BOE Report

AER Issues Order to Journey Energy Inc. Following Two Crude Oil Emulsion Spills

CALGARY, Alberta, June 30, 2017 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has issued an order to Journey Energy Inc. (Journey) in response to two releases of an unknown amount of crude oil emulsion near Winfield, Alberta that was originally reported to the AER on June 28, 2017. The order directs the company to: immediately suspend operations, contain the release and prevent it from spreading; identify anyone who may be affected by the release and make sure they are [Read more]

Range Announces Conference Call to Discuss Second Quarter 2017 Financial Results

FORT WORTH, Texas, June 29, 2017 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) announced today that its second quarter 2017 financial results news release will be issued Tuesday, August 1 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, August 2 at 9:00 a.m. ET (8:00 a.m. CT).  To participate in the call, please dial 866-900-7525 and provide conference code 48401322 about 10 minutes prior to [Read more]

Chevron Second Quarter 2017 Earnings Conference Call

San Ramon, CA, June 29, 2017 (GLOBE NEWSWIRE) -- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, July 28, 2017, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information:Date: Friday, July 28, 2017Time: 11:00 a.m. ET / 8:00 a.m. PTDial-in # (Listen-only mode):  706-634-0892 / 877-604-2078Conference ID #:  43408922  To access the live webcast, visit www.chevron.com.  The meeting replay will also be [Read more]

QEP Resources Announces Second Quarter 2017 Financial and Operational Results Release Date and Conference Call

DENVER, June 28, 2017 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) today announced that it will host a teleconference and webcast to discuss its second quarter 2017 results beginning at 9:00 a.m. EDT (7:00 a.m. MDT) on Thursday, July 27, 2017. QEP will issue a combined second quarter 2017 financial and operational results news release Wednesday, July 26, 2017 after market close. The conference call can be heard live through a link on the QEP Resources website, www.qepres.com. In [Read more]

Baytex Provides Operational Update – Q2 2017 Production Up 5%

CALGARY, Alberta, June 26, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX:BTE) (NYSE:BTE) is pleased to provide an update on our operational progress during the second quarter of 2017 in accordance with our business plan. Based on field estimates for June, our average production during Q2/2017 is estimated at 72,500 boe/d representing a 5% increase over Q1/2017. We estimate our production in the first half of this year to be 70,900 boe/d. During the second quarter, exploration and [Read more]

Cenovus President & Chief Executive Officer Brian Ferguson to retire

CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced that its President & Chief Executive Officer Brian Ferguson will be retiring as an officer and director of the company on October 31, 2017. Ferguson will continue in his roles leading the company and serving on the Board of Directors until that time. The Board will engage immediately in a broad global search for a new President & Chief Executive Officer. Following his retirement [Read more]

Cenovus plans to grow free funds flow 14% a year through 2021

Company targets $4 billion to $5 billion in asset sale agreements by year end CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today put forward a five-year plan that the company expects will generate 14% annualized free funds flow growth through 2021 at a West Texas Intermediate (WTI) price of US$55 per barrel (bbl) while increasing production at a 6% compound annual growth rate and reducing its debt. The plan entails disciplined capital investment [Read more]

Encana increases Permian type curves and premium return inventory; driving efficiency with cube development

CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) -- Encana’s (TSX:ECA) (NYSE:ECA) cube development approach combined with advanced completion practices have significantly enhanced its Permian well performance and led to a 20 percent increase in the company’s Permian type curves and 700 new premium return locations. The 700 new premium return locations is five times the quantity the company will drill this year and brings total premium return locations in the play to 3,450. Encana expects it will [Read more]

Toscana Energy Reports Voting Results of Annual Meeting of Shareholders

CALGARY, Alberta, June 12, 2017 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX:TEI) held its annual meeting of shareholders on June 12, 2017 in Calgary, Alberta.  A total of 1,345,856 common shares ("Common Shares") of the Company, representing approximately 18.46% of Common Shares, were represented in person or by proxy at the meeting.During the business proceedings at the meeting, shareholders approved resolutions fixing the number of directors [Read more]

Encana announces agreement to sell its Piceance natural gas assets

CALGARY, Alberta, June 09, 2017 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX:ECA) (NYSE:ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas LLC (Caerus). Total cash consideration to Encana under the transaction is $735 million. In addition, Encana will reduce its midstream commitments by approximately $430 million, [Read more]