CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) is pleased to announce its operating and financial results as at and for the three months ended March 31, 2018. The related unaudited condensed financial statements and notes, as well as management’s discussion and analysis (“MD&A”), are available on SEDAR at www.sedar.com and on Bonterra’s website at www.bonterraenergy.com. HIGHLIGHTS As at [Read more]
Headlines
PNG Exchange New Properties & Equipment Listings
PNG Exchange New Properties Heritage Resource LP – Palliser Block Prospects (SE Alberta) Journey Energy Inc. – Pembina Keystone Cardium Unit #1, Berrymoor & Telfordville, Niton Forge Oil & Gas Limited – Countess Pekisko Revive Freehold – Gainsborough, SK For property details visit pngexchange.com PNG Exchange Ltd. | 403 462 8057 | info@pngexchange.com PNG Equipment New Listings - 600 HP Compressor, Ariel JGE/2 – 2 stage with Electric Driver, Price: $200,000 [Read more]
Paramount Resources Ltd. Reports First Quarter 2018 Results
CALGARY, May 9, 2018 /CNW/ - OIL AND GAS OPERATIONS Paramount's sales volumes averaged 92,203 Boe/d in the first quarter of 2018 compared to 16,163 Boe/d in the first quarter of 2017. Third-party outages, due to unscheduled downtime and extremely cold weather conditions, impacted production by approximately 6,000 Boe/d in the quarter. Montney wells at Karr are maintaining higher condensate rates for longer periods after initial start-up. To maximize cash flows, the Company is [Read more]
3D Soil Confinement System Repairs Eroded Dikes Protecting LNG Storage Tanks
Client: Energy Provider in Northeast United States Project Challenge: Repair 9,300 sm (100,000 sf) of eroding primary and secondary dikes around a Liquid Natural Gas (LNG) storage tank. The original asphalt cover had deteriorated along the face of the dike largely due to expansion and contraction issues. A slope adjacent to an access roadway also showed significant degradation caused by water penetration through pavement cracks. The tank holds LNG that expands to one billion cubic feet [Read more]
New Oil & Gas Company Seeking Alberta Oil Opportunities
A new private company with existing operations is seeking prospects for acquisition. Looking for under 1,000 barrel a day operations in central or southern Alberta. The company is prepared to farm-in on or purchase quality assets or companies. Interested parties please send and e-mail to southernalbertaoil@gmail.com and the company information will be provided. [Read more]
NuVista Energy Ltd. Announces First Quarter 2018 Financial and Operating Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce results for the three months ended March 31, 2018 and provide an update on our future business plans. This has been another successful quarter for NuVista, with key operational advancements, the favorable placement of senior unsecured notes and the renewal of our credit facility. It was also a quarter where despite industry headwinds, we have seen improvement in [Read more]
Journey Energy Inc. Reports First Quarter 2018 Results, Announces a Significant Pool Extension in Matziwin, and Updates Activity on Its East Duvernay Resource Play
CALGARY, May 8, 2018 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2018. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2018 and 2017 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and to date are as follows: Achieved a production level of 10,117 boe/d in the first [Read more]
Pine Cliff Energy Ltd. Announces First Quarter 2018 Results
CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce the filing of its first quarter financial and operating results. Included in the filings were Pine Cliff's unaudited condensed consolidated interim financial statements and related management's discussion and analysis for the three months ended March 31, 2018 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the [Read more]
Surge Energy Inc. Announces First Quarter 2018 Results; Large Increase to Primary Credit Facility
CALGARY, May 8, 2018 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended March 31, 2018. Over the last seven financial quarters Surge has delivered consistent drilling results, production per share growth, and funds flow per share growth. This consistent track record continued in Q1 2018 with the following production and funds flow metrics, as well as the other highlights from the quarter. All production and [Read more]
AltaGas Ltd. and WGL Holdings, Inc. announce execution of settlement agreement with key stakeholders in Washington, D.C.
CALGARY, May 8, 2018 /CNW/ - Today, AltaGas Ltd. (AltaGas) (TSX:ALA) and WGL Holdings, Inc. (NYSE: WGL) (WGL) announced that they have signed a unanimous settlement agreement with the key stakeholders in the Washington, D.C. regulatory proceedings with respect to AltaGas' merger with WGL (the WGL Acquisition). Parties to the settlement include the Government of the District of Columbia, the Office of the People's Counsel, the Laborers' International Union of North America, its affiliated [Read more]