CALGARY, ALBERTA--(Marketwired - April 21, 2016) - Suncor will release its first quarter financial results on Wednesday, April 27, 2016 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held at 7:30 a.m. MT (9:30 a.m. ET) on Thursday, April 28, 2016. Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period with analysts will [Read more]
InstarAGF Essential Infrastructure Fund Invests $75 Million in Steel Reef Infrastructure Corp.
CALGARY, ALBERTA--(Marketwired - Apr 20, 2016) - InstarAGF Asset Management Inc. ("InstarAGF") and Steel Reef Infrastructure Corp. ("Steel Reef") today announced that the InstarAGF Essential Infrastructure Fund (the "Fund") has invested $75 million of equity in Steel Reef, subscribing for 34,883,721 common shares at a price of $2.15 per share, representing 20.6% of Steel Reef's outstanding common shares. All amounts are in Canadian dollars. In connection with the Fund's investment, Gregory J. [Read more]
MEG Energy to release first quarter financial results
CALGARY, AB--(Marketwired - April 21, 2016) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the first quarter ended March 31, 2016 on Thursday, April 28, 2016.A conference call will be held to review the financial results at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) on Thursday, April 28, 2016. The U.S./Canada toll-free conference call number is 1 866-225-6564. The international/local conference call number is 416-340-2220. A recording of the [Read more]
Manitok Energy Inc. Announces Up to a $10.0 Million Brokered Private Placement Equity Financing
CALGARY, ALBERTA--(Marketwired - April 21, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that Manitok has entered into a letter agreement with a syndicate of agents led by Integral Capital Markets, a division of Integral Wealth Securities Limited (the "Agents"), in connection with a best-efforts private placement offering of up to $10,000,000 (the "Offering"). The Offering will consist of common shares (the "Common Shares") in the [Read more]
Relentless Announces Financial and Operating Results for the Year Ended December 31, 2015
CALGARY, ALBERTA--(Marketwired - April 20, 2016) - Relentless Resources Ltd. (TSX VENTURE:RRL) ("Relentless" or "the Company") announces that it has issued and filed on SEDAR its December 31, 2015 audited financial statements and related MD&A. The Corporation has also filed on SEDAR its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information as of December 31, 2015; Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserves Evaluator; and Form 51-101F3 - [Read more]
AltaGas Ltd. Reports First Quarter Results
CALGARY, ALBERTA--(Marketwired - April 20, 2016) - (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Highlights Normalized EBITDA of $178 million; Normalized funds from operations of $132 million; 198 Mmcf/d shallow cut Townsend Facility 85 percent complete, commissioning to begin mid-2016; Filed application with the B.C. Oil and Gas Commission for the North Pine liquids separation facility near Fort St. John; Initiated development of a [Read more]
Paramount Completes Sale of Musreau Complex and Related Midstream Assets
CALGARY, ALBERTA--(Marketwired - April 20, 2016) - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announced today that it has completed its previously announced sale of the Musreau Complex and related midstream assets (the "Midstream Transaction"). In connection with the closing of the sale, the Company has cancelled $400 million of the $900 million Tranche A of its bank credit facility (the "Facility") as well as the entire $100 million Tranche B of the Facility, which has [Read more]
TransCanada Closes $500 Million Preferred Share Issuance
CALGARY, ALBERTA--(Marketwired - April 20, 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 13 (the "Series 13 Preferred Shares"). TransCanada issued 20 million Series 13 Preferred Shares for aggregate gross proceeds of $500 million through a syndicate of underwriters co-led by TD Securities Inc., BMO Capital Markets and [Read more]
Hawk Announces 2015 Annual Financial Results and Filing of Reserves Data
CALGARY, ALBERTA--(Marketwired - April 20, 2016) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) announces that it has filed on SEDAR its audited annual financial statements, and related management's discussion and analysis for the year ended December 31, 2015. The Corporation has also filed on SEDAR its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information as of December 31, 2015; Form 51-101F2 - Report on Reserves Data by Independent Qualified [Read more]
Seven Generations files Amended and Restated Information Circular and Proxy Statement on SEDAR
CALGARY, ALBERTA--(Marketwired - April 19, 2016) - Seven Generations Energy Ltd. (TSX:VII) today filed on SEDAR an Amended and Restated Information Circular and Proxy Statement (the Amended Circular), which is also posted on 7G's website. The Amended Circular corrects errors in a table on page 39 summarizing Termination and Change of Control Benefits. The correct calculation of benefits is substantially lower than had been set forth in the Information Circular and Proxy Statement dated March 23, [Read more]
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