BOE Report

Canadian Natural Resources Limited Announces 2019 Budget

CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) -- Commenting on the Company’s 2019 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural’s large, diverse, balanced and flexible asset base provides a unique opportunity for the Company to allocate capital to the highest return projects to maximize shareholder value. Canadian Natural’s robust, long life low decline assets allow us to target for the foreseeable future, a long-term production per share growth [Read more]

Gibson Energy Announces 2019 Capital Budget

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that its Board of Directors has approved a 2019 growth capital expenditure budget in the range of $200 million to $250 million, with nearly all investment directed towards sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $30 million to $35 [Read more]

Transglobe Energy Corporation Announces Director/pdmr Shareholding

CALGARY, Alberta, Dec. 04, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on November 30, 2018 that on the same day David Cook acquired common shares as follows:  PDMRNumber of Common Shares AcquiredPrice ($USD)Number of Common Shares held following the transaction% of Company's issued share capital heldDavid Cook32,289$2.1000032,2890.05% Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. [Read more]

Range Declares Quarterly Dividend

FORT WORTH, Texas, Dec. 03, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:  RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter.  A dividend of $0.02 per common share is payable on December 28, 2018 to stockholders of record at the close of business on December 14, 2018. RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in [Read more]

Altura Energy Inc. Announces Grant of Stock Options

CALGARY, Alberta, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) announces that in accordance with its long-term compensation policy which includes an annual grant of stock options ("Options") to its employees, officers and directors, Altura's Board of Directors has granted Options to acquire 1,180,000 common shares in the capital of Altura ("Common Shares"), of which 1,140,000 were granted to officers and directors of the Corporation.  The [Read more]

Suncor Energy provides update following Government of Alberta’s decision to cut oil production

CALGARY, Alberta, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Suncor today confirms it is assessing the impact of the Government of Alberta’s announcement to curtail oil production during 2019. Suncor believes the market is the most effective means to balance supply and demand and normalize differentials.  Less economic production was being curtailed and differentials were narrowing as a result of market forces. The anticipated regulations will require oil producers to reduce their production [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for November 2018 Payable December 31, 2018

CALGARY, Alberta, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) confirms that as previously announced on November 29, 2018, the November 2018 monthly cash dividend will be $0.01 per share (a $0.09 per share  reduction from the previous month). The dividend will be paid on December 31, 2018.  The record date for the dividend is December 14, 2018 and the ex-dividend date is December 13, 2018. The dividend is paid monthly [Read more]

Bellatrix Announces Closing of Daewoo Acquisition and Extension of Its Revolving Credit Facilities

CALGARY, Alberta, Nov. 30, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has closed the previously announced acquisition of complementary assets from POSCO DAEWOO E&P Canada Corporation (“Daewoo”). The acquired assets are located in Bellatrix’s core Ferrier area of west central Alberta and include approximately 1,250 boe/d (65% natural gas, 35% liquids) of low decline (<15%) production. The acquisition was funded [Read more]

Husky Energy Appoints Chief Financial Officer

CALGARY, Alberta, Nov. 30, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Husky Energy (TSX:HSE) has announced the appointment of Jeff Hart as Chief Financial Officer (CFO). “Jeff is already an integral member of our executive management team, having served as our Acting CFO since April 2018, and has extensive experience in progressively senior finance roles at Husky,” said CEO Rob Peabody. “As such, he is well positioned to ensure the successful execution of our five-year-plan.” Prior to [Read more]

Canadian Spirit Resources Inc. Announces Third Quarter 2018 Financial Results and Grant of Stock Option

CALGARY, Alberta, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”) for the three and nine month periods ended September 30, 2018. In addition, CSRI announces that it has granted, effective November 28, 2018, options to acquire 300,000 common shares of the Corporation in accordance with the terms and conditions of the [Read more]