BOE Report

Petrus Resources Announces First Quarter 2018 Financial & Operating Results

CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:PRQ) is pleased to report financial and operating results for the first quarter of 2018. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting light oil and liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations in order to maximize the Company's return on [Read more]

Canadian Natural Resources Limited Reports Voting Results at Annual General Meeting

CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) -- Canadian Natural held its Annual General Meeting of the Shareholders on May 3, 2018. The result of the vote by shareholders for each resolution is reported below. 1.  The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes ForVotes WithheldCatherine M. Best863,885,44996.14%34,665,4623.86%N. Murray Edwards871,827,13697.03%26,723,7752.97%Timothy W. [Read more]

Pieridae Energy announces term sheet for LNG Sale and Purchase Agreement with European Utility

CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (TSXV:PEA) is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas (LNG) sale and purchase agreement (“SPA”) to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia. Under the term sheet with Pieridae, the offtaker will purchase up to 1 million tonnes per annum of LNG. This contract is scheduled to [Read more]

Bellatrix Reminds Shareholders of Voting Cut-Off for Upcoming Shareholder Meeting and First Quarter Conference Call and Webcast Details

CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX:BXE) (NYSE:BXE) would like to remind shareholders they have until 3:00 pm (Calgary Time) on Monday May 7, 2018 to vote their shares for the upcoming Annual and Special Meeting (the “Meeting”) of Bellatrix shareholders to be held 3:00 pm (Calgary Time) on Wednesday May 9, 2018. Shareholders are urged to carefully read the information circular prepared in connection with the [Read more]

Toscana Energy Announces First Quarter 2018 Results

CALGARY, Alberta, May 04, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX:TEI) announces financial and operating results for the first quarter ended March 31, 2018. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three-month period ended March 31, 2018. This news release should not [Read more]

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]