BOE Report

Paramount Resources Ltd. Closes the Sale of its Karr 6-18 Natural Gas Facility

CALGARY, Aug. 1, 2019 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) is pleased to announce that it has closed the previously announced sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions Corp. for total consideration of approximately $470 million. The consideration received by Paramount included approximately $330 million in cash plus a $140 million capital commitment to fund and complete the expansion of the facility. The cash proceeds from the transaction [Read more]

Vermilion Energy Inc. Announces Results for the Three and Six Months Ended June 30, 2019

  CALGARY, July 29, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2019. The unaudited financial statements and management discussion and analysis for the three and six months ended June 30, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

TransAlta Responds to Continued Energy-Only Market in Alberta

CALGARY, July 25, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today commented on the Government of Alberta's announcement that the energy-only market framework in Alberta will be maintained. The promise by the Government of Alberta to deliver a decision on market structure within 90 days was fulfilled, thereby reducing significant uncertainty for TransAlta in assessing investment decisions in the Alberta power generation market. The Company [Read more]

Cuda Oil and Gas Inc. Announces Agreements to Sell all of its Quebec Assets for a Total Transaction Value of $10.59 Million

CALGARY, July 24, 2019 /PRNewswire/ - Cuda Oil and Gas Inc. ("Cuda" or the "Company") (TSXV: CUDA) is pleased to announce that it has entered into a series of binding Asset Purchase Agreements  (the  "APAs") to sell all of its oil and gas assets and related liabilities located in the Province of Quebec ("Quebec") at a total transaction value of CAD$10.59 million, including cash consideration at closing of CAD $4.29 million, to arm's-length purchasers (the "Transaction").  The Transaction is [Read more]

Crescent Point Announces Q2 2019 Conference Call

CALGARY, July 18, 2019 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) plans to report its second quarter 2019 financial and operating results via press release prior to the opening of markets on Thursday, July 25, 2019. Crescent Point's management will host a conference call at 10:00 a.m. MDT (12:00 p.m. EDT) the same day to discuss the results and outlook for the Company. Participants can listen to this event online via webcast. [Read more]

Stratas Advisors Upgrades its Oil Price Outlooks

HOUSTON, July 17, 2019 /PRNewswire/ -- Stratas Advisors has slightly raised its 2019 and 2020 oil price outlooks after seeing stronger than expected second quarter prices. "As we have discussed previously, volatility is the name of the game this year as fundamentals nearing balance means that spot prices are often set by sentiment and headlines. The overall expected path of prices has seen very little change, and remains constructive through 2020," said Ashley Petersen, senior oil [Read more]

Encana to Hold Conference Call and Webcast for 2019 Second Quarter Results on Wednesday, July 31, 2019

CALGARY, July 16, 2019 /PRNewswire/ - Encana Corporation (NYSE, TSX: ECA) plans to release its 2019 second quarter financial and operating results prior to market open on Wednesday, July 31, 2019. In addition, accompanying slides and financial statements will be available on the Company's website at www.encana.com under Investors/Presentations & Events. A conference call and webcast to discuss the 2019 second quarter results will be held the same day at 7 a.m. MT (9 a.m. ET). To [Read more]

Whitecap Resources Inc. Announces Second Quarter 2019 Results Conference Call/Webcast and Confirms Monthly Dividend for July of $0.0285 per Share

CALGARY, July 15, 2019 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) announces that it intends to release its 2019 second quarter results before market open on Thursday, August 1, 2019 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT (11:00 am ET) on Thursday, August 1, 2019. The conference call dial-in number is:  1-888-390-0605 or (587) 880-2175 or (416) 764-8609 A live audio webcast of the conference call will be accessible on Whitecap's website at [Read more]

Vermilion Energy Inc. Confirms Second Quarter 2019 Release Date and Conference Call and Webcast Details

CALGARY, July 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) announced today it will release its 2019 second quarter operating and condensed financial results on Monday, July 29, 2019 before the open of North American markets.  The unaudited financial statements and management discussion and analysis for the three and six months ended June 30, 2019 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

Callon to Acquire Carrizo in All-Stock Transaction

HOUSTON, July 15, 2019 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) and Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced that their Boards of Directors have unanimously approved a definitive agreement under which Callon will acquire Carrizo in an all-stock transaction valued at $3.2 billion. This highly complementary combination will create a leading oil and gas company with scaled development operations across a portfolio of core oil-weighted assets in both the Permian Basin and [Read more]