BOE Report

NuVista Energy Ltd. Announces Record Increase to Reserves, Provides Positive Year End 2018 Financial and Operating Results, Re-Affirms Strong 2019 Production Growth

CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce results for the three months and year ended December 31, 2018 and provide an update on our future business plans. Record 2018 Results, Strong 2019 Growth During the quarter and year ended December 31, 2018, NuVista: Produced a record 49,060 Boe/d for the fourth quarter of 2018, above the top of the guidance range of 46,000 – 48,500 Boe/d and 31% greater [Read more]

Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2018

CALGARY, Alberta, March 06, 2019 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the fourth quarter and year ended December 31, 2018. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31 Year ended December 31 (CA$ thousands, except as otherwise indicated) 2018 2017 % 2018 2017 % Petroleum and natural gas revenue, before [Read more]

Pengrowth Announces Fourth Quarter 2018 Results, Provides Reserves Update and Launches Strategic Review

Lindbergh Exits 2018 as Expected With Production Greater Than 19,000 Barrels per Day and Continued into 2019 at the Upper End of Our Guidance Despite Alberta's Curtailment Program CALGARY, Alberta, March 06, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth” or the "Company") (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and twelve months ended December 31, 2018 as well as its reserves as at December 31, 2018. Subsequent to the quarter the Company signed a [Read more]

Baytex Announces Fourth Quarter and Full Year 2018 Financial and Operating Results and 2018 Year End Reserves

CALGARY, Alberta, March 06, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months and year ended December 31, 2018 (all amounts are in Canadian dollars unless otherwise noted). “In 2018, we repositioned our company through the Raging River combination which increased our high netback light oil assets while also deleveraging our balance sheet. Our operations are performing exceptionally well as we execute our [Read more]

Tanager Energy Announces Strategic Plan and Continuance to BC

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]