BOE Report

Husky Energy Announces Fourth Quarter 2018 Dividend and First Quarter 2019 Preferred Shares Dividend Payments

CALGARY, Alberta, Feb. 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 December 31, 2018. The dividend will be payable on April 1, 2019 to shareholders of record at the close of business on March 19, 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]

Husky Energy Reports 2018 Fourth Quarter and Annual Results; Updates 2019 Guidance

CALGARY, Alberta, Feb. 26, 2019 (GLOBE NEWSWIRE) -- This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “net debt”, “net debt to trailing funds from operations”, “EBITDA”, “operating netback” and “sustaining capital”. Please refer to “Non-GAAP Measures” at the end of this news release. Husky Energy (TSX:HSE) generated funds from operations of $4 billion in 2018, an increase of 21 percent from 2017. Annual net earnings rose 85 [Read more]

Chaparral Energy Announces 2019 Operational and Capital Guidance, Schedules 2018 Year-end Results Call

OKLAHOMA CITY, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced 2019 production and capital investment guidance. Highlights Forecasted 2019 total company production of 25 to 27 thousand barrels of oil equivalent per day (MBoe/d)Estimated 2019 STACK production of 21 to 23 MBoe/d, which represents an anticipated 45% to 59% year-over-year growthPlanned total capital investment of $275 to $300 million, which includes STACK/Merge operated drilling and [Read more]

Prairie Provident Announces Fully Funded 2019 Capital Budget and Guidance

CALGARY, Alberta , Feb. 25, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce our planned 2019 capital expenditure budget, approved by the Company’s Board of Directors, which underspends forecast 2019 cash flow. With continued volatility and uncertainty in Canadian oil and natural gas prices, coupled with PPR’s ongoing commitment to enhance financial flexibility, the Company believes it has developed a disciplined and [Read more]

DCP Midstream Files Form 10-K for Fiscal Year 2018

DENVER, Feb. 25, 2019 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) has filed its Form 10-K for the fiscal year ended December 31, 2018 with the Securities and Exchange Commission.  A copy of the Form 10-K, which contains our audited financial statements, is available for viewing and downloading on the investor section of our website at www.dcpmidstream.com. Investors may request a hardcopy of the Form 10-K free of charge by emailing Irene Lofland at ilofland@dcpmidstream.com. About DCP [Read more]

Razor Energy Corp. Announces 2018 Year-End Reserves and Net Asset Value

CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to provide a summary of its 2018 year-end reserves evaluation. The highlights and reserves summary below set forth Razor’s gross reserves as at December 31, 2018, as evaluated by Sproule Associates Limited (“Sproule”) in an independent report dated February 19, 2019 (the “Sproule Report”). The figures in the following tables have been prepared in accordance with the standards [Read more]

Zargon Oil & Gas Ltd. Announces Appointment of Additional Director

CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX SYMBOL:  ZAR) announces the appointment of Glenn Koach to the Board of Directors effective February 21, 2019. Mr. Koach is currently Co-Founder/Portfolio Manager of Concise Capital Management, LP. (“Concise”). Concise is an SEC-registered investment adviser with currently over $340 million US in assets under management that specializes in short duration, under-followed high yield [Read more]

Kelt Reports Significant Increases in Oil & Gas Reserves and Net Asset Value per Share as at December 31, 2018

CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) is pleased to report on its oil & gas reserves and production for the year ended December 31, 2018. [Kelt's audit of its 2018 annual consolidated financial statements has not been completed and accordingly all financial amounts relating to 2018 referred to in this press release are unaudited and represent management's estimates. Readers are advised that these financial estimates [Read more]

Pieridae Energy Limited Announces Fully-Subscribed Brokered Private Placement

CALGARY, Alberta, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Inc. and including Laurentian Bank Securities Inc. (collectively, the “Agents”) that the previously announced brokered private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross [Read more]

Harvest Operations Corp. Reports 2018 Year End Results

CALGARY, Alberta, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Harvest Operations Corp. (“Harvest” or the “Company”) announced its financial and operating results for the fourth quarter and full year ended December 31, 2018. This press release is an overview of the fourth quarter and full year results for 2018 and should be read with the audited consolidated financial statements and Management’s Discussion and Analysis (MD&A) for the fourth quarter and full year ended December 31, 2018 available on [Read more]