CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - Aug. 14, 2017) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) today announced its financial results for the second quarter ended June 30, 2017. The Corporation's condensed consolidated interim financial statements, notes to the condensed consolidated interim financial statements and management's discussion and analysis have been filed on SEDAR (www.sedar.com) and with The Stock Exchange of Hong Kong Limited (the "Hong [Read more]
Pengrowth Announces Closing of $300 Million Olds/Garrington Area Asset Sale
CALGARY, ALBERTA--(Marketwired - Aug. 11, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to report that it has closed the previously announced sale of its Olds/Garrington area assets in Central Alberta for cash consideration of $300 million, before customary closing adjustments. The sale proceeds will provide the Company with additional financial flexibility and help improve its balance sheet strength. The Company continues to seek out opportunities to further reduce [Read more]
Eagle Energy Inc. Announces Second Quarter 2017 Results, Succession Plan and Cost Reduction Initiatives
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Eagle Energy Inc. (TSX:EGL) ("Eagle") is pleased to report its financial and operating results for the second quarter ended June 30, 2017 as well as provide an update on additional cost reduction initiatives. Richard Clark, Eagle's Chief Executive Officer, stated, "I am pleased with our technical team's progress toward commencing drilling on our North Texas asset. We now own over 24,000 net acres in North Texas. This land position is focused [Read more]
Chinook Energy Inc. Announces Second Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Chinook Energy Inc. ("our", "we", or "us") (TSX:CKE) is pleased to announce its second quarter 2017 financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2017 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three and six months ended June 30, 2017 and 2016 and our related management's discussion and analysis which have [Read more]
Inter Pipeline Announces Second Quarter 2017 Financial and Operating Results
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today financial and operating results for the three and six month periods ended June 30, 2017. Second Quarter Highlights Funds from operations (FFO) totalled $207 million, a 5 percent increase over second quarter 2016Generated net income for the quarter of $102 millionDeclared cash dividends of $151 million, or approximately $0.41 per shareQuarterly payout ratio* of 72.9 [Read more]
Birchcliff Announces Second Quarter 2017 Results and Updated Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce its second quarter 2017 results, with record quarterly funds flow from operations of $88.6 million and record quarterly average production of 64,636 boe/d. Funds flow from operations is up 568% and quarterly average production is up 64% from the second quarter of 2016. The full text of Birchcliff's Second Quarter Report containing the unaudited interim condensed financial [Read more]
Leucrotta Announces Update on Lower Montney Turbidite Light Oil Resource Play
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (“Leucrotta” or the “Company”) (TSXV:LXE) is pleased to announce the following update: COMPARISON OF RECENTLY COMPLETED A8-22 VERSUS 8-22 PRODUCTION Leucrotta recently completed the A8-22 Lower Montney well utilizing a 58% increase in frac intensity. The well was completed using a 41 stage completion placing 100 tonnes per stage into the formation versus the 26 stage completion used in the offset 8-22 well. The [Read more]
Petrus Resources Announces Second Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to report financial and operating results for the second quarter of 2017. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations and maximize the Company's return on investment. The [Read more]
Pine Cliff Energy Ltd. Announces Second Quarter 2017 Results
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff's unaudited condensed consolidated interim financial statements and related management's discussion and analysis for the three and six months ended June 30, 2017 (the “Q2-Report”). Selected highlights are shown below and should be read in conjunction [Read more]
Bonterra Energy Corp. Announces Second Quarter 2017 Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2017. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis (MD&A), are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]
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