BOE Report

AltaGas Ltd. Reports Record 2017 First Quarter Results

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Achieved record normalized EBITDA1 of $228 million in the first quarter of 2017, a 28 percent increase compared to the same quarter of 2016; Increased normalized funds from operations1 by approximately 29 percent to $170 million in the first quarter of 2017; Announced [Read more]

Cenovus delivers strong first quarter operational performance

CALGARY, AB--(Marketwired - April 26, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong operational performance in the first quarter of 2017, increasing oil sands production by almost one-third while further reducing per-barrel crude oil operating costs compared with the same period in 2016. As a result of its reduced cost structure, significant liquidity and strong financial position, the company was also able to pursue the agreement, announced March 29, 2017, to [Read more]

Anterra Energy Announces Filing of 2016 Year End Reports and Director Appointment

CALGARY, ALBERTA--(Marketwired - April 25, 2017) - Anterra Energy Inc. ("Anterra" or the "Company") announces that it has filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on the Company's website at www anterraenergy.com, the following 2016 year-end reports: Financial Statements and related MD&A for the year ended December 31, 2016; and Statement of Reserves Data and Other Oil and Gas Information as of [Read more]

Disposition of Common Shares in the Capital of Point Loma Resources Ltd. by Madalena Energy Inc.

CALGARY, ALBERTA--(Marketwired - April 25, 2017) - Pursuant to the early warning requirements of applicable Canadian securities laws and in connection with Madalena Energy Inc.'s ("Madalena") ownership of common shares ("Common Shares") in the capital of Point Loma Resources Ltd. (the "Company"), Madalena reports that, on April 24, 2017, it sold 2,341,806 Common Shares for total gross proceeds of approximately $550,000 (the "Transaction"). Prior to the Transaction, Madalena beneficially owned [Read more]

Pengrowth Enters Into Agreement to Sell Remaining Swan Hills Assets for $185 Million

CALGARY, ALBERTA--(Marketwired - April 25, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) (the "Company" or "Pengrowth") today announced that it has entered into an agreement for the sale of the remaining portion of its Swan Hills assets in North Central Alberta for total cash consideration of $185 million, subject to customary closing conditions and adjustments. The divested assets generated average daily production of approximately 5,150 barrels of oil equivalent per day (boe per [Read more]

PrairieSky Announces Results of the Annual Meeting of Shareholders and Election of Directors

CALGARY, ALBERTA--(Marketwired - April 25, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on April 25, 2017 (the "Meeting") in Calgary, Alberta. The resolutions approved at the Meeting were as follows: The resolution to appoint the five (5) nominees as directors of the Company to serve until the next annual meeting of shareholders of [Read more]

Athabasca Oil Corporation Announces Results of Shareholders’ Meeting

CALGARY, ALBERTA--(Marketwired - April 25, 2017) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that all matters presented for approval at the Annual General and Special Meeting of Shareholders held April 25, 2017 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at six, electing six proposed director nominees, approval of the performance award plan and appointment of Ernst & Young [Read more]

Encana to hold 2017 first quarter results conference call and Annual Meeting of Shareholders on Tuesday, May 2, 2017

CALGARY, AB --(Marketwired - April 25, 2017) - (TSX: ECA) (NYSE: ECA)Encana Corporation will release its 2017 first quarter results and hold its Annual Meeting of Shareholders on Tuesday, May 2, 2017. The news release detailing Encana's 2017 first quarter results will provide operating and financial information. Financial statements will be available on the company's website.A conference call and webcast to discuss the 2017 first quarter results will be held for the investment community the [Read more]

Savanna Announces Change of Control Offer for Outstanding Senior Notes and Temporary Waiver from Syndicated Credit Facility Lenders

CALGARY, ALBERTA--(Marketwired - April 24, 2017) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces that, in connection with the acquisition by Total Energy Services Inc. ("Total") of more than 50% of the outstanding common shares of Savanna pursuant to Total's offer to purchase all of the common shares of Savanna (the "Change of Control"), Savanna has issued a Notice of Change of Control and Change of Control Offer (the "Offer") to repurchase the outstanding Cdn. $107.085 million [Read more]

PrairieSky Announces First Quarter 2017 Results

CALGARY, ALBERTA--(Marketwired - April 24, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2017. 2017 First Quarter Highlights: Average royalty production of 26,812 BOE per day, 49% liquids Funds from operations of $67.3 million or $0.28 per share, basic and diluted Revenues of $80.3 million including $73.5 million of royalty revenue Leased land for [Read more]