CALGARY, Alberta, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (“Iron Bridge” or the "Company") (TSX:IBR) is pleased to announce the appointment of Mr. Marshall Abbott to the Board of Directors of Iron Bridge, effective February 1, 2018. Mr. Abbott of Calgary, Alberta, is an independent businessman with extensive oil and gas experience encompassing 35 years in a variety of founder and senior executive roles within both public and private upstream producers. After his initial [Read more]
Archives for February 2018
U.S. oil production nears 47-year record as shale booms: Kemp
LONDON, Feb 1 (Reuters) - U.S. crude oil production topped 10 million barrels per day (bpd) in November, according to monthly estimates published by the Energy Information Administration on Wednesday. Crude output was the highest in 47 years and just 6,000 bpd below the record set in November 1970 (“Petroleum Supply Monthly”, EIA, Jan. 31). Production has doubled over the last 10 years, from a low of around 5 million bpd in 2007, reversing decades of decline since the 1970s. The most [Read more]
ConocoPhillips Reports Fourth-Quarter and Full-Year 2017 Results; Increases Quarterly Dividend by 7.5 Percent and Planned 2018 Share Repurchases to $2 Billion; Announces Preliminary 2017 Year-End Reserves and Bolt-On Transaction in Alaska
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported fourth-quarter 2017 earnings of $1.6 billion, or $1.32 per share, compared with a fourth-quarter 2016 net loss of $35 million, or ($0.03) per share. Excluding special items, fourth-quarter 2017 adjusted earnings were $0.5 billion, or $0.45 per share, compared with a fourth-quarter 2016 adjusted net loss of $0.3 billion, or ($0.26) per share. Special items for the current quarter were primarily driven by benefits from U.S. tax [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for January 2018 Payable February 28th, 2018
CALGARY, Alberta, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or “the Company”) announces that the January 2018 monthly cash dividend will be $0.10 per share and will be paid on February 28th, 2018. The record date for the dividend is February 15th, 2018 and the ex-dividend date is February 14th, 2018. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible [Read more]
Matador Resources Company Announces Date of Fourth Quarter and Full Year 2017 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release fourth quarter and full year 2017 operational and financial results after the close of trading on Wednesday, February 21, 2018. Management will also host a live conference call on Thursday, February 22, 2018 at 9:00 a.m. Central Time to review fourth quarter and full year 2017 financial results and operational highlights. Matador [Read more]
geoLOGIC Frac Data and Analytics Lunch & Learns
How are you currently incorporating frac analytics into your workflows? In today’s technology driven, cost-focused environment, completions optimization is crucial. Do you have the right data and the right tools to make the best possible decisions? At our upcoming Frac Data Analytics Lunch & Learn Sessions, we’ll explain what makes our data unique, provide relevant case studies and deliver workflow-based product demonstrations. Wednesday, February 21, 2018 from 8:30AM to 10AM [Read more]
Introducing the new Divestco.com
After months of hard work, Divestco is excited to announce the launch of our completely redesigned web site. The new Divestco.com provides fresh and updated information about our products and services, improved functionality and navigation, and it is fully optimized and responsive to work on any device - mobile to desktop. With a clean uncluttered modern design, we have made it easy for you to find the information you need quickly and easily. Our new web site will be updated on a regular basis [Read more]
Shell poised to dethrone Exxon in oil titans’ cash clash
LONDON (Reuters) - Royal Dutch Shell (RDSa.L) could usurp its largest rival Exxon Mobil (XOM.N) as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue. Chief Executive Ben van Beurden has made no secret of his desire to challenge the dominance of the world’s largest listed oil company after its $54 billion purchase of BG Group in 2016 catapulted Shell into second place in terms of production. The [Read more]
Pipelines, not carbon taxes, bigger factor in energy competitivess: report
OTTAWA - Canada's oil and gas producers are struggling to stay competitive with their U.S. counterparts because of the fight to expand pipeline capacity, says a new report from the C.D. Howe Institute. The analysis by associate director of research Benjamin Dachis is the first in what he says will become an annual comparison of Canada's oil and gas sector with its North American equivalents. The report comes just days before the federal government is expected to unveil how it [Read more]
Blackbird Energy Inc. Provides an Operational Update Including Estimated Monthly Sales Volumes, a Test Result From Its Pipestone/Elmworth Montney Play, Estimated Productive Capacity, and the Pending Tie-In of Non-Operated Wells
CALGARY, Alberta, Feb. 01, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its estimated total corporate January sales production, the test results from its 1-20-70-7W6 Upper Montney Development well, an estimate of current behind-pipe productive capacity, details surrounding the pending tie-in of 5 (1.2 net) non-operated wells, and the continued expansion of Blackbird’s acreage. “A key objective for Blackbird has been to [Read more]
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