Dr. Kristen Kulinowski, Board Member at the U.S. Chemical Safety Board, confirmed to Keynote at the Operational Excellence in Energy, Chemicals & Resources Summit taking place this June 5-7 in Calgary. We’re thrilled to announce that Dr. Kristen Kulinowski from the U.S. Chemical Safety Board will be joining the list of keynote speakers at the Operational Excellence in Energy, Chemicals & Resources summit this June 5-7. CSB Investigators have recently closed high profile [Read more]
Headlines
XI Technologies introduces new analysis tool: The ARO Cost Model
Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has become a key part of risk management, and a disciplined retirement strategy is essential for corporate financial planning. LLR ratios and government calculated liabilities only tell half the story. Those who can navigate these components with accuracy gain a clear advantage. As the industry leader in A&D data and analysis software, XI Technologies is [Read more]
ConocoPhillips Reports First-Quarter 2017 Results; On Track to Deliver 2017 Operating Plan and Accelerate Value Proposition
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today reported first-quarter 2017 earnings of $0.8 billion, or $0.62 per share, compared with a first-quarter 2016 loss of $1.5 billion, or ($1.18) per share. Excluding special items, first-quarter 2017 adjusted earnings were a loss of $19 million, or ($0.02) per share, compared with a first-quarter 2016 adjusted loss of $1.2 billion, or ($0.95) per share. Special items for the current quarter were [Read more]
PrairieSky Receives TSX Approval for Renewed Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - May 2, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce that theToronto Stock Exchange (the "TSX") has accepted the notice of PrairieSky's intention to commence a normal course issuer bid (the "NCIB"). PrairieSky previously purchased an aggregate of 1,429,100 common shares at a weighted average price per share of $27.98 under a normal course issuer bid that ran between May 2, 2016 and May 1, 2017. On April 24, [Read more]
Manitok Energy Inc. Discloses Highlights From Year-End Reserves Report and Announces 2016 Year-End Financial Results.
CALGARY, ALBERTA--(Marketwired - May 2, 2017) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide highlights from its 2016 independent reserves evaluation and announce its financial results for the fiscal year-ended December 31, 2016. 2016 Independent Reserves Evaluation Sproule Associates Limited ("Sproule"), Manitok's independent qualified reserves evaluator based in Calgary, Alberta, prepared a reserves estimation and economic evaluation [Read more]
Encana delivers strong first quarter results; company’s multi-basin advantage drives growth and value
CALGARY, AB--(Marketwired - May 02, 2017) - (TSX: ECA) (NYSE: ECA) Encana's first quarter performance strongly underpins its five-year plan and 2017 objectives of returning to growth by mid-year, delivering at least 20 percent production growth in its core assets from the fourth quarter of 2016 to the fourth quarter of 2017 and maintaining or enhancing efficiencies despite sector inflation. Highlights from the quarter include: net earnings of $431 million compared to a net loss of $379 [Read more]
Point Loma Resources Announces Year End Financial and Operating Results
CALGARY, AB--(Marketwired - May 01, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to report financial and operating results for the three months and year ended December 31, 2016. Highlights of the period and additional updates are summarized below: HIGHLIGHTS Financial Year ended December 31, 2016 (1) Three Months ended December 31, 2016 ($ thousands, except share amounts) Gross [Read more]
Marquee Energy Ltd. Announces Corporate Update, Year-End 2016 Financial and Operating Results and Year-End 2016 Reserves
CALGARY, AB--(Marketwired - May 01, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINTATION IN THE UNITED STATESMarquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) announces a corporate update, its fourth quarter operational results and financial results for the three and twelve months ended December 31, 2016, and year-end 2016 reserves. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three months and twelve months [Read more]
Petrocapita Announces Release of Year End Reserves, Financial Statements and MD&A and Update on Re-Organization
CALGARY, ALBERTA--(Marketwired - May 1, 2017) - Petrocapita Income Trust (CSE:PCE.UN) ("Petrocapita" or the "Trust") announces that the Oil and Gas Reserves, the Audited Financial Statements and Management's Discussion and Analysis for the years ended December 31, 2016 and December 31, 2015 have been filed with the Canadian Securities Exchange ("CSE") and on the System for Electronic Document Analysis and Retrieval ("SEDAR") and may be accessed at www.sedar.com. Additionally, during the [Read more]
Study: Selling US Natural Gas Abroad Could Create 136,000 Jobs
Selling Texas’ liquefied natural gas (LNG) to other countries will create more than 136,000 jobs nationwide and generate $145 billion in economic activity, according to a new report published Monday. The pro-industry group North Texans for Natural Gas commissioned the report, which touts the economic benefits of approving seven LNG export facilities in the state. Roughly 70,000 of these jobs will be created in Texas, and the state government will receive more than $20 billion in tax [Read more]