CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2017. Crew’s full audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and twelve month periods ended December 31, 2017 are available on our website and filed on SEDAR. Q4 & FULL YEAR 2017 [Read more]
Archives for March 2018
Vermilion Energy Inc. Announces Results for the Three Months and Year Ended December 31, 2017
March 1, 2018 CALGARY, March 1, 2018 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and audited financial results for the three months and year ended December 31, 2017. The audited financial statements and management discussion and analysis for the three months and year ended December 31, 2017, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR [Read more]
Relentless Resources Announces Increase to Previously Announced Private Placement
Calgary, Alberta (FSCwire) - Relentless Resources Ltd. (“Relentless” or the “Company”) is pleased to announce that, as a result of excess demand, the Company has increased the size of its previously announced private placement of units of the Company (“Units”) from $7,500,000 to $8,250,000 (the “Private Placement”). As previously disclosed, each Unit will be comprised of one Common Share and, in the case of subscriptions by directors, officer and other insiders of the Company, one Common [Read more]
Vermilion Energy Inc. Announces 2017 Year-End Summary Reserves and Resource Information
CALGARY, March 1, 2018 /CNW/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce summary 2017 year-end reserves and resource information. The estimates of reserves and resources and other oil and gas information contained in this news release have been estimated by GLJ Petroleum Consultants Ltd. ("GLJ") effective as at December 31, 2017 and prepared in accordance with National Instrument 51-101 "Standards of Disclosure for Oil and Gas [Read more]
Energy Transfer Partners Announces Binding Expansion Open Season for the Bakken Pipeline System
DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced that its subsidiaries Dakota Access, LLC (“Dakota Access”) and Energy Transfer Crude Oil Company, LLC (“ETCO”) launched a Binding Expansion Open Season (“Expansion Open Season”) to solicit shipper commitments for expanded joint tariff transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Nederland, Texas through their [Read more]
Husky Energy restores cash dividend on higher oil prices and cost cuts
CALGARY - Husky Energy Inc. has restored its dividend as higher oil prices and a cost-cutting plan helped it boost earnings in the last quarter. The company says it will pay a cash dividend of 7.5 cents per share for the quarter ended Dec. 31 after cutting its dividend in early 2016 at a time when oil was trading at less than half its current value. Calgary-based Husky says it had fourth-quarter net earnings of $672 million or 66 cents per share, compared to $186 million or 19 [Read more]
U.S. Henry Hub natural gas prices for February down from 2017
U.S. natural gas prices for February at the Henry Hub benchmark in Louisiana slipped below levels seen during the same month a year ago as production rose to a record high. That price decline occurred despite near normal temperatures and heating demand in February2018 compared with much warmer than normal weather and low heating demand during the same monthin 2017. Next-day gas prices averaged $2.67 per million British thermal units (mmBtu) in February2018. That compared with $2.82 during [Read more]
Bellatrix Announces 2017 Year End Reserves Highlighted by Low Cost Reserve Additions
CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX:BXE) (NYSE:BXE) is pleased to announce its 2017 year end reserves, and an update of commodity price risk management and sales market diversification contracts. Reserves at December 31, 2017 were independently evaluated by InSite Petroleum Consultants Ltd. (“InSite”). The evaluation encompasses 100% of Bellatrix's oil and gas properties and was prepared in accordance with National [Read more]
TransCanada Announces Open Season for Additional 2021 NGTL System Export Capacity
CALGARY, Alberta , March 01, 2018 (GLOBE NEWSWIRE) -- Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has launched a new Open Season on its NOVA Gas Transmission Ltd. (NGTL) System for binding expansion capacity commitments at the Empress/McNeill Export Delivery Point. The Open Season is for an estimated 280 million cubic feet per day of firm service, commencing in November 2021. This capacity offering follows a successful Open Season that [Read more]
Eco Notes ExxonMobil's Seventh Oil Discovery
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, notes the announcement made by ExxonMobil Corporation ("Exxon") in relation to its seventh oil discovery, offshore Guyana. The Pacora-1 discovery is the closest discovery to date to the Orinduik Block. Eco currently holds a 40% Working Interest in the Orinduik Block. Pacora-1 encountered [Read more]