Archive for March, 2015

Elsevier to Publish New Edition of International Encyclopedia of the Social and Behavioral Sciences

Elsevier to Publish New Edition of International Encyclopedia of the Social and Behavioral Sciences

March 11, 2015 - 4:00 am 360 Company Releases

Boardwalk Prices Additional $250 Million Offering Of Senior Notes

HOUSTON, March 10, 2015 /PRNewswire/ — Boardwalk Pipeline Partners, LP (BWP) today announced that its wholly-owned subsidiary, Boardwalk Pipelines, LP (“Boardwalk”), has priced a public offering of an additional $250 million aggregate principal amount of its 4.95% senior …

March 10, 2015 - 7:03 pm Energy News

ONEOK Partners Announces Revolving Credit Facility Increase

TULSA, Okla., March 10, 2015 /PRNewswire/ — ONEOK Partners, L.P. (OKS) today announced it has expanded its lender group and increased the commitments under its revolving credit facility to $2.4 billion from $1.7 billion.

The partnership’s lenders, a …

March 10, 2015 - 7:02 pm Energy News

EQT to Sell West Virginia Gathering System for $1 Billion

EQT Corporation (EQT) (EQT) announced that EQT Midstream Partners, LP (EQM) has agreed to acquire its Northern West Virginia Marcellus Gathering System, along with a preferred interest in an EQT subsidiary, for $1.05 billion. EQT will …

March 10, 2015 - 7:01 pm Energy News

Verisk Analytics to Acquire Wood Mackenzie for $2.8 Billion

Story by The Oil & Gas Journal

Verisk Analytics Inc. (Nasdaq: VRSK), a data analytics provider, has signed a definitive agreement to acquire Wood Mackenzie from private equity investment firm Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie …

March 10, 2015 - 6:57 pm Energy News
Source: Energy.gov

Ontario Mulls Possible Hydro One IPO

The Ontario Premier says the province is considering selling a stake in the provincial electricity transmission and distribution company

Kathleen Wynne, Premier of Ontario, said today that the province is considering whether to sell a stake in Hydro One Inc., …

March 10, 2015 - 6:50 pm Canada, Oil and Gas 360 Articles
Production Beginning to Slow in EIA’s March Drilling Productivity Report

Production Beginning to Slow in EIA’s March Drilling Productivity Report

The Energy Information Administration’s (EIA) Drilling Productivity Report, a monthly breakdown on production by basins, typically forecasts production increases across the United States’ seven most prolific plays. The latest edition, released on March 9, 2015, projects production in April …

March 10, 2015 - 6:42 pm Commodity Pricing, Oil and Gas 360 Articles, OPEC
Fuel: Electricity Generation – Plans for 2015

Fuel: Electricity Generation – Plans for 2015

EIA: Scheduled 2015 utilities capacity additions will be mostly wind and natural gas

Natural Gas Replacing Coal

The Energy Information Administration (EIA) expects electrical generating companies to add more than 20 gigawatts (GW) of utility-scale generating capacity to the power …

March 10, 2015 - 6:30 pm Analytics, Oil and Gas 360 Articles
Fifth Creek Energy Prepares to Hit the Accelerator with NGP Funding

Fifth Creek Energy Prepares to Hit the Accelerator with NGP Funding

Private E&P is Evaluating $500 Million to $1.5 Billion Opportunities in the D-J, Permian and Utica

Exclusive Interview with Oil & Gas 360

Fifth Creek Energy is a private E&P company, formed by Michael Starzer and Patrick Graham, the founders …

Emerald Oil Reports Fourth Quarter and Year End 2014 Financial and Operational Results

Emerald Oil Reports Fourth Quarter and Year End 2014 Financial and Operational Results

March 10, 2015 - 4:32 pm 360 Company Releases
Southcross Energy Partners Growth for Distributions, Drop Downs on Schedule

Southcross Energy Partners Growth for Distributions, Drop Downs on Schedule

Southcross Energy announces Q4 and full-year 2014 results

On March 6, Southcross Energy Partners (ticker: SXE) announced fourth quarter and full-year 2014 financial and operational results. SXE’s adjusted EBITDA was $20.6 million for the three months ended December 31, 2014, …

March 10, 2015 - 12:51 pm MLPs, Oil and Gas 360 Articles

Breitling Energy Corporation Announces Spud of Sellers ’66’ #1

Breitling Energy Corporation Announces Spud of Sellers ’66’ #1

March 10, 2015 - 9:00 am 360 Company Releases

CARBO Announces Mothballing of Proppant Facility In McIntyre, Georgia

CARBO Announces Mothballing of Proppant Facility In McIntyre, Georgia

March 10, 2015 - 7:30 am 360 Company Releases

Callon Petroleum Company Announces Pricing of Common Stock Offering

Callon Petroleum Company Announces Pricing of Common Stock Offering

March 9, 2015 - 7:38 pm 360 Company Releases

Rosetta Resources Inc. Announces Public Offering of Common Stock

Rosetta Resources Inc. (ROSE) (the “Company”) announced today it intends to commence an underwritten public offering of 12,000,000 shares of the Company’s common stock. The Company intends to use the net proceeds from this offering to repay outstanding …

March 9, 2015 - 7:06 pm Energy News

Calumet Specialty Products Partners, L.P. Announces Public Offering of Common Units

Calumet Specialty Products Partners, L.P. (CLMT) (“Calumet”) announced today the commencement, subject to market conditions, of an underwritten public offering of 6,000,000 common units. Calumet also intends to grant the underwriters the option to purchase up to 900,000 …

March 9, 2015 - 7:04 pm Energy News

Enbridge Energy Partners, L.P. Announces Public Offering of Class A Common Units

Enbridge Energy Partners, L.P. (NYSE: EEP) (“Enbridge Partners” or the “Partnership”) announced today it has commenced, subject to market conditions, an underwritten public offering of 8 million of its Class A Common Units representing limited partner interests. The Partnership is …

March 9, 2015 - 6:59 pm Energy News

Callon Petroleum Company Announces Common Stock Offering

Callon Petroleum Company (CPE) (“Callon” or the “Company”) today announced that it has commenced, subject to market and other conditions, an underwritten public offering of 9,000,000 shares of its common stock. The underwriter will have an option to …

March 9, 2015 - 6:57 pm Energy News
Earthstone Energy, Inc. Reports 2014 Year-End Proved Reserves and Provides Operations Update and 2015 Guidance

Earthstone Energy, Inc. Reports 2014 Year-End Proved Reserves and Provides Operations Update and 2015 Guidance

Proved Reserves Increase 95% with Oil Reserves Increasing 126% and Proved Developed Reserves Increasing 165%

HOUSTON, TX / ACCESSWIRE / March 9, 2015 / Earthstone Energy, Inc. (NYSE MKT: ESTE) (“Earthstone” or the “Company”) today reported 2014 year-end proved reserves …

March 9, 2015 - 6:51 pm Energy News

Crestwood Midstream Announces Offering of $700 Million Senior Notes

Crestwood Midstream Partners LP (NYSE:CMLP) (“Crestwood Midstream”) announced today its intention, subject to market and other conditions, to offer $700 million in aggregate principal amount of unsecured Senior Notes due 2023 (the “Notes”) in a private offering that is exempt
March 9, 2015 - 6:45 pm Energy News
TOP MINDS IN THE BUSINESS:  Part II – Bill Barrett Discusses Growth Structures, Downturns and Long-Term Potential for the Industry’s Newcomers

TOP MINDS IN THE BUSINESS: Part II – Bill Barrett Discusses Growth Structures, Downturns and Long-Term Potential for the Industry’s Newcomers

In Part II of this exclusive interview for Oil & Gas 360®’s “Top Minds in the Business” series, legendary oil man Bill Barrett shares his company growth structure, similarities in downturns and the long-term potential for newcomers in the oil

March 9, 2015 - 6:13 pm Oil and Gas 360 Articles, Straight Answers
Bellatrix Exploration: Reserves Jump after Ambitious 2014 Capital Program

Bellatrix Exploration: Reserves Jump after Ambitious 2014 Capital Program

2014 closed the largest capital program in the history of Bellatrix Exploration (ticker: BXE), and the results were evident on its latest reserves report issued on March 9, 2015. The totals, determined by an independent evaluation, showed proved reserves …

Freeport McMoRan Announces Successful Production Test

Freeport McMoRan Announces Successful Production Test

The company said that its Highlander well produced 75 MMcf/d during production testing

On February 20, 2015, Freeport McMoRan (ticker: FCX) announced the results of additional production testing on Freeport McMoRan Oil & Gas’s (FM O&G) Highlander discovery, located onshore …

Oil Prices Could Fall Again – Goldman Sachs

Oil Prices Could Fall Again – Goldman Sachs

Goldman Sachs estimates near-term WTI prices could fall to $40 per barrel

Oil prices could give back gains seen over the past few weeks, falling as low as $40 per barrel, according to Goldman Sachs. West Texas Intermediate (WTI) oil …

March 9, 2015 - 5:07 pm Commodity Pricing, Oil and Gas 360 Articles
BP Finalizes $12 Billion Offshore Investment in Egypt

BP Finalizes $12 Billion Offshore Investment in Egypt

BP signed the final agreements for its West Nile Delta project last week

BP plc (ticker: BP) last week announced that the company signed its final agreements on the West Nile Delta (WND) project. The WND has the potential for …

Callon Petroleum Company Announces Common Stock Offering

Callon Petroleum Company Announces Common Stock Offering

March 9, 2015 - 4:14 pm 360 Company Releases

Sanchez Energy Announces Planned Retirement of Its Chief Financial Officer and Names Interim Co-Chief Financial Officer

Sanchez Energy Announces Planned Retirement of Its Chief Financial Officer and Names Interim Co-Chief Financial Officer

March 9, 2015 - 4:05 pm 360 Company Releases

Breitling Energy CEO to Address Oil & Gas Rocky Mountain Industry Summit

Breitling Energy CEO to Address Oil & Gas Rocky Mountain Industry Summit

March 9, 2015 - 3:32 pm 360 Company Releases

Bellatrix announces growth to 250 million boe in proved plus probable reserves establishing a 2P net asset value of $9.01 per share

Bellatrix announces growth to 250 million boe in proved plus probable reserves establishing a 2P net asset value of $9.01 per share

March 9, 2015 - 7:30 am 360 Company Releases
What Will Happen to the U.S. Midstream Industry?

What Will Happen to the U.S. Midstream Industry?

U.S. will be “NGL Storage Center for the World”

New technology in the drilling and completions segment may receive the lion’s share of the credit for the shale boom, but the evolution of the midstream industry has enabled the United …

March 6, 2015 - 6:55 pm Midstream, MLPs, Oil and Gas 360 Articles