BOE Report

Cenovus appoints Alex Pourbaix as new President & CEO

CALGARY, Alberta, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced the appointment of Alex Pourbaix as President & Chief Executive Officer and member of the Board of Directors. Pourbaix will start the role on November 6. He replaces Brian Ferguson, who announced earlier this year that he will be retiring from that position after 33 years with Cenovus and its predecessor companies. Ferguson’s last day as President & Chief Executive Officer will be [Read more]

Cenovus to hold conference call and webcast on third quarter 2017 results

CALGARY, Alberta, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third quarter 2017 results on Thursday, November 2, 2017. The news release will provide consolidated third quarter 2017 operating and financial information. Financial statements will be available on the company’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate, please dial [Read more]

Husky Energy Reports Third Quarter 2017 Results

CALGARY, Alberta, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Husky (TSX:HSE) recorded funds from operations of $891 million in the third quarter, leading to free cash flow of $380 million. “The steps we have taken to transform the Company’s asset base continue to reduce our cost structure and increase funds from operations. Combined with strong Downstream performance, this is unlocking significant value and providing for ongoing investment in low cost production growth,” said CEO Rob Peabody. “Funds [Read more]

Delphi Energy Provides Operations Update

CALGARY, Alberta, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) provides an operations update on recent positive well results, increasing condensate yields, and ongoing cost reduction initiatives. Drilling and Completion Operations Successfully Delineating Delphi’s 167.5 section Bigstone Area Completion operations on the Company’s ninth, tenth and eleventh wells of the 2017 program have concluded, with two of the wells now on production and the third well [Read more]

Groundstar Resources Limited Announces Financing

CALGARY, Alberta, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Groundstar Resources Limited (TSXV:GSA) (the “Company”) is pleased to announce that it intends to complete an offering of common shares in the capital of the Company (the “Common Shares”) at a price of $0.01 per share and/or common shares in the capital of the Company to be issued on a “flow-through” basis within the meaning of the Income Tax Act (Canada) (the “Flow-Through Shares”) also at a price of $0.01 per share, all by way of a [Read more]

Traverse Energy Ltd. Closes First Tranche of Private Placement Financing

CALGARY, Alberta, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Traverse Energy Ltd. (the “Corporation”) (TSX Venture:TVL) is pleased to announce that it has successfully closed the first tranche of its previously announced non-brokered private placement (the “Private Placement”) of common shares of the Corporation (“Shares”) issued on a "flow through" basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada). The Corporation issued 10,739,000 [Read more]

Leucrotta Announces Update on Operations and Financial Position

CALGARY, Alberta, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (“Leucrotta” or the “Company”) (TSXV:LXE) is pleased to announce the following update: PRODUCTION ON 8-4 AND A8-22 LOWER MONTNEY TURBIDITE OIL WELLS Leucrotta recently tied in and started producing the 8-4 Lower Montney Oil well.  The 8-4 well had an IP30 of 747 boepd comprised of 317 bopd of light oil, 2.2 mmcf/d of gas, and 60 boepd of ngls.  This compares favourably to Leucrotta’s IP30 type curve of 584 boepd [Read more]

Yangarra Resources and NCS Multistage Announce Record-Breaking Well in the Cardium Formation

CALGARY, Alberta, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. (“Yangarra”) and NCS Multistage Holdings, Inc. (Nasdaq:NCSM) (“NCS Multistage”) have completed a 135-stage well in the Cardium Formation in 116 operating hours. The well was completed in a single coiled-tubing run with 7.4 million lb (3,374 tonnes) of proppant placed and an average frac rate of 34.59 bbl/min (5.5 m3/min). The completion alternated between single- and double-casing joint spacing between fracture sleeves, [Read more]

Mammoth Energy Announces 3Q 2017 Earnings Release and Conference Call Schedule

OKLAHOMA CITY, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. (“Mammoth”) (NASDAQ:TUSK) today announced that it will release financial results for the third quarter of 2017 after the market close on Wednesday, November 1, 2017. A conference call to discuss the results has been scheduled for the following day, Thursday, November 2, 2017, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Individuals wishing to participate in the conference call should dial (844) 265-1561 or [Read more]

Apache Corporation to Release Third-Quarter 2017 Results Nov. 2

HOUSTON, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE:APA) (Nasdaq:APA) will release third-quarter results on its website at www.apachecorp.com and investor.apachecorp.com as well as on Twitter (@ApacheCorp) at 7 a.m. Central time Thursday, Nov. 2, 2017, followed by a conference call to discuss its results at 1 p.m. Central time. To assist analysts in updating their third-quarter earnings estimates, Apache has provided a current view of realized oil and gas price derivative [Read more]