CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.10833 per common share to be paid on January 15, 2016 to shareholders of record on December 31, 2015. The Board of Directors has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. [Read more]
Freehold Royalties Ltd. Declares Dividend for January 2016
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.07 per common share to be paid on January 15, 2016 to shareholders of record on December 31, 2015. Including the January 15, 2016 payment, the twelve-month trailing cash dividends total Cdn. $1.00 per common share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's [Read more]
Raging River Exploration Inc. Announces Closing of $126 Million Corporate Viking Acquisition
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that the Company has closed its acquisition of Anegada Energy Corp. ('Anegada") as previously announced in the Raging River press release of December 10, 2015 (the "Acquisition"). The aggregate consideration for the Acquisition is comprised of the issuance of approximately 11.7 million common shares of Raging River and the assumption of [Read more]
Shoreline Energy Corp. Announces Failure to Implement CCAA Plan of Arrangement
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Shoreline Energy Corp. ("Shoreline" or the "Company") announces that the conditions precedent to completion of the transactions contemplated by the previously announced plan of compromise and arrangement (the "Plan") proposed by the Company under the Companies Creditors' Arrangement Act (the "CCAA") have not been satisfied. As a result, the Company is unable to obtain a sanction order in order to implement the Plan. The current stay of execution [Read more]
Manitok Energy Inc. Announces Brokered Private Placement of Up to $20 Million
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - Manitok Energy Inc. ("Manitok" or the "Corporation") (TSX VENTURE:MEI) is pleased to announce that Manitok has entered into a letter agreement with syndicate of agents (the "Agents") co-led by Integral Capital Markets, a division of Integral Wealth Securities Limited and GMP Securities L.P., with a syndicate including Dundee Securities Inc., National Bank Financial Inc. and Canaccord Genuity Group Inc., in connection with a [Read more]
Energy East Project Amended to Reflect Landowner, Environmental, Community and Customer Input
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has filed an amendment to its existing application with the National Energy Board (NEB) that adjusts the proposed route, scope and capital cost of the Energy East pipeline project based on extensive landowner, environmental, community and customer input. The amended application includes route and scope changes that come in direct response to efforts to avoid [Read more]
RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to provide its capital expenditure plans for the first six months of 2016 and the corresponding financial and operating market guidance. First Half 2016 Capital Budget Low and volatile crude oil and natural gas prices have severely challenged corporate business models within the upstream oil and gas sector. In planning and budgeting RMP's exploration and development [Read more]
Boulder Energy Ltd. Provides Credit Facility Update and Outlook for 2016
CALGARY, ALBERTA--(Marketwired - Dec. 17, 2015) - BOULDER ENERGY LTD. ("Boulder" or the "Company") (TSX:BXO)(OTCQX:BLLDF) is pleased to provide an update on its confirmed syndicated credit facility as well as announce its planned 2016 capital program designed to take a conservative approach to the balance sheet, improve financial flexibility and maintain the prudent development of its high quality Brazeau Belly River project to preserve asset value. CREDIT FACILITY UPDATE The [Read more]
Teekay Corporation Announces Plan to Reduce Its Quarterly Cash Dividend
HAMILTON, BERMUDA--(Marketwired - Dec. 16, 2015) - Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that its Board of Directors has approved a plan to reduce the Company's quarterly dividend to $0.055 per share, down from $0.55 per share in the third quarter of 2015, commencing with the fourth quarter of 2015 dividend payable in February 2016. The reduction in the Company's dividend amount is in response to announcements by the general partners of Teekay Offshore Partners [Read more]
Teekay LNG Announces Plan to Reduce Quarterly Cash Distributions on Common Units
HAMILTON, BERMUDA--(Marketwired - Dec. 16, 2015) - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has approved a plan to reduce its quarterly cash distributions to $0.14 per common unit, down from $0.70 per common unit in the third quarter of 2015, commencing with the fourth quarter of 2015 distribution payable in February 2016. The Partnership expects to use a significant portion of its internally generated cash flow to fund equity [Read more]
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