|Bid||0.0300 x 0|
|Ask||0.0400 x 0|
|Day's Range||0.0300 - 0.0300|
|52 Week Range||0.0200 - 0.1000|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 29, 2019 - Apr 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.40|
Dalmac Energy Inc. ("Dalmac") (TSX Venture "DAL") wishes to announce that on April 29, 2019, Dalmac entered into an agreement to sell its Fox Creek Tank Farm (the "Tank Farm") to 1175317 Alberta Ltd. (the "Purchaser"), a corporation wholly owned by Mr. John Babic, a director and President and CEO of Dalmac, for an aggregate purchase price of $380,000 cash (the "Sale"). The Tank Farm represents approximately 1% of Dalmac's total assets and the purchase price for the asset was determined following the receipt by Dalmac of an independent appraisal. Also on April 29, 2019, the Purchaser agreed to provide a shareholder loan from the Purchaser in the amount of $420,000 (the "Shareholder Loan").
In 2003 John Babic was appointed CEO of Dalmac Energy Inc. (CVE:DAL). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After that, we will consider the g...
US east coast refineries – maintenance shut down creates extra pressure on pipeline network which contributes to system overload on pipelines and impairs oil and gas egress from Alberta. WCS oil price drops to $10/bbl in November. Alberta’s oil production storage inventory hits 35 million bbls which prompted the Alberta government to announce a production curtailment of approximately 325,000 bbs/day effective January 1st 2019. The curtailment will be reviewed monthly for trimming following inception and is expected to expire fully by end of 2019.
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