CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and six months ended June 30, 2018. InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2018 will be available on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and our [Read more]
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Enerplus Announces Second Quarter 2018 Results
CALGARY, Aug. 10, 2018 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) is pleased to announce second quarter 2018 operating and financial results. The Company reported second quarter 2018 net income of $12.4 million or $0.05 per share. For the first six months of 2018, net income was $42.0 million, or $0.17 per share. HIGHLIGHTS Company production of 92,883 BOE per day in the second quarter Company liquids production was up 21% [Read more]
Altura Energy Inc. Announces Second Quarter 2018 Results, Operational Update and Two Leduc-Woodbend Light Oil Acquisitions
CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) is pleased to announce its financial and operating results for the three and six months ended June 30, 2018 and an operational update on its eight-well drilling program in the Corporation’s Upper Mannville oil play at Leduc-Woodbend ("LWB"). In addition, the Corporation has closed an agreement (the "First Transaction") to acquire highly prospective Upper Mannville lands at LWB [Read more]
NuVista Announces Acquisition of Premium Pipestone Asset, $419 Million Equity Offering and Growth Plan to Over 110,000 Boe/d
CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce that it has entered into an agreement to acquire Cenovus Pipestone Partnership which holds assets in the Pipestone area of Northwest Alberta (the “Acquired Business”) for $625 million (the "Acquisition") before closing adjustments. The assets of the Acquired Business are situated primarily in the premium core of the condensate-rich Alberta Triassic Montney [Read more]
Chinook Energy Inc. Announces Second Quarter 2018 Results
CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX: CKE) is pleased to announce its second quarter of 2018 financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2018 are noted below and should be read in conjunction with our unaudited condensed consolidated financial statements for the three and six months ended June 30, 2018 and 2017 and our related management’s discussion and [Read more]
Cenovus reaches agreement to sell Pipestone business for $625 million
CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and one of its subsidiaries have entered into an agreement to sell the general partnership that holds the Pipestone and Wembley natural gas and liquids business in northwestern Alberta (the “Pipestone Business”) for cash proceeds of $625 million. The transaction also includes the Pipestone Business’s 39% operated working interest in the Wembley gas plant. The sale is expected to close in the third [Read more]
Inter Pipeline Announces Strong Second Quarter 2018 Financial and Operating Results
CALGARY, Aug. 9, 2018 /CNW/ - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) today announced strong financial and operating results for the three and six month periods ended June 30, 2018. Second Quarter Highlights Funds from operations (FFO) totalled $262 million, a 26 percent increase over second quarter 2017 Net income for the quarter was $136 million Declared cash dividends of $162 million, or $0.42 per share Attractive quarterly payout ratio of 62 percent [Read more]
Canadian government not considering retaliation against Saudis, says Morneau
OTTAWA - The federal government has no plans to launch retaliatory economic measures against Saudi Arabia, Finance Minister Bill Morneau said Thursday in the wake of a series of actions taken by the Middle Eastern kingdom as it seeks to punish Canada in a still-unfolding diplomatic feud. In recent days, Riyadh suspended diplomatic ties with Canada, expelled the Canadian ambassador and recalled its own envoy to Ottawa after Foreign Affairs Minister Chrystia Freeland and her department [Read more]
Delphi Energy Corp. Reports Second Quarter 2018 Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended June 30, 2018. Second Quarter 2018 Highlights Produced 10,623 barrels of oil equivalent per day (“boe/d”) in the second quarter of 2018, a twelve percent increase from the 9,515 boe/d in the first quarter of 2018; Tied-in and brought on production three (1.95 net) Montney wells in Bigstone; [Read more]
Baytex and Raging River Announce Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Shareholders Vote for the Strategic Combination
CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) and Raging River Exploration Inc. (“Raging River”)(TSX: RRX) are pleased to announce that two leading independent proxy advisory firms that provide voting recommendations to institutional investors, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have each recommended that shareholders vote in favour of the proposed plan of arrangement (the “Arrangement”) [Read more]