DENVER, CO--(Marketwired - Aug 8, 2016) - Resolute Energy Corporation (NYSE: REN) - Production guidance revised upward by thirteen percent - - Permian Basin production now represents more than half of Company total - - Expanded 2016 drilling program to include five more horizontal wells - - Record low quarterly LOE - Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) today reported financial and operating results for the quarter and six [Read more]
Blue Sky Energy Corporate Update
TORONTO, ONTARIO--(Marketwired - Aug. 8, 2016) - Blue Sky Energy Inc. (TSX VENTURE:BSI) announces that the company has completed the restructuring of its operations and plans to focus its efforts on pursing the acquisition of resource assets in competitive and stable energy jurisdictions. The company's ongoing focus is to enhance shareholder value by identifying undervalued and producing assets with exploration upside potential and near term cash flow. About Blue Sky Energy Inc.: Blue Sky [Read more]
Lightstream Announces Results of Interim Order Application
CALGARY, ALBERTA--(Marketwired - Aug. 5, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that, in connection with our previously announced proposed recapitalization transaction to be implemented by way of a plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), the Court of Queen's Bench of Alberta (the "Court") has issued an interim order (the "Interim Order") authorizing, among other things, the holding of special meetings [Read more]
Clearview Resources Ltd. Closes Private Placement
CALGARY, ALBERTA--(Marketwired - Aug. 5, 2016) - Clearview Resources Ltd. ("Clearview") is pleased to announce that it has completed its previously announced non-brokered private placement of 1,111,111 voting common shares at $4.50 per share. The proceeds of the offering will be used for general corporate purposes. [Read more]
Paramount Announces Second Quarter 2016 Results
CALGARY, ALBERTA--(Marketwired - Aug. 5, 2016) - (TSX:POU) - HIGHLIGHTS Paramount closed the sale of its Musreau Complex natural gas processing facility for gross cash proceeds of approximately $565 million in April 2016. In July 2016, Paramount entered into an agreement to sell 450 (310 net) sections of its Deep Basin oil & gas properties in the Musreau/Kakwa area (the "Musreau/Kakwa Assets") to Seven Generations Energy Ltd. ("7G" or "Seven Generations") for total consideration [Read more]
Eagle Energy Inc. Announces Second Quarter 2016 Results and Executive Appointment
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Eagle Energy Inc. (TSX:EGL) ("Eagle") is pleased to report its financial and operating results for the second quarter ended June 30, 2016. "Eagle is on track to post 2016 results at the upper end of our production guidance, the lower end of our operating cost guidance and as planned for our capital spend," said Richard Clark, Chief Executive Officer. Mr. Clark added, "In addition, with operatorship in our hands effective June 1st at [Read more]
Freehold Royalties Ltd. Announces 2016 Second Quarter Results and Suspension of DRIP
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2016. RESULTS AT A GLANCE Three Months Ended Six Months Ended June 30 June 30 FINANCIAL ($000s, except as noted) 2016 2015 Change 2016 2015 Change Gross revenue 32,219 38,004 -15 % 57,152 65,755 -13 % Net income [Read more]
Lightstream Announces Second Quarter 2016 Results
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces second quarter 2016 financial and operating results. Our financial statements and management's discussion and analysis for the quarter ended June 30, 2016 will be available on the system for electronic analysis and retrieval at www.sedar.com and on Lightstream's website at www.lightstreamresources.com. Three months ended June 30, Six months ended June [Read more]
Pengrowth Delivers Strong Second Quarter Operational Performance and Continued Debt and Cost Reductions
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) Pengrowth's continued focus on all cost structures was clearly demonstrated with the second quarter results, where operating costs are now expected to come in approximately $65 million below guidance, year to date general and administrative (G&A) costs dropped by approximately $9.0 million year over year and transportation costs were also reduced. The impact of cost reduction efforts is [Read more]
RMP Energy Provides a Bank Facility and Operations Update and Announces a Strategic Review
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) today provides an update on its bank credit facility re-determination and its second quarter field operations. The Company also announces that it has closed the previously-announced purchase of assets in the Gold Creek area and that it has initiated a process to review strategic options with a view to maximizing the value of the Company's large Montney resource base. Strategic Discussion and [Read more]
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