Long Run is pleased to announce that it has closed its previously announced offering of $75,000,000 aggregate principal amount of convertible unsecured subordinated debentures at a price of $1,000 per Debenture. A syndicate co-led by National Bank Financial Inc. and Scotia Capital Inc. and including TD Securities Inc., CIBC World Markets Inc [...]
CALGARY, ALBERTA--(Marketwired - Jan 23, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that William Tang Kong, Vice President, Corporate Development, will be leaving the company for personal reasons. Mr. Tang Kong was a part of the initial recapitalization of Galleon Energy in August 2011 and has played an [...]
CALGARY, ALBERTA--(Marketwired - Jan 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.0335 per common share and per non-voting convertible share to be paid on February 14, 2014 to shareholders of record at the close of business on January [...]
Long Run is pleased to announce that it has entered into an agreement to sell, on a bought deal basis to a syndicate of underwriters co-led by National Bank Financial Inc. and Scotia Capital Inc., $75 million aggregate principal amount of 6.40% convertible unsecured subordinated debentures, due January 31, 2019 at a price of $1,000 per Debenture [...]
CALGARY, ALBERTA--(Marketwired - Dec 12, 2013) - Long Run Exploration Ltd. (TSX:LRE) ("Long Run" or the "Company") is pleased to announce an increased borrowing base under the syndicated credit facility of $475 million. Long Run is also pleased to announce the closing of an acquisition that adds approximately 450 boe per day of strategic light oil [...]
CALGARY, ALBERTA--(Marketwired - Nov 7, 2013) - Long Run Exploration Ltd. ("Long Run" or the "Corporation") (TSX:LRE) is pleased to announce its plans to transition to a balanced, intermediate producer focused on paying sustainable dividends and delivering moderate per share growth to shareholders. Long Run anticipates paying an initial monthly [...]
CALGARY, ALBERTA--(Marketwired - Nov 7, 2013) - Long Run Exploration Ltd. ("Long Run" or the "Corporation") (TSX:LRE) is pleased to report financial and operational results for the quarter ended September 30, 2013. The unaudited financial statements of Long Run for the quarter ended September 30, 2013 and the related Management's Discussion and [...]
CALGARY, ALBERTA--(Marketwired - Nov 5, 2013) - Long Run Exploration Ltd. ("Long Run" or the "Corporation") (TSX:LRE) announces the resignation of Mr. Michael McGovern from the Board of Directors effective immediately. On behalf of the Board of Directors and staff of Long Run, Bill Andrew, Chair and CEO, wishes to thank Mr. McGovern for his [...]
CALGARY, ALBERTA--(Marketwired - Oct 16, 2013) - Long Run Exploration Ltd. ("Long Run" or "the Company") (TSX:LRE) is pleased to announce the closing of the previously announced acquisition of properties and associated infrastructure (the "Acquisition") in the Company's core areas of Edmonton and Peace River. The focus of the Acquisition was on the [...]
CALGARY, ALBERTA--(Marketwired - Sep 13, 2013) - Long Run Exploration Ltd. ("Long Run" or "the Company") (TSX:LRE) announces the acquisition of properties and associated infrastructure (the "Acquisition") in the Company's core areas of Edmonton and Peace River from a senior independent energy company, and the sale of heavy oil and shallow natural [...]
CALGARY, ALBERTA--(Marketwired - Aug 7, 2013) - Long Run Exploration Ltd. ("Long Run") (TSX:LRE) and a syndicate of industry partners including Alberta Tubular Products Ltd., Canadian Energy Services & Technology Corp., Phoenix Technology Services LP, Trinidad Drilling Ltd., Cormark Securities Ltd., Cathedral Energy Services Ltd., Coral Hill Energy [...]
CALGARY, ALBERTA--(Marketwired - Jul 31, 2013) - Long Run Exploration Ltd. ("Long Run" or the "Corporation") (TSX:LRE) is pleased to report financial and operational results for the quarter ended June 30, 2013. The unaudited financial statements of Long Run for the quarter ended June 30, 2013 and the related Management's Discussion and Analysis [...]