BOE Report

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]

Prairie Provident Announces Princess and Wheatland (Wayne) Drilling and Operations Update

CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to provide an operational update on successful drilling and completion results realized to date in 2018 from wells in its Princess and Wheatland (Wayne) core focus areas. Princess Update Prairie Provident is pleased to announce the drilling, completion and testing of two 100% working interest (“WI”) wells in the Princess area of Southern [Read more]

Peyto Exploration & Development Corp. Corrects Ex-Dividend Date for the April 13, 2018 Dividend Payment

CALGARY, Alberta, March 19, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY) announces a correction to the ex-dividend date for the March dividend payment, payable on April 13, 2018.  The ex-dividend date will be March 28, 2018, rather than the previously announced ex-dividend date of March 29, 2018, due to the statutory holiday on March 30, 2018.  The record date is March 31, 2018. Peyto previously confirmed a dividend of $0.06 per share designed as an [Read more]

Point Loma Resources Announces 2017 Year-End Reserves and Year-End Reserve Evaluation of Recent Transaction

CALGARY, Alberta, March 19, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX VENTURE:PLX) (the "Corporation" or “Point Loma”) is pleased to report the results of its 2017 year-end reserves as evaluated by McDaniel and Associates Ltd. (“McDaniel”) and provide an update regarding its recently announced acquisition. Highlights: Total proved plus probable (“2P”) reserves of 4,452 mboe and proved (“1P”) reserves of 3,500 mboe for the Corporation, an increase of 119 percent and 128 [Read more]