CALGARY, AB--(Marketwired - December 18, 2015) - THIS RELEASE IS INTENDED FOR DISTRIBUTION OUTSIDE THE UNITED STATES ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION WITHIN THE UNITED STATES Tidewater Midstream Announces Fourth Quarter 2015 Dividend Tidewater (TSX VENTURE: TWM) is pleased to announce that its Board of Directors has declared a dividend for the fourth quarter 2015 of $0.01 per common share payable on or about January 29, 2016 to shareholders of record on December [Read more]
Marquee Energy Announces Private Placement of Flow-Through Shares
CALGARY, AB--(Marketwired - December 18, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) (OTCQX: MQLXF) announces that it intends to complete a non-brokered private placement of up to 2,500,000 common shares in the capital of Marquee to be issued on a Canadian exploration expense ("CEE") flow-through basis under the Income Tax Act (Canada) at a price of $0.60 per share for aggregate gross proceeds of up to $1.5 million. The shares will be subject to a four month hold [Read more]
Relentless Resources Announces Completion of Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 18, 2015) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) is pleased to announce the completion of its previously announced private placement. The Company issued 5,625,000 common shares of the Company issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.16 per Flow-Through Share for aggregate gross proceeds of $900,000. The Flow-Through Shares are subject to a four [Read more]
Veresen Announces Common Share Dividend for December 2015
CALGARY, ALBERTA--(Marketwired - Dec. 18, 2015) - Veresen Inc. ("Veresen") (TSX:VSN) today announced that its Board of Directors has declared a cash dividend for December 2015 of $0.0833 per common share. The dividend will be paid on January 22, 2016 to shareholders of record at the close of business on December 31, 2015. This dividend is designated an "eligible dividend" for Canadian income tax purposes. The dividend is eligible to be reinvested by shareholders, at a 5% discount, in [Read more]
Striker Exploration Corp. Closes Sale of Non-Core Assets for $5.2 Million
CALGARY, ALBERTA--(Marketwired - Dec. 18, 2015) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce the closing of its previously announced disposition of certain non-core assets for cash consideration of $5.2 million, before closing adjustments. The disposition is effective October 1, 2015, and the assets being sold represent Striker's gross overriding royalty holdings which averaged 48 boe/d for the month of September, 2015, consisting of 44 bbl/d [Read more]
Westcore Announces Increase to Financing Size
SASKATOON, SASKATCHEWAN--(Marketwired - Dec. 17, 2015) - WESTCORE ENERGY LTD. (TSX VENTURE:WTR) ("Westcore" or the "Company") reports that the size of its previously announced equity offering of units (see news release November 19, 2015) has been increased from $500,000 to $600,000. Each unit is being offered at a subscription price of $0.02 per unit and will consist of one common share of the Company and one common share purchase warrant. Each will entitle the holder thereof to acquire one [Read more]
Bonterra Energy Corp. Announces 2016 Capital Budget, Operations Update and Dividend Adjustment
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") today announces its 2016 capital budget, an operations update, and an adjustment to its dividend level to $0.10 per share commencing with the December 2015 dividend payable January 29, 2016. With the recent further deterioration in commodity prices, Bonterra is proactively making capital allocation decisions to ensure the Company is able to maintain its [Read more]
Chinook Energy Inc. Announces First Half 2016 Capital Program and Amended Credit Facility
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Chinook Energy Inc. (TSX:CKE) ("our", "we", "us", "Chinook" or the "Company") today announced that its Board of Directors has approved a $13 million capital program for the first half of 2016. Chinook also announced its amended credit facility following the completion of the semi-annual review of its facility by its bank syndicate. First Half 2016 Capital Program Chinook's capital program for the first half of 2016 includes $8 million to [Read more]
Yoho Resources Inc. Announces Closing of the Sale of Certain Duvernay Assets for $50 Million
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to announce that it has closed the previously announced transaction to sell a portion of its Duvernay assets in the Kaybob area of Alberta for cash consideration of $50 million (prior to adjustments) (the "Transaction"). After giving effect to the Transaction, the Company is currently undrawn on its bank credit facilities and has estimated positive working capital of $16 to [Read more]
Leucrotta Announces Grant of Incentive Stock Options
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Leucrotta Exploration Inc. (the "Corporation") (TSX VENTURE:LXE) announces that its board of directors has approved the granting of incentive stock options ("Options") under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 1,575,000 common shares ("Common Shares") of the Corporation and the granting of Options to certain of its employees and consultants to acquire up to an aggregate of 523,950 [Read more]
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