CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it has secured an additional $200 million to $250 million of growth capital opportunities, consisting of the sanction of one million barrels of new tankage at the Hardisty Terminal, the expansion of the Moose Jaw Facility and the acceleration of the U.S. strategy through the extension of the Pyote gathering system. “Our announcement today represents the continued [Read more]
Gibson Energy Announces 2018 Second Quarter Results
All financial figures are in Canadian dollars CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today its operating and financial results for the three and six months ended June 30, 2018. Financial Highlights: Infrastructure segment profit of $68 million, an $11 million or 18% increase over the second quarter of 2017, primarily due to additional tankage entering service at the beginning of 2018 under take-or-pay, [Read more]
Zargon Oil & Gas Ltd. Provides 2018 Second Quarter Results and Provides Updated Guidance
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2018) Funds flow from operating activities of $0.58 million compared to a negative $0.30 million recorded in the prior quarter, and the positive $1.14 million reported in the second quarter of 2017. The increase from the prior quarter is primarily due to increased WTI prices and improved [Read more]
Bonterra Energy Corp. Announces Second Quarter 2018 Financial and Operational Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) is pleased to announce its operating and financial results as at and for the three and six months ended June 30, 2018. The related unaudited condensed financial statements and notes, as well as management’s discussion and analysis (“MD&A”), are available on SEDAR at www.sedar.com and on Bonterra’s website [Read more]
Peyto Announces Q2 2018 Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto” or the “Company") (TSX:PEY) is pleased to present its operating and financial results for the second quarter of the 2018 fiscal year. An annualized 9% return on equity (ROE) and 8% return on capital employed (ROCE) was delivered in the quarter by achieving a 72% operating margin (1) and a 19% profit margin (2), all while navigating through the lowest Alberta natural gas price environment in the [Read more]
Pine Cliff Energy Ltd. Announces Second Quarter 2018 Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, 2018 (the "Q2-Report"). Selected highlights are shown below and should be read in conjunction [Read more]
Chaparral Energy to Present at EnerCom Oil and Gas Conference
OKLAHOMA CITY, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE:CHAP) today announced the company will present at EnerCom’s Oil and Gas Conference in Denver on Monday, August 20. The company will also hold one-on-one meetings throughout the day Monday and Tuesday, August 20 and 21. A copy of the company’s updated August presentation will be available on the Investor page of its website at chaparralenergy.com/investors prior to the conference. About Chaparral Chaparral Energy [Read more]
Cenovus releases 2017 corporate responsibility report
CALGARY, Alberta, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has published its 2017 corporate responsibility report detailing the company's efforts to accelerate its environmental performance, protect the health and safety of its staff, invest in and engage with the communities where it operates and maintain the highest standards of corporate governance. Highlights for 2017 included: Achieving the company’s lowest ever total recordable injury frequency [Read more]
National Fuel Gas Company Statement on FERC Ruling for the Northern Access Project
WILLIAMSVILLE, N.Y., Aug. 07, 2018 (GLOBE NEWSWIRE) -- We are pleased with yesterday’s ruling which removes a major barrier for an important project that will provide consumers with increased access to abundant energy supplies, while also improving reliability and resiliency of the energy grid. We remain committed to the Project, and due to the significant delay caused by the actions of the state agency, our team is developing a revised timeline including reviewing the status of various other [Read more]
Sanchez Energy Announces Second Quarter 2018 Financial Results and Operations Update
HOUSTON, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) (“Sanchez Energy” or the “Company”) today announced financial and operating results for the second quarter 2018. Second quarter 2018 highlights include: Production of 7.2 million barrels of oil equivalent (“MMBoe”), or 79,516 barrels of oil equivalent per day (“Boe/d”); Revenues of approximately $259 million, a 48 percent increase compared to the second quarter 2017; A net loss of $35.0 million, which includes [Read more]
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