Synergy Resources (ticker: SYRG), a small-cap exploration and production company based in Colorado, posted net income of $4.7 million ($0.05/share) in its Q2’15 results for the period ended February 28, 2015. Production averaged 7,745 BOEPD for the quarter – a 98% jump compared to volumes from Q2’14. Total revenues of $23.7 million were an increase of 3% compared to the
Pengrowth Energy Corporation Confirms Cdn $0.02 Cash Dividend Payable May 15, 2015 Pengrowth Energy Corporation (PGF.TO) (PGH) today announced that its May 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is April 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record
Story by The Denver Post Colorado, with twenty times the oil and gas drilling intensity, has a fraction of the violations of either Pennsylvania or West Virginia. That is among the findings of a study done by the Natural Resources Defense Council and the FracTracker Alliance – although that probably wasn’t the point they were trying to make. The two
Story by the Bismarck Tribune Strike a 500-mile-long line due south from Williston (along the 103rd west meridian), and you’ll eventually light in an area that is a near mirror-image of Bakken country. Just a few dozen or so miles east of the Rocky Mountain Front, the prairies of eastern Colorado, western Nebraska and Kansas, and southeastern Wyoming are home
Story by the Greek Reporter Huge economic, geopolitical and growth benefits for Greece can bring the construction of the pipeline for the transport of Russian natural gas from the Greek-Turkish borders to Central Europe on which focused the meeting between Russian President Vladimir Putin with visiting Greek Prime Minister Alexis Tsipras on Wednesday in Kremlin. The outcome of the meeting
Dong Energy takes over a U.S. offshore wind development project Denmark’s Dong Energy recently entered into an agreement with U.S. renewable energy company RES Americas Developments to take over an offshore wind energy development project off the coast of Massachusetts. The lease covers an area that could accommodate more than 1,000 MW of wind energy, according to the company’s press
Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights (the “Acquisition“). The Acquisition represents a 17% increase in the Company’s Elmworth Montney land position. With the completion of the Acquisition, Blackbird now holds a 100% working interest in 81 sections (51,840 net
Company Retains Its Core Acreage Positions in Marshall and Marion Counties, West Virginia Trans Energy, Inc. (OTCQB: TENG) today announced the signing of an agreement to sell Marcellus assets in Wetzel County, West Virginia, for approximately $71.3 million in net proceeds, subject to adjustments to be determined at closing. The divestiture consists of 5,159 net acres and twelve producing Marcellus
Story by The Wall Street Journal General Electric Co. is close to selling all or part of its giant real estate holdings, people familiar with the matter said, as the conglomerate moves more aggressively to shrink its finance business. GE’s real estate portfolio holds around $30 billion worth of investments in office buildings, apartment complexes and other commercial property. The
AltaGas Ltd. Announces US$125 Million Medium-Term Note Offering AltaGas Ltd. (“AltaGas”) (TSX:ALA) today announced that it has agreed to issue US$125 million senior unsecured medium-term notes (the “Offering”). The notes carry a floating rate coupon of three month LIBOR plus 0.85 percent and mature on April 17, 2017. The Offering is expected to close on or about April 14, 2015.
Blackbird Energy Announces Further Strategic Montney Land Aggregation Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights (the “Acquisition“). The Acquisition represents a 17% increase in the Company’s Elmworth Montney land position. With the completion of the Acquisition, Blackbird now holds a
Pan Orient Energy Corp.: 2014 Year End Financial & Operating Results Pan Orient Energy Corp. (“Pan Orient”) (TSX VENTURE:POE) reports 2014 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day net to Pan Orient unless otherwise stated. The Corporation
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