Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOL: ZAR). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPT 30, 2019) Funds flow from operating activities of $1.41 million compared to $2.17 million recorded in the prior quarter. The decrease from the prior quarter was primarily due to lower production volumes and commodity prices that were partially offset by lower general and administrative expenses. Third quarter 2019 production averaged 1,715 barrels of oil … [Read more...]
Petrus Resources Announces Third Quarter 2019 Financial & Operating Results
CALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and nine months ended September 30, 2019. Petrus is focused on generating free funds flow for debt repayment and further development of its Ferrier Cardium asset to increase light oil and total liquids weighting. The Company's Management's Discussion and Analysis ("MD&A") and interim consolidated … [Read more...]
Prairie Provident Resources Announces Third Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2019. PPR’s consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2019 are available on our website at www.ppr.ca and filed on SEDAR. Prairie … [Read more...]
Cardinal Energy Ltd. Announces Third Quarter 2019 Results
CALGARY, Nov. 12, 2019 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2019. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website at … [Read more...]
Pieridae Appoints New Chief Financial Officer
New CFO Well-Positioned to Take Company to the Next Level CALGARY, Alberta, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Mr. Rob Dargewitcz as Chief Financial Officer (“CFO”) of the Company. Mr. Dargewitcz began his new role on November 11, 2019. "We are excited to officially welcome Rob to our leadership team as our new CFO," said Pieridae CEO Alfred Sorensen. "He did a stellar job in helping to … [Read more...]
Altura Energy Inc. Announces Third Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis ("MD&A") are available at www.sedar.com and www.alturaenergy.ca. Selected financial and operating information for the three and nine months ended … [Read more...]
Toscana Energy Announces Third Quarter 2019 Results
CALGARY, Alberta, Nov. 08, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces financial and operating results for the third quarter ended September 30, 2019. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2019. This news … [Read more...]
Painted Pony Announces Closing of Asset Sale
CALGARY, Alberta, Nov. 08, 2019 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce the closing of the previously announced asset sale (the “Asset Sale”) of a 75% working interest in 11,280 gross acres (8,460 net acres) in the northeast British Columbia Montney for cash consideration of $45 million. The Asset Sale acreage totals approximately 4% of Painted Pony’s total Montney acreage prior to closing. As at closing and net of … [Read more...]
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2019
Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the three and nine months ended September 30, 2019. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise indicated) 2019 2018 % 2019 2018 % Petroleum and natural gas revenue, before royalties 93,274 … [Read more...]
Cequence Energy Announces Third Quarter Financial Results
CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2019. The Company’s Management’s Discussion and Analysis (“MD&A”) and Condensed Consolidated Interim Financial Statements are available at cequence-energy.com and on SEDAR at www.sedar.com. HIGHLIGHTS Production was 5,238 boe/d, 22% of which was comprised of crude … [Read more...]
