CALGARY, ALBERTA--(Marketwired - May 31, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: a quarterly cash dividend of $0.50 per share for the calendar quarter ending on June 30, 2016, on Birchcliff's outstanding Cumulative [Read more]
Tuscany Reports Financial and Operating Results for the Three Months Ended March 31, 2016
CALGARY, ALBERTA--(Marketwired - May 31, 2016) - Tuscany Energy Ltd. (TSX VENTURE:TUS) - Tuscany is pleased to report on its financial and operating results for the three months ended March 31, 2016. Financial The three months ended March 31, 2016 has continued to be difficult for energy producers, and the low price for heavy oil in Canada resulted in a decline in Tuscany's financial and operating results. A 33% decline in production combined with a 45% decline in oil price and a 29% decline [Read more]
Manitok Energy Inc. Announces Financial Results for the First Quarter of 2016 and an Operational Update
CALGARY, ALBERTA--(Marketwired - May 31, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces its financial and operating results for the first quarter of 2016 and provides an operational update. The full text of Manitok's first quarter results are contained in its unaudited condensed interim financial statements as at and for the three months ended March 31, 2016 and the related management's discussion and analysis, copies of which are available [Read more]
Pengrowth Receives Regulatory Approval for the 17,500 Barrel Per Day Second Commercial Phase of the Lindbergh Thermal Project
CALGARY, ALBERTA--(Marketwired - May 30, 2016) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it has received the anticipated Environmental Protection and Enhancement Act (EPEA) approval for the 17,500 barrel per day (bbl per day) second commercial phase of its Lindbergh thermal project. The approval contains no conditions that materially change the estimated cost, scope or timing of the project. This approval marks the culmination of approximately 30 months of project [Read more]
Harvest Operations Announces Extension of Early Tender Time for Exchange Offer and Consent Solicitation
CALGARY, ALBERTA--(Marketwired - May 30, 2016) - Harvest Operations Corp. ("Harvest") today announced an amendment to its previously announced offer to exchange (the "Exchange Offer") any and all of its outstanding 67/8% Senior Notes due 2017 (the "Old Notes") for new 2.33% Guaranteed Notes due 2021 (the "New Notes") issued by Harvest and unconditionally and irrevocably guaranteed (such guarantee, the "Guarantee") by Korea National Oil Corporation ("KNOC") and related consent solicitation (the [Read more]
Canadian Spirit Resources Inc. Announces First Quarter 2016 Financial Results
CALGARY, ALBERTA--(Marketwired - May 30, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis ("MD&A") for the three month period ended March 31, 2016. This news release summarizes information contained in the unaudited interim condensed financials statements and MD&A for the three month period ended March 31, 2016 and should not be considered a [Read more]
Yoho Resources Inc. Announces Fiscal Q2 2016 Financial Results
CALGARY, ALBERTA--(Marketwired - May 30, 2016) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) has filed today on SEDAR the financial statements for the six months ended March 31, 2016 and the related managements' discussion and analysis ("MD&A"). Copies of these documents may be found on www.sedar.com. Highlights Yoho's production during fiscal Q2 2016 averaged 621 boe per day (23% oil and natural gas liquids ("NGL")), compared to fiscal Q2 2015 production of 1,731 [Read more]
Suncor Energy announces restart of RMWB operations
CALGARY, ALBERTA--(Marketwired - May 29, 2016) - Suncor today announced it has begun the safe and staged restart of its operations in the Regional Municipality of Wood Buffalo (RMWB) with initial production from its Firebag in situ facility early last week. Start-up activities are well underway at Base Plant and the MacKay River in situ facility and, subject to conditions in the region, Suncor expects initial production by the end of this week. Suncor has moved over 4,000 employees and [Read more]
Delphi Energy Announces Banking Update
CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") reports an extension to its annual borrowing base review with its senior lenders. Delphi and the lenders under its senior credit facility entered into an amending agreement dated May 27, 2016, which, among other things, reduced the aggregate availability of such facility from $132.5 million to $115 million, consisting of a $105 million extendable revolving term credit facility and a $10 [Read more]
Delphi Energy Announces Filing of Preliminary Short Form Prospectus
CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce it has filed a preliminary short form prospectus (the "Preliminary Prospectus") in connection with a marketed underwritten offering, of 40,000 units of Delphi (the "Units"), for total aggregate proceeds of $40 million (the "Offering"). Each Unit will consist of a $1,000 principal amount senior secured note due 2021 with an interest rate to be determined [Read more]
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