Archive for October, 2014

Core Labs May Just Be A Diamond In The Rough If Oil Prices Continue To Drop

Core Labs May Just Be A Diamond In The Rough If Oil Prices Continue To Drop

October 31, 2014 - 9:05 pm Uncategorized
EIA Reports on Benefits of U.S. Exports

EIA Reports on Benefits of U.S. Exports

Exports of liquefied natural gas (LNG) are set to begin in 2015, and the number of United States LNG export stations are expected to triple by 2019. The next phase of U.S. energy is almost here, regardless of dissenting opinions …

Oil & Gas 360 Graph of the Week: Colorado Senatorial Campaign Contributions

OAG360® Graph of the Week: Which Business Sectors Wrote Checks to Colorado’s Senate Candidates?

In Colorado, incumbent Democrat Senator Mark Udall and his Republican challenger, Congressman Cory Gardner, are running a close race for U.S. senator.  Oil & Gas 360® created a graph showing how the two candidates’ campaign contributions compared by business sector.…

BPZ Energy Announces Gas Discovery at Onshore Block XXIII and Discussions for Gas Sales Pilot Project

BPZ Energy (BPZ) (BPZ), an independent oil and gas exploration and production company, today provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII.

Onshore Block XXIII (100% BPZ; 200,000 acres)

Three onshore shallow exploration wells, ranging …

October 31, 2014 - 3:17 pm Discoveries & Formations, Energy News

Ukraine and Russia Reach Accord on Natural Gas Deliveries

THE NEW YORK TIMES – Russian and Ukrainian officials reached an agreement on Thursday night to resume Russian deliveries of natural gas to prevent shortages over the winter.

The deal caps months of laborious talks under the aegis of European …

October 31, 2014 - 3:14 pm Energy News

Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices.

Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices.

October 31, 2014 - 3:06 pm Uncategorized

Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices.

Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices.

October 31, 2014 - 3:06 pm Uncategorized

Acorn Energy Raises $4.5 Million In Private Placement of Unregistered Shares of Common Stock and Warrants

Acorn Energy Raises $4.5 Million In Private Placement of Unregistered Shares of Common Stock and Warrants

October 31, 2014 - 2:45 pm 360 Company Releases

Former Chairman And CEO Of DuPont To Join Acorn Energy As Director

Former Chairman And CEO Of DuPont To Join Acorn Energy As Director

October 31, 2014 - 1:14 pm 360 Company Releases

Exxon Mobil Corporation Announces Estimated Third Quarter 2014 Results

Third Quarter Nine Months
2014 2013 % 2014 2013 %

Earnings

$ Millions 8,070 7,870 3 25,950 24,230 7
$ Per Common Share
Assuming Dilution 1.89 1.79 6 6.04 5.46 11
Capital and Exploration
Expenditures – $ Millions 9,837 10,546
October 31, 2014 - 12:30 pm Earnings, Energy News

Energen Raises CY14 Production Guidance Midpoint by 500 MBOE

For the 3 months ended September 30, 2014, Energen Corporation (EGN) reported GAAP net income from all operations of $457.3 million, or $6.22 per diluted share. After adjusting for a mark-to-market gain, impairment losses in advance of potential …

October 31, 2014 - 12:26 pm Earnings, Energy News

Chevron Reports Third Quarter Net Income of $5.6 Billion

Chevron Corporation (CVX) today reported earnings of $5.6 billion ($2.95 per share – diluted) for third quarter 2014, compared with $5.0 billion ($2.57 per share – diluted) in the 2013 third quarter. Foreign currency effects increased earnings in …

October 31, 2014 - 12:05 pm Earnings, Energy News

Dominion Announces Third-Quarter 2014 Earnings

Dominion (NYSE:D) today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the three months ended Sept. 30, 2014, of $529 million ($0.90 per share), compared with earnings of $569 million ($0.98 per …

October 31, 2014 - 12:03 pm Earnings, Energy News

Lightstream Announces Third Quarter Results

Lightstream Resources Ltd. (the “Company” or “Lightstream”) (LTS.TO) is pleased to announce our third quarter financial and operating results and provide an update on our Swan Hills program.

THIRD QUARTER FINANCIAL & OPERATING HIGHLIGHTS

  • In the third quarter,
October 31, 2014 - 11:46 am Earnings, Energy News

Lonestar Resources, Ltd Releases Quarterly Report For September 2014

Lonestar Resources, Ltd. (ASX:LNR, OTCQX: LNREF) is pleased to provide an update on its financial and operational results for the three months ended September 30, 2014 (3Q14).

Third Quarter Highlights

  • Lonestar reported a 56% increase in net oil and gas
October 31, 2014 - 11:43 am Energy News
Alberta pushes for rule change to spur Chinese investment, gain access to global markets

Alberta pushes for rule change to spur Chinese investment, gain access to global markets

Alberta’s new political leadership is calling on Ottawa to take another look at foreign investment rules blamed for a dramatic drop in energy investments from China.When the
Colorado considers fracking’s future

Colorado considers fracking’s future

Longmont city limit sign
Longmont’s citizens voted in favour of a fracking ban, 60% to 40%, in 2012
After five towns in Colorado voted to ban fracking in 2012, it seemed the tide
October 31, 2014 - 9:46 am Energy News, Fracing, Politics & Opinions, Regulatory

Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds Annual Shareholder Meeting

Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds Annual Shareholder Meeting

October 31, 2014 - 8:00 am 360 Company Releases
ONEOK Partners Announces Completion of More Than $500 Million in Capital-Growth Projects

ONEOK Partners Announces Completion of More Than $500 Million in Capital-Growth Projects

PR Newswire

Completed Projects Include Garden Creek III Natural Gas Processing Facility, Expansion of the Bakken NGL Pipeline and Niobrara NGL Lateral Pipeline

TULSA, Okla., Oct. 30, 2014 /PRNewswire/ — ONEOK Partners, L.P. (NYSE: OKS)

October 30, 2014 - 7:33 pm Energy News, Midstream, MLPs
Two More U.S. LNG Export Projects Move Forward

Two More U.S. LNG Export Projects Move Forward

Cove Point Begins Construction, Freeport Secures Financing

Japanese/Asian Customers Lock Up Capacity of Both Projects

With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove …

October 30, 2014 - 6:43 pm Finance, International, Oil and Gas 360 Articles
American Energy Partners Update: What is McClendon Up to Now?

American Energy Partners Update: What is McClendon Up to Now?

Aubrey McClendon has had little time off since his publicized ouster from his first E&P empire (Chesapeake Energy – ticker: CHK). Since founding American Energy Partners (AEP) in April 2013, McClendon has quietly amassed acreage in several major North American …

Synergy Resources Announces $125 Million Purchase Agreement for Wattenberg Field Assets and $230 Million in Committed Financing

Synergy Resources Corporation (NYSE MKT: SYRG) (Synergy), a U.S. oil and gas exploration and production company with operations focused in the Greater Wattenberg Area in the D-J Basin, on October 30th, 2014 announced that it has signed a …

October 30, 2014 - 6:05 pm Energy News

Lonestar Resources, Ltd Releases Quarterly Report For September 2014

Lonestar Resources, Ltd Releases Quarterly Report For September 2014

October 30, 2014 - 6:04 pm 360 Company Releases

Case for U.S. Oil Exports Seen Strengthened by EIA Study

BLOOMBERG – The U.S. Energy Department said the nation’s gasoline prices are linked to international crude oil, a conclusion that backs those in favor of lifting 39-year-old restrictions on crude exports.

The analysis by the Energy Information Administration, the department’s …

October 30, 2014 - 6:00 pm Energy News

Oil Price Collapse Cannot Be Good For Drillers But May Create Value Plays In Producers

Oil Price Collapse Cannot Be Good For Drillers But May Create Value Plays In Producers

October 30, 2014 - 4:06 pm 360 Company Releases
Enterprise Reports Results for Third Quarter 2014

Enterprise Reports Results for Third Quarter 2014

Enterprise Products Partners L.P. (“Enterprise”) (EPD) today announced its financial results for the three and nine months ended September 30, 2014. In August 2014, Enterprise completed a two-for-one split of its common units. All earnings per unit and …

October 30, 2014 - 11:05 am Energy News, MLPs

ConocoPhillips Reports Third-Quarter 2014 Results; Delivering Production and Margin Growth

ConocoPhillips (COP) today reported third-quarter 2014 earnings of $2.7 billion, or $2.17 per share, compared with third-quarter 2013 earnings of $2.5 billion, or $2.00 per share. Excluding special items, third-quarter 2014 adjusted earnings were $1.6 billion, or $1.29 …

October 30, 2014 - 11:01 am Energy News

Whiting Petroleum (WLL) Q3 2013 Results – Earnings Call Webcast

Whiting Petroleum (WLL) Q3 2013 Results – Earnings Call Webcast

October 30, 2014 - 10:55 am 360 Company Releases

American Eagle Energy Announces Operations Update

American Eagle Energy Corporation (NYSE MKT: AMZG) (“American Eagle” or the “Company”) announces an operations update and production guidance for the Company’s operated well development in its Spyglass Project area in northwestern Divide County, North Dakota, and details for the …

October 30, 2014 - 10:42 am Energy News

American Eagle Energy Announces Operations Update and Hosting Third Quarter 2014 Earnings Conference Call

American Eagle Energy Announces Operations Update and Hosting Third Quarter 2014 Earnings Conference Call

October 30, 2014 - 7:00 am 360 Company Releases