Pipestone Energy Corp. Announces the Keyera Wapiti Gas Plant Has Resumed Operations and Announces Timing of Year-End Reserves Update and Q4 2019 Financials

CALGARY, Alberta, Jan. 30, 2020 (GLOBE NEWSWIRE) -- (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) announces that the Keyera Wapiti Gas Plant (“Keyera Plant”) has resumed operations and that Pipestone Energy has continuously flowed volumes into the plant over the last 24 hours without curtailment. Pipestone Energy has been informed that normal plant operations are expected to continue. 

Year-End 2019 Reserves

The Company expects to provide an updated year-end 2019 reserve and resource evaluation, as performed by McDaniel & Associates Consultants Ltd. (“McDaniel”) by the end of February 2020.

Q4 and Full Year 2019 Financial Statements and Conference Call

Fourth Quarter and Full Year 2019 results are expected to be released before market open on March 12^th, 2020. A conference call has been scheduled for March 12^th, 2020 at 9:00 a.m. Mountain Daylight Time (11:00 a.m. Eastern Daylight Time) for interested investors, analysts, brokers, and media representatives.

Conference Call Details:

Toll-Free: [phone]                                                                                                                                                          
International: [phone]