BOE Report

Gulfport Energy Corporation Schedules Fourth Quarter and Full Year 2018 Financial and Operational Results Conference Call

OKLAHOMA CITY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) today scheduled its fourth quarter and full year 2018 financial and operational results conference call. Gulfport will hold a conference call on Thursday, February 28, 2019 at 8:00 a.m. CST to discuss its fourth quarter and full year of 2018 financial and operational results and to provide an update on the Company’s recent activities. Gulfport's fourth quarter and full [Read more]

Cenovus delivers strong operating performance in 2018

Company reduces debt and maintains capital discipline CALGARY, Alberta, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered strong operating performance in 2018 while demonstrating financial resilience in a challenging and volatile Canadian commodity price environment. “In the fourth quarter, in some of the most difficult macro-economic conditions we’ve ever faced and while voluntarily managing our oil sands production lower, we remained relatively [Read more]

Petrocapita Announces Commencement of A Strategic Alternatives Process

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Petrocapita Income Trust (CSE:PCE.UN) (“Petrocapita”,  the “Company”, or the “Trust”) announces that further to the press release dated December 21, 2018 it has commenced a public strategic alternatives process. Petrocapita is open to all alternatives which include, but are not limited to, a sale of the Company for cash, a merger of the Company with another oil and natural gas entity, or a sale of some or all of the Company’s assets. Any [Read more]

Pine Cliff Energy Ltd. Announces 2019 Guidance and 2018 Year-End Reserves

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce 2019 guidance and 2018 year-end reserves. 2019 Guidance Pine Cliff’s Board of Directors has approved a 2019 capital budget of $10.0 million that will be funded from adjusted funds flow.  Pine Cliff intends to spend approximately $1.9 million drilling four (0.4 net) wells in the liquids rich Edson area of Alberta, $1.7 million drilling one (0.6 net) oil [Read more]

Cequence Energy Announces Operations Update and Executive Appointment

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to provide an operational update and announce an Executive Management change at the Company. Operations Update: Field production for the 2018 calendar year averaged approximately 6,490 boe/d (23% liquids), with January 2019 field estimates averaging 5,900 boe/d (27% liquids).  The Company’s recent two gross, two net Dunvegan oil wells that were drilled and completed in [Read more]

Husky Energy to Report 2018 Fourth Quarter and Annual Results

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) will release its 2018 fourth quarter and annual results before markets open on Tuesday, February 26, 2019. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time). CEO Rob Peabody, COO Rob Symonds and CFO Jeff Hart will participate in the call.                                                   To listen live: Canada and U.S. Toll Free: 1-855-327-6838 Outside Canada and [Read more]

Pieridae Energy Limited Announces Private Placement

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) --Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by KES 7 Capital Inc. (“KES 7”), National Bank Financial Inc. (“NBF”), and Laurentian Bank Securities Inc. with KES 7 and NBF acting as joint book runners, in connection with a commercially reasonable efforts agency private placement of up to 7,500,000 common shares at a price of $2.00 per [Read more]

Chinook Energy Inc. Announces Its Unaudited 2018 Year End Results and Reserves

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today announced its unaudited 2018 year end results and the results of its year end reserve evaluation effective December 31, 2018 as prepared by its independent evaluator. Chinook's audit of its 2018 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news release are unaudited and represent management's estimates.  [Read more]

Encana and Newfield’s strategic combination receives shareholder approvals

CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) announced that the proposals necessary for the companies’ planned strategic combination were approved at the special shareholder meetings held today. The transaction will create North America’s premier resource company. The transaction is expected to close on February 13, 2019, subject to satisfaction of remaining customary closing conditions. [Read more]

Marksmen Announces Proposed Private Placement

CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it plans to complete a non-brokered private placement of up to 4,650,000 units (the “Units”) of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of up to a maximum of $465,000 (the “Offering”). There is no minimum Offering. The Units will be comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of [Read more]