CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) has closed its recently announced bought deal financing for an offering of 17,290,000 Crescent Point common shares at $43.40 per share to raise gross proceeds of approximately $750 million. The underwriters have also exercised in part their over-allotment option to purchase an additional 1,145,000 Crescent Point common shares at the offering price. As a result, [Read more]
News
Cardinal Energy Ltd. Announces Closing of Equity Financing
CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) is pleased to announce that it has closed its previously announced public offering of 10,000,000 common shares through a syndicate of underwriters co-led by CIBC and RBC Dominion Securities Inc. and including Macquarie Capital Markets Canada Ltd., FirstEnergy Capital Corp., GMP Securities L.P., National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc. and Dundee Securities Ltd. at a [Read more]
Madalena Announces Appointment and Grant of Options to New Independent Directors
CALGARY, Sept. 23, 2014 /CNW/ - Madalena Energy Inc. (TSX-V: MVN) and (OTC: MDLNF) (the "Company" or "Madalena") is pleased to announce that Messrs. Douglas E. Brooks and Steven Sharpe, two new independent directors have joined the Madalena board of directors (the "Board"). "This is an exciting time for Madalena following our recent transformational transaction and our transition to a more balanced business strategy", said Raymond Smith, Chairman of the Board. "We are very pleased that Douglas [Read more]
Strategic Oil & Gas Ltd. Announces Private Placement Financing of Up to $50 Million
CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") has undertaken a non-brokered private placement (the "Private Placement") of up to 125 million common shares at a price of $0.40 per common share for gross proceeds of up to $50.0 million, subject to regulatory approvals. A significant portion of the Private Placement will be acquired by insiders, including Bay Partners Resource Funds, Tom Claugus, other directors and [Read more]
Enbridge Income Fund Enters Into $1.76 Billion Transaction With Enbridge Inc. for Natural Gas and Diluent Pipeline Interests
CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Enbridge Income Fund Holdings Inc. (the "Company") (TSX:ENF) and Enbridge Income Fund (the "Fund") announced today that indirect wholly-owned subsidiaries of the Fund have entered into agreements with indirect wholly-owned subsidiaries of Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge") to acquire a 50 percent interest in the U.S. segment of the Alliance Pipeline and subscribe for and purchase Class A Units which will provide a defined cash flow [Read more]
Spyglass Resources Corp. Announces Change to the Board of Directors
CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announces the appointment of Mr. Michael Rapps to the Board of Directors (the "Board") to replace Mr. George Armoyan, who has chosen to step down from the Board effective September 22, 2014. "We wish to thank Mr. Armoyan for his significant contribution to the Company and are pleased to welcome Mr. Rapps to the Board", said Tom Buchanan, Chairman of the Board. "Mr. [Read more]
Blackbird Energy Inc. Announces $35.5 Million of Financings and the Appointment of a New Independent Director
CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including Raymond James Ltd., Haywood Securities Inc., TD Securities Inc., Cormark Securities Inc. and Jennings Capital Inc. (collectively the "Underwriters") pursuant to which the Underwriters have agreed to purchase on a "bought deal" private [Read more]
Ivanhoe Energy appoints Acting Chief Financial Officer
CALGARY, Sept. 22, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today announced the appointment of Blair Vago as the company's Acting Vice President of Finance and Chief Financial Officer. Mr. Vago, Ivanhoe Energy's Divisional Controller in Ecuador, will assume the duties of Vice President of Finance and Chief Financial Officer (CFO) from Greg Phaneuf, whose resignation from the position takes effect on October 10, 2014. Mr. Vago is a licensed Certified Public Accountant [Read more]
Hemisphere Energy Achieves Record Production and Commences Five Well Drill Program
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 22, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce initial production results from the final three wells of its summer drilling program, record corporate production rates, and the commencement of a fall drilling program in Atlee Buffalo, Alberta. Production Update As a result of the successful summer drilling program, Hemisphere has achieved record corporate production averaging 900 boepd (92% oil), based on [Read more]
PanTerra Resource Corp. Announces Name Change to Ikkuma Resources Corp. and Share Consolidation
CALGARY, Sept. 19, 2014 /CNW/ - PanTerra Resource Corp. (the "Corporation") (TSX VENTURE: PRC) is pleased to advise that it has completed its previously announced name change and consolidation. The Corporation's name has been changed from "PanTerra Resource Corp." to "Ikkuma Resources Corp." (the "Name Change"). The articles of the Corporation were also amended to consolidate the issued and outstanding common shares of the Corporation ("Common Shares") on the basis of one (1) [Read more]