CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three and nine months ended September 30, 2016 (all amounts are in Canadian dollars unless otherwise noted). "We are increasing our full year 2016 production guidance by 2% on the back of our strong third quarter operating results and planned activity levels through year-end. For the second consecutive quarter our funds from operations [Read more]
Seven Generations Q3 production reaches 132,625 boe/d, up 119%, funds from operations up 123% to $212 million
CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Seven Generations Energy Ltd. (TSX:VII) achieved record production of 132,625 barrels of oil equivalent per day (boe/d) in the third quarter of 2016, up 119 percent compared to the same period in 2015. Third quarter 2016 condensate production increased 105 percent to about 46,453 barrels per day (bbls/d) compared to a year earlier. Third quarter natural gas production was 314 MMcf/d, up 120 percent from a year earlier, while funds from operations [Read more]
Blackbird Energy Inc. Announces Closing of CDE Private Placement for Proceeds of $5.1 Million
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement of 10,865,000 flow-through common shares (the "Shares") pursuant to the Income Tax Act (Canada) ("ITA") in respect of Canadian Development Expenses ("CDE") at a price of $0.47 per Share for proceeds of $5,106,550 (the "CDE Private Placement"). Due to strong demand, the CDE [Read more]
Veresen Announces Strong Third Quarter Financial Results and Increased 2016 Guidance
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today announced its third quarter operating and financial results. "Veresen's operational and financial performance in each of the first three quarters has continued to exceed expectations and has enabled us to raise guidance for the second time this year," said Don Althoff, President and CEO of Veresen. "Our underlying business remains strong, and we believe that Veresen Midstream will continue to provide [Read more]
Resolute Energy Corporation to Announce Results for the Third Quarter Ended September 30, 2016 and Hold Investor Conference Call on Tuesday, November 8 at 4:30 pm EST
DENVER, CO--(Marketwired - Nov 1, 2016) - Resolute Energy Corporation ("Resolute") (NYSE: REN) announced today that it will issue a press release covering operating and financial results for the third quarter ended September 30, 2016, after the market closes on Monday, November 7, 2016. An investor conference call to review the third quarter results will be held on Tuesday, November 8, 2016 at 4:30 PM Eastern Standard Time. Date: Tuesday, November 8, 2016 Time: 4:30 PM EST / [Read more]
Gibsons Declares Dividend
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on January 17, 2017, to shareholders of record at the close of business on December 30, 2016. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, [Read more]
Gibsons Reports Financial Results for Third Quarter 2016
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today operating and financial results for the three months ended September 30, 2016. Highlights: Adjusted EBITDA1 of $63 million in the third quarter of 2016 represented a 41% increase over the second quarter of 2016 and was supported by record Infrastructure segment profit contribution of $52 million; (1) Adjusted EBITDA [Read more]
TransCanada Declares Quarterly Dividends
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.565 per common share for the quarter ending December 31, 2016, on the Company's outstanding common shares. The common share dividend is payable on January 31, 2017 to shareholders of record at the close of business on December 30, 2016. The Board also [Read more]
TransCanada Schedules Conference Call to Discuss Strategic Initiatives
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced today it will hold a brief teleconference and webcast today - Tuesday November 1, 2016 - to provide an update on a series of strategic initiatives. Russ Girling, TransCanada's president and chief executive officer, and Don Marchand, executive vice-president, corporate development and chief financial officer will take part in the call at 2:45 p.m. [Read more]
TransCanada Reports Strong Third Quarter 2016 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced a net loss attributable to common shares for third quarter 2016 of $135 million or $0.17 per share compared to net income of $402 million or $0.57 per share for the same period in 2015. Third quarter 2016 results included a $656 million after-tax goodwill impairment charge related to our U.S. Northeast Power business. Excluding the net loss on the goodwill impairment and [Read more]
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