BOE Report

Energy XXI Gulf Coast Announces First Quarter 2018 Earnings Release and Conference Call Date

HOUSTON, May 04, 2018 (GLOBE NEWSWIRE) -- Energy XXI Gulf Coast, Inc. ("EGC" or the "Company") (NASDAQ:EGC) today announced that it will issue its first quarter 2018 earnings release on Thursday, May 10, 2018 before the market opens and the Company will host a conference call to discuss financial and operational results on the same day at 08:00 a.m. Central Time (09:00 a.m. Eastern Time). To actively participate on the conference call, please dial the number below before the scheduled start [Read more]

Baytex Reports Q1 2018 Results With Continued Strong Eagle Ford Performance

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX:BTE), (NYSE:BTE) reports its operating and financial results for the three months ended March 31, 2018 (all amounts are in Canadian dollars unless otherwise noted). “We successfully executed our first quarter plan which puts us on track to deliver our 2018 guidance. In the Eagle Ford, we achieved record production rates from new wells and our strongest operating netback since 2014. In Canada, we continued [Read more]

Occidental Petroleum Announces Dividend

HOUSTON, May 03, 2018 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.77 per share on common stock payable on July 16, 2018, to stockholders of record as of June 11, 2018. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.08 per share. About Occidental Petroleum Occidental Petroleum Corporation [Read more]

Seven Generations delivers $381 million of funds from operations in first quarter of 2018

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- Seven Generations (TSX:VII) delivered funds from operations of $381 million or $1.05 per share in the first quarter, generating a trailing 12-month return on capital employed of 10.4 percent and a cash return on invested capital of 18.1 percent. Condensate production averaged 67,285 barrels per day (bbls/d), up 30 percent from the first quarter of 2017. Total production increased 23 percent to 187,686 barrels of oil equivalent (boe/d), with [Read more]

Crescent Point Announces Q1 2018 Results With Production Exceeding Targets, Reduced Annual Capital Expenditures and a $225 Million Non-Core Disposition

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2018. KEY HIGHLIGHTS Exceeded first quarter average production budget and currently ahead of expectations for second quarter 2018. Reduced 2018 capital expenditures by $25 million and targeting a total payout ratio of less than 100 percent. Finalizing agreement [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, Alberta, May 03, 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 July 1, 2018 to shareholders of record at the close of business on June 15, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the [Read more]

Canadian Natural Resources Limited Announces 2018 First Quarter Results

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- Commenting on first quarter 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The strength of our well balanced and diverse portfolio, combined with our long life low decline asset base, delivered a strong first quarter for Canadian Natural. Our balanced production mix is a key component of our strategy to create shareholder value throughout the commodity price cycle. In 2018, the Company remains focused on [Read more]

TransGlobe Energy Corporation Announces Release Date of First Quarter 2018 Results and Conference Call

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (“TransGlobe”) will announce its first quarter 2018 financial and operating results on Thursday, May 10, 2018 before the opening of the stock markets.  A conference call and webcast to discuss the results will be held the same day: Time:Dial-in:International Dial-in:Webcast: 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time)(416) 340-2218 or toll-free at [Read more]

Bellatrix Announces Acquisition and Retirement of US$10 Million of Its Senior Unsecured Notes Due 2020

CALGARY, Alberta, May 02, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX:BXE) (NYSE:BXE) today announces that it has entered into an exchange agreement with a holder (the "Holder") of its 8.50% senior unsecured notes due May 15, 2020 (the “Senior Notes”) to exchange in a privately negotiated transaction, US$10 million aggregate principal amount of the Senior Notes for 7,081,837 common shares of Bellatrix.  Pursuant to the exchange agreement, the Senior [Read more]

Suncor Energy reports voting results from Annual General Meeting

CALGARY, Alberta, May 02, 2018 (GLOBE NEWSWIRE) -- Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.27 billion shares (approximately 77.38% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following 10 board members (nine of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows:           [Read more]