Archive for April, 2015

Sunoco Logistics Announces Distribution Increase

Sunoco Logistics Announces Distribution Increase

Sunoco Logistics Announces Twelfth Consecutive Quarter over Quarter Distribution Increase of 5 Percent and Earnings Conference Call Date

Sunoco Logistics Partners L.P. (SXL) (the “Partnership”) today announced that Sunoco Partners LLC, its general partner, has declared a cash …

April 28, 2015 - 4:28 pm MLPs
ETP Announces Distribution Increase

ETP Announces Distribution Increase

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 …

April 28, 2015 - 4:21 pm MLPs

Range to Host First Quarter 2015 Earnings Conference Call and Webcast Live on Wednesday, April 29, 2015

Range to Host First Quarter 2015 Earnings Conference Call and Webcast Live on Wednesday, April 29, 2015

April 28, 2015 - 4:06 pm 360 Company Releases
Washington Passes New Crude-by-Rail Regulations

Washington Passes New Crude-by-Rail Regulations

Bipartisan bill requires advanced notice for crude-by-rail shipments and a new tax

Washington state lawmakers passed legislation last week that adds new requirements to oil being transported into the state by rail. The bill, Senate Bill 5057, was initially …

April 28, 2015 - 3:26 pm Midstream, Oil and Gas 360 Articles, Politics & Opinions

Selling off Cash Flow to Reduce $13 B Debt

Story by The Globe and Mail

Barrick Gold Corp. plans to sell part of its prized Chilean copper mine, in a move to reduce its $13-billion (U.S.) debt burden.

The partial sale of Zalidvar will crimp Barrick’s cash flow at

April 28, 2015 - 12:22 pm Energy News
Oil & Gas 360 Energy News

Exterran Partners Increases Cash Distribution

Exterran Partners, L.P. (EXLP) today announced a cash distribution of $0.5625 per limited partner unit, or $2.25 per limited partner unit on an annualized basis, payable on May 15, 2015 to unitholders of record at the close of …

April 28, 2015 - 12:12 pm Energy News, MLPs
How Rough will Earnings Season be on Smaller Oilservice Providers?

How Rough will Earnings Season be on Smaller Oilservice Providers?

The giants of the oilservice industry kicked off earnings season last week. The viewpoints of multi-billion dollar companies like Halliburton (ticker: HAL), Schlumberger (ticker: SLB) and Weatherford (ticker: WFT) are unique, given that the companies provide an insider’s perspective on …

April 28, 2015 - 11:20 am Earnings, Fracing, Oil and Gas 360 Articles, Oilfield Services
Range Resources Q1 Conference Call Wed. 9:00 a.m. EDT

Range Resources Q1 Conference Call Wed. 9:00 a.m. EDT

Range Resources (ticker: RRC) first quarter 2015 financial results news release will be issued Tuesday, April 28 after the close of trading on the New York Stock Exchange.

A conference call to review the financial results is scheduled on Wednesday, …

April 28, 2015 - 11:20 am Analytics
Frac Sands Feeling Pressure

Frac Sands Feeling Pressure

Frac sand companies could continue to feel strain even if oil makes a recovery

Every corner of the oil and gas industry has felt the effects of lower commodity prices since prices fell off drastically November of last year. Even …

April 27, 2015 - 6:59 pm Commodity Pricing, Fracing, Oil and Gas 360 Articles

Lonestar Resources, Ltd. March 2015 Quarterly Results Conference Call

Lonestar Resources, Ltd. March 2015 Quarterly Results Conference Call

April 27, 2015 - 5:56 pm 360 Company Releases
Halliburton, Baker Hughes Announce First $3.5 Billion of Divestitures, More to Follow

Halliburton, Baker Hughes Announce First $3.5 Billion of Divestitures, More to Follow

Oilservice major Halliburton announces marketing of certain assets to satisfy antitrust laws

Earlier this month, Halliburton (ticker: HAL) announced that it would divest $3.5 billion in assets in the first round of divestitures to satisfy antitrust concerns in its $35 …

InterOil Begins Flow Testing on Elk-Antelope Gas Field

InterOil Corporation (NYSE: IOC; POMSoX: IOC) has begun flow testing at the Elk-Antelope gas field in Papua New Guinea as part of the field appraisal.

Papua New Guinea Prime Minister the Honorable Peter O’Neill and the Minister for Department of …

April 27, 2015 - 5:35 pm Energy News

Parsley Energy Increases Committed Portion of Credit Facility to $500 Million

Parsley Energy, Inc. (PE) (“Parsley” or the “Company”) today announced that aggregate lender commitments under its revolving credit facility have been increased by $135 million to $500 million. Aggregate commitments equal the Company’s $500 million borrowing base, which …

April 27, 2015 - 5:33 pm Energy News

Callon Petroleum Company Announces First Quarter 2015 Earnings Release and Conference Call Schedule

Callon Petroleum Company Announces First Quarter 2015 Earnings Release and Conference Call Schedule

April 27, 2015 - 5:25 pm 360 Company Releases
Trans-Alaska oil pipeline

Canacol Energy Replaces Credit Agreement

Canacol Energy Ltd. Enters Into US$ 200 Million Long-Term Secured Credit Agreement to Replace Existing Credit Agreement

Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to announce that it has entered into a credit agreement for a US$ …

April 27, 2015 - 5:03 pm Canada
Alerian to Rebalance MLP Index

Alerian to Rebalance MLP Index

Alerian Announces A Special Rebalancing Of The Alerian MLP Infrastructure Index

Alerian announced today that Regency Energy Partners (RGP) is expected to be removed from the Alerian MLP Infrastructure Index (NYSE:AMZI) in a special rebalancing.

Special rebalancings are …

April 27, 2015 - 4:59 pm MLPs
Memorial Production Partners Announces Distriubtion

Memorial Production Partners Announces Distriubtion

Memorial Production Partners LP Announces First Quarter 2015 Cash Distribution and First Quarter 2015 Earnings Conference Call and Webcast

Memorial Production Partners LP (MEMP) announced today that the board of directors of its general partner declared a cash …

April 27, 2015 - 4:57 pm MLPs
Larry Lee Controlled Entity Acquires Interest In New Source

Larry Lee Controlled Entity Acquires Interest In New Source

Larry Lee Controlled Entity Acquires Interest In New Source Energy GP, LLC

New Source Energy Partners L.P., a Delaware limited partnership (“NSLP” or the “Partnership”), today announced that 2100 Energy LLC (“2100 Energy”), an entity owned by Larry Lee, whose …

April 27, 2015 - 4:54 pm MLPs
New MLP Presentations

New MLP Presentations

Week Ended February 5, 2016

None

Week Ended January 29, 2016

ONEOK Partners

Week Ended January 22, 2016

None

Week Ended January 15, 2016

American Midstream Partners

Buckeye Partners

Martin Midstream Partners

MPLX LP

NuStar Energy LP

ONEOK Partners

Rose

April 27, 2015 - 4:30 pm MLPs, Oil and Gas 360 Articles

Energy XXI Announces Fiscal 2015 Third-Quarter Earnings Release and Conference Call Date

Energy XXI Announces Fiscal 2015 Third-Quarter Earnings Release and Conference Call Date

April 27, 2015 - 4:10 pm 360 Company Releases

PetroQuest Energy, Inc. Invites You To Join Its First Quarter 2015 Earnings Conference Call

PetroQuest Energy, Inc. Invites You To Join Its First Quarter 2015 Earnings Conference Call

April 27, 2015 - 4:05 pm 360 Company Releases
Oklahoma Senate Says No to Frac Bans

Oklahoma Senate Says No to Frac Bans

A bill that would prohibit local frac bans is expected to reach the Governor

The Oklahoma House approved a bill 64-32 that would prevent local governments from enacting bans on hydraulic fracturing. Senate Bill 809 would leave local governments with …

Iraq Will Export New Crude Grade in May After Setting Discounts

Story by Bloomberg

Iraq, OPEC’s second-biggest producer, will start exporting Basrah Heavy crude next month after offering discounts for the new grade in Europe, Asia and the Americas.

The heavy grade “will help us to preserve our oil qualities” and …

April 27, 2015 - 12:22 pm Energy News
Tallgrass Energy GP Announces Launch of IPO

Tallgrass Energy GP Announces Launch of IPO

Tallgrass Energy GP, LP Announces Launch of Initial Public Offering

Tallgrass Energy GP, LP (“TEGP”) today announced the launch of its initial public offering of 35,311,000 Class A shares representing limited partner interests pursuant to a registration statement on Form …

April 27, 2015 - 11:35 am MLPs

UK government warns BP over potential takeover

Story by the Financial Times

The British government has told BP it would oppose any potential takeover of the company, which was seriously weakened by the huge bill incurred after the Gulf of Mexico Deepwater Horizon disaster five years ago.…

April 27, 2015 - 10:55 am Energy News

Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy (KOS) announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.

Based …

April 27, 2015 - 10:52 am Energy News
Magnum Hunter CEO Talks OPEC, Commodity Environment on Yahoo! Finance

Magnum Hunter CEO Talks OPEC, Commodity Environment on Yahoo! Finance

April 27, 2015 - 10:45 am Analytics, Energy News
Drill Rig in Alaska - Oil & Gas 360

Precision Drilling Announces Q1 Results, Q2 Dividend

PRECISION DRILLING CORPORATION ANNOUNCES 2015 SECOND QUARTER DIVIDEND, 2015 FIRST QUARTER FINANCIAL RESULTS

(Canadian dollars except as indicated)

This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking

April 27, 2015 - 10:15 am Canada
5 Oil & Gas Producers Earn Best 100 Corporate Citizen Status

5 Oil & Gas Producers Earn Best 100 Corporate Citizen Status

2 Midstream/LNG, 2 O&G Technology Companies Make the Cut

Corporate Responsibility Magazine released its newest company rankings, entitled “100 Best Corporate Citizens 2015.”

The top ten companies for 2015 were mostly mega-sized household names; only one in the top ten …

Core Labs CEO: Higher crude prices coming soon

Story by CNBC

In Jim Cramer’s vast career on Wall Street, he knows that when a CEO of a company with a great long-term track record says his stock is misjudged by the market—it is time to listen.

Core Laboratories

April 24, 2015 - 6:51 pm Energy News