Day: May 12, 2022

Substantive improvement in retail leasing momentum across the portfolio with growth from both existing and new tenants; FFO per Unit(1) for Q1 2022 increased by $0.02 or 4.1% as compared to the same period in 2021; Progress in zoning approvals on strategic projects, together with improved market conditions, contributed to $237.7 million in incremental property values, leading to net income and comprehensive income for Q1 2022 increasing to $370.1 million compared to $60.6 million for the same period in 2021; from an increase of $1.71 per Unit; Total unencumbered assets(1) increased from $5.9 billion at March 31, 2021 to $8.4 billion at quarter end; and Continued advancement of non-retail pipeline of 283 projects representing approximately 59 million square feet across the network (41 million square feet at the Trust’s share).TORONTO,...

CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce our operating and financial results for the three months ended March 31, 2022. PPR’s unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022 (“Interim Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) are available on our website at www.ppr.ca and filed on SEDAR. MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer commented: “The production results from our first quarter Michichi drill campaign confirms the optimized wellbore placement in the lower Banff, and the benefit of increased stage count on initial production results. We will...

HOUSTON, May 11, 2022 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported first quarter 2022 financial and operating results and material subsequent events following the end of the quarter through the date of this release.Cash provided by operations of $7.7 million for the three ended March 31, 2022, with free cash flow (FCF) of $4.8 million for the same period.Realized natural gas prices of $4.04/Mcf including hedges ($4.55/Mcf excluding hedges) for the three months ended March 31, 2022.  Total net revenue interest (NRI) gas production averaged 26.1 MMcf/d (Working Interest of 30.1 MMcf/d) for the first quarter. There were 5 gross (.58 Net) wells shut-in at quarter end. Working interest exit rate for the third quarter was 25.3 MMcf/d.Auburn System gathered and delivered 18.3...