BOE Report

Keyera Corp. Announces Second Quarter 2017 Results

CALGARY, Aug. 9, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its second quarter 2017 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 solid financial results in the second [Read more]

Painted Pony Announces Strategic Financing, Executive Appointment, Record Production Volumes, and Second Quarter 2017 Financial and Operating Results

CALGARY, Aug. 9, 2017 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce a financing transaction with a new strategic investor, an executive appointment, record production volumes, and second quarter 2017 financial and operating results. RECENT HIGHLIGHTS: Strategic Financing: Entered into an investment agreement with Magnetar Capital ("Magnetar Capital"), pursuant to which Magnetar Capital has agreed to invest CAD$200 million in [Read more]

Shell Launches Methane Detection Pilot

CALGARY and HOUSTON, Aug. 9, 2017 /CNW/ - Shell has launched a methane detector pilot at one of its shale gas sites near Rocky Mountain House in Alberta, Canada. The pilot test is part of a wider multi-stakeholder initiative called the Methane Detectors Challenge, a partnership between Environmental Defense Fund (EDF), oil and gas companies, US government agencies and technology developers to test next generation methane detection technologies. The initiative aims to enable better early [Read more]

Obsidian Energy Announces Second Quarter 2017 Financial and Operational Results

CALGARY, Aug. 9, 2017 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces its financial and operational results for the three months ended June 30, 2017. "This is a quarterly release with mixed emotion," commented David French, President and Chief Executive Officer. "We have lost a dear friend and leader in the passing of Rick George, the Chairman of the Board. His guidance and courage throughout Obsidian Energy's restructuring and [Read more]

Paramount Resources Ltd. Announces Second Quarter 2017 Results

CALGARY, Aug. 9, 2017 /CNW/ - OIL AND GAS OPERATIONS Paramount's second quarter 2017 sales volumes averaged 18,367 Boe/d (52 percent Liquids), including approximately 12,700 Boe/d (60 percent Liquids) from Karr-Gold Creek. Liquids sales revenue totaled $45.4 million in the second quarter of 2017, 74 percent of the Company's total petroleum and natural gas sales revenue. Company sales volumes averaged approximately 22,000 Boe/d in June and 27,000 Boe/d (53 percent Liquids) in July as [Read more]

Hemisphere Energy Provides Operational and Production Updates

TSX-V: HME VANCOUVER, Aug. 8, 2017 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to provide an update on its operations and current production. Over the past number of months, Hemisphere has continued to focus on enhancing its waterflood projects in Atlee Buffalo while optimizing all of its producing wells in southern Alberta.  A pipeline was recently constructed at the Atlee Buffalo F pool to better distribute produced water to all of the [Read more]

CNOOC Limited Announces Hangingstone Project Commences Production

HONG KONG, Aug. 8, 2017 /CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today the Hangingstone project in Canada has already commenced production. The Hangingstone project, located in Alberta, Canada, consists of steam-generating equipment, well pad facilities, 32 well pairs, water treatment and bitumen flowlines. The project is expected to reach its peak production rate of approximately 20,000 barrels of bitumen per day in 2018. NEXEN Energy ULC, a [Read more]

Advantage Announces Second Quarter 2017 Operating & Financial Results

 Strong Glacier Operating Results Generate Surplus Cash, Delineation Drilling Commenced at Progress, Valhalla & Wembley (TSX: AAV, NYSE: AAV) CALGARY, Aug. 3, 2017 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report solid second quarter 2017 results which met our targets. The results include a 32% increase in cash flow to $49 million with a 30% increase in cash flow per share to $0.26/share.  Production increased 10% on a per share basis to 232 [Read more]

Yangarra Announces Second Quarter 2017 Financial and Operating Results

CALGARY, Aug. 3, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three and six months ended June 30, 2017. Second Quarter Highlights Production averaged 5,705 boe/d (54% liquids), doubling output from the second quarter of 2016. Production per share growth of 97% from the second quarter of 2016 and 27% from the first quarter of 2017. Funds flow from operations of $12.0 million ($0.15 per share - [Read more]

Tourmaline More Than Doubles Six Month Cash Flow and Continues Profitable Strong Growth

CALGARY, Aug. 2, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the second quarter of 2017. HIGHLIGHTS Financial Results Second quarter earnings were $108.6 million ($0.40/share) underscoring the fundamental profitability of Tourmaline's EP business in all three core complexes. Second quarter 2017 cash flow(1) was $ 313.3 million ($1.16/share) up 133% (100% per share) from second quarter [Read more]