CALGARY, ALBERTA--(Marketwired - Oct. 4, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) continues to focus on expanding its core Ferrier operating area, improving the Company's balance sheet, lowering its cost structure and growing the Company's production and resulting funds from operations. Petrus is pleased to announce the following recent developments which demonstrate the Company's commitment to achieving these objectives. FERRIER FARM-IN Petrus has [Read more]
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.44189 to 1.44650. This increase will be effective on October 16, 2017 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: [Read more]
Birchcliff Energy Ltd. Provides Operational Update and Announces Closing of $31.7 Million Asset Sale
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to provide the following update. Pouce Coupe Gas Plant - Phase V On-Stream Birchcliff is pleased to announce that the 80 MMcf/d Phase V expansion of its 100% owned and operated natural gas processing plant in Pouce Coupe has been successfully brought on-stream, increasing the processing capacity of the plant to 260 MMcf/d from 180 MMcf/d. Phase V was on budget and brought on-stream [Read more]
Harvest Operations Corp. Announces Repayment of U.S. $282.5 Million 6 7/8% Senior Notes
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") is pleased to announce that it has repaid in full Harvest's outstanding approximately U.S.$282,500,000 aggregate principal amount of 67/8% Senior Notes (the "Notes") that were due October 1, 2017. In connection with the repayment of the Notes, Harvest has filed Form 15-F with the U.S. Securities and Exchange Commission (the "Commission") in order to terminate its reporting obligations under [Read more]
Inter Pipeline Announces October 2017 Cash Dividend
CALGARY, Alberta, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.135 per share for October 2017. This dividend will be paid on or about November 15, 2017 to shareholders of record on October 23, 2017. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $4.3 billion in cash payments to investors. Inter Pipeline’s [Read more]
Seven Generations completes offering of US$700 million 5.375% senior unsecured notes
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Seven Generations Energy Ltd. (TSX:VII) has completed its previously announced offering of US$700 million aggregate principal amount of 5.375% senior unsecured notes due 2025, which were offered, on a private placement basis, to eligible purchasers (the "Offering"). Seven Generations intends to use the net proceeds of the Offering, together with its cash balances, to repurchase its outstanding US$700 million aggregate principal amount 8.250% [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for September 2017 Payable October 31st, 2017
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the September 2017 monthly cash dividend will be $0.10 per share and will be paid on October 31st, 2017. The record date for the dividend is October 16th, 2017 and the ex-dividend date is October 13th, 2017. 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]
Seven Generations announces expiration of tender offer for its 8.250% senior unsecured notes due 2020
CALGARY, ALBERTA--(Marketwired - Sept. 29, 2017) - Seven Generations Energy Ltd.'s (TSX:VII) tender offer was accepted by holders representing US$224,340,000 aggregate principal amount of 7G's 8.250% senior unsecured notes due 2020 (the "Notes"). The previously announced cash tender offer to purchase any and all of the outstanding principal amount of the Notes expired at 5:00 p.m., EDT, on September 29, 2017 (the "Expiration Time"). Seven Generations intends to accept for payment all Notes [Read more]
Saturn Oil + Gas Inc. Announces Results of Corporate Reserves Evaluation
SASKATOON, SASKATCHEWAN--(Marketwired - Sept. 29, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that on September 27th, 2017 the Company received its Corporate Reserves Estimation and Economic Evaluation form Deloitte LLP ("Deloitte") for its Lucky Hills Viking assets and Flaxcombe Success heavy oil assets. Saturn is pleased to announce 307 thousand net barrels in proved plus probable reserves ("2P"), a before tax undiscounted [Read more]
Questerre announces successful private placement
CALGARY, ALBERTA--(Marketwired - Sept. 29, 2017) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that its private placement of up to 34.9 million Common Shares (the "Private Placement") has been over-subscribed at a price of 5.70 NOK or C$0.89 per Common Share. Gross proceeds are estimated at 198.9 million NOK or approximately C$31 million. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "This placement [Read more]
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