CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that it achieved its exit guidance of 12,750 boe/d during the first two weeks of December. As a result of our continued success, we now expect fourth quarter 2014 production to be approximately 12,000 boe/d resulting in an increase to our average 2014 production guidance to 10,600 boe/d from 10,500 boe/d. 2014 has been a record year for Raging [Read more]
Long Run Exploration Announces Its 2015 Budget and Intention to Maintain Its Long Term Strategic Plan as a Sustainable Dividend Paying Mid-Size Oil and Gas Company
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - LONG RUN EXPLORATION LTD. (TSX:LRE) ("Long Run" or the "Company") is setting a 2015 capital budget that delivers on a sustainable long-term business model to shareholders. The management and Board of Directors looked at many factors in setting a course for Long Run in 2015. Financial models were run at a range of probable commodity prices. We reviewed our development inventory and need to maintain momentum in both field development and enhanced [Read more]
Lightstream Announces December Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Lightstream Resources Ltd. ("Lightstream") (TSX:LTS) is announcing that our cash dividend for the month of December will be $0.015 per Lightstream share, payable on January 15, 2015 to all Lightstream shareholders of record on December 31, 2014. The December dividend represents a decrease of $0.025 from the previous monthly dividend of $0.04 per share. The ex-dividend date is December 29, 2014. Lightstream Resources Ltd. is an oil and gas [Read more]
Canadian Oil Sands Provides Update to 2014 Production Outlook
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Canadian Oil Sands Limited (TSX:COS)(OTCQX:COSWF) ("COS") today announced that it expects Syncrude production to total about 94 million barrels in 2014, below the range of 95 to 100 million barrels provided in COS' October 30, 2014 guidance, due to an outage in a sour water treater. The repair to this unit is expected to be complete by the end of this month. Canadian Oil Sands Limited Through our 36.74 per cent interest in the Syncrude [Read more]
Long Run Exploration Ltd. Announces December Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.035 per Common Share to be paid on January 15, 2015 to shareholders of record at the close of business on December 31, 2014. The ex-dividend date for this dividend is December 29, 2014. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. [Read more]
Lightstream Announces 2015 Capital Program, Strategic Initiatives and Dividend Reduction
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) is announcing our 2015 capital program as well as certain strategic initiatives, including a 62.5 percent dividend reduction and plans to monetize all or a portion of our Bakken business unit, with the goal of maximizing our financial flexibility during this current environment of low oil prices and optimizing the long term value of the Company's assets. Corporate [Read more]
Zargon Oil & Gas Ltd. Confirms December 2014 Cash Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes. Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock [Read more]
Pengrowth Announces First Steam at the Initial 12,500 Barrel Per Day Commercial Project at Lindbergh
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce that it has commenced steam operations at the Lindbergh Thermal Project located in the Cold Lake area of eastern Alberta. "First steam is a significant milestone for the Lindbergh Project as it represents the completion of construction and commissioning of the facilities and is the last major milestone before first oil," said Derek Evans, President and Chief Executive [Read more]
Enbridge Income Fund Holdings Inc. Announces Monthly Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced today that its Board of Directors has declared a cash dividend of $0.1285 per common share (Share) to be paid on January 15, 2015 to shareholders of record at the close of business on December 31, 2014. This dividend is designated an eligible dividend for Canadian tax purposes which qualifies for the enhanced dividend tax credit. Eligible shareholders may participate in [Read more]
Crescent Point Energy Confirms December 2014 Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company")(TSX:CPG)(NYSE:CPG) confirms that the dividend to be paid on January 15, 2015, in respect of December 2014 production, for shareholders of record on December 31, 2014, will be CDN$0.23 per share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Crescent Point's shareholders may elect to receive dividend payments in the form of [Read more]
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