CALGARY, May 8, 2018 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2018. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2018 and 2017 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and to date are as follows: Achieved a production level of 10,117 boe/d in the first [Read more]
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Pine Cliff Energy Ltd. Announces First Quarter 2018 Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce the filing of its first quarter financial and operating results. Included in the filings were Pine Cliff's unaudited condensed consolidated interim financial statements and related management's discussion and analysis for the three months ended March 31, 2018 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the [Read more]
Surge Energy Inc. Announces First Quarter 2018 Results; Large Increase to Primary Credit Facility
CALGARY, May 8, 2018 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended March 31, 2018. Over the last seven financial quarters Surge has delivered consistent drilling results, production per share growth, and funds flow per share growth. This consistent track record continued in Q1 2018 with the following production and funds flow metrics, as well as the other highlights from the quarter. All production and [Read more]
AltaGas Ltd. and WGL Holdings, Inc. announce execution of settlement agreement with key stakeholders in Washington, D.C.
CALGARY, May 8, 2018 /CNW/ - Today, AltaGas Ltd. (AltaGas) (TSX:ALA) and WGL Holdings, Inc. (NYSE: WGL) (WGL) announced that they have signed a unanimous settlement agreement with the key stakeholders in the Washington, D.C. regulatory proceedings with respect to AltaGas' merger with WGL (the WGL Acquisition). Parties to the settlement include the Government of the District of Columbia, the Office of the People's Counsel, the Laborers' International Union of North America, its affiliated [Read more]
Gibson Energy Announces 2018 First Quarter Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX:GEI), announced today its operating and financial results for the three months ended March 31, 2018. Financial Highlights: Infrastructure segment profit of $69 million, a 15% increase over the first quarter of 2017, primarily due to additional tankage entering service at the beginning of 2018 under take-or-pay, stable fee-based contracts Segment profit from continuing operations of [Read more]
TORC Oil & Gas Ltd. Announces First Quarter 2018 Financial & Operating Results; Strategic Southeast Saskatchewan Acquisition; Increased 2018 Production Guidance & Increase to the Dividend
CALGARY, May 8, 2018 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month period ended March 31, 2018. The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the quarter ended March 31, 2018 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended (in thousands, except per [Read more]
Tourmaline delivers earnings of $129.6 million in Q1 2018 and announces Q2 2018 dividend increase
CALGARY, May 8, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2018. HIGHLIGHTS Q1 2018 cash flow(1) of $352.2 million ($1.30/diluted share) on EP capital spending of $280.2 million. As previously announced, the Company disposed of non-core assets for proceeds of $71.2 million. Free cash flow(2) of $136.1 million in the quarter. Q1 2018 exit net debt(3) down 7% from [Read more]
Bellatrix Exploration Ltd. Announces First Quarter 2018 Financial and Operating Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, "we", "us", "our" or the “Company”) (TSX:BXE) (NYSE:BXE) announces its financial and operating results for the first quarter ended March 31, 2018. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management’s Discussion and Analysis (the [Read more]
Peyto Announces Q1 2018 Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto” or the “Company") is pleased to present its operating and financial results for the first quarter of the 2018 fiscal year. A 74% operating margin (1) and a 24% profit margin (2) in the quarter delivered an annualized 11% return on equity (“ROE”) and 8% return on capital employed (“ROCE”). Additional highlights included: Earnings of $0.29/share, dividends of $0.18/share. Earnings of [Read more]
Keyera Corp. Announces 2018 First Quarter Results
CALGARY, May 8, 2018 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its first quarter 2018 financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera's website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera's website or Keyera's filings on SEDAR at www.sedar.com. HIGHLIGHTS Keyera delivered strong financial results in the first quarter of 2018 with adjusted [Read more]