CALGARY, May 10, 2019 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) today reported its first quarter 2019 operating and financial results. First quarter 2019 cash flow from operating activities was $109.0 million and adjusted funds flow was $168.8 million. First quarter net income was $19.2 million, or $0.08 per share, and adjusted net income was $72.5 million, or $0.30 per share.HIGHLIGHTSStrong pricing in the Bakken and Marcellus helped drive first quarter [Read more]
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Eagle Energy Inc. Announces First Quarter 2019 Results and Confirms Annual Meeting Date
CALGARY, May 9, 2019 /CNW/ - (TSX: EGL): Eagle Energy Inc. ("Eagle") today reports its financial and operating results for the quarter ended March 31, 2019. As a reminder, Eagle's annual meeting will be held on June 18, 2019 at 9:00 a.m. at Altius Centre, 2nd Floor, 500 - 4 Avenue SW, Calgary for shareholders of record on May 7, 2019.When reflecting on Eagle's first quarter, Wayne Wisniewski, President and Chief Executive Officer, stated, "We are fortunate in that WTI has increased and Canadian [Read more]
First Nation tells court it should have been consulted after artifacts found
HOUSTON, B.C. - Members of a northern British Columbia First Nation are arguing in court that they should have been consulted on an archaeological mitigation plan prepared by a natural gas company on their traditional territory.The Unist'ot'en house group of the Wet'suwet'en First Nation and hereditary chief Knedebeas filed an application for judicial review in B.C. Supreme Court on Tuesday.It challenges the decision of the B.C. Oil and Gas Commission and provincial Archaeology Branch to accept [Read more]
Harvest Operations Corp. Reports Q1 2019 Results
CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) -- Harvest Operations Corp. (“Harvest” or the “Company”) announced its financial and operating results for the first quarter ended March 31, 2019.This press release is an overview of the first quarter results for 2019 and should be read with the unaudited condensed interim financial statements and Management’s Discussion and Analysis (MD&A) for the first quarter ended March 31, 2019 available on the System for Electronic Document Analysis and [Read more]
Occidental to Acquire Anadarko
Creates a $100+ Billion Global Energy Leader with 1.3 Million Boe/d of Production to Drive Significant Value and Returns for Occidental and Anadarko ShareholdersExpected to Be Accretive to Cash Flow and Free Cash Flow Year-One, and Deliver $3.5 Billion of Free Cash Flow Improvement through $2.0 Billion of Annual Cost Synergies and $1.5 Billion of Annual Capital ReductionsHOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) today entered into a [Read more]
Pieridae Comments on Recent Trading and Maintains Momentum for Goldboro LNG Project
Key Milestones Achieved Still in PlaceCALGARY, Alberta , May 09, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (Pieridae or the Corporation) (TSXV: PEA) In light of the recent share price decline, Pieridae would like to confirm that there have been no material adverse changes in its business. As Pieridae’s management does not believe the current trading price of the Corporation’s shares properly reflects the inherent value of the Corporation’s investments, management reiterates that key [Read more]
Kinder Morgan Canada Limited Concludes Strategic Review
CALGARY, May 9, 2019 /CNW/ - The Kinder Morgan Canada Limited (TSX: KML) board of directors today issued the following statement:Following the Trans Mountain sale, KML announced that it would undertake a strategic review of the company to determine a course of action that maximizes value to all KML shareholders. The options evaluated included, among others, continuing to operate as a standalone enterprise, a disposition by sale, and a strategic combination with another company.After a [Read more]
Cequence Energy Announces First Quarter Financial Results
CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three months ended March 31, 2019. The Company’s Management’s Discussion and Analysis (“MD&A”) and Condensed Consolidated Interim Financial Statements are available at cequence-energy.com and on SEDAR at www.sedar.com.HIGHLIGHTSFunds flow from operations(1) was $5.4 million for the three months ended March 31, [Read more]
Chinook Energy Inc. Announces First Quarter of 2019 Operating and Financial Results
CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX: CKE) is pleased to announce our operating and financial results for the three months ended March 31, 2019 (“Q119”). Our unaudited condensed consolidated financial statements and management’s discussion and analysis for the three months ended March 31, 2019 are available on our website (www.chinookenergyinc.com) and filed on SEDAR (www.sedar.com).Q119 HighlightsAdditional Q119 egress: We obtained [Read more]
Tamarack Valley Energy Ltd. Announces 2019 First Quarter Results
TSX: TVE - CALGARY, May 9, 2019 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 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 months ended March 31, 2019 and related management's discussion and analysis ("MD&A") which are available [Read more]