CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) ("Zargon") confirms that the monthly cash dividend for the month of July in the amount of Cdn. $0.01 per common share will be paid on August 17, 2015 to shareholders of record on July 31, 2015. Our dividend policy is reviewed monthly and is based on a number of factors including current and future commodity prices, foreign exchange rates, our commodity hedging program, current operations, [Read more]
Cardinal Energy Ltd. Confirms Monthly Dividend for July and Announces Renewal of Credit Facilities
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) confirms that a dividend of $0.07 per common share will be paid on August 17, 2015 to shareholders of record on July 31, 2015 with an ex-dividend date of July 29, 2015. The Board of Directors of Cardinal has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian income tax [Read more]
Storm Resources Ltd. Announces Closing of Disposition of Grande Prairie Assets
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - STORM RESOURCES LTD. ("Storm" or the "Company") (TSX VENTURE:SRX) is pleased to announce the successful closing of the disposition of properties in the Grande Prairie area of northwest Alberta, as announced on May 29, 2015. In the first quarter of 2015, production from these properties averaged 727 Boe per day (52% light oil plus natural gas liquids). The effective date of the transaction is July 1, 2015. Proceeds from the disposition [Read more]
Gibson Energy Announces CFO Succession Plan
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), announced today that Donald A. Fowlis, Chief Financial Officer, has informed the Company of his intent to retire in the first half of 2016, completing a 23 year career with the Company. The Company has initiated a formal process to identify a new Chief Financial Officer and Mr. Fowlis will remain in his current role in order to provide an orderly transition. "For over 20 years, [Read more]
Peyto Exploration & Development Corp. Confirms Dividends for Third Quarter 2015
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY) declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated. Dividend Amount per Common Share Record Date [Read more]
Hawk Announces Amended Credit Facility and Updated Corporate Presentation
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) announces that following the annual review by the Corporation's lender, the credit facility has been amended to $11 million, down from the previous credit facility of $13.5 million. This reduction is primarily a result of reduced commodity prices. The amended credit facility of $11 million now consists of a $7 million revolving demand facility and a $4 million term facility. [Read more]
Bonavista Energy Corporation Confirms Dividend for August 17, 2015
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Bonavista Energy Corporation ("Bonavista") confirms that a dividend of $0.035 per common share will be paid in cash on August 17, 2015 to common shareholders of record on July 31, 2015. The ex-dividend date is July 29, 2015. Bonavista's dividend policy is reviewed monthly and is based on future commodity prices, foreign exchange rates, our commodity hedging program, current operations and future investment opportunities. This dividend has [Read more]
Global LNG Market Vital to Grow Canada’s Natural Gas Production: 2015 CAPP Natural Gas Forecast & LNG Report
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Canada needs to connect to global liquid natural gas (LNG) markets to avoid a decade of decline in natural gas production, the Canadian Association of Petroleum Producers said today in its 2015 natural gas forecast and LNG report. "Accessing the global LNG market can strengthen the long-term viability of Canada's natural gas industry and backstop the significant economic benefits it creates for Canadians," said CAPP president and chief [Read more]
Granite Oil Corp. Announces Monthly Dividend for July
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - GRANITE OIL CORP. ("Granite") (TSX:GXO)(OTCQX:GXOCF) is pleased to announce that a dividend of $0.03 per common share will be paid in cash on August 17, 2015 to shareholders of record on July 31, 2015 with an ex-dividend date of July 29, 2015. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Granite Oil Corp.Michael KabanukPresident & CEO(403) 984-6335Granite Oil Corp.Jonathan FlemingE.V.P.(403) [Read more]
Crescent Point Energy Confirms July 2015 Dividend
CALGARY, ALBERTA--(Marketwired - July 15, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on August 17, 2015, in respect of July 2015 production, for shareholders of record on July 31, 2015, will be CDN$0.23 per share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." [Read more]
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