BOE Report

Inter Pipeline Announces Record First Quarter 2015 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today record financial and operating results for the three month period ended March 31, 2015. First Quarter Highlights Generated record funds from operations* of $177 million, or $0.53 per share, a 34 percent increase over the first quarter of 2014 Declared record cash dividends of $122 million or $0.3675 per share Conservative quarterly payout ratio* of 73 percent Generated [Read more]

Prince Rupert Gas Transmission Project Receives First Two B.C. Oil & Gas Commission Construction Permits

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2015) - TransCanada (TSX:TRP) (NYSE:TRP) (TransCanada) today announced it has received the first two permits from the British Columbia (BC) Oil & Gas Commission (OGC), approving construction for two sections of Prince Rupert Gas Transmission project (PRGT) along approximately 250 kilometres (155 miles) of the route. The pipeline approvals are for sections that extend from 20 km (12.4 miles) northwest of Hudson's Hope to approximately 50 km [Read more]

Talisman Announces Completion of the Acquisition by Repsol

CALGARY, ALBERTA--(Marketwired - May 8, 2015) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announces that the acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed. Under the arrangement, a wholly-owned subsidiary of Repsol has acquired all of the outstanding common shares of Talisman at a price of US $8.00 per share and all of the outstanding preferred shares of Talisman at a price of CDN $25.1093 (representing CDN $25.00 [Read more]

Crew Energy Inc. Announces First Quarter 2015 Financial and Operating Results and Updated Montney Resource Evaluation

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce our operating and financial results for the three month period ended March 31, 2015. Our Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the three month period ended March 31, 2015 are available on Crew's website and will be filed on SEDAR. Q1 HIGHLIGHTS Updated our independent Montney Resource [Read more]

Pengrowth Announces Strong First Quarter Funds Flow, Declaration of Commerciality and Record Production at its Lindbergh Thermal Project

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its financial and operating results for the three months ended March 31, 2015. Derek Evans, President and Chief Executive Officer of Pengrowth said, "We had an exceptional first quarter with Lindbergh production ramping up as per expectations to over 10,000 bbl per day at present and robust first quarter funds flow that was essentially flat to the fourth quarter of 2014, [Read more]

Bonavista Energy Corporation Announces 2015 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") is pleased to report to shareholders its financial and operating results for the three months ended March 31, 2015. Our production efficiencies have improved by 20% leading to production growth of 15% (7% per share) over the same period in 2014, to 85,017 boe per day. Operating costs of $6.99 boe per day represent a 25% reduction over the same period in 2014.The unaudited financial statements and [Read more]

Canadian Natural Resources Limited Announces 2015 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Commenting on first quarter results, Steve Laut, President of Canadian Natural (TSX:CNQ) (NYSE:CNQ) stated, "As expected, low commodity prices impacted first quarter cash flow and earnings. Operationally, the first quarter was very strong with record quarterly production approaching 900,000 BOE/d. Crude oil production increased by 23% and natural gas production increased by 51% from the first quarter of 2014. Canadian Natural's operations continue [Read more]

Talisman Energy First Quarter Results Solid Operational and Financial Results Transaction with Repsol S.A. to close on May 8, 2015

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the first quarter of 2015. All values are in US$ unless otherwise stated. "Talisman delivered solid operational and financial results in the first quarter of 2015 against a backdrop of significantly lower commodity prices and our strategic decision to cut capital investment," said Hal Kvisle, President and CEO. "Production from ongoing operations [Read more]

Crescent Point Energy Announces First Quarter 2015 Results

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2015. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended March 31, 2015, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

Strong first quarter 2015 operating performance and low cost structure enable MEG to navigate through a low and volatile oil price environment

CALGARY, ALBERTA--(Marketwired - May 7, 2015) - MEG Energy Corp. (TSX:MEG) today reported first quarter 2015 operational and financial results. Highlights include: Record quarterly production of 82,398 barrels per day (bpd), an increase of 41% over first quarter 2014 production volumes, driven by the Christina Lake Phase 2B project and continuing implementation of MEG's RISER initiative; Net operating costs of $10.49 per barrel, 23% lower than first quarter 2014 costs and 13% below [Read more]