CALGARY, Jan. 31, 2018 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce preliminary 2017 fourth quarter average daily production volumes, an update on first quarter 2018 field operations as well as changes to the executive team. Production Daily production volumes for the fourth quarter of 2017 averaged approximately 315 MMcfe/d (52,500 boe/d), based on preliminary results, and included approximately 9% liquids or approximately 4,500 [Read more]
Archives for January 2018
Obsidian Energy Announces Legacy Asset Disposition
CALGARY, Jan. 31, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we closed an agreement to dispose of a significant portion of our non-core legacy assets, in exchange for the assumption of abandonment and reclamation liabilities. David French, President & CEO commented, "This transaction is another important step forward for Obsidian Energy. It demonstrates the continued refocusing of the business only [Read more]
Bonavista Energy Corporation Replaces 189% of 2017 Production with the Addition of 49.8 MMboe of Proved Plus Probable Reserves
(TSX:BNP) - CALGARY, Jan. 31, 2018 /CNW/ - Bonavista Energy Corporation ("Bonavista") is pleased to report that our 2017 exploration and development ("E&D") program has resulted in a finding and development ("F&D") cost of $7.60 per barrel of oil equivalent ("boe") on a proved plus probable basis. When combined with our acquisition and divestiture program ("A&D"), finding, development and acquisition ("FD&A") costs were $7.56 per boe on a proved plus probable basis, in each case [Read more]
Updated Share Capital and Voting Rights for BlackPearl
CALGARY, ALBERTA--(Marketwired - Jan. 31, 2018) - - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX) (OMX:PXXS) reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, as at January 31, 2018, the number of issued and outstanding shares of the Company is 336,275,568 common shares with voting rights. The information in this release is subject to the disclosure requirements of [Read more]
Enbridge Energy Partners, L.P. Declares Distribution for Fourth Quarter 2017
HOUSTON, Jan. 31, 2018 /CNW/ - Enbridge Energy Partners, L.P. (NYSE:EEP) (EEP or the Partnership) announced today that the Board of Directors of Enbridge Energy Management, L.L.C. (EEM), the delegate of the Partnership's general partner, has declared a quarterly cash distribution of $0.35 per unit, or $1.40 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended December 31, 2017. The approved distribution remains unchanged from the previous [Read more]
Diamondback Energy, Inc. Schedules Fourth Quarter 2017 Conference Call for February 14, 2018
MIDLAND, Texas, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2017 financial results on February 13, 2018 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the fourth quarter of 2017 on Wednesday, February 14, 2018 at 10:00 a.m. CT. Participants should call (877) 440-7573 [Read more]
Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2017 Conference Call for February 7, 2018
MIDLAND, Texas, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), announced that they plan to release fourth quarter 2017 financial results on February 6, 2018 after the market closes. In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss their results for the fourth quarter of 2017 on Wednesday, February 7, 2018 at [Read more]
Exxon Mobil Corporation Declares First Quarter Dividend
IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the Common Stock, payable on March 9, 2018 to shareholders of record of Common Stock at the close of business on February 12, 2018. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2017. Through its dividends, the corporation has shared its success [Read more]
U.S. crude output passes 10 million bpd for first time since 1970
NEW YORK, Jan 31 (Reuters) - U.S. crude oil production in November surpassed 10 million barrels per day for the first time since 1970, and neared the all-time output record, the Energy Information Administration said in a monthly report on Wednesday. Oil output rose 384,000 barrels per day (bpd) in November from October to 10.038 million bpd, the agency said. The agency also increased its October estimate by 17,000 bpd to 9.654 million bpd, according to the report, known as the 914 production [Read more]
Notley says B.C. will face consequences over plan to ban increased oil shipments
EDMONTON - Alberta Premier Rachel Notley says there will be consequences for British Columbia over the province's latest attempt to hinder expansion of the Kinder Morgan Trans Mountain oil pipeline. Notley held an emergency cabinet meeting Wednesday to discuss what legal and economic levers Alberta can pull in its spat with its neighbour to the west. "The government of Alberta will not — we cannot — let this unconstitutional attack on jobs and working people stand," she said [Read more]
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