CALGARY, ALBERTA--(Marketwired - Feb. 12, 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 March 16, 2015 to shareholders of record on February 27, 2015. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. PrairieSky will release its year end 2014 results on Monday, February 23, 2015 after markets close. The news release [Read more]
High North Resources Ltd.: Grant of Stock Options
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") announces that effective February 12, 2015, the board of directors of the Company approved the grant of an aggregate of 2,275,000 stock options to acquire an equivalent number of common shares of High North to certain directors and officers pursuant to the terms of [Read more]
Eagle Energy Trust Trims 2015 Capital Budget, Maintains Distribution, Production and Cash Flow Guidance and Announces Expanded Credit Facility
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2015) - (TSX:EGL.UN): Eagle Energy Trust (the "Trust" or "Eagle") announces updated guidance for 2015: A 16% reduction in its 2015 capital budget for United States operations to $US 9.9 million (previously $US 11.8 million) and an unchanged maintenance capital budget for Canadian operations of $1.4 million. Production guidance maintained at 2,950 to 3,150 barrels of oil equivalent per day ("boe/d"). [Read more]
Enbridge Income Fund Holdings Inc. Announces Adoption of Advance Notice Bylaw
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2015) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced the adoption by its Board of Directors of Bylaw No. 2 (the Advance Notice Bylaw), a bylaw establishing a framework for advance notice of nominations of directors by shareholders of the Company (Shareholders). The Advance Notice Bylaw is intended to provide a transparent and fair process for the nomination of directors of the Company at annual or special meetings of Shareholders. [Read more]
Coastal First Nations Say Eagle Spirit Pipeline Announcement is Misleading; Pipeline has No Support on BC Coast
PRINCE RUPERT, BRITISH COLUMBIA--(Marketwired - Feb. 12, 2015) - The Coastal First Nations say a recent announcement by Eagle Spirit Energy Holdings Ltd. is misleading because it ignores unanimous opposition among First Nations communities on the BC coast. "There isn't a single First Nation on the coast of BC that supports oil exports," said Art Sterritt, Executive Director of the Coastal First Nations. "There also isn't anything new in this announcement. Eagle Spirit is bringing forward [Read more]
Husky Energy Announces 2014 Fourth Quarter Dividend
CALGARY, AB--(Marketwired - February 12, 2015) - The Board of Directors of Husky Energy (TSX: HSE) has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three-month period ended December 31, 2014. The dividend will be payable on April 1, 2015 to shareholders of record at the close of business on March 13, 2015.A regular quarterly dividend payment on the 4.45 percent Cumulative Redeemable Preferred Shares, Series 1 (the "Series 1 Preferred Shares") will be [Read more]
Husky Energy’s 2015 Update / 2014 Fourth Quarter and Annual Results
CALGARY, AB--(Marketwired - February 12, 2015) - Husky Energy (TSX: HSE) continues to focus on efficiencies, manage its investment flows and maintain its strong balance sheet as it delivers its work program. "We took a realistic approach with our 2015 business plan and continue to identify strategies to further support our balance sheet in today's lower oil price environment," said CEO Asim Ghosh. "We are continuing to position the Company for beyond this downturn as a low sustaining capital [Read more]
Arcan Provides Further Update Regarding Its Convertible Debenture Exchange Transaction
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2015) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Company") announced today a further update regarding the anticipated closing of the exchange of its $86.25 million 6.25% convertible unsecured subordinated debentures due February 28, 2016 and $85.0 million 6.50% convertible unsecured subordinated debentures due October 31, 2018 (collectively, the "Debentures") into common shares (the "Exchange Shares") at an exchange price of $0.15 per [Read more]
Exall Energy Corporation Announces Revised Process to Pay Out Existing Credit Facility
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2015) - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE)(TSX:EE.DB) announced today that, further to its February 9, 2015 announcement, Viking Investments Group, Inc. (the "Lender") has provided Exall with a non-binding letter of intent (the "LOI") pursuant to which, as a preliminary step (the "Interim Financing"), it would loan $35.0 million to Exall in order to allow Exall to retire its existing facility with Exall's current senior Canadian [Read more]
Anderson Energy Inc. Provides Operations Update
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2015) - Anderson Energy Inc. (the "Company") (TSX:AXL) provides the following operations update. The Company has completed its 2014/2015 winter drilling program with 10 gross (9.1 net capital, 8.0 net revenue) wells drilled. Due to weak commodity prices, the drilling of the remaining 3 gross (2.2 net) wells in the planned program has been deferred. Seven of the nine Cardium wells drilled have more than 30 days of initial production ("IP 30"). The [Read more]
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