LAFAYETTE, La., Oct. 31, 2018 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that it has extended its previously announced forbearance agreements (as amended prior to the date hereof, the “Forbearance Agreements”) with the administrative agent and the lenders under its multi-draw term loan agreement (the “Loan Agreement”), the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due [Read more]
Pieridae Receives Permit to Construct the Goldboro LNG Facility
CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility. Pieridae will now proceed diligently to satisfy each of the associated conditions of that permit and to commence the construction of the Goldboro LNG Facility as soon as a positive financial investment decision is taken by Pieridae. In anticipation of the commencement of construction, [Read more]
Cenovus delivers exceptional third-quarter performance
Net debt down $1.6 billion from previous quarter CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) generated more than $700 million of free funds flow and nearly $1 billion in adjusted funds flow in the third quarter, driven by exceptional operating performance in its oil sands and refining and marketing businesses. Oil sands production exceeded 376,000 barrels per day (bbls/d) with record-low operating costs for the second straight quarter. [Read more]
Blackbird Energy Inc. and Pipestone Oil Corp. Announce a Strategic Merger and $310 Million in Equity and Debt Financings to Form a Premier High Growth Pure-Play Condensate Rich Montney Company
CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Blackbird Energy Inc. (“Blackbird”) (TSX-V: BBI) and Pipestone Oil Corp. (“Pipestone Oil”) are pleased to announce that they have entered into an agreement (the “Arrangement Agreement”) dated October 29, 2018 that provides for the combination of Blackbird and Pipestone Oil (the “Transaction”). Concurrent with the Transaction, Blackbird and Pipestone Oil have entered into agreements with certain of their existing shareholders who have committed [Read more]
Jones Energy, Inc. Schedules 2018 Third Quarter Earnings Release and Conference Call
AUSTIN, Texas, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) announced today that it plans to release its 2018 third quarter financial and operational results on Wednesday, October 31, 2018 after the market closes. In connection with the earnings release, Jones Energy will host a conference call to discuss the quarter and provide a company update on Thursday, November 1, 2018 at 10:30 a.m. ET (9:30 a.m. CT). The conference call can be [Read more]
PrairieSky Announces Third Quarter 2018 Results
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2018. PRESIDENT’S MESSAGE Third Quarter 2018 Highlights: Total revenues of $78.1 million comprised of royalty production revenues of $71.4 million and other revenues of $6.7 million. Funds from Operations of $67.0 million ($0.29 per share basic and $0.28 per [Read more]
Pieridae Eligible to Benefit From Additional Conditional Loan Support From the German Government
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). This confirmation not only satisfies a critical condition leading to the [Read more]
Baytex Conference Call and Webcast on Third Quarter 2018 Results to be Held on November 2, 2018
CALGARY, Alberta, Oct. 26, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2018 third quarter financial and operating results prior to the opening of markets on Friday, November 2, 2018. A conference call and webcast will be held shortly thereafter to discuss the results. Conference Call Details: Date: Friday, November 2, 2018 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America [Read more]
Suncor Energy to release third quarter 2018 financial results
CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Suncor will release its third quarter financial results on Wednesday, October 31, 2018 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the third quarter will be held at 7:30 a.m. MT (9:30 a.m. ET) on Thursday, November 1, 2018. Representing management will be Steve Williams, president and chief executive officer, Mark Little, chief operating officer and Alister Cowan, executive vice president and chief financial officer. A question [Read more]
Encana to hold 2018 third quarter results conference call on Thursday, November 1, 2018
CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana Corporation will release its 2018 third quarter results on Thursday, November 1, 2018. The news release detailing Encana's 2018 third quarter results will provide operating and financial information. Financial statements will be available on the company's website. A conference call and webcast to discuss the 2018 third quarter results will be held for the investment community the same day at 7 a.m. MT (9 a.m. [Read more]
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