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Headlines
Petrus Resources Announces First Quarter 2019 Financial & Operating Results
CALGARY, Alberta, May 06, 2019 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results for the first quarter of 2019. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting light oil and liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations in order to maximize the Company's return on [Read more]
Bonterra Energy Corp. Announces First Quarter 2019 Financial and Operational Results
CALGARY, May 6, 2019 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results as at and for the three months ended March 31, 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 As at and for the three [Read more]
Surge Energy Inc. Announces 2019 First Quarter Results; Record Production
CALGARY, May 6, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its operating and financial results for the quarter ended March 31, 2019. MESSAGE TO THE SHAREHOLDERS Q1/19 was a solid "recovery" quarter for Surge, as the extremely weak Q4/18 Canadian crude oil pricing fundamentals quickly turned positive during the period. With crude oil prices averaging US $54.90 per bbl, Surge's cash flow from operating activities increased eight percent as [Read more]
Connacher Oil and Gas Limited Announces Amended and Restated Support Agreement with Consenting First Lien Lenders and CCAA Plan of Compromise and Arrangement
CALGARY, May 6, 2019 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") is pleased to announce that it has entered into an Amended and Restated Support Agreement (the "Amended and Restated Support Agreement") with certain first lien lenders (the "Consenting First Lien Lenders") holding in excess of 75% of the principal amount of debt outstanding under the First Lien Credit Agreement dated as of May 23, 2014 (as amended) (the "First Lien Credit Agreement") and Wilmington Trust, [Read more]
MEG Energy reports strong adjusted funds flow in first quarter 2019
All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY, May 6, 2019 /CNW/ - MEG Energy Corp. ("MEG") reported its first quarter 2019 operational and financial results. Highlights include: Bitumen production volumes of 87,113 barrels per day (bbls/d) at a steam-oil-ratio (SOR) of 2.2, reflecting continued Alberta-wide mandated curtailments on MEG's production capacity of 100,000 bbls/d; Delivery of 31% of sales volumes to the U.S. Gulf Coast ("USGC") market [Read more]
Gibson Energy Announces 2019 First Quarter Results
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 06, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today its financial and operating results for the three months ended March 31, 2019. “Gibson delivered strong, consistent financial and operational results in the first quarter, with Infrastructure benefiting from 1.1 million barrels of new tankage at Hardisty as well as the Viking Pipeline entering service [Read more]
John Robson: Right man, wrong job
Nice to see that my old friend Mark Cameron has a deputy ministerial job with Jason Kenney. Hi Mark. Now I wonder if I can get you fired for your views on carbon taxes. Well, not fired exactly. More like transferred to a job where your abundant talents can be useful and you can't do harm on the climate file. Possibly in a different province. I try to wish nobody ill. But Mark is in the rally-round-the-white-flag camp on climate. He's been pushing hard for carbon taxes as (a) the most [Read more]
Arctic nations to meet amid tensions over environment, resources
Top diplomats from the United States, Russia and other nations which border the Arctic meet in Finland on Monday to discuss policies governing the polar region, as tensions grow over how to deal with global warming and access to mineral wealth.Countries have been scrambling to claim territory or, like China, boost their presence in the region as thawing ice raises the possibility of exploiting much of the world's remaining undiscovered reserves of oil and gas, plus huge deposits of minerals [Read more]
TransCanada Corporation announces shareholder approval of corporate name change and 2019 annual and special meeting Board of Directors election results
CALGARY, Alberta, May 03, 2019 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced that shareholders representing approximately 99.55% per cent of votes cast approved a special resolution authorizing the Company to amend its articles to change its name to: TC Energy Corporation Corporation TC Énergie The common shares of the Company will continue to trade on the Toronto Stock Exchange (TSX) and the New York Stock Exchange [Read more]