CALGARY, ALBERTA--(Marketwired - May 21, 2015) - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announced today that it has agreed to sell US$450 million aggregate principal amount of 6.875% senior unsecured notes due 2023 (the "New Notes"). Due to strong market demand, Paramount increased the size of the offering by US$50 million to US$450 million. As stated previously, the Company intends to use the net proceeds from the New Notes offering to redeem all of its outstanding [Read more]
News
Lightstream Announces Amended Credit Facility Terms, Including Covenant Relief
CALGARY, ALBERTA--(Marketwired - May 21, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces the renegotiated terms agreed to with lenders in our secured revolving credit facility. Further to our first quarter results press release of May 5, 2015, we have concluded negotiations and received signed commitments from our lending syndicate for an amended credit facility which is subject to execution of a definitive agreement by the parties. The amended credit [Read more]
Marquee Energy Ltd. Announces First Quarter 2015 Financial Results with Record Production
CALGARY, May 21, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces record production for the first quarter of 2015. First quarter production increased 6% from the previous quarter to 5,536 boe/d. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2015 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. 2015 FIRST QUARTER HIGHLIGHTS Achieved [Read more]
Mountainview Energy Ltd. Announces 2015 First Quarter Financials
CUT BANK, MT, May 21, 2015 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Company") (TSX-V: MVW) announces its operating and financial results for the quarter ended March 31, 2015. The Company also announces that its financial statements and management's discussion and analysis for the quarter ended March 31, 2015, are available on SEDAR at www.sedar.com, and on Mountainview's website at www.mountainviewenergy.com. Quarter End Financials During the first quarter of 2015, [Read more]
Bellatrix Announces Closing of Private Offering of US$250 Million of Senior Notes Due 2020
CALGARY, May 21, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has closed its private offering of US$250 million of 8.500% senior unsecured notes due 2020 (the "notes"). Bellatrix intends to use the net proceeds from the note offering to partially repay borrowings outstanding under its bank credit facility, thereby strengthening the Company's capital structure and increasing the Company's liquidity. In accordance with [Read more]
Questfire Energy Corp. Announces 2015 First Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - May 21, 2015) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management's discussion and analysis ("MD&A") for the three month period ended March 31, 2015. Financial and Operating Highlights Three months ended March 31, 2015 2014 Financial Oil and natural gas [Read more]
Kicking Horse Energy Inc. Announces Financial and Operating Results for the Three Months Ended March 31, 2015
CALGARY, AB--(Marketwired - May 21, 2015) - Kicking Horse Energy Inc. ("Kicking Horse" or the "Company") (TSX VENTURE: KCK) reports its operating and financial results for the three months ended March 31, 2015. The condensed interim consolidated financial statements and notes, as well as Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2015 are available on Kicking Horse's website and have been filed on SEDAR. Highlights for Three Months Ended March 31, [Read more]
Pembina Pipeline Corporation to Provide Terminalling Services for Sturgeon Refinery; Signs Deal for New Pipeline Lateral
CALGARY, May 21, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it will provide terminalling services for the North West Redwater Partnership ("North West") with respect to North West's planned refinery (the "Sturgeon Refinery"). Separately, the Company also announced that it has entered into agreements to construct a new pipeline lateral in the Karr area of Alberta (the "Karr Lateral") to service growing production from the Montney [Read more]
Yangarra Announces Closing of Bought Deal Financing
CALGARY, ALBERTA--(Marketwired - May 21, 2015) - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the closing of its previously announced "bought deal" financing, completed by way of a short form prospectus, for the sale of 3,333,500 common shares of the Corporation (the "Common Shares") at a price of $1.80 per share, 1,010,500 common shares of the Corporation (the "CDE FT Shares") issued on a "flow through" basis in respect of "Canadian development expenses" within [Read more]
Ikkuma Resources Corp. Announces First Quarter 2015 Financial and Operating Results and Increased Production Guidance
CALGARY, May 21, 2015 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to report its financial and operating results for the three months ended March 31, 2015. Selected financial and operational information is set out below and should be read in conjunction with Ikkuma's interim condensed financial statements and the related management's discussion and analysis ("MD&A") for the three months ended March 31, 2015. Ikkuma's condensed interim financial [Read more]