BOE Report

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]

Obsidian Energy Ltd. Announces Board of Directors Appointment

CALGARY, Jan. 3, 2018 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that Mr. Edward (Ed) H. Kernaghan has been appointed to the Obsidian Energy Board of Directors (the "Board"). George Brookman, Obsidian Energy's Acting Chairman of the Board commented, "We are happy to have Ed Kernaghanjoin our Board.  Mr. Kernaghan brings broad financial and capital markets experience and represents a material ownership [Read more]

Groundstar Resources Limited Announces Filing of Financial Statements

NOT FOR DISTRIBUTION TO THE U.S.A. NEWS WIRE SERVICES OR FOR DISSEMINATION TO THE U.S.A. CALGARY, Alberta, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Groundstar Resources Limited (TSXV:GSA) (the “Company”) is pleased to announce that it has filed its interim financial statements and accompanying management’s discussion and analysis for the period ended October 31, 2017. These statements can be found under the Company’s profile on SEDAR at www.sedar.com. The Company also announces the resignation of [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for December 2017 Payable January 31st, 2018

CALGARY, Alberta, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the December 2017 monthly cash dividend will be $0.10 per share and will be paid on January 31st, 2018.  The record date for the dividend is January 15th, 2018 and the ex-dividend date is January 12th, 2018.  The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra [Read more]

Vital Announces Closing of Debenture Offering

CALGARY, Alberta, Dec. 28, 2017 (GLOBE NEWSWIRE) -- Vital Energy Inc. (“Vital”) announced today that it has completed the closing of the previously announced non-brokered private placement offering of 8% secured convertible debentures in the principal amount of $100,000, subject to TSX Venture Exchange final approval.  The debentures bear interest at the rate of eight percent (8%) per annum, calculated and paid quarterly and mature on December 28, 2018.  The debentures are secured against the [Read more]

Blackbird announces financial results for Quarter ending October 31, 2017

CALGARY, Alberta, Dec. 28, 2017 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its financial and operational results for the quarter ended October 31, 2017. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended October 31, 2017 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at www.blackbirdenergyinc.com. Q1 [Read more]