FORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results. Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 millionGAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income of $90.7 million ($0.36 per diluted share)Utilized free cash flow to reduce borrowings on credit facility by approximately $48 … [Read more...]
SRC Energy Issues Preliminary First Quarter 2019 Results; Provides an Operations Update and Updates 2019 Production Guidance
DENVER, April 22, 2019 (GLOBE NEWSWIRE) -- SRC Energy Inc. (NYSE American: SRCI) (“SRC” or the “Company”), an oil and gas exploration and production company focused in the Denver-Julesburg Basin, today issues preliminary first quarter 2019 operating results, provides an operations update, updates 2019 production guidance, and announces its first quarter 2019 earnings release and conference call dates. PRELIMINARY FINANCIAL & OPERATIONS SUMMARY Three Months Ended 3/31/201912/31/2018% … [Read more...]
PrairieSky Announces 2019 First Quarter Results
CALGARY, Alberta, April 22, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its first quarter ("Q1 2019") operating and financial results for the period ended March 31, 2019. PRESIDENT’S MESSAGE First Quarter 2019 Highlights: • Total revenues of $73.2 million, up 42% from $51.6 million in Q4 2018, comprised of royalty production revenues of $66.5 million and other revenues of $6.7 million for the first … [Read more...]
Upstream Exploration Announces Successful Recompletion, Total Company Production Reaches New Milestone
METAIRIE, La., April 18, 2019 (GLOBE NEWSWIRE) -- Upstream Exploration LLC (“Upstream” or the “Company”) a privately-held independent oil and gas exploration and production company, announced a successful well recompletion in Breton Sound Block 31 Field located in Plaquemines Parish, Louisiana. The well, referred to as the Pegasus, was successfully recompleted uphole to the geopressured Middle Miocene age Cris I-4 sand in late January 2019. The well initially flowed approximately 884 gross … [Read more...]
Foothills Exploration Inc. Announces Appointment Of Tara Roberts To The Position Of Vice President Of Business Development
LOS ANGELES, April 18, 2019 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC.QB: FTXP) (the “Company,” or “Foothills”), an independent oil and gas exploration company engaged in the acquisition and development of natural gas and oil properties in the Rockies today announced the appointment of Tara Roberts to the position of Vice President of Business Development. In this role, Roberts will lead the Company’s business development efforts, including the formation of strategic alliances, joint … [Read more...]
Toscana Files Shareholder and Debentureholder Meeting Materials
CALGARY, Alberta, April 18, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX:TEI) has filed its meeting materials in connection with the previously announced annual and special meeting of shareholders and extraordinary meeting of debentureholders each scheduled for May 10, 2019 at 9:00 a.m. and 11:00 a.m., respectively, and each being held in connection with, among other things, consideration of a transaction (the “Transaction”) pursuant to which … [Read more...]
Pine Cliff Energy Ltd. Announces Strategic Acquisition, CDE Flow-Through and Common Share Financings and Increased 2019 Capital Spending and Production Guidance
CALGARY, Alberta, April 17, 2019 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce that it has entered into an agreement to acquire oil and natural gas assets (the “Assets”) in the Ghost Pine area of Central Alberta for net cash consideration of $8.6 million, after estimated closing adjustments (the “Acquisition”). The Acquisition will have an effective date of October 1, 2018 and is expected to close on or around May 31, 2019 (the … [Read more...]
Halcón Resources Appoints Carin Barth to the Company’s Board of Directors
Announces Settlement Agreement with Fir Tree Capital Management Denver, Colorado, April 17, 2019 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE:HK) ("Halcón" or the "Company") today announced that the Company's Board of Directors has appointed Carin Barth to the Board as a Class A director who is expected to stand for re-election at the Company’s 2020 annual meeting. With the addition of Ms. Barth, the Halcón Board has expanded from seven to eight directors, all of whom are … [Read more...]
Gulfport Energy Corporation Provides First Quarter 2019 Production and Pricing and Schedules First Quarter 2019 Financial and Operational Results Conference Call
OKLAHOMA CITY, April 17, 2019 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) today provided an update for the quarter ended March 31, 2019. Key information includes the following: Net production during the first quarter of 2019 averaged 1,263.6 MMcfe per day. Realized natural gas price for the first quarter of 2019, before the impact of derivatives and including transportation costs, averaged $2.70 per Mcf, a $0.46 per Mcf differential to … [Read more...]
Freehold Royalties Ltd. Declares Dividend for April 2019
CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on May 15, 2019 to shareholders of record on April 30, 2019. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in … [Read more...]
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