Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Enbridge Inc. Shareholders Overwhelmingly Support Combination with Spectra Energy Corp

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – Enbridge Inc. (“Enbridge” or the “Company”) (TSX:ENB) (NYSE:ENB) announced that Enbridge shareholders overwhelmingly approved the required resolutions in connection with the merger transaction (the “Transaction”) between Enbridge and Spectra Energy Corp (the “Transaction”) at the Special Meeting of shareholders (the “Meeting”) held today in Calgary, Alberta.

Of the common shares of Enbridge (“Enbridge Shares”) voted at the Meeting, 99.42% of the Enbridge Shares were voted in favour of the issuance of Enbridge Shares as consideration for the Transaction, and 99.80% of the Enbridge Shares were voted in favour of the amendments to General … Continue Reading

Enbridge Income Fund Holdings Inc. Announces Monthly Dividend

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced today that its Board of Directors has declared a cash dividend of $0.1555 per common share (“Share”) to be paid on January 16, 2017 to shareholders of record at the close of business on December 30, 2016.This dividend is designated eligible dividends for Canadian tax purposes that qualify for the enhanced dividend tax credit.

Eligible shareholders may participate in the Company’s Dividend Reinvestment Plan (“DRIP”), where they may elect, without brokerage fees, to automatically reinvest their dividends in additional Shares at a 2% discount … Continue Reading

Peyto Exploration & Development Corp. Confirms Dividends for January 13, 2017

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – Peyto Exploration & Development Corp. (“Peyto”) (TSX:PEY) confirms that the monthly dividend with respect to December 2016 of $0.11 per common share is to be paid on January 13, 2017, for shareholders of record on December 31, 2016. The ex-dividend date is December 28, 2016.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes the … Continue Reading

DIVERGENT Announces Shares for Interest Transaction

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – DIVERGENT Energy Services Corp. (the “Corporation“) (TSX VENTURE:DVG) announces that it has elected to satisfy the interest obligation in the amount of $144,931.51 due on December 31, 2016 (the “Interest Obligation“) by the delivery of 762,797 common shares of the Corporation (“Common Shares“) at a deemed price of $0.19 per Common Share to the holders of Debentures.

The transaction is subject to the final approval of the TSX Venture Exchange (the “TSXV“), and is pursuant to its right to satisfy its interest obligation owed on the debentures of the Corporation. Of the Common … Continue Reading

Canadian Energy Services & Technology Corp. Announces Cash Dividend

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – Canadian Energy Services & Technology Corp. (“CESTC” or the “Corporation“) (TSX:CEU) (OTCQX:CESDF) announced today that it will pay a cash dividend of $0.0025 per common share on January 13, 2017, to the shareholders of record at the close of business on December 30, 2016.

About Canadian Energy Services & Technology Corp.

CESTC is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and … Continue Reading

Bonavista Energy Corporation Confirms Dividend for January 16, 2017

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – Bonavista Energy Corporation (“Bonavista”) (TSX:BNP) confirms that a quarterly dividend of $0.01 per common share will be paid in cash on January 16, 2017 to common shareholders of record on December 31, 2016. The ex-dividend date is December 28, 2016.

Bonavista’s dividend policy is reviewed quarterly and is based on future commodity prices, foreign exchange rates, our commodity hedging program, current operations and future investment opportunities. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes.

Bonavista is focused on creating premium shareholder value through the efficient development of … Continue Reading

PrairieSky Royalty Declares December Dividend

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) – PrairieSky Royalty Ltd. (“PrairieSky“) (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.06 per common share, payable in cash on January 16, 2017 to shareholders of record on December 30, 2016. This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

About PrairieSky Royalty Ltd.

PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the … Continue Reading

Delphi Energy Corp. Closes Partner Transaction to Accelerate Growth of Its Bigstone Montney Asset

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CALGARY, ALBERTA–(Marketwired – Dec. 15, 2016) –

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Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company“) is pleased to announce the closing of its strategic agreement (the “Transaction”) with our existing working interest industry partner (our “Partner“) to accelerate the development of Delphi’s world-class, liquids rich Deep Basin natural gas play at Bigstone in Northwest Alberta (“Bigstone Montney“).

Delphi has received approximately $31.3 million in cash (including closing adjustments) for the Partner’s equalization of certain working interests relating to various transaction assets. In addition, our Partner has … Continue Reading

Select Sands Completes Purchase of Wet/ Dry Plants, and Sand Inventory on Union Pacific Rail Line in Arkansas, USA

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 15, 2016) – Select Sands Corp. (“Select Sands” or the “Company”) (TSX VENTURE:SNS) (OTCQX:SLSDF) announces that through a wholly-owned subsidiary American Select Corp., the Company has completed its previously disclosed transaction (see press releases dated October 4, 2016 and November 4, 2016) with Tutle Holding, LLC, Steve Hackmann and Ozark Premium Sand, LLC (“OPS’) in which Select Sands has purchased OPS’s wet/dry processing plants, operating equipment, saleable inventory, real estate, and customer lists amongst other miscellaneous assets owned by OPS, located in Northeast Arkansas, USA.

Following this acquisition, the Company has name-plate capacity of 600,000 … Continue Reading

Canada’s Partnership with the Middle East Strengthened

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The trading relationship with Canada and the UAE has been a complex one over the years but recently there have been significant signs that their trading ties will continue to flourish in 2015 and beyond. With Canada recognizing the UAE as a priority market, this particular marketplace has become one of the biggest export markets included in Canada’s ‘Global Markets Action Plan’.

In an interview with oil and gas magazine Pipeline they spoke with Canada’s ambassador to the UAE, Arif Z. Lalani about the current trade relationship between the two countries. With Lalani documenting that the partnership between the … Continue Reading