BOE Report

Teekay Offshore Partners Reports Second Quarter 2015 Results

HAMILTON, BERMUDA--(Marketwired - Aug. 6, 2015) - Teekay Offshore Partners L.P (NYSE:TOO) Highlights Generated distributable cash flow of $58.3 million in the second quarter of 2015, an increase of 45 percent from the second quarter of 2014. Declared second quarter 2015 cash distribution of $0.5384 per common unit; management intends to recommend to the Partnership's Board of Directors a distribution increase of four percent commencing in the [Read more]

Teekay LNG Partners Reports Second Quarter 2015 Results

HAMILTON, BERMUDA--(Marketwired - Aug. 6, 2015) - Highlights Generated distributable cash flow of $65.8 million in the second quarter of 2015, up 7 percent from the same period of the previous year. Declared second quarter 2015 cash distribution of $0.70 per unit. In June 2015, secured 13-year charter contract with BP Shipping Limited for up to two LNG carrier newbuildings, which increases Teekay LNG's forward fixed-rate revenues to [Read more]

Teekay Corporation Reports Second Quarter 2015 Results

HAMILTON, BERMUDA--(Marketwired - Aug. 6, 2015) - Highlights Second quarter 2015 total Teekay Parent free cash flow of $49.5 million, up $17.9 million, or 57 percent from the first quarter of 2015. Implemented new dividend policy: increased second quarter 2015 dividend by 75 percent to $0.55 per share ($2.20 per share annualized) and linking future dividend increases to the growing cash flows from Teekay's publicly-listed daughter entities. [Read more]

Paramount Resources Ltd. Announces Second Quarter 2015 Results; Sales Volumes Increase 107% to 42,604 Boe/d; Liquids Sales Volumes Increase 320% to 16,877 Bbl/d

CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - Paramount Resources Ltd. (TSX:POU) OIL AND GAS OPERATIONS Second quarter 2015 sales volumes were 42,604 Boe/d, 107 percent higher than the second quarter of 2014, despite transportation curtailments and processing facility outages in May and June. Sales volumes averaged approximately 50,000 Boe/d in July 2015 as production increased following the easing of downstream disruptions. Second quarter 2015 liquids sales volumes totaled 16,877 [Read more]

Lightstream Announces Second Quarter Production of 31,966 Boepd, Funds Flow from Operations of $67 Million and Guidance Update

CALGARY, ALBERTA--(Marketwired - Aug. 5, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces our second quarter financial and operating results. SECOND QUARTER FINANCIAL & OPERATING HIGHLIGHTS Second quarter production averaged 31,966 barrels of oil equivalent per day ("boepd") (72% light oil and liquids), a 9% decrease from first quarter 2015 production due to a reduced capital program, higher downtime associated with third party facility maintenance [Read more]

Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Six Months-Ended June 30, 2015

CALGARY, ALBERTA--(Marketwired - Aug. 5, 2015) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the three and six months-end June 30, 2015. Financial and Operating Highlights Reported sales volumes for the second quarter of 2015 were lower at 28,926 Boe/d as compared to 33,041 Boe/d for the previous quarter. Average realized liquids prices increased approximately 30 percent from the prior quarter. Net capital expenditures, [Read more]

Veresen Announces 2015 Second Quarter Results and Updated Guidance

CALGARY, ALBERTA--(Marketwired - Aug. 5, 2015) - Veresen Inc. ("Veresen" or the "Company") (TSX:VSN) announced today financial and operating results for the three and six months ended June 30, 2015. Q2 Highlights Distributable cash(2) of $65.0 million ($0.22 per Common Share) compared to $63.7 million ($0.29 per Common Share) in the second quarter of 2014. Adjusted net income attributable to Common Shares(1) of $11.9 million ($0.04 per Common Share) compared to an adjusted net loss [Read more]

EPCOR Announces Quarterly Results

EDMONTON, ALBERTA--(Marketwired - Aug. 5, 2015) - EPCOR Utilities Inc. (EPCOR) today filed its quarterly results for the three months and year-to-date period ended June 30, 2015. "EPCOR's financial and operational results for the second quarter show our core operations are performing well. The quarter also included a significant gain related to a sale of Capital Power shares in April and temporary fair value adjustments on financial electricity purchases contracts," said David Stevens, [Read more]

Tourmaline Cash Flows $203.0 Million in the Second Quarter

CALGARY, AB--(Marketwired - August 05, 2015) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce continued strong financial and operating results for the second quarter of 2015. HIGHLIGHTS Second quarter production of 143,634 boepd, up 31% from second quarter of 2014. Quarterly cash flow(1) of $203.0 million ($0.95/share). Second quarter 2015 operating costs of $4.10/boe, down 13% from Q1 2015. All-in cash costs (operating, transportation, [Read more]

Gear Energy Ltd. Announces Second Quarter 2015 Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 5, 2015) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended June 30, 2015 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Six months ended (Cdn$ thousands, except [Read more]