BOE Report

Cardinal Energy Ltd. Announces Management Change and Monthly Dividend for January

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) of Calgary, Alberta announces the retirement of Mr. Doug Smith, Chief Financial Officer.  Mr. Smith has been with Cardinal since its inception and the management, staff and directors of Cardinal thank him for his valuable contributions to the Company during this period.  Mr. Smith will continue to stay on in an advisory role until January 31, 2018 to ensure a smooth transition. [Read more]

PRD Energy Provides Update on Liquidation & Dissolution Process

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- PRD Energy Inc. ("PRD" or the "Company") is pleased to provide an update on the status of its liquidation and anticipated dissolution. PRD is currently dissolving its German subsidiaries, disposing of all its other assets that are not to be distributed in kind to the shareholders of PRD, discharging all of its obligations and completing all other acts required to liquidate its business. PRD expects its German subsidiaries to be dissolved [Read more]

Inter Pipeline Announces January 2018 Cash Dividend

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for January 2018. This dividend will be paid on or about February 15, 2018 to shareholders of record on January 22, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $4.4 billion in cash payments to investors. Inter [Read more]

Crew Energy Inc. Announces Executive Appointments

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) today announces certain executive changes and appointments. With a clear focus on unlocking the value of Crew’s world-class Montney play in northeast British Columbia (“NEBC”), the Company has cultivated and continues to develop an experienced team of technically proficient and commercially-focused professionals. The depth provided by the growth and evolution of the individuals on our team [Read more]

Acquisition of Common Shares of Point Loma Resources Ltd. by Evenergy Company Limited

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. HONG KONG, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Pursuant to the early warning requirements of applicable Canadian securities laws, Evenergy Company Limited (“Evenergy”) announces that on January 8, 2018 it acquired control over 2,597,321 common shares (“Common Shares”) of Point Loma Resources Ltd. (“Point Loma”) from treasury at a purchase price of $0.29 per [Read more]

Blackbird Energy Inc. Provides Initial Production Results From Its Condensate-Rich Pipestone/Elmworth Montney Play

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to provide initial production results from three new development wells on its condensate-rich Pipestone/Elmworth Montney play, announce the completion of its planned delineation program and provide its preliminary 2018 outlook. “A key focus for Blackbird in 2017 was the continued application of high intensity completions to our wells on the Pipestone/Elmworth corridor. [Read more]

Point Loma Announces Closing of its Private Placement Offering of Common Shares to Evenergy Company Limited and Appointment of Officers

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX-V:PLX) ("Point Loma" or the "Company") is pleased to announce that it has closed the private placement financing of 2,597,321 common shares of the Company (the "Common Shares") issued to Evenergy Company Limited ("Evenergy") at a price of $0.29 per share for aggregate gross proceeds of approximately $0.75 million (the "Offering"). The Offering was completed pursuant to an investor rights agreement between the [Read more]

Encana delivers strong finish to 2017; innovation, execution and efficiency set the stage for self-funded growth in 2018

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Encana (TSX:ECA) (NYSE:ECA) delivered strong performance through the fourth quarter of 2017 to close another year successfully executing its strategy, delivering significant oil and condensate growth and driving additional efficiency gains. Supported by the strong finish to 2017, the company is firmly on track to meet or exceed the targets in the five-year plan shared at its Investor Day in October 2017. Driven by its focus on innovation and [Read more]

Legacy Reserves LP Announces Expanded Second Lien Term Loan and Increased Senior Notes Ownership

MIDLAND, Texas, Jan. 05, 2018 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (NASDAQ:LGCY) today announced that it entered into additional transactions to reduce its total indebtedness and increase its financial flexibility. On December 31, 2017, Legacy entered into a definitive agreement with certain funds managed by Fir Tree Partners (“Fir Tree”) to acquire its entire holdings in Legacy’s $550 million 6.625% Senior Notes due 2021 (“6.625% Notes”).  Legacy purchased $187 million of the [Read more]

Chevron Fourth Quarter 2017 Earnings Conference Call

San Ramon, CA, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, February 2, 2018, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information:Date: Friday, February 2, 2018Time: 11:00 a.m. ET / 8:00 a.m. PTDial-in # (Listen-only mode):  706-634-0892 / 877-604-2078Conference ID #:  7594049 To access the live webcast, visit www.chevron.com. The meeting [Read more]