DENVER, Jan. 23, 2018 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) announced today that the board of directors of its general partner declared a fourth quarter 2017 common unit distribution of $0.78 per unit, or $3.12 per unit on an annualized basis. This quarterly cash distribution will be paid February 14, 2018 to unitholders of record at the close of business on February 7, 2018. INVESTOR RELATIONS: Irene LoflandPhone: 303-605-1822 MEDIA RELATIONS: Roz ElliottPhone: 303-605-1707 This [Read more]
Leucrotta Announces Update on Operations and Financial Position
CALGARY, Alberta, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (“Leucrotta” or the “Company”) (TSXV - LXE) is pleased to announce the following update: PRODUCTION ON 9-33, A8-22 AND 8-4 LOWER MONTNEY TURBIDITE OIL WELLS AND 4-12 LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL During 2017, Leucrotta started to experiment with higher intensity fracs with several wells moving from the standard Leucrotta type curve well of 28 fracs used in 2016 to up to 51 stages used in the 9-33 [Read more]
QEP Resources Announces Fourth Quarter and Full Year 2017 Financial and Operational Results Release Date and Conference Call
DENVER, Jan. 22, 2018 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) today announced that it will host a teleconference and webcast to discuss its fourth quarter and full year 2017 results beginning at 9:00 a.m. ET (7:00 a.m. MT) on Thursday, February 22, 2018. QEP will issue a combined fourth quarter and full year 2017 financial and operational results news release Wednesday, February 21, 2018, after market close. The conference call can be heard live through a link on the QEP website, [Read more]
InPlay Oil Corp. Announces 2018 Capital Budget of $38 Million Generating Light Oil Production Growth of Over 23%
CALGARY, Alberta, Jan. 22, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. ("InPlay" or “the Company”) (TSX:IPO) (OTCQX:IPOOF) is pleased to announce that its Board of Directors has approved a $38 million Exploration and Development capital program for 2018 which is forecasted to deliver over 23% average light oil production per share growth in 2018 over 2017. This organic production increase is expected to deliver top quartile light oil production per share growth in the industry. 2018 Budget [Read more]
Rex Energy Declares Dividend on Series A Preferred Depository Shares
STATE COLLEGE, Pa., Jan. 19, 2018 (GLOBE NEWSWIRE) -- Rex Energy Corporation (the “Company”) (NASDAQ:REXX) today announced that the Board of Directors of Rex Energy Corporation has declared a quarterly dividend of $150.00 per share of its 6.0% Series A convertible perpetual preferred stock (the “Preferred Stock”). As a result, on February 15, 2018, a dividend of $1.50 per depository share, each representing a 1/100th interest in a share of Preferred Stock, will be paid to holders of record at [Read more]
Penn Virginia Announces Retirement of Executive Chairman and Appointment of New Members of the Board of Directors
HOUSTON, Jan. 19, 2018 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced the retirement of Harry Quarls from his positions as Executive Chairman and as a director of the Company, effective on February 28, 2018. Additionally, the Company also announced the expansion of its board of directors from five to seven members and the appointments of Mr. David Geenberg and Mr. Michael Hanna as new independent board members, effective [Read more]
Point Loma Announces Appointment of Officer and Grant of Share Options
Point Loma Resources Ltd. (TSX-V:PLX) ("Point Loma" or the "Company") is pleased to announce the appointment of Troy Wagner, P. Eng., MBA as Vice President, Acquisitions and Development. Mr. Wagner brings 25 years of diverse oil and gas experience to the Point Loma team and will enhance the Company’s technical depth. Grant of Options A total of 505,000 stock options have been issued to certain recently hired and promoted officers and employees of the Company. Of the total granted 475,000 [Read more]
Chinook Energy Inc. Provides Operational and Corporate Update
CALGARY, Alberta, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") is pleased to provide the following operational and corporate update. Operational Update On December 22, 2017, Chinook commissioned the on-time expansion of its compressor station at Birley/Umbach from 25 mmcf/d to 50 mmcf/d. Total costs for this facility expansion were $13.8 million ($11.1 million net). With the completion of this expansion, the Company now has the capacity to [Read more]
CNX Midstream Schedules Earnings Release and Conference Call for Fourth Quarter 2017 Results
PITTSBURGH, Jan. 17, 2018 (GLOBE NEWSWIRE) -- CNX Midstream Partners LP (NYSE:CNXM) today announced that it will release financial results for the fourth quarter 2017 before market opening on Tuesday, January 30, 2018 and hold a conference call to discuss those results on the same day at 11:30 a.m. Eastern Time. The conference call will be publicly available via webcast on a live and replay basis. Interested parties are invited to listen to the conference call, during which prepared remarks [Read more]
Delphi Energy Provides Operations Update
CALGARY, Alberta, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to provide an operations update. Q4 2017 production up 29% from a year earlierQ4 2017 condensate production up 67% from a year earlier2017 capital program executed within budgetQ4 realized natural gas price estimated to be Cdn$3.53 per mcf compared to AECO pricing of Cdn$1.69 per mcfPositive recent well results on frac innovations First West Bigstone well in six years now drilled [Read more]
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