BOE Report

Blackbird Energy Inc. Announces Record First Quarter 2019 Financial and Operating Results Including Revenue of $7.4 Million and Corporate Production of 1,736 boe/d

CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its record financial and operational results for the quarter ended October 31, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended October 31, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at [Read more]

Granite Oil Corp. Announces Private Placement Closing

CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO) (OTCQX: GXOCF) announces that it has issued a 3 million common shares (the “Shares”) at a price of $0.52 per Share for aggregate gross proceeds of $1.56 million pursuant to a non-brokered private placement (the “Offering”).  An additional closing of the Offering may be completed for combined total proceeds of up to $2 million. People interested in participating in the Offering should [Read more]

Shell Midstream Partners, L.P. Finalizes Amendment for 2019 Incentive Distribution Rights Growth Waiver

Houston, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”), a growth-oriented midstream master limited partnership formed by Royal Dutch Shell plc (“RDS”), announced that it and its general partner, Shell Midstream Partners GP LLC, have amended the Partnership’s partnership agreement for the 2019 Incentive Distribution Rights (IDR’s) Growth Waiver. As announced on November 2, 2018, the Partnership’s sponsor, RDS, has elected to waive $50 million [Read more]

Altura Energy Inc. Provides a Corporate Update

CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura", or the "Corporation") (TSXV: ATU) is pleased to announce a corporate update including: fourth quarter 2018 production estimates; an increase to its credit facility; and the closing of a previously announced asset acquisition for cash consideration of $1.0 million. PRODUCTION UPDATE October 2018 production averaged 2,053 Boe per day, exceeding 2018 exit production guidance two months early.  November and December [Read more]

Marksmen Announces Proposed Private Placement of Debenture and Granting of Stock Option

CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX: MAH) (OTCB: MKSEF) announces that it has reached an agreement in principal to complete a non-brokered private placement of a non-convertible secured debenture ("Debenture") for gross proceeds of $1,250,000 (the "Offering") and issue 1,800,000 share purchase warrants of the Company (the "Warrants"). Each whole Warrant entitles the holder thereof to purchase one common share of the Company [Read more]

Husky Energy Announces 2019 Budget and Production Update

Capital spending $300 million less than previously forecast Record thermal production in Q4 2018; Full rates achieved at Sunrise, Tucker and Rush Lake 2 CALGARY, Alberta, Dec. 20, 2018 (GLOBE NEWSWIRE) -- Husky Energy plans to spend approximately $3.4 billion on its capital expenditure program in 2019 as it continues to invest in a deep portfolio of higher-margin, longer-life projects. This is about $300 million less than forecast at the Company’s Investor Day in May 2018, and includes capital [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Dec. 20, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 19, 2018 that on the same day Steven Sinclair acquired common shares as follows: PDMRNumber of  Common Shares AcquiredPrice ($CDN)Number of Common Shares held following the transaction% of Company's issued share capital heldSteven Sinclair20,000$2.28750,0000.069% Notification of a Transaction [Read more]

Blackbird Energy Inc. Receives Strong Shareholder Support for Strategic Combination With Pipestone Oil Corp.

CALGARY, Alberta, Dec. 19, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce that its shareholders (the “Blackbird Shareholders”) have approved the previously announced strategic combination of Blackbird and Pipestone Oil Corp. (the “Transaction”) at a special meeting held today, by a majority of over 99% of votes cast.  The Blackbird Shareholders also approved the continuance of Blackbird from British Columbia into Alberta (the [Read more]

Marksmen Announces Operational Update

CALGARY, Alberta, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) is a 60% working interest partner in a Clinton Sandstone Horizontal (“CSH”) well drilled in Hocking County, Ohio. The operator of the well is Hocking Hills Energy and Well Services LLC of Ohio. The Leaman #1 CSH well has been drilled and completed with a 12-stage hydraulic fracturing program. The remedial work required due to technical difficulties encountered after the hydraulic fracturing [Read more]

Corridor Provides Update on Its Operations in New Brunswick

HALIFAX, Nova Scotia, Dec. 19, 2018 (GLOBE NEWSWIRE) -- (TSX - CDH): Corridor Resources Inc. (“Corridor”) is pleased to provide an update on its operations in New Brunswick. Update on Pricing, Additional Financial Hedges, Production and Guidance 2018/2019 In our press release dated November 13, 2018, Corridor announced the following financial hedges for the winter of 2018/2019: 2,500 mmbtupd of natural gas production at a fixed price of $US12.72/mmbtu for January 2019 and 2,500 mmbtupd at a [Read more]