CALGARY, ALBERTA--(Marketwired - April 10, 2017) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL)(NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Finalized $75 million crude oil prepayment facility and marketing arrangement with Mercuria Energy Trading S.A. ("Mercuria") $73.4 million (C$97.8 million) 6% Convertible Debentures repaid March 31st, 2017 Sold 303,817 barrels of [Read more]
Waterous Energy Fund Announces Agreements to Acquire 67% Ownership of Northern Blizzard Resources Inc.
CALGARY, ALBERTA--(Marketwired - April 10, 2017) - Waterous Energy Fund ("WEF") is pleased to announce its affiliates, WEF GP (International) Ltd., the general partner of Waterous Energy Fund (International) L.P. and WEF GP (Canadian) Corp., the general partner of Waterous Energy Fund (Canadian) L.P., have today entered into two separate purchase agreements to acquire approximately 67% of the issued and outstanding common shares of Northern Blizzard Resources Inc. (the "Company") from affiliates [Read more]
Inter Pipeline Announces April 2017 Cash Dividend
CALGARY, ALBERTA--(Marketwired - April 10, 2017) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.135 per share for April 2017. This dividend will be paid on or about May 15, 2017 to shareholders of record on April 21, 2017. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $4.0 billion in cash payments to investors. Inter Pipeline's [Read more]
Point Loma Resources Announces Joint Venture Funding Deal
CALGARY, AB--(Marketwired - April 10, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce the signing of a binding term sheet to enter into a disposition ("Disposition") and joint venture ("JV") with Transerv Energy Ltd. (ASX: TSV) via its Canadian subsidiary Salt Bush Energy Ltd. ("Salt Bush"). Highlights of the transaction are summarized below: Point Loma Salt Bush Joint Venture The Disposition consists of Point Loma selling [Read more]
Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX
CALGARY, ALBERTA--(Marketwired - April 7, 2017) - Total Energy Services Inc. (TSX:TOT) ("Total" or the "Corporation") announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 25,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]
Total Energy Services Inc. Announces Further Take-Up of Savanna Common Shares and Extension of Period for Tender of Additional Savanna Common Shares under its Offer
CALGARY, ALBERTA--(Marketwired - April 7, 2017) - Total Energy Services Inc. (TSX:TOT) ("Total Energy") announced today that 35,641,916 common shares ("Savanna Common Shares") of Savanna Energy Services Corp. ("Savanna") were validly tendered (and not withdrawn) under its offer (the "Offer") to purchase outstanding Savanna Common Shares after the expiration of the initial deposit period for the Offer (at 11:59 p.m. (Pacific Time) on March 24, 2017) and prior to the expiration of the first [Read more]
Strategic Oil & Gas Ltd. Announces Issuance of Stock Options and Provides Operations Update
CALGARY, ALBERTA--(Marketwired - April 7, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) announces the issuance of stock options and provides an operations update. OPERATIONS UPDATE Strategic is currently in the process of completing the five Muskeg horizontal wells drilled in the first quarter, and will provide further updates as the wells come onstream. STOCK OPTION GRANT The Company issued 1.523 million stock options to directors, officers, [Read more]
AltaGas Ltd. to Hold Annual Meeting of Shareholders and Issue First Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - April 7, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) invites investors, potential investors, members of the media and all interested parties to attend its Annual General Meeting of Shareholders on Wednesday, April 26, 2017. Time: 3:00 p.m. MT (5:00 p.m. ET) Location: The Calgary Petroleum Club, 319 - 5th Avenue S.W., [Read more]
Enbridge Recommends Shareholders Reject TRC Capital’s “Mini-Tender Offer”
CALGARY, ALBERTA--(Marketwired - April 7, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge) has been notified of an unsolicited mini-tender offer made by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common shares or Enbridge, or approximately 0.15% of the company's outstanding common shares, at a price of $53.38 per share. Enbridge does not endorse this unsolicited offer, has no association with TRC Capital or its offer, and recommends that shareholders do not tender [Read more]
Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX
CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Total Energy Services Inc. (TSX:TOT) ("Total" or the "Corporation") announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 220,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]
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