EDMONTON, July 30, 2015 /CNW/ - ZCL Composites Inc. (TSX: ZCL) today announced financial results for the second quarter and six months ended June 30, 2015. Q2 2015 compared with Q2 2014 Revenue of $46.7 million, up $5.0 million or 12% from $41.7 million; Net income of $3.4 million or $0.11 per fully diluted share, down $1.1 million or 24% from $4.5 million or $0.15 per fully diluted share; Adjusted EBITDA of $6.1 million (13% of revenue), down $1.3 million or 18% from $7.4 million (18% of [Read more]
Archives for July 2015
ZCL Composites Reports Second Quarter 2015 Financial Results
EDMONTON, July 30, 2015 /CNW/ - ZCL Composites Inc. (TSX: ZCL) today announced financial results for the second quarter and six months ended June 30, 2015. Q2 2015 compared with Q2 2014 Revenue of $46.7 million, up $5.0 million or 12% from $41.7 million; Net income of $3.4 million or $0.11 per fully diluted share, down $1.1 million or 24% from $4.5 million or $0.15 per fully diluted share; Adjusted EBITDA of $6.1 million (13% of revenue), down $1.3 million or 18% from $7.4 million (18% of [Read more]
Canamax Energy Ltd. and Powder Mountain Energy Ltd. Announce Closing of Business Combination
CALGARY, AB--(Marketwired - July 30, 2015) - Canamax Energy Ltd. ("Canamax") (TSX VENTURE: CAC) and Powder Mountain Energy Ltd. ("Powder") (TSX VENTURE: PDM) are pleased to announce the completion of the acquisition by Canamax of all of the issued and outstanding common shares of Powder (the "Powder Shares") by way of a previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta). With the completion of both the Arrangement and the previously [Read more]
Athabasca Oil Corporation Reports Second Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - July 30, 2015) - Athabasca Oil Corporation ("Athabasca" or the "Company") (TSX:ATH) is pleased to report its second quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Hangingstone achieved first oil in July with six well pairs recently converted to production. Steaming of the initial SAGD well pairs is continuing as planned. Reservoir response and plant reliability continues to meet management's [Read more]
TETRA Technologies, Inc. Announces Appointment Of Stephen A. Snider As A Director
THE WOODLANDS, Texas, July 30, 2015 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that its board of directors has appointed Stephen A. Snider as a member of the board of directors and increased the size of the board to accommodate his appointment. Mr. Snider will serve as an independent director. Stuart M. Brightman, TETRA's President and Chief Executive Officer, stated, "Steve brings an impressive array of industry experiences to our Board. We are [Read more]
Canadian Oil Sands’ Second Quarter Results Reflect Continued Progress on Syncrude’s Cost Reduction Efforts
CALGARY, AB--(Marketwired - July 30, 2015) - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) All financial figures are unaudited, have been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") and are reported in Canadian dollars, unless otherwise noted. Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) ("COS") reported cash flow from operations in the second quarter of $70 million, or $0.14 per Share, reflecting the impact of planned turnaround work [Read more]
Bonavista Energy Corporation Announces 2015 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - July 30, 2015) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to report to shareholders its financial and operating results for the three and six months ended June 30, 2015. Exceeding the mid-point of our guidance, second quarter production averaged 73,736 boe per day and funds from operations was $96.0 million ($0.44 per share), resulting in a 12% improvement in our corporate netback to $17.22 per boe relative to the first quarter of this [Read more]
Cheniere Marketing and Central El Campesino Sign 20-Year LNG Sale and Purchase Agreement
HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) through its subsidiary, Cheniere Marketing International LLP ("Cheniere Marketing"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Central El Campesino, under which Central El Campesino would purchase approximately 0.6 million tonnes per annum ("mtpa") of LNG delivered ex-ship for 20 years beginning in 2019 from the Corpus Christi Liquefaction Project currently [Read more]
Superior Energy Services Announces Second Quarter 2015 Results
HOUSTON, July 30, 2015 /PRNewswire/ -- Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced an adjusted net loss from continuing operations for the second quarter of 2015 of $47.4 million, or a $0.31 loss per share, excluding special items, on revenue of $710.8 million. This compares to a net loss from continuing operations of $1.5 million, or $0.01 loss per share for the first quarter of 2015, on revenue of $917.2 million. Reported loss from continuing operations for the [Read more]
Halcon Resources Announces Second Quarter 2015 Results
Company Reduces 2015 D&C Budget to ~$325 Million Well Economics Continue to Improve in Company’s Core Plays HOUSTON, July 30, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its second quarter 2015 results. The Company produced an average of 41,297 barrels of oil equivalent per day (Boe/d) during the period. Second quarter 2015 production was 80% oil, 9% natural gas liquids (NGLs) and 11% natural gas. Halcón generated revenues [Read more]
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