CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three and nine months ended September 30, 2019. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended September 30 Nine Months Ended September 30 2019 2018 2019 2018 (000’s, except per share amounts) ($) ($) ($) ($) FINANCIAL Oil and natural [Read more]
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Delphi Energy Corp. Reports Third Quarter 2019 Results
CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended September 30, 2019. THIRD QUARTER 2019 HIGHLIGHTS Average production in the quarter of 8,386 barrels of oil equivalent per day (“boe/d”) was down twelve percent from the 9,514 boe/d in the comparative quarter of 2018. During the third quarter of 2019, the liquids yield averaged 117 barrels per million cubic [Read more]
Suncor Energy announces Lorraine Mitchelmore to join Board of Directors
CALGARY, Alberta , Nov. 06, 2019 (GLOBE NEWSWIRE) -- Suncor today announced the appointment of Lorraine Mitchelmore to the company’s board of directors. Ms. Mitchelmore’s appointment is effective Nov. 6, 2019. “I’m delighted that Lorraine is joining Suncor’s board of directors,” said Suncor board chair, Michael Wilson. “Lorraine brings over 30 years of international oil and gas industry experience. She has deep expertise in risk management, business strategy, operations and employee health [Read more]
DXI Energy Inc. Receives Consent of Shareholders to Complete Unit Offering
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), is pleased to announce that in connection with a Unit Offering (the "Offering") in progress and in accordance with the Toronto Stock Exchange ("TSX") rules, the Company obtained the approval, by way of written consent, from its shareholders, which currently holds 114,765,669 shares representing 53% of the issued and outstanding shares of the Company, on a [Read more]
Peyto Announces Q3 2019 Results
CALGARY, Alberta , Nov. 06, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the third quarter of the 2019 fiscal year. A 64% Operating Margin(1) and a 6% Profit Margin(2) in the quarter, delivered a 4% return on capital employed (ROCE) and a 9% return on equity (ROE), on a trailing twelve month basis. Additional highlights included: Condensate and C5+ production up 17%. Condensate [Read more]
Bonterra Energy Corp. Announces Third Quarter 2019 Financial and Operational Results
CALGARY, Nov. 6, 2019 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") today announces its operating and financial results as at and for the three and nine months ended September 30, 2019. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis ("MD&A"), are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS Three months [Read more]
Tourmaline’s Free Cash Flow Generation Continues and Capital Efficiencies Improve
CALGARY, Nov. 6, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the third quarter of 2019. HIGHLIGHTS Record average Q3 oil, condensate and NGL production of 55,833 bpd, up 23% from the same quarter in 2018 and 7% from Q2 2019. Average September total liquids production of 60,138 bpd is on track with the full-year average. Q3 average production of 289,578 boepd, including impact of Q3 [Read more]
Tamarack Valley Energy Ltd. Announces Positive Waterflood Results and 2019 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 6, 2019) - Tamarack Valley Energy Ltd. (TSX: TVE) ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2019 and related management's [Read more]
Manitoba premier to talk pipelines, flood protection and more with prime minister
WINNIPEG - Manitoba Premier Brian Pallister says he hopes to discuss pipelines, flood protection and other issues during a one-hour meeting Friday with Prime Minister Justin Trudeau. Pallister says Trudeau could help unify the country by ensuring the Trans Mountain pipeline expansion gets built to allow Alberta oil to get coastal access to overseas markets. The premier says suicide rates among young men in Alberta due to economic uncertainty are through the roof and their concerns cannot [Read more]
Gear Energy Ltd. announces third quarter 2019 operating results
CALGARY, Nov. 6, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following third quarter operating update to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2019 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Nine months ended (Cdn$ [Read more]