BOE Report

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]

Husky Energy Reports Voting Results from 2019 Annual Meeting of Shareholders

CALGARY, Alberta, April 26, 2019 (GLOBE NEWSWIRE) -- At its Annual Meeting of Shareholders held on April 26, 2019, Husky Energy Inc. (TSX: HSE) announced the election of 16 nominees proposed for its Board of Directors as listed in the Management Information Circular dated March 22, 2019.  KPMG LLP was appointed as auditors of the Corporation until the close of the next Annual Meeting of Shareholders.  Votes For Votes Withheld        Nominee  Number   Percent (%)   Number  Percent (%) Victor [Read more]

Husky Energy Announces First Quarter 2019 Dividend and Second Quarter 2019 Preferred Shares Dividend Payments

CALGARY, Alberta, April 26, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Husky Energy (TSX:HSE) has approved a quarterly dividend of $0.125 (Cdn) per common share for the three-month period ended March 31, 2019. The dividend will be payable on July 2, 2019 to shareholders of record at the close of business on June 10, 2019. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the [Read more]