CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – Cordy Oilfield Services Inc. (“Cordy” or the “Company“) (TSX VENTURE:CKK) would like to announce the sale of all of its intellectual property rights related to the Cordy Tank (the “IP Rights“) to Lyncorp International Ltd. (“Lyncorp“) (the “Transaction“). Lyncorp is wholly-owned by David Mullen, Chairman and a director of Cordy. The IP Rights are comprised of United States Patent No. 9,074,363 issued on July 7, 2015 and all of Cordy’s intellectual property otherwise related to the design, manufacturing, and licensing in accordance with United States Patent No. 9,074,363. Cordy’s new management team determined … Continue Reading
CALGARY, Jan. 12, 2017 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced today a cash dividend for January 2017 of 13.25 cents per common share. The dividend will be payable on February 15, 2017, to shareholders of record on January 23, 2017. The ex-dividend date is January 19, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera’s dividends are subject to Canadian withholding tax.
About Keyera Corp.
Keyera Corp. (TSX:KEY) operates one of the largest midstream energy companies in Canada, providing essential services … Continue Reading
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – US Oil Sands Inc. (“US Oil Sands” or the “Company“) (TSX VENTURE:USO), an innovator of oil extraction technologies, announced today that it has closed the Company’s previously announced US$7.5 million financing (the “Financing“) with ACMO S.à R.L. (“ACMO“), the Company’s largest shareholder, allowing re-engagement of its employees and necessary contractors to complete and operate the PR Spring Project (the “Project“).
“This was an important and necessary financing for the Company,” said Cameron Todd, CEO of US Oil Sands, “allowing us to preserve the future of Company, the jobs of our U.S. and Canadian … Continue Reading
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CALGARY, Jan. 12, 2017 /CNW/ – Altura Energy Inc. (“Altura” or the “Corporation”) (TSX Venture: ATU) is pleased to provide an operations update which includes results from a horizontal well drilled in a new Upper Mannville oil pool in the Leduc-Woodbend area of Alberta and a new Sparky oil prospect in the Macklin area on the Alberta/Saskatchewan border.
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) (“Zargon”) announces that it has entered into an additional hedge to fix the WTI price of oil on 650 barrels per day of oil production at an average of $71.50 in Canadian dollars for the period February to December 2017. When this hedge is combined with previously announced hedges the total volumes hedged from February to December 2017 are 1,300 barrels per day at an average price of $69.24 in Canadian dollars.
This press release contains forward-looking statements. All statements other than statements of historical … Continue Reading
TORONTO, ONTARIO–(Marketwired – Jan. 12, 2017) – Just Energy Group Inc. (NYSE:JE) (TSX:JE), a leading retail energy provider specializing in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options, today announced that it will participate in the CIBC 20th Annual Whistler Institutional Investor Conference on Thursday, January 26, at the Fairmont Chateau Whistler, British Columbia, Canada.
Co-Chief Executive Officer, Deborah Merril and Chief Financial Officer, Patrick McCullough are scheduled to participate on Thursday, January 26, at 1:25 p.m. PT. The event will be audiocast at the following link: https://webcasts.welcome2theshow.com/cibcwhistler2017. A copy of the Company’s investor presentation … Continue Reading
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on February 15, 2017 to shareholders of record on January 31, 2017.
These dividends are designated as “eligible dividends” for Canadian income tax purposes.
Freehold’s primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title and gross overriding royalties). Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.Freehold Royalties Ltd.
Matt… Continue Reading
CALGARY, ALBERTA–(Marketwired – Jan. 12, 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.
PHX Energy Services Corp. (TSX:PHX) (“PHX Energy” or the “Corporation”) is pleased to announce that it has entered into a bought-deal financing with a syndicate of underwriters led by Peters & Co. Limited and including AltaCorp Capital Inc., Cormark Securities Inc., Scotia Capital Inc., and HSBC Securities (Canada) Inc. PHX Energy will issue 6,250,000 common shares (“Common Shares“) at a price of $4.00 per … Continue Reading
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – AltaGas Ltd. (“AltaGas”) (TSX:ALA) today issued, at the request of IIROC, on behalf of the Toronto Stock Exchange, the following statement in response to a media report suggesting that it is in talks with and pursuing a potential transaction with a third party:
While we are in discussions regarding a potential transaction with a third party, no agreement has been reached and there is no assurance that these discussions will continue or that any transaction will be agreed upon. Until such time as it is appropriate to make a public announcement on any … Continue Reading
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – 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 February 15, 2017, to the shareholders of record at the close of business on January 31, 2017.
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
CALGARY, ALBERTA–(Marketwired – Jan. 12, 2017) – 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 February 15, 2017 to shareholders of record on January 31, 2017. 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
MONTREAL, QUEBEC–(Marketwired – Jan. 12, 2017) – Valener Inc. (“Valener”) (TSX:VNR)(TSX:VNR.PR.A) and Gaz Métro Limited Partnership (“Gaz Métro”) plan to announce their first quarter 2017 results on Wednesday, February 8, 2017, at approximately 8:00 a.m. (ET).
A conference call to discuss the firm’s results will be held at 1:00 p.m. (ET) and will be open to the public.
Dial-in: 647-788-4922 or toll-free 877-223-4471
Webcast: accessible under “Events and presentations” in the “Investors” section of Valener’s web site
Replay: A replay of the call will be available for 30 days at 416-621-4642 or toll-free at 800-585-8367 (access code: 40885898). The webcast … Continue Reading