Enerplus Announces Second Quarter 2017 Results

All financial information contained within this news release has been prepared in accordance with U.S. GAAP, except as noted under "Non-GAAP Measures". 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. A full copy of Enerplus' Second Quarter 2017 Financial Statements and MD&A are available on the Company's website at www.enerplus.com, under its SEDAR profile at www.sedar.com and on the EDGAR website at www.sec.gov.
 
CALGARY, Aug. 11, 2017 - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) is pleased to announce its second quarter 2017 operating and financial results. The Company reported second quarter 2017 net income of $129.3 million, or $0.53 per share. This compares to a second quarter 2016 net loss of $168.6 million, or $0.77 per share.
 
SECOND QUARTER 2017 HIGHLIGHTS:
35% production growth in North Dakota quarter-over-quarter
Generated adjusted funds flow of $114.2 million
Published: 11 August 2017
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Superior Drilling Products Reports Second Quarter 2017 Preliminary Revenue Nearly Quadrupled Over Prior-Year Period; Increases 2017 Revenue Expectations

Announces Second Quarter 2017 Teleconference
 
VERNAL, Utah -- Superior Drilling Products, Inc. (NYSE MKT: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced preliminary unaudited revenue of approximately $3.7 million to $4.0 million for the second quarter ended June 30, 2017. Revenue is expected to be almost four times higher than the prior-year period and up more than 16% over the trailing first quarter of 2017. Preliminary results are subject to change pending review by the Company’s independent accountants.
 
"Increasing market penetration and deployment of our flagship Drill-N-Ream® (DnR) well bore conditioning tool by oil & gas operators drove revenue growth during the quarter. We continue to see solid tool sales as we gain market share. 
Published: 20 July 2017
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Trilogy Energy Corp. Agrees to Merge with Paramount Resources Ltd.

CALGARY, July 6, 2017  - Trilogy Energy Corp. ("Trilogy" or the "Company") (TSX – TET) announces that it has agreed to merge with Paramount Resources Ltd. ("Paramount").  Under the merger, Paramount would acquire all of the common shares and non-voting shares of Trilogy not already owned by Paramount in exchange for Class A common shares of Paramount on the basis of one Paramount share for every 3.75 Trilogy shares.
 
Paramount today announced that it has also entered into an agreement to acquire Apache Canada Ltd.  Details on that transaction and the effect of the two transactions on Paramount are contained in Paramount's news release.  The merger with Paramount is conditional upon, among other things, Paramount completing the acquisition of Apache Canada.
Published: 07 July 2017
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Zion Oil & Gas Reaches First Casing Point at a Depth of ~1,950 feet

2017-06-19 09:00 ET - Update of ongoing drilling operations with Zion's Megiddo-Jezreel #1 well
 
DALLAS and CAESAREA, Israel, June 19, 2017  -- Zion Oil & Gas, Inc. (NASDAQ: ZN) continues active drilling operations at a depth of 2,000 feet, as it continues to drill to a proposed total depth of approximately 15,000 ft.
 
Zion's President and COO, Dustin Guinn, stated, "We are pleased to announce that we have reached an early milestone in the drilling of the MJ#1 well.   We are encouraged with the operational results to date and continue to be satisfied with the performance of the Zion staff and service providers with respect to their adherence to our strict safety expectations."
Published: 19 June 2017
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Molori Energy Issues Preliminary Q2 Production Results

Vancouver, British Columbia--(Newsfile Corp. - May 18, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company"), is pleased to provide some preliminary operating results for the three and six-month period ending April 30, 2017. The Company plans to report complete Q2 financial results before June 29, 2017.
 
Highlights for the three and six-month period ending April 30, 20171
 
February to April 2017 ("Q2") production came in at a total of 31,800 barrels of oil equivalent ("BOE")*, compared to 13,500 BOE for the period November 2016 to January 31, 2017 ("Q1").
 
Production for the three months ended April 30, 2017 increased by 135% quarter over quarter.
Published: 18 May 2017
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