THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, March 12, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported today on the results of its December 31, 2017 Reserves Assessment and Evaluation of its oil and natural gas properties (the “Report”), as evaluated by McDaniel & Associates Consultants Ltd.(“McDaniel”) [Read more]
Traverse Energy Ltd. Updates Duvernay Shale Basin Activity
CALGARY, Alberta, March 09, 2018 (GLOBE NEWSWIRE) -- Traverse Energy Ltd. (the “Corporation”) (TSX Venture:TVL) provides an update on its Chigwell Duvernay well (102/03-32-042-24W4) drilled in October 2017. The Corporation’s Duvernay horizontal well (100% working interest) was completed in late November and early December 2017. The well was completed utilizing the plug and perforate stimulation process. A horizontal length of 2,172 meters was stimulated with sand placed at a 1.6 tonnes per [Read more]
Baytex Energy Files 2017 Year-End Disclosure Documents
CALGARY, Alberta, March 09, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX:BTE) (NYSE:BTE) announces the filing of its Annual Information Form for the year ended December 31, 2017 (the “AIF”) with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval (“SEDAR”). In addition, Baytex has filed its Annual Report on Form 40-F for the year ended December 31, 2017, which includes the AIF, with the U.S. Securities and Exchange Commission on [Read more]
Chinook Energy Inc. Announces Fourth Quarter and 2017 Results
CALGARY, Alberta, March 08, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX:CKE) is pleased to announce its fourth quarter and 2017 financial and operating results. Our operational and financial highlights for the three months and year ended December 31, 2017 are noted below and should be read in conjunction with our consolidated financial statements for the years ended December 31, 2017 and 2016 and our related management’s discussion and analysis which have been [Read more]
Petrus Resources Announces Fourth Quarter and Year End 2017 Financial & Operating Results and Year End Reserve Information
CALGARY, Alberta, March 08, 2018 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:PRQ) is pleased to report financial and operating results for the three and twelve month periods ended December 31, 2017 and to provide summary 2017 year end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The Company's Management's Discussion and Analysis ("MD&A") and audited consolidated financial statements dated as at and for the year ended December [Read more]
Granite Oil Corp. Announces 2017 Record Year End Reserve Metrics and Operational Update
CALGARY, Alberta, March 07, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to present the summary results of the independent reserves report (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2017. In 2017 Granite invested approximately $18.8 million of capital expenditures (unaudited) all organically, including approximately $3.0 million of exploration, into its 100%-owned [Read more]
Touchstone Increases 2P Reserves by 18% to 18,535 Mbbl
CALGARY, Alberta, March 08, 2018 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) announces the results of its independent year-end 2017 reserves evaluation. Reserve numbers provided herein were derived from an independent reserves report (the “Reserves Report”) prepared by GLJ Petroleum Consultants Ltd. (“GLJ”) effective December 31, 2017. All currency amounts are in Canadian dollars unless otherwise stated. The financial information contained [Read more]
Delphi Energy Corp. Reports 2017 Year End Results and Reserves and Provides Operations Update
CALGARY, Alberta, March 07, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) (TSX:DEE) is pleased to announce its financial and operational results, crude oil and natural gas reserves information for the year ended December 31, 2017 and an operations update. 2017 HIGHLIGHTS Produced 8,401 barrels of oil equivalent per day (“boe/d”), a 14 percent increase from 7,392 boe/d in 2016. Average production in the fourth quarter of 2017 increased 35 percent to 9,588 boe/d [Read more]
Athabasca Oil Corporation Announces Fourth Quarter and Year End 2017 Results
CALGARY, Alberta, March 07, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its fourth quarter and year end results. Over the last three years, Athabasca has transitioned from an early-stage exploration company into a sustainable intermediate producer with a strong cash flow outlook. During 2017, the Company successfully integrated a cornerstone Thermal Oil asset, achieved scale in its Light Oil Division and recapitalized its [Read more]
Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2017
CALGARY, Alberta, March 07, 2018 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (“Kelt” or the “Company”) (TSX:KEL) has released its financial and operating results for the fourth quarter and year ended December 31, 2017. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31Year ended December 31(CA$ thousands, except as otherwise indicated) 2017 2016%2017 2016 %Petroleum and natural gas revenue, before royalties 80,838 55,737 45 [Read more]
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