AltaGas Ltd. Announces US$125 Million Medium-Term Note Offering AltaGas Ltd. (“AltaGas”) (TSX:ALA) today announced that it has agreed to issue US$125 million senior unsecured medium-term notes (the “Offering”). The notes carry a floating rate coupon of three month LIBOR plus 0.85 percent and mature on April 17, 2017. The Offering is expected to close on or about April 14, 2015.
Blackbird Energy Announces Further Strategic Montney Land Aggregation Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights (the “Acquisition“). The Acquisition represents a 17% increase in the Company’s Elmworth Montney land position. With the completion of the Acquisition, Blackbird now holds a
Pan Orient Energy Corp.: 2014 Year End Financial & Operating Results Pan Orient Energy Corp. (“Pan Orient”) (TSX VENTURE:POE) reports 2014 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day net to Pan Orient unless otherwise stated. The Corporation
Inter Pipeline Announces April 2015 Cash Dividend Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for April 2015. This dividend will be paid on or about May 15th, 2015 to shareholders of record on April 22nd, 2015. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since
Talisman Declares Dividend On Common Shares Talisman Energy Inc. (TLM.TO) (TLM.TO) announced today that the company has declared a dividend on the company’s common shares of US$0.1125 per share. The dividend will be paid on April 29, 2015 to shareholders of record at the close of business on April 20, 2015. This is the dividend which was previously anticipated to
Strategic Oil & Gas (ticker: SOG.TO), a Canadian exploration and production company based in Calgary, Alberta, announced year-over-year increases to both its production and proved + probable reserves in its Q4’14 earnings release. Volumes for fiscal 2014 averaged 3,462 BOEPD and 2P reserves reached 13.9 MMBOE, representing respective increases of 6% and 9%. The Marlowe formation, located in northern Alberta,
DeeThree Exploration Ltd. Announces Corporate Reorganization to Create Two Oil-Focused Companies DeeThree Exploration Ltd. (DTX.TO) (“DeeThree” or the “Company“) is pleased to announce that its Board of Directors has unanimously approved the reorganization of DeeThree to create two, focused and independent, publicly traded energy companies – one, a sustainable growth-focused light-oil company centered around DeeThree’s Belly River development in the
Bonterra Energy Corp. Announces Borrowing Base Increase Following Annual Banking Review Bonterra Energy Corp. (www.bonterraenergy.com) (BNE.TO) (“Bonterra” or “the Company”) is pleased to announce today that following its annual banking review, certain amendments to the existing credit agreement dated April 29, 2009 between the Company and its syndicate of lenders (the “Lenders”), have been agreed to. Based on the terms
Parex Operational Update: Q1 Production 26,700 bopd and Plans for Drilling Activity Increase in 2015 Parex Resources Inc. (“Parex” or the “Company“) (PXT.TO), provides an operational update that confirms Q1 2015 production of 26,700 bopd and announces the start of its 2015 exploration program. All amounts herein are in United States dollars (USD). Exploration & Production Update: Oil production for Q1 2015
CALGARY, ALBERTA–(Marketwired – April 1, 2015) – Suncor Energy today provided an update on its progress on cost management measures in response to the low crude price environment, as well as an update on operations. Since the cost management program was announced in January, the company has made significant progress on its cost reduction initiatives. Suncor now expects that the
Perpetual Energy Inc. Announces Closing of Swap of West Edson Property for 6.75 Million Tourmaline Shares With Market Value of $258.7 Million and Updates Borrowing Base on Credit Facility Perpetual Energy Inc. (“Perpetual”, the “Corporation” or the “Company”) is pleased to announce the closing of the previously announced swap with Tourmaline Oil Corp. (“Tourmaline”) to exchange its joint interest share
Strategic Oil & Gas Ltd. Announces Year-End 2014 Financial and Operating Results CALGARY, ALBERTA–(Marketwired – Apr 2, 2015) – Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSX VENTURE:SOG) reports financial and operating results for the three months and year ended December 31, 2014. Detailed results are presented in Strategic’s annual consolidated financial statements, related Management’s Discussion and Analysis
