AltaGas continues to focus on Midstream and U.S. Utilities segments as near-term priorities to drive performance, fund organic growth and de-lever company CALGARY, Feb. 28, 2019 /CNW/ - Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Delivers $1.0 billion in 2018 Normalized EBITDA1 Normalized EBITDA of $394 million for the fourth quarter of 2018 and $1.0 billion for the full-year, achieving a 27 percent year-over-year growth rate for [Read more]
Archives for February 2019
Gear Energy Ltd. Announces 2018 Year-End Reserves
CALGARY, Feb. 27, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to present the following results and analysis of its 2018 year-end independent reserve report prepared by its new independent evaluator Sproule Associates Limited ("Sproule"). In 2018 Gear invested $110.0 million consisting of $43.8 million of development capital and $66.2 million in acquisition and divestiture ("A&D") capital. The combined investment provided Gear with four per cent annual [Read more]
Gear Energy Ltd. Announces Fourth Quarter 2018 Operating Results
CALGARY, Feb. 27, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following fourth quarter operating update to shareholders. Gear's Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended December 31, 2018 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Twelve months ended (Cdn$ [Read more]
Marksmen Announces First Closing of Private Placement
CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX Venture: MAH) (OTCQB: MKSEF) announces that it has completed the first closing of its previously announced non-brokered private placement. The Company issued 3,015,000 units (the “Units”) of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of $301,500 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase [Read more]
Amherst Energy Plans First Well In Alberta
CALGARY, Alberta, February 27, 2019 – Amherst Energy Inc. (“Amherst”) Amherst today reported that it has been issued a well license for the Amherst HZ Morgan 13-8-52-3W4 horizonal heavy oil well. Amherst is currently building a drilling pad and plans to commence drilling by March 15, 2019. The well is located at the east end of the Morgan Lloydminster heavy oil pool. It is also situated immediately adjacent to a pad on which seven heavy oil wells were drilled late 2017. These wells [Read more]
Pengrowth to Release 2018 Fourth Quarter Results on March 6, 2019
CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today announced that before market on Wednesday, March 6, 2019, it will release its results for the three and twelve-month periods ended December 31, 2018. Pengrowth will then host a conference call and webcast at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) on the same day to discuss the quarter. Please note that the format of the webcast incorporates a visual [Read more]
Apache Corporation Announces Fourth-Quarter and Full-Year 2018 Financial and Operational Results
HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced fourth-quarter and full-year 2018 financial and operational results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call Feb. 28 at 10 a.m. Central time to discuss the results. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be [Read more]
Baytex Conference Call and Webcast on Fourth Quarter and Year-End 2018 Results to be Held on March 6, 2019
CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2018 fourth quarter and year-end financial and operating results prior to the opening of markets on Wednesday, March 6, 2019. A conference call and webcast will be held shortly thereafter to discuss the results. Conference Call Details: Date:Wednesday, March 6, 2019 Time:9:00 a.m. MDT (11:00 a.m. EDT) Dial-in:1-416-915-3239 (Toronto Local and International) 1-800-319-4610 [Read more]
Encana Announces TSX Acceptance of Normal Course Issuer Bid
CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Encana (NYSE, TSX: ECA) announced today receipt of regulatory approvals for its planned $1.25 billion share buyback. On February 27, 2019, the Toronto Stock Exchange (TSX) accepted its notice of intention to renew its normal course issuer bid (NCIB) through which Encana may purchase up to 149,425,839 common shares during the 12-month period commencing March 4, 2019 and ending March 3, 2020. The number of shares authorized for purchase [Read more]
B.C. First Nation affected by pipeline explosion files lawsuit against Enbridge
PRINCE GEORGE, B.C. - A British Columbia First Nation near the explosion of a natural gas transmission pipeline owned by Enbridge has filed a lawsuit against the energy company. Chief Dominic Frederick of Lheidli T’enneh First Nation near Prince George says their B.C. Supreme Court civil lawsuit asks for a permanent injunction preventing Enbridge from operating the pipeline in their territory and reserves. The action also asks for a mandatory injunction requiring the company to [Read more]
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