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Sanchez Production Partners Reports First Quarter 2016 Results

May 16, 2016 | Sanchez Production (NYSE:SP) has reported its first quarter 2016 results.

As quoted in the press release:
Highlights from the report include:

A cash distribution to common unitholders of $0.4121 per common unit ($1.6484 per unit annualized) related to first quarter 2016 activity, which represents the second consecutive increase of 1.5% over the Partnership’s  … Read More

Serinus Announes First Quarter Financial and Operating Results for 2016

May 13, 2016 | Serinus Energy (TSX:SEN) has announced its financial and operating results for the quarter ended March 31, 2016.

As quoted in the press release:
First Quarter Highlights

In early February, Serinus closed the sale of all its interests in Ukraine. Total final consideration was $33.2 million including the previously disclosed $32.9 million plus subsequent working capital  … Read More

Ikkuma Resources Announces Closing of $10 Million Bought Deal

May 12, 2016 | Ikkuma Resources (TSXV:IKM) (the Corporation) has announced its completion of a bought deal private placement offering with a syndicate of underwriters led by Desjardins Securities, including TD Securities, FirstEnergy Capital and Acumen Capital Finance Partners.

As quoted in the press release:
The Corporation issued 14,085,000 common shares of Ikkuma on a “flow‑through”  … Read More

Bankers Petroleum Receives Certain Regulatory Approvals for Proposed Acquisition by Geo-Trade

May 10, 2016 | Bankers Petroleum (TSX:BNK) has announced that the proposed transaction has received necessary approvals from the Albanian Competition Authority, the Chinese National Development and Reform Commission and Ministry of Commerce of the People’s Republic of China through the Shanghai Free Trade Zone Management Committee.

As quoted in the press release:
Benefits of the  … Read More

Perpetual Energy Releases its First Quarter 2016 Financial and Operating Results

May 10, 2016 | Perpetual Energy (TSX:PMT) has reported its financial and operating results for the three months ending March 31, 2016.

As quoted in the press release:

Production and Operations

In light of the persistent deterioration of commodity prices, Perpetual continued to restrict its capital spending programs. Exploration and development spending of $4.8 million  … Read More

Coastal GasLink Pipeline Project Receives BC Oil and Gas Commission Construction Permits

May 5, 2016 | TransCanada Corporation (TSX:TRP) announced it has received the last two of 10 pipeline and facilities permits required from the BC Oil and Gas Commission for the Coastal GasLink Pipeline Project. It now has approval for construction and operation of the proposed pipeline.

Russ Girling, president and CEO said:
This is a significant  … Read More