Archive for June, 2015

After North America, Argentina and China Lead Shale Development

After North America, Argentina and China Lead Shale Development

Currently only four countries produce commercial amount of shale resources

The shale revolution has unlocked tremendous natural resource potential in the United States and Canada, with other countries trying to take advantage of shale gas and tight oil. As recently …

Lukoil Applauds Iraqi Crude Oil Split

Lukoil Applauds Iraqi Crude Oil Split

Oil split reduces pricy delays, company says, after disappointing first quarter

Iraq’s decision to split crude oil export flows into lighter and heavier grades has removed logistical problems and allowed several producers to lift self-imposed output curbs, according to Lukoil …

Expect to see P5+1-Iran Agreement First Week in July: Fesharaki

Expect to see P5+1-Iran Agreement First Week in July: Fesharaki

New Iranian Oil Volumes Could Hit the Market as Early as Oct. 2015

Chairman of global oil and gas consultancy FGE, Dr. Fereidun Fesharaki, in a conference call organized by Credit Suisse, said he believes that the basics of …

Blackbird Energy Announces Q3’15 Results

Blackbird Energy Announces Q3’15 Results

Blackbird Energy Inc. (“Blackbird“) (TSX VENTURE:BBI) is pleased to announce that it has released its financial and operating results as at and for the three and nine months ended April 30, 2015. Blackbird’s unaudited condensed consolidated interim financial …

June 26, 2015 - 3:32 pm Analytics, Canada
Montana Residents Want Buffer Zones for Oil & Gas Development

Montana Residents Want Buffer Zones for Oil & Gas Development

The coexistence of residential living and oil and gas operations has become an increasingly significant factor as the viability of hydrocarbon development has spread across the United States. Particularly in regard to shale drilling.

Colorado, North Dakota and Wyoming have …

Lone Star Value Calls On Penn Virginia To Launch A Robust Strategic Alternatives Review Process And Fully Explore All Credible Proposals

Lone Star Value Calls On Penn Virginia To Launch A Robust Strategic Alternatives Review Process And Fully Explore All Credible Proposals

June 26, 2015 - 1:45 pm 360 Company Releases
Oil & Gas 360 Energy News

Howard Energy Partners Plans to Build 200-Mile Pipeline from Texas to Mexico

New natural gas pipeline to Mexico expected to be in service by July 2017

Source: Howard Midstream Partners

Howard Midstream Energy Partners (HEP) announced today that it plans to develop the Nueva Era Pipeline, an approximately 200-mile, 30-inch natural gas pipeline connecting its existing …

June 26, 2015 - 10:20 am International, Midstream, Oil and Gas 360 Articles

Four Small Cap Stocks Overlooked by Wall Street

Four Small Cap Stocks Overlooked by Wall Street

June 26, 2015 - 9:46 am 360 Company Releases
Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation

“Our goal is to get to a cost point that’s potentially lower by a factor of about ten

Nine Oil & Gas Companies Team Up to Sponsor Super Bowl LI in Houston

Nine Oil & Gas Companies Team Up to Sponsor Super Bowl LI in Houston

Houston-based E&Ps Taking Charge in Host Committee

Nine leading oil and gas companies have signed on to support and assist the planning of Super Bowl LI, scheduled for February 5, 2017, in Houston, Texas. The Houston Super Bowl Host Committee …

June 25, 2015 - 6:55 pm Finance, Oil and Gas 360 Articles

Unit Corp. (UNT) is Trading Lower on Unusual Volume for June 25

Unit Corp. (UNT) is Trading Lower on Unusual Volume for June 25

June 25, 2015 - 5:32 pm 360 Company Releases

Whiting Petroleum Corp. (WLL) is Trading Higher on Unusual Volume for June 25

Whiting Petroleum Corp. (WLL) is Trading Higher on Unusual Volume for June 25

June 25, 2015 - 5:32 pm 360 Company Releases

Blackbird Energy Inc. Announces Release of Q3 2015 Financial and Operating Results

Blackbird Energy Inc. Announces Release of Q3 2015 Financial and Operating Results

June 25, 2015 - 5:16 pm 360 Company Releases

Patterson-UTI Energy Announces Passing of Co-Founder Glenn Patterson

PATTERSON-UTI ENERGY, INC. (PTEN) today regretfully announced the passing of A. Glenn Patterson, one of the original founders of the Company.  Mr. Patterson served as the President and Chief Operating Officer of the Company from 1978 until his …

June 25, 2015 - 4:45 pm Energy News

DTE Energy increases dividend nearly 6 percent

The DTE Energy Board of Directors today declared a $0.73 per share dividend on its common stock payable Oct. 15, 2015, to shareholders of record at the close of business Sept. 21, 2015.

This is a $0.04 per share, or …

June 25, 2015 - 4:41 pm Energy News

Cabot Oil & Gas Corporation Announces Second Quarter 2015 Earnings Release Date and Conference Call

Cabot Oil & Gas Corporation (COG) will host its second quarter 2015 earnings conference call on Friday, July 24, 2015 at 9:30 a.m. Eastern Time.  The Company plans to issue its financial and operating results prior to the …

June 25, 2015 - 4:30 pm Energy News
Murkowski Report Suggests Using Executive Power to End Oil Export Ban

Murkowski Report Suggests Using Executive Power to End Oil Export Ban

Senate Committee on Energy & Natural Resources: exempt allies from export ban 

Senator Lisa Murkowski (R-AK) has been a vocal proponent of lifting the U.S. crude export ban during her time as head of the Senate Committee on Energy & …

Penn Virginia Corporation Issues Statement Regarding Trading of Common Stock

Penn Virginia Corporation (PVA) today announced that it has no comment on market rumors and that it did not issue a press release earlier today.

Penn Virginia Corporation (PVA) is an independent oil and gas company

June 25, 2015 - 4:25 pm Energy News

Penn Virginia Corporation Issues Statement Regarding Trading of Common Stock

Penn Virginia Corporation Issues Statement Regarding Trading of Common Stock

June 25, 2015 - 2:25 pm 360 Company Releases
Source: Gazprom. LNG Tanker

Western Australia’s Government will Sequester 15% of Production from Woodside LNG JV

Industry groups say the reservation policy adds unnecessary burdens on the project

Western Australia’s gas reservation policy has been applied to the Woodside Energy-led (ticker: WPL) Browse floating liquefied natural gas (FLNG) project, . The policy was started in 2006, …

U.S. Refinery Capacity Hits 18 Million Barrels per Day

U.S. Refinery Capacity Hits 18 Million Barrels per Day

U.S. refining capacity rose by 0.2% in 2014

Refining capacity in the United States – measured as operable atmospheric crude distillation unit (CDU) capacity – increased by 0.2% in 2014, reaching a total capacity of 18 MMBOPD, according to the

June 25, 2015 - 1:20 pm Downstream, Oil and Gas 360 Articles

WPX Energy Increasing Activity and EURs in the Williston Basin

Lower Well Costs and 25% Increase in EURs Drives Decision to Resume Completions and Add Two Rigs

WPX Energy (WPX) plans to increase its activity in the Williston Basin during the second half of 2015 by resuming completions …

June 25, 2015 - 11:47 am Energy News

Bellatrix Announces Successful Start-Up of Phase 1 of the Bellatrix Alder Flats Plant and Completion of its Semi-Annual Borrowing Base Review

Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) is pleased to announce the successful start-up of Phase 1 of the Bellatrix O’Chiese Nees-Ohpawganu’ck deep cut gas plant in the Alder Flats area of Alberta (the “Bellatrix Alder Flats …

June 25, 2015 - 11:45 am Energy News

Supreme Court upholds Obamacare subsidies

Story by CNN

Obamacare has survived — again.

In a 6-3 decision, the Supreme Court saved the controversial health care law that will define President Barack Obama’s administration for generations to come.

The ruling holds that the Affordable Care …

June 25, 2015 - 11:38 am Energy News

Gran Tierra Announces Increase in 2015 Capital Program with a Focus on Colombia

Overall 2015 Capital Budget Increased by $45 million to $185 million

CALGARY, June 24, 2015 /PRNewswire/ – Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in …

June 25, 2015 - 11:32 am Energy News
Natural Gas Roundup for the Week Ended June 19, 2015

Natural Gas Roundup for the Week Ended June 19, 2015

roundup2NATURAL GAS INVENTORY (Week Ended 6/19/15)

Current: 2,508 Bcf

Actual Injection/(Withdrawal) per EIA: 75 Bcf

Economist Average Estimate per Bloomberg: 78 Bcf

Previous: 2,433 Bcf

Click here for the chart with five year averages.

Click here for an archive of

June 25, 2015 - 11:20 am Uncategorized

Breitling Energy Issues Letter to Stockholders and Business Associates

Breitling Energy Issues Letter to Stockholders and Business Associates

June 25, 2015 - 10:00 am 360 Company Releases

Providing Environmentally-Friendly Solution to Oil Well Maintenance

Providing Environmentally-Friendly Solution to Oil Well Maintenance

June 25, 2015 - 9:30 am 360 Company Releases

Bellatrix Announces Successful Start-Up of Phase 1 of the Bellatrix Alder Flats Plant and Completion of its Semi-Annual Borrowing Base Review

Bellatrix Announces Successful Start-Up of Phase 1 of the Bellatrix Alder Flats Plant and Completion of its Semi-Annual Borrowing Base Review

June 25, 2015 - 7:30 am 360 Company Releases
Noble Energy, Delek Allowed to Increase Gas Prices in Israel

Noble Energy, Delek Allowed to Increase Gas Prices in Israel

We’re determined to get the gas out: Netanyahu

The Israeli Finance Ministry will adhere to demands from Noble Energy (ticker: NBL) and Delek to increase the price of gas from its offshore operations near the country.

The two large exploration …

June 24, 2015 - 6:52 pm International, Oil and Gas 360 Articles