CALGARY, March 1, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) announces its intention to issue up to US$300 million aggregate principal amount of 8 year senior unsecured notes (New Notes) in a private offering, subject to market and other conditions. The company intends to use the net proceeds from the New Notes to repay a portion of the debt outstanding on its revolving credit facility. The New Notes have not been and will not be registered under the Securities Act of [Read more]
Steelhead LNG Attracts International Project Finance Expertise to its Leadership Team
VANCOUVER, Feb. 28, 2017 /CNW/ - Steelhead LNG CEO Nigel Kuzemko announced today that the company has hired the former head of BBVA Securities' Project Finance North America business, as Chief Financial Advisor. Kerri L. Fox brings more than 20 years of experience structuring and executing financings for energy and infrastructure projects in Canada, the United States and Latin America, including liquefied natural gas projects. Fox will provide input and direction on Steelhead LNG's [Read more]
Painted Pony Announces 4.9 TCFE of Proved Plus Probable Reserves, 102% Increase in Proved Developed Producing Reserves, 2016 Year End Financial and Operating Results, and Operational Update
CALGARY, Feb. 27, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce strong finding and development ("F&D") costs, the third consecutive year of per Mcfe cash cost reductions, a 95% increase to funds flow from operations for 2016, further decreases in per-well capital expenses, and record-high production volumes during the fourth quarter of 2016. 2016 Reserve Highlights: Increased Total Proved ("1P") reserves by 31% to 2.7 [Read more]
Whitecap Resources Inc. Announces Continued Reserves Per Share Growth and Record Low Reserve Addition Costs Across All Categories
CALGARY, Feb. 27, 2017 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to present the results of our 2016 year end oil and gas independent reserves evaluation prepared by McDaniel & Associates Consultants Ltd. ("McDaniels"). Whitecap achieved exceptionally low cost organic reserve additions and growth in 2016 after spending only $174 million of field capital (26% reduction compared to the previous year) which represented only 45% of our funds flow. [Read more]
Pembina Pipeline Corporation Files 2016 Year-End Disclosure Documents
CALGARY, Feb. 24, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has filed its audited Consolidated Financial Statements for the year ended December 31, 2016 as well as related Management's Discussion and Analysis, with Canadian securities regulatory authorities. Pembina has also filed its Form 40-F for the year ended December 31, 2016 with the U.S. Securities and Exchange Commission. Investors and other stakeholders can obtain these documents [Read more]
Enerplus Announces Fourth Quarter and Year-end 2016 Financial and Operating Results and 2016 Year-end Reserves
All financial information contained within this news release has been prepared in accordance with U.S. GAAP. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Reserves, Resources and Operational Information", "Notice to U.S. Readers" and "Non-GAAP Measures" [Read more]
Questerre reports preliminary year-end results
\CALGARY, Feb. 23, 2017 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its fourth quarter 2016 results and preliminary financial and operating results for the year ended December 31, 2016. The Company also reported certain results of its December 31, 2016 Reserves Assessment and Evaluation of its oil and natural gas properties, as evaluated by McDaniel & Associates Consultants Ltd.("McDaniel") with an effective date of December 31, 2016, [Read more]
Northern Blizzard Resources Inc. Announces Conference Call on Fourth Quarter and Year-End 2016 Results
CALGARY, Feb. 23, 2017 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) will release its fourth quarter and year-end 2016 financial and operating results prior to the opening of markets on March 10, 2017. Northern Blizzard will host a conference call on March 10, 2017, starting at 9:00AM MT (11:00AM ET), to review the Company's fourth quarter and year-end 2016 results. Participants can access the conference call by dialing (403) 532-5601 or [Read more]
Altura Energy Inc. Grows its 2016 PDP Reserves Per Share by 153%
CALGARY, Feb. 23, 2017 /CNW/ - Altura Energy Inc. ("Altura" or the "Company") (TSX Venture: ATU) is pleased to announce the results of the independent evaluation of the Company's oil and natural gas reserves (the "McDaniel Report"), effective December 31, 2016, as prepared by McDaniel and Associates Consultants Ltd. ("McDaniel"). Altura's audit of its 2016 annual financial statements is not yet complete and accordingly all financial amounts referred to in this news release are unaudited and [Read more]
Pembina Pipeline Corporation Reports Record Annual Results in 2016
Execution of strategy and growth delivered record operational and financial results in 2016All financial figures are in Canadian dollars unless noted otherwise. CALGARY, Feb. 23, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth quarter of 2016. Financial Overview ($ millions, except where noted) 3 Months Ended December 31 [Read more]
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