CALGARY, Aug. 1, 2018 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2018. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which are available at www.sedar.com and on our website at [Read more]
Headlines
Encana delivers strong second quarter financial results; liquids growth, efficiencies and robust realized prices driving quality returns
CALGARY, Alberta , Aug. 01, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana delivered strong financial performance in the second quarter driven by continued liquids growth, efficiencies and robust realized prices. Year-over-year, the company more than doubled cash from operating activities and increased its non-GAAP cash flow and cash flow margin by 67 and 57 percent, respectively. Encana is on track to grow annual production by over 30 percent and now expects to generate free cash flow in 2018. [Read more]
Bonavista Energy Corporation Announces 2018 Second Quarter Results
(TSX:BNP) CALGARY, July 31, 2018 /CNW/ - Bonavista Energy Corporation ("Bonavista") is pleased to report to shareholders its financial and operating results for the three and six months ended June 30, 2018. In the second quarter of 2018 we generated adjusted funds flow of $65.7 million, allocating $29.0 million to a reduction in total net debt. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document [Read more]
Toscana Energy Announces Second Quarter 2018 Results
CALGARY, Alberta, July 31, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces financial and operating results for the second quarter ended June 30, 2018. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and six month period ended June 30, 2018. This news release [Read more]
NEB Decision for NGTL’s Northwest Mainline Loop
CALGARY, July 31, 2018 /CNW/ - The National Energy Board (NEB or Board) announced today that it has approved NOVA Gas Transmission Ltd. (NGTL)'s request to construct and operate the Northwest Mainline Loop (Boundary Lake North Section) (Project). The Project will be located in northwestern Alberta and includes 23 kilometres of new pipeline to transport natural gas. Today's decision follows a written public hearing in which three Indigenous groups and Environment and Climate Change Canada [Read more]
Painted Pony Grows Second Quarter Adjusted Funds Flow from Operations by 116%, Increases Second Quarter Liquids Production by 98% and Announces Operational Update
CALGARY, July 31, 2018 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce second quarter 2018 financial and operating results, an operational update and director election results from the Annual General Meeting. HIGHLIGHTS: Increased adjusted funds flow from operations by 116% to $39.1 million ($0.24 per share basic), compared to $18.1 million ($0.13 per share basic) during the second quarter of 2017; Increased average daily [Read more]
Raging River Exploration Inc. Announces Second Quarter Operating and Financial Results
CALGARY, Alberta, July 31, 2018 (GLOBE NEWSWIRE) -- Raging River Exploration Inc. (the “Company” or “Raging River”) (TSX:RRX) announces its operating and financial results for the three and six months ended June 30, 2018. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management’s discussion and analysis (“MD&A”). These filings will be available at www.sedar.com and the [Read more]
Canbriam Energy Announces Non-Core Asset Disposition and Q2 2018 Production Results
CALGARY, July 31, 2018 /CNW/ - Canbriam Energy (Canbriam) announced today that it has sold some non-core Montney lands in Northeast British Columbia for total proceeds of C$50 million. The asset has no associated production and the disposition closed on July 30, 2018. "The disposition of non-core acreage supports the core development at our Altares Montney assets and the ongoing deleveraging of our balance sheet," said Paul Myers, Canbriam's President & Chief Executive [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 Jul. 31 Team Lead Maintenance - RIPET AltaGas Prince Rupert Jul. 30 Mechanical Engineer Canadian Natural Resources Calgary Jul. 30 Exchange Analyst Canadian [Read more]
Forecast calls for 500 fewer wells this year despite higher global oil prices
CALGARY - The Petroleum Services Association of Canada is cutting its 2018 Canadian drilling forecast by 500 wells as pessimism continues to grip the industry despite higher global oil prices. The organization says it now expects 6,900 oil and gas wells to be drilled this year, 200 fewer than were drilled in 2017, and nearly seven per cent less than its April forecast for 7,400. PSAC CEO Tom Whalen says revenue numbers for the petroleum services sector are up this year compared to last [Read more]