CALGARY, ALBERTA--(Marketwired - May 8, 2017) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three months ended March 31, 2017. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's website [Read more]
Headlines
TORC Oil & Gas Ltd. Announces First Quarter 2017 Financial & Operating Results; On-Strategy Tuck-in Acquisitions; & Increased 2017 Production Guidance
CALGARY, May 8, 2017 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month period ended March 31, 2017. The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the quarter ended March 31, 2017 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended (in thousands, except per share [Read more]
Crew Energy Inc. Announces First Quarter 2017 Financial and Operating Results, Updated Montney Resource Evaluation and Non-Core Asset Disposition
CALGARY, ALBERTA--(Marketwired - May 8, 2017) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") is pleased to announce our operating and financial results for the three month period ended March 31, 2017, along with an updated independent Montney Resource Evaluation. Our Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the three month period ended March 31, 2017 are available on Crew's website and filed on SEDAR. Q1 HIGHLIGHTS Production [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Quarter-Ended March 31, 2017
CALGARY, ALBERTA--(Marketwired - May 8, 2017) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the quarter-ended March 31, 2017. Financial and Operating Highlights Reported sales volumes for the first quarter of 2017 increased 11 percent to 25,133 Boe/d (38 percent liquids) as compared to 22,565 Boe/d (32 percent liquids) for the fourth quarter of 2016. The increase was attributed primarily to new well production coming on [Read more]
Gibsons Reports Financial Results for First Quarter 2017 and Pending Retirement of CEO
CALGARY, ALBERTA--(Marketwired - May 8, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today its operating and financial results for the three months ended March 31, 2017. The Company also announced the pending retirement of its President and Chief Executive Officer, Stewart Hanlon. All financial figures are in Canadian dollars Highlights: (Comparisons made between fiscal Q1 2017 and fiscal Q1 2016 results, unless otherwise noted.) Combined Adjusted [Read more]
Front Range Announces Montney Test Results at East Pepper, Alberta
CALGARY, AB--(Marketwired - May 08, 2017) - Front Range Resources Ltd. ("Front Range" or the "Company") (TSX VENTURE: FRK) announces the results of the second well in its horizontal Montney winter drilling program. Both wells are located on the Company operated 44-section Pepper, Alberta land block (100% W.I.) and represent frontier Montney discoveries, some 42 kilometres from the next nearest producing horizontal Montney wells. The Company's first horizontal Montney well at East Pepper, [Read more]
Hemisphere Energy renews $12.5 million credit facility
TSX-V: HME VANCOUVER, May 8, 2017 /CNW/ - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the renewal of its credit facility. Following the annual review with its lender, the borrowing base under Hemisphere's credit facility was reaffirmed and maintained at $12.5 million. All covenants and applicable margins on borrowing costs remain unchanged. As at May 5, 2017, the Company has drawn approximately $10.2 million on the credit [Read more]
Suncor files for approval of 160,000-bpd Lewis thermal oilsands project
CALGARY - Suncor Energy (TSX:SU) says it will apply this year for provincial regulatory permission to build a new Alberta oilsands project that could eventually produce up to 160,000 barrels per day. The Lewis project hasn't been officially sanctioned by Suncor, but the company says construction on its first phase may begin in 2024. The project is located about 25 kilometres northeast of Fort McMurray in northern Alberta. Suncor says it will consider using new [Read more]
Husky resumes clean up after major oil spill in Saskatchewan last summer
REGINA - Husky Energy is going to see how much more oil — if any — can be cleaned up from a major spill last July along the North Saskatchewan River. The company has started more shoreline cleanup and assessment of the leak, which spilled 225,000 litres of heavy oil mixed with diluent onto the bank of the river near Maidstone, Sask., last July. About 40 per cent reached the river and the oil plume flowed hundreds of kilometres downstream. About 93 per cent of the oil was cleaned [Read more]
Inter Pipeline Announces Strong First Quarter 2017 Financial and Operating Results
CALGARY, Alberta, May 08, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced strong financial and operating results for the three month period ended March 31, 2017. First Quarter Highlights Funds from operations (FFO) totalled $247 million, a 33 percent increase over first quarter 2016 FFO for the Natural Gas Liquids (NGL) processing business segment set a new record of $82 million, an increase of $58 million over the same period last year Net [Read more]