CALGARY, Alberta, Aug. 14, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (“RMP” or the “Company”) (TSX:RMP) today reports its financial and operating results for the quarter ended June 30, 2017, in addition to providing initial production information from its Elmworth Montney asset. Elmworth Montney Update In June, the Company commissioned the operational start-up of its wholly-owned and operated Elmworth 2-23 facility (“2-23 Facility”). This marks an important corporate milestone as the Company [Read more]
Gibsons Responds to Comments from Shareholder and Reaffirms Commitment to Infrastructure
CALGARY, Alberta, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons” or the “Company") (TSX:GEI) responded today to comments from M&G Investment Management Limited of London, UK (“M&G”), which owns 19.4% of Gibsons’ shares. Gibsons reaffirmed its commitment to its infrastructure business. “Gibsons has maintained an open and constructive dialogue with M&G over the past several years, as we do with all shareholders,” said James Estey, Chairman of Gibsons. “We welcome M&G’s input [Read more]
Madalena Announces Assignment of Convertible Loan
CALGARY, Alberta, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV:MVN) (OTCQX:MDLNF) announces that Hispania Petroleum S.A. ("Hispania") has assigned the convertible loan provided by Hispania to the Company pursuant to the convertible loan agreement dated May 8, 2017 (the "Capex Loan") to KD Energy International Capital Limited ("KD Energy"), a British Virgin Islands company wholly-owned by family trusts of Mr. Jose D. Penafiel and Mr. Alejandro [Read more]
Tamarack Valley Energy Ltd. Announces Record 2017 Second Quarter Results, Continued Operational Success and Increased 2017 Exit Production Guidance
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Tamarack Valley Energy Ltd. (“Tamarack” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2017. Selected financial and operational information is set out below and should be read in conjunction with Tamarack’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2017 and related management’s discussion and analysis [Read more]
Inter Pipeline Announces Second Quarter 2017 Financial and Operating Results
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today financial and operating results for the three and six month periods ended June 30, 2017. Second Quarter Highlights Funds from operations (FFO) totalled $207 million, a 5 percent increase over second quarter 2016 Generated net income for the quarter of $102 million Declared cash dividends of $151 million, or approximately $0.41 per share Quarterly payout ratio* of [Read more]
Granite Oil Corp. Announces Second Quarter, 2017 Results and Appointment of New Director
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to release its financial and operational results and operational update for the six months ended June 30, 2017. Financial and Operating Highlights Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 (000s, except per share amounts) ($) ($) ($) ($) FINANCIAL Oil and natural gas [Read more]
Sanchez Midstream Partners Increases Distribution on Common Units; Announces Distribution on Class B Preferred Units
HOUSTON, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Sanchez Midstream Partners LP (NYSE American:SNMP) (“SNMP” or the “Partnership”) announced today that the board of directors of its general partner has declared a quarterly cash distribution on its common units of $0.4441 per unit ($1.7764 per unit annualized). The distribution represents an increase of approximately 11.0% since the Partnership initiated distributions in November 2015 and an increase of approximately 6.2% over the Partnership’s [Read more]
Zargon Oil & Gas Ltd. Provides 2017 Second Quarter Results
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2017) Funds flow from operating activities of $1.14 million compared to $1.50 million recorded in the prior quarter, and $3.56 million reported in the second quarter of 2016. The year over year decrease in funds flow is primarily due to the sale of properties in the third quarter of 2016. [Read more]
BlackPearl Announces Second Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA – BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX: PXX) (NASDAQ Stockholm: PXXS) is pleased to announce its financial and operating results for the three and six months ended June 30, 2017. Highlights include: We continued with construction of the 6,000 barrel per day (bbl/d) Phase 2 expansion of our successful Onion Lake thermal project. Facility modules started being delivered to site and we have commenced drilling injector and producer wells. Our [Read more]
Computer Modelling Group Declares Quarterly Dividend
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Computer Modelling Group Ltd. ("CMG" or the “Company”) announces a dividend of $0.10 per Common Share on CMG’s Common Shares. The dividend will be paid on September 15, 2017 to shareholders of record at the close of business on September 7, 2017. Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide [Read more]
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