Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Enbridge Announces Conversion Results for Series H Preferred Shares

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CALGARY, Aug. 17, 2018 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that none of Enbridge’s outstanding Cumulative Redeemable Preference Shares, Series H (Series H Shares) will be converted into Cumulative Redeemable Preference Shares, Series I of Enbridge (Series I Shares) on September 1, 2018.

After taking into account all conversion notices received from holders of its outstanding Series H Shares by the August 17, 2018 deadline for the conversion of the Series H Shares into Series I Shares, less than the 1,000,000 Series H Shares required to give effect to conversions … Continue Reading

Pulse Oil Corp. Early Warning

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CALGARY, Aug. 17, 2018 /CNW/ – Crimson Energy Ltd. (“Crimson“) reports that it has filed an early warning report in accordance with the requirements of applicable securities laws in respect of its shareholdings of Pulse Oil Corp. (TSX Venture Exchange: PUL) (“Pulse“).

Crimson is a corporation existing under the Business Corporations Act (Alberta). Crimson’s head office is located at Suite 800, 2424 – 4th Street SW, Calgary, Alberta, T2S 2T4. Crimson is a producer of light oil, natural gas, and natural gas liquids in Alberta.

Pursuant to the terms of a Purchase and Sale Agreement … Continue Reading

Petroshale Announces Closing of Strategic Acquisition

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CALGARY, Aug. 17, 2018 /CNW/ – PetroShale Inc. (“PetroShale” or the “Company”) (TSXV: PSH, OTCQX: PSHIF) is pleased to confirm the closing of our previously announced acquisition of high quality, light oil-weighted assets situated in our South Berthold core focus area in the North Dakota Bakken (the “Acquisition”).  Total cash consideration for the Acquisition was US$52.6 million, after closing adjustments.

The Acquisition includes approximately 550 barrels of oil … Continue Reading

Enterprise Group Announces Normal Course Issuer Bid

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ST. ALBERT, AB, Aug. 17, 2018 /CNW/ – Enterprise Group, Inc. (“Enterprise,” or “the Company“) (TSX: E) announces that the Toronto Stock Exchange (“TSX“) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Company (“Shares“) on the open market in accordance with the rules of the TSX. 

The Company is authorized to purchase up to 4,393,820 Shares under the normal course issuer bid, representing 10% of its public float, as of August 7, 2018. As of that date, there were 55,147,374 Shares issued and outstanding. The average … Continue Reading

East West Petroleum Announces Romanian Operational Update and Update on Juva Transaction

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Ticker: EW (TSX-V)

VANCOUVER, Aug. 17, 2018 /CNW/ – International oil and gas producer East West Petroleum Corp. (TSXV: EW) (“East West” or the “Company”) is pleased to announce that the Company’s joint venture partner and operator, Naftna Industrija Srbije (“NIS”) has provided the following operational update for Romania. It should be noted that all activities are dependent on securing the necessary government and local approvals.

Blocks EX-2 and EX-3:

  • Permitting continues for acquisition of a total of approximately 400 km2 of 3D seismic in these two blocks. Acquisition commenced in Block EX-3 in May 2018 but has
    • … Continue Reading

    Frontera Announces Positive Drilling Results in Colombia

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    Confirms Hydrocarbon Presence in Mirador Reservoir in Acorazado-1 Exploration Well (100% Working Interest)

    Delfin Sur-1 Exploration Well Offshore Peru (49% Working Interest) Determined Non-Commercial

    TORONTO, Aug. 17, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), today announced positive drilling results from the Acorazado-1 well located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased in preparation for testing.

    The Acorazado-1 exploration well reached a total measured depth of 15,470 feet into the target formation where we recorded hydrocarbon shows in a Mirador Reservoir section … Continue Reading

    SDX Energy Inc. (“SDX” or the “Company”) – Successful production test at SD-3X well, Egypt

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    THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 (“MAR”). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE (“RIS”), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

    LONDON, Aug. 17, 2018 /CNW/ – SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator).

    The well flowed … Continue Reading

    TransCanada Does Not Endorse Mini-Tender Offer by TRC Capital

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    CALGARY, Alberta , Aug. 16, 2018 (GLOBE NEWSWIRE) — News Release — TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common shares of TransCanada, representing approximately 0.28 per cent of TransCanada’s outstanding common shares at a price of CDN $55.35 per common share. TransCanada does not endorse this unsolicited mini-tender offer.

    Shareholders are cautioned that the mini-tender offer has been made at a 4.32 per cent discount to the closing price of TransCanada’s common shares on the Toronto Stock Exchange on August 14, … Continue Reading

    Zedcor Energy Inc. Announces Stock Option Grant

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    CALGARY, Aug. 16, 2018 /CNW/ – Zedcor Energy Inc. (the “Company” or “Zedcor”) (TSX VENTURE: ZDC) announced that options to purchase 75,000 common shares of the Company were granted to an employee of the Company, with an exercise price of $0.25 per share. The options have been granted pursuant to the Company’s 10% rolling stock option plan and will expire five years from the date of grant. All of the options will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.

    About Zedcor Energy Inc.

    Zedcor Energy Inc. … Continue Reading

    Surge Energy Inc. Confirms Executive Appointments

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    CALGARY, Aug. 16, 2018 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: “SGY”) confirms executive appointments.

    On July 16, 2018 Surge Energy Inc. announced the appointment of two highly qualified businesswomen to the Board of Directors. This action served to diversify the Board of Directors through the addition of new skill sets and backgrounds.

    As a further step in enhancing the leadership of the Company, Surge is extremely pleased to announce the addition of Mr. Jim Stannard to the executive team.  Mr. Stannard will join the Company on September 6, 2018 in the role of Executive Vice … Continue Reading

    PentaNova Energy Provides an Update on the SINU-9 and Tiburon Assets

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    VANCOUVER, Aug. 16, 2018 /CNW/ – PentaNova Energy Corp. (the “Company” or “PentaNova“) (TSXV: PNO), announces the SINU-9 (“SN-9“) Farm Out Agreement (the “Agreement“) with Panacol Oil & Gas (“Panacol“), a wholly owned subsidiary of LATAM Oil & Gas failed to close by the agreed closing date. Extensions to the closing dates were given, but Panacol was unable to complete the financing commitments required as closing conditions of the Agreement and, as a consequence, the Agreement has been terminated.

    Under the terms of the Agreement the US$2.4 million security placed by Panacol as guarantee in front of the ANH … Continue Reading

    Kinder Morgan to participate in investor conference

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    CALGARY, Aug. 16, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (“KMI”), which owns a controlling interest in Kinder Morgan Canada Limited (“KML”), intend to participate in investor meetings at the Citi MLP / Midstream Infrastructure Conference on Thursday, August 16, 2018 in Las Vegas, Nevada to discuss the business and affairs of KMI, which may include discussion of KML’s business. Interested parties will be able to view the materials to be presented on the day of the event by visiting KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts.

    About Kinder Morgan Canada
    Kinder Morgan Canada … Continue Reading


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