BOE Report

National Energy Board to evaluate full scale emergency exercise in Burnaby, British Columbia

BURNABY, BC, Oct. 29, 2015 /CNW/ - The National Energy Board (NEB) will oversee a full-scale marine deployment emergency exercise at the Kinder Morgan Canada Westridge Marine Terminal (Westridge) in Burnaby, British Columbia. Emergency exercises are a regulatory requirement that all NEB-regulated companies are required to conduct. The NEB expects companies to be capable of responding effectively should an emergency occur. Assessment of the company's capability to respond to an emergency [Read more]

Canbriam Energy Commissions Phase 2 of its Altares Processing Facility and Provides Operational Update

CALGARY, Oct. 29, 2015 /CNW/ - Canbriam Energy Inc. ("Canbriam" or the "Company") provides an operational update on the commercial development of its over pressured, liquids-rich Altares Montney asset, located west of Fort St. John, BC, highlighted by: Commissioning of Phase 2 of the Altares Processing Facility, bringing Canbriam's total processing capacity to 210 million cubic feet per day, or approximately 40,000 barrels of oil equivalent per day including natural gas liquids [Read more]

Ultra Petroleum Corp. To Webcast Third Quarter 2015 Results

HOUSTON, Oct. 29, 2015 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) announces the following Webcast to discuss its third quarter 2015 financial and operating results:   What: Ultra Petroleum Corp. Third Quarter 2015 Results Webcast When:  October 29, 2015 at 11:00 a.m. Eastern Daylight 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 [Read more]

Calfrac Announces Third Quarter Results

CALGARY, Oct. 29, 2015 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and nine months ended September 30, 2015. HIGHLIGHTS Three Months Ended Sept. 30, Nine Months Ended Sept. 30, 2015 2014 Change 2015 2014 Change (C$000s, except per share and unit [Read more]

Expected 2015 cost savings increase to $400 million

Third-quarter oil sands production up 17% CALGARY, Oct. 29, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to make significant progress in reducing its costs while delivering strong operational performance and oil sands production growth. The company is benefiting from the decisive steps taken over the past year to increase its financial resilience in the face of what is expected to be a prolonged period of lower oil prices. "We're delivering on the commitments we [Read more]

Horizon North Logistics Inc. Announces Results for the Quarter Ended September 30, 2015 and Reduction of Quarterly Dividend

TSX Symbol: HNL CALGARY, Oct. 28, 2015 /CNW/ -  Horizon North Logistics Inc. ("Horizon North" or the "Corporation") reported its financial and operating results for the three and nine months ended September 30, 2015 and 2014. Third Quarter Highlights Horizon North's balance sheet remains strong as a result of a continued focus on reducing working capital, maintaining disciplined capital spending and the bought deal equity financing which closed in July 8, 2015 for net proceeds of $76.6 [Read more]

Agnico Eagle Reports Record Third Quarter 2015 Gold Production; Strong Operating Performance Leads to Increased Production Guidance and Reduced Costs for 2015

Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO, Oct. 28, 2015 /CNW/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle" or the "Company") today reported quarterly net income of $1.3 million, or net income of $0.01 per share for the third quarter of 2015.  This result includes losses on financial instruments of $16.6 million ($0.08 per share), a non-cash foreign currency translation loss on deferred tax liabilities of [Read more]

Canadian oil industry to lose more than $2 billion in 2015

OTTAWA, Oct. 28, 2015 /CNW/ - The profitability of Canada's oil extraction industry is being challenged by the sharp and prolonged weakness in prices. The industry is expected to post a pre-tax loss of $2.1 billion this year, compared to a profit of close to $6 billion in 2014, according to The Conference Board of Canada's latest Canadian Industrial Outlook: Canada's Oil Extraction Industry. "While Canadian oil companies have acted swiftly, delaying capital investments, cutting expenses, and [Read more]

Bellatrix Announces Conference Call on Third Quarter 2015 Results

TSX, NYSE: BXE CALGARY, Oct. 28, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) plans to release its third quarter operational and financial results at 12:05 am MT / 2:05 am EST on Thursday, November 5, 2015. Additionally, Bellatrix will host a conference call to discuss its third quarter results on November 5, 2015 at 10:00 am MT / 12:00 pm ET. To participate, please call toll-free 1-888-231-8191 or 647-427-7450. The conference call will also be [Read more]

CNOOC Limited Announces Key Operational Statistics for Q3 2015

HONG KONG, Oct. 28, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the third quarter of 2015. In the third quarter, the Company achieved a total net production of 127.5 million barrels of oil equivalent (BOE), representing a significant increase of 23.8% year over year (yoy). Net production from offshore China reached 83.3 million BOE, a 28.2% yoy increase, primarily due to the production contribution from newly [Read more]