Equal Energy announces that the common stock dividend payment of US$0.05 per share that was paid to shareholders upon closing of the previously announced arrangement among Equal Energy, the shareholders of Equal, Petroflow Energy Corporation and Petroflow Canada Acquisition Corp., has resulted in an adjustment to its outstanding 6.75% Convertible [...]
Petroflow Energy and Equal Energy announce that, in connection with the acquisition of Equal by Petroflow by way of plan of arrangement completed earlier today, Equal has defeased all of the outstanding 6.75% convertible, unsecured, junior, subordinated debentures due March 31 by depositing cash, in trust with the trustee under the indenture [...]
Petroflow Energy and Equal Energy are pleased to announce that the previously announced acquisition of Equal by Petroflow by way of plan of arrangement has been completed. Under the Arrangement, Petroflow Canada Acquisition Corp., a wholly-owned subsidiary of Petroflow, acquired all of the issued and outstanding common shares of Equal for [...]
Equal Energy is pleased to announce that the Court of Queen's Bench of Alberta has granted its Final Order approving the previously announced plan of Arrangement under the Business Corporations Act (Alberta), involving Equal, the holders of common shares, Petroflow Energy Corp. and Petroflow Canada Acquisition Corp, a wholly-owned subsidiary of [...]
Equal Energy is pleased to announce the results of its special meeting of the holders of common shares, held on July 8, 2014, to consider and vote on, among other matters, a plan of arrangement, under the Business Corporations Act (Alberta), involving Equal, Equal Shareholders, Petroflow Energy and Petroflow Canada Acquisition Corp, a wholly-owned [...]
Equal Energy announced today that Glass Lewis & Co. has recommended that shareholders vote FOR the acquisition of Equal by a subsidiary of Petroflow Energy Corporation. Glass Lewis is the second major independent proxy advisor to support the transaction. As previously disclosed, last week Equal Energy announced that proxy advisor Institutional [...]
Lawndale Capital Management, LLC and its affiliate funds own more than 1.769 million, or more than 4.9%, of the shares of Equal Energy Ltd. entitled to vote on matters relating to Equal's proposed acquisition by Petroflow Energy Corp for $5.43/share (plus an additional $0.05/share dividend) at the Company's upcoming July 8, 2014 Special Meeting.
Equal Energy announced today that Institutional Shareholder Services Inc. has recommended that shareholders vote FOR the acquisition of Equal by a subsidiary of Petroflow Energy Corporation. ISS also recommended that shareholders vote FOR the non-binding advisory proposal to approve the compensation that might become payable to Equal's named [...]
Equal Energy today announced it has filed a definitive management information circular and proxy statement with respect to a proposed plan of arrangement under the Business Corporations Act (Alberta) involving Equal, the shareholders of Equal, Petroflow Energy Corporation and Petroflow Canada Acquisition. Equal's Board of Directors recommends in [...]
Equal Energy announces that the May 28, 2014 common stock dividend payment of US $0.05 per share has resulted in an adjustment to its outstanding 6.75% Convertible Debentures due March 31. Under the terms of the indenture, the conversion price for the Debentures is reduced from CAD $8.55 to $8.47. In addition, each Debenture is now convertible [...]
OKLAHOMA CITY, May 8, 2014 /CNW/ - Equal Energy Ltd. ("Equal", "the Company", "we" or "our") (NYSE: EQU; TSX: EQU) is pleased to announce our operating and financial results for the three months ended March 31, 2014. All dollar amounts are in U.S. dollars unless otherwise indicated and volumes are net of royalty payments. "Equal's first quarter [...]
Equal Energy today announced that it has signed an amended Gas Purchase and Processing Agreement with Scissortail Energy, a subsidiary of Kinder Morgan. Equal previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2013 that the Agreement would terminate on April 30, 2014. The primary amendments to the Agreement [...]