CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") announces that Ron Schmitz, who currently sits on Blackbird's board of directors, has been appointed interim Chief Financial Officer following the resignation of Jeff Swainson as Chief Financial Officer and Corporate Secretary. As a current director and audit committee member who previously served as Chief Financial Officer of the Company until February 2015, Mr. Schmitz has [Read more]
Headlines
Gibson Energy Reports Solid Second Quarter Results and Announces Plans to Divest U.S. Environmental Services Business
CALGARY, Alberta, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons” or the “Company"), (TSX:GEI), announces performance driven by continued growth in its crude oil infrastructure business, resulting in significant increases in profit and distributable cash flow. The Company also announces plans to divest of its United States Environmental Services business. Highlights: (Comparisons made between fiscal Q2 2017 and fiscal Q2 2016 results, unless otherwise noted.) On June 5, [Read more]
Pembina Pipeline Corporation Reports Solid Second Quarter 2017 Results
Announced $9.7 billion transformational combination with Veresen and placed $2.8 billion of projects into service safely and reliably All financial figures are in Canadian dollars unless noted otherwise. CALGARY, Aug. 1, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the second quarter of 2017. Operational and Financial Overview ($ millions, except where noted) 3 Months [Read more]
Birchcliff Energy Ltd. Announces Series of Asset Sales for Expected Proceeds of Approximately $142 Million
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that it has completed a series of asset sales and expects to complete additional asset sales, including the sale of its Worsley Charlie Lake Light Oil Pool, for total disposition proceeds of approximately $142 million (subject to closing adjustments). These asset sales collectively represent forecast 2017 annual average production of approximately 3,600 boe/d (approximately 62% [Read more]
Whitecap Resources Inc. Announces Second Quarter 2017 Results
CALGARY, Aug. 1, 2017 /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, 2017. 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]
Oil falls 2 percent, weighed by ample OPEC supply
NEW YORK (Reuters) - Oil dropped about 2 percent from a two-month high on Tuesday as major world oil producers kept pumping out supply, causing investors to worry that several weeks of steady gains had pushed the rally too far, too fast. Selling picked up in the late morning as oil broke below Monday's lows, with more than 925,000 U.S. futures contracts traded, making it the busiest day in the market in nearly three weeks. OPEC production rose in July, a Reuters survey found Monday, despite a [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. Jul. 31 Bulk Plant Operator Canyon Technical Services Grande Prairie Jul. 31 Junior Oil Company Seeks Prospects Anonymous Calgary Jul. 30 EIC - Controls Technician TransCanada Edson Jul. 30 Pipeline [Read more]
Baytex Reports Solid Q2 2017 Results With 5% Production Growth and Strong Eagle Ford Performance
CALGARY, Alberta, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) reports its operating and financial results for the three and six months ended June 30, 2017 (all amounts are in Canadian dollars unless otherwise noted). “Driven by excellent capital efficiencies across our portfolio, we have been able to substantially grow production largely within funds from operations during the first half of the year at US$50/bbl oil prices. This is due to some of the [Read more]
Cona Resources Ltd. (formerly Northern Blizzard Resources Inc.) Announces Results of Change of Control Offer for 7.25% Senior Notes due 2022 and Redemption of Remaining Senior Notes
CALGARY, July 31, 2017 /CNW/ - Cona Resources Ltd. (formerly Northern Blizzard Resources Inc.) ("Cona" or the "Company") announces the final results and settlement of its offer (the "Offer") to purchase for cash any and all of its US$269.7 million outstanding 7.25% Senior Notes due 2022 (the "Notes"). The Company offered to purchase for cash any and all of the outstanding Notes at a purchase price equal to 101% of the principal amount of the Notes plus accrued and unpaid interest up to, but not [Read more]
Oil markets escape Venezuela sanctions for now
NEW YORK (Reuters) - U.S. oil markets had a muted reaction on Monday after Washington slapped sanctions on Venezuelan President Nicolas Maduro but experts say broader oil-sector and financial sanctions may be the only way to make the Venezuelan government feel economic pain. The move came after Sunday's vote creating a new legislative superbody with the power to dissolve state institutions such as the opposition-run Congress. Countries around the world denounced the vote while Washington called [Read more]