CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today financial and operating results for the three and six month periods ended June 30, 2017. Second Quarter Highlights Funds from operations (FFO) totalled $207 million, a 5 percent increase over second quarter 2016 Generated net income for the quarter of $102 million Declared cash dividends of $151 million, or approximately $0.41 per share Quarterly payout ratio* of [Read more]
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Altura Energy Inc. Announces Second Quarter 2017 Results and Provides Operational and Reserves Update
CALGARY, Aug. 10, 2017 /CNW/ - Altura Energy Inc. ("Altura", the "Company", or the "Corporation") (TSXV:ATU) is pleased to announce its financial and operating results for the second quarter of 2017 as well as an operational update and the results of a mid-year independent evaluation of the Company's oil and natural gas reserves. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") will be available at www.sedar.com and [Read more]
Birchcliff Announces Second Quarter 2017 Results and Updated Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce its second quarter 2017 results, with record quarterly funds flow from operations of $88.6 million and record quarterly average production of 64,636 boe/d. Funds flow from operations is up 568% and quarterly average production is up 64% from the second quarter of 2016. The full text of Birchcliff's Second Quarter Report containing the unaudited interim condensed financial [Read more]
KeystoneXL opponents vow long fight as Nebraska hearing concludes
Opponents of the Keystone XL pipeline vowed on Thursday to block construction of the controversial project if Nebraska regulators approve the proposed route later this year. Nebraska regulators wrapped up a final public hearing a day early on Thursday on TransCanada Corp's proposed Keystone XL pipeline after four days of contentious exchanges between lawyers. They will make their final decision by Nov. 23. After the hearing, two dozen landowners and other pipeline opponents vowed [Read more]
BC seeks intervenor status in legal challenges to Trans Mountain Pipeline
The BC government announced Thursday it will be seeking intervenor status in legal challenges to federal approval of the Trans Mountain pipeline expansion. Premier John Horgan promised on the campaign trail earlier this year to use “every tool in the toolbox” to stop the project, but a mandate letter to the Heyman softened the language, saying instead that he must “defend B.C.’s interests in the face of” the expansion. Read the news release below from the BC Government: Government takes [Read more]
Premier Brad Wall resigns as leader of Sask. Party
Brad Wall says he is retiring from politics after a decade as premier of Saskatchewan. He made the announcement in an online video posted Thursday morning saying it’s time for renewal for his Saskatchewan Party and the province. “This November will mark 10 years since I had the incredible honour of being elected as Premier of this wonderful province that I love. I’ve always thought that the 10-year mark – should I be so fortunate to serve that long – might be the right time to [Read more]
Journey Energy Inc. Reports its Second Quarter 2017 Financial Results
CALGARY, Aug. 9, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces its financial and operating results for the three and six month periods ended June 30, 2017. The complete set of financial statements and management discussion and analysis are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. SECOND QUARTER 2017 HIGHLIGHTS Highlights for the first quarter and to date are as follows: Achieved production of 10,194 boe/d in the [Read more]
Keyera Corp. Announces Second Quarter 2017 Results
CALGARY, Aug. 9, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its second quarter 2017 results today, the highlights of which are included in this news release. The entire press release can be viewed by visiting Keyera's website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera's website or the System for Electronic Document Analysis and Retrieval at www.sedar.com. HIGHLIGHTS Keyera delivered solid financial results in the second [Read more]
Painted Pony Announces Strategic Financing, Executive Appointment, Record Production Volumes, and Second Quarter 2017 Financial and Operating Results
CALGARY, Aug. 9, 2017 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce a financing transaction with a new strategic investor, an executive appointment, record production volumes, and second quarter 2017 financial and operating results. RECENT HIGHLIGHTS: Strategic Financing: Entered into an investment agreement with Magnetar Capital ("Magnetar Capital"), pursuant to which Magnetar Capital has agreed to invest CAD$200 million in [Read more]
Leucrotta Announces Update on Lower Montney Turbidite Light Oil Resource Play
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (“Leucrotta” or the “Company”) (TSXV:LXE) is pleased to announce the following update: COMPARISON OF RECENTLY COMPLETED A8-22 VERSUS 8-22 PRODUCTION Leucrotta recently completed the A8-22 Lower Montney well utilizing a 58% increase in frac intensity. The well was completed using a 41 stage completion placing 100 tonnes per stage into the formation versus the 26 stage completion used in the offset 8-22 well. The [Read more]