BOE Report

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]

Petro-Victory Energy Corp. New Board Appointee

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ CALGARY, July 29, 2015 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSX-V: VRY) announces that further to their press release of July 28, the Company is pleased to announce that Mr. Drew Faulkner has been appointed as a Petro-Victory non-executive director effective immediately. Mr. [Read more]

Bellatrix Announces Conference Call on Second Quarter 2015 Results

TSX, NYSE: BXE CALGARY, July 29, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) plans to release its second quarter operational and financial results at 12:05 am MT / 2:05 am EST on Wednesday August 5, 2015.  Additionally, Bellatrix will host a conference call to discuss its second quarter results on August 5, 2015 at 9:00 am MT / 11:00 am ET. To participate, please call toll-free 1-888-231-8191 or 647-427-7450. The conference call will also be recorded [Read more]

Calfrac Announces Second Quarter Results

CALGARY, July 29, 2015 /CNW/ - Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX-CFW) announces its financial and operating results for the three and six months ended June 30, 2015. HIGHLIGHTS Three Months Ended June 30,   Six Months Ended June 30, 2015 2014 Change 2015 2014 Change (C$000s, except per share and unit data) ($) ($) (%) ($) ($) (%) (unaudited) Financial Revenue 319,553 502,957 (36) 919,936 1,050,595 (12) [Read more]