BOE Report

Suncor announces Steve Williams’ retirement and transition plan

Mark Little, chief operating officer appointed president and will become chief executive officer at Suncor’s 2019 Annual General Meeting CALGARY, Alberta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Suncor today announced that Steve Williams will retire as chief executive officer at the company's Annual General Meeting on May 2, 2019. Mark Little, chief operating officer is appointed president effective immediately and will assume the role of chief executive officer upon Williams’ retirement next [Read more]

Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend

AUSTIN, Texas, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) is announcing that it will forgo payment of its previously declared contingent dividend on its 8% Series A Perpetual Convertible Preferred Stock (the “Preferred Stock”). The foregone dividend is for the period beginning on the last payment date of August 15, 2018 through November 14, 2018, payable to holders of Preferred Stock of record as of November 1, 2018. In order for the [Read more]

Freehold Royalties Ltd. Announces Strong Growth in Funds from Operations and Third Quarter Results

CALGARY, Alberta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced third quarter results for the period ended September 30, 2018. RESULTS AT A GLANCE Three Months Ended Nine Months Ended   September 30 September 30 FINANCIAL ($000s, except as noted) 2018 2017 Change 2018 2017 Change Royalty and other revenue 40,815 33,938 20 % 120,334 113,459 6 % Net income 8,389 103 - 18,198 [Read more]

Birchcliff Energy Ltd. Announces Strong Third Quarter 2018 Results, Strategic Montney Land Acquisition in Pouce Coupe and Preliminary 2019 Plans

CALGARY, Alberta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the third quarter of 2018, a strategic Montney land acquisition in Pouce Coupe and its preliminary plans for 2019. The full text of Birchcliff’s Third Quarter 2018 Report, which contains the unaudited interim condensed financial statements for the three and nine months ended September 30, 2018 and the related [Read more]

Prairie Provident Confirms Shareholder Consent Process for Acquisition of Marquee Energy Ltd.

CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to confirm that, in connection with its previously-announced acquisition of Marquee Energy Ltd. ("Marquee"), the Company elected to obtain requisite approval of the Prairie Provident shareholders by written consent.  The acquisition is proposed to be completed by way of statutory plan of arrangement under section 193 of the Business Corporations [Read more]

Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2018

CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2018 and for the three and nine months then ended along with Management’s Discussion and Analysis (“MD&A”) for the same period. This information appears on SEDAR (www.sedar.com) and on Storm’s website (www.stormresourcesltd.com.)  Selected financial and operating information for the three and nine months ended September 30, 2018 [Read more]

Delphi Energy Corp. Reports Third Quarter 2018 Results

CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended September 30, 2018. Third Quarter 2018 Highlights Achieved the Company’s production guidance for the third quarter, producing 9,514 barrels of oil equivalent per day (“boe/d”) compared to 9,313 boe/d in the comparative quarter of 2017, despite curtailment of approximately 800 boe/d due to unscheduled third [Read more]

Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results

CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2018) Funds flow from operating activities of $1.93 million compared to $0.58 million recorded in the prior quarter, and $1.76 million reported in the third quarter of 2017. The increase from the prior quarter is primarily due to the expiration of our hedges on June 30, 2018, which had [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for November

CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) confirms that a dividend of $0.035 per common share will be paid on December 17, 2018 to shareholders of record on November 30, 2018. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a junior Canadian oil focused company built to provide [Read more]

InPlay Oil Corp. Announces Record Third Quarter 2018 Financial and Operating Results

CALGARY, Alberta, Nov. 12, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and nine months ended September 30, 2018.  InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2018 will be available on the System for Electronic Document Analysis and Retrieval (“SEDAR”) [Read more]