DENVER, Nov. 14, 2017 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has priced an offering of $600 million aggregate principal amount of 5.75% senior unsecured notes due 2026 (the “Notes”). The offering is expected to close on November 29, 2017, subject to customary closing conditions. PDC intends to use the net proceeds from the offering (i) to redeem its 7.75% senior notes due 2022, (ii) to fund a portion of the purchase price of the [Read more]
Touchstone Announces Third Quarter 2017 Financial Results
CALGARY, Alberta, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) announces its financial and operating results for the three months ended September 30, 2017 (the “third quarter”). Selected financial and operational information is outlined below and should be read in conjunction with Touchstone’s September 30, 2017 unaudited interim consolidated financial statements and related management’s discussion and analysis, both of which [Read more]
Mid-Con Energy Partners, LP Schedules Third Quarter 2017 Earnings Release and Conference Call
TULSA, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (NASDAQ:MCEP) (“Mid-Con Energy” or the “Partnership”) will release its financial and operating results for the third quarter ended September 30, 2017, after the market close on Tuesday, November 14, 2017. Management will host a conference call on Tuesday, November 14, 2017, at 6:00 p.m. ET. Interested parties are invited to participate via telephone by dialing 1-877-847-5946 (Conference ID: 7296548) at least five minutes [Read more]
Cenovus reaches agreement to sell interest in Weyburn asset for $940 million
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million. The sale is expected to close in the fourth quarter of 2017, subject to customary closing conditions. The previously announced sale of Cenovus’s Pelican Lake assets closed on September 29, 2017 and the company still anticipates the [Read more]
InPlay Oil Corp. Announces Third Quarter 2017 Financial and Operating Results and an Increased Land Position in the Emerging East Basin Duvernay Shale Play
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and nine months ended September 30, 2017. InPlay’s unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2017 will be available shortly on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and [Read more]
Granite Oil Corp. Reports Third Quarter 2017 Results and Provides Corporate Update
CALGARY, Alberta, Nov. 09, 2017 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to announce its unaudited financial and operating results for the three and nine months ended September 30, 2017. Third Quarter 2017 Financial and Operating Highlights Selected financial and operating information is outlined below and should be read with Granite’s unaudited interim consolidated financial statements and related Management’s Discussion and [Read more]
Prairie Provident Announces Third Quarter 2017 Financial and Operating Results
CALGARY, Alberta , Nov. 09, 2017 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX:PPR) ("Prairie Provident," "PPR" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2017, and to provide an operational update. PPR’s consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2017 are available on its [Read more]
Inter Pipeline Announces Record Third Quarter 2017 Financial Results
CALGARY, Alberta, Nov. 09, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today record financial and strong operating results for the three and nine month periods ended September 30, 2017. Third Quarter Highlights Funds from operations (FFO) totalled $269 million, a new quarterly record and a 27 percent increase over third quarter 2016 Generated record net income for the quarter of $143 million, a 17 percent increase over the same period in 2016 [Read more]
Cardinal Energy Ltd. Announces Management Changes
CALGARY, Alberta, Nov. 09, 2017 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) of Calgary, Alberta announces the departure of Mr. Shane Peet President of Cardinal effective immediately. Mr. Scott Ratushny, Cardinal’s CEO will resume the title of President, a position he held until May 11, 2015. Mr. Peet 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 [Read more]
Supreme Court of Canada to hear AER appeal of the Redwater decision
CALGARY, Alberta, Nov. 09, 2017 (GLOBE NEWSWIRE) -- The Supreme Court of Canada has confirmed it will hear the appeal of the Alberta Energy Regulator (AER) and Orphan Well Association on the Redwater decision. “For the past two years, we have worked very hard at all levels of court to ensure the consequences of the Redwater decisions are fully understood,” said AER president and CEO Jim Ellis. “The decision has already had a significant impact in Alberta – and its consequences will go well [Read more]
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