MERGERS & ACQUISITIONS & DISPOSITIONS - QUARTERLY REPORTS - PRODUCTION UPDATES - CORPORATE ANNOUNCEMENTS - FINANCIAL UPDATES -3RD PARTY REPORTS
Wednesday June 21 2017
Antler Hill Appoints New Board and Management
Antler Hill Oil & Gas Ltd. (NEX:AHO.H) (the "Corporation" or "Antler Hill"), a capital pool company listed on the NEX, announces that Victor Luhowy and Kenneth MacRitchie have resigned as directors and officers of the Corporation effective June 20, 2017 and the following individuals have been appointed, subject to TSX Venture Exchange acceptance, to fill the resulting vacancies: Matthew Wood, Peter Bures, Aneel Waraich, and Ali Haji. The Corporation wishes to thank Mr. Luhowy and Mr. MacRitchie for their dedication and wish them well in retirement.
After giving effect to the above-noted appointments, the Board of Directors of the Corporation will consist of four directors, provided the TSX Venture Exchange (the "Exchange") does not object to such nominations and such persons are eligible to act as directors pursuant to the requirements of applicable corporate law. The officers of the Corporation will be appointed by the Board of Directors, subject to Exchange acceptance, and will include
Matthew Wood as Chairman,
Peter Bures as Chief Executive Officer
Jing Peng as Chief Financial Officer
David D. Heighington as Corporate Secretary
The Corporation will proceed with a non-brokered private placement of up to 39,000,000 common shares (the "Shares") at $0.015 per Share for gross proceeds of up to $585,000 (the "Offering").
The pricing of the Offering is in reliance on the temporary relief measures established by the Exchange, and therefore the Offering and pricing of the Offering require approval of the Exchange having regard to the temporary relief criteria set out in the Exchange's bulletin of April 7, 2014, in relation to the extension and modification of temporary relief from certain pricing requirements (the "Temporary Relief Measures"). In order to comply with the Temporary Relief Measures, the board of directors is proposing to consolidate the Corporation's issued and outstanding common shares on a 1 for 3.3333333 basis, resulting in 1 new common share for every 3.3333333 old common shares. The consolidation will increase the Corporation's flexibility and competitiveness in the marketplace, and make the Corporation's securities more attractive to a wider audience of potential investors, thereby resulting in a more efficient market for the common shares. In order to complete the Offering, which is being made in reliance on the Temporary Relief Measures, the Corporation has provided a written undertaking to the Exchange to hold a special shareholders meeting to approve the consolidation within 180 days of completion of the Offering. A follow-up news release with further details will be issued when the special shareholders meeting has been convened.
SOURCE Antler Hill Oil & Gas Ltd.
Condor Announces Director Election Results
Condor Petroleum Inc. (TSX: CPI), a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, is pleased to announce that the following seven director nominees were elected at the annual meeting of shareholders held on June 22, 2017:
SOURCE Condor Petroleum Inc
InPlay Oil Corp. Announces Annual Meeting Results for Election of Directors
InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Corporation") is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held on June 22, 2017 (the "Meeting"). Each of the seven nominees proposed by InPlay and as set forth in the Information Circular - Proxy Statement provided to shareholders in connection with the Meeting were re-elected as directors, with common shares represented at the Meeting voting in favour of individual nominees as follows:
Douglas J. Bartole
Dennis L. Nerland
Stephen C. Nikiforuk
Dale O. Shwed
InPlay is based in Calgary, Alberta and our shares are traded on The Toronto Stock Exchange under the trading symbol "IPO". For further information about the Corporation, please visit our website at www.inplayoil.com.
SOURCE InPlay Oil Corp
Penn West Announces Webcast Details for the Presentation at the Annual and Special Meeting on June 26, 2017
PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is hosting its Annual and Special Meeting on Monday, June 26, 2017, beginning at 10:00 am Mountain Time (12:00 pm Eastern Time) at the Metropolitan Conference Centre, located at 333 – 4th Avenue SW, Calgary Alberta.
Scheduled as part of the meeting proceedings, Mr. David French, President and CEO, will address shareholders and provide a brief presentation on the Company. This address will be available on the Internet and may be accessed directly at the following URL:
A replay of the audio webcast will be available for replay one hour after the conclusion of the presentation on our website www.pennwest.com.
Electronic copies of our management proxy circular, financial statements, news releases, and other public information are available on our website at www.pennwest.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
Penn West shares are listed on the Toronto Stock Exchange under the symbol "PWT" and on the New York Stock Exchange under the symbol "PWE".
SOURCE Penn West
Tamarack Valley Energy Ltd. Reports Voting Results of Annual
General Meeting of Shareholders
Tamarack Valley Energy ("Tamarack" or the "Company") (TSX:TVE) announces that at its annual general meeting of the holders ("Shareholders") of common shares of Tamarack held on June 22, 2017 (the "Meeting"), the following nine director nominees were elected by way of ballot as directors of Tamarack to hold office until the next annual meeting of Shareholders or until their successors are duly elected or appointed, unless such office is vacated earlier in accordance with the Company's articles or by-laws:
David R. MacKenzie
At the Meeting, Shareholders also approved an ordinary resolution approving the appointment of KPMG LLP, Chartered Accountants, as auditors of the Company until the next annual meeting of Shareholders, at a remuneration to be fixed by the board of directors of Tamarack.
About Tamarack Valley Energy Ltd.
Tamarack is an oil and gas exploration and production company committed to long-term growth and the identification, evaluation and operation of resource plays in the Western Canadian Sedimentary Basin. Tamarack's strategic direction is focused on two key principles - targeting repeatable and relatively predictable plays that provide long-life reserves, and using a rigorous, proven modeling process to carefully manage risk and identify opportunities. The Company has an extensive inventory of low-risk, oil development drilling locations focused primarily in the Cardium and Viking fairways in Alberta that are economic over a range of oil and natural gas prices. With this type of portfolio and an experienced and committed management team, Tamarack intends to continue delivering on its strategy to maximize shareholder returns while managing its balance sheet.
SOURCE Tamarack Valley Energy Ltd.
Tidewater Midstream and Infrastructure Ltd. Confirms
Second Quarter 2017 Dividend
Tidewater Midstream and Infrastructure Ltd. (TSX VENTURE: TWM) (the "Corporation") is pleased to announce that its Board has declared a dividend for the second quarter 2017 of $0.01 per common share payable on or about July 31, 2017 to shareholders of record on June 30, 2017. The ex-dividend date is June 28, 2017. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).
The Corporation's Business
Tidewater is a public company listed on the TSX-V that was incorporated under the Alberta Business Corporations Act on February 4, 2015 to pursue the purchase, sale and transportation of natural gas and natural gas liquids ("NGLs") throughout North America and export to overseas markets. Tidewater is also engaged in the acquisition and development of oil and gas infrastructure, including gas plants, pipelines, NGLs by rail, export terminals and storage facilities. Tidewater continues to investigate opportunities with North American producers and mid-streamers for the acquisition and development of such infrastructure projects.
SOURCE Tidewater Midstream and Infrastructure Ltd.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.