BOE Report

Crescent Point Nominates New Directors for Board Election

CALGARY, April 11, 2019 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce that James E. ("Jim") Craddock and Jennifer F. Koury will stand for election to its Board of Directors (the "Board") at the Company's upcoming Annual General Meeting ("AGM"). "We're excited about having both Jim and Jennifer stand as new independent nominees," said Bob Heinemann, Chairman of the Board. "Through our search process, it was evident [Read more]

Legacy Reserves Discloses That Director Nomination Notice From Baines Creek Is Invalid

MIDLAND, Texas, April 9, 2019 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy" or the "Company") (NASDAQ: LGCY) today disclosed that Baines Creek Partners, L.P.'s ("Baines Creek") notice of director nominations for the Company's 2019 Annual Meeting is invalid for failure to comply with the requirements set forth in Legacy's bylaws. Legacy's bylaws were established for the protection of the Company and all of its stockholders. Following review by Legacy and its legal advisors, Legacy determined [Read more]

Chesapeake Energy Corporation Announces Final Exchange Results

OKLAHOMA CITY, April 2, 2019 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) today announced the final results of its private offers to exchange (the "Exchange Offers") new 8.00% Senior Notes due 2026 (the "New Notes") for certain outstanding senior unsecured notes listed in the table below (the "Existing Notes"). As of 11:59 p.m., New York City time, on April 1, 2019 (the "Expiration Date"), approximately $883.5 million aggregate principal amount, or approximately 59.7%, of Existing [Read more]

Chesapeake Energy Corporation Announces Early Exchange Results

OKLAHOMA CITY, March 19, 2019 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) today announced the preliminary results of its private offers to exchange (the "Exchange Offers") new 8.00% Senior Notes due 2026 (the "New Notes") for certain outstanding senior unsecured notes listed in the table below (the "Existing Notes"). As of 5:00 p.m., New York City time, on March 18, 2019 (the "Early Tender Date"), approximately $883.5 million aggregate principal amount, or approximately 59.7%, of [Read more]

Cimarex Energy Approves Dividend on Preferred Stock

DENVER, March 18, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock, which was issued to replace Resolute Energy Corporation's Cumulative Perpetual Preferred Stock, in connection with the March 1, 2019, closing of the merger.  The dividend is for the period beginning on January 16, 2019 and ending on April 15, 2019. About Cimarex [Read more]

Whitecap Resources Inc. Confirms Monthly Dividend for March of $0.027 Per Share

CALGARY, March 14, 2019 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.027 per common share in respect of March operations will be paid on April 15, 2019 to shareholders of record on March 31, 2019.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About WhitecapWhitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  We are focused on profitable per [Read more]

Pulse Oil Corp. Announces Spud of 1st Well of the Bigoray Drilling Program

CALGARY, March 11, 2019 /PRNewswire/ - Pulse Oil Corp.  ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is happy to announce that the Company has spudded the first of two new wells within Pulse's Bigoray assets (PUL 100% W.I.). The drilling of each well is expected to take approximately 18 days and Pulse will drill back to back from an existing well site which will become the site of Pulse's central EOR facility. If the wells are successful as anticipated, Pulse expects completion and [Read more]

Obsidian Energy Confirms Filing of Its 2018 Year-End Disclosure Documents

CALGARY, March 7, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2018 and related Management's Discussion and Analysis.  Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2018, which includes the disclosure and reports relating to reserves [Read more]

Obsidian Energy Appoints Michael Faust as Interim President and Chief Executive Officer

CALGARY, March 7, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced the appointment of Michael J. Faust as interim President and CEO, effective March 18, 2019 for a period of twelve months with an optional six-month extension. Mr. Faust will succeed current President and CEO, David French, who will step down from the Company effective March 29, 2019. Mr. French will not stand for reelection as a director at [Read more]

Crescent Point Announces 2018 Results and Reserves

CALGARY, March 7, 2019 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2018. KEY HIGHLIGHTS Over $400 million of excess cash flow expected to be available in 2019 for net debt repayment and additional share repurchases based on current strip prices. This amount excludes proceeds from any additional dispositions. Strong capital discipline with [Read more]