Toscana Energy Income Corporation reported a fourth quarter net loss of $8.93 million, or $1.24 per share, versus a net loss of $4.18 million, or 57 cents per share, in the final quarter of 2016.
March 20, 2018, 6 AM MDT
While Zargon Oil & Gas Ltd. production was down 28 per cent in 2017 as a result of significant property sales in 2016, the company recorded improved funds flow and a reduced net loss.
March 19, 2018, 8:16 AM MDT
Oil-weighted Spartan Energy Corp. achieved record average production in the fourth quarter of 2017, along with lower operating and transportation costs.
March 16, 2018, 6 AM MDT
March 15, 2018, 10:22 AM MDT
Journey Energy Inc. increased production and funds flow from operation in the fourth quarter and full-year 2017 but net earnings sank to a negative position.
March 15, 2018, 6 AM MDT
Bonterra Energy Corp. achieved stable production volumes through 2017, thanks to a successful drilling program in the Pembina Cardium area coupled with a low corporate decline rate of roughly 22 per cent.
March 15, 2018, 6 AM MDT
Seven Generations Energy Ltd. achieved record funds from operations and flipped a net loss in Q4 and full-year 2017, as the company grew production and worked towards greater market access.
March 14, 2018, 11:27 AM MDT
Bellatrix Exploration Ltd. says a series of incremental improvements and operational measures have delivered a “step change” reduction for Spirit River well costs and performance.
March 14, 2018, 10:50 AM MDT
Natural gas weighted Cequence Energy Ltd. says it increased its liquids weighting to 17 per cent of production while posting lower overall production for the year and fourth quarter ended Dec. 31, 2017.
March 14, 2018, 12:31 PM MDT
Chinook Energy Inc.’s production during the fourth quarter and year ended 2017 averaged 3,779 boe/d and 3,425 boe/d, a decrease of 19 per cent and 38 per cent, respectively, from the same periods of 2016.
March 13, 2018, 6 AM MDT
NuVista Energy Ltd. had a strong year in 2017 with significantly increased adjusted funds flow, record production, and material reserves per share growth.
March 12, 2018, 8:52 AM MDT
Yangarra Resources Ltd. recorded increased production along with improved earnings, revenue and cash flow for the three and nine months ended Dec. 31, 2017.
March 9, 2018, 9:46 AM MST
Petrus Resources Ltd. realized high volatility in the market price for its natural gas late last year.
March 9, 2018, 6 AM MST
TransGlobe Energy Corporation is extremely pleased with its US$60 million (C$80 million) Canadian acquisition at Harmattan, based on the results of the first year in which it focused on Cardium light oil, the company’s CEO said on Wednesday.
March 8, 2018, 6 AM MST
Paramount Resources Ltd. production averaged 44,970 boe/d in 2017, up from 31,860 boe/d in 2016.
March 8, 2018, 10:50 AM MST
Athabasca Oil Corporation has completed a comprehensive review of its competitive positioning, asset portfolio and strategy and has decided to explore monetization options of its extensive thermal oil infrastructure.
March 8, 2018, 10:18 AM MST
Painted Pony Energy Ltd.’s 2017 annual average daily production increased by 85 per cent to 257 mmcfe/d (42,882 boe/d).
March 8, 2018, 8:52 AM MST
Liquids-rich natural gas producer Delphi Energy Corp. increased its production, including field condensate, in the fourth quarter and sharply narrowed its net loss.
March 8, 2018, 11:13 AM MST
Cona Resources Ltd. has reduced 2018 capital spending to $44.5 million, with a corresponding estimated 450 boe/d production impact, while the company’s largest shareholder aims to take it private at $2.55 per common share.
March 7, 2018, 10:38 AM MST
Tourmaline Oil Corp. achieved a new corporate record with operating costs of $3.19/boe in 2017, down four per cent from $3.31/boe in 2016 as it continues to pursue multiple cost reduction opportunities in all aspects of the business.
March 7, 2018, 5:38 AM MST
Kelt Exploration Ltd. is expected to realize a premium (prior to adjusting for heat content) of approximately 33 per cent to the average forecasted AECO price in 2018 as a result of its diversified gas market contracts.
March 7, 2018, 9 AM MST
Canadian Natural Resources Limited reached a major milestone at the end of 2017 with operating costs for its Horizon synthetic crude oil dropping under $20/bbl, the company reported last week.
March 6, 2018, 6 AM MST
Baytex Energy Corp. expects current wide differentials to be temporary.
March 6, 2018, 10:45 AM MST
Raging River Exploration Inc. believes it can enhance shareholder value through a strategic repositioning process, which the company’s board of directors has launched.
March 6, 2018, 9:47 AM MST
Tamarack Valley Energy Ltd.’s output hit a record in the fourth quarter of 2017, climbing to 22,807 boe/d.
March 6, 2018, 9:21 AM MST