CALGARY, ALBERTA--(Marketwired - March 8, 2017) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") announces that it has become aware of the unusual trading volumes and stock price fluctuation of the Company`s common shares which are listed on the TSX Venture Exchange. At the request of the Investment Industry Regulatory Organization of Canada, the Company wishes to confirm that management is unaware of any material change in the Company's operations that would account for the [Read more]
Gibsons Commences Cash Tender Offers for Outstanding Canadian Dollar Notes due 2020 and U.S. Dollar Notes due 2021
CALGARY, ALBERTA--(Marketwired - March 8, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced that it has commenced cash tender offers (each an "Offer" and together, the "Offers") for (i) any and all of its outstanding Canadian dollar denominated 7.00% Senior Unsecured Notes due 2020 (the "Canadian Notes") and (ii) up to US$275,000,000 ("U.S. Notes Maximum Cap") of its outstanding U.S. dollar denominated 6.75% Senior Unsecured Notes due 2021 (the "U.S. Notes" and, [Read more]
Gibsons Announces Proposed Private Placement of Senior Unsecured Notes
CALGARY, ALBERTA--(Marketwired - March 8, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced its intention to issue, on an exempt private placement basis, C$300 million senior unsecured notes (the "Private Placement"), subject to market and other conditions. Gibsons intends to utilize the net proceeds from the Private Placement, along with a portion of [Read more]
Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2016
CALGARY, AB--(Marketwired - March 08, 2017) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2016. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31 Year ended December 31 (CA$ thousands, except as otherwise indicated) 2016 2015(2) % 2016 2015(2) % Revenue, before [Read more]
Seven Generations Boosts 2016 Production 95 Percent to 117,800 boe/d, Generates Record Funds From Operations of $733 Million
CALGARY, ALBERTA--(Marketwired - March 8, 2017) - Seven Generations Energy Ltd. (TSX:VII) nearly doubled production in 2016 to 117,800 barrels of oil equivalent per day (boe/d), up 65 percent from 2015 on a per share basis. Funds from operations increased 77 percent to $733 million, or $2.30 per share - up 50 percent per share compared to 2015. Capital investment in 2016 was $978 million, 25 percent lower than in 2015. Fourth quarter production increased 70 percent compared to a year earlier to [Read more]
NuVista Energy Ltd. Announces Year End 2016 Reserves, Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three months and year ended December 31, 2016 and provide an update on our future business plans. 2016 Success Provides Foundation For NuVista Long Term Strategy Operationally, 2016 was a very strong year for NuVista. We have: Achieved record production in the Wapiti Montney formation; Materially increased our Montney natural gas and [Read more]
Baytex Energy Files 2016 Year-End Disclosure Documents
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces the filing of its Annual Information Form for the year ended December 31, 2016 (the "AIF") with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR"). In addition, Baytex has filed its Annual Report on Form 40-F for the year ended December 31, 2016, which includes the AIF, with the U.S. Securities and Exchange Commission on the [Read more]
TransGlobe Energy Corporation Announces Fourth Quarter and Year End 2016 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL)(NASDAQ:TGA) announces its financial and operating results for the three months and year ended December 31, 2016. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Audited Consolidated Financial Statements together with the notes related thereto, as well as TransGlobe's Management's Discussion and Analysis for the years ended [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Quarter and Year-Ended December 31, 2016
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the quarter and year-ended December 31, 2016. Financial and Operating Highlights Trilogy added 14.3 MMBoe of total proved reserves and 27.4 MMBoe of total proved plus probable reserves, including technical revisions; Trilogy replaced 180 percent of 2016 produced reserves when [Read more]
Gibsons Declares Dividend
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on April 17, 2017, to shareholders of record at the close of business on March 31, 2017. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibsons' [Read more]
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