CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three months ended March 31, 2018, and to provide an operational update. PPR’s consolidated financial statements (“Financial Statements”) and related Management's Discussion and Analysis (“MD&A”) for the three months ended March 31, 2018 are available on its website and filed on SEDAR. [Read more]
Headlines
Gear Energy Ltd. Announces First Quarter 2018 Operating Results
CALGARY, May 9, 2018 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2018 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended (Cdn$ thousands, except per boe amounts) March 31, [Read more]
Yangarra Announces First Quarter 2018 Financial and Operating Results
CALGARY, May 9, 2018 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2018. First Quarter Highlights Production of 7,507 boe/d (59% liquids), an increase of 12% from the fourth quarter of 2017. Oil and gas sales were $29.7 million with funds flow from operations of $18.6 million ($0.22 per share - basic). Adjusted EBITDA (which excludes changes in derivative financial [Read more]
Birchcliff Energy Announces Solid First Quarter 2018 Results and Positive Oil Production Test Results From Gordondale and Condensate Production Test Results From Pouce Coupe
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce its financial and operational results for the first quarter of 2018. The full text of Birchcliff’s First Quarter 2018 Report containing the unaudited interim condensed financial statements for the three month period ended March 31, 2018 and the related management’s discussion and analysis will be available on Birchcliff’s website at www.birchcliffenergy.com and on SEDAR at [Read more]
Saskatchewan seeks intervener status in B.C. Trans Mountain pipeline case
REGINA - Saskatchewan is seeking intervener status in British Columbia's reference case over the flow of heavy oil through that province. Attorney General Don Morgan says Saskatchewan is dismayed that the Trans Mountain pipeline expansion continues to be held up by unreasonable delays. The case before the B.C. Court of Appeal asks whether amendments the B.C. government is proposing to the Environmental Management Act are valid. The case also asks whether B.C. has the authority to [Read more]
Enbridge Announces US$1.120 Billion Sale of U.S. Midstream Businesses
CALGARY, May 9, 2018 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced its indirect subsidiary, Enbridge (U.S.) Inc., has entered into a definitive agreement to sell Midcoast Operating, L.P. and its subsidiaries (Midcoast), which conducts the Company's U.S. natural gas and natural gas liquids (NGL) gathering, processing, transportation and marketing businesses, serving established basins in Texas, Oklahoma and Louisiana, to AL Midcoast Holdings, LLC (AL [Read more]
Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2018
CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the three months ended March 31, 2018. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31(CA$ thousands, except as otherwise indicated)2018 2017 %Petroleum and natural gas revenue, before royalties 89,993 60,225 49Cash provided by operating activities 53,663 [Read more]
Day 2 Live Now- Click to Attend Canada’s 1st Virtual Oil and Gas Expo
In Partnership With Shell International Attend For Free Now! Don’t miss out on attending the most accessible oil and gas expo in the world. All you need is computer, tablet, or phone. To attend simply pre-register yourself as an attendee and click to login using your email! Attend For Free Now! Yesterdays attendance totaled over 1900 unique visitors from across Canada and the world! A very big thank you to our partners Shell International, BOE Report, Riggertalk.com, [Read more]
Op Ed: With regards to Trans Mountain, what’s going on?
On April 15, 2018 the Prime Minister hosted a trilateral, closed-door meeting between himself, the Premier of British Columbia, John Horgan, and our Premier, Rachel Notley, to hash out some sort of way to move forward on the Trans Mountain Pipeline. This was a significant moment for Canada (Prime Ministers rarely call meetings to resolve disputes amongst provinces), and Albertans expected something significant to emerge from this meeting (construction of the Trans Mountain pipeline is critical [Read more]
Enbridge to Sell 49 Percent of its Interests in Select Renewable Power Assets for $1.75 Billion
CALGARY, May 9, 2018 /CNW/ - Enbridge Inc. (TSX, NYSE: ENB) (Enbridge or the Company) has entered into agreements with the Canada Pension Plan Investment Board (CPPIB) to monetize a 49 percent interest in select North American onshore renewable power assets, as well as 49 percent of Enbridge's interests in two German offshore wind projects (Hohe See, and related expansion) through a newly created joint venture with CPPIB, for approximately CAD$1.75 billion. The assets being contributed by [Read more]