CALGARY, May 7, 2019 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2019. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2019 and 2018 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and year-to-date are as follows: Achieved a production level of 9,330 boe/d in the [Read more]
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Delphi Energy Corp. Reports First Quarter 2019 Results
CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended March 31, 2019 and to provide an operations update. FIRST QUARTER 2019 HIGHLIGHTS Successfully concluded drilling operations on the Company’s first four-well Montney pad by drilling the last well (0.65 net) on the pad, and completed fracturing operations, with the wells now being brought on production; [Read more]
Cardinal Energy Ltd. Announces First Quarter 2019 Results
CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the quarter ended March 31, 2019. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended March 31, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website at [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location May. 7 Business Support Professional - Spanish ExxonMobil Business Support Centre Canada ULC (EMBSCC) Moncton May. 7 Lead Gas Plant Operator Canlin Energy [Read more]
US raises forecast for summer gasoline prices
Gasoline for that summer road trip will cost a bit more than experts in the federal government were expecting just a month ago. The government is also predicting higher prices for crude oil despite an increase in U.S. production. That's because global demand is rising faster than previously expected. The Energy Information Administration on Tuesday estimated that the U.S. will pump a record 12.45 million barrels of oil a day this year and that will rise again to 13.38 million barrels a day [Read more]
Peyto Exploration & Development Corp. Announces Q1 2019 Results
CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the first quarter of the 2019 fiscal year. A 68% Operating Margin(1) and a 16% Profit Margin(2) in the quarter delivered a 6% return on capital employed (ROCE) and a 6% return on equity (ROE), on a trailing twelve month basis. Additional highlights included: Liquids yield increases 31%. Condensate and NGL [Read more]
Freehold Royalties Ltd. Announces First Quarter Results
CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced first quarter results for the period ended March 31, 2019. RESULTS AT A GLANCE Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2019 2018 Change Royalty and other revenue 35,609 39,157 -9 % Net Income (loss) (7,079 ) 4,423 -260 % Per share, basic and diluted ($) (0.06 ) 0.04 -250 % Funds from [Read more]
TORC Oil & Gas Ltd. Announces First Quarter 2019 Financial & Operating Results; Increase to 2019 Production Guidance and Increase to the Dividend
CALGARY, May 7, 2019 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three months ended March 31, 2019. The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the quarter ended March 31, 2019 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended (in thousands, except per share [Read more]
B.C. premier asks utilities commission to probe high price of gasoline
VICTORIA - Premier John Horgan has asked the British Columbia Utilities Commission to investigate why gasoline in Metro Vancouver and Vancouver Island is so much more expensive than the rest of the country. A statement from the premier's office says Horgan spoke with Prime Minister Justin Trudeau on Monday and brought up his concerns, making it clear that gas hovering around $1.70 a litre is of national importance. Horgan's request to the utilities commission on Tuesday asks that it [Read more]
Enbridge seeking at least 8-year oil shipping commitments on Canada Mainline, worrying small producers
WINNIPEG, Manitoba/CALGARY, Alberta, May 7 (Reuters) - Enbridge is asking oil shippers to sign at least eight-year contracts to move crude on its Mainline pipeline network, as it proposes to shift away from a monthly allocation system, people with knowledge of the matter told Reuters. The minimum term Enbridge Inc is seeking, previously unreported, is raising fears among small Canadian producers that they will lose out to bigger players, at a time when pipeline congestion has damaged the [Read more]