BOE Report

Phillips 66 Doubles Capex to Bolster Midstream Growth, Beefs Up Refining and Chemicals Capacity on Gulf Coast, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 3, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Solid growth in its Refining segment and lower costs helped Phillips 66 (NYSE:PSX) (Houston, Texas) avoid the fate of other oil & gas companies in second-quarter 2015, as the company boasted solid profits amid continued weakness in commodity prices. Phillips 66 is upping its Midstream and Chemicals investments, particularly in the profitable Gulf Coast. Industrial Info is tracking $67.71 [Read more]

PetroShare Corp. Announces Strategic Consulting Agreement With William (Bill) Lloyd to Assist With Engineering and Operations

CENTENNIAL, CO--(Marketwired - July 31, 2015) - PetroShare Corp. announced today that it has entered into a strategic consulting agreement with William (Bill) Lloyd. Mr. Lloyd brings Petroshare a wealth of experience in modern horizontal drilling and completion operations as well as overall industry experience. Prior to assisting PetroShare, Mr. Lloyd was the Sr. Vice President of Operations for Cirque Resources LP, a privately-held oil and gas company based in Denver, where he led engineering, [Read more]

TransCanada Declares Quarterly Dividends

CALGARY, ALBERTA--(Marketwired - July 31, 2015) - 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 $0.52 per common share for the quarter ending September 30, 2015, on the Company's outstanding common shares. The common share dividend is payable on October 30, 2015, to shareholders of record at the close of September 30, 2015. The Board also declared the following [Read more]

Enbridge Reports Second Quarter Adjusted Earnings of $505 Million or $0.60 Per Common Share and Available Cash Flow From Operations of $808 Million or $0.96 Per Common Share

CALGARY, ALBERTA--(Marketwired - July 31, 2015) - HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Second quarter earnings were $577 million and six months earnings were $194 million, both including the impact of a number of unusual, non-recurring or non-operating factors Second quarter and six months adjusted earnings were $505 million and $973 million, respectively, or $0.60 and $1.15 per common share, respectively Second quarter and [Read more]

TransCanada Reports Strong Second Quarter 2015 Financial Results

CALGARY, ALBERTA--(Marketwired - July 31, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for second quarter 2015 of $429 million or $0.60 per share compared to $416 million or $0.59 per share for the same period in 2014. Comparable earnings for second quarter 2015 were $397 million or $0.56 per share compared to $332 million or $0.47 per share for the same period last year. TransCanada's Board of Directors also declared [Read more]

Western Energy Services Corp. Releases Second Quarter 2015 Financial and Operating Results and Declares Quarterly Dividend

CALGARY, ALBERTA--(Marketwired - July 30, 2015) - Western Energy Services Corp. ("Western" or the "Company") (TSX:WRG) is pleased to release its second quarter 2015 financial and operating results and declare a quarterly dividend of $0.075 per share. Additional information relating to the Company, including the Company's financial statements and management's discussion and analysis as at and for the three months and six months ended June 30, 2015 and 2014 will be available on SEDAR at [Read more]

Canamax Energy Ltd. and Powder Mountain Energy Ltd. Announce Closing of Business Combination

CALGARY, AB--(Marketwired - July 30, 2015) - Canamax Energy Ltd. ("Canamax") (TSX VENTURE: CAC) and Powder Mountain Energy Ltd. ("Powder") (TSX VENTURE: PDM) are pleased to announce the completion of the acquisition by Canamax of all of the issued and outstanding common shares of Powder (the "Powder Shares") by way of a previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta). With the completion of both the Arrangement and the previously [Read more]

Athabasca Oil Corporation Reports Second Quarter 2015 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - July 30, 2015) - Athabasca Oil Corporation ("Athabasca" or the "Company") (TSX:ATH) is pleased to report its second quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Hangingstone achieved first oil in July with six well pairs recently converted to production. Steaming of the initial SAGD well pairs is continuing as planned. Reservoir response and plant reliability continues to meet management's [Read more]

Canadian Oil Sands’ Second Quarter Results Reflect Continued Progress on Syncrude’s Cost Reduction Efforts

CALGARY, AB--(Marketwired - July 30, 2015) - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) All financial figures are unaudited, have been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") and are reported in Canadian dollars, unless otherwise noted. Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) ("COS") reported cash flow from operations in the second quarter of $70 million, or $0.14 per Share, reflecting the impact of planned turnaround work [Read more]

Bonavista Energy Corporation Announces 2015 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - July 30, 2015) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to report to shareholders its financial and operating results for the three and six months ended June 30, 2015. Exceeding the mid-point of our guidance, second quarter production averaged 73,736 boe per day and funds from operations was $96.0 million ($0.44 per share), resulting in a 12% improvement in our corporate netback to $17.22 per boe relative to the first quarter of this [Read more]