CALGARY, ALBERTA--(Marketwired - Oct. 28, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") announces that the first phase of the sale procedures ("Sale Procedures") under the Companies' Creditors Arrangement Act ("CCAA") in which non-binding indications of interest were received and considered has concluded and, accordingly, qualified bidders will move to the second phase of the sale procedures. The qualified bidders include the ad hoc committee ("Ad Hoc Committee") of holders [Read more]
NuVista Energy Ltd. Announces Closing of Equity Financing
CALGARY, ALBERTA--(Marketwired - Oct. 28, 2016) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has closed its previously announced public offering of 15,111,000 common shares (the "Common Shares") of which 1,971,000 Common Shares were issued pursuant to the full exercise of the over-allotment option granted to the underwriters, at a price of $6.85 per Common Share for aggregate gross proceeds of approximately $103.5 million. The syndicate of underwriters was co-led by [Read more]
Blackbird Energy Inc. Announces Closing of CEE Private Placement for Proceeds of $8.0 Million
CALGARY, ALBERTA--(Marketwired - Oct. 27, 2016) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement of 16,500,000 flow-through common shares (the "Shares") pursuant to the Income Tax Act (Canada) ("ITA") in respect of Canadian Exploration Expenses ("CEE") at a price of $0.485 per Share for proceeds of $8,002,500 (the "CEE Private Placement"). The proceeds from the CEE Private [Read more]
Canadian Spirit Resources Inc. Announces Review of Strategic Alternatives
CALGARY, ALBERTA--(Marketwired - Oct. 27, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) has initiated a process to review strategic alternatives with a view to maximizing the value of the Company's Montney resource base at Farrell Creek and Altares. This may include, among other alternatives, the addition of capital to further develop the potential of the assets, the sale of the Company or a portion of the Company's assets, a merger, farm-in [Read more]
Midcoast Energy Partners, L.P. Declares Distribution for Third Quarter 2016
HOUSTON, TX--(Marketwired - Oct 27, 2016) - Midcoast Energy Partners, L.P. (NYSE: MEP) ("Midcoast Partners" or "the Partnership") announced today that the board of directors of its general partner has declared a quarterly cash distribution of $0.3575 per unit, or $1.43 per unit on an annualized basis on all of its outstanding common and subordinated units for the quarter ended September 30, 2016. The approved distribution remains unchanged from the previous quarter. The distribution is payable [Read more]
Encana to hold third quarter results conference call on Thursday, November 3, 2016
CALGARY, AB--(Marketwired - October 27, 2016) - (TSX: ECA) (NYSE: ECA)Encana Corporation will announce its 2016 third quarter results on Thursday, November 3, 2016. Prior to the third quarter conference call, the news release and financial statements will be available on the company's website.The conference call and webcast to discuss the 2016 third quarter results will be held for the investment community the same day at 7 a.m. MT (9 a.m. ET). To participate, please dial (866) 223-7781 [Read more]
Manitok Energy Inc. Announces Closing of Offering of Units Consisting of Collateralized Exchange Listed Notes(TM) and Warrants
CALGARY, ALBERTA--(Marketwired - Oct. 27, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has closed its previously announced marketed underwritten offering of 212,071 units of Manitok ("Units") for total aggregate gross proceeds of $21.2 million (the "Offering"). Each Unit will consist of a $100 principal amount senior secured note due 2021 with an interest rate of 10.5% per annum ("Collateralized Exchange Listed Notes" or "CEL [Read more]
Husky Energy Announces Fourth Quarter Preferred Shares Dividend Payments
CALGARY, AB--(Marketwired - October 27, 2016) - Husky Energy's regular dividend payments on each of the Cumulative Redeemable Preferred Shares -- Series 1, Series 2, Series 3, Series 5 and Series 7 -- will be paid for the three month period ended December 31, 2016. The dividends will be payable on January 3, 2017 to holders of record at the close of business on November 28, 2016. Share Series Dividend Type Rate (%) Dividend Paid ($/share) [Read more]
Cenovus has strong third-quarter operational performance
CALGARY, AB--(Marketwired - October 27, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to deliver safe and reliable operating performance. In 2016, the company has achieved consistent quarter-over-quarter increases in its oil sands production and steadily reduced total per-barrel oil operating costs. Compared with the same period in 2015, third-quarter oil sands volumes grew 5%, while total oil operating costs declined 14% per barrel (bbl). "We continue to deliver on our [Read more]
Husky Energy Announces 2016 Third Quarter Results
CALGARY, AB--(Marketwired - October 27, 2016) - Husky Energy (TSX: HSE) continued to grow its deep portfolio of high quality production in the third quarter while delivering $175 million in free cash flow and approximately $1.4 billion in net earnings. "Amidst persistent volatility in oil prices over the past two years and sustained pressure on refined product prices, we have built a strong balance sheet with net debt now in line with our target," said CEO Asim Ghosh. "We have achieved, ahead [Read more]
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