EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the first quarter ended March 31, 2017, including net income of $58 million, or $0.34 per diluted share. Operating and financial highlights for the first quarter 2017 include: Produced volumes of 169 Mboepd, on track to achieve full year production guidance Spent $215 million on capital expenditures, in line with planned annual capital budget of [Read more]
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BlackPearl Announces First Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 3, 2017) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce its financial and operating results for the three months ended March 31, 2017. Highlights include: The Board of Directors sanctioned the expansion of our successful Onion Lake thermal project in Saskatchewan and construction began on the second 6,000 barrel per day phase of the project. Target date for completion of construction and first [Read more]
Pioneer Natural Resources Company Reports First Quarter 2017 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter ended March 31, 2017. Pioneer reported a first quarter net loss attributable to common stockholders of $42 million, or $0.25 per diluted share. Without the effect of noncash mark-to-market derivative gains and other unusual items, adjusted results for the first quarter were earnings of [Read more]
Veresen Announces First Quarter Financial Results and Increased 2017 Guidance
CALGARY, ALBERTA--(Marketwired - May 3, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) today announced its first quarter operating and financial results. "Veresen delivered solid financial and operating results in the first quarter of 2017," said Don Althoff, President and CEO of Veresen. "Alliance posted another strong quarter as we look to extend contracts on the pipe and explore a potential expansion, while construction on our major growth projects at Veresen Midstream is tracking ahead of [Read more]
Whitecap Resources Inc. Announces First Quarter 2017 Results
CALGARY, May 3, 2017 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 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]
Platts RigData: U.S. Rig Count Grows 107% Year-Over-Year in April
HOUSTON, May 3, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for April 2017 was 971, up 70 (8%) from March 2017, and up 502 (107%) from April 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. April U.S. land rig count: 922, up 70 from the previous month and up 510 from April 2016. April U.S. inland waters and Gulf of Mexico rig count: 49, [Read more]
Pulse Oil Corp. Announces $8 Million Unit Financing to Acquire Oil and Gas Assets, Restart Production and Commence Horizontal Drilling
CALGARY, May 3, 2017 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL) announces that Pulse has signed two new agreements with arms-length parties to acquire independently assessed proven producing oil and gas reserves in Alberta. These latest acquisitions meet Pulse's criteria of acquiring low-risk, low-cost producing assets with drilling and enhanced oil recovery upside at attractive prices, the details of which are summarized immediately below. OVERVIEW OF OIL & GAS [Read more]
Pengrowth Delivers Transformational Debt Reduction in First Quarter Driven by Asset Sales
CALGARY, ALBERTA--(Marketwired - May 2, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its first quarter 2017 operating results, a substantial reduction in outstanding debt, significant asset sales and further reductions in its cost structures. Since the start of 2017 Pengrowth has closed or expects to close $707 million of asset sales, which when combined with the $287 million of cash on hand at year end 2016, represents a net debt reduction of nearly $1.0 [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. May. 1 Supply Management Professional Canadian Natural Resources Calgary Apr. 30 Desktop Service Technician TransCanada Calgary Apr. 30 Customer Account Manager - Commerical West TransCanada Calgary Apr. [Read more]
B.C. First Nation begins social media campaign against Kinder Morgan expansion
VANCOUVER - A British Columbia First Nation hopes selfies and social media will add clout to its battle against the planned expansion of an oil pipeline. The Tsleil-Waututh Nation has erected a billboard near downtown Vancouver that proclaims "I'm Another Voter Against the Pipeline." It invites supporters to take a selfie in front of the board and post it online as voters in British Columbia get ready to head to the polls on May 9. Tsleil-Waututh spokeswoman Charlene [Read more]