CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that it has completed a series of asset sales and expects to complete additional asset sales, including the sale of its Worsley Charlie Lake Light Oil Pool, for total disposition proceeds of approximately $142 million (subject to closing adjustments). These asset sales collectively represent forecast 2017 annual average production of approximately 3,600 boe/d (approximately 62% [Read more]
Archives for August 2017
Whitecap Resources Inc. Announces Second Quarter 2017 Results
CALGARY, Aug. 1, 2017 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2017. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which are available at www.sedar.com and on our website at [Read more]
Oil falls 2 percent, weighed by ample OPEC supply
NEW YORK (Reuters) - Oil dropped about 2 percent from a two-month high on Tuesday as major world oil producers kept pumping out supply, causing investors to worry that several weeks of steady gains had pushed the rally too far, too fast. Selling picked up in the late morning as oil broke below Monday's lows, with more than 925,000 U.S. futures contracts traded, making it the busiest day in the market in nearly three weeks. OPEC production rose in July, a Reuters survey found Monday, despite a [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Jul. 31 Bulk Plant Operator Canyon Technical Services Grande Prairie Jul. 31 Junior Oil Company Seeks Prospects Anonymous Calgary Jul. 30 EIC - Controls Technician TransCanada Edson Jul. 30 Pipeline [Read more]
Panhandle Oil and Gas Inc. Announces New Director
OKLAHOMA CITY, Aug. 1, 2017 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced that Chad L. Stephens III was appointed to the Company's board of directors. Stephens is currently the Senior Vice President of Corporate Development at Range Resources Corporation in Ft. Worth, Texas. His appointment increases the board's size to eight members. "Chad has an extensive background and expertise in many facets of the oil and gas business, and we are delighted he is joining [Read more]
Penn Virginia Corporation Schedules Second Quarter 2017 Results Conference Call
HOUSTON, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia or the "Company") (NASDAQ:PVAC) announced today that it will release second quarter 2017 results after the market closes on Tuesday, August 8, 2017, and hold a conference call and webcast on Wednesday, August 9, 2017, at 11:00 a.m. EDT. The second quarter 2017 earnings release and a link to the webcast will be available on the Company's website. You can participate in the conference call by phone or via the [Read more]
Oil slips from two-month high as ample supply weighs
LONDON (Reuters) - Oil slipped from a two-month high near $53 a barrel on Tuesday as ample global supplies countered strong demand and forecasts of another drop in U.S. crude inventories. U.S. inventory reports due on Tuesday and Wednesday are expected to show crude stocks fell by 2.9 million barrels last week, the fifth straight week of declines. [EIA/S] But OPEC production rose in July, a Reuters survey found, despite a deal to cut output. Brent crude LCOc1, the international benchmark, was [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for July 2017 Payable August 31st, 2017
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the July 2017 monthly cash dividend will be $0.10 per share and will be paid on August 31st, 2017. The record date for the dividend is August 15th, 2017 and the ex-dividend date is August 11th, 2017. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
Baytex Reports Solid Q2 2017 Results With 5% Production Growth and Strong Eagle Ford Performance
CALGARY, Alberta, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) reports its operating and financial results for the three and six months ended June 30, 2017 (all amounts are in Canadian dollars unless otherwise noted). “Driven by excellent capital efficiencies across our portfolio, we have been able to substantially grow production largely within funds from operations during the first half of the year at US$50/bbl oil prices. This is due to some of the [Read more]
Sunshine Oilsands Ltd.: Date of Board Meeting
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - Aug. 1, 2017) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation") (HKSE:2012) announces that a meeting of the Board will be held on or about 8:00 p.m. Calgary time on Sunday, August 13, 2017 (on or about 10:00 a.m. Hong Kong time on Monday, August 14, 2017) for the purposes of, amongst other matters, approving the interim results and report of the Company and its subsidiaries for the three months and six [Read more]
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