CALGARY, ALBERTA--(Marketwired - July 19, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) announces that the resolution to approve Kasten Energy Inc. ("Kasten") as a new Control Person (as such term is defined by the policies of the TSX Venture Exchange) of PetroFrontier was approved at the reconvened annual and special meeting of shareholders held on July 19, 2016 by a vote of 89.45% of the independent shareholders voting. PetroFrontier expects to close the [Read more]
Touchstone Provides Credit Facility Update
CALGARY, ALBERTA--(Marketwired - July 19, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. Effective July 19, 2016, the Company and its lender executed an Amendment and Limited Waiver to the Credit Agreement (the "Amendment"). The Amendment cured the Company's June 2016 monthly production covenant breach, as Touchstone did not achieve the average minimum production requirement of 1,400 barrels of oil per day. The [Read more]
Yoho Resources Inc. Announces Going-Private Transaction Led by One Stone Energy Partners
CALGARY, ALBERTA--(Marketwired - July 19, 2016) - Yoho Resources Inc. (TSX VENTURE:YO) ("Yoho") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which a newly formed acquisition company ("One Stone AcquisitionCo") of One Stone Energy Partners LP will acquire all of the issued and outstanding common shares of Yoho ("Yoho Shares") (the "Transaction") for cash consideration of $0.475 per Yoho Share, other than the Yoho [Read more]
Delays in Pipeline Projects Costs Canada’s Economy, Governments Billions a Year
CALGARY, AB--(Marketwired - July 19, 2016) - Barriers to building pipelines that would allow Canadian producers to diversify their sales result in prices that are 20 to 30 per cent below the world price of West Texas Intermediate, costing Canada's economy and governments billions in foregone revenues, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. "Without adequate pipelines to Canada's coasts, Canadian oil producers [Read more]
Range Resources Corporation Announces Record Date and Expected Meeting Date Timing for Special Stockholder Meeting Regarding Merger With Memorial Resources Development Corp.
FORT WORTH, TX--(Marketwired - Jul 18, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) ("Range") announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal (the "Range Stock Issuance Proposal") to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development Corp. (NYSE: MRD) ("MRD") in connection with [Read more]
PrairieSky Royalty Declares July Dividend and Announces Conference Call for Q2 2016 Results
CALGARY, ALBERTA--(Marketwired - July 18, 2016) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.06 per common share, payable in cash on August 15, 2016 to shareholders of record on July 29, 2016. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. PrairieSky will release its Q2 2016 results on Monday, July 25, 2016 after markets close. The news release detailing [Read more]
Freehold Royalties Ltd. Declares Dividend for August 2016
CALGARY, ALBERTA--(Marketwired - July 18, 2016) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on August 15, 2016 to shareholders of record on July 31, 2016. 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]
Husky Energy Closes Midstream Partnership Transaction
CALGARY, AB--(Marketwired - July 18, 2016) - Husky Energy (TSX: HSE) has closed a transaction that results in the creation of a new limited partnership, Husky Midstream Limited Partnership, which will assume ownership of select midstream assets in the Lloydminster region of Alberta and Saskatchewan. The Company has received $1.7 billion in cash proceeds from the transaction, which will be applied to strengthening the balance sheet. The transaction received regulatory approval earlier this [Read more]
Spartan Energy Corp. Announces Results of Election of Directors
CALGARY, ALBERTA--(Marketwired - July 17, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) announces that the six (6) nominees were elected as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, at the annual and special meeting of the shareholders of Spartan held on June 17, 2016 (the "Meeting") in Calgary, Alberta. The vote was passed by way of ballot and each of the directors [Read more]
Enbridge Income Fund Holdings Inc. Announces Monthly Dividend
CALGARY, ALBERTA--(Marketwired - July 15, 2016) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced today that its Board of Directors has declared a cash dividend of $0.1555 per common share (Share) to be paid on August 15, 2016 to shareholders of record at the close of business on August 2, 2016. This dividend is designated an eligible dividend for Canadian tax purposes which qualifies for the enhanced dividend tax credit. Eligible shareholders may participate in the [Read more]
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