Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Midway Energy Ltd. have accepted the cash and share takeover offer from Whitecap Resources Inc. Midway Energy will be removed from the S&P/TSX SmallCap and Equity SmallCap Indices effective after the close of Wednesday, April 25, 2012.
Whitecap and Midway Energy are pleased to announce that they have successfully closed the previously announced plan of arrangement. Pursuant to the Arrangement, Whitecap acquired all of the issued and outstanding class A common shares of Midway for $111.35 million in cash and the issuance of an aggregate of 32.09 million common shares of Whitecap [...]
Midway Energy is pleased to announce its corporate update and financial and operating results for the year ended December 31. In February 2012 Midway closed a private placement of 6,000,000 units of the Company at a price of $3.50 per unit for total gross proceeds of $21 million. Each unit consisted of one common share and one half of a warrant [...]
Whitecap Resources and Midway Energy are pleased to announce that they have entered into an arrangement agreement providing for the acquisition by Whitecap of all the issued and outstanding common shares of Midway. Midway is a light oil weighted public company with its primary operations located in the Garrington area of Alberta where the majority [...]
Midway Energy is pleased to announce its financial and operating results for the nine months ended September 30, 2011. Midway's light oil properties contributed to record revenue in the third quarter of $28.11 million and funds from operations of $17.65 million ($0.19 per basic share);