CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Commenting on third quarter 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The strength of our well balanced and diverse portfolio, combined with Canadian Natural's ability to effectively and efficiently execute, delivered a strong third quarter for the Company. Record quarterly adjusted funds flow of over $2.8 billion was achieved in the third quarter and adjusted funds flow of $7.9 billion was achieved in the [Read more]
Suncor Energy reports third quarter 2018 results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, except for Libya, which is on an entitlement basis. Certain financial measures referred to in [Read more]
Apache Corporation Announces Third-Quarter Financial and Operational Results
HOUSTON, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced third-quarter 2018 financial and operational results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call Nov. 1 at 10 a.m. Central time to discuss the results. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for [Read more]
TransCanada Announces $1.5 Billion NGTL System Expansion to Connect WCSB Supply to Incremental Market Demand
CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) announced today that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand. “The NGTL System continues to expand as parties require and contract for greater pipeline capacity to meet the growing demand for clean-burning natural gas from domestic and [Read more]
PetroQuest Energy, Inc. Extends Forbearance Agreements
LAFAYETTE, La., Oct. 31, 2018 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that it has extended its previously announced forbearance agreements (as amended prior to the date hereof, the “Forbearance Agreements”) with the administrative agent and the lenders under its multi-draw term loan agreement (the “Loan Agreement”), the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due [Read more]
Pieridae Receives Permit to Construct the Goldboro LNG Facility
CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility. Pieridae will now proceed diligently to satisfy each of the associated conditions of that permit and to commence the construction of the Goldboro LNG Facility as soon as a positive financial investment decision is taken by Pieridae. In anticipation of the commencement of construction, [Read more]
Cenovus delivers exceptional third-quarter performance
Net debt down $1.6 billion from previous quarter CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) generated more than $700 million of free funds flow and nearly $1 billion in adjusted funds flow in the third quarter, driven by exceptional operating performance in its oil sands and refining and marketing businesses. Oil sands production exceeded 376,000 barrels per day (bbls/d) with record-low operating costs for the second straight quarter. [Read more]
Blackbird Energy Inc. and Pipestone Oil Corp. Announce a Strategic Merger and $310 Million in Equity and Debt Financings to Form a Premier High Growth Pure-Play Condensate Rich Montney Company
CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Blackbird Energy Inc. (“Blackbird”) (TSX-V: BBI) and Pipestone Oil Corp. (“Pipestone Oil”) are pleased to announce that they have entered into an agreement (the “Arrangement Agreement”) dated October 29, 2018 that provides for the combination of Blackbird and Pipestone Oil (the “Transaction”). Concurrent with the Transaction, Blackbird and Pipestone Oil have entered into agreements with certain of their existing shareholders who have committed [Read more]
Jones Energy, Inc. Schedules 2018 Third Quarter Earnings Release and Conference Call
AUSTIN, Texas, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) announced today that it plans to release its 2018 third quarter financial and operational results on Wednesday, October 31, 2018 after the market closes. In connection with the earnings release, Jones Energy will host a conference call to discuss the quarter and provide a company update on Thursday, November 1, 2018 at 10:30 a.m. ET (9:30 a.m. CT). The conference call can be [Read more]
PrairieSky Announces Third Quarter 2018 Results
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2018. PRESIDENT’S MESSAGE Third Quarter 2018 Highlights: Total revenues of $78.1 million comprised of royalty production revenues of $71.4 million and other revenues of $6.7 million. Funds from Operations of $67.0 million ($0.29 per share basic and $0.28 per [Read more]
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