Oil & Gas Company's Osage, Meramec Formation Wells Advance
This small-cap firm continues to delineate and derisk its Oklahoma STACK acreage. Jericho Oil Corp. (JCO:TSX.V; JROOF:OTC) provided an update in a news release on the progress of two Oklahoma STACK Joint Venture wells. As for the Trebuchet 21-23N-10W #1H well, in which Jericho has a 40% ...Touchstone Exploration Third Quarter Results
Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces its financial and operating results for the three and nine months ended September 30, 2018. Selected financial and operational information is outlined below and should be read in conjunction with Touchstone's Sep ...Oil and Gas Firm Has Success with Second Thailand Appraisal Well
This Alberta-based energy company is ready to move to well production testing. Pan Orient Energy Corp.'s (POE:TSX.V) appraisal well L53-DD2 encountered about 32 meters (32m) of net oil pay within four distinct sandstone reservoirs between the true vertical depth of 1,044 and 1,105m, the co ...Oil and Gas Firm Joins With Similar Company in 'Highly Value Accretive Deal
A Pareto Securities report discussed the expected outcomes of this transaction. In an Oct. 31, 2018, research note, analyst Tom Erik Kristiansen with Pareto Securities reported that Blackbird Energy Inc. (BBI:TSX.V) agreed to merge with privately held Pipestone Oil Corp. in "what we se ...Access Road Construction Underway at Indonesia Well
This joint venture-owned asset moves one step closer to drilling. Pan Orient Energy Corp. (POE:TSX.V) announced the joint venture owners received the requisite permit to construct an access road to the Anggun-1X exploration well and that work has started. Pan Orient owns 49% and is a ...Husky Energy Reaffirms Commitment to Full and Fair Offer for MEG Energy
Husky's Offer is a Premium Valuation MEG's Share Price Would Be Substantially Lower Absent the Offer Delivers Immediate Value With Comparable Upside and Much Less Risk CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today reaffirms its commitment to the full and ...California-Based Oil & Gas Company Reports Progress of Wells
Two wells in the Oklahoma SCOOP region continue to advance. BNK Petroleum Inc. (BKX:TSX; BNKPF:OTCQX) reported the Anderson 1-15H10X3 well was successfully drilled and cased. This well, in which the company has a 33% working interest, is in Oklahoma's SCOOP region, in Tishomingo field. Ne ...
Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approxi ...Analyst Calls Oil & Gas Acquirer a Potential Takeout Target
A Mackie Research Capital report describes the investment opportunity that is this company, now and once its acquisition closes. In an Oct. 23, 2018 research note, Mackie Research Capital Corp. analyst Bill Newman indicated that Prairie Provident Resources Inc. (PPR:TSX) , itself mid-acquis ...
The Board of Directors of Husky Energy (TSX:HSE) has declared a quarterly dividend of $0.125 (Cdn) per common share for the three-month period ended September 30, 2018. The dividend will be payable on January 2, 2019 to shareholders of record at the close of business on November 26, 2018. Regular ...Husky Energy Reports Third Quarter 2018 Results
Funds From Operations up 48%, Earnings up 300% Year over Year CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) generated funds from operations of $1.3 billion in the third quarter, up 48 percent from $891 million in the same period last year. Year-to-date, funds from op ...CNOOC Limited Announces Key Operational Statistics for the Third Quarter of 2018
HONG KONG, Oct. 25, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its key operational statistics for the third quarter of 2018. The Company achieved a total net production of 113.8 million barrels of oil equivalent ("BOE") for the third quarte ...Husky Energy Comments on MEG Directors’ Circular
No New Value Arguments in MEG Directors' Circular Husky Reaffirms Commitment to Complete its Highly Compelling Offer Encourages MEG Shareholders to Act and Tender Shares CALGARY, Alberta, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Husky Energy Inc. (TSX:HSE) (“Husky” or the “Company”) has reviewed ...Husky Energy Commences Cash and Share Offer to Acquire MEG Energy
Husky Energy Inc. (TSX:HSE) (“Husky” or the “Company”) today announced that it has formally commenced its offer (the “Offer”) to acquire all of the outstanding common shares of MEG Energy Corp. (TSX:MEG) (“MEG”). The notice and advertisement of the Offer appear in the Tuesday, October 2, 2018 edit ...Oil & Gas Firm Delineates STACK Acreage with Strong Well Results
The energy company provided an operational update on its Oklahoma projects. Jericho Oil Corp. (JCO:TSX.V; JROOF:OTC) , a 26.5% owner in the Oklahoma STACK joint venture (JV), continues delineating and derisking its acreage in the Meramec and Osage Formations. "Each well drilled has the pote ...
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