CALGARY, ALBERTA--(Marketwired - March 7, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today its operating and financial results for the three months and year ended December 31, 2016. Highlights: Combined Adjusted EBITDA1 of $97 million in the fourth quarter contributed to 2016 annual performance of $278 million; Infrastructure segment profit [Read more]
Husky Energy Announces Notes Offering
CALGARY, AB--(Marketwired - March 07, 2017) - Husky Energy has agreed to issue $750 million Cdn in notes maturing on March 10, 2027 (the "2027 Notes"). The 2027 Notes have a coupon of 3.60 percent and have been assigned a credit rating of A (low) with a stable trend by DBRS, BBB+ by Standard & Poor's, and Baa2 with a stable outlook by Moody's. The net proceeds of the Offering will be used for general corporate purposes, which may include, among other things, the repayment when due in [Read more]
Range Energy Receives Secured Convertible Loan From a Shareholder
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 7, 2017) - Range Energy Resources Inc. (the "Company") (CSE:RGO)(CSE:RGO.CN)(FRANKFURT:YGK) is pleased to announce that further to the Company's news release of February 15, 2017, it has received a secured convertible loan for $2,007,600 (the "Loan") from Gulf LNG America, LLC ("Gulf"), which is the second advance under the credit facility pursuant to the loan agreement entered into with Gulf on February 14, 2017 (the "Loan Agreement"). Gulf is a [Read more]
Front Range Resources Ltd.: Corporate Update
CALGARY, AB--(Marketwired - March 07, 2017) - Front Range Resources Ltd. ("Front Range" or the "Company") (TSX VENTURE: FRK) is pleased to report that drilling operations at the 6-28-52-22 W5M Hz ("6-28") Basal Montney well (100% W.I.) at East Pepper, Alberta have been completed and the completion system and liner have successfully been installed. Preparatory work on the 6-28 well for completion operations will continue this week with fracturing operations to follow pending availability of [Read more]
Baytex Reports 2016 Results, Strong Reserves Growth in the Eagle Ford and Resumption of Drilling Activity in Canada
CALGARY, ALBERTA--(Marketwired - March 7, 2017) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three months and year ended December 31, 2016 (all amounts are in Canadian dollars unless otherwise noted). "In 2016, we delivered on our production guidance while spending less than our original capital budget. We also significantly lowered our costs while taking steps to maintain strong levels of financial liquidity. In particular, I [Read more]
Pulse Oil Corp. Announces Trading to Resume on the TSX Venture Exchange on March 7, 2017; Early Warning Reports Issued Pursuant to National Instrument 62-103
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 7, 2017) - Pulse Oil Corp. ("Pulse" or the "Company") (TSX VENTURE:PUL) announces that the TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction ("QT") described in its Filing Statement dated February 15, 2017 (the "Filing Statement"). As a result, at the opening on Tuesday, March 7, 2017, the Company will no longer be considered a Capital Pool Company and the Company's shares will resume trading on the TSX Venture [Read more]
Blackbird Energy Inc. Closes Land Acquisition From Paramount Resources and Announces Annual and Special Meeting of Shareholders Webcast and Dial-In Information
CALGARY, ALBERTA--(Marketwired - March 6, 2017) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to report that it has closed the previously announced acquisition (the "Acquisition") of 13 gross sections of Montney rights (3.1 net) (the "Acquisition Lands") from Paramount Resources Ltd. ("Paramount") pursuant to the terms of a purchase and sale agreement dated February 21, 2017. The Acquisition is effective February 1, 2017. Blackbird issued an aggregate of 5,000,000 common [Read more]
Raging River Exploration Inc. Announces Fourth Quarter and Year End 2016 Operating and Financial Results and Operations Update
CALGARY, ALBERTA--(Marketwired - March 6, 2017) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three months and year ended December 31, 2016. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management's, discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's [Read more]
Strategic Oil & Gas Ltd. Announces Effective Date of Share Consolidation
CALGARY, ALBERTA--(Marketwired - March 6, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) advises that, effective today, the Company's common shares will start trading on the basis of one (1) post-consolidation common share for twenty (20) pre-consolidation common shares. As a result of the consolidation, the Company has approximately 46.4 million common shares outstanding. The Company's trading symbol will remain "SOG". The shareholders approved the [Read more]
AltaGas Ltd. Announces Closing of $118 Million Subscription Receipt Over-Allotment Option
CALGARY, ALBERTA--(Marketwired - March 3, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that, in connection with its recently completed offerings of 67,800,000 subscription receipts (the "Subscription Receipts") at an issue price of $31.00 per Subscription Receipt (the "Offering Price") on a bought deal basis (the "Bought Deal Offering") and 12,910,000 Subscription Receipts on a private placement basis (the "Private Placement Offering" and, together with the Bought Deal Offering, [Read more]
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