Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Voting Results of Africa Oil Annual General Meeting

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VANCOUVER, British Columbia, April 19, 2018 (GLOBE NEWSWIRE) — Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) (TSX:AOI) (Nasdaq Stockholm:AOI) announces that all of the nominees proposed as directors and listed in its management proxy circular dated March 16, 2018 were elected as directors at its Annual General Meeting of Shareholders (the “Meeting”) held in Vancouver, British Columbia on April 19, 2018, the results being as follows:

Common shares represented at the Meeting: 172,236,081 Total outstanding Common Shares as at the record date: 470,567,619 Percentage of outstanding shares represented at the meeting: 36.6%

Fix the Number of Directors

Ordinary … Continue Reading

Zedcor Energy Inc. Issues Shares as Payment for Lease Termination

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CALGARY, April 19, 2018 /CNW/ – Zedcor Energy Inc. (the “Company” or “Zedcor”) (TSX VENTURE: ZDC) is pleased to announce that it has issued 776,334 common shares in the capital of Zedcor (the “Consideration Shares“) to a private Alberta company as payment for a lease surrender fee in the amount of $200,000 incurred by Zedcor in connection with the termination of a lease of a yard and building located in Estevan, Saskatchewan.  The expiry date of the lease was July 31, 2021 and, prior to its termination, represented a total outstanding obligation for Zedcor of $372,000. The … Continue Reading

Enerplus Announces Conference Call for 2018 First Quarter Results

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CALGARY, April 19, 2018 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX: ERF) (NYSE: ERF) will be releasing its operating and financial results for the first quarter of 2018 at 4:00 AM MT (6:00 AM ET) on Thursday, May 3, 2018. A conference call hosted by Mr. Ian C. Dundas will be held at 7:30 AM MT (9:30 AM ET) to discuss these results. Details of the conference call are as follows:

Q1 Results Live Conference Call

Date: 

Thursday, May 3, 2018

Time:

7:30 AM MT (9:30 AM ET)

Dial-In:

647-427-7450 

1-888-231-8191 (toll free)

Audiocast:

https://event.on24.com/wcc/r/1651698/8A98B2F74E8F567D4C28F7EFF7E44424… Continue Reading

Cona Resources Ltd. Announces Mailing of Management Information Circular for Annual and Special Meeting

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CALGARY, April 19, 2018 /CNW/ – Cona Resources Ltd. (“Cona” or the “Company”) (TSX: CONA) announced today that it has mailed a management information circular and related voting materials (collectively, the “Meeting Materials”) to its shareholders in connection with the annual and special meeting to be held in the Plaza Room of the Metropolitan Conference Centre, 333 – 4th Avenue S.W., Calgary, Alberta at 11:00 a.m. (Calgary Time) on Friday, May 18, 2018 (the “Meeting”).

At the Meeting, shareholders of Cona will be asked to approve, among other matters, a transaction pursuant to the previously announced arrangement agreement between … Continue Reading

Gemini Announces Repayment Demand and Appointment of Receiver

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CALGARY, April 19, 2018 /CNW/ – Gemini Corporation (GKX-TSXV) (“Gemini” or the “Company”) was made the subject of a receivership order today by the Alberta Court of Queen’s Bench upon the application of the Company’s senior secured creditor, ATB Financial. FTI Consulting Canada Inc. was appointed as Receiver and Manager of all the Company’s current and future assets, undertakings and properties. The Company’s shares continue to be cease traded.

All of the Company’s board of directors and officers have resigned concurrently with the appointment of the Receiver.

The TSX Venture Exchange does not accept responsibility for the adequacy or … Continue Reading

TAG Oil Secures Revolving Credit Facility to Pursue Low-Risk, High Netback Production Opportunities

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VANCOUVER, April 19, 2018 /CNW/ – International exploration and production company, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), reports that it has secured a revolving credit facility of up to US$10,000,000 with a large New Zealand based lender.

The revolving credit facility, which is secured against TAG Oil’s producing Taranaki Basin assets, has been put into place for an initial period of 12 months. The facility can be drawn by TAG Oil upon request, with balances charged at an interest rate of LIBOR + 3.0% per annum. As part of the credit facility, TAG Oil has agreed to … Continue Reading

Crescent Point Announces First Quarter 2018 Conference Call and Notice of Annual General Meeting

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CALGARY, Alberta, April 19, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) plans to report its first quarter 2018 financial and operating results via press release prior to markets opening on Thursday, May 3, 2018. Crescent Point management will host a conference call at 10:00 a.m. MT (12:00 p.m. ET) on May 3, 2018, to discuss the results and outlook for the Company.

Participants can access the conference call by dialing 844-231-0101 or 216-562-0389 and entering the following passcode: 7279066. Alternatively, to listen to this event online, please enter https://edge.media-server.com/m6/p/k5hb86xq in your web … Continue Reading

Enerplus Announces Cash Dividend for May 2018

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CALGARY, April 19, 2018 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX & NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on May 15, 2018 to all shareholders of record at the close of business on April 30, 2018. The ex-dividend date for this payment is April 27, 2018.

The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7928. The U.S. dollar equivalent dividend will be based upon the actual Canadian/US exchange rate applied on the payment … Continue Reading

Kinder Morgan Canada Limited Declares Dividends and Announces Results for First Quarter of 2018

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Seeks Clarity on Path Forward, Shareholder Protection on Trans Mountain Expansion Project

CALGARY, April 18, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the first quarter of 2018 of $0.1625 per restricted voting share ($0.65 annualized), payable on May 15, 2018, to restricted voting shareholders of record as of April 30, 2018.  KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“KML had a strong first quarter due to its diverse portfolio of fee-based assets and resilient cash flows,” said KML Board … Continue Reading

Valeura Announces Increased 2018 Natural Gas Prices, Lyle Martinson Appointed as Chief Operating Officer

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CALGARY, April 18, 2018 /CNW/ – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company”) is pleased to announce an increase in the sales price of its natural gas production in Turkey.  Boru Hatlari ile Petrol Tasima Anonim Sirketi (“BOTAS”), who own and operate Turkey’s crude oil and natural gas pipeline grid, has announced an increase of 10% in Turkey’s reference natural gas price, effective April 1, 2018.  This comes less than three months after the last increase of 14%, which was effective January 1, 2018. When currency exchange rate changes are incorporated, the Company expects to report … Continue Reading

Pengrowth Provides Clarification With Regards to NYSE Listing

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CALGARY, Alberta, April 18, 2018 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is providing a clarification to its news release dated April 18, 2018 regarding the listing of shares on the New York Stock Exchange (NYSE). It is the intention of the Company to continue trading on the NYSE until the end of the compliance cure period, which is expected to be June 1, 2018. If at that time, the Company regains compliance through an increase in its share price, then the intent of the Company is to remain listed on the NYSE. If the Company’s share price does … Continue Reading

Pengrowth Provides Update to Exchange Listings to Align With Its New Focus

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CALGARY, Alberta, April 18, 2018 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announces that after careful consideration and in contemplation of the previous delisting notices received by Pengrowth from the New York Stock Exchange (NYSE), the Board of Directors of Pengrowth has decided not to take any further steps towards the implementation of a compliance plan, which would have included effecting a reverse stock-split of the Company’s common stock, in order to preserve the listing of its common stock on the NYSE. Pengrowth will continue to be listed on the Toronto Stock Exchange (TSX) and is expected to … Continue Reading


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