CALGARY, Alberta, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED June 30, 2019) Funds flow from operating activities of $2.17 million compared to $1.23 million recorded in the prior quarter, and $0.58 million reported in the second quarter of 2018. The increase from the prior quarter was primarily due to higher commodity prices, reduced operating expenses and lower interest expenses due to [Read more]
Birchcliff Energy Ltd. Announces Strong Q2 2019 Results Resulting in an Expanded 2019 Capital Program
CALGARY, Alberta, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and six months ended June 30, 2019 and an expanded 2019 capital program. Birchcliff’s unaudited interim condensed financial statements for the three and six months ended June 30, 2019 and related management’s discussion and analysis (the “MD&A”) will be available on its website at [Read more]
Cardinal Energy Ltd. Announces Monthly Dividend for August
CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our dividend of $0.015 per common share will be paid on September 16, 2019 to shareholders of record on August 30, 2019. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a junior Canadian oil focused [Read more]
Granite Oil Corp. Reports Second Quarter 2019 Financial and Operating Results
GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2019. Second Quarter Highlights and Operations Update During the first six months of 2019, Granite has reduced its net debt by over 10%, exiting the second quarter with net debt of approximately $42.8 million, down approximately $4.9 million from year-end 2018. Granite paid down approximately $0.8 million in net [Read more]
Barnwell Industries, Inc. Reports Results for the Third Quarter and Nine Months Ended June 30, 2019
Barnwell Industries, Inc. (NYSE American: BRN) today reported net losses of $1,365,000, $0.16 per share and $8,090,000, $0.98 per share, for the three and nine months ended June 30, 2019, respectively, as compared to net losses of $374,000, $0.05 per share, and $712,000, $0.09 per share, for the three and nine months ended June 30, 2018, respectively. Mr. Alexander Kinzler, Chief Executive Officer of Barnwell, commented, “The increase in the loss for the quarter ended June 30, 2019 as compared [Read more]
TransGlobe Energy Corporation Announces Declaration of Dividend
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) -- AIM & TSX: “TGL” & NASDAQ: “TGA” TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces declaration of dividend. DECLARATION OF DIVIDEND TransGlobe announced that its Board of [Read more]
TransGlobe Energy Corporation Announces Second Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) -- AIM & TSX: “TGL” & NASDAQ: “TGA” TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2019. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Interim Financial Statements together with the notes related thereto, as well as TransGlobe's Management's [Read more]
Questerre reports second quarter 2019 results
CALGARY, Alberta, Aug. 09, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “During the quarter, we continued to build support for our Clean Tech Energy project during the quarter. Teamsters Canada, one of the largest trade unions in Canada, publicly declared their [Read more]
Cequence Energy Announces Second Quarter Financial Results
CALGARY, Alberta, Aug. 08, 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 six months ended June 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 Optimization projects implemented in the second quarter 2019 increased [Read more]
Pieridae Announces Second Quarter Results
CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its second quarter (“Q2”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six month periods ending June 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at [Read more]
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