Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for February 18, 2020 Payment Date

CALGARY, Jan. 15, 2020 - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on February 18, 2020 to all shareholders of record on January 31, 2020. The ex-dividend date for this payment is January 30, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). As previously announced, we are phasing out the Dividend Reinvestment Plan ("DRIP") over the course of 2020. We will be prorating the available DRIP shares by 25% each quarter starting in Q1 2020, until completely eliminated in Q4 2020. For those investors that would like to continue reinvesting the cash portion of their dividends in Vermilion shares, we encourage you to contact your brokerage firm about setting up an automated reinvestment plan to purchase shares on the open market.
Read more: Vermilion Energy Inc ( VET )

Inter Pipeline Announces January 2020 Cash Dividend

CALGARY, Jan. 9, 2020 - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.1425 per share for January 2020. This dividend will be paid on or about February 14, 2020 to shareholders of record on January 22, 2020. This dividend is designated as an "eligible dividend" for Canadian tax purposes.
 
Since inception, Inter Pipeline has distributed approximately $5.8 billion in cash payments to investors. Inter Pipeline's objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline's portfolio of growth projects.
Read more: Inter Pipeline Ltd ( IPL )

MEG Energy Responds to Husky Energy's Announcement of an Intention to Make an Unsolicited Offer

Shareholders Advised to Take No Action Pending Review of Offer
 
CALGARY, Sept. 30, 2018  - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Company") acknowledges today's announcement by Husky Energy Inc. ("Husky") that Husky intends to make an unsolicited offer to acquire all of the issued and outstanding common shares of MEG.
 
The MEG Board of Directors will consider and evaluate the Husky offer and related take-over bid circular, if and when received. To assist the Board in this process the Board has formed a special committee comprised of independent directors (the "Special Committee") and has retained financial and legal advisors. 
Read more: MEG Energy Corp ( MEG )

Molori Acquires 11,000 Acres with Red Cave Access and Plans to Drill 8 Wells as Operator 2017-10-26 09:39 ET - News Release

Borger, Texas--(Newsfile Corp. - October 26, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to announce the signing of a definitive agreement to secure a 75% working interest in certain oil and gas leases, known formally as the "Red Cave Leases" in District 10, Texas. The acquisition of these leases, covering 11,000 acres with access to Red Cave, and with access to other formations, is a key milestone of Phase 1 of Molori's development plan.

Phase 1 of Molori's development plan includes the acquisition of the Red Cave Leases, the identification of appraisal well locations upon the Red Cave Leases and the drilling of those appraisal wells. While engaged in Phase 1, the Company has already identified, and has been actively pursuing 40,000 additional acres, with access to Red Cave and other prospective formations.

Read more: Molori Energy Inc ( MOL )

Recon to Provide Wastewater Treatment Products and Services Totaling $2 million to Qinghai Oilfield

BEIJING, Oct. 24, 2017 -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that it will provide its proprietary chemical compound agents and microbiological treatment agents (the "Products") and relevant services for oily sewage treatments to Qinghai Oilfield Company ("Qinghai Oilfield"), a PetroChina Co., Ltd. ("PetroChina") subsidiary (the "Project"). Recon's revenue of the Project is expected to be RMB 13.11 million (approximately USD $2 million) over the course of one year, subject to the quantity of the Products actually used by Qinghai Oilfield. Recon expects to begin recording revenue under the Project in the current quarter. The Project represents a significant increase in size and scope over the Company's previous wastewater treatment agreements.
Read more: Recon Technology Ltd ( RCON )

Videos / Webinars

View all videos