Cash Flow Up 34% From 68% Production Growth, Record Low Corporate Cash Costs and Hedging Gains Montney Land Holdings Increased (TSX: AAV, NYSE: AAV) CALGARY, Aug. 4, 2016 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report cash flow increased 34% to $36.9 million ($0.20/share) driven by a 68% increase in production to 210 mmcfe/d (35,048 boe/d), a 34% reduction in total corporate cash costs to $0.59/mcfe ($3.54/boe) and realized hedging gains of [Read more]
Headlines
Lightstream Announces Second Quarter 2016 Results
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces second quarter 2016 financial and operating results. Our financial statements and management's discussion and analysis for the quarter ended June 30, 2016 will be available on the system for electronic analysis and retrieval at www.sedar.com and on Lightstream's website at www.lightstreamresources.com. Three months ended June 30, Six months ended June [Read more]
Perpetual Energy Inc. Releases Second Quarter 2016 Financial and Operating Results
CALGARY, Aug. 4, 2016 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") reports its financial and operating results for the three and six months ended June 30, 2016. A complete copy of Perpetual's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2016 can be obtained through the Corporation's website at www.perpetualenergyinc.com and SEDAR at [Read more]
Pengrowth Delivers Strong Second Quarter Operational Performance and Continued Debt and Cost Reductions
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) Pengrowth's continued focus on all cost structures was clearly demonstrated with the second quarter results, where operating costs are now expected to come in approximately $65 million below guidance, year to date general and administrative (G&A) costs dropped by approximately $9.0 million year over year and transportation costs were also reduced. The impact of cost reduction efforts is [Read more]
RMP Energy Provides a Bank Facility and Operations Update and Announces a Strategic Review
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) today provides an update on its bank credit facility re-determination and its second quarter field operations. The Company also announces that it has closed the previously-announced purchase of assets in the Gold Creek area and that it has initiated a process to review strategic options with a view to maximizing the value of the Company's large Montney resource base. Strategic Discussion and [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Six Months-Ended June 30, 2016
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the six months-ended June 30, 2016. Financial and Operating Highlights Reported sales volumes for the second quarter of 2016 were lower at 20,299 Boe/d as compared to 22,786 Boe/d in the previous quarter. The decrease in production was attributed to the impact of shut-in production due to low natural gas prices (~ 1,200 Boe/d), forest [Read more]
Pembina Pipeline Corporation Reports Second Quarter 2016 Results
$1.5 billion of new assets into service so far this year, including recently completed strategic acquisition; record first half results All financial figures are in Canadian dollars unless noted otherwise. CALGARY, Aug. 4, 2016 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the second quarter of 2016. Financial Overview 3 Months Ended 6 Months [Read more]
Crew Energy Inc. Announces Second Quarter 2016 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2016, and an update on the Company's continued progress developing our world-class Montney assets in northeast British Columbia ("NE BC"). Crew's Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the three and six month periods ended June 30, [Read more]
Tourmaline achieves strong first half growth with a cash flow budget
CALGARY, Aug. 3, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the second quarter of 2016. Highlights First half 2016 average production of 190,820 boepd, within the full-year 2016 guidance range of 190,000-195,000 boepd and a 33% increase over 1H 2015. Record second quarter operating costs of $3.41/boe, down 17% from Q2 2015, and 8% from Q1 2016. Industry-leading cash financing costs of [Read more]
Whitecap Resources Inc. Announces Second Quarter 2016 Results
CALGARY, Aug. 4, 2016 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2016. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which are available at www.sedar.com and on our website at [Read more]