CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce its 2016 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd. ("GLJ") effective December 31, 2016 (the "GLJ Report"), in accordance with National Instrument 51-101 ("NI 51-101") and Canadian Oil and Gas Evaluation (COGE) Handbook. All dollar figures are Canadian dollars unless otherwise noted. 2016 Highlights [Read more]
Birchcliff Energy Ltd. Announces Increase in Ownership by Seymour Schulich
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that Mr. Seymour Schulich has informed Birchcliff that he recently acquired control and direction over an additional 500,000 common shares of Birchcliff through the facilities of the Toronto Stock Exchange at a purchase price of $7.67 per common share. As a result of this purchase, Mr. Schulich now beneficially owns or exercises control or direction over a total of 38,000,000 [Read more]
AltaGas Ltd. Announces Simplified Sale Program
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today it is initiating a simplified sale program for eligible holders of common shares of AltaGas. The program benefits shareholders who hold 99 or fewer shares (an "odd lot holding"), and want to sell their shares without paying brokerage commissions. Additionally, it provides a participant, who does not already have a brokerage account, with the ability to sell their shares without incurring the [Read more]
Delphi Energy Corp. Hires Mark Behrman as Chief Financial Officer
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") today announced that it has appointed Mark Behrman as Chief Financial Officer ("CFO"). Mr. Behrman is an accomplished finance professional with extensive senior leadership, capital markets, entrepreneurial and field experience. Most recently, Mr. Behrman spent nine years as CFO of Sea NG Corporation of Calgary, a private company involved in the development and commercialization of [Read more]
Pine Cliff Energy Ltd. Announces Extension of Borrowing Base Redetermination
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) announces that at the request of its banking syndicate of Canadian financial institutions, it has extended its semi-annual borrowing base redetermination until April 13, 2017. About Pine Cliff Pine Cliff is an Alberta based natural gas company that is focused on acquiring and developing long life assets that are cash flow positive even in a low commodity [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for March 2017 Payable April 28, 2017
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the March 2017 monthly cash dividend will be $0.10 per share and will be paid on April 28, 2017. The record date for the dividend is April 17, 2017 and the ex-dividend date is April 12, 2017. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra [Read more]
Zargon Announces Completion of Redemption Auction
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) announces that it has taken up $15.56 million aggregate principal amount of its 6.00% convertible unsecured subordinated debentures (the "Debentures") at tender prices ranging from $890 to $1,000 per $1,000 principal amount of Debentures, for a total cash consideration of $14.84 million, which is equivalent to an average cost of $954 per debenture. The redemption of the [Read more]
Pengrowth Reduces Indebtedness by CDN $530 Million Following Prepayment of US $300 Million of Notes and Redemption of Convertible Debentures
CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that it has reduced its indebtedness by Cdn $530 million or 31 percent from December 31, 2016 through the previously announced debt reduction initiatives. The Company has successfully prepaid US $300 million of the US $400 million 6.35% senior notes due July 26, 2017, and redeemed with cash on March 31, 2017, Cdn $126.6 million of the remaining outstanding convertible [Read more]
Grant of Share Options
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) - This announcement is made pursuant to Rule 17.06A of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The board of directors of Sunshine Oilsands Ltd. (the "Corporation") announces that share options (the "Options") to acquire Class "A" common shares in [Read more]
Sunshine Oilsands Ltd.: Clarification Announcement
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) - This announcement is made in accordance with the Inside Information Provision under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited. Reference is made to the announcement (the [Read more]
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