BOE Report

Baytex Announces First Quarter 2019 Financial and Operating Results

CALGARY, Alberta, May 02, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months ended March 31, 2019 (all amounts are in Canadian dollars unless otherwise noted). “This marks the first quarter where we have demonstrated the benefit of the Baytex and Raging River combination as we have increased our operating netback, delivered meaningful free cash flow and started to strengthen our balance sheet. Our first [Read more]

Granite Oil Corp. Provides 2019 Well Test Results, Operational and Corporate Update

CALGARY, Alberta, May 01, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to provide material test results from its well drilled and completed in the second quarter of 2019, preliminary first-quarter results including significant debt repayment, and advancements in operational and Corporate efficiencies. In April, Granite successfully drilled and completed one development well in the Western portion of its Alberta Bakken property. The [Read more]

Suncor Energy reports first quarter 2019 results

CALGARY, Alberta, May 01, 2019 (GLOBE NEWSWIRE) -- “Suncor’s integrated model has consistently generated positive results through changing market conditions, including mandatory production curtailments in Alberta, and the first quarter of 2019 was no different,” said Mark Little, president and chief operating officer. “Funds from operations increased to $2.6 billion in the first quarter of 2019 as we continue to execute on our long‑term strategy.” Funds from operations were $2.585 billion [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars.CALGARY, Alberta, May 01, 2019 (GLOBE NEWSWIRE) -- Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable June 25, 2019 to shareholders of record at the close of business on June 4, 2019. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing [Read more]

Apache Corporation Announces First-Quarter 2019 Financial and Operational Results

HOUSTON, May 01, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced first-quarter 2019 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 May 2 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]

Canadian Natural Resources Limited Provides Update on the Scotford Upgrader

CALGARY, Alberta, May 01, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited ("Canadian Natural" or the "Company") provides a follow up report on the event which occurred at the Scotford Upgrader, in which the Company has a 70% interest, on Monday April 15, 2019 at approximately 8:45am. Shell Canada, as Operator of the Scotford Upgrader, along with Strathcona County Emergency Services responded to a fire in the upgrader expansion area ("North Upgrader") at the Scotford Upgrader, while [Read more]

Encana reports on the election of directors voting results from the 2019 Annual Meeting of Shareholders

CALGARY, Alberta, April 30, 2019 (GLOBE NEWSWIRE) -- (TSX, NYSE: ECA) The following matter was voted upon at the Annual Meeting of Shareholders of Encana Corporation (the “Corporation”) held on April 30, 2019, in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and 2019 Proxy Statement dated March 14, 2019. Election of Directors By resolution passed via ballot, the following 12 nominees were appointed as Directors of the [Read more]

Berkshire Hathaway Commits to $10 Billion Equity Investment in Occidental to Finance Acquisition of Anadarko

HOUSTON, April 30, 2019 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) announced today that, in connection with the financing of Occidental’s proposal to acquire Anadarko Petroleum Corporation (“Anadarko”) (NYSE: APC), Berkshire Hathaway, Inc. has committed to invest a total of $10 billion in Occidental. The investment is contingent upon Occidental entering into and completing its proposed acquisition of Anadarko. Berkshire Hathaway will receive [Read more]

Encana reports 2019 first quarter financial and operating results

Company increases targeted G&A synergies and achieves Anadarko well cost reductions identified in Newfield acquisition; Full year 2019 capital investment plan and production outlook reiterated First quarter 2019 highlights: Following the successful close of the Newfield acquisition, Encana exceeds annualized general and administrative (G&A) synergies by $25 million; new annualized estimate increased to $150 million Anadarko well costs reduced by $1 million since acquisition [Read more]

Kelt Announces Results of Shareholders’ Meeting

CALGARY, Alberta, April 26, 2019 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (“Kelt” or the “Company”) (TSX:KEL) is pleased to announce that all matters presented for approval at the Annual and Special Meeting of Shareholders held April 25, 2019 have been fully authorized and approved.  A total of 130,402,279 common shares, representing 70.87% of the common shares, were represented in person or by proxy at the meeting.  A brief description of the matters voted upon and the outcome of the votes [Read more]