CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) -- Tanager Energy Inc. (“Tanager” or the “Corporation”) (TSX-V: TAN, OTCQB: TANEF) announced today the Company has obtained the approval by its directors of a strategic plan for the balance of the 2019 fiscal year. Following its recent announcement of the appointment of a new CEO, the plan includes the following principal elements: Place Tanager’s three (3) Polk County, Texas Yegua formation wells (Ranger, Stampede and Jones) into [Read more]
Cardinal Energy Ltd. Announces 2018 Year-End Reserves
CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to present its 2018 year end reserves which reinforce our successful 2018 drilling program and the low decline nature of our asset base. RESERVE HIGHLIGHTS (1) Proved Developed Producing ("PDP") reserve additions of 10.7 mmboe replaced 2018 production by 1.4x, predominantly through organic growth and Total Proved plus Probable ("TPP") reserve additions of 12.7 mmboe [Read more]
Altura Energy Inc. Announces 2018 Reserves, an Operational Update and 2019 Guidance
CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Company") (TSX-V: ATU) is pleased to announce the results of the independent evaluation of the Company's oil and natural gas reserves (the "McDaniel Report"), effective December 31, 2018, as prepared by McDaniel and Associates Consultants Ltd. ("McDaniel"), an operational update and 2019 guidance. Altura’s audit of its 2018 annual financial statements is not yet complete and accordingly all financial [Read more]
Gibson Energy Declares Dividend
All financial figures are in Canadian dollars unless otherwise notedCALGARY, Alberta., March 04, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on April 17, 2019, to shareholders of record at the close of business on March 29, 2019. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident [Read more]
Gibson Energy Announces 2018 Fourth Quarter and Year-End Results and Provides Investor Day Webcast Details
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, March 04, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today its operating and financial results for the three months and fiscal year ended December 31, 2018. “We are very pleased with the record financial and operational results Gibson delivered in 2018, as well as the steps we took to deliver on our strategy, including the sanctioning of projects to reach [Read more]
Delphi Energy Corp. Reports 2018 Year End Reserves
CALGARY, Alberta, March 04, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its crude oil and natural gas reserves information for the year ended December 31, 2018 and provide an operations update. HIGHLIGHTS Successfully explored and delineated the Montney at West Bigstone with a drilling program that consisted of twelve (7.8 net) horizontal wells and brought on production twelve (7.8 net) horizontal Montney wells through significantly [Read more]
Gibson Energy Announces 500,000 Barrel Expansion at Hardisty Terminal, and Provides Update on Infrastructure Growth Projects and Non-Core Dispositions
All financial figures are in Canadian dollars unless noted otherwise CALGARY, Alberta, March 01, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today the sanction of 500,000 barrels of new tankage at the Hardisty Terminal under a long-term agreement with an investment grade customer, the closing of the divestitures of Wholesale Propane and non-core Environmental Services North, and continued execution on its infrastructure growth projects. “We [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2018
CALGARY, Alberta, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Storm Resources Ltd. (TSX:SRX) - Storm has also filed its audited consolidated financial statements as at December 31, 2018 and for the three months and year then ended along with Management’s Discussion and Analysis (“MD&A”) for the same periods. This information appears on SEDAR at www.sedar.com and on Storm’s website at www.stormresourcesltd.com. Selected financial and operating information for the three months and year ended December [Read more]
Bellatrix Provides Update on Its Ongoing Debt Refinancing Efforts
CALGARY, Alberta, March 01, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) provides an update regarding its ongoing debt refinancing efforts. As previously announced by the Company, Bellatrix is focused on its key strategic priority of maintaining financial strength and liquidity. Since 2018, the Company has been advancing efforts and evaluating potential alternatives to optimize its capital structure, improve liquidity and enhance long term [Read more]
Cardinal Announces its 2019 Operating and Capital Budget
CALGARY, Alberta, Feb. 28, 2019 (GLOBE NEWSWIRE) -- (CJ:TSX) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce that its Board of Directors has approved a base operating budget for 2019 that will focus on a sustainable dividend, long-term operating cost reduction initiatives, debt repayment and maintaining our production volumes at 2018 levels. Highlights of 2019 Budget Operating cost reduction initiatives targeting an 8% reduction in operating costs within [Read more]
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