CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) Encana delivered outstanding financial and operating results in the fourth quarter to close a year of strong, consistent performance. The company met or exceeded its 2017 guidance targets, generated net earnings of $827 million, cash from operating activities of $1.1 billion and expanded its non-GAAP cash flow margin by 81 percent from 2016. Encana is positioned to meet or exceed the targets outlined in its five-year [Read more]
Cenovus reports solid 2017 results
CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) delivered strong cash from operating activities and adjusted funds flow in 2017. Through its continued focus on capital discipline and reliable operational performance, the company generated almost $1.3 billion in free funds flow last year. Cenovus also completed the divestitures of its legacy conventional oil and natural gas assets within its expected timeframe. Divestiture proceeds and cash on hand [Read more]
Peyto Announces 2017 Reserves With Producing Reserves Added at Lowest Cost Since 2003
CALGARY, Alberta, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX:PEY) is pleased to present the results and analysis of its independent reserve report effective December 31, 2017. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2017 marks the Company’s 19th year of profitable reserves development. Reserves per share grew in all categories and producing [Read more]
Halcón Resources Announces Fourth Quarter 2017 Earnings Release and Conference Call Schedule
Houston, Texas, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced plans to release its fourth quarter 2017 financial results on Wednesday, February 28, 2018 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call to discuss the release for Thursday, March 1, [Read more]
QEP Resources Reschedules Fourth Quarter and Full Year 2017 Financial and Operational Results Release Date and Conference Call
DENVER, Feb. 14, 2018 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) announced today that the financial and operational results release scheduled for Wednesday February 21, 2018, and the conference call to discuss the fourth quarter and full year 2017 financial and operational results scheduled for Thursday, February 22, 2018, have been rescheduled to Wednesday, February 28 after market close, and Thursday, March 1, 2018 at 9:00 a.m. ET (7:00 a.m. MT), respectively. The Company is [Read more]
Marksmen Announces Update on Leaman 1-H Horizontal Well
CALGARY, Alberta, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSXV:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) and Its wholly owned subsidiary, Marksmen Energy USA, Inc. are pleased to announce the following update on its Leaman 1-H Clinton Sandstone Horizontal well in Hocking County, Ohio. The well is being drilled in conjunction with our working interest partners and is operated by Hocking Hill Energy (“HHE”). Drilling of this well has been slower than expected due to very [Read more]
GuildOne’s Royalty Ledger settles first royalty contract on R3’s Corda blockchain platform
CALGARY, ALBERTA – (GLOBE NEWSWIRE – Feb. 14, 2018) - GuildOne Inc. (“GuildOne” or the “Company”) is pleased to announce the first execution of a royalty smart contract using the Company’s new Royalty Ledger application on R3’s Corda blockchain platform. The announcement was made at the Blockchain, IoT and Machine Learning in Oil and Gas Conference on February 14th in Calgary, Alberta. Utilizing blockchain technology, Royalty Ledger successfully executed an oil royalty contract settlement and [Read more]
Chinook Energy Inc. Announces Its Unaudited 2017 Year End Results and Reserves
CALGARY, Alberta, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("Chinook" or the "Company") (TSX:CKE) today announced its unaudited 2017 year end results and the results of its year end reserve evaluation effective December 31, 2017 as prepared by its independent evaluator. Chinook's audit of its 2017 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news release are unaudited and represent management's [Read more]
Blackbird Energy Inc. Announces Test Results From Its 2-20-70-6W6 Middle Montney Delineation Well at Its Pipestone/Elmworth Montney Play
CALGARY, Alberta, Feb. 13, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce test results from its 2-20-70-6W6 Middle Montney Delineation well, which is located on the Company’s Eastern Multi-Interval Delineation Block (the “Eastern Block”), and is more than five kilometers east of Blackbird’s previous operated development drilling. “We are pleased to announce the successful testing of our 2-20-70-6W6 Middle Montney Delineation [Read more]
NuVista Energy Ltd. Announces Significant Quarterly Funds From Operations and Year End 2017 Reserves Growth
CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce certain unaudited financial and operating results for the three months and year ended December 31, 2017; in addition to our year end independent reserve evaluation. The fourth quarter of 2017 was very active and successful with significantly increased funds from operations, record production, and material reserves per share growth. These milestones were reached [Read more]
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