Headlines for Sept. 1, 2017

  1. RMP Energy Announces $80 Million Disposition Of Assets And Name Change

    RMP Energy Inc. has entered into a definitive purchase and sale agreement with Tangle Creek Energy Ltd. pursuant to which Tangle Creek will acquire all of RMP’s crude oil and natural gas interests in the Waskahigan/Grizzly, Kaybob, Gilby, Pine Creek areas of west-central Alberta in addition to other minor Alberta properties for total consideration of $80 million, subject to customary closing adjustments.

  2. Niko Provides Corporate Update

    In order to fund the projected cash requirements of Niko Resources Ltd.'s assets in India and its other cash requirements over the next few months, the company requested consent from the lenders under its amended and restated facilities agreement to use a portion of the funds in a restricted cash reserve account.

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