Archive for April, 2015
Penn West Annouces Q1 Results, Q2 Dividend
Penn West Announces Its Financial And Operational Results For The First Quarter Ended March 31, 2015
(“Penn West“, the “Company“, “we“, “us” or “our“) is pleased to announce its financial …
Whiting Petroleum Armed with Improving Costs, Reliable Funding to Weather Downturn
Reports Top IP Rates from Two Williston Wells
Whiting Petroleum (ticker: WLL), the largest producer and acreage holder in the Williston Basin, reported decreasing well costs and increasing production volumes in its Q1’15 earnings release issued on April 29, 2015. …
MEG Energy Releases Q1 Results
MEG Energy to release first quarter financial results
MEG Energy Corp. (MEG.TO) announces that it intends to release its financial results for the first quarter ended March 31, 2015 on Thursday, May 7, 2015.
A conference call will …
Canadian Oil Sands Announces Q1 Results
Canadian Oil Sands Announces First Quarter Results and Progress on Cost Savings at Syncrude
All financial figures are unaudited and in Canadian dollars unless otherwise noted.
Canadian Oil Sands Limited (“COS”) reported strong operating performance at Syncrude for the first …
PRIX Index Forecasts Political Risk for Oil Exports
New index could help predict political impacts on the international flow of oil
Oil, like certain other minerals, is one of the most highly politicized commodities traded across the globe. When analysts try to predict what countries will be increasing …
LINN: Production Growth, Smaller CapEx
LINN Energy reported Q1’15 results, increased production
LINN Energy (ticker: LINE) reported its first quarter results today, growing production despite a 65% decrease in 2015 capex compared to 2014. The company’s production increased by 2% to approximately 1,201 MMcfe/d, according …
Unit Corp. (UNT) is Trading Higher on Unusual Volume for April 30
Unit Corp. (UNT) is Trading Higher on Unusual Volume for April 30
…ZaZa Energy Announces Equity Raise of $2.5 Million
ZaZa Energy Corporation (“ZaZa” or the “Company”) (ZAZA) today announced that the Company has closed on a definitive agreement with an institutional investor for a cash financing of $2.5 million in gross proceeds.
Under the terms of the …
Lonestar Resources, Ltd. New Transactions In The Eagle Ford Shale
Lonestar Resources, Ltd. (ASX: LNR, OTCQX: LNREF) is pleased to announce that it has reached definitive agreements to acquire leasehold associated with approximately 6,122 gross / 4,047 net mineral acres in La Salle County, Texas. Lonestar’s independent engineering consultants estimates …
Breitling Energy Announces Strategic Relationship With Patriot Energy
Breitling Energy Corporation (BECC) (“Breitling Energy”) announces a new strategic relationship with Patriot Energy, Inc. (“Patriot”) of Dallas, Texas to expand Breitling Energy’s Asset Management division. As part of its unique business model, Breitling Energy’s Oil and Gas …
Synergy Resources Closes on Leasehold Acquisition in NE Wattenberg Extension Area
Synergy Resources Corporation (NYSE MKT: SYRG) (“Synergy”) has closed on the Amendment dated February 12, 2015 to its Exploration Agreement with Vecta Oil & Gas, Ltd. (Vecta) dated March 1, 2013; whereby Vecta has conveyed assignments for an undivided 30% …
Lonestar Resources, Ltd. March 2015 Quarterly Report
Lonestar Resources, Ltd. March 2015 Quarterly Report
…Lonestar Resources, Ltd. New Transactions In The Eagle Ford Shale
Lonestar Resources, Ltd. New Transactions In The Eagle Ford Shale
…Breitling Energy Announces Strategic Relationship With Patriot Energy
Breitling Energy Announces Strategic Relationship With Patriot Energy
…Samson Oil & Gas Lodges March 2015 Quarterly Report and Appendix 5B
Samson Oil & Gas Lodges March 2015 Quarterly Report and Appendix 5B
…Gazprom net income plunges 86 percent on oil price drop, ruble
Story by Reuters
Russian natural gas and oil producer Gazprom <GAZP.MM> suffered an 86 percent fall in net income in 2014 because of the rouble’s weakness, the fall in global oil prices and a dispute with Ukraine.
The …
Fed Sees U.S. Economy Accelerating After Slump in First Quarter
Story by Bloomberg
The
Range Resources Continues Record-Setting Trend in Q1’15 Results
Leading Natural Gas Producer not Slowing Down
Range Resources (ticker: RRC) maintained its 20% to 25% annual line-of-sight growth strategy in its Q1’15 results, announcing a new production record of 1,328 MMcfe/d in the quarter. Volumes for 2015 are expected …
Venoco, Inc. Announces CFO Changes
Venoco, Inc. today announced that Scott Pinsonnault was named Chief Financial Officer, a position he had held on an interim basis since November, 2014. Prior to joining the company as interim Chief Financial officer, Mr. Pinsonnault was Managing Director with …
GM likely to cease vehicle production in Venezuela in July
Story by Reuters
General Motors Co said it is likely it will cease vehicle production in Venezuela in July as the automaker joins other U.S. corporations in taking action to shield their profits from the South American country’s volatile currency.…
Colorado and North Dakota Join Wyoming in Lawsuit v. BLM Rulemaking
Three States are Suing the Federal Government to Preserve State Jurisdiction
A federal judge has decided to allow North Dakota and Colorado to join a Wyoming lawsuit that challenges new rules from the U.S. Bureau of Land Management regarding drilling …
Sprague Resources Declares Distribution
Sprague Resources LP Declares Increased Cash Distribution for the First Quarter of 2015
Sprague Resources LP (“Sprague”) (SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC, has declared a cash distribution …
Genesis Energy Reports Q1
Genesis Energy, L.P. Reports First Quarter 2015 Results
Genesis Energy, L.P. (GEL) today announced its first quarter results. Our results for the quarter ended March 31, 2015 included the following items:
- We generated total Available Cash before Reserves
Martin Midstream Partners Reporst Q1
Martin Midstream Partners Reports Increased Distributable Cash Flow and Adjusted EBITDA in 2015 First Quarter Results
Martin Midstream Partners L.P. (MMLP) (the “Partnership”) announced today its financial results for the first quarter ended March 31, 2015.
Ruben Martin, …
Williams Partners Reports Q1
Williams Partners Reports First Quarter 2015 Financial Results
Williams Partners L.P. (WPZ) today announced unaudited financial results for first quarter 2015, during which time Williams Partners and Access Midstream Partners, L.P. (formerly NYSE: ACMP) merged to form one …
Midcoast Energy Partners Reports Q1 Results
Midcoast Energy Partners, L.P. Declares Distribution Increase and Reports Earnings for First Quarter 2015
Midcoast Energy Partners, L.P. (NYSE: MEP) (“Midcoast Partners” or “the Partnership”) announced today that the board of directors of its general partner has declared a quarterly …
Miller Energy Provides Details Concerning Recent Events Including Receipt of NYSE Continued Listing Notice
Miller Energy Provides Details Concerning Recent Events Including Receipt of NYSE Continued Listing Notice
…Cenovus Reports Q1
Cenovus first-quarter oil sands production up 20%
Oil sands per-unit operating costs decline 31%
- Combined oil sands production averaged more than 144,000 barrels per day (bbls/d) net in the first quarter, up 20% from the same period in 2014.
- Total