Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends

CALGARY, Alberta, Feb. 28, 2018 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending March 31, 2018: Shares   TSX Stock Symbol   Dividend per Share Common Shares   BIR   $0.025 Cumulative Redeemable Preferred Shares, [Read More…]

Source: BOE Report

Foothills Exploration Inc. Announces Its Second Successful Horizontal Uinta Basin Gas Well

DENVER, Feb. 28, 2018 (GLOBE NEWSWIRE) — Foothills Exploration, Inc. (OTC.QB: FTXP) (the “Company,” or “Foothills”), an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, is pleased to provide this update on the successful drilling, completion and flow testing of the Stagecoach 117-20H [Read More…]

Source: BOE Report

Enbridge Announces Offer by Spectra Energy Capital, LLC to Purchase Debt Securities

CALGARY, Feb. 28, 2018 /CNW/ – Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company), announced today the commencement of an any and all cash tender offer by its wholly-owned subsidiary, Spectra Energy Capital, LLC (Spectra Capital), for certain debt securities of Spectra Capital (the Tender Offer). The Tender Offer consists of offers to purchase for cash [Read More…]

Source: BOE Report

Ultra Petroleum Announces Fourth Quarter and Year-To-Date 2017 Results, Successful Horizontal Well and Reports Year-End 2017 Reserves

HOUSTON, Feb. 28, 2018 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (NASDAQ:UPL) announces financial and operating results for the quarter and year ended December 31, 2017. Financial and Operating Highlights: Fourth quarter production of 74.5 Bcfe increased 5% compared to third quarter 2017, meeting mid-point of guidance adjusting for Pennsylvania asset sale,  Drilled second successful horizontal [Read More…]

Source: BOE Report

Phoenix Energy Marketing Looking to Buy Available NGTL Empress Firm Gas Transportation

Phoenix Energy Marketing Consultants, on behalf of a producer client, seeks successful bidders in the recent NGTL NIT-Empress Open Season transportation offering and/or existing shippers, for discussion of potential purchase of surplus firm delivery service. The recent NGTL offering involved four tranches of service with start dates ranging from October, 2018 on the first tranche [Read More…]

Source: BOE Report

Petro One Energy Corp.: Property Offering

Western Divestments has been retained by Petro One Energy Corp. (a wholly owned subsidiary of Goldstrike Resources Ltd.) to market the company’s oil and gas asset in the Milton area of Southwest Saskatchewan (Map 1). The Milton Asset consists of PNG Rights, wells and associated surface facilities. Low risk, Viking light oil (30 API), development [Read More…]

Source: BOE Report

TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2017 Results and Conference Call

CALGARY, Alberta, Feb. 28, 2018 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe”) (TSX:TGL) (NASDAQ:TGA) will announce its year-end and fourth quarter 2017 financial and operating results on Wednesday, March 7, 2018 before the opening of the stock markets.  A conference call and webcast to discuss the results will be held the same day: Time:  8:00 [Read More…]

Source: BOE Report

Range Announces Fourth Quarter and Year-End 2017 Results

FORT WORTH, Texas, Feb. 27, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced its fourth quarter and year-end 2017 financial results.  Highlights – GAAP earnings for 2017 reached $333 million ($1.34 per diluted share) versus a loss of $521 million ($2.75 per diluted share) in 2016 Net cash provided from operating activities in 2017 increased to $816 million in 2017 compared to $387 million in 2016, an increase of 111% GAAP revenues increased to $2.6 billion in 2017 compared to $1.1 billion in 2016, an increase of 137% Production increased to 2.0 Bcfe per day in 2017 compared to 1.5 Bcfe per day in 2016, an increase of 30% Southwest Marcellu...

RSP Permian, Inc. Announces Fourth Quarter and Full-Year 2017 Financial and Operating Results, Year-End 2017 Proved Reserves and 2018 Guidance

DALLAS–(BUSINESS WIRE)–RSP Permian, Inc. (“RSP” or the “Company”) (NYSE: RSPP) today reported financial and operating results for the quarter and year ended December 31, 2017, year-end 2017 proved reserves and 2018 guidance. In addition, the Company filed its Annual Report on Form 10-K for the year ended December 31, 2017 with the Securities and Exchange [Read More…]

Source: BOE Report

Ring Energy, Inc. Announces Exercise In Full of Over-Allotment Option and Completion of Public Offering of Common Stock

MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (the “Company”) today announced the completion of an underwritten public offering of 6,164,000 shares of its common stock, including 804,000 shares sold pursuant to the full exercise of an over-allotment option previously granted to the underwriters. All of the shares were offered by the Company at a [Read More…]

Source: BOE Report

Bill Barrett Corporation Reports Fourth Quarter and Year-End 2017 Financial and Operating Results; Highlighted by Quarterly Production of 2.12 MMBoe, 42% Growth in DJ Basin Volumes and 56% Increase in Proved Reserves

DENVER, Feb. 27, 2018 /PRNewswire/ —  Announced strategic combination with Fifth Creek Energy that materially expands DJ Basin footprint and significantly strengthens balance sheet Production sales volumes of 7.0 million barrels of oil equivalent (“MMBoe”) in 2017 represents 20% growth over 2016, pro forma for asset sales Production sales volumes of 2.12 MMBoe in the fourth [Read More…]

Source: BOE Report

Contango Announces Fourth Quarter and Year-End 2017 Earnings Release and Conference Call Schedule

HOUSTON, Feb. 27, 2018 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American:MCF) announced today it expects to issue its fourth quarter and year-end 2017 earnings release prior to market opening on Friday, March 9, 2018.  In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release [Read More…]

Source: BOE Report