Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") announces the results of its annual general meeting of shareholders (AGM) held Wednesday June 17, 2020. A total of 21,708,381 common shares were voted, representing 24.51 percent of total shares issued and outstanding as at the record date of the meeting. Shareholders voted in favour of all items put forward by the board of directors and management. All six individuals nominated for the [Read more]
Bonavista Energy Corporation Provides Financial Update
Calgary, Alberta - Bonavista Energy Corporation (TSX: BNP) ("Bonavista" or the "Company") announces that the period under which the previously announced forbearance agreements (the "Forbearance Agreements") among Bonavista and the lenders (the "Lenders") under the Company's amended and restated credit agreement dated as of September 8, 2017 (the "Credit Agreement") and the holders (the "Noteholders") of the Company's senior notes (collectively, the "Notes") has been extended to June 17, 2020 in [Read more]
Kelt Announces Extension of Credit Facility Re-Determination
Calgary, Alberta--(Newsfile Corp. - June 2, 2020) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") announced today the extension of the revolving period applicable to the Company's existing $350 million revolving credit facility, to July 15, 2020. The credit facility continues to be available, on a revolving basis, until that date. In connection therewith, the date for the re-determination of the borrowing base has also been extended to July 15, 2020. The extension of the borrowing [Read more]
Briko Energy Corp. Announces First Quarter 2020 Financial and Operating Results
Calgary, Alberta - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months ended March 31, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's March 31, 2020 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A are available for review at [Read more]
Bonavista Energy Corporation Provides Financial Update
Calgary, Alberta - Bonavista Energy Corporation (TSX: BNP) ("Bonavista" or the "Company") announces that the period under which the previously announced forbearance agreements (the "Forbearance Agreements") among Bonavista and the lenders (the "Lenders") under the Company's amended and restated credit agreement dated as of September 8, 2017 (the "Credit Agreement") and the holders (the "Noteholders") of the Company's senior notes (collectively, the "Notes") has been extended to June 15, 2020 in [Read more]
Leucrotta Announces Q1 2020 Financial and Operating Results
Calgary, Alberta - LEUCROTTA EXPLORATION INC. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2020. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Drilled, completed and tied-in a second Montney well at Two Rivers. Completed construction of the Two Rivers facility and commenced production of the two Montney wells. Subsequent to March 31, 2020, disposed of [Read more]
Hemisphere Energy Announces Financial and Operating Results for Q1 2020
Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") announces its financial and operating results for the three months ended March 31, 2020. Q1 2020 Highlights Achieved revenue of $5.0 million. Realized an operating netback of $3.5 million. Attained quarterly adjusted funds flow from operations of $2.2 million. Increased quarterly production by 43% to 1,973 boe/d (99% heavy crude oil and 1% conventional natural gas), as [Read more]
Pine Cliff Energy Ltd. Announces Results of Shareholders' Meeting, Election of New Director and Annual Stock Option Grant
Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce all matters presented for approval at the annual meeting of shareholders on May 21, 2020 (the "Meeting") have been approved. A total of 99,008,064 common shares representing 30.21% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. All of the nominees proposed as directors were duly elected, including Ms. Jacqueline R. Ricci. Ms. Ricci has [Read more]
Tamarack Valley Energy Ltd. Reports Voting Results of 2020 Annual General and Special Meeting of Shareholders
Calgary, Alberta - Tamarack Valley Energy (TSX: TVE) ("Tamarack" or the "Company") announces that at the annual general and special meeting of shareholders held on May 13, 2020 (the "Meeting"), the following individuals, being the seven nominees listed in the management information circular of the Company dated April 13, 2020 (the "Circular"), were elected by way of ballot as directors of Tamarack to hold office until the next annual meeting of shareholders or until their successors are duly [Read more]
Bonavista Announces 2020 First Quarter Results
Calgary, Alberta - Bonavista Energy Corporation (TSX: BNP) ("Bonavista") is pleased to report to shareholders its financial and operating results for the three months ended March 31, 2020. The financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at http://www.sedar.com and on Bonavista's website at www.bonavistaenergy.com. MESSAGE TO SHAREHOLDERS The devastating COVID-19 health [Read more]
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