Archive for April, 2015

Yates Petroleum Corporation welcomes new  CEO, President and Board Member

Yates Petroleum Corporation welcomes new CEO, President and Board Member

Mr. Douglas E. Brooks
Mr. Brooks is a senior oil and gas executive with 33 years experience. He served for over twenty-four years with Marathon Oil Company lastly as Director of Upstream M&A and Business Development – Americas. Mr Brooks …

April 30, 2015 - 7:30 pm Energy News
Talisman Announces Anticipated Date for Completion of Repsol Deal

Talisman Announces Anticipated Date for Completion of Repsol Deal

Talisman Announces Anticipated Date for Completion of Acquisition by Repsol

Talisman Energy Inc. (TLM.TO) (TLM.TO) announces that the completion of the acquisition of Talisman by Repsol S.A. is scheduled to occur on May 8, 2015. Regulatory …

April 30, 2015 - 7:11 pm Canada, Mergers & Acquisitions
Penn West Annouces Q1 Results, Q2 Dividend

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 …

April 30, 2015 - 7:07 pm Canada
Whiting Petroleum Armed with Improving Costs, Reliable Funding to Weather Downturn

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 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 …

April 30, 2015 - 7:05 pm Canada
Oilsands Separation Cell Source: ostseis.anl.gov

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 …

April 30, 2015 - 7:03 pm Canada, Oil Sands
PRIX Index Forecasts Political Risk for Oil Exports

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: 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

April 30, 2015 - 5:33 pm MLPs, Oil and Gas 360 Articles

Unit Corp. (UNT) is Trading Higher on Unusual Volume for April 30

Unit Corp. (UNT) is Trading Higher on Unusual Volume for April 30

April 30, 2015 - 5:32 pm 360 Company Releases

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 …

April 30, 2015 - 5:31 pm Energy News

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 …

April 30, 2015 - 5:30 pm Energy News

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 …

April 30, 2015 - 5:28 pm Energy News

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% …

April 30, 2015 - 5:27 pm Energy News

Lonestar Resources, Ltd. March 2015 Quarterly Report

Lonestar Resources, Ltd. March 2015 Quarterly Report

April 30, 2015 - 4:12 pm 360 Company Releases

Lonestar Resources, Ltd. New Transactions In The Eagle Ford Shale

Lonestar Resources, Ltd. New Transactions In The Eagle Ford Shale

April 30, 2015 - 11:56 am 360 Company Releases

Breitling Energy Announces Strategic Relationship With Patriot Energy

Breitling Energy Announces Strategic Relationship With Patriot Energy

April 30, 2015 - 9:24 am 360 Company Releases

Samson Oil & Gas Lodges March 2015 Quarterly Report and Appendix 5B

Samson Oil & Gas Lodges March 2015 Quarterly Report and Appendix 5B

April 29, 2015 - 10:00 pm 360 Company Releases

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 …

April 29, 2015 - 7:37 pm Energy News

Fed Sees U.S. Economy Accelerating After Slump in First Quarter

Story by Bloomberg

Federal Reserve policy makers said they expect the economy to pick up after growth ground to a virtual halt in the first quarter, suggesting they are still open to an interest-rate increase later in the year.

The

April 29, 2015 - 7:36 pm Energy News
Range Resources Continues Record-Setting Trend in Q1’15 Results

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 …

April 29, 2015 - 7:09 pm Energy News

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.…

April 29, 2015 - 7:06 pm Energy News
Colorado and North Dakota Join Wyoming in Lawsuit v. BLM Rulemaking

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 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 …

April 29, 2015 - 6:15 pm MLPs
Genesis Energy Reports Q1

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
April 29, 2015 - 6:13 pm MLPs
Pipe destined for TransCanada’s Keystone XL pipeline is stockpiled near Gascoyne, N.D. (CBC)

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, …

April 29, 2015 - 6:11 pm MLPs
Williams Partners Reports Q1

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 …

April 29, 2015 - 6:08 pm MLPs
Midcoast Energy Partners Reports Q1 Results

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 …

April 29, 2015 - 6:04 pm MLPs

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

April 29, 2015 - 6:01 pm 360 Company Releases
Trans-Alaska oil pipeline

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
April 29, 2015 - 5:57 pm Canada