Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Frontera Provides Notice of First Quarter 2019 Financial Results and Conference Call

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First Quarter 2019 Results Will Be Released After Market on Thursday, May 9, 2019, Followed by a Conference Call on Friday, May 10, 2019 at 10:00 A.M. EDT

TORONTO, April 24, 2019 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that its first quarter 2019 results will be released after market on Thursday, May 9, 2019 followed by a conference call for investors and analysts on Friday, May 10, 2019 at 8:00 a.m. (MDT), 9:00 a.m. (GMT-5) and 10:00 a.m. (EDT). Participants will include Gabriel de Alba, Chairman of the … Continue Reading

IsoEnergy Begins DC-Resistivity Geophysical Survey at the Larocque East Uranium Property

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VANCOUVER, April 24, 2019 /CNW/ – IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that a 53 line-km program of DC-Resistivity (DC-Res) geophysical surveying has begun on its 100% owned Larocque East property (the “Property”).  Larocque East is home to the Hurricane zone, a new discovery of high-grade uranium mineralization. 

The Hurricane zone is a body of shallow (330m below surface), high-grade uranium mineralization located on the west side of the Larocque East property (Figure 1).  The Company recently completed the first follow-up drilling program after the discovery intersection in July 2018.  … Continue Reading

TransAlta Comments on Mangroves’ Latest News Release

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CALGARY, April 23, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today commented on the latest news release from Mangrove Partners.

“Mangrove’s latest claim is without merit and is simply the latest complaint in a string of frivolous tactics. We will defend TransAlta and the interests of our shareholders vigorously,” said Ambassador Gordon Giffin, Chair of the Board of TransAlta. “A majority of our shareholders have already voted overwhelmingly in support of the Board at our upcoming Meeting. We look forward to moving ahead with our value creation plan supported by our partnership … Continue Reading

Bonavista Energy Corporation Adopts an Amendment to its Incentive Award Plans

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(TSX: BNP)

CALGARY, April 23, 2019 /CNW/ – Bonavista Energy Corporation (“Bonavista”) announces that it has approved an amendment to its Restricted Incentive Award Plan and Performance Incentive Award Plan (collectively, “the Plans”) to reduce the aggregate number of common shares available to be issued under both the Plans to a rolling 5.4% of our outstanding common shares, including common shares issuable upon the exchange of exchangeable shares (the “Amendment”) which meets the amount needed to satisfy existing grants. The Amendment has been enacted in order to ensure that the aggregate shareholder value transfer (“SVT”) under the Plans do … Continue Reading

Enbridge Declares Quarterly Dividends

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CALGARY, April 23, 2019 /CNW/ – The Board of Directors for Enbridge Inc. (TSX, NYSE: ENB) has declared a quarterly dividend of $0.73800 per common share, payable on June 1, 2019 to shareholders of record on May 15, 2019. The amount of the dividend is consistent with the March 1, 2019 dividend.

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on June 1, 2019 to shareholders of record on May 15, 2019.

Common Shares

$0.73800

Preference Shares, Series A

$0.34375

Preference Shares, Series B

$0.21340

Preference Shares, Series … Continue Reading

Sailingstone Capital Will Vote Against Turquoise Hill Resources Independent Directors

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SAN FRANCISCO, April 23, 2019 SAILINGSTONE CAPITAL PARTERS announces that it has written an open letter to Turquoise Hill Resources (TSX/NYSE: TRQ) shareholders informing them that SailingStone intends to vote AGAINST the independent directors of TRQ at the May 14, 2019 Annual Meeting. A copy of the letter can be found at www.sailingstonecapital.com/resources.html

MacKenzie Davis, Managing Partner at SailingStone, said, “We have long been troubled by corporate governance practices at TRQ, and have worked diligently with the Board to attempt to address these issues. Unfortunately, the Board has refused to engage in productive dialogue, and we are left … Continue Reading

Pulse Oil Corp. Announces First Bigoray Well Encounters Over 50 Meters of Oil Pay, the Spudding Of Pulse’s Second Bigoray Well and Pulse’s Production Testing Underway at Queenstown

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CALGARY, April 23, 2019 /CNW/ – Pulse Oil Corp. (“Pulse” or the “Company”) (TSX-V: PUL and PUL.WT) is happy to report that the first well of a two well drilling program successfully reached total depth in its first Bigoray well, located in central Alberta and Pulse is currently drilling the second well within Pulse’s Bigoray assets.  Pulse holds a 100% working interest in and operates the Bigoray assets.  

Bigoray:

Pulse’s first well at Bigoray, targeting newly defined undrained attic areas of Pulse’s Nisku D pinnacle reef, encountered in excess of 50 meters of oil pay, as interpreted by independent … Continue Reading

East West Petroleum – Corporate Update

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VANCOUVER, April 23, 2019 /CNW/ – East West Petroleum Corp. (TSX-V: EW) (“East West” or the “Company”) Mr. Nick DeMare, interim CEO, provides this corporate update in regards to various ongoing matters.

As was announced April 2, 2019 the agreement with Juva Life Inc. was terminated pursuant to the mutual understanding of the parties and the terms of the agreement.  Each company was responsible for its own transaction costs and no break fee existed in the agreements.  The Company has moved on from the Juva transaction and is working with its core assets. The Company continues to hold … Continue Reading

Crescent Point drives production cost reduction using AFTI Watchdog

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CALGARY, April 23, 2019 /CNW/ – AFTI WatchDog is pleased to announce that Crescent Point Energy Corp. (“Crescent Point”) (TSX: CPG) and (NYSE: CPG) has selected the AFTI WatchDog as a key service provider to support its field automation strategy.

AFTI WatchDog is the industry leader for low-cost oil well and pipeline monitoring. Our mission, to remove the routine well-site visit, has delivered thousands of hours back to field operators and operations groups. WatchDog reduces equipment failures and potential environmental incidents while allowing operators to maximize production without additional labour costs.

“We are very excited about working with Crescent … Continue Reading

Horizon North Logistics Inc. Provides Update on LNG-Related Activities

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CALGARY, April 22, 2019 /CNW/ – Horizon North Logistics Inc. (“Horizon North” or the “Corporation”) (TSX: HNL.TO) provided an update today on the Corporation’s liquefied natural gas (“LNG”)-related activities, including new camp contracts to support the construction of the Coastal GasLink Pipeline project (the “Coastal GasLink Project”) and the expected opening of the Corporation’s Crossroads Lodge in Kitimat, British Columbia (the “Lodge”).

New Camp Contracts

Pursuant to a Teaming Agreement with Falcon Camp Services Inc. (“Falcon Camp Services”), Horizon North has entered into contracts (the “Camp Contracts”) to provide equipment, catering, hospitality and operations services for two camps supporting … Continue Reading

X-Terra Resources provides an update on its option to acquire a 70% interest in mining properties located in New Brunswick

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ROUYN-NORANDA, QC, April 22, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce it has received conditional approval from the TSX Venture Exchange for its previously announced transaction to acquire from NB Gold Inc. a 70% interest in the Grog property and Northwest property (which is comprised of the Rim, Dome and Bonanza properties) located in New Brunswick (collectively, the “Properties”). The 70% interest in the Properties will be acquired by the Corporation pursuant to two amended and restated exploration and option agreements dated February 1, 2019, as amended, between the Corporation … Continue Reading

Hyduke Energy Services Inc. Announces Updates on Head Office Land and Building Sale and Extension to B.W. Rig Filing an NOI Proposal Under the BIA

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LEDUC, AB, April 18, 2019 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company“) (HYD – TSX) wishes to report on the following matters:

Update on Sale of Head Office Building and Land

Further to its press release of December 10, 2018, the Board and management of Hyduke wish to report that effective April 16, 2019, the Company completed the sale of its head office building (including the manufacturing facility) located in Nisku, AB.  Hyduke’s head office has been … Continue Reading