Latest Shoreline Energy (SHGCF) Headlines Lilis
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Posted On: 03/11/2014 8:31:55 AM
Latest Shoreline Energy (SHGCF) Headlines
Lilis Energy to Acquire Shoreline Energy
GlobeNewswire - Thu Feb 06, 5:00AM CST
Lilis Energy, Inc. (Nasdaq:LLEX) announced today that it has entered into a letter of intent (LOI) to acquire all of the issued and outstanding common shares of Calgary-based Shoreline Energy Corp. (Toronto Stock Exchange: SEQ). The Boards of Directors of Lilis Energy and Shoreline Energy, subject to completion of due diligence, as well as negotiation and execution of a definitive agreement in respect of the transaction, have unanimously approved entering into the LOI.
Shoreline Provides Dividend Update
Marketwire - Wed Dec 11, 7:54AM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") announces that the Board of Directors intends to delay declaration of any dividends to the time of closing of the previously announced joint venture between the Company and Acceleration Resources. The joint venture is currently expected to close on or before January 31, 2014. The Company remains committed to a sustainable dividend policy and any dividends declared will be declared in accordance with the Company's Dividend Policy.
Shoreline Energy Corp. Increases Montney Land Position
Marketwire - Mon Dec 02, 7:02AM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it has closed a strategic acquisition whereby the Company has acquired 27,171 net acres of land, increasing its holdings in its high impact Montney project area, including additional ownership in previously announced pool discoveries. Approximately half of the newly acquired lands are situated in the Montney light oil and gas fairway, with 1,920 net acres immediately offsetting the Company's previously announced Montney discovery wells which came on stream earlier in 2013 with first month production rates of between 163 and 422 barrels of oil equivalent per day (BOED) based on first month production periods of 86 and 255 hours respectively.
Shoreline Energy Corp. Announces Third Quarter Results
Marketwire - Thu Nov 14, 2:57PM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce financial and operating results from the third quarter of 2013.
Shoreline Updates Corporate Guidance
Marketwire - Wed Nov 06, 3:01PM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to provide updated guidance following the October 31 announced credit facility closing and ATB credit facility renewal.
Shoreline Energy Corp. Closes Acceleration Resources Loan
Marketwire - Fri Nov 01, 7:12AM CDT
Shoreline Energy Corp. (the "Company" or "Shoreline") (TSX: SEQ) is pleased to announce it has closed an upsized US$3,000,000 loan facility (the "New Facility") with Acceleration Resources ("Acceleration") as announced in the Company's press release of September 30, 2013 (the "September 30 Release"). A portion of the proceeds of the New Facility have been paid to Shoreline's primary lender, Alberta Treasury Branches ("ATB"), in partial prepayment of the Company's existing debt facility. As a result of this payment and of the New Facility, Shoreline is in full compliance with its covenants under the ATB facility.
Shoreline Energy Corp. to Host Investor Conference Call
Marketwire - Mon Oct 14, 1:00PM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it will host a conference call on Thursday October 17th, 2013 to discuss its Joint Venture with Acceleration Resources, LLC.
Shoreline Energy Corp. Announces Quarterly Dividend
Marketwire - Tue Sep 03, 9:22AM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that its Board of Directors has declared a Cdn $0.12 dividend per share in accordance with its Dividend Policy for holders of Shoreline Common Shares as follows;
Shoreline Energy Corp. Announces Credit Facility Extension
Marketwire - Fri Aug 30, 1:56PM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it has received a 30 day extension from its lender ATB Financial to comply with certain working capital covenants under the terms of its loan facility. Shoreline requested the extension in order to have adequate time to complete closing of a new credit facility secured against its US assets which are not included in the Company's current borrowing base.
Shoreline Energy Corp. Announces Second Quarter Results
Marketwire - Wed Aug 14, 9:06PM CDT
Shoreline Energy Corp. ("Shoreline" or the "Company") (TSX: SEQ) is pleased to announce financial and operating results from the second quarter of 2013.
Shoreline Provides Corporate Update and 2013 Guidance
Marketwire - Tue Aug 06, 7:02AM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce the following corporate update and guidance for the remainder of 2013.
Lilis Energy to Acquire Shoreline Energy
GlobeNewswire - Thu Feb 06, 5:00AM CST
Lilis Energy, Inc. (Nasdaq:LLEX) announced today that it has entered into a letter of intent (LOI) to acquire all of the issued and outstanding common shares of Calgary-based Shoreline Energy Corp. (Toronto Stock Exchange: SEQ). The Boards of Directors of Lilis Energy and Shoreline Energy, subject to completion of due diligence, as well as negotiation and execution of a definitive agreement in respect of the transaction, have unanimously approved entering into the LOI.
Shoreline Provides Dividend Update
Marketwire - Wed Dec 11, 7:54AM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") announces that the Board of Directors intends to delay declaration of any dividends to the time of closing of the previously announced joint venture between the Company and Acceleration Resources. The joint venture is currently expected to close on or before January 31, 2014. The Company remains committed to a sustainable dividend policy and any dividends declared will be declared in accordance with the Company's Dividend Policy.
Shoreline Energy Corp. Increases Montney Land Position
Marketwire - Mon Dec 02, 7:02AM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it has closed a strategic acquisition whereby the Company has acquired 27,171 net acres of land, increasing its holdings in its high impact Montney project area, including additional ownership in previously announced pool discoveries. Approximately half of the newly acquired lands are situated in the Montney light oil and gas fairway, with 1,920 net acres immediately offsetting the Company's previously announced Montney discovery wells which came on stream earlier in 2013 with first month production rates of between 163 and 422 barrels of oil equivalent per day (BOED) based on first month production periods of 86 and 255 hours respectively.
Shoreline Energy Corp. Announces Third Quarter Results
Marketwire - Thu Nov 14, 2:57PM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce financial and operating results from the third quarter of 2013.
Shoreline Updates Corporate Guidance
Marketwire - Wed Nov 06, 3:01PM CST
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to provide updated guidance following the October 31 announced credit facility closing and ATB credit facility renewal.
Shoreline Energy Corp. Closes Acceleration Resources Loan
Marketwire - Fri Nov 01, 7:12AM CDT
Shoreline Energy Corp. (the "Company" or "Shoreline") (TSX: SEQ) is pleased to announce it has closed an upsized US$3,000,000 loan facility (the "New Facility") with Acceleration Resources ("Acceleration") as announced in the Company's press release of September 30, 2013 (the "September 30 Release"). A portion of the proceeds of the New Facility have been paid to Shoreline's primary lender, Alberta Treasury Branches ("ATB"), in partial prepayment of the Company's existing debt facility. As a result of this payment and of the New Facility, Shoreline is in full compliance with its covenants under the ATB facility.
Shoreline Energy Corp. to Host Investor Conference Call
Marketwire - Mon Oct 14, 1:00PM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it will host a conference call on Thursday October 17th, 2013 to discuss its Joint Venture with Acceleration Resources, LLC.
Shoreline Energy Corp. Announces Quarterly Dividend
Marketwire - Tue Sep 03, 9:22AM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that its Board of Directors has declared a Cdn $0.12 dividend per share in accordance with its Dividend Policy for holders of Shoreline Common Shares as follows;
Shoreline Energy Corp. Announces Credit Facility Extension
Marketwire - Fri Aug 30, 1:56PM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce that it has received a 30 day extension from its lender ATB Financial to comply with certain working capital covenants under the terms of its loan facility. Shoreline requested the extension in order to have adequate time to complete closing of a new credit facility secured against its US assets which are not included in the Company's current borrowing base.
Shoreline Energy Corp. Announces Second Quarter Results
Marketwire - Wed Aug 14, 9:06PM CDT
Shoreline Energy Corp. ("Shoreline" or the "Company") (TSX: SEQ) is pleased to announce financial and operating results from the second quarter of 2013.
Shoreline Provides Corporate Update and 2013 Guidance
Marketwire - Tue Aug 06, 7:02AM CDT
Shoreline Energy Corp. (TSX: SEQ) ("Shoreline" or the "Company") is pleased to announce the following corporate update and guidance for the remainder of 2013.
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