SASKATOON, SASKATCHEWAN--(Marketwired - Sept. 12, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that it has entered into a convertible loan agreement (the "Loan Agreement") with DigiStore24 GmbH ("DigiStore"), pursuant to which DigiStore will lend Saturn $1,000,000 CAD (the "Loan"). The Loan will mature in three (3) years from the date of issuance, and will bear interest at the rate of 5% per annum. The principal amount [Read more]
NuVista Energy Ltd. Provides Operational Update and Pipestone Well Test Results
CALGARY, ALBERTA--(Marketwired - Sept. 11, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to provide a significant operational update including the startup at Bilbo block of our largest pad drilled to date; powerful IP30 success from Elmworth block high intensity fractured wells (HiFi); the successful and on-time conclusion of the Keyera Simonette gas plant planned turnaround; and the achievement of a compelling well test in our emerging Pipestone block. This test [Read more]
Inter Pipeline Announces September 2017 Cash Dividend
CALGARY, Alberta, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.135 per share for September 2017. This dividend will be paid on or about October 16, 2017 to shareholders of record on September 22, 2017. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $4.2 billion in cash payments to investors. Inter [Read more]
TransCanada Seeks 30-day suspension of Energy East Pipeline and Eastern Mainline Project Applications
CALGARY, ALBERTA--(Marketwired - Sept. 7, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) announced today it has filed a letter with the National Energy Board (NEB) seeking a 30-day suspension of the Energy East Pipeline and Eastern Mainline Project applications. The suspension will allow time to conduct a careful review of recent changes announced by the NEB regarding the list of issues and environmental assessment factors of the projects while understanding how [Read more]
Pengrowth Reaches Agreement to Sell Remaining Swan Hills Properties for $150 Million
CALGARY, ALBERTA--(Marketwired - Sept. 6, 2017) - Pengrowth Energy Corporation (the "Company" or "Pengrowth") (TSX:PGF) (NYSE:PGH) today announced that it has entered into an agreement for the sale of its remaining Swan Hills assets in North Central Alberta for total cash consideration of $150 million, subject to customary adjustments. When combined with the approximate $18 million deposit from the initial sales process which was terminated on July 11, 2017, total consideration for the sold [Read more]
Birchcliff Energy Ltd. Announces Declaration of Common Share Quarterly Dividend and Preferred Share Dividends
CALGARY, ALBERTA--(Marketwired - Sept. 5, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the calendar quarter ending September 30, 2017: Shares [Read more]
Canadian Natural Resources Limited Announces Pelican Lake and Other Asset Acquisition
CALGARY, ALBERTA--(Marketwired - Sept. 5, 2017) - Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") announces that is has entered into an agreement to acquire assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta with production of approximately 19,600 BOE/d, for gross cash consideration of $975 million. The transaction is targeted to close on or before September 30, 2017, subject to normal closing conditions [Read more]
Pembina & Veresen Announce Common Shareholder Election Deadline of 5:00 p.m. (Mountain Time) on September 20, 2017
CALGARY, ALBERTA--(Marketwired - Sept. 5, 2017) - Pembina Pipeline Corporation (TSX:PPL) (NYSE:PBA) ("Pembina") and Veresen Inc. (TSX:VSN) ("Veresen") have announced that the deadline for Veresen common shareholders ("Shareholders") to elect to receive either Pembina common shares or cash pursuant to the previously announced plan of arrangement (the "Arrangement") is 5:00 p.m. (Mountain Time) on September 20, 2017 (the "Election Deadline"). Shareholders may elect to receive either [Read more]
Strategic Oil & Gas Announces Management Changes
CALGARY, ALBERTA--(Marketwired - Sept. 5, 2017) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") announces that President and CEO Gurpreet Sawhney has resigned to pursue other opportunities. Current COO Cody Smith has been appointed as interim CEO. Tom Claugus, Chairman of the Board, said, "The board wishes to thank Gurpreet for his efforts over his tenure with the Company and wishes him well in his future endeavors. Under his watch the Company has made [Read more]
Sunshine Oilsands Ltd.: Voluntary Announcement Increase in Shareholding in the Company by Chairman and Major Shareholder
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Sept. 4, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: INCREASE IN SHAREHOLDING IN THE COMPANY BY CHAIRMAN AND MAJOR SHAREHOLDER The Corporation was informed by its major shareholder, Mr. Sun Kwok Ping ("Mr. Sun"), the executive director and Chairman of the board of directors (the "Board") of the Corporation, that on September 4, 2017, [Read more]
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