TSX, NYSE: BXE CALGARY, Feb. 15, 2017 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the appointment of Mr. Brent Eshleman as the new President & Chief Executive Officer and as a member of the Board of Directors of Bellatrix, effective immediately. As previously announced on November 25, 2016, Brent Eshleman was appointed Interim President & Chief Executive Officer of the Company and today's announcement completes the formal [Read more]
Paramount Resources Ltd. Provides Operational Update and Preliminary 2017 Outlook
CALGARY, Feb. 15, 2017 /CNW/ - HIGHLIGHTS Paramount's fourth quarter 2016 sales volumes averaged approximately 12,000 Boe/d (35 percent liquids), including about 5,500 Boe/d (40 percent liquids) from Karr-Gold Creek. In late-January 2017, total Company sales volumes increased to over 15,000 Boe/d (50 percent liquids), including approximately 10,000 Boe/d from Karr-Gold Creek (60 percent liquids), as wells from the new 4-19 pad at Karr-Gold Creek were brought on production. The four [Read more]
Surge Energy Inc. Confirms February 2017 Dividend
CALGARY, Feb. 15, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on March 15, 2017 in respect of February 2017 production, for the shareholders of record on February 28, 2017 will be $0.00708 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs. Management [Read more]
Keyera Corp. Announces Year End 2016 Results
CALGARY, Feb. 14, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its 2016 year end results today, the highlights of which are included in this news release. The entire press release can be viewed by visiting Keyera's website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera's website or the System for Electronic Document Analysis and Retrieval at www.sedar.com. HIGHLIGHTS Keyera delivered strong financial results in 2016 with net [Read more]
Keyera Announces February 2017 Dividend
CALGARY, Feb. 14, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for February 2017 of 13.25 cents per common share. The dividend will be payable on March 15, 2017, to shareholders of record on February 23, 2017. The ex-dividend date is February 21, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera [Read more]
Yangarra Announces 2016 Year End Corporate Reserves Information
CALGARY, Feb. 14, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases the results of its 2016 year end oil and gas reserves evaluation. Reserve Report Highlights: The independent reserves report prepared by Deloitte is dated February 14, 2017 and is effective as of December 31, 2016, ("2016 Reserve Report"). The financial and operational information below is based on estimates and are unaudited. Proved Developed producing reserves ("PDP") 7.9 [Read more]
National Energy Board to hold public hearing to consider the Wyndwood Pipeline Project
CALGARY, Feb. 14, 2017 /CNW/ - The National Energy Board (NEB) will hold a public hearing to consider a proposal from Westcoast Energy Inc., doing business as Spectra Energy Transmission, (Westcoast) to build and operate the 27-kilometre-long Wyndwood Pipeline Expansion Project in northeast British Columbia. The NEB's Hearing Order, released today, outlines the key steps and deadlines for the hearing. The hearing will include both oral and written components. Westcoast has applied to the NEB [Read more]
Ultra Petroleum Corp. To Webcast Fourth Quarter 2016 Results
HOUSTON, Feb. 14, 2017 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its fourth quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2016 Results Webcast When: February 22, 2017 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer, skraemer@ultrapetroleum.com, 281-582-6613 If you [Read more]
Hemisphere Energy announces a 36% increase in Proved plus Probable reserve value to $65.9 million and replaces 427% of 2016 production
TSX-V: HME VANCOUVER, Feb. 14, 2017 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce highlights from its independent reserves evaluation as at December 31, 2016 prepared by McDaniel & Associates Consultants Ltd. ("McDaniel"). In 2016, Hemisphere's estimated average corporate production rate was 526 boe/d (86% oil). Throughout the year the Company invested $2.4 million of development capital with specific focus on drilling its first [Read more]
Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for March 15, 2017 Payment Date
CALGARY, Feb. 13, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on March 15, 2017 to all shareholders of record on February 23, 2017. The ex-dividend date for this payment is February 21, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). We commenced prorating the Premium DividendTM component of our Dividend Reinvestment Plan [Read more]
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