCanada Closes $1 Billion Preferred Share Issuance
CALGARY, ALBERTA--(Marketwired - Nov. 21, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has completed its public offering of cumulative redeemable minimum rate reset first preferred shares, series 15 (the "Series 15 Preferred Shares"). TransCanada issued 40 million Series 15 Preferred Shares for aggregate gross proceeds of $1.0 billion through a syndicate of underwriters co-led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, [Read more]
Point Loma Resources Announces Well Test Results and Tie-in Plans for Additional Production
CALGARY, AB--(Marketwired - November 21, 2016) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce that it has conducted an extended flow test of the 5-31-55-6W5 Nordegg oil well and has received an approved license to tie-in the well and commence production. Highlights: Pipeline application to tie-in the 5-31-55-6W5M Nordegg well has been approved. Point Loma intends to commence construction on the pipeline immediately and is [Read more]
Sunshine Oilsands Ltd.: Inside Information
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Nov. 20, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) hereby announces the following: Further Update regarding the Private Placement of the remaining Common Shares by Bright Hope under General Mandate Reference is made to the announcements of the Corporation dated March 16, 2016, April 28, 2016, May 16, 2016, June 22, 2016, July 4, 2016,September 1, 2016, October 24, [Read more]
Blackbird Announces Successful 02/2-20 D&C Program Using Stage System, Planned Closing of Stage Acquisition, D&C Cost Reduction, Initiation of Accelerated Business Plan and Timing of Production
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2016) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to provide an update regarding the Company's successful 102/2-20-70-7W6 ("02/2-20") Upper Montney drilling program; Blackbird's high tonnage 02/2-20 completion program, which utilized the innovative and patented Stage Completions Inc. ("Stage") Bowhead II fracturing system (the "Stage System"); the planned closing of Blackbird's acquisition of a 10% indirect [Read more]
Spartan Energy Corp. Announces Strategic Light Oil Asset Acquisition in Southeast Saskatchewan and $505 Million Equity Financings
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX: SPE) is pleased to announce that it has entered into an agreement with ARC Resources Ltd. to acquire strategic assets in southeast Saskatchewan (the "Assets") for cash consideration of $700 million, subject to customary adjustments (the "Acquisition"). The Assets include high quality, low decline, operated production and a large land base which is highly complementary to Spartan's existing [Read more]
Pan Orient Energy Corp.: 2016 Third Quarter Financial & Operating Results
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) reports 2016 third quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Company is today filing its unaudited consolidated financial statements as at and for the nine months ended September 30, 2016 and related management's discussion and analysis [Read more]
Manitok Energy Inc. Announces an Offering of Flow-Through Shares and Common Shares
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announced today that in light of the availability of flow though capital from certain existing shareholders it has decided to initiate a public equity offering to improve its liquidity position. Manitok has filed a draft prospectus supplement dated November 17, 2016 (the "Preliminary Prospectus Supplement") in connection with a best efforts offering (the "Offering") of (a) [Read more]
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