QUÉBEC CITY and CALGARY, Aug. 14, 2018 /CNW/ - Junex Inc. ("Junex") (TSXV:JNX) and Cuda Energy Inc. ("Cuda") are pleased to announce the successful completion of their previously announced business combination pursuant to a plan of arrangement under the Business Corporations Act (Québec) (the "Arrangement") to form a combined entity named Cuda Oil and Gas Inc. ("New Cuda"). Concurrent with the Arrangement, New Cuda also completed the previously announced acquisition of a high growth light oil [Read more]
Headlines
What Happens to Chain of Title During Insolvencies?
Are oil and gas companies responsible for the end of life liabilities of assets they divest if the acquiring company goes bankrupt? This question has been reverberating throughout the oil and gas industry since the Redwater case first went to trial and with subsequent high-profile bankruptcies in Alberta. The fear is that companies will sell an asset to another entity that eventually goes bankrupt, and the Alberta Energy Regulator (AER) and Orphan Well Association (OWA) will come knocking on the [Read more]
Iron Bridge Resources Provides Operations Update and Reports Second Quarter 2018 Financial Results
CALGARY, Alberta, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (TSX:IBR) (“Iron Bridge”, “IBR” or the “Company”) today provides a Gold Creek operations update and reports its financial results for the second quarter ended June 30, 2018. Gold Creek Montney Operations Update At Gold Creek, Iron Bridge holds a large, strategically-positioned land base of 49,600 net acres (77.5 net sections) within the oil-rich window of the Gold Creek Montney formation, with substantial multi-year [Read more]
Alberta Metis vote to support Trans Mountain oil pipeline expansion through B.C.
LAC LA BICHE, Alta. - An organization that represents Metis in Alberta says it supports the expansion of the Trans Mountain oil pipeline through B.C. The Metis Nation of Alberta says members voted in favour of the resolution at a conference on Sunday. President Audrey Poitras says solid economic investment, including pipelines like the Trans Mountain, is the right way to go. The expanded pipeline would triple the amount of diluted bitumen that is shipped from Alberta to a terminal in [Read more]
Birchcliff Energy Ltd. Announces Strong Second Quarter 2018 Results and Positive Montney Exploration Results in Pouce Coupe
CALGARY, Alberta, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce its financial and operational results for the second quarter of 2018 and its positive exploration and development results from its recent Montney D2 and C wells in Pouce Coupe. The full text of Birchcliff’s Second Quarter 2018 Report, which contains the unaudited interim condensed financial statements for the three and six months ended June 30, 2018 and the related [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Aug. 13 Process Engineer Canadian Natural Resources Calgary Aug. 13 Marketing Accountant Canadian Natural Resources Calgary Aug. 12 Senior Preparedness & [Read more]
DG Auction Services to conduct an Online Only Auction for the Surplus Equipment to the ongoing operations of Talon Energy Services
Boyle, Alberta: DG Auction Services will be conducting the Online Only Auction on behalf of Talon Energy Services featuring Oilfield-related Electrical, Mechanical and Piping Support Equipment. Talon Energy Services provides complete energy services and solutions to the oil and gas, resource and heavy industrial sectors. The Auction location is Boyle, Alberta which is located approximately 90 miles/145 km north of Edmonton. Bidding begins to close at 11 AM MDT on Tuesday, August 21, [Read more]
TransGlobe Energy Corporation Announces Second Quarter 2018 Financial and Operating Results For the three and six months ended June 30, 2018
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, Aug. 14, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX & AIM: “TGL” & NASDAQ: “TGA”) is pleased to announce its financial and operating results for the three and six months ended June 30, [Read more]
Corridor Announces Second Quarter Results
HALIFAX, Nova Scotia, Aug. 13, 2018 (GLOBE NEWSWIRE) -- (TSX - CDH): Corridor Resources Inc. (“Corridor”) announced today its second quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and six months ended June 30, 2018, with comparisons to the three and six months ended June 30, 2017. Corridor's unaudited financial statements and management's discussion and analysis for the second quarter have been filed on SEDAR at [Read more]
Vertex Resource Group Ltd. Second Quarter Financial Results Highlighted By Strong Increase in EBITDA
Revenue of $27.7 million and EBITDA of $4.3 million for second quarter 2018. Revenue of $62.4 million and EBITDA of $8.6 million for six months ending June 30, 2018. Sherwood Park, Alberta, August 13th, 2018 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) is pleased to report its financial and operational results for the three and six months ending June 30, 2018. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the [Read more]