BOE Report

Pulse Seismic Inc. Reports Q2 2015 Results and Declares Quarterly Dividend

TSX : PSDOTCQX : PLSDF CALGARY, July 31, 2015 /CNW/ - Pulse Seismic Inc. ("Pulse" or "the Company") reports its financial and operating results for the three and six months ended June 30, 2015. The unaudited condensed consolidated interim financial statements and MD&A will be filed on SEDAR (www.sedar.com) and will be available on Pulse's website (www.pulseseismic.com). Pulse has declared a quarterly dividend of $0.02 per common share. The dividend will be paid on September 18, 2015 to [Read more]

Canyon Services Group Inc. Reports Second Quarter 2015

CALGARY, July 30, 2015 /CNW/ - Canyon Services Group Inc. ("Canyon" or the "Company") is pleased to announce its second quarter 2015 results.  The following results should be read in conjunction with the Management's Discussion and Analysis, the audited consolidated financial statements and notes of Canyon Services Group Inc. for the year ended December 31, 2014 and the Annual Information Form for the year ended December 31, 2014, which are available on SEDAR at www.sedar.com. The current [Read more]

ZCL Composites Reports Second Quarter 2015 Financial Results

EDMONTON, July 30, 2015 /CNW/ - ZCL Composites Inc. (TSX: ZCL) today announced financial results for the second quarter and six months ended June 30, 2015. Q2 2015 compared with Q2 2014 Revenue of $46.7 million, up $5.0 million or 12% from $41.7 million; Net income of $3.4 million or $0.11 per fully diluted share, down $1.1 million or 24% from $4.5 million or $0.15 per fully diluted share; Adjusted EBITDA of $6.1 million (13% of revenue), down $1.3 million or 18% from $7.4 million (18% of [Read more]

Ultra Petroleum Announces Second Quarter 2015 Results

HOUSTON, July 30, 2015 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) continued to deliver strong financial and operating performance for the second quarter of 2015. Highlights include: Produced volumes of 70.5 Bcfe of natural gas and oil, an increase of 20% above year ago levels Generated operating cash flow(1) of $121.9 million for the quarter ended June 30, 2015 Earnings of $32.1 million in the second quarter of 2015, or $0.21 per diluted share – adjusted(2) 47 percent cash flow margin(4) for the [Read more]

Penn West Announces 2015 Third Quarter Dividend

CALGARY, July 30, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West") announces that the Board of Directors has declared a third quarter 2015 dividend of $0.01 per share to be paid on October 15, 2015 to shareholders of record at the close of business on September 30, 2015. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Penn West Penn West is one of the largest conventional oil and natural gas [Read more]

Penn West Announces Its Financial And Operational Results For The Second Quarter Ended June 30, 2015 And Provides Updated 2015 Guidance

CALGARY, July 30, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the second quarter ended June 30, 2015 and 2015 guidance update. All figures are in Canadian dollars unless otherwise stated.                                     Three months ended June 30   Six months ended June 30     2015   2014   % change   2015   2014   % change Financial (millions, except per [Read more]

Cenovus announces second quarter results, additional measures to build shareholder value

Second quarter highlights Combined oil sands production up 5% compared with second quarter of 2014 Oil sands per-unit operating cost improvement of 30% from second quarter of 2014 Gross cash proceeds of $3.3 billion from royalty and fee land business sale, received in July Second quarter cash flow of $0.89 per share, excluding the impact of a one-time cash tax charge of $0.31 per share Production & financial summary (For the period ended June 30) Production [Read more]

Horizon North Logistics Inc. Announces Results for the Quarter Ended June 30, 2015

CALGARY, July 29, 2015 /CNW/ - TSX Symbol: HNL Horizon North Logistics Inc. ("Horizon North" or the "Corporation") reported its financial and operating results for the three and six months ended June 30, 2015 and 2014. Second Quarter Highlights The second quarter of 2015 experienced generally higher activity levels in large camps, relocatable structures and mat rentals compared to Q2 2014 but was negatively impacted by pricing concessions provided to key customers and the effects of competitive [Read more]

ARC Resources Ltd. Reports Strong Second Quarter Results

CALGARY, July 29, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its second quarter 2015 operating and financial results. Second quarter production averaged 109,900 boe per day and funds from operations were $206.3 million ($0.61 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2015 and 2014, are available on ARC's website [Read more]

LGX Oil + Gas Inc. Provides Operational Update

CALGARY, July 29, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) is pleased to provide further operational updates on the 2015 drilling commitments and production results from recent southern Alberta activity. LGX has executed an agreement with Kainai Energy Limited Partnership by its general partner Kainai Energy Corp. ("Kainai") whereby Kainai and LGX shall cooperate on a reasonable commercial efforts basis to seek approval from the Blood Tribe Chief & Council ("Blood [Read more]