BOE Report

Encana discloses 2019 full-year proforma guidance

Plan to deliver unique combination of free cash flow, return of cash to shareholders and high-margin liquids growth 2019 full-year proforma capital investment plan set at $2.7 to $2.9 billion, with more than 75 percent allocated to its Core 3 liquids plays - Permian, Anadarko and Montney Company proceeding with plan to return cash to shareholders through $1.25 billion share buyback and recent dividend increase of 25 percent Expect to deliver non-GAAP free cash flow in a low-to-mid $50 [Read more]

Encana reports fourth quarter and full-year 2018 financial and operating results

Sustainable model delivered free cash flow, strong growth in proved reserves and high-margin liquids Fourth quarter and full-year 2018 highlights: Fourth quarter total production of 403,400 barrels of oil equivalent per day (BOE/d) Fourth quarter liquids production grew more than 25 percent year-over-year, to 192,700 barrels per day (bbls/d) Full-year total production of 361,200 BOE/d Full-year liquids production up 30 percent year-over-year to 168,100 bbls/d Generated [Read more]

Marksmen Announces First Closing of Private Placement

CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX Venture: MAH) (OTCQB: MKSEF) announces that it has completed the first closing of its previously announced non-brokered private placement. The Company issued 3,015,000 units (the “Units”) of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of $301,500 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase [Read more]

Pengrowth to Release 2018 Fourth Quarter Results on March 6, 2019

CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today announced that before market on Wednesday, March 6, 2019, it will release its results for the three and twelve-month periods ended December 31, 2018. Pengrowth will then host a conference call and webcast at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) on the same day to discuss the quarter. Please note that the format of the webcast incorporates a visual [Read more]

Apache Corporation Announces Fourth-Quarter and Full-Year 2018 Financial and Operational Results

HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced fourth-quarter and full-year 2018 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 Feb. 28 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 [Read more]

Baytex Conference Call and Webcast on Fourth Quarter and Year-End 2018 Results to be Held on March 6, 2019

CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2018 fourth quarter and year-end financial and operating results prior to the opening of markets on Wednesday, March 6, 2019.  A conference call and webcast will be held shortly thereafter to discuss the results. Conference Call Details: Date:Wednesday, March 6, 2019  Time:9:00 a.m. MDT (11:00 a.m. EDT)  Dial-in:1-416-915-3239 (Toronto Local and International) 1-800-319-4610 [Read more]

Encana Announces TSX Acceptance of Normal Course Issuer Bid

CALGARY, Alberta, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Encana (NYSE, TSX: ECA) announced today receipt of regulatory approvals for its planned $1.25 billion share buyback. On February 27, 2019, the Toronto Stock Exchange (TSX) accepted its notice of intention to renew its normal course issuer bid (NCIB) through which Encana may purchase up to 149,425,839 common shares during the 12-month period commencing March 4, 2019 and ending March 3, 2020. The number of shares authorized for purchase [Read more]

Occidental Petroleum Announces Dividend

HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.78 per share on common stock payable on April 15, 2019, to stockholders of record as of March 11, 2019. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.12 per share. About Occidental Petroleum Occidental Petroleum [Read more]

Vertex Energy, Inc. to Release Fourth Quarter and Full-Year Financial Results on March 6, 2019

HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Vertex Energy, Inc. (VTNR), a specialty refiner and marketer of high-quality hydrocarbon products, announced today that it will release its financial results for the fourth quarter and year ended December 31, 2018 on Wednesday, March 6, 2019.  Management will host a conference call on the same day at 9:00 A.M. EST. Those who wish to participate in the conference call may telephone 1-877-869-3847 from the U.S. and International callers may [Read more]

Toscana Energy Announces 2018 Reserves

CALGARY, Alberta, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces the Corporation’s 2018 year-end reserves. 2018 Reserves Highlights Increased the weighting of crude oil and NGL reserves to 53% over the reserve base, from 39% in 2017. Proved Developed Producing reserves represent 81% of Proved Reserves. Proved reserves represent 78% of Proved plus Probable Reserves. Net Asset Value (NAV) per share on a Proved [Read more]