BOE Report

Altura Energy Inc. Announces Second Quarter 2018 Results, Operational Update and Two Leduc-Woodbend Light Oil Acquisitions

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) is pleased to announce its financial and operating results for the three and six months ended June 30, 2018 and an operational update on its eight-well drilling program in the Corporation’s Upper Mannville oil play at Leduc-Woodbend ("LWB").  In addition, the Corporation has closed an agreement (the "First Transaction") to acquire highly prospective Upper Mannville lands at LWB [Read more]

NuVista Announces Acquisition of Premium Pipestone Asset, $419 Million Equity Offering and Growth Plan to Over 110,000 Boe/d

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce that it has entered into an agreement to acquire Cenovus Pipestone Partnership which holds assets in the Pipestone area of Northwest Alberta (the “Acquired Business”) for $625 million (the "Acquisition") before closing adjustments. The assets of the Acquired Business are situated primarily in the premium core of the condensate-rich Alberta Triassic Montney [Read more]

Chinook Energy Inc. Announces Second Quarter 2018 Results

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX: CKE) is pleased to announce its second quarter of 2018 financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2018 are noted below and should be read in conjunction with our unaudited condensed consolidated financial statements for the three and six months ended June 30, 2018 and 2017 and our related management’s discussion and [Read more]

Cenovus reaches agreement to sell Pipestone business for $625 million

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and one of its subsidiaries have entered into an agreement to sell the general partnership that holds the Pipestone and Wembley natural gas and liquids business in northwestern Alberta (the “Pipestone Business”) for cash proceeds of $625 million. The transaction also includes the Pipestone Business’s 39% operated working interest in the Wembley gas plant. The sale is expected to close in the third [Read more]

Delphi Energy Corp. Reports Second Quarter 2018 Results

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended June 30, 2018. Second Quarter 2018 Highlights Produced 10,623 barrels of oil equivalent per day (“boe/d”) in the second quarter of 2018, a twelve percent increase from the 9,515 boe/d in the first quarter of 2018; Tied-in and brought on production three (1.95 net) Montney wells in Bigstone; [Read more]

Baytex and Raging River Announce Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Shareholders Vote for the Strategic Combination

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) and Raging River Exploration Inc. (“Raging River”)(TSX: RRX) are pleased to announce that two leading independent proxy advisory firms that provide voting recommendations to institutional investors, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have each recommended that shareholders vote in favour of the proposed plan of arrangement (the “Arrangement”) [Read more]

Prairie Provident Announces Second Quarter 2018 Financial and Operating Results

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three and six months ended June 30, 2018, and to provide an operational update.   PPR’s consolidated financial statements (“Financial Statements”) and related Management's Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2018 are available on its website and [Read more]

Petrus Resources Announces Second Quarter 2018 Financial & Operating Results

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) is pleased to report financial and operating results for the second quarter of 2018. The Company's Management's Discussion and Analysis ("MD&A") and interim consolidated financial statements dated as at and for the period ended June 30, 2018 are available on SEDAR (the System for Electronic Document Analysis and Retrieval) at www.sedar.com. In response to the commodity price outlook for [Read more]

Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2018

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the three and six months ended June 30, 2018. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 (CA$ thousands, except as otherwise indicated) 2018 2017 % 2018 2017 % Petroleum and natural gas revenue, before [Read more]

Gibson Energy Announces One Million Barrel Expansion at Hardisty Terminal, Expansion of Moose Jaw Facility, Acceleration of U.S. Strategy and Increased 2018 Capital Budget

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it has secured an additional $200 million to $250 million of growth capital opportunities, consisting of the sanction of one million barrels of new tankage at the Hardisty Terminal, the expansion of the Moose Jaw Facility and the acceleration of the U.S. strategy through the extension of the Pyote gathering system. “Our announcement today represents the continued [Read more]