CALGARY, Aug. 10, 2017 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three and six month periods ended June 30, 2017. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. Operational and financial highlights of the Company from the second quarter include: Increased funds flow from [Read more]
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Perpetual Energy Inc. Releases Second Quarter 2017 Financial and Operating Results
CALGARY, Aug. 10, 2017 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release its second quarter 2017 financial and operating results. A complete copy of Perpetual's unaudited condensed interim consolidated financial statements and related Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2017 can be obtained through the Company's website at www.perpetualenergyinc.com and SEDAR at [Read more]
Chinook Energy Inc. Announces Second Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Chinook Energy Inc. ("our", "we", or "us") (TSX:CKE) is pleased to announce its second quarter 2017 financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2017 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three and six months ended June 30, 2017 and 2016 and our related management's discussion and analysis which have [Read more]
Quebec to pay Petrolia $20.5 million to end Anticosti oil development
QUEBEC - The Quebec government will pay $20.5 million to Petrolia as part of its plan to end oil development on Anticosti Island. The province's Energy and Natural Resources Department said in a statement Thursday the compensation deal is based on public interest. In late July, the government announced it was halting oil and gas exploration on the island and was negotiating with several companies to get them to abandon their research rights. The decision was made to [Read more]
Inter Pipeline Announces Second Quarter 2017 Financial and Operating Results
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]
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]