BOE Report

GuildOne Wins Prestigious ASTech Award for Outstanding Achievement in Tech

Calgary-based advanced data solutions and business intelligence provider recognized for innovative application of blockchain and machine intelligence in Alberta energy sector CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- GuildOne Inc. (GuildOne) is proud to announce that it has been selected as the 2018 winner of the ASTech award for Outstanding Achievement in Information and Communications Technology. “This award is a true honour,” said James Graham, GuildOne CEO and President. “It is [Read more]

Baytex Reports Strong Q3 2018 Results and Significant Duvernay Light Oil Discovery

CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2018 (all amounts are in Canadian dollars unless otherwise noted). “Our strategic combination has repositioned Baytex as a North American crude oil producer with strong free cash flow and an improved balance sheet. We have completed the integration while delivering excellent drilling results, [Read more]

Zargon Oil & Gas Ltd. Announces Financing Agreement for $3.5 Million (USD) Term Debt

TSX SYMBOLS: ZAR; ZAR.DB.A CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that it has entered into a financing agreement for $3.5 million (USD) term debt with private investment funds advised by JGB Capital Management, LP.  The proceeds of the financing will be utilized for low risk oil exploitation capital projects and general corporate purposes. The loan is secured by all U.S. assets of Zargon. The loan bears interest at 11% [Read more]

Bellatrix Exploration Ltd. Announces Third Quarter 2018 Financial and Operating Results

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, "we", "us", "our" or the “Company”) (TSX, NYSE: BXE) announces its financial and operating results for the three and nine months ended September 30, 2018.  This press release contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management’s Discussion and [Read more]

Cardinal Energy Ltd. Announces Third Quarter 2018 Results

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2018. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2018, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website [Read more]

TransCanada Reports Record Third Quarter Financial Results

Funding Complete for 2018 Capital Program CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced net income attributable to common shares for third quarter 2018 of $928 million or $1.02 per share compared to net income of $612 million or $0.70 per share for the same period in 2017. Comparable earnings for third quarter 2018 were $902 million or $1.00 per share compared to $614 million or $0.70 per share for the [Read more]

Delphi Energy Announces Expanded Capital Program for Development of Its Liquids-Rich West Bigstone Property

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce it is expanding its 2018 drilling program by approximately $15 million at the Company’s West Bigstone Montney property. The expanded capital program follows up on successful delineation drilling conducted in 2017 and the first half of 2018 which confirmed the liquids-rich, high productivity nature of the western portion of the greater Bigstone Montney area, as demonstrated [Read more]

Encana delivers strong third quarter financial and operational performance; significant liquids growth driving margin expansion and returns

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana delivered strong financial performance in the third quarter driven by significant liquids growth, high realized pricing and continued efficiencies. Financial and operating highlights from the quarter include: net earnings of $39 million cash from operating activities of $885 million, up 148 percent year-over-year non-GAAP free cash flow of $66 million; company is on track to generate full-year non-GAAP free [Read more]

Encana announces strategic combination with Newfield Exploration Company; intends to raise dividend by 25 percent and expand its share buyback program to $1.5 billion, post closing

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approximately $5.5 billion. In addition, Encana will assume $2.2 billion of Newfield net debt. The strategic combination will create a leading multi-basin [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 (thirty-three and one half cents) per common share. The dividend will be payable January 1, 2019 to shareholders of record at the close of business on December 10, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in [Read more]