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]
Headlines
Petrus Resources Announces Second Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to report financial and operating results for the second quarter of 2017. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations and maximize the Company's return on investment. The [Read more]
Bellatrix Exploration Ltd. Announces Strong Second Quarter 2017 Financial and Operating Results Delivering 19% Production Growth Year to Date, Increased 2017 Guidance, and New Independent Director Appointment
TSX, NYSE: BXE CALGARY, Aug. 10, 2017 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the three and six months ended June 30, 2017. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the "MD&A") [Read more]
Granite Oil Corp. Announces Second Quarter, 2017 Results and Appointment of New Director
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to release its financial and operational results and operational update for the six months ended June 30, 2017. Financial and Operating Highlights Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 (000s, except per share amounts) ($) ($) ($) ($) FINANCIAL Oil and natural gas [Read more]
Pine Cliff Energy Ltd. Announces Second Quarter 2017 Results
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce the filing of its second 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 and six months ended June 30, 2017 (the “Q2-Report”). Selected highlights are shown below and should be read in conjunction [Read more]
B.C. government to make announcement about Trans Mountain pipeline expansion
VANCOUVER - Two key British Columbia cabinet ministers are expected to outline the government's next steps Thursday on the Trans Mountain pipeline expansion after campaigning against the project. No details have been provided about the announcement by Attorney General David Eby and Environment Minister George Heyman, but the future of the $7.4-billion project has been heavily scrutinized since the NDP government came to power. Premier John Horgan promised on the campaign trail [Read more]
Bonterra Energy Corp. Announces Second Quarter 2017 Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2017. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis (MD&A), are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]
Strategic Oil & Gas Ltd. Announces Payment in Kind of Interest on Convertible Debentures
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) announces that, with respect to the Company's outstanding convertible debentures, Strategic has elected to pay the interest in kind for the semi-annual interest payment due on August 31, 2017. Approximately $3.9 million in additional debentures will be issued, which will be convertible into common shares of Strategic at a conversion price of $2.03 per common share, [Read more]
Freehold Achieves Record Royalty Production, Increases Guidance
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2017. Results at a Glance Three Months Ended Six Months Ended June 30 June 30 FINANCIAL ($000s, except as noted) 2017 2016 Change 2017 2016 Change Royalty and other revenue 38,430 32,219 19 % 79,521 57,152 39 % Net income (loss) 13,084 (2,249 ) - 20,172 [Read more]
Zargon Oil & Gas Ltd. Provides 2017 Second Quarter Results
CALGARY, Alberta, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2017) Funds flow from operating activities of $1.14 million compared to $1.50 million recorded in the prior quarter, and $3.56 million reported in the second quarter of 2016. The year over year decrease in funds flow is primarily due to the sale of properties in the third quarter of 2016. [Read more]