BOE Report

Granite Oil Corp. Reports Fourth Quarter and Year End 2017 Financial Results

CALGARY, Alberta, March 22, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to release its financial results for the year ended December 31, 2017.  Granite has filed its audited financial statements for the year ended December 31, 2017 and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Granite's annual financial materials may be viewed in their entirety on www.sedar.com and on [Read more]

Groundstar Resources Limited Announces Update to Financing

CALGARY, Alberta, March 22, 2018 (GLOBE NEWSWIRE) -- Groundstar Resources Limited (TSXV:GSA) (the “Company”) is providing an update to its press release dated February 27, 2018 wherein it announced that it was conducting a non-brokered private placement of a maximum of $70,000 aggregate principle amount of convertible debenture units (the “Convertible Debenture Units” or “CDUs”) at a price of CAD$1,000 per Convertible Debenture Unit. The Company is announcing that it has amended the terms of the [Read more]

TransCanada Announces 2018-2019 Revenue Requirement Settlement with NGTL System Shippers

CALGARY, Alberta, March 23, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has filed an application with the National Energy Board for approval of a negotiated settlement with its customers and other interested parties on the annual costs required to operate the NGTL System for 2018 and 2019. "This settlement is the product of a collaborative and open [Read more]

Altura Energy Inc. Announces Fourth Quarter and Year End 2017 Financial and Operating Results and Provides an Operational Update

CALGARY, Alberta, March 22, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura", or the "Corporation") (TSXV:ATU) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2017, and an operational update.  The audited consolidated financial statements, and related management’s discussion and analysis ("MD&A") will be available at www.sedar.com and www.alturaenergy.ca.  OPERATION AND FINANCIAL SUMMARY  Three months endedYear [Read more]

Cenovus provides first-quarter operational update

CALGARY, Alberta, March 22, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has been operating its oil sands facilities at reduced production rates and is storing excess barrels in its reservoirs in response to wider than normal light-heavy price differentials and recent pipeline capacity constraints as well as the slow pace of the ramp-up in crude-by-rail export capacity in Alberta. “When Canadian heavy oil is selling at a wide discount to West Texas Intermediate due to [Read more]

Resolute Energy Corporation Declares Dividend on Preferred Stock

DENVER, March 21, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (NYSE:REN) today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred Stock, payable on April 16, 2018, to holders of record at the close of business on April 1, 2018.  The dividend is for the period beginning on January 16, 2018 and ending on April 15, 2018. About Resolute Energy Corporation Resolute is an independent oil and [Read more]

InPlay Oil Corp. Announces 2017 Financial and Operating Results and Reserves Including an 11% Increase in Proved Developed Producing Light Oil Reserves

CALGARY, Alberta, March 21, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and twelve months ended December 31, 2017, and the results of its independent oil and gas reserves evaluation effective December 31, 2017 (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”).  InPlay’s audited annual financial statements and notes, as well as management’s [Read more]

Cardinal Energy Ltd. Announces Reserves and Fourth Quarter and 2017 Year-End Results

CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the quarter and year ended December 31, 2017 as well as its 2017 year end reserves. 2017 Financial Highlights Achieved an all in total payout ratio of 98% in Q4 2017 despite accelerating planned Q1 2018 development activity into 2017. Fourth quarter 2017 operating costs per boe decreased 12% to average $20.34 [Read more]

Iron Bridge Resources Reports Year-End Reserves and Fourth Quarter 2017 Financial Results and Provides Operations Update

CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) (TSX:IBR) today is pleased to report its year-end 2017 oil and gas reserves and fourth quarter 2017 financial results and provide an operations update. Year-End Reserves Information The following provides information on IBR’s crude oil, natural gas and NGLs reserves as of December 31, 2017, as evaluated by the Company’s independent qualified reserves evaluators, McDaniel [Read more]

Granite Oil Corp. Initiates a Process to Review Strategic Alternatives

CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) announces that its Board of Directors (the “Board”) has initiated a formal process to review potential strategic alternatives available to the Company (the “Process”) in an effort to enhance shareholder value. On March 7, 2018, Granite announced 2017 reserves, highlighted by Proved Developed Producing (“PDP”) reserves replacement which resulted in Company-record and [Read more]