All financial information contained within this news release has been prepared in accordance with U.S. GAAP. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the “Forward-Looking Information and Statements” at the conclusion of this news release. Readers are also referred to “Information Regarding Reserves, Resources and Operational Information”, “Notice to U.S. Readers” and “Non-GAAP Measures” at the end of this news release for information regarding the presentation of the financial, reserves, contingent resources and operational information in this news release, as well as the use of certain financial … Continue Reading
Pinnacle Renewable Energy Reports Fiscal 2018 Fourth Quarter and Year-End Results and Announces New Off-take Contracts in Japan and South Korea
/NOT FOR DISTRIBUTION IN THE UNITED STATES/
VANCOUVER, Feb. 21, 2019 /CNW/ – Pinnacle Renewable Energy (“Pinnacle” or the “Company”) (TSX: PL) today announced its financial results for the 13-week period (“Q4 2018”) and 52-week period (“Fiscal 2018”) ended December 28, 2018.
Financial Summary
Keyera Corp. Announces 2018 Year End Results
CALGARY, Feb. 21, 2019 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced its year end 2018 financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera’s website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera’s website or Keyera’s filings on SEDAR at www.sedar.com.
HIGHLIGHTS
Pembina Pipeline Corporation Reports Record Annual Results in 2018
Pembina reports record setting annual results following full year contribution from strategic acquisition of Veresen and portfolio of growth projects.
All financial figures are in Canadian dollars unless noted otherwise.
CALGARY, Feb. 21, 2019 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth quarter and full year 2018.
Operational and Financial Overview
($ millions, except where noted)
3 Months Ended
December 31
(unaudited)
12 Months Ended
December 31
2018
2017(1)
2018
2017(1)
Revenue
1,726
1,716
7,351
5,400
Net revenue(2)
706
709
2,836
2,238
Share of … Continue Reading
Obsidian Energy Announces Gordon Ritchie to replace Jay W. Thornton as Chairman of the Board of Directors
CALGARY, Feb. 21, 2019 /CNW/ – OBSIDIAN ENERGY LTD. (TSX â OBE, NYSE â OBE.BC) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announces that Gordon Ritchie will replace Jay W. Thornton as Chairman of the Board of Directors (the “Board“). Mr. Thornton has resigned his Board position effective as of the close of business on Wednesday, February 20, 2019 due to personal reasons.
Mr. Ritchie commented “I would like to thank Jay for his time on the Board and acting as Chairman. As I embark in this new role as Chairman, I look forward to working with the … Continue Reading
Notice of Financial and Operating Results for the Fourth Quarter of 2018 and Conference Call
CALGARY, Feb. 21, 2019 /CNW/ – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company“), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey, will announce its consolidated financial and operating results for Q4 2018, and for the year ended December 31, 2018, in addition to year-end 2018 reserves before markets open on March 14, 2019.
The management team will host an investor and analyst conference call and question session at 9:00 a.m. (Calgary), 11:00 a.m. (Toronto), 3:00 p.m. (London) … Continue Reading
First Energy Metals Provides Corporate Update and Announces Private Placement
TSX VENTURE EXCHANGE: FE
U.S. 20-F Registration: 000-29870
OTC BULLETIN BOARD: ASKDF
FRANKFURT STOCK EXCHANGE: A2JC89
VANCOUVER, Feb. 20, 2019 /CNW/ – First Energy Metals Ltd. (TSX-V: FE or the “Company) has commenced its previously announced exploration drill program on December 12, 2018 but due to poor weather conditions there have been delays in the completion of the exploration program. The Company expects to complete the drill program in the coming weeks.
The Company is pleased to report that its shareholders approved all of the motions presented at its Annual General Meeting held on February 19, 2019.
The … Continue Reading
Source Energy Services Announces Changes to its Board of Directors, Fourth Quarter Operational Update and Other Matters
TSX: SHLE
CALGARY, Feb. 20, 2019 /CNW/ – Source Energy Services Ltd. (“Source” or the “Company”) announces changes to its Board of Directors. Mr. A.S. (Stew) Hanlon has been appointed as Chairman of the Board of Directors, while Mr. Cody Church has resigned from the Board of Directors and will be replaced by Mr. Michael (Mick) MacBean, under the terms of the TriWest Capital Partners (“TriWest”) Nomination Agreement with Source. Mr. MacBean will hold office until the earlier of the close of the next annual meeting of the shareholders of the Corporation or until his successor is elected … Continue Reading
Tourmaline adds 338 mmboe of reserves in 2018, 2P reserves increased to 2.46 billion boe
CALGARY, Feb. 20, 2019 /CNW/ – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to report very strong total reserve growth, liquids reserve growth and a continued reserve value increase in the current depressed natural gas price environment. The Company executed on the 2017-2018 plan to concentrate almost entirely on internal EP growth and has produced the best reserve metrics in the Company’s 10 year history over the past two years.
RESERVE HIGHLIGHTS
Vistra Energy and Crius Energy Trust Agree to Amend Purchase Agreement to Reflect an Improved Purchase Price for Vistra’s Pending Acquisition of Crius Energy’s Attractive Retail Electricity and Gas Portfolio
IRVING, TX, Feb. 20, 2019 /CNW/ – Vistra Energy (NYSE: VST) and Crius Energy Trust (TSX: KWH.UN) have entered into an amendment to their existing purchase agreement pursuant to which Vistra has agreed to increase its acquisition price for Crius Energy such that unitholders of Crius Energy will now receive C$8.80 per trust unit, an increase of C$1.23 per trust unit from the parties’ prior agreement. The purchase price is in addition to Crius Energy’s previously-declared C$0.209 per unit distribution for the first quarter of 2019.
Vistra and Crius Energy negotiated the amendment in response to the receipt by … Continue Reading
Valeura Announces Commencement of Drilling at The Devepinar-1 Appraisal Well and Inanli-1 Completion Programme
CALGARY, Feb. 20, 2019 /CNW/ – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company“), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey, is pleased to announce the commencement of drilling operations at the Devepinar-1 appraisal well and an update on the completion programme for the Inanli-1 well.
Devepinar-1 drilling
Valeura spudded the Devepinar-1 appraisal well on February 19, 2019, approximately 20 km to the west of the Inanli-1 appraisal well. The location was selected by Valeura and its partners Equinor Turkey B.V. (“Equinor”), and Pinnacle … Continue Reading
Valeura Announces Commencement of Drilling at The Devepinar-1 Appraisal Well and Inanli-1 Completion Programme
CALGARY, Feb. 20, 2019 /CNW/ – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company“), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey, is pleased to announce the commencement of drilling operations at the Devepinar-1 appraisal well and an update on the completion programme for the Inanli-1 well.
Devepinar-1 drilling
Valeura spudded the Devepinar-1 appraisal well on February 19, 2019, approximately 20 km to the west of the Inanli-1 appraisal well. The location was selected by Valeura and its partners Equinor Turkey B.V. (“Equinor”), and Pinnacle … Continue Reading
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