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CALGARY, Alberta, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the "Company") (TSX:PXT) is pleased to announce the results of its...

Frontera Announces 2020 Year End Reserves News provided by Share this article Extended Net 2P Reserves Life Index to 10.6 years in Colombia 2P Reserves Net Present Value (10% discount) of $1.888 billion Before Tax Added 18.9 MMboe Net 2P reserves from Colombia fields TORONTO, March 3, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (" Frontera" or the " Company") today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (" D&M"). All dollar amounts in this news release and the Company's financial disclosures are in United States...

Yangarra Announces 2020 Year End Financials, Operating Results and Reserves News provided by Share this article Yangarra Resources  Yangarra" or the " Company") (TSX: YGR) announces its financials,  operating results and reserves for the year ended December 31, 2020. 2020 was a volatile year with many challenges for the oil & gas industry in North America. Yangarra quickly responded to COVID-19 in early 2020 by reducing the capital program to zero until August 2020. Although this resulted in a decline in production, the Company worked to streamline operations and internalize third-party cap...

Storm Resources Ltd.: Storm is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2020 0.18 0.15 (2) (2)(4) surplus 121,689 contracts 25,985 124,927 (1) Excludes gains and losses on risk management contracts. (2) Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 38 of the MD&A. CROCE and ROCE are presented on a 12-month trailing basis. (3) Excludes the fair value of risk management contracts, decommissioning liability and lease liability. (4) Includes a...

Kelt Exploration Ltd.: Kelt Provides Results of Its Oil & Gas Reserves Evaluation Effective December 31, 2020 Oil & NGLs [Mbbls] Oil & NGLs [Mbbls] Light Oil, Condensate and Pentane 62% Notes: [1] December 31, 2019 amounts are pro-forma, adjusted to exclude amounts relating to the Inga Assets which were sold in 2020. [2] Refer to advisories regarding Measurements and Abbreviations. RESERVES The Company's net present value of proved plus probable reserves at December 31, 2020, discounted at 10% before tax, was $932 million, a decrease of 16% from $1,111 million, pro-forma Dec...