CALGARY, May 11, 2017 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) announced today that it has made a strategic investment in Red Leaf Resources, Inc. ("Red Leaf"). Through an agreement with one of the vendors, Whitehorn Resources Inc. ("Whitehorn"), Questerre also has the option to acquire over 280 square km. prospective for oil shale in the Kingdom of Jordan ("Jordan"). Michael Binnion, President & Chief Executive Officer of Questerre, commented, [Read more]
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Altura Energy Inc. Announces First Quarter 2017 Financial Results and Operational Update
CALGARY, May 10, 2017 /CNW/ - Altura Energy Inc. ("Altura" or the "Corporation") (TSX Venture: ATU) is pleased to announce its financial and operating results for the three months ended March 31, 2017. The unaudited interim condensed consolidated financial statements, and related management's discussion and analysis ("MD&A") will be available at www.sedar.com and www.alturaenergy.ca. OPERATIONAL AND FINANCIAL SUMMARY Three months ended March 31, [Read more]
Prairie Provident Announces First Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to announce its operating and financial results for the three months ended March 31, 2017, and to provide an operational update. PPR's consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2017 are available on its website and filed on [Read more]
Painted Pony Reports Increased Credit Facilities and First Quarter 2017 Financial and Operating Results
CALGARY, May 10, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce increased credit facilities and first quarter 2017 financial and operating results. The first quarter was notable for the announcement of the proposed strategic acquisition of UGR Blair Creek Ltd. ("UGR") through a share purchase agreement whereby Painted Pony agreed to acquire all of the issued and outstanding shares of UGR ("UGR Acquisition"), subject to [Read more]
Pine Cliff Energy Ltd. Announces First Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce the filing of its first 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 months ended March 31, 2017 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the [Read more]
NuVista Energy Ltd. Announces First Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three months ended March 31, 2017 and provide an update on its future business plans. NuVista had another strong quarter of growth with continued development drilling program success. Funds flow from operations and netbacks continued to improve primarily as a result of increased condensate production and improved commodity prices. NuVista is [Read more]
Bonterra Energy Corp. Announces First Quarter 2017 Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - May 10, 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 month period ended March 31, 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]
Surge Energy Inc. Announces First Quarter 2017 Results; Increased Guidance; and Continued Per Share Growth
CALGARY, May 10, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended March 31, 2017. Surge's quarterly operating and financial results continue to exceed management's budgeted expectations based on excellent drilling and waterflood results at the Company's three core areas, rigorous ongoing cost cutting initiatives, and strategic capital allocation decisions designed to create balance sheet [Read more]
Harvest Operations Reports Q1 2017 Results
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") announced its financial and operating results for the first quarter ended March 31, 2017. This press release is an overview of the first quarter results for 2017 and should be read with the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis (MD&A) for the first quarter ended March 31, 2017 available on the System for Electronic Document [Read more]
Zargon Oil & Gas Ltd. Provides 2017 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB.A) - FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2017) Funds flow from operating activities of $1.50 million compare to $0.92 million recorded in the prior quarter, and the negative $0.40 million reported in first quarter of 2016. The year over year increase in funds flow is primarily due to Zargon's sharply higher first quarter 2017 field oil [Read more]