Results of the Semi-Annual Review of the S&P/TSX Revenue Exposure Indices TORONTO, Nov. 10, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the semi-annual review of the S&P/TSX Revenue Exposure Indices. These changes will be effective prior to the open of trading on Monday, November 20, 2017. S&P/TSX Composite Focused Canada Revenue Exposure Index November [...]
CALGARY, Nov. 9, 2017 /CNW/ - OIL AND GAS OPERATIONS Paramount completed two major transactions in the third quarter of 2017, acquiring Apache Canada Ltd. in August and completing a merger with Trilogy Energy Corp. in September. During October 2017, the first full month of operations for the combined entities, Paramount's estimated sales volumes averaged over 98,000 Boe/d . Average sales volumes for the fourth quarter are [...]
A Deletion from the S&P/TSX SmallCap Index TORONTO, Sept. 12, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Under a court-approved Arrangement Agreement, Trilogy Energy Corp. (TSX:TET) will merge with Paramount Resources Ltd. (TSX:POU). Terms are 1 share of POU for every 3.75 shares of TET. Trilogy Energy Corp. will be removed from the S&P/TSX [...]
CALGARY, Sept. 12, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount") and Trilogy Energy Corp. (TSX: TET) ("Trilogy") are pleased to announce that the previously announced merger of Paramount and Trilogy has been completed. Under the merger, Paramount has acquired all of the outstanding Trilogy shares not already owned by it in exchange for Paramount shares, on the basis of one Paramount share for every 3.75 [...]
Paramount Resources is pleased to announce that it has received shareholder approval for its previously announced merger with Trilogy Energy at its special meeting of shareholders held today. The percentage of the total votes cast under the minority approval requirements that were voted in favour of the merger exceeded 98%. Shareholders also elected an additional three directors — Wilfred Gobert, Robert MacDonald and [...]
CALGARY, Aug. 30, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount") and Trilogy Energy Corp. (TSX: TET) ("Trilogy") are pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co. ("Glass Lewis"), two independent proxy advisory firms that provide voting recommendations to institutional investors, have recommended that shareholders of both Paramount and Trilogy vote for the [...]
CALGARY, Aug. 16, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has completed its previously announced acquisition of Apache Canada Ltd., which has been re-named Paramount Resources (ACL) Ltd. The special meetings of shareholders of Paramount and Trilogy Energy Corp. ("Trilogy") to consider and vote on the proposed merger of Paramount and Trilogy have been [...]
CALGARY, Aug. 9, 2017 /CNW/ - OIL AND GAS OPERATIONS Paramount's second quarter 2017 sales volumes averaged 18,367 Boe/d (52 percent Liquids), including approximately 12,700 Boe/d (60 percent Liquids) from Karr-Gold Creek. Liquids sales revenue totaled $45.4 million in the second quarter of 2017, 74 percent of the Company's total petroleum and natural gas sales revenue. Company sales volumes averaged approximately [...]
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices TORONTO, July 14, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Composite Shareholder Yield and the S&P/TSX Composite Buyback Indices Reviews. These changes will be effective prior to the open of trading on Monday, July 24, 2017. S&P/TSX [...]
CALGARY, July 6, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has entered into an agreement with certain subsidiaries of Apache Corp. to acquire Apache Canada Ltd. ("Apache Canada") for $459.5 million, plus working capital and other monetary adjustments (the "Apache Canada Acquisition"). Paramount plans to fund the Apache Canada Acquisition with cash on [...]
Trilogy Energy Corp. announces that it has agreed to merge with Paramount Resources Ltd. Under the merger, Paramount would acquire all of the common shares and non-voting shares of Trilogy not already owned by Paramount in exchange for Class A common shares of Paramount on the basis of one Paramount share for every 3.75 Trilogy shares. Paramount today announced that it has also entered into an agreement to acquire Apache [...]
CALGARY, May 30, 2017 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX: POU) is pleased to announce that it has closed its previously announced sale of its oil and gas properties in the Valhalla area of Alberta for cash consideration of approximately $150 million. About Paramount Paramount is an independent, publicly traded, Canadian energy company that explores and develops unconventional and conventional [...]
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