Archive for April, 2015

NuVista Closes Equity Financing

NuVista Closes Equity Financing

NuVista Energy Ltd. Announces Closing of Equity Financings

NuVista Energy Ltd. (“NuVista”) (NVA.TO)is pleased to announce that it has closed its previously announced public offering of 11,465,000 common shares and 2,313,000 common shares issued on a “flow-through” …

April 29, 2015 - 5:55 pm Canada
Tourmaline Achieves Record Production

Tourmaline Achieves Record Production

Tourmaline Achieves Record Production in the First Quarter as Strong Well Results Continue

Tourmaline Oil Corp. (TOU.TO) (“Tourmaline” or the “Company”) is pleased to announce record production results for the first quarter of 2015.

HIGHLIGHTS

  • Record average production
April 29, 2015 - 5:50 pm Canada
High Level Energy Seeks Financial Partner

High Level Energy Seeks Financial Partner

Canada’s High Level Energy Seeks Financial Partner for Wildcat Exploration in the Northwest Territories

About 125 miles north-northwest of Norman Wells in the N.W.T. lies a prospect named Little Chicago. It was originally developed and extensively researched in the 1960’s …

April 29, 2015 - 5:48 pm Canada
PrairieSky Announces Results on the Election of Directors

PrairieSky Announces Results on the Election of Directors

PrairieSky Announces Results on the Election of Directors

PrairieSky Royalty Ltd. (TSX:PSK) (the “Company“) is pleased to announce that the five (5) nominees were appointed as directors of the Company to serve until the next annual meeting of

April 29, 2015 - 5:45 pm Canada

RPC Inc. (RES) is Trading Higher on Unusual Volume for April 29

RPC Inc. (RES) is Trading Higher on Unusual Volume for April 29

April 29, 2015 - 5:32 pm 360 Company Releases

SandRidge Energy (SD) is Trading Higher on Unusual Volume for April 29

SandRidge Energy (SD) is Trading Higher on Unusual Volume for April 29

April 29, 2015 - 5:32 pm 360 Company Releases

RPC, Inc. Announces Revised Record Date for Regular Quarterly Cash Dividend — Payment Amount and Payable Date Unchanged

RPC, Inc. Announces Revised Record Date for Regular Quarterly Cash Dividend — Payment Amount and Payable Date Unchanged

April 29, 2015 - 4:10 pm 360 Company Releases

Whiting Petroleum Corporation Announces First Quarter 2015 Financial and Operating Results

Whiting Petroleum Corporation Announces First Quarter 2015 Financial and Operating Results

April 29, 2015 - 4:00 pm 360 Company Releases

Newly Installed FERC Chairman Norman Bay’s Past Opinions Signal Preference for Energetic Use of Commission Authority

Story by K&L Gates LLP

On April 15, 2015, Norman Bay assumed the chairmanship of the Federal Energy Regulatory Commission (“FERC”). [1] Prior to taking the chairman’s role, Chairman Bay was appointed to the Commission in July 2014 after five …

April 29, 2015 - 3:05 pm Energy News
Finding the Next Big Idea in Shale

Finding the Next Big Idea in Shale

The Ben Franklin Shale Gas Innovation and Commercialization Center helps develop new innovations in shale

The introduction of hydraulic fracturing brought about a tremendous change in the oil and gas industry, a shift so pivotal that it is referred to …

April 29, 2015 - 1:57 pm Fracing, Oil and Gas 360 Articles
Source: Energy.gov

Growth in Energy Demand Expected from Industrial, Commercial Sectors

EIA: Transportation and residential demand will slow, but industrial and commercial will push overall growth

The Energy Information Administration (EIA) expects energy demand growth through 2040 will come from the industrial and commercial sectors, while residential and transportation energy demand …

April 29, 2015 - 1:41 pm Oil and Gas 360 Articles
Crude Oil Cuttings for the Week Ended April 24, 2015

Crude Oil Cuttings for the Week Ended April 24, 2015

crude_oil_cuttingsCRUDE OIL INVENTORY/’000 bbls (Week Ended 4/24/15)

Current: 490,912

Actual Build/(Withdrawal): 1,910

Economist Average Estimate: 2,782

Previous: 489,002

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports.


Important disclosures: The …

April 29, 2015 - 1:40 pm Oil and Gas 360 Articles

Solar energy poll results called warning for Nevada legislators

Las Vegas Review Journal

A poll of 300 likely Nevada voters suggests that state lawmakers could suffer at the polls come election time next year if they do not support expanding rooftop solar efforts through a net metering program.

The …

April 29, 2015 - 1:21 pm Energy News

Breitling Energy CEO Chris Faulkner Addressing Mexican Energy Opportunities

Breitling Energy CEO Chris Faulkner Addressing Mexican Energy Opportunities

April 29, 2015 - 10:56 am 360 Company Releases
Dana Gas Iraq Operations

Saudi King Changes Line of Succession

From FOX News:

The Saudi king on Wednesday removed his half-brother from the post of crown prince, replacing him with his nephew, and elevated his son to the position of deputy crown prince in the most significant repositioning of power …

April 29, 2015 - 10:48 am OPEC

RPC, Inc. Reports First Quarter 2015 Financial Results

RPC, Inc. Reports First Quarter 2015 Financial Results

April 29, 2015 - 7:15 am 360 Company Releases

RPC, Inc. Announces Reduced Quarterly Cash Dividend

RPC, Inc. Announces Reduced Quarterly Cash Dividend

April 29, 2015 - 7:15 am 360 Company Releases
Non-Working Americans: Enough to Populate the World’s 16th Largest Country

Non-Working Americans: Enough to Populate the World’s 16th Largest Country

chart-of-week-0428201593 Million Non-Working Americans

The United States Bureau of Labor Statistics defines people not in the work force as being 16 years and older who are not employed and have not “made specific efforts to find employment sometime during the …

April 28, 2015 - 7:20 pm Chart of Week, Oil and Gas 360 Articles
Valero Energy, Fueled by Lower Oil Prices, Reports Personal-Best Q1 Earnings

Valero Energy, Fueled by Lower Oil Prices, Reports Personal-Best Q1 Earnings

Expects to Significantly Expand its Midstream Business Long Term

Valero Energy (ticker: VLO), the largest refiner in the United States with throughput capacity of 2.90 MMBOPD, reported net income of $964 million, or $1.87 per share, in its Q1’15 results …

April 28, 2015 - 6:59 pm Downstream, Earnings, Finance, Midstream, Oil and Gas 360 Articles
American Sands Energy Moves Forward in Utah Oilsands Project

American Sands Energy Moves Forward in Utah Oilsands Project

Utah oilsands producer American Sands has received DEQ approval

American Sands Energy (ticker: AMSE) announced today that it has reached another milestone on the road to starting production at its Sunnyside oilsands project. The Department of Environmental Quality (DEQ) published …

April 28, 2015 - 6:49 pm Oil and Gas 360 Articles, Oil Sands

Energy Transfer Partners Announces Seventh Consecutive Quarterly Cash Distribution Increase

Energy Transfer Partners, L.P. (ETP) today announced that its Board of Directors has approved a $0.02 increase in its quarterly distribution to $1.015 per ETP common unit ($4.06 annualized) for the quarter ended March 31, 2015.

The quarterly …

April 28, 2015 - 6:46 pm Energy News

Regency Energy Partners LP Unitholders Approve Merger with Energy Transfer Partners, L.P.

Energy Transfer Partners, L.P. (ETP) (“ETP”) and Regency Energy Partners LP (RGP) (“Regency”) today announced that at a special meeting of Regency unitholders held earlier today, the unitholders voted to adopt the Agreement and Plan of …

April 28, 2015 - 6:44 pm Uncategorized
Lukoil Working out Terms for More Production in Iraq

Lukoil Working out Terms for More Production in Iraq

Russian oil major Lukoil seeking change in compensation from OPEC producer

Lukoil (ticker: LKOH) will continue negotiations with the Iraqi government about the continued development of the Nasiriya project. The Iraqi government is trying to develop a 300 MBOPD refinery …

PrairieSky Announces Q1 Results

PrairieSky Announces Q1 Results

PrairieSky Announces First Quarter 2015 Results

PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX:PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2015.

Highlights:

  • Funds from Operations
April 28, 2015 - 6:28 pm Canada

When Sports Meets Anarchy

Story by the Chicago Tribune

After two straight postponements due to security reasons in Baltimore, the White Sox and Orioles will meet Wednesday at Camden Yards.

But there’s one catch. The teams will play Wednesday’s game at 2:05 p.m. ET …

April 28, 2015 - 6:22 pm Energy News
TransCanda to Hold Special Shareholders Meeting

TransCanda to Hold Special Shareholders Meeting

TransCanada to Hold Annual and Special Meeting of Shareholders and Issue 2015 First Quarter Results May 1

TransCanada Corporation’s (TSX:TRP) (NYSE:TRP) (TransCanada) 2015 Annual and Special Meeting of Shareholders will be held Friday, May 1, 2015 at 10 a.m. (MDT) …

April 28, 2015 - 6:20 pm Canada
Majors Work to Improve Pipeline Safety

Majors Work to Improve Pipeline Safety

Enbridge, TransCanada, Kinder Morgan Working Together to Evaluate Aerial-Based Pipeline Safety Technologies

Three North American pipeline industry leaders – Enbridge Pipelines Inc., TransCanada Corporation, and Kinder Morgan Canada – have signed a Joint Industry Partnership (JIP) agreement to conduct research …

April 28, 2015 - 6:17 pm Canada, Midstream
DCP Midstream Announces Distribution

DCP Midstream Announces Distribution

DCP Midstream Partners Announces Quarterly Distribution

DCP Midstream Partners, LP (DPM) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.78 per common unit for the quarter ended March 31, …

April 28, 2015 - 4:37 pm MLPs
Regency Energy Partners Approve Merger

Regency Energy Partners Approve Merger

Regency Energy Partners LP Unitholders Approve Merger with Energy Transfer Partners, L.P.

Energy Transfer Partners, L.P. (ETP) (“ETP”) and Regency Energy Partners LP (RGP) (“Regency”) today announced that at a special meeting of Regency unitholders held …

April 28, 2015 - 4:35 pm Mergers & Acquisitions, MLPs

Range Announces First Quarter 2015 Results

Range Announces First Quarter 2015 Results

April 28, 2015 - 4:30 pm 360 Company Releases