BOE Report

Birchcliff Energy Ltd. Announces Solid Q3 2019 Results and Preliminary Outlook for 2020

Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019 and its preliminary outlook for 2020. Birchcliff’s unaudited interim condensed financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and analysis (the “MD&A”) will be available on its website at www.birchcliffenergy.com and on SEDAR at www.sedar.com. … [Read more...]

Pipestone Energy Corp. Reports Third Quarter 2019 Results and Provides an Operations Update

CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its Q3 2019 financial and operational results, provide an update on its production ramp-up, as well as an accelerated completion program within its capital guidance. The Company has filed its unaudited financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September 30, 2019 on SEDAR. A conference call has been … [Read more...]

Questerre reports net profit for third quarter of 2019

Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported a net profit of $1.33 million and production of just over 2,300 boe/d for the third quarter ended September 30, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Exceptional well results drove an increase in production and positive earnings for the third quarter in spite of soft commodity prices. We continue to see the benefits of efficiency gains with lower well costs and … [Read more...]

Bellatrix Announces Filing of Third Quarter 2019 Financial and Operating Results and Delisting From Toronto Stock Exchange

Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces that it has filed its interim financial statements and related management’s discussion and analysis for the three and nine months ended September 30, 2019 with the Canadian securities regulatory authorities on SEDAR. Bellatrix also announces that on November 8, 2019, the Toronto Stock Exchange delisted the common shares of Bellatrix as a result of the Company’s initiation of creditor protection proceedings, as previously … [Read more...]

Freehold Royalties Ltd. Announces Third Quarter Results

Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces third quarter results for the period ended September 30, 2019. Results At A Glance Three Months Ended Nine Months Ended   September 30 September 30 FINANCIAL ($000s, except as noted) 2019 2018 Change 2019 2018 Change Royalty and other revenue   33,068 40,587 -19% 104,010 119,705 -13% Net income (loss) 2,729 8,389 -67% (920 ) 18,198 -105%   Per share, basic and diluted … [Read more...]

Suncor Energy declares dividend and announces increase to share repurchase program

All financial figures are in Canadian dollars. Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable December 24, 2019 to shareholders of record at the close of business on December 3, 2019. Suncor’s Board of Directors has also approved an increase to the company’s current share repurchase program of an additional $500 million increasing the program from $2.0 billion to $2.5 billion. Suncor will continue to be opportunistic in its … [Read more...]

Zargon Oil & Gas Ltd. Provides 2019 Third Quarter Results

Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOL: ZAR). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPT 30, 2019) Funds flow from operating activities of $1.41 million compared to $2.17 million recorded in the prior quarter. The decrease from the prior quarter was primarily due to lower production volumes and commodity prices that were partially offset by lower general and administrative expenses. Third quarter 2019 production averaged 1,715 barrels of oil … [Read more...]

Petrus Resources Announces Third Quarter 2019 Financial & Operating Results

CALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and nine months ended September 30, 2019. Petrus is focused on generating free funds flow for debt repayment and further development of its Ferrier Cardium asset to increase light oil and total liquids weighting. The Company's Management's Discussion and Analysis ("MD&A") and interim consolidated … [Read more...]

Prairie Provident Resources Announces Third Quarter 2019 Financial and Operating Results

CALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2019. 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, 2019 are available on our website at www.ppr.ca and filed on SEDAR. Prairie … [Read more...]

Cardinal Energy Ltd. Announces Third Quarter 2019 Results

CALGARY, Nov. 12, 2019 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2019. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website at … [Read more...]

OSY Rentals