HOUSTON, Oct. 30, 2017 /PRNewswire/ -- EP Energy Corporation (NYSE: EPE) has scheduled a webcast at 11 a.m. Eastern Time, 10 a.m. Central Time, on Thursday, November 2, to discuss its third quarter 2017 financial and operational results. The company's third quarter earnings press release is scheduled to be issued after the New York Stock Exchange closes trading on Wednesday, November 1, 2017. The webcast may be accessed online through the company's website at [Read more]
Archives for October 2017
Laredo Petroleum Announces Redemption of 7 3/8% Notes Due 2022
TULSA, OK, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced it has called for redemption all $500 million aggregate principal amount of the Company's 7 3/8% senior notes due May 2022 ("the Notes"). The Company expects the redemption to be completed on November 29, 2017. Laredo will utilize a portion of the proceeds from the Company's sale of its interest in the Medallion - Midland Basin pipeline system to fund the redemption amount [Read more]
PrairieSky Announces Third Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - Oct. 30, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2017. 2017 Third Quarter Highlights: Revenues of $71.7 million including $54.2 million of royalty revenue and $15.5 million of lease bonus consideration generated by leasing land for new and existing plays Funds from operations of $66.8 million or $0.28 per share, [Read more]
Northern Oil and Gas, Inc. Announces Third Quarter 2017 Earnings Release and Conference Call
MINNEAPOLIS, Oct. 30, 2017 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE American: NOG) ("Northern") announced today that it expects to release third quarter 2017 financial and operating results on Wednesday, November 8, 2017 after market close. Additionally, the company plans to host a conference call on Thursday, November 9, 2017 at 9:00 AM Central Time. Those wishing to listen to the conference call may do so via the company's website www.northernoil.com or by phone. Conference Call [Read more]
Contango Announces Schedule for Third Quarter Earnings and Operations Release
HOUSTON, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE MKT:MCF) announced today it expects to issue its third quarter 2017 earnings release, including an update on operations after the market close on Tuesday, November 7, 2017. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Wednesday, November 8, 2017 at 9:30am Central Standard Time. Those interested in participating in the earnings conference call may [Read more]
Oil patch wants “flexibility” on coming methane cuts or says jobs are at risk
EDMONTON - Thousands of jobs in the oil patch are at risk if governments try to impose the wrong approach to cutting back a highly potent greenhouse gas, says an industry lobby group. "Let's take the best opportunities as opposed to being very prescriptive," Tim McMillan, head of the Canadian Association of Petroleum Producers, said Monday. The federal and Alberta governments, with industry support, have announced plans to reduce emissions of methane by up to 45 per cent by 2025. [Read more]
Column: Killing the goose that laid the golden egg
Increasingly harsh and ever-shifting resource-related government policies are killing jobs and making Canadians poorer. With the cancellation of TransCanada’s proposed Energy East pipeline – after the company spent $1 billion trying to jump through ever-changing regulatory and political hoops – Canadians should remind themselves where much of our country’s recent economic uptick originated: in resource exploration and extraction. This was illustrated again, just before the TransCanada [Read more]
Repsol Oil & Gas Canada Inc. Announces Redemption of its Outstanding 7.75% Senior Notes due 2019
CALGARY, Alberta, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Repsol Oil & Gas Canada Inc. (formerly known as Talisman Energy Inc.), a Canadian-based upstream oil and gas company (the “Company”), announced that it has issued a notice of redemption to redeem, on November 30, 2017, all of its issued and outstanding 7.75% Senior Notes due 2019 (ISIN US87425EAL74). About Repsol Oil & Gas Canada Inc. Repsol Oil & Gas Canada Inc. is an upstream oil and gas company, incorporated in Canada and is a [Read more]
Oil market set to move from rebalancing to tightening: Kemp
LONDON (Reuters) - The oil market is now well into a cyclical upswing and within the next year the narrative about “rebalancing” is likely to be replaced by one about “tightening”. Rebalancing started well before the production pact between the Organization of the Petroleum Exporting Countries (OPEC) and its allies went into effect in January. OPEC has been open about the fact that the rebalancing process pre-dated its agreement, with officials repeatedly noting the accord was intended to [Read more]
Cenovus names former TransCanada executive Alex Pourbaix as new chief executive
CALGARY - Cenovus Energy Inc. (TSX:CVE) is naming Alex Pourbaix as its new president and chief executive. Pourbaix retired from TransCanada Corp. earlier this year where he was most recently chief operating officer. He starts the new job on Nov. 6 and will also be a member of the Cenovus board of directors. He replaces Brian Ferguson, who is retiring after 33 years with Cenovus and its predecessor companies. Cenovus is an integrated oil company with oilsands [Read more]
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