Demonstrates Capital Discipline Will receive $1 billion cash termination fee Increasing share repurchase rate by 25 percent to $5 billion per year Committed to its advantaged portfolio and long-term value proposition SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day [Read more]
Headlines
Changes to the Canadian Environmental Emergency Regulations – Are You Required to Comply?
On March 6th, 2019 the Canada Gazette published a significant revision of the Canadian Environmental Protection Act’s Environmental Emergency Regulations (EER SOR 2003-307), requiring any entity managing hazardous substances over prescribed limits to prepare, test, file, and communicate to the public an emergency management plan. Based on current regulated parties, approximately five thousand Canadian businesses will be subject to CEPA’s revised regulations. In this 30-minute webinar, our [Read more]
InPlay Oil Corp. Announces First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three months ended March 31, 2019. InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2019 will be available on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and our website [Read more]
Athabasca Oil Corporation Announces 2019 First Quarter Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report strong operational and financial performance in the first quarter of 2019. With its resilient business model, the Company is well positioned to generate free cash flow in 2019 and beyond. 2019 First Quarter Highlights Consolidated Quarterly Results Production of 39,206 boe/d (86% liquids) Operating income of $76 million (excluding hedging) [Read more]
Granite Oil Corp. Reports First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2019. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended March 31, 2019 2018 (000s, except per share amounts) ($) ($) FINANCIAL Oil and natural gas revenues 9,296 10,675 Cash flow from (used in) [Read more]
Prairie Provident Announces First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce our operating and financial results for the three months ended March 31, 2019. PPR’s consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2019 are available on our website at www.ppr.ca and filed on SEDAR. FIRST QUARTER 2019 [Read more]
Bellatrix Announces Deregistration With the United States Securities and Exchange Commission and Filing of Form 15F
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) today announces that it plans to file a Form 15F with the United States Securities and Exchange Commission (the "Commission" or "SEC") to voluntarily terminate the registration of its common shares and its reporting obligations under Section 13(a) and Section 15(d) of the United States Securities Exchange Act of 1934 ("Exchange Act"). Bellatrix’s Exchange Act reporting [Read more]
Tourmaline Realizes Record Production and Increases Dividend
CALGARY, May 8, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the first quarter of 2019. HIGHLIGHTS Q1 2019 production averaged 293,434 boepd, a 9% increase over Q1 2018 and a 6% increase over the prior quarter. March 2019 production averaged 301,336 boepd. Q1 2019 cash flow(1) was $419.2 million ($1.54/fully-diluted share) compared to Q1 2019 capital spending of $384.4 million. Q1 2019 net [Read more]
Pro-pipeline protesters chant outside natural resources minister announcement
CALGARY - Hundreds of pro-pipeline protesters rallied outside a Calgary office tower during a clean energy announcement by federal Natural Resources Minister Amarjeet Sohi. The protest by the group Canada Action attracted about 300 people who chanted "build that pipe" and carried signs that called on the federal government to kill Bill C-69. The legislation would repeal the Canadian Environmental Assessment Act and retire the National Energy Board. It would leave the Impact Assessment [Read more]
PrairieSky Receives TSX Approval for Renewed Normal Course Issuer Bid
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of PrairieSky's intention to commence a normal course issuer bid (the "NCIB"). PrairieSky previously purchased an aggregate of 1,750,000 common shares at a weighted average price per share of $22.12 under a normal course issuer bid that ran between May 4, 2018 and May 3, 2019. On April 22, [Read more]