(TSX:BNP) CALGARY, July 31, 2018 /CNW/ - Bonavista Energy Corporation ("Bonavista") is pleased to report to shareholders its financial and operating results for the three and six months ended June 30, 2018. In the second quarter of 2018 we generated adjusted funds flow of $65.7 million, allocating $29.0 million to a reduction in total net debt. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document [Read more]
Archives for July 2018
Toscana Energy Announces Second Quarter 2018 Results
CALGARY, Alberta, July 31, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces financial and operating results for the second quarter ended June 30, 2018. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and six month period ended June 30, 2018. This news release [Read more]
NEB Decision for NGTL’s Northwest Mainline Loop
CALGARY, July 31, 2018 /CNW/ - The National Energy Board (NEB or Board) announced today that it has approved NOVA Gas Transmission Ltd. (NGTL)'s request to construct and operate the Northwest Mainline Loop (Boundary Lake North Section) (Project). The Project will be located in northwestern Alberta and includes 23 kilometres of new pipeline to transport natural gas. Today's decision follows a written public hearing in which three Indigenous groups and Environment and Climate Change Canada [Read more]
Painted Pony Grows Second Quarter Adjusted Funds Flow from Operations by 116%, Increases Second Quarter Liquids Production by 98% and Announces Operational Update
CALGARY, July 31, 2018 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce second quarter 2018 financial and operating results, an operational update and director election results from the Annual General Meeting. HIGHLIGHTS: Increased adjusted funds flow from operations by 116% to $39.1 million ($0.24 per share basic), compared to $18.1 million ($0.13 per share basic) during the second quarter of 2017; Increased average daily [Read more]
Raging River Exploration Inc. Announces Second Quarter Operating and Financial Results
CALGARY, Alberta, July 31, 2018 (GLOBE NEWSWIRE) -- Raging River Exploration Inc. (the “Company” or “Raging River”) (TSX:RRX) announces its operating and financial results for the three and six months ended June 30, 2018. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management’s discussion and analysis (“MD&A”). These filings will be available at www.sedar.com and the [Read more]
Canbriam Energy Announces Non-Core Asset Disposition and Q2 2018 Production Results
CALGARY, July 31, 2018 /CNW/ - Canbriam Energy (Canbriam) announced today that it has sold some non-core Montney lands in Northeast British Columbia for total proceeds of C$50 million. The asset has no associated production and the disposition closed on July 30, 2018. "The disposition of non-core acreage supports the core development at our Altares Montney assets and the ongoing deleveraging of our balance sheet," said Paul Myers, Canbriam's President & Chief Executive [Read more]
WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock
HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.756 million or $15.53 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on May 1, 2018 to July 31, 2018 and was paid to holders of record on July 15, 2018. [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. Posting Date Job Title Company Location Jul. 31 Team Lead Maintenance - RIPET AltaGas Prince Rupert Jul. 30 Mechanical Engineer Canadian Natural Resources Calgary Jul. 30 Exchange Analyst Canadian [Read more]
Forecast calls for 500 fewer wells this year despite higher global oil prices
CALGARY - The Petroleum Services Association of Canada is cutting its 2018 Canadian drilling forecast by 500 wells as pessimism continues to grip the industry despite higher global oil prices. The organization says it now expects 6,900 oil and gas wells to be drilled this year, 200 fewer than were drilled in 2017, and nearly seven per cent less than its April forecast for 7,400. PSAC CEO Tom Whalen says revenue numbers for the petroleum services sector are up this year compared to last [Read more]
BP gets Q2 boost from higher oil prices; earnings quadruple
LONDON - Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production. Underlying replacement cost profit jumped to $2.82 billion from $684 million in the same quarter a year earlier. The figure, which excludes one-time items and fluctuations in the value of inventories, is the industry's preferred gauge of earnings. Net income soared to $2.80 billion from $144 million. [Read more]
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