CALGARY, ALBERTA--(Marketwired - March 1, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Madalena Energy Inc. ("Madalena" or the "Company") (TSX VENTURE:MVN)(OTCQX:MDLNF) is pleased to announce that it has entered into a letter of intent (as amended, the "Letter of Intent") to acquire (the "Acquisition") the 10% working interest (the "Assets") of one of its partners (the "Vendor") in the Coiron Amargo block in the province of Neuquén, [Read more]
Husky Energy Provides Dividend Rate Notice for Series 1 and 2 Preferred Shares
CALGARY, AB--(Marketwired - March 01, 2016) - Husky Energy (TSX: HSE) is notifying shareholders of the applicable dividend rates of its Cumulative Redeemable Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable Preferred Shares, Series 2 (Series 2 Shares). The rates were calculated according to the terms of the prospectus supplement dated March 11, 2011.As previously announced in its Feb. 16, 2016 news release, Husky does not intend to exercise its right to redeem its Series 1 [Read more]
EnerCom, Inc. Posts Agenda for The Oil & Services Conference(TM) 14 on March 9, 2016, in San Francisco
DENVER, CO--(Marketwired - Mar 1, 2016) - EnerCom, Inc. will host The Oil & Services Conference™ 14 (TOSC 14) on March 9, 2016, at the Le Méridien San Francisco Hotel. Institutional investors, energy research analysts, and oil and gas investors can register to attend, and find the work-in-progress presenter list at The Oil & Services Conference™ website. EnerCom's San Francisco Conference connects public companies with investors and analysts. EnerCom accomplishes this objective by [Read more]
Augusta Provides Sales Update
TORONTO, ONTARIO--(Marketwired - March 1, 2016) - Augusta Industries Inc. (the "Corporation") (TSX VENTURE:AAO) is pleased to announce that its wholly owned subsidiary, Marcon International Inc. ("Marcon"), has entered into various agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreements signed in February is $196,839 and the current value of Macron's backlog is $963,707.32 as of February 26, 2016. [Read more]
Tidewater Midstream and Infrastructure Ltd. Announces Increase to Previously Announced Bought Deal Offering of Common Shares to $70 Million
CALGARY, ALBERTA--(Marketwired - March 1, 2016) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE:TWM) is pleased to announce today that, due to strong demand, the Corporation has increased the size of its previously announced public offering to 50,000,000 common shares (the "Common Shares"), at a price of $1.40 per common share (the "Offering Price"), for aggregate gross proceeds to Tidewater of $70 million (the "Offering"). The Offering will be [Read more]
Tuscany Reports 2015 Year-End Reserves; Heavy Oil Proved Plus Probable Volumes Unchanged, Values Reduced Due to Lower Commodity Price
CALGARY, ALBERTA--(Marketwired - March 1, 2016) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce the results of the independent evaluation of the Company's oil and natural gas reserves, effective December 31, 2015, which was prepared by McDaniel and Associates Consultants Ltd. (the "McDaniel Report"). Tuscany reports that its total proved plus probable reserve volumes decreased only marginally for the year ended December 31, 2015, compared with 2014. This is despite the fact [Read more]
Enbridge Announces the Closing of CDN$2.3 Billion Common Equity Offering Inclusive of the Exercise of Underwriters’ Over-Allotment Option
CALGARY, ALBERTA--(Marketwired - March 1, 2016) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets, Credit Suisse, BMO Capital Markets, CIBC World Markets, Scotiabank, and TD Securities. Enbridge issued 56,511,000 common shares inclusive of the shares issued on exercise of the full amount of the underwriters' over-allotment option to purchase an [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for February 2016 Payable March 31, 2016
CALGARY, ALBERTA--(Marketwired - March 1, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the February 2016 monthly cash dividend will be $0.10 per share and will be paid on March 31, 2016. The record date for the dividend is March 15, 2016 and the ex-dividend date is March 11, 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. Bonterra [Read more]
Husky Energy Begins Steam Operations at Edam East
CALGARY, AB --(Marketwired - March 01, 2016) - Husky Energy (TSX: HSE) has commenced steam operations at the Edam East heavy oil thermalproject in Saskatchewan, the first of three new thermal projects coming online this year. The 10,000 barrels per day (bbls/day) Edam East development is expected to produce first oil early in the second quarter. "Edam East is the latest in our growing suite of heavy oil thermal projects, which are leading our transition into a low sustaining capital [Read more]
Delphi Energy Releases Year End 2015 Reserves
CALGARY, ALBERTA--(Marketwired - Feb. 29, 2016) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2015. While remaining focused on its large-scale Montney project at Bigstone, the Company successfully streamlined its business in 2015 through two major asset dispositions. The dispositions represented approximately 26 percent of the Company's total proved plus probable reserves at [Read more]
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