PetroQuest Energy (ticker: PQ), a micro-cap E&P headquartered in Lafayette, Louisiana, projects volumes to reach record highs of 125 to 131 MMcfe/d (76% gas) in Q2’15, the company said in its Q1’15 earnings release. Charlie Goodson, Chief Executive Officer and President of PetroQuest, said, “This record production profile coupled with a minimal capex program in the back half of 2015
Occidental Petroleum Corporation (OXY) announced today that its board of directors has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President of Occidental and President – Oxy Oil and Gas, responsible for operations in the United States, Middle East region and Latin America. The board plans for Ms. Hollub, who has served as Executive
W&T Offshore, Inc. (WTI) announced today that it has successfully completed the pricing and marketing of a $300 million five-year second-lien term loan. The term loan is expected to be made subject to a 1.0% discount to principal bearing interest at an annual rate of 9.0%. It is expected that an entity controlled by Tracy W. Krohn, W&T Offshore’s Chairman
U.S. legislators aim to phase out old railcars Crude by rail has made headlines for all the wrong reasons in recent months. Derailments and safety issues regarding older railcars has made for plenty of fear-inducing news articles for cities and towns of all sizes, even though rail accidents have actually declined. A new bill being put forward by senators from
Encana to Hold Conference Call and Webcast on First Quarter 2015 Results and Annual and Special Meeting of Shareholders on Tuesday, May 12, 2015 CALGARY, AB–(Marketwired – May 05, 2015) – (TSX: ECA) (NYSE: ECA) Encana Corporation will release its first quarter 2015 results and hold its Annual and Special Meeting of Shareholders on Tuesday, May 12, 2015. The news release
Baytex Reports Q1 2015 Results Baytex Energy Corp. (“Baytex”) (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three months ended March 31, 2015 (all amounts are in Canadian dollars unless otherwise noted). “The Eagle Ford led our operating results with record production, continued advancement of the multi-zone development potential of our acreage and significant savings in our capital spending
Teekay LNG Contemplates Norwegian Bond Issuance Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it intends to issue a minimum of NOK 700 million in new senior unsecured bonds in the Norwegian bond market that mature in May 2020 which, at current conversion rates, have an aggregate principal amount equivalent to approximately USD 90 million. The
EQT GP Holdings, LP, a Delaware limited partnership (the Partnership) and an EQT Corporation company, today announced it has commenced an initial public offering of 20,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (SEC). The underwriters will be granted a 30-day option to purchase up
American Eagle Energy Corporation (NYSE MKT: AMZG) (“American Eagle” or the “Company”), announces that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company’s Chief Financial Officer to pursue other interests in the private sector. Effective as of the opening of business on May 1, 2015, Martin J. (Marty) Beskow, age 44, became the
Enterprise Products Partners announces strong Q1 on petrochemicals and refined products Enterprise Products Partners (ticker: EPD) reported its first quarter 2015 earnings and increased its distribution for the 51st time since its initial public offering, backed by strong performances from its petrochemical and refined products divisions. For Q1’15, the company reported cash distribution of $0.375 per unit, distributable cash flow
DENVER, CO — (Marketwired) — 05/05/15 — American Eagle Energy Corporation(NYSE MKT: AMZG) (“American Eagle” or the “Company”), announces that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company’s Chief Financial Officer to pursue other interests in the private sector. Effective as of the opening of business on May 1, 2015, Martin J.
