Investor Presentation
|
|
- Hollie Cameron
- 5 years ago
- Views:
Transcription
1 Investor Presentation September 2018
2 Disclaimer This presentation is not, and under no circumstances is to be construed to be a prospectus, offering memorandum, advertisement or public offering of any securities of MEG Energy Corp. ( MEG ). Neither the United States Securities and Exchange Commission (the SEC ) nor any other state securities regulator nor any securities regulatory authority in Canada or elsewhere has assessed the merits of MEG s securities or has reviewed or made any determination as to the truthfulness or completeness of the disclosure in this document. Any representation to the contrary is an offence. Recipients of this presentation are not to construe the contents of this presentation as legal, tax or investment advice and recipients should consult their own advisors in this regard. MEG has not registered (and has no current intention to register) its securities under the United States Securities Act of 1933, as amended (the U.S. Securities Act ), or any state securities or blue sky laws and MEG is not registered under the United States Investment Act of 1940, as amended. The securities of MEG may not be offered or sold in the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Without limiting the foregoing, please be advised that certain financial information relating to MEG contained in this presentation was prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from generally accepted accounting principles in the United States and elsewhere. Accordingly, financial information included in this document may not be comparable to financial information of United States issuers. The information concerning petroleum reserves and resources appearing in this document was derived from a report of GLJ Petroleum Consultants Ltd. dated effective as of December 31, 2017, which has been prepared in accordance with the Canadian Securities Administrators National Instrument entitled Standards of Disclosure for Oil and Gas Activities ( NI ) at that time. The standards of NI differ from the standards of the SEC. The SEC generally permits U.S. reporting oil and gas companies in their filings with the SEC, to disclose only proved, probable and possible reserves, net of royalties and interests of others. NI , meanwhile, permits disclosure of estimates of contingent resources and reserves on a gross basis. As a consequence, information included in this presentation concerning our reserves and resources may not be comparable to information made by public issuers subject to the reporting and disclosure requirements of the SEC. There are significant differences in the criteria associated with the classification of reserves and contingent resources. Contingent resource estimates involve additional risk, specifically the risk of not achieving commerciality, not applicable to reserves estimates. There is no certainty that it will be commercially viable to produce any portion of the resources. The estimates of reserves, resources and future net revenue from individual properties may not reflect the same confidence level as estimates of reserves, resources and future net revenue for all properties, due to the effects of aggregation. Further information regarding the estimates and classification of MEG s reserves and resources is contained within the Corporation s public disclosure documents on file with Canadian Securities regulatory authorities, and in particular, within MEG s most recently filed annual information form (the AIF ). MEG s public disclosure documents, including the AIF, may be accessed through the SEDAR website ( at MEG s website ( or by contacting MEG s investor relations department. Anticipated netbacks are calculated by adding anticipated revenues and other income and subtracting anticipated royalties, operating costs, transportation costs and realized commodity risk management gains(losses) from such amount. INVESTOR PRESENTATION
3 Disclosure Advisories FORWARD-LOOKING INFORMATION This document may contain forward-looking information including but not limited to: expectations of future production, revenues, expenses, cash flow, operating costs, steam-oil ratios, regulatory approvals, pricing differentials, reliability, profitability, emission intensity and capital investments; estimates of reserves and resources; the anticipated reductions in operating costs as a result of optimization and scalability of certain operations; and the anticipated sources of funding for operations and capital investments. Such forward-looking information is based on management's expectations and assumptions regarding future growth, results of operations, production, future capital and other expenditures, plans for and results of drilling activity, environmental matters, regulatory processes, business prospects and opportunities. By its nature, such forward-looking information involves significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks associated with the oil and gas industry, for example, the securing of adequate supplies and access to markets and transportation infrastructure; the availability of capacity on the electricity transmission grid; the uncertainty of reserve and resource estimates; the uncertainty of estimates and projections relating to production, costs and revenues; health, safety and environmental risks; risks of legislative and regulatory changes to, amongst other things, tax, land use, royalty and environmental laws; assumptions regarding and the volatility of commodity prices, interest rates and foreign exchange rates, and, risks and uncertainties related to commodity price, interest rate and foreign exchange rate swap contracts and/or derivative financial instruments that MEG may enter into from time to time to manage its risk related to such prices and rates; risks and uncertainties associated with securing and maintaining the necessary regulatory approvals and financing to proceed with MEG s future phases and the expansion and/or operation of MEG s projects; risks and uncertainties related to the timing of completion, commissioning, and start-up, of MEG s future phases, expansions and projects; the operational risks and delays in the development, exploration, production, and the capacities and performance associated with MEG's projects; and uncertainties arising in connection with any future disposition of assets. Although MEG believes that the assumptions used in such forward-looking information are reasonable, there can be no assurance that such assumptions will be correct. Accordingly, readers are cautioned that the actual results achieved may vary from the forward-looking information provided herein and that the variations may be material. Readers are also cautioned that the foregoing list of assumptions, risks and factors is not exhaustive. Further information regarding the assumptions and risks inherent in the making of forward-looking statements can be found in MEG s most recently filed AIF, along with MEG's other public disclosure documents. Copies of the AIF and MEG's other public disclosure documents are available through the SEDAR website which is available at The forward-looking information included in this document is expressly qualified in its entirety by the foregoing cautionary statements. Unless otherwise stated, the forward-looking information included in this document is made as of the date of this document and MEG assumes no obligation to update or revise any forwardlooking information to reflect new events or circumstances, except as required by law. INVESTOR PRESENTATION
4 Disclosure Advisories NON-GAAP MEASURES Certain financial measures within this presentation including cash operating netback and corporate netback are non-gaap measures. These terms are not defined by International Financial Reporting Standards ( IFRS ) and, therefore, may not be comparable to similar measures provided by other companies. These non- GAAP financial measures should not be considered in isolation or as an alternative for measures of performance prepared in accordance with IFRS. Cash operating netback is the per-unit calculation of operating cash flow. Operating cash flow is a non-gaap measure widely used in the oil and gas industry as a supplemental measure of the Corporation s efficiency and its ability to fund future capital investments. Operating cash flow is calculated by deducting the related diluent expense, transportation expense, operating expenses, royalties and realized commodity risk management gains or losses from petroleum revenue proprietary, transportation, and power revenues. The per unit-calculation of operating cash flow, defined as cash operating netback, is calculated by deducting the related diluent expense, transportation, operating costs, royalties and realized commodity risk management gains or losses from petroleum revenue proprietary, transportation, and power revenues, on a per barrel of bitumen sales volume basis. Corporate netback is a further measure of the Corporation s ability to fund future capital investments. Corporate netback is calculated by further deducting general and administrative expense and net finance expense, on a per barrel of bitumen sales volume basis, from cash operating netback. MARKET DATA This presentation contains statistical data, market research and industry forecasts that were obtained from government or other industry publications and reports or based on estimates derived from such publications and reports and management s knowledge of, and experience in, the markets in which MEG operates. Government and industry publications and reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. Often, such information is provided subject to specific terms and conditions limiting the liability of the provider, disclaiming any responsibility for such information, and/or limiting a third party s ability to rely on such information. None of the authors of such publications and reports has provided any form of consultation, advice or counsel regarding any aspect of, or is in any way whatsoever associated with, MEG. Further, certain of these organizations are advisors to participants in the oil sands industry, and they may present information in a manner that is more favourable to that industry than would be presented by an independent source. Actual outcomes may vary materially from those forecast in such reports or publications, and the prospect for material variation can be expected to increase as the length of the forecast period increases. While management believes this data to be reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any market or other survey. Accordingly, the accuracy, currency and completeness of this information cannot be guaranteed. None of MEG, its affiliates or the underwriters has independently verified any of the data from third party sources referred to in this presentation or ascertained the underlying assumptions relied upon by such sources. INVESTOR PRESENTATION
5 Vision 20/20 Transforming Our Business MEG IS FOCUSED ON 5 STRATEGIC PRIORITIES TO BUILD A MORE ROBUST, SUSTAINABLE BUSINESS BY 2020 Optimize balance sheet 2-3x Net Debt/EBITDA* Advance technologies Lower SOR, minimized operating costs and lower capital intensity Enhance business sustainability Further cash cost reduction of $3/bbl and strong environmental performance Maximize revenue per barrel Capacity to ship 2/3 of blend sales to Gulf Coast market and flexible rail strategy Generate free cash flow Offers flexible growth plan that is responsive to market conditions * Assumes US$65/bbl WTI, C$/US$ FX of 1.22, and WTI:WCS differential of US$20/bbl INVESTOR PRESENTATION
6 Optimize Balance Sheet STRONGER BALANCE SHEET ENABLES ADVANCEMENT OF KEY GROWTH PROJECTS, PROVIDES GREATER STRATEGIC OPTIONALITY AND SUPPORTS ORGANIC DE-LEVERING THROUGH TO 2020 Actions Taken Refinanced and extended near-term maturities Vision 20/20 Fully funded growth to 113kbpd Reduce Net Debt/EBITDA to 2-3x Raised $518M to fund highly economic emsagp growth Sale of 50% interest in Access Pipeline and Stonefell Terminal * Production and Net Debt/ EBITDA Forecast assumes: constant WTI price of US$65/bbl, C$/US$ FX of 1.22 from , WTI:WCS differential range of US$20-23, the full ramp-up of Phase 2B emsagp to 20,000 bpd by early 2019 and the completion of the 13,000 bpd 2B brownfield expansion by early 2020 INVESTOR PRESENTATION
7 Advance Technologies THE APPLICATION OF NEW TECHNOLOGY HAS TRANSFORMED OUR BUSINESS TO A LOW-COST, CONTINUOUS GROWTH MODEL, WITH ADDITIONAL UPSIDE AS emsagp AND emvapex PROGRESS INVESTOR PRESENTATION
8 High-Return, Short-Cycle Growth FULLY FUNDED PLAN TO GROW CHRISTINA LAKE PRODUCTION TO 113 KBPD IN 2020 WITH RUNNING ROOM TO PERMITTED 210 KBPD BEYOND 2020 Growth Projects Delivering 113 kbpd in 2020 Phase 2B emsagp 20,000 cost ~55% $65 WTI Capital spend complete, production to exit 2018 >100 kbpd Phase 2B Brownfield Expansion 13,00 cost ~35% WTI Production to ramp up in 2H19, reaching full capacity in early 2020 * The growth projects generate sustainable returns through 50-year+ economic lives * IRR assumes: constant WTI price of US$65/bbl, C$/US$ FX of 1.22 from , WTI/WSC differential range of US$20-23, the full ramp-up of Phase 2B emsagp to 20,000 bpd by early 2019 and the completion of the 13,000 bpd 2B brownfield expansion by early 2020 INVESTOR PRESENTATION
9 Free Cash Flow Generation MEG IS WELL-POSITIONED TO DELIVER LONG-TERM SHAREHOLDER VALUE THROUGH A COMBINATION OF GROWTH AND FREE CASH FLOW Free Cash Flow Forecast Free Cash Flow Optionality Surplus cash flow may be directed to any one or combination of options, dependent on business and market conditions, including: Debt repayment Growth Return to shareholders * For illustrative purposes only INVESTOR PRESENTATION
10 2018 Capital Investment Plan WITH THE TURNAROUND AND ESSENTIALLY ALL emsagp GROWTH CAPITAL COMPLETE, 2H18 WILL FOCUS ON PHASE 2B BROWNFIELD EXPANSION Revised Capital Investment Plan $ millions emsagp growth capital emvapex and future growth capital Phase 2B brownfield expansion. Sustaining and maintenance Field infrastructure, corporate & other. Total 2018 Capital Investment. $100 $90 $170 $250 $60 $670 * $330MM spent in 1H18 Over 98% of 2018 capital is dedicated towards high-return projects to develop Christina Lake * Revised from the previously announced $700 million to reflect improved capital cost efficiencies INVESTOR PRESENTATION
11 Strong Operational Performance ACHIEVED RECORD PRODUCTION OF 98,000 BPD IN JULY 2018 WITH INDIVIDUAL DAYS EXCEEDING 100,000 BPD, SUPPORTING IMPROVED GUIDANCE Historical Production Operational Guidance $4.50 to $5.00 per barrel Non-energy operating costs Reduced from original guidance of $4.75 to 5.25/bbl 87,000 to 90,000 bpd Average production Increased from original guidance of 85,000 to 88,000 bpd ~100,000 bpd 2018 exit production INVESTOR PRESENTATION
12 Reservoir Enhancement with emsagp* A MODIFICATION OF SAGD Inject non-condensable gas (NCG) to maintain reservoir pressure, reducing steam injection by >50% via scavenging heat from hot reservoir rocks, while sustaining production in the original SAGD wells. The net amount of gas injected is significantly less than the Warmed bitumen is pushed toward infill well by pressure difference and gravity Freed-up steam is re-diverted to new SAGD well pairs to increase production. amount saved through SOR reduction. * enhanced Modified Steam and Gas Push, Canadian Patent 2,776,704 ** Steam and Gas Push (SAGP) is an invention by Dr. Roger Butler INVESTOR PRESENTATION
13 Phase 1 and 2 emsagp Performance emsagp INCREASES RECOVERY AT LOWER SORS Phase 1 has resulted in a >50% SOR reduction and an estimated 10% increase in recovery relative to SAGD Phase 2, which is ~10x the size of Phase 1, has demonstrated similar success Phases 1 and 2 Overall Performance Recovery to Date Average SOR Initial SAGD Phase 28% 2.6 emsagp Phase (in progress) 35% 1.6 Cumulative Progress 63% 2.1 INVESTOR PRESENTATION
14 emvapex Conceptual Model A MODIFICATION OF emsagp Inject condensable gas (CG) to: Warmed bitumen mixed with light hydrocarbon is pushed toward infill well by pressure difference and gravity Maintain reservoir pressure, reducing steam injection to near zero Dilute the warm bitumen to further improve viscosity Partly de-asphalt the bitumen improving API gravity and value of product Freed-up steam is re-diverted to new SAGD well pairs to increase production. INVESTOR PRESENTATION
15 Maximizing Revenue Per Barrel MEG S HUB & SPOKE MARKETING STRATEGY USES A NETWORK OF PIPELINES, RAIL AND STORAGE FACILITIES TO ACCESS WORLD MARKETS & MITIGATE EGRESS RISK Marketing Network U.S. Gulf Coast Secure transport on Flanagan South / Seaway for 50,000 bpd doubling to 100,000 bpd in mid-2020 West Coast Shipper on Trans Mountain Expansion Rail Access Rail loading capacity of up to 20,000 25,000 bbl/d Storage Facilities North American storage network with ~2.4 million bbl/d of capacity INVESTOR PRESENTATION
16 Growing Canadian Heavy Imports to USGC CANADIAN HEAVY CRUDE IS GAINING MARKET SHARE AT USGC, PROVIDING STABLE VOLUMES TO GLOBAL MARKET Canadian Heavy Crude Oil Imports to PADD III Market Share at USGC Source: U.S. Energy Information Administration.(July 2018.) All data as of April Heavy crude defined as an API gravity less than 27. INVESTOR PRESENTATION
17 MEG s Gulf Coast Advantage MEG RECEIVES SUPERIOR NETBACKS AT USGC WITH FIXED TRANSPORT OF 50,000 BPD DOUBLING TO 100,000 BPD IN MID-2020 Prices shown USD discount vs WTI v All values shown are per barrel 2Q18 2H18F* *Indicative pricing as of August 2, 2018 Average WCS vs Edmonton/PADD II -$ $25.00 Approximate Transportation (Hardisty to USGC) -$7 to 8 -$7 to 8 Average WCS vs USGC -$2.15 -$2.50 Approximate Netback Improvement at USGC Via Pipe ~$9.65 ~$15.00 MEG expects to deliver 30,000 to 35,000 bpd to USGC in 2H18 The table is reflective of WCS spot pricing. MEG s realization will vary as the Company sells AWB blend, which typically trades at a $1-3/bbl discount to WCS. At the USGC, MEG has committed forward sales at a fixed price in 2H18, which will also impact realized pricing. USGC spot price for 2H18 forecasted to provide ~US$15/bbl uplift vs PADD II INVESTOR PRESENTATION
18 Environmental Performance MEG S FOCUS ON TECHNOLOGY AND ITS COMMITMENT TO ENVIRONMENTAL STEWARDSHIP HAS RESULTED IN REDUCTIONS TO GHG EMISSIONS, WATER USE AND OPERATIONAL FOOTPRINT *MEG s net GHG data has been third-party verified. In-situ industry average estimate is calculated based on the most recent reported data to Environment Canada, Alberta Energy Regulator, and Alberta Electric System Operator. Net GHG intensity includes the benefit of cogeneration for MEG and applicable industry peers. INVESTOR PRESENTATION
19 Continued Efficiency Gains Drive Lower Costs HIGHLY-ECONOMIC GROWTH EXPECTED TO FURTHER REDUCE CASH COSTS BY $3 PER BARREL BY 2020 Per barrel costs and netbacks are calculated based on sales volume ** Net finance expense includes net interest expense, accretion on provisions, unrealized gain/loss on derivative financial liabilities and realized gain/loss on interest rate swaps INVESTOR PRESENTATION
20 Appendix INVESTOR PRESENTATION September 2018
21 Balance Sheet Management FOCUSED ON FURTHER STRENGTHENING THE BALANCE SHEET TO BE WELL-POSITIONED THROUGHOUT THE CYCLE Debt Maturities C$564MM Cash Position US$2,782MM Total Debt INVESTOR PRESENTATION
22 Hedging Program WITH CASH RESERVES, HIGHER COMMODITY PRICES AND LOWER ANTICIPATED LEVELS OF CAPITAL SPEND IN 2019, THE PERCENTAGE OF BARRELS HEDGED IS EXPECTED TO BE SUBSTANTIALLY LOWER GOING FORWARD Crude oil hedges in place as of August 1, 2018 in US$ * Percentage of hedged volumes are based on the mid-point of 2018 annual production guidance of 87,000-90,000 bpd and assumes a blend ratio of 0.45 barrel of diluent per barrel of bitumen INVESTOR PRESENTATION
23 Substantial Reserves and Resources REGULATORY APPROVAL IN PLACE OR IN PROCESS FOR NEARLY 500,000 BPD OF POTENTIAL RESOURCE DEVELOPMENT * 2018 production guidance Evaluated by GLJ Exploration lands Proved and Probable Reserves barrels in millions Proved 1,399 Probable 1,437 2,836 Based on GLJ Reserve Report dated effective as of December 31, 2017 INVESTOR PRESENTATION
24 Notes INVESTOR PRESENTATION
25 Investor Relations September 2018 Helen Kelly Director, Investor Relations John Rogers VP, Investor Relations and External Communications
Investor Presentation February 2018
Investor Presentation February 2018 Disclaimer This presentation is not, and under no circumstances is to be construed to be a prospectus, offering memorandum, advertisement or public offering of any securities
More informationDelivering Profitable Growth. Investor Presentation
Delivering Profitable Growth Investor Presentation JANUARY 2012 Disclaimer This presentation is not, and under no circumstances is to be construed to be a prospectus, offering memorandum, advertisement
More informationFIRST QUARTER 2018 Report to Shareholders for the period ended March 31, 2018
FIRST QUARTER 2018 Report to Shareholders for the period ended March 31, 2018 MEG Energy Corp. reported first quarter 2018 operating and financial results on May 10, 2018. Highlights include: Record first
More informationSECOND QUARTER 2018 Report to Shareholders for the period ended June 30, 2018
SECOND QUARTER 2018 Report to Shareholders for the period ended June 30, 2018 MEG Energy Corp. reported second quarter 2018 operating and financial results on August 2, 2018. Highlights include: Quarterly
More informationCREATING SUSTAINABLE. VALUE April Investor Presentation
CREATING SUSTAINABLE VALUE April Investor Presentation Objectives & Priorities Focus on capital discipline and free cash flow generation Debt reduction and balance sheet strength Improve market access
More informationFOURTH QUARTER 2017 Report to Shareholders for the period ended December 31, 2017
FOURTH QUARTER 2017 Report to Shareholders for the period ended, 2017 MEG Energy Corp. reported fourth quarter and full-year 2017 operating and financial results on February 8, 2018. Highlights include:
More informationManagement's Discussion and Analysis
Management's Discussion and Analysis This Management's Discussion and Analysis ("MD&A") of the financial condition and performance of MEG Energy Corp. ("MEG" or the "Corporation") for the year ended December
More informationFOURTH QUARTER 2013 Report to Shareholders for the period ended December 31, 2013
FOURTH QUARTER 2013 Report to Shareholders for the period ended, 2013 MEG Energy Corp. reported fourth quarter and full year 2013 operational and financial results on February 6, 2014. Highlights included:
More informationANNUAL REPORT
2015 ANNUAL REPORT MEG Energy Corp. is a Canadian energy company focused on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta. Strategic. Innovative.
More informationYEAR AFTER YEAR 2014 ANNUAL REPORT
YEAR AFTER YEAR 2014 ANNUAL REPORT c MEG Energy Corp. is a Canadian energy company focused on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta. Operational
More informationANNUAL REPORT. Innovative. Innovative. Sustainable. Profitable.
2016 ANNUAL REPORT Innovative. Innovative. Sustainable. Profitable. A solid foundation MEG Energy Corp. is a Canadian energy company focused on sustainable in situ development and production in the southern
More informationValue Creation Opportunity For All Shareholders Better Together
Value Creation Opportunity For All Shareholders Better Together Benefits to MEG Shareholders Benefits to Husky Shareholders 44% premium over MEG s 10-day volume-weighted average share price of $7.62 per
More informationDriving New Growth TSX:PGF. Peters & Co Presentation September 11, 2018
Driving New Growth Peters & Co Presentation September 11, 2018 Advisories Caution Regarding Forward Looking Information: This presentation contains forward-looking statements within the meaning of securities
More informationAthabasca Oil Corporation Announces 2018 Year end Results
FOR IMMEDIATE RELEASE March 6, 2019 Athabasca Oil Corporation Announces 2018 Year end Results CALGARY Athabasca Oil Corporation (TSX: ATH) ( Athabasca or the Company ) is pleased to provide its 2018 year
More informationCONNACHER OIL AND GAS LIMITED MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2015 OVERVIEW
CONNACHER OIL AND GAS LIMITED MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2015 This Management s Discussion and Analysis ( MD&A ) for Connacher Oil and Gas Limited
More informationDriving New Growth TSX:PGF. TD Securities Calgary Energy Conference July 10-11, 2018
Driving New Growth TD Securities Calgary Energy Conference July 10-11, 2018 Advisories Caution Regarding Forward Looking Information: This presentation contains forward-looking statements within the meaning
More informationPENGROWTH ANNOUNCES FIRST QUARTER 2018 RESULTS, SETTING THE STAGE FOR DOUBLE-DIGIT PRODUCTION GROWTH IN 2018
NEWS RELEASE Stock Symbols: PGF - TSX PGH - NYSE PENGROWTH ANNOUNCES FIRST QUARTER 2018 RESULTS, SETTING THE STAGE FOR DOUBLE-DIGIT PRODUCTION GROWTH IN 2018 (Calgary, Alberta, May 1, 2018) Pengrowth Energy
More informationHeavy Oil. Gems. November TSX:PXX; OMX:PXXS
Heavy Oil TSX:PXX; OMX:PXXS November 2010 Gems www.blackpearlresources.ca 1 Introduction Corporate: Symbol: PXX, PXXS Exchanges: TSX, OMX Shares Outstanding (MM): Basic (1) 282.9 Fully Diluted(options
More information2018 Annual General Meeting The New Pengrowth
2018 Annual General Meeting The New Pengrowth 2018 AGM: The New Pengrowth 1 June 26, 2018 New Pengrowth A RESOURCE DEVELOPER MODEL Capitalization Trading Symbols Market Capitalization Debt Enterprise Value
More informationRBC Capital Markets GLOBAL ENERGY AND POWER CONFERENCE
RBC Capital Markets GLOBAL ENERGY AND POWER CONFERENCE New York, New York June 2, 2014 Geoff Darcy, Senior Vice President, Marketing Brian Ector, Senior Vice President, Capital Markets and Pubic Affairs
More informationPENGROWTH ENERGY CORPORATION SECOND QUARTER RESULTS
PENGROWTH ENERGY CORPORATION 2018 SECOND QUARTER RESULTS SUMMARY OF FINANCIAL & OPERATING RESULTS (monetary amounts in millions except per boe and per share amounts) As adjusted % Change As adjusted %
More informationBAYTEX REPORTS Q RESULTS
BAYTEX REPORTS Q1 2015 RESULTS CALGARY, ALBERTA (May 5, 2015) - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months ended March 31, 2015 (all
More informationCanadian Oil Sands Summit. Grizzly Oil Sands
Canadian Oil Sands Summit February 2014 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking statements
More informationA New Approach to the Oil Sands ANNUAL REPORT
A New Approach to the Oil Sands 2017 ANNUAL REPORT MEG Energy Corp. is a Canadian energy company focused on sustainable in situ development and production in the southern Athabasca oil sands region of
More informationHusky Energy Proposes to Acquire MEG Energy for $11 per Share in Cash and Shares in Transaction Valued at $6.4 Billion
Calgary, Alberta September 30, 2018 Husky Energy Proposes to Acquire MEG Energy for $11 per Share in Cash and Shares in Transaction Valued at $6.4 Billion Delivers immediate 44% premium for MEG shareholders
More informationCanadian Natural Resources Limited MANAGEMENT S DISCUSSION AND ANALYSIS
Canadian Natural Resources Limited MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, AND MANAGEMENT S DISCUSSION AND ANALYSIS Forward-Looking Statements Certain statements
More informationBengal Energy Announces Fourth Quarter and Fiscal 2018 Year End and Reserve Results
June 19, 2018 Bengal Energy Announces Fourth Quarter and Fiscal 2018 Year End and Reserve Results Calgary, Alberta Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial
More informationContinuing Success in Heavy Oil
Continuing Success in Heavy Oil Corporate Presentation March 2018 Advisory FORWARD-LOOKING STATEMENTS: This presentation contains certain forward-looking statements and forward-looking information (collectively
More informationBAYTEX ANNOUNCES 2019 BUDGET
BAYTEX ANNOUNCES 2019 BUDGET CALGARY, ALBERTA (December 17, 2018) - Baytex Energy Corp. ( Baytex ) (TSX, NYSE: BTE) announces that its Board of Directors has approved a 2019 capital budget of $550 to $650
More informationFINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2018)
FOR IMMEDIATE RELEASE: May 14, 2018 TSX SYMBOLS: ZAR; ZAR.DB.A ZARGON OIL & GAS LTD. PROVIDES 2018 FIRST QUARTER RESULTS AND PROVIDES SECOND HALF 2018 GUIDANCE CALGARY, ALBERTA Zargon Oil & Gas Ltd. (
More informationBAYTEX REPORTS Q RESULTS WITH CONTINUED STRONG EAGLE FORD PERFORMANCE
BAYTEX REPORTS Q1 2018 RESULTS WITH CONTINUED STRONG EAGLE FORD PERFORMANCE CALGARY, ALBERTA (May 3, 2018) - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2017 FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE Commenting on the Company's results, Steve Laut, Executive Vice-Chairman
More informationBLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) 215-8313 Fax (403) 265-8324 www.blackpearlresources.ca NEWS RELEASE August 9, 2016 BLACKPEARL ANNOUNCES SECOND QUARTER 2016
More informationCenovus Energy Inc. Management s Discussion and Analysis For the Period Ended June 30, 2010 (Canadian Dollars)
Management s Discussion and Analysis For the Period Ended June 30, 2010 (Canadian Dollars) This Management s Discussion and Analysis ( MD&A ) for ( Cenovus, we, our, us or the Company ), dated July 28,
More informationBLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) 215-8313 Fax (403) 265-5359 www.blackpearlresources.ca NEWS RELEASE May 2, 2018 BLACKPEARL ANNOUNCES FIRST QUARTER 2018 FINANCIAL
More informationA SPRINGBOARD FOR GROWTH
A SPRINGBOARD FOR GROWTH May 2011 1 TSX:PXX OMX:PXXS www.blackpearlresources.ca Cautionary Statements FORWARD LOOKING STATEMENTS This presentation contains certain forward looking statements and forward
More informationSolid results, significant upside NOVEMBER 2016 INVESTOR PRESENTATION OSUM OIL SANDS CORP.
Solid results, significant upside NOVEMBER 2016 INVESTOR PRESENTATION OSUM OIL SANDS CORP. Disclaimer Forward Looking Statements This presentation contains statements that may constitute "forward-looking
More informationFirst Quarter Report 2018
First Quarter Report 2018 For the three month period ended March 31, 2018 MANAGEMENT S DISCUSSION AND ANALYSIS This Management s Discussion and Analysis ( MD&A ) should be read in conjunction with the
More informationConnacher Announces Q Results
August 28, 2018 MEDIA RELEASE FOR IMMEDIATE RELEASE Connacher Announces Q2 2018 Results Calgary, Alberta - Connacher Oil and Gas Limited ( Connacher or the Company ) announces its financial and operating
More informationBLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) 215-8313 Fax (403) 265-8324 www.blackpearlresources.ca NEWS RELEASE August 4, 2015 BLACKPEARL ANNOUNCES SECOND QUARTER 2015
More informationCOMPANIES CREDITORS ARRANGEMENT ACT ( CCAA ) PROCEEDING AND STATUS
CONNACHER OIL AND GAS LIMITED MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED MARCH 31, 2018 This Management s Discussion and Analysis ( MD&A ) for Connacher Oil and Gas Limited ( Connacher
More informationBLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) 215-8313 Fax (403) 265-8324 www.blackpearlresources.ca NEWS RELEASE May 4, 2016 BLACKPEARL ANNOUNCES FIRST QUARTER 2016 FINANCIAL
More informationBAYTEX ANNOUNCES 2018 BUDGET AND BOARD SUCCESSION
BAYTEX ANNOUNCES 2018 BUDGET AND BOARD SUCCESSION CALGARY, ALBERTA (December 7, 2017) - Baytex Energy Corp. ( Baytex ) (TSX, NYSE: BTE) announces that its Board of Directors has approved a 2018 capital
More informationTamarack Valley Energy Ltd. Announces Third Quarter 2018 Production and Financial Results Driven by Record Oil Weighting
TSX: TVE Tamarack Valley Energy Ltd. Announces Third Quarter 2018 Production and Financial Results Driven by Record Oil Weighting Calgary, Alberta November 7, 2018 Tamarack Valley Energy Ltd. ( Tamarack
More informationEXECUTING ON 25 PERCENT PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM
EXECUTING ON 25 PERCENT PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM February 1, 2018 1 CORPORATE OVERVIEW KEY STATS PRODUCTION SPLIT (DECEMBER 2017) Capitalization Market Capitalization Debt Enterprise
More informationCEQUENCE ENERGY ANNOUNCES SECOND QUARTER FINANCIAL AND OPERATING RESULTS
CEQUENCE ENERGY ANNOUNCES SECOND QUARTER FINANCIAL AND OPERATING RESULTS CALGARY, August 10, 2017 Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and
More informationTHIRD QUARTER 2014 Report to Shareholders for the period ended September 30, 2014
THIRDQUARTER2014 ReporttoShareholdersfortheperiodendedSeptember30,2014 MEGEnergyCorp.reportedthirdquarter2014operationalandfinancialresultsonOctober29,2014. Highlightsinclude: Record quarterlyproductionof76,471barrelsper
More informationHIGHLIGHTS 10NOV
Q3 2010 10NOV201017244082 HIGHLIGHTS Produced a quarterly record of 44,799 boe/d in Q3/2010 (an increase of 5% from Q3/2009 and 2% from Q2/2010); Generated funds from operations of $112.8 million in Q3/2010
More informationDelivering Growth OSUM OIL SANDS CORP. JANUARY 2018 INVESTOR PRESENTATION
Delivering Growth OSUM OIL SANDS CORP. JANUARY 2018 INVESTOR PRESENTATION 1 DISCLAIMER Forward Looking Statements This presentation contains statements that may constitute "forward-looking statements within
More informationNote: All amounts in Canadian dollars unless otherwise stated.
Press Release CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES BOARD OF DIRECTOR APPROVAL FOR THE HORIZON OIL SANDS PROJECT CALGARY, ALBERTA February 10, 2005 FOR IMMEDIATE RELEASE Canadian Natural Resources
More informationHARVEST ANNOUNCES 2012 YEAR END RESULTS AND RESERVES INFORMATION
Press Release HARVEST ANNOUNCES 2012 YEAR END RESULTS AND RESERVES INFORMATION CALGARY, ALBERTA FEBRUARY 28, 2013: Harvest Operations Corp. (Harvest or the Company) (TSX: HTE.DB.E, HTE.DB.F and HTE.DB.G)
More informationCEQUENCE ENERGY ANNOUNCES OPERATIONAL UPDATE, 2016 FINANCIAL AND OPERATING RESULTS AND RESERVES
CEQUENCE ENERGY ANNOUNCES OPERATIONAL UPDATE, 2016 FINANCIAL AND OPERATING RESULTS AND RESERVES CALGARY, March 13, 2017 Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to provide
More informationBLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) 215-8313 Fax (403) 265-5359 www.blackpearlresources.ca NEWS RELEASE February 22, 2018 BLACKPEARL ANNOUNCES FOURTH QUARTER
More informationOil sands key to building value
Oil sands key to building value Harbir Chhina Executive Vice-President, Oil Sands Investor Day Calgary December 7, 211 Oil sands key to building value Maximizing value at producing properties improving
More informationPETERS & CO. ENERGY CONFERENCE SEPTEMBER 9 11, 2014
PETERS & CO. ENERGY CONFERENCE SEPTEMBER 9 11, 2014 Disclaimer FORWARD-LOOKING STATEMENTS: This presentation contains certain forward-looking statements and forward-looking information (collectively referred
More informationEXECUTING ON PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM
EXECUTING ON PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM MAY 2018 1 CORPORATE OVERVIEW Capitalization Market Capitalization Debt Enterprise Value $584 million $662 million $1,246 million Who are
More informationCenovus oil production anticipated to grow 14% in 2013 Company continues to focus on execution of strategic plan
Cenovus oil production anticipated to grow 14% in 2013 Company continues to focus on execution of strategic plan Calgary, Alberta (December 12, 2012) Cenovus Energy Inc. (TSX, NYSE: CVE) plans to make
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES RECORD QUARTERLY PRODUCTION AND 2012 SECOND QUARTER RESULTS
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES RECORD QUARTERLY PRODUCTION AND SECOND QUARTER RESULTS Commenting on second quarter results, Canadian Natural s Vice-Chairman John Langille stated, Our strategy
More informationDELPHI ENERGY ANNOUNCES CLOSING OF DISPOSITION OF WAPITI ASSETS
DELPHI ENERGY ANNOUNCES CLOSING OF DISPOSITION OF WAPITI ASSETS CALGARY, ALBERTA July 22, 2015 Delphi Energy Corp. ( Delphi or the Company ) is pleased to report that it has closed the previously announced
More informationA SPRINGBOARD FOR GROWTH
A SPRINGBOARD FOR GROWTH Fall 2011 TSX:PXX OMX:PXXS 1 www.blackpearlresources.ca Cautionary Statements FORWARD LOOKING STATEMENTS This presentation contains certain forward looking statements and forward
More informationCenovus oil sands production increases 25% in 2014 Proved bitumen reserves up 7%
Cenovus oil sands production increases 25% in 2014 Proved bitumen reserves up 7% Combined oil sands production averaged more than 128,000 barrels per day (bbls/d) net in 2014, up 25% from 2013. Non-fuel
More informationFor Immediate Release Granite Oil Corp. Announces 2017 Record Year End Reserve Metrics and Operational Update
For Immediate Release Granite Oil Corp. Announces 2017 Record Year End Reserve Metrics and Operational Update CALGARY, ALBERTA (Marketwired March 7, 2018) GRANITE OIL CORP. ( Granite or the Company ) (TSX:GXO)(OTCQX:GXOCF)
More informationCEQUENCE ENERGY ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS
CEQUENCE ENERGY ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS CALGARY, August 10, 2018 Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial
More informationCORPORATE PRESENTATION MARCH 2013
CORPORATE PRESENTATION MARCH 213 Corporate Snapshot Market Capitalization: Current market capitalization: $.75 billion (TSX: PXX $2.5 share @ 2/28/13) Shares outstanding: Basic: 296 million Fully Diluted:
More informationBank of America Merrill Lynch 2016 Energy Credit Conference
Bank of America Merrill Lynch 2016 Energy Credit Conference New York, New York, June 8, 2016 Rod Gray Chief Financial Officer Advisory Forward-Looking Statements In the interest of providing Baytex's shareholders
More informationCEQUENCE ENERGY ANNOUNCES OPERATIONAL UPDATE AND 2014 RESERVES AND FINANCIAL AND OPERATING RESULTS
CEQUENCE ENERGY ANNOUNCES OPERATIONAL UPDATE AND 2014 RESERVES AND FINANCIAL AND OPERATING RESULTS CALGARY, March 5, 2015 Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce
More informationDELPHI ENERGY RELEASES YEAR END 2015 RESERVES
DELPHI ENERGY RELEASES YEAR END 2015 RESERVES CALGARY, ALBERTA February 29, 2016 Delphi Energy Corp. ( Delphi or the Company ) is pleased to report its crude oil and natural gas reserves information for
More informationConnacher Announces Q Results
May 29, 2018 MEDIA RELEASE FOR IMMEDIATE RELEASE Connacher Announces Q1 2018 Results Calgary, Alberta - Connacher Oil and Gas Limited ( Connacher or the Company ) announces its financial and operating
More informationCenovus total proved reserves up 17% to 1.9 billion BOE Cash flow for 2011 increases 36% to $3.3 billion
Cenovus total proved reserves up 17% to 1.9 billion BOE Cash flow for 2011 increases 36% to $3.3 billion Proved bitumen reserves at December 31, 2011 were about 1.5 billion barrels (bbls), a 26% increase
More informationSpring Oil Sands Differently
Spring 2015 Oil Sands Differently Disclaimer Forward Looking Statements This presentation contains statements that may constitute "forward-looking statements within the meaning of applicable securities
More informationACQUISITION OF SPARTAN ENERGY CORP. APRIL 2018
ACQUISITION OF SPARTAN ENERGY CORP. APRIL 2018 ACQUISITION OF SPARTAN ENERGY CORP. ACQUISITION DETAILS Vermilion to acquire Spartan Energy Corp. for total consideration of $1.40 billion, comprised of $1.23
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2015 THIRD QUARTER RESULTS CALGARY, ALBERTA NOVEMBER 5, 2015 FOR IMMEDIATE RELEASE
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES THIRD QUARTER RESULTS CALGARY, ALBERTA NOVEMBER 5, FOR IMMEDIATE RELEASE Commenting on third quarter results, Steve Laut, President of Canadian Natural stated,
More informationFort Hills Sanctioning Investor Conference Call & Webcast
Fort Hills Sanctioning Investor Conference Call & Webcast October 31, 2013 Forward Looking Information Both these slides and the accompanying oral presentation contain certain forward-looking statements
More informationBAYTEX REPORTS Q RESULTS AND BOARD APPOINTMENT
BAYTEX REPORTS Q2 2016 RESULTS AND BOARD APPOINTMENT CALGARY, ALBERTA (July 28, 2016) - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six
More informationNews Release March 7, Parex Resources Announces 2016 Fourth Quarter and Full Year Results
News Release March 7, 2017 Parex Resources Announces 2016 Fourth Quarter and Full Year Results Calgary, Canada Parex Resources Inc. ( Parex or the Company ) (TSX:PXT) is pleased to announce its financial
More informationEXECUTING ON PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM APRIL, 2018
EXECUTING ON PRODUCTION GROWTH FROM A LEANER, LOWER COST PLATFORM APRIL, 2018 CORPORATE OVERVIEW Capitalization Market Capitalization Debt Enterprise Value $491 million $610 million $1,102 million Who
More informationHARVEST OPERATIONS ANNOUNCES YEAR END 2010 RESERVES
News Release Sustainable Growth ANNOUNCES YEAR END 2010 RESERVES Calgary, Alberta February 28, 2011 Harvest Operations Corp. ( Harvest ) (TSX: HTE.DB.D, HTE.DB.E, HTE.DB.F and HTE.DB.G) today announces
More information2018 Q1 FINANCIAL REPORT
2018 Q1 FINANCIAL REPORT FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended March 31, (unaudited) 2018 2017 Financial Income and Investments ($ millions) Petroleum and natural gas sales 9.71 9.69 Percent
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2019 BUDGET CALGARY, ALBERTA DECEMBER 5, 2018 FOR IMMEDIATE RELEASE
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2019 BUDGET CALGARY, ALBERTA DECEMBER 5, 2018 FOR IMMEDIATE RELEASE Commenting on the Company s 2019 budget, Steve Laut, Executive Vice-Chairman of Canadian
More informationPAN ORIENT ENERGY CORP. MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 AND 2017
PAN ORIENT ENERGY CORP. MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 AND 2017 November 13, 2018 Management s Discussion and Analysis The following Management s Discussion
More informationSuncor Energy releases third quarter results
23JUL200813594278 THIRD QUARTER 2008 Report to shareholders for the period ended September 30, 2008 Suncor Energy releases third quarter results All financial figures are unaudited and in Canadian dollars
More informationCanadian Oil Sands Q2 cash flow from operations up 43 per cent
Canadian Oil Sands Q2 cash flow from operations up 43 per cent All financial figures are unaudited and in Canadian dollars unless otherwise noted. TSX - COS Calgary, Alberta (July 26, 2011) Canadian Oil
More informationCenovus Energy Inc. Management s Discussion and Analysis For the Period Ended March 31, 2010 (Canadian Dollars)
Management s Discussion and Analysis For the Period Ended March 31, 2010 (Canadian Dollars) This Management s Discussion and Analysis ( MD&A ) for ( Cenovus, we, our, us or the Company ), dated April 28,
More informationINPLAY OIL CORP. ANNOUNCES 2016 YEAR END RESERVES AND AN OPERATIONS UPDATE
March 14, 2017 INPLAY OIL CORP. ANNOUNCES 2016 YEAR END RESERVES AND AN OPERATIONS UPDATE CALGARY, ALBERTA (March 14, 2017) InPlay Oil Corp. ("InPlay" or the "Company") (TSX:IPO) is pleased to present
More informationFOR IMMEDIATE RELEASE
April 24, 2018 MEDIA RELEASE FOR IMMEDIATE RELEASE Connacher Reports Year-End 2017 Reserves Calgary, Alberta Connacher Oil and Gas Limited ( Connacher or the Company ) announces its year-end reserves as
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2018 FIRST QUARTER RESULTS
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES FIRST QUARTER RESULTS Commenting on first quarter results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The strength of our well balanced
More informationBitumen by Rail or Pipe?
Bitumen by Rail or Pipe? October 2012 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking statements
More informationAnnual and Special Shareholder Meeting May 17, 2018
Annual and Special Shareholder Meeting May 17, 2018 2017 in Review Mandate: Increase light oil exposure Increase netbacks Reduce operating Costs Maintain dividend 2 Grande Prairie Acquisition (March 2017)
More informationObsidian Energy. Peters & Co. Annual Energy Conference. January 2018
Obsidian Energy Peters & Co. Annual Energy Conference January 2018 Important Notices to the Readers This presentation should be read in conjunction with the Company's audited consolidated financial statements,
More informationCanadian Oil Sands announces second quarter 2012 financial results
July 27, 2012 TSX: COS Canadian Oil Sands announces second quarter 2012 financial results All financial figures are unaudited and in Canadian dollars unless otherwise noted. Highlights for the three and
More informationExecutive Overview. Rich Kruger, Chairman, President & CEO
Executive Overview Rich Kruger, Chairman, President & CEO Cautionary statement Statements of future events or conditions in these materials, including projections, targets, expectations, estimates, and
More informationCEQUENCE ENERGY LTD. AND OPEN RANGE ENERGY CORP. ANNOUNCE BUSINESS COMBINATION AND $32 MILLION EQUITY FINANCINGS
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CEQUENCE ENERGY
More informationJOINT NEWS RELEASE PENGROWTH ENERGY CORPORATION AND NAL ENERGY CORPORATION ANNOUNCE STRATEGIC BUSINESS COMBINATION
JOINT NEWS RELEASE PENGROWTH ENERGY CORPORATION AND NAL ENERGY CORPORATION ANNOUNCE STRATEGIC BUSINESS COMBINATION (Calgary, March 23, 2012) / Marketwire/ - Pengrowth Energy Corporation ("Pengrowth ) (TSX:
More informationFOR IMMEDIATE RELEASE CALGARY, ALBERTA MARCH 8, 2011
FOR IMMEDIATE RELEASE CALGARY, ALBERTA MARCH 8, 2011 BAYTEX ANNOUNCES FOURTH QUARTER 2010 RESULTS AND YEAR-END 2010 RESERVES CALGARY, ALBERTA (March 8, 2011) - Baytex Energy Corp. ( Baytex ) (TSX, NYSE:
More informationHEMISPHERE ENERGY ANNOUNCES 2017 FOURTH QUARTER AND YEAR-END FINANCIAL AND OPERATING RESULTS
HEMISPHERE ENERGY ANNOUNCES 2017 FOURTH QUARTER AND YEAR-END FINANCIAL AND OPERATING RESULTS TSX-V: HME Vancouver, British Columbia, April 26, 2018 Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere"
More information2014 Q2 FINANCIAL REPORT
2014 Q2 FINANCIAL REPORT FINANCIAL AND OPERATING HIGHLIGHTS (unaudited) 2014 2013 Financial Three Months Ended June 30, Six Months Ended June 30, Percent Change 2014 2013 Percent Change Income and Investments
More informationPredictable & Sustainable Per Share Growth
Predictable & Sustainable Per Share Growth January 23, 2018 T V E : T S X www.tamarackvalley.ca 1 Disclaimers Forward Looking Statements Certain information included in this presentation constitutes forward-looking
More informationCanadian Oil Sands 2010 cash from operating activities and net income more than doubles over 2009
Canadian Oil Sands 2010 cash from operating activities and net income more than doubles over 2009 All financial figures are unaudited and in Canadian dollars unless otherwise noted. Financial information
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2017 FIRST QUARTER RESULTS
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES FIRST QUARTER RESULTS Commenting on the first quarter results, Steve Laut, President of Canadian Natural stated, The strength of our well balanced and diverse
More informationHARVEST OPERATIONS ANNOUNCES SECOND QUARTER 2012 FINANCIAL AND OPERATING RESULTS
Press Release HARVEST OPERATIONS ANNOUNCES SECOND QUARTER 2012 FINANCIAL AND OPERATING RESULTS CALGARY, ALBERTA AUGUST 8 TH, 2012: Harvest Operations Corp. (TSX: HTE.DB.D, HTE.DB.E, HTE.DB.F and HTE.DB.G)
More information