BOE Report

Whitecap Resources Inc. announces 2013 third quarter results and 2014 guidance

CALGARY, Nov. 7, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's unaudited interim financial statements and related MD&A which are [Read more]

Vermilion Energy Inc. Announces Dividend Increase and 2014 Guidance

CALGARY, Nov. 7, 2013 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We" or "Our") (TSX: VET) (NYSE: VET) is pleased to announce that our Board of Directors has approved a 7.5% increase in the monthly cash dividend to $0.215 CDN per share from the current level of $0.20 CDN per share.  The increase is expected to become effective for the January 2014 dividend payable on February 17, 2014(1). This marks the third increase to our monthly dividend (previously our distribution during our income trust [Read more]

Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2013

CALGARY, Nov. 7, 2013 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report interim operating and unaudited financial results for the three and nine months ended September 30, 2013. HIGHLIGHTS Recorded average production of 41,510 boe/d during the third quarter of 2013, compared to 42,813 boe/d in the prior quarter and 36,546 boe/d in the third quarter of 2012.  The modest decrease in quarter-over-quarter production was [Read more]

Bellatrix Exploration Ltd. Announces Third Quarter 2013 Financial Results

TSX, NYSE MKT: BXE CALGARY, Nov. 7, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and nine months ended September 30, 2013. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the management's [Read more]

ARC Resources Ltd. Announces New Director Appointment

CALGARY, Nov. 6, 2013 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") is pleased to announce the appointment of Mr. William Sembo to ARC's Board of Directors.  Mr. Sembo recently retired from his role as Vice Chairman at RBC Capital Markets. With approximately 40 years of industry experience, Mr. Sembo has spent the majority of his career in energy investment banking. He has expertise in investment banking, corporate credit and mergers and acquisitions. Prior to joining a predecessor firm of RBC [Read more]

ARC Resources Ltd. reports third quarter 2013 results

CALGARY, Nov. 6, 2013 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its third quarter 2013 operating and financial results.  Third quarter production averaged 94,515 boe per day and funds from operations were $220.4 million ($0.71 per share).  ARC's Condensed Interim Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for three and nine months ended September 30, 2013 and 2012, are available on ARC's website at [Read more]

ARC Resources Ltd. announces a $915 million capital program targeting 17 per cent growth in production in 2014

CALGARY, Nov. 6, 2013 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") announced today that its Board of Directors has approved a $915 million capital program for 2014 directed at high value oil and liquids-rich gas plays and investment in its low cost Montney gas assets.  ARC expects annual average production growth of approximately 17 per cent in 2014. Myron Stadnyk, ARC's President and Chief Executive Officer, said, "With a clear line of sight toward future value creation, we are building a [Read more]

Calvalley announces financial results for the third quarter ended September 30, 2013

CALGARY, Nov. 6, 2013 /CNW/ - Calvalley Petroleum Inc., (TSX: CVI.A) Highlights Earnings in the third quarter of 2013 were $0.07 per share ($5.3 million) compared to $0.05 per share ($4.5 million) in the third quarter of 2012. For the nine month period ended September 30, 2013 earnings were $0.21 per share ($17.2 million) compared to $0.21 per share ($19.6million) for the nine month period in 2012. Inventory of crude oil at the end of September 30, 2013 was approximately 41,500 barrels and [Read more]

Pembina Pipeline Corporation Announces November 2013 Dividend

CALGARY, Nov. 6, 2013 /CNW/ - The Board of Directors of Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has declared a common share cash dividend for November 2013 of $0.14 per share to be paid, subject to applicable law, on December 15, 2013 to shareholders of record on November 25, 2013. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends are considered "qualified [Read more]

Montney Formation one of the Largest Gas Resources in the World, report shows

CALGARY, Nov. 6, 2013 /CNW/ - The National Energy Board (NEB or Board), the British Columbia Oil and Gas Commission, the Alberta Energy Regulator, and the British Columbia Ministry of Natural Gas Development jointly released the first study ever to estimate the marketable unconventional petroleum resources in the Montney Formation. Recent advances in technology, such as multi-stage hydraulic fracturing, have made it possible to economically develop unconventional gas and oil in the Montney [Read more]