CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to announce its third quarter 2018 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended September 30, 2018 which are available on SEDAR at www.sedar.com and the [Read more]
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Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2018
CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the three and nine months ended September 30, 2018. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise [Read more]
Delphi Energy Corp. Announces Close of $15 Million Note Financing
CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that it has closed its previously announced financing comprised of the sale of 15,000 senior secured notes (the “Notes”), each with a principal amount of $1,000 and a 10 percent coupon, for gross proceeds of approximately $15.0 million. The Notes were sold, on a private placement basis, to Luminus Management, LLC (“Luminus”) and are subject to a statutory hold period of [Read more]
Altura Energy Inc. Announces Third Quarter 2018 Results, Material Operating Cost Reduction and Record Corporate Production
CALGARY, Alberta, Nov. 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 nine months ended September 30, 2018. The unaudited interim condensed consolidated financial statements, and related management’s discussion and analysis ("MD&A") will be available at www.sedar.com and www.alturaenergy.ca. Selected financial and operating information for the three and nine months [Read more]
Questerre Energy Corporation: Kakwa North well tests at 2,900 boe/d
CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the test results from its Kakwa North acreage. The operator recently completed the first well, 103/16-29-063-6W6M well (the "103/16-29 Well"), with a 3000m horizontal leg in the Montney Formation. During the last 24 hours of a 210-hour production test, the 103/16-29 Well flowed at an average rate of 11.6 MMcf/d of natural gas and 990 bbls/d of [Read more]
U.S. judge blocks construction of $10-billion Keystone XL pipeline
A US federal Judge ordered a halt of construction of the Keystone XL pipeline until the U.S. State Department completes a supplement to a 2014 environmental impact statement that complies with the National Environmental Policy Act and the Administrative Procedure Act. U.S. President Donald Trump approved a permit for the pipeline in January 2017, reversing a 2015 veto of the project by Barack Obama. Keystone would carry 830,000 barrels of crude a day from Alberta to Gulf Coast [Read more]
Petrus Resources Announces Third Quarter 2018 Financial & Operating Results
CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) is pleased to report financial and operating results for the third quarter of 2018. The Company's Management's Discussion and Analysis ("MD&A") and interim consolidated financial statements dated as at and for the period ended September 30, 2018 are available on SEDAR (the System for Electronic Document Analysis and Retrieval) at www.sedar.com. In response to the commodity price outlook for [Read more]
Chinook Energy Inc. Announces Third Quarter 2018 Results
CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Chinook Energy Inc. ("our", "we", or "us") (TSX: CKE) is pleased to announce its third quarter of 2018 financial and operating results. Our operational and financial highlights for the three and nine months ended September 30, 2018 are noted below and should be read in conjunction with our unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2018 and 2017 and our related management’s [Read more]
Operations suspended after chain falls near workers on N.S. offshore drill rig
HALIFAX - Operations of some non-producing wells at the Sable Offshore Energy Project have been suspended after an accident on a drilling rig involved in decommissioning wells off Nova Scotia. A news release Thursday from the Canada-Nova Scotia Offshore Petroleum Board reported a near miss on Nov. 5 after a chain dropped on the Noble Regina Allen rig. The safety officer with the regulator confirmed that a 15-metre chain, along with a swivel and shackle with a combined weight of [Read more]
Inter Pipeline Announces Record Quarterly Financial and Operating Results
CALGARY, Nov. 8, 2018 /CNW/ - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) today announced record financial and operating results for the three and nine month periods ended September 30, 2018. Third Quarter Highlights Funds from operations (FFO) totalled a quarterly record of $300 million, an 11 percent increase over third quarter 2017 NGL processing business generated quarterly record FFO of $135 million Net income for the quarter was a record $169 million, a 19 percent [Read more]