Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Greenbriar Capital Corp Announces the Closing of the Previously Announced Acquisition of a Smart Glass Company

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Toronto Venture Exchange Symbol: “GRB”
Issued and Outstanding: 16,969,647

VANCOUVER, Sept. 25, 2017 /CNW/ – Greenbriar Capital Corp (“Greenbriar“) is pleased to announce the approval from the Toronto Venture Exchange for the closing of the previously announced acquisition of an Ontario based private company (the “Target“) which holds the exclusive Canadian sales, distribution and marketing rights for the entire suite of game-changing Smart Glass energy products, developed and built by Gauzy of Tel-Aviv, Israel (the “Acquisition“).

In addition, Greenbriar will be entitled to sell the entire suite of products into any other country of the world if the sales … Continue Reading

Seven Generations prices offering of US$700 million senior unsecured notes due 2025 at 5.375%

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Closing expected to occur on October 2, 2017

CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Seven Generations Energy Ltd. (TSX:VII) has priced an offering of US$700 million aggregate principal amount of senior unsecured notes due 2025 (the “Notes”) at 5.375%, offered on a private placement basis to eligible purchasers. 7G expects to close the offering on or about October 2, 2017, subject to the satisfaction of customary closing conditions.

Seven Generations Energy

Seven Generations is a low-supply-cost, high-growth Canadian energy developer generating long-life value from … Continue Reading

Storm Resources Ltd. Announces Graduation to Toronto Stock Exchange

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CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) –

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

Storm Resources Ltd. (“Storm” or the “Company“) (TSX VENTURE:SRX) is pleased to announce that it has received final approval to list the Company’s common shares (the “Common Shares“) on the Toronto Stock Exchange (the “TSX”).

Effective at market open on September 27, 2017, the Common Shares will commence trading on the TSX under the existing symbol “SRX” and will concurrently be delisted from the … Continue Reading

Pengrowth Comments on Trading Activity

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CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) – Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent significant increase in our share price and higher trading volumes. Pengrowth confirms that it is not aware of any material undisclosed information related to the Company or our operations that would account for this trading activity.

About Pengrowth:

Pengrowth Energy Corporation is a Canadian intermediate energy company focused on the sustainable development and production of oil and natural gas in Western Canada from its Lindbergh … Continue Reading

Lithium X Expands Brine Field and Establishes Favourable Well Field Conditions

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Lithium X develops Sal de los Angeles lithium resource with all permits in good standing, and with no well blow-outs

VANCOUVER, Sept. 25, 2017 /CNW/ – Lithium X Energy Corp. (TSXV: LIX) (OTCQX: LIXXF) (“Lithium X” or the “Company”) is pleased to announce the results of the recently completed drill program at its wholly owned Sal de los Angeles project, which covers 95% of the Salar de Diablillos, Salta province, Argentina. The drill program consisted of three exploratory diamond drill holes targeting undrilled portions of the basin north of the existing brine resource, and two sonic drill holes … Continue Reading

Seven Generations launches tender offer for any and all of its 8.250% senior unsecured notes due 2020

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CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) – Seven Generations Energy Ltd. (TSX:VII) has commenced a cash tender offer to purchase any and all of its 8.250% senior unsecured notes due 2020 (the “Notes“). As of September 22, 2017, US$700 million aggregate principal amount of the Notes was outstanding. The tender offer is being made pursuant to an offer to purchase (the “Offer to Purchase“) and a related letter of transmittal, each dated September 25, 2017, and a notice of guaranteed delivery. The tender offer will expire at 5:00 p.m., New York City time, on September 29, 2017, unless extended. Tendered … Continue Reading

Seven Generations proposes offering of US$700 million senior unsecured notes due 2025

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Net proceeds to be used to repurchase US$700 million 8.250% senior unsecured notes due 2020

CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Seven Generations Energy Ltd. (TSX:VII) is proposing to offer, on a private placement basis, US$700 million aggregate principal amount of senior unsecured notes due 2025 (the “Notes“). Certain terms of the Notes, including the interest rate payable, will depend on market conditions at the time of pricing.

Seven Generations intends to use the net proceeds of the offering, together with its cash balances, … Continue Reading

Ikkuma Announces Filing of Amended MCR

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CALGARY, Sept. 22, 2017 /CNW/ – Ikkuma Resources Corp. (“Ikkuma” or the “Corporation“) (TSX VENTURE: IKM) announces that it has filed an amended and restated material change report dated September 22, 2017 (the “Amended MCR“).  The Amended MCR supersedes and replaces the Corporation’s material change report dated August 18, 2017 (the “Original MCR”).  The information presented in the Amended MCR is presented as of August 18, 2017, the date of the Original MCR.  The Amended MCR: (i) removes disclosure of pro forma reserves based on reserves information that are as of different effective dates and related disclosure; (ii) … Continue Reading

Pembina & Veresen Announce Common Shareholder Consideration Election Results

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CALGARY, Sept. 22, 2017 /CNW/ – Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (“Pembina”) and Veresen Inc. (TSX: VSN) (“Veresen”) have announced the results of elections by Veresen common shareholders (“Shareholders”) to receive either Pembina common shares or cash pursuant to the previously announced plan of arrangement (the “Arrangement”).

Based on elections received and applicable pro rationing, each Shareholder who elected cash will receive (i) cash in an amount equal to approximately $6.4314, and (ii) approximately 0.2809 of a Pembina common share, in each case multiplied by the number of Veresen common shares held by such shareholder. Shareholders … Continue Reading

Western Energy Services Corp. Announces Concurrent Debt and Equity Financings

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CALGARY, ALBERTA–(Marketwired – Sept. 22, 2017) –

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) is pleased to announce that it has entered into agreements with Alberta Investment Management Corporation (“AIMCo”) providing for a $215 million second lien senior secured term loan facility and a private placement (the “Private Placement”) of 9,100,000 common shares of Western (“Common Shares”) at a price of $1.25 per Common Share, for aggregate gross proceeds of $11,375,000 (together the “AIMCo Financings”).

Western has concurrently entered into an agreement with a syndicate … Continue Reading

Precision Drilling Corporation Announces Addition of New Director

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CALGARY, ALBERTA–(Marketwired – Sept. 22, 2017) –

Precision Drilling Corporation (“Precision”) (TSX:PD)(NYSE:PDS) announced today the addition of Susan M. MacKenzie to its board of directors.

Ms. MacKenzie has over thirty years of experience in the energy industry. Ms. MacKenzie has been an independent consultant since 2009. Previously, she served as Chief Operating Officer with Oilsands Quest Inc., a NYSE Amex-listed oil sands company. Prior to that, Ms. MacKenzie was employed for 12 years at Petro-Canada prior to its merger with Suncor Energy Inc. in 2009, where she served as Vice President of Human Resources and Vice President of In Situ… Continue Reading

Enbridge Gas Distribution Rates Change October 1

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TORONTO, ONTARIO–(Marketwired – Sept. 21, 2017) – Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective October 1, 2017.

Typical residential customers* who buy their gas supply from Enbridge will see a total bill decrease of about five per cent, or $51 a year. As a result, their total annual bill will be about $893. The decrease is primarily due to lower natural gas prices in North America.

“Natural gas continues to be the most affordable and reliable choice for home and water heating in Ontario,” says Dave Charleson, Vice … Continue Reading