CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2018. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Consolidated Financial Statements together with the notes related thereto, as well as TransGlobe's Management's Discussion and Analysis for the three months periods ended March 31, 2018 [Read more]
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Delphi Energy Corp. Reports First Quarter 2018 Results
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended March 31, 2018. The first quarter of 2018 is characterized by several milestones. Successful delineation drilling into West Bigstone is driving field condensate production to record levels, with current condensate production up approximately 45 percent from one year ago. The recent integration of the Company’s [Read more]
Athabasca Oil Corporation Announces 2018 First Quarter Results
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 first quarter results and an operations update. The quarter marks continued operational success across both business units. Athabasca is uniquely positioned as a low-decline, oil-weighted producer with assets in the best plays in Western Canada (Montney, Duvernay and oil sands). The Company’s focus remains on margin growth and financial [Read more]
Freehold Royalties Ltd. Announces Continued Royalty Growth and First Quarter Results
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced first quarter results for the period ended March 31, 2018. Results at a Glance Three Months Ended March 31FINANCIAL ($000s, except as noted) 20182017ChangeRoyalty and other revenue 39,36641,091-4%Net income 4,4237,088-38%Per share, basic and diluted ($) 0.040.06-33%Funds from operations 32,38432,0691%Per share, basic ($) 0.270.27- Operating income [Read more]
Prairie Provident Announces First Quarter 2018 Financial and Operating Results
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three months ended March 31, 2018, and to provide an operational update. PPR’s consolidated financial statements (“Financial Statements”) and related Management's Discussion and Analysis (“MD&A”) for the three months ended March 31, 2018 are available on its website and filed on SEDAR. [Read more]
Gear Energy Ltd. Announces First Quarter 2018 Operating Results
CALGARY, May 9, 2018 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2018 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended (Cdn$ thousands, except per boe amounts) March 31, [Read more]
Yangarra Announces First Quarter 2018 Financial and Operating Results
CALGARY, May 9, 2018 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2018. First Quarter Highlights Production of 7,507 boe/d (59% liquids), an increase of 12% from the fourth quarter of 2017. Oil and gas sales were $29.7 million with funds flow from operations of $18.6 million ($0.22 per share - basic). Adjusted EBITDA (which excludes changes in derivative financial [Read more]
Birchcliff Energy Announces Solid First Quarter 2018 Results and Positive Oil Production Test Results From Gordondale and Condensate Production Test Results From Pouce Coupe
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce its financial and operational results for the first quarter of 2018. The full text of Birchcliff’s First Quarter 2018 Report containing the unaudited interim condensed financial statements for the three month period ended March 31, 2018 and the related management’s discussion and analysis will be available on Birchcliff’s website at www.birchcliffenergy.com and on SEDAR at [Read more]
Saskatchewan seeks intervener status in B.C. Trans Mountain pipeline case
REGINA - Saskatchewan is seeking intervener status in British Columbia's reference case over the flow of heavy oil through that province. Attorney General Don Morgan says Saskatchewan is dismayed that the Trans Mountain pipeline expansion continues to be held up by unreasonable delays. The case before the B.C. Court of Appeal asks whether amendments the B.C. government is proposing to the Environmental Management Act are valid. The case also asks whether B.C. has the authority to [Read more]
Enbridge Announces US$1.120 Billion Sale of U.S. Midstream Businesses
CALGARY, May 9, 2018 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced its indirect subsidiary, Enbridge (U.S.) Inc., has entered into a definitive agreement to sell Midcoast Operating, L.P. and its subsidiaries (Midcoast), which conducts the Company's U.S. natural gas and natural gas liquids (NGL) gathering, processing, transportation and marketing businesses, serving established basins in Texas, Oklahoma and Louisiana, to AL Midcoast Holdings, LLC (AL [Read more]