Return on capital employed of 10% in 2017 Q4 condensate production of 63,700 bbls/d, up 47%; operating netback of $24.86 per boe CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) -- Seven Generations (TSX:VII) achieved record funds from operations of $1.23 billion for 2017 and $404 million in the fourth quarter, up 66 percent and 84 percent respectively from the same periods of the prior year. Cash provided by operating activities also increased by 74 percent to $310 million in the fourth [Read more]
Bellatrix Announces Filing of 2017 Annual Information Form and Form 40-F
CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX:BXE) (NYSE:BXE) today announces the filing of its Annual Information Form (“AIF“) for the year ended December 31, 2017, with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval (“SEDAR“). In addition, Bellatrix has filed its Form 40-F for the year ended December 31, 2017, which includes the AIF, with the United States [Read more]
Suncor Energy announces change to Syncrude turnaround timing and provides overall Suncor production update
CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) -- Suncor today announced that the Syncrude maintenance turnaround originally scheduled to begin in April, will be moved up by approximately one month. On March 15, Syncrude plans to begin an eight-week turnaround, which was originally scheduled to begin in April. Advancing the turnaround will permit Syncrude to address an unrelated issue which has been constraining capacity on a line that feeds bitumen from the mine to the upgrader. Executing [Read more]
Pine Cliff Energy Ltd. Announces Annual 2017 Results and Filing of 2017 Disclosure Documents
CALGARY, Alberta, March 13, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce its year-end financial and operating results and the filing of its 2017 disclosure documents. Included in the filings were Pine Cliff's annual information form (“AIF”), which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities [Read more]
Bellatrix Exploration Ltd. Announces Fourth Quarter 2017 and Year End Financial and Operating Results
CALGARY, Alberta, March 13, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, "we", "us", "our" or the “Company”) (TSX:BXE) (NYSE:BXE) announces its financial and operating results for the fourth quarter and year ended December 31, 2017. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management’s Discussion [Read more]
Bonterra Energy Corp. Announces Year End 2017 Results
CALGARY, Alberta, March 13, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) is pleased to announce its operating and financial results for the year ended December 31, 2017. The related financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the year ended December 31, 2017 and annual information form (“AIF”) as of December 31, 2017 are available on SEDAR at www.sedar.com and on Bonterra’s [Read more]
Blackbird Energy Inc. Provides an Operational Update Including Significant Upper Montney Test Results, an Expanded Credit Facility, Estimated Monthly Sales Volumes and a Preliminary Northern Development Program
CALGARY, Alberta, March 13, 2018 (GLOBE NEWSWIRE) -- Blackbird Energy Inc. (TSX-V:BBI) (“Blackbird” or the “Company”) is pleased to announce test results from its 3-27-71-7W6 Upper Montney Delineation well, expansion of the Company’s credit facility to $20 million, estimated monthly sales volumes and productive capacity, preliminary plans for a development program north of the Wapiti River, and results from the Company’s 2018 Annual and Special Meeting of Shareholders (the “AGM”). “The [Read more]
NuVista Energy Ltd. Announces Year End 2017 Reserves, Financial And Operating Results
CALGARY, Alberta, March 12, 2018 (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, 2017 and provide an update on our future business plans. For NuVista, 2017 was a very active and successful year with significantly increased adjusted funds flow, record production, and material reserves per share growth. These milestones were reached while advancing significantly on our 60,000 Boe/d five [Read more]
Questerre reports year-end reserves and resources
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]
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