Industry News
Valeura Energy Inc.: Second Quarter 2024 Results
SINGAPORE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX: VLE, OTCQX: VLERF) ("Valeura" or the "Company"), reports its unaudited financial and operating results for the three and six month periods ended June 30, 2024. Q2 2024 Highlights Adjusted cashflow...
Report for the six months ended 30 June 2024
Highlights Power generation amounted to 456 GWh for the reporting period, representing an increase of more than 20 percent compared to 378 GWh in the same period in the previous year, and was around ten percent below expectations primarily as a result of weak wind...
SBM Offshore doubles its share repurchase program
August 8, 2024 SBM Offshore is pleased to announce that the EUR65 million (c. US$70 million) share repurchase program effective from March 1, 2024 (the “Structural Buyback”), has been increased by an additional amount of EUR65 million (c. US$71 million equivalent1)...
SBM Offshore awarded FSO contract for Woodside’s Trion development
August 8, 2024 SBM Offshore is pleased to announce that it has signed a contract with Woodside Petróleo Operaciones de México, S. de R.L. de C.V. (“Woodside”), operator of the Trion deepwater oil field development located in the Perdido Belt of the western Gulf of...
SBM Offshore Half Year 2024 Earnings
August 8, 2024 Highlights 2024 Directional1 EBITDA guidance increased from around US$1.2 billion to around US$1.3 billion2024 Directional revenue guidance increased from around US$3.5 billion to above US$3.8 billion US$3.4 billion net increase of pro-forma Directional...
Crew Energy Announces Q2 2024 Results Highlighted by a 67% Increase in Condensate Production Driving a 55% AFF Margin
CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to...
BGX Acquires Strategic Option in the Illinois Basin
Black Gold Exploration diversifies and expands its portfolio into the United StatesVANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BGX - Black Gold Exploration Corp. (CSE:BGX), (FRA:P30), (“BGX”, “Black Gold Exploration” or the “Company”), a dynamic...
Weatherford Releases Annual Sustainability Report
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company’s latest advancements in...
Amplify Energy Announces Second Quarter 2024 Results, Beta Drilling Results and Updated Guidance
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today its operating and financial results for the second quarter of 2024. Key Highlights During the second quarter of 2024, the Company:...
Weekly share repurchase program transaction details
August 7, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period August 1, 2024 through August 7, 2024. The repurchases were made under the EUR65 million share repurchase program...