Toscana Energy (TSCEF) 1.7465 $TSCEF Toscana En
Post# of 273249
Posted On: 09/20/2016 9:18:08 PM
Toscana Energy (TSCEF) 1.7465 $TSCEF
Toscana Energy Announces Closing of $12.5 Million Asset Disposition and Amended Credit Facilities
GlobeNewswire - Mon Sep 19, 5:34PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) is pleased to announce that it has closed its previously announced disposition of its non-operated oil and natural gas interests in northwestern Alberta (the "Assets" for total cash consideration of $12.5 million, subject to any industry standard post-closing adjustments. Details of the Asset disposition were outlined in the Corporation's press release dated August 17, 2016.
TEI.TO: 2.19 (+0.02)
Toscana Energy Completes Review of Its Credit Facilities
GlobeNewswire - Mon Aug 22, 7:24AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation" (TSX:TEI) is pleased to announce the completion of the semi-annual review of its credit facilities. As a result of the review, the Corporation has agreed to certain amendments to its credit facilities which have been reduced from $48 million to $43 million with the next review scheduled to occur on October 1, 2016.
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Asset Disposition
GlobeNewswire - Wed Aug 17, 7:24AM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation" (TSX:TEI) is pleased to announce that it has sold its non-operated oil and natural gas interests in northwestern Alberta (the "Assets" for total cash consideration of $12.5 million ($82,237 / flowing barrel) subject to customary closing adjustments. The disposition of the Assets has an effective date of July 1, 2016 and is expected to close on or about September 15, 2016.
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Second Quarter 2016 Results
GlobeNewswire - Thu Jul 28, 4:30PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation" (TSX:TEI) announces financial and operating results for the second quarter ended June 30, 2016.
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces First Quarter 2016 Results
GlobeNewswire - Thu May 05, 8:17PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation" (TSX:TEI) announces financial and operating results for the first quarter ended March 31, 2016.
TEI.TO: 2.19 (+0.02)
Toscana Energy Will Not Proceed With the Acquisition of Oil Assets, Will Decrease Its Monthly Dividend and Confirms January Dividend
GlobeNewswire - Tue Jan 12, 4:48PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) announces that it will not proceed with the previously disclosed acquisition of assets that produce 300 barrels a day of light oil production, for $15,000,000 in cash, as outlined in the press release dated November 25, 2015. The significant erosion in energy prices coupled with very soft debt and financial markets are the main drivers in the decision.
TEI.TO: 2.19 (+0.02)
Toscana Energy Stops Active Operation of Its Dividend Reinvestment Plan
GlobeNewswire - Tue Jan 05, 7:46AM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) announces that it plans to stop the active operation of its Dividend Reinvestment Plan ("DRIP" effective after payment of Toscana Energy's recently announced December dividend. The DRIP will remain in place in the event Toscana Energy decides to reactive the DRIP at a future date.
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms December Dividend
GlobeNewswire - Tue Dec 15, 10:33AM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on January 15, 2016 in respect of December 2015 production of the Company for shareholders of record on December 31, 2015. The ex-dividend date is December 29, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.305 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Acquisition of Oil Assets
GlobeNewswire - Wed Nov 25, 7:21PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation" (TSX:TEI) is pleased to announce that it has entered into a Purchase and Sale Agreement to acquire assets (the "Assets" that produce, on average, 300 barrels a day of long life operated light oil production in southern Alberta, for $15,000,000 in cash. This acquisition represents the fourth purchase of large resource in place oil reserves this year adding to Toscana Energy's portfolio of gross overriding royalty (GORR) interests and liquid rich natural gas assets.
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms November Dividend
GlobeNewswire - Mon Nov 16, 3:01PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on December 15, 2015 in respect of November 2015 production of the Company for shareholders of record on November 30, 2015. The ex-dividend date is November 26, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.205 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Third Quarter 2015 Results
GlobeNewswire - Thu Nov 05, 4:00PM CST
Toscana Energy Income Corporation ("TEI" or the "Corporation" (TSX:TEI) announces financial and operating results for the third quarter ended September 30, 2015.
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms October Dividend
GlobeNewswire - Fri Oct 16, 6:00AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on November 16, 2015 in respect of October 2015 production of the Company for shareholders of record on October 30, 2015. The ex-dividend date is October 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.105 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms September Dividend
GlobeNewswire - Fri Sep 18, 4:43PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on October 15, 2015 in respect of September 2015 production of the Company for shareholders of record on September 30, 2015. The ex-dividend date is September 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.005 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Correction to Ex-Dividend Date for August Dividend
GlobeNewswire - Thu Aug 20, 7:11PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) announces a correction to the ex-dividend date for its previously announced August 2015 dividend of $0.10 per common share of the Company to be paid on September 15, 2015. The ex-dividend date will be August 27, 2015 (rather than August 28, 2015 as previously announced). The record date of August 31, 2015 and dividend payment date of September 15, 2015 remain unaffected. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms August Dividend
GlobeNewswire - Tue Aug 18, 5:26PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on September 15, 2015 in respect of August 2015 production of the Company for shareholders of record on August 31, 2015. The ex-dividend date is August 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $0.905 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada).
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Renewal of Credit Facility
GlobeNewswire - Tue Aug 18, 8:00AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) is pleased to announce the renewal of its revolving operating credit facility with its senior lender. The facility has been renewed at its existing level of $48 million and at substantially the same rates and terms as the previous facility with its next review scheduled for November 1, 2015. Toscana Energy has drawn approximately $30 million on the facility to date, leaving approximately $18 million available to support additional strategic acquisitions.
TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms Closing of Royalty Revenue Acquisition
GlobeNewswire - Mon Aug 10, 10:55AM CDT
Toscana Energy Income Corporation ("Toscana Energy" (TSX:TEI) is pleased to announce that it continues to build its royalty revenue stream through the acquisition of an $11,500,000 Gross Overriding Royalty ("GORR" over a five (5) well drilling program in northwestern Alberta. Toscana Energy's GORR will be generated via drilling infill locations over a proven Montney reserve base. Royalty rates will range from 8 -12% over these wells.
TEI.TO: 2.19 (+0.02)
Toscana Energy Reports Voting Results of Annual Meeting of Shareholders
GlobeNewswire - Wed Aug 05, 5:25PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) held its annual meeting of shareholders on May 27, 2015 in Calgary, Alberta. A total of 955,861 common shares ("Common Shares" of the Company, representing approximately 13.34% of Common Shares, were represented in person or by proxy at the meeting.
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Chief Financial Officer Transition and Interim Chief Financial Officer Appointment
GlobeNewswire - Fri Jul 31, 4:04PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company" (TSX:TEI) announces that its board of directors (the "Board" has appointed Anand Ramnath as Interim Chief Financial Officer of Toscana Energy effective July 31, 2015. This appointment follows the departure of Shawna Chicilo as the Company's Chief Financial Officer.
TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Closing of $12.5 Million Asset Disposition and Amended Credit Facilities
GlobeNewswire - Mon Sep 19, 5:34PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) is pleased to announce that it has closed its previously announced disposition of its non-operated oil and natural gas interests in northwestern Alberta (the "Assets" for total cash consideration of $12.5 million, subject to any industry standard post-closing adjustments. Details of the Asset disposition were outlined in the Corporation's press release dated August 17, 2016. TEI.TO: 2.19 (+0.02)
Toscana Energy Completes Review of Its Credit Facilities
GlobeNewswire - Mon Aug 22, 7:24AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation"
(TSX:TEI) is pleased to announce the completion of the semi-annual review of its credit facilities. As a result of the review, the Corporation has agreed to certain amendments to its credit facilities which have been reduced from $48 million to $43 million with the next review scheduled to occur on October 1, 2016. TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Asset Disposition
GlobeNewswire - Wed Aug 17, 7:24AM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) is pleased to announce that it has sold its non-operated oil and natural gas interests in northwestern Alberta (the "Assets" for total cash consideration of $12.5 million ($82,237 / flowing barrel) subject to customary closing adjustments. The disposition of the Assets has an effective date of July 1, 2016 and is expected to close on or about September 15, 2016. TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Second Quarter 2016 Results
GlobeNewswire - Thu Jul 28, 4:30PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) announces financial and operating results for the second quarter ended June 30, 2016. TEI.TO: 2.19 (+0.02)
Toscana Energy Announces First Quarter 2016 Results
GlobeNewswire - Thu May 05, 8:17PM CDT
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) announces financial and operating results for the first quarter ended March 31, 2016. TEI.TO: 2.19 (+0.02)
Toscana Energy Will Not Proceed With the Acquisition of Oil Assets, Will Decrease Its Monthly Dividend and Confirms January Dividend
GlobeNewswire - Tue Jan 12, 4:48PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) announces that it will not proceed with the previously disclosed acquisition of assets that produce 300 barrels a day of light oil production, for $15,000,000 in cash, as outlined in the press release dated November 25, 2015. The significant erosion in energy prices coupled with very soft debt and financial markets are the main drivers in the decision. TEI.TO: 2.19 (+0.02)
Toscana Energy Stops Active Operation of Its Dividend Reinvestment Plan
GlobeNewswire - Tue Jan 05, 7:46AM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) announces that it plans to stop the active operation of its Dividend Reinvestment Plan ("DRIP" effective after payment of Toscana Energy's recently announced December dividend. The DRIP will remain in place in the event Toscana Energy decides to reactive the DRIP at a future date. TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms December Dividend
GlobeNewswire - Tue Dec 15, 10:33AM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on January 15, 2016 in respect of December 2015 production of the Company for shareholders of record on December 31, 2015. The ex-dividend date is December 29, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.305 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Acquisition of Oil Assets
GlobeNewswire - Wed Nov 25, 7:21PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation"
(TSX:TEI) is pleased to announce that it has entered into a Purchase and Sale Agreement to acquire assets (the "Assets" that produce, on average, 300 barrels a day of long life operated light oil production in southern Alberta, for $15,000,000 in cash. This acquisition represents the fourth purchase of large resource in place oil reserves this year adding to Toscana Energy's portfolio of gross overriding royalty (GORR) interests and liquid rich natural gas assets. TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms November Dividend
GlobeNewswire - Mon Nov 16, 3:01PM CST
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on December 15, 2015 in respect of November 2015 production of the Company for shareholders of record on November 30, 2015. The ex-dividend date is November 26, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.205 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Third Quarter 2015 Results
GlobeNewswire - Thu Nov 05, 4:00PM CST
Toscana Energy Income Corporation ("TEI" or the "Corporation"
(TSX:TEI) announces financial and operating results for the third quarter ended September 30, 2015. TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms October Dividend
GlobeNewswire - Fri Oct 16, 6:00AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on November 16, 2015 in respect of October 2015 production of the Company for shareholders of record on October 30, 2015. The ex-dividend date is October 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.105 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms September Dividend
GlobeNewswire - Fri Sep 18, 4:43PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on October 15, 2015 in respect of September 2015 production of the Company for shareholders of record on September 30, 2015. The ex-dividend date is September 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $1.005 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Correction to Ex-Dividend Date for August Dividend
GlobeNewswire - Thu Aug 20, 7:11PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) announces a correction to the ex-dividend date for its previously announced August 2015 dividend of $0.10 per common share of the Company to be paid on September 15, 2015. The ex-dividend date will be August 27, 2015 (rather than August 28, 2015 as previously announced). The record date of August 31, 2015 and dividend payment date of September 15, 2015 remain unaffected. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms August Dividend
GlobeNewswire - Tue Aug 18, 5:26PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share" to be paid on September 15, 2015 in respect of August 2015 production of the Company for shareholders of record on August 31, 2015. The ex-dividend date is August 28, 2015. Once paid, total cash dividends distributed by the Company to holders of Common Shares during the 2015 calendar year will be $0.905 per Common Share. This dividend is an eligible dividend for purposes of the Income Tax Act (Canada). TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Renewal of Credit Facility
GlobeNewswire - Tue Aug 18, 8:00AM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) is pleased to announce the renewal of its revolving operating credit facility with its senior lender. The facility has been renewed at its existing level of $48 million and at substantially the same rates and terms as the previous facility with its next review scheduled for November 1, 2015. Toscana Energy has drawn approximately $30 million on the facility to date, leaving approximately $18 million available to support additional strategic acquisitions. TEI.TO: 2.19 (+0.02)
Toscana Energy Confirms Closing of Royalty Revenue Acquisition
GlobeNewswire - Mon Aug 10, 10:55AM CDT
Toscana Energy Income Corporation ("Toscana Energy"
(TSX:TEI) is pleased to announce that it continues to build its royalty revenue stream through the acquisition of an $11,500,000 Gross Overriding Royalty ("GORR" over a five (5) well drilling program in northwestern Alberta. Toscana Energy's GORR will be generated via drilling infill locations over a proven Montney reserve base. Royalty rates will range from 8 -12% over these wells. TEI.TO: 2.19 (+0.02)
Toscana Energy Reports Voting Results of Annual Meeting of Shareholders
GlobeNewswire - Wed Aug 05, 5:25PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) held its annual meeting of shareholders on May 27, 2015 in Calgary, Alberta. A total of 955,861 common shares ("Common Shares" of the Company, representing approximately 13.34% of Common Shares, were represented in person or by proxy at the meeting. TEI.TO: 2.19 (+0.02)
Toscana Energy Announces Chief Financial Officer Transition and Interim Chief Financial Officer Appointment
GlobeNewswire - Fri Jul 31, 4:04PM CDT
Toscana Energy Income Corporation ("Toscana Energy" or the "Company"
(TSX:TEI) announces that its board of directors (the "Board" has appointed Anand Ramnath as Interim Chief Financial Officer of Toscana Energy effective July 31, 2015. This appointment follows the departure of Shawna Chicilo as the Company's Chief Financial Officer. TEI.TO: 2.19 (+0.02)
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