CALGARY, ALBERTA--(Marketwired - Oct. 5, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announces, with great sadness, that Mr. Hugh Fergusson, a member of AltaGas' Board of Directors, has passed away. Mr. Fergusson has been a director of AltaGas and its predecessor since May 7, 2008, and had been a director of Taylor NGL Limited Partnership, which AltaGas acquired in January 2008. Mr. Fergusson's counsel to the Board of Directors and management, and his contributions, insights and knowledge across [Read more]
Front Range Reports Issuance of Stock Options
CALGARY, AB--(Marketwired - October 04, 2016) - Front Range Resources Ltd. (the "Company") (TSX VENTURE: FRK) reports that it has issued an aggregate of 4,000,000 options to purchase common shares of the Company to certain directors, officers and employees of the Company in accordance with the Company's stock option plan. The options are exercisable at a price of $1.05 per share and expire five years from the date of grant. [Read more]
International Frontier Resources Announces Management Changes
CALGARY, ALBERTA--(Marketwired - Oct. 4, 2016) - International Frontier Resources Corporation ("IFR" or the "Company") (TSX VENTURE:IFR) announces that its Board of Directors has approved a new management structure, which takes effect immediately. President Steve Hanson has been appointed Chief Executive Officer (CEO) and Pat Boswell, previously CEO and Chairman of the Board, has transitioned to Chairman Emeritus. In his new role, Mr. Boswell will continue to advise the Company on its strategic [Read more]
Encana Announces Closing of Over-Allotment Option in Connection With Common Share Offering
CALGARY, AB--(Marketwired - October 04, 2016) - Encana Corporation ("Encana") (TSX: ECA) (NYSE: ECA) announced today that, in connection with its completed public offering of 107,000,000 common shares ("Shares") of Encana at a price of US$9.35 per Share (the "Offering Price"), the over-allotment option granted to the underwriters to purchase up to an additional 16,050,000 additional Shares (the "Over-Allotment Option") at the Offering Price was exercised in full for additional gross proceeds to [Read more]
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
CALGARY, ALBERTA--(Marketwired - Oct. 3, 2016) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.42573 to 1.42923. This increase will be effective on October 17, 2016 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: Record Date of Bonavista Dividend [Read more]
Mooncor Oil & Gas Corp.: Corporate Update
TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) - Mooncor Oil & Gas Corp. ("Mooncor" and the "Corporation") (TSX VENTURE:MOO) said today that it is not aware of any material event that would cause today's unusual trading volume. The Corporation would also like to provide a corporate update. Mooncor's wholly owned subsidiary, Primary Petroleum Company USA, Inc., has been approached back in November of 2015, by an arm's length party from the United States pertaining to the Corporation's [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for September 2016 Payable October 31st, 2016
CALGARY, ALBERTA--(Marketwired - Oct. 3, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the September 2016 monthly cash dividend will be $0.10 per share and will be paid on October 31st, 2016. The record date for the dividend is October 14th, 2016 and the ex-dividend date is October 12th, 2016. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
OPEC Announces Tentative Output Agreement — Will It Stick? Scotiabank
TORONTO, ON--(Marketwired - September 30, 2016) - Scotiabank's Commodity Price Index fell 0.8% m/m as weakness in the oil & gas sub index overwhelmed minor gains in other core commodities. The oil market remains oversupplied by roughly one million bpd, global inventories remain at record levels, and producers appear to be slowly adapting to the new low-price reality through a combination of cost reductions and rising technical efficiencies. OPEC (Organization of Oil Exports Countries) [Read more]
Manitok Energy Inc. Announces a Significant Asset Acquisition and a $20.0 Million Offering of Units Consisting of Collateralized Exchange Listed Notes(TM) and Warrants
CALGARY, ALBERTA--(Marketwired - Sept. 29, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has entered into an asset purchase agreement with an Alberta based private oil and gas company to acquire certain assets that averaged 1,934 boe/d 32% light oil and NGLs) of production in the second quarter of 2016, and that are anticipated to average approximately 1,750 boe/d (34% light oil and NGLs) in November 2016, upon the closing of the [Read more]
Enbridge Income Fund Holdings Inc. Announces $1.075-Billion Sale of South Prairie Region Assets
CALGARY, ALBERTA--(Marketwired - Sept. 29, 2016) - Enbridge Income Fund Holdings Inc. (TSX:ENF) ("ENF") announced today that an affiliate of Enbridge Income Fund (the "Fund") has entered into an agreement for the sale of the Fund's liquids pipelines assets in the South Prairie Region (the "Assets") to Tundra Energy Marketing Limited ("TEML") for CAD$1.075 billion in cash. Closing of the transaction is expected to occur around the end of the fourth quarter of 2016 and is subject to customary [Read more]
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