CALGARY, ALBERTA--(Marketwired - March 1, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that it has granted an option (the "Option Right") to Superior Plus LP ("Superior LP"), a wholly owned subsidiary of Superior Plus Corp. ("Superior"), and received a non-refundable payment of $412 million in cash proceeds, subject to certain adjustments, all in accordance with the terms of the previously [Read more]
Birchcliff Energy Ltd. Announces Declaration of First Common Share Quarterly Dividend and Preferred Share Dividends
CALGARY, ALBERTA--(Marketwired - March 1, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that its board of directors has declared a quarterly cash dividend of $0.025 per common share for the calendar quarter ending March 31, 2017 on Birchcliff's outstanding common shares. The dividend is payable on March 31, 2017 to shareholders of record at the close of business on March 15, 2017. This is the first quarterly dividend that has been declared on [Read more]
Point Loma Resources Ltd. Announces Closing of the Acquisition of Oil & Gas Assets
CALGARY, AB--(Marketwired - March 01, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce that it has closed the previously announced agreement (January 24, 2017) to acquire oil & gas assets, effective January 1, 2017, from a private oil and gas company (the "Acquisition") with the issuance of three million three hundred and fifty thousand shares of Point Loma. Highlights: The assets are concentrated in the west central area [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for February 2017 Payable March 31, 2017
CALGARY, ALBERTA--(Marketwired - March 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the February 2017 monthly cash dividend will be $0.10 per share and will be paid on March 31, 2017. The record date for the dividend is March 15, 2017 and the ex-dividend date is March 13, 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]
TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2016 Results and Conference Call
CALGARY, ALBERTA--(Marketwired - March 1, 2017) - TransGlobe Energy Corporation ("TransGlobe") (TSX:TGL)(NASDAQ:TGA) will announce its year-end and fourth quarter 2016 financial and operating results on Wednesday, March 8, 2017 before the opening of the stock markets. A conference call and webcast to discuss the results will be held the same day: [Read more]
Sunshine Oilsands Ltd.: West Ells Phase I Project Achieved Commercial Production and Cease of Capitalization
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: On March 1, 2017 (Hong Kong Time) / February 28, 2017 (Calgary Time), the Corporation is pleased to announce that the West Ells Phase I project ("the Project") located in the Athabasca region of Alberta has achieved commercial production on March 1, 2017 (Hong Kong Time) / February 28, 2017 [Read more]
Petrus Resources Announces Closing of Its Previously Announced Acquisition and Private Placement
CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to announce the closing of its previously announced acquisition of certain oil and natural gas interests in the Ferrier area (the "Acquisition") and the concurrent closing of its non-brokered private placement of 4,078,708 common shares of the Company ("Common Shares") at a purchase price of $2.53 per Common Share, for aggregate gross proceeds of $10,319,131 (the "Private [Read more]
Inside Information: West Ells Phase I Project Achieved Commercial Production and Cease of Capitalization
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: WEST ELLS PHASE I PROJECT ACHIEVED COMMERCIAL PRODUCTION AND CEASE OF CAPITALIZATION On March 1, 2017 (Hong Kong Time) / February 28, 2017 (Calgary Time), the Corporation is pleased to announce that the West Ells Phase I project ("the Project") located in the Athabasca region of Alberta has [Read more]
Pengrowth Delivers Strong Operational Performance in 2016; Company on Track to Substantially Reduce Debt in 2017
CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) delivered strong operating and financial results in 2016. The Company increased its net asset value per share by approximately 70 percent, delivered robust production and significantly increased reserves, while reducing costs across all segments of its business. The Company also reduced outstanding debt and positioned itself to further improve the strength of its balance sheet with a significant [Read more]
Baytex Conference Call and Webcast on Fourth Quarter and Year-End 2016 Results to Be Held on March 7, 2017
CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) will release its 2016 fourth quarter and year-end financial and operating results and year-end 2016 reserves information prior to the opening of markets on Tuesday, March 7, 2016. A conference call and webcast will be held shortly thereafter to discuss the results and address investor questions. Conference Call Details: Date: [Read more]
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