TransGlobe Energy Corporation Announces AGM Voting Results, Update on AIM Process and Transition Plans for the Board of Directors

CALGARY, Alberta, May 11, 2018 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (“TransGlobe” or the “Company”) announces its AGM voting results, an update on its AIM admission process and transition plans for the Board of Directors and changes to its Director share ownership requirements. AGM Results Report in Respect of Voting Results Pursuant to Section [Read More…]

Source: BOE Report

Oil dips from recent highs on hopes of alternatives to Iran supply

Oil prices on Friday dippedaway from multi-year highs reached the previous session on hopesthat alternative supplies could replace a looming drop inIranian exports when U.S. sanctions against Tehran arere-imposed. The United States plans to re-introduce sanctions againstIran, which produces around 4 percent of global oil supplies,after abandoning an agreement reached in late 2015 that limitedTehran's [Read More…]

Source: BOE Report

ProPetro Holding Corp. Announces Pricing of Secondary Public Offering of Common Stock

MIDLAND, Texas–(BUSINESS WIRE)–ProPetro Holding Corp. (the “Company”) has announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock by certain selling securityholders (collectively, the “selling securityholders”). The underwriters intend to offer the shares to the public at a price of $19.10 per share. The selling securityholders have also granted the [Read More…]

Source: BOE Report

MATRRIX Energy Technologies Inc. to Acquire Oil and Gas Drilling Assets from Red Dog Drilling Inc.

CALGARY, May 10, 2018 /CNW/ – MATRRIX Energy Technologies Inc. (“MATRRIX” or the “Corporation”) (TSXV: MXX) is pleased to announce that it has entered into an asset purchase agreement (the “Agreement”) with Red Dog Drilling Inc. (“Red Dog”) pursuant to which MATRRIX has agreed to acquire (the “Acquisition”) all of the assets of Red Dog [Read More…]

Source: BOE Report

Frontera Announces Three Percent Production Growth and 100% Exploration Success in the First Quarter of 2018

High Impact Acorazado-1 Exploration Well Drilling TORONTO, May 10, 2018 /PRNewswire/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announced today the release of its consolidated financial statements for the first quarter of 2018, together with its management, discussion and analysis (“MD&A“). These documents will be posted on the Company's website at www.fronteraenergy.ca and [Read More…]

Source: BOE Report

Frontera Announces Three Percent Production Growth and 100% Exploration Success in the First Quarter of 2018

High Impact Acorazado-1 Exploration Well Drilling TORONTO, May 10, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announced today the release of its consolidated financial statements for the first quarter of 2018, together with its management, discussion and analysis (“MD&A“). These documents will be posted on the Company's website at www.fronteraenergy.ca and [Read More…]

Source: BOE Report

Oil prices remain near multi-year highs on looming U.S. sanctions against Iran

Oil prices on Friday heldmulti-year highs reached the previous session as looming U.S.sanctions against major oil producer and OPEC-member Iranthreatened to tip an already tight market into undersupply. The United States plans to re-introduce sanctions againstIran, which produces around 4 percent of global oil supplies,after abandoning an agreement reached in late 2015 that limitedTehran's nuclear [Read More…]

Source: BOE Report

Granite Oil Corp. Provides Operational and Strategic Alternatives Update and Reports First Quarter, 2018 Financial Results

CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to provide an operational update and report its financial and operational results and for the three months ended March 31, 2018. Operational Update Granite has drilled and completed two wells to date in 2018. The first well [Read More…]

Source: BOE Report

GulfMark Offshore Reports Results of Operations for the Quarter Ended March 31, 2018

Significant Financial and Operating Performance Improvements Forecasted By Recovery in the North Sea and Operational Efficiencies HOUSTON, May 10, 2018 (GLOBE NEWSWIRE) — GulfMark Offshore, Inc. (“GulfMark” or the “Company”) (NYSE:GLF) today announced its results of operations for the three-month period ended March 31, 2018. Items of note: Free cash flow positive in Q1 2018 [Read More…]

Source: BOE Report

InPlay Oil Corp. Announces First Quarter 2018 Financial and Operating Results Highlighted by a 24% Increase in Light Oil Production

CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three months ended March 31, 2018.  InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2018 [Read More…]

Source: BOE Report

Westport Fuel Systems Reports First Quarter Fiscal 2018 Financial Results

Performance on Track VANCOUVER, British Columbia, May 10, 2018 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT) (Nasdaq:WPRT) reported financial results for the first quarter ended March 31, 2018 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. “We started 2018 with improved underlying performance across [Read More…]

Source: BOE Report

Ritchie Bros. Auctioneers reports on voting results from the 2018 annual and special meeting of shareholders

VANCOUVER, May 10, 2018 /PRNewswire/ – The Annual and Special Meeting of Shareholders (the “Meeting”) of Ritchie Bros. Auctioneers Incorporated (the “Company”, NYSE and TSX: RBA) was held on May 8, 2018 in Burnaby, British Columbia.  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March [Read More…]

Source: BOE Report

Ritchie Bros. Auctioneers reports on voting results from the 2018 annual and special meeting of shareholders

VANCOUVER, May 10, 2018 /CNW/ – The Annual and Special Meeting of Shareholders (the “Meeting”) of Ritchie Bros. Auctioneers Incorporated (the “Company”, NYSE and TSX: RBA) was held on May 8, 2018 in Burnaby, British Columbia.  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March [Read More…]

Source: BOE Report

Cardinal Energy Ltd. Announces First Quarter 2018 Results

CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company”) (TSX:CJ) is pleased to announce its operating and financial results for the quarter ended March 31, 2018. The Company also announces that its unaudited financial statements and management’s discussion and analysis for the quarter ended March 31, 2018, will be [Read More…]

Source: BOE Report