CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, "we", "us", "our" or the “Company”) (TSX, NYSE: BXE) announces its financial and operating results for the three and nine months ended September 30, 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 [Read more]
Headlines
Advantage Announces Record Third Quarter 2018 & Three Year Plan to Accelerate Glacier / Pipestone Area Condensate & Light Oil Growth
CALGARY, Nov. 1, 2018 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce strong third quarter 2018 results which included record production of 45,611 boe/d (273.7 mmcfe/d), up 29% from the second quarter of 2018 and up 20% from the same period in 2017. Liquids production increased 69% to a record 1,804 bbls/d compared to the second quarter of 2018, up 29% from the same period of 2017. Advantage exited the third quarter of 2018 with liquids production [Read more]
Cardinal Energy Ltd. Announces Third Quarter 2018 Results
CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2018. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2018, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website [Read more]
TransCanada Reports Record Third Quarter Financial Results
Funding Complete for 2018 Capital Program CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced net income attributable to common shares for third quarter 2018 of $928 million or $1.02 per share compared to net income of $612 million or $0.70 per share for the same period in 2017. Comparable earnings for third quarter 2018 were $902 million or $1.00 per share compared to $614 million or $0.70 per share for the [Read more]
Bonavista Energy Corporation Announces 2018 Third Quarter Results
CALGARY, Nov. 1, 2018 /CNW/ - Bonavista Energy Corporation ("Bonavista") is pleased to report to shareholders its financial and operating results for the three and nine months ended September 30, 2018. We have maintained quarterly production at 68,036 boe per day, while spending only 61% of adjusted funds flow. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") [Read more]
Delphi Energy Announces Expanded Capital Program for Development of Its Liquids-Rich West Bigstone Property
CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce it is expanding its 2018 drilling program by approximately $15 million at the Company’s West Bigstone Montney property. The expanded capital program follows up on successful delineation drilling conducted in 2017 and the first half of 2018 which confirmed the liquids-rich, high productivity nature of the western portion of the greater Bigstone Montney area, as demonstrated [Read more]
Pembina Pipeline Corporation Extends Secured Growth with $1.3 Billion of New Integrated Infrastructure Development
(All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") which is a financial measure that is not defined by Generally Accepted Accounting Principles ("GAAP"). For more information about Adjusted EBITDA, see "Non-GAAP Measures" herein.) CALGARY, Nov. 1, 2018 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) [Read more]
Advantage Announces Executive Appointment – Chief Operating Officer
CALGARY, Nov. 1, 2018 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the appointment of Mr. Michael Belenkie to the position of Chief Operating Officer. Mr. Belenkie has over 20 years of experience in the oil and gas industry in a variety of senior management roles which included a diversity of both technical and high level business positions. Mike holds a Mechanical Engineering degree and his work experience includes major producers and [Read more]
Service sector predicts Canadian drilling activity will fall even more in 2019
CALGARY - The Petroleum Services Association of Canada is predicting more pain for the oil and gas sector next year. It predicts a total of 6,600 wells will be drilled in Canada in 2019, down about five per cent from an expected 6,980 wells this year, adding that translates to a year-over-year decrease of up to $1.8 billion in capital spending by exploration and production companies. Outgoing association chief executive Tom Whalen says the oilfield services sector in Canada is headed for a [Read more]
AER says $260-billion energy cleanup estimate based on ‘worst-case’ scenario
CALGARY - The Alberta Energy Regulator is apologizing for estimating it would cost $260 billion to clean up after the provincial oil and gas industry. The sector's accumulated environmental liability is currently estimated at $58.65 billion, less than one quarter of the presented number, it said in a statement Thursday. "The numbers are staggering — $260 billion in total liability, which is $200 billion more than we have consistently reported," it stated. "This particular estimate was [Read more]