Archive for August, 2015

Manitok Energy Inc. Announces Financial Results for the Second Quarter of 2015 and an Operations Update

Manitok Energy Inc. Announces Financial Results for the Second Quarter of 2015 and an Operations Update

August 31, 2015 - 9:37 pm 360 Company Releases

Samson Oil & Gas RIU Good Oil Presentation

Samson Oil & Gas RIU Good Oil Presentation

August 31, 2015 - 8:30 pm 360 Company Releases
Eni Announces Largest Gas Discovery in Mediterranean History

Eni Announces Largest Gas Discovery in Mediterranean History

Eni S.p.A. (ticker: E) believes its Zohr Prospect, located about 120 miles off the coast of Egypt, could hold as much as 30 trillion cubic feet (Tcf) of lean gas, the company announced on August 30, 2015. According to the …

Oil Prices All the Rage, but what about Natural Gas?

Oil Prices All the Rage, but what about Natural Gas?

Raymond James Cuts Long Term Henry Hub Price to $3.25

The industry buzz word for the last several years has been “liquids,” as the majority of companies have focused on oil-rich plays and realigned drilling operations to higher condensate areas. …

Oil & Gas 360 Energy News

Atlas Companies Appoint CFO

Atlas Companies Appoint Jeffrey M. Slotterback as Chief Financial Officer

PHILADELPHIA, Aug. 31, 2015 /PRNewswire/ — Atlas Energy Group, LLC (ATLS) and Atlas Resource Partners, L.P. (ARP) today announced the appointment of Jeffrey M. Slotterback as …

August 31, 2015 - 5:47 pm Midstream, MLPs

Wall Street’s worst month in 3 years ends on a sour note

Story by Reuters

* Inflation to likely rebound -Fed’s Fischer

* Oil prices jump more than 5 pct

* Phillips 66 up after Buffett discloses stake

* Indexes finish down: Dow 0.69 pct, S&P 0.84 pct, Nasdaq 1.07 pct (Updates

August 31, 2015 - 5:33 pm Energy News
Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine hopes to return to last winter’s gas deal

Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press

August 31, 2015 - 5:27 pm International, Midstream, Oil and Gas 360 Articles

Penn Virginia Corporation Announces Closing of Sale of East Texas Assets

Pro Forma Liquidity of Approximately $260 Million and Pro Forma Total Debt Ratio of 3.6 Times

Penn Virginia Corporation (PVA) today announced that it has closed the previously announced sale of its East Texas assets. The net cash …

August 31, 2015 - 5:26 pm Energy News
Oil Prices up Over $10 in a Week

Oil Prices up Over $10 in a Week

Oil continues climb

Oil prices continued to climb today, following a trend from late last week. West Texas Intermediate for October 2015 was trading at $47.50 per barrel today, up about $10 from last Monday’s lows. Last week, better …

Penn Virginia Corporation Announces Closing of Sale of East Texas Assets

Penn Virginia Corporation Announces Closing of Sale of East Texas Assets

August 31, 2015 - 4:05 pm 360 Company Releases

Whiting Petroleum Corporation President and CEO James J. Volker to Present at Barclays CEO Energy-Power Conference

Whiting Petroleum Corporation President and CEO James J. Volker to Present at Barclays CEO Energy-Power Conference

August 31, 2015 - 4:01 pm 360 Company Releases
Alberta Royalties will Remain Unchanged Until 2017

Alberta Royalties will Remain Unchanged Until 2017

Alberta’s royalty review panel has decided not to make changes until after the end of 2016

The Alberta provincial government released a statement last week announcing that it had formed a panel to conduct a review of the oil and …

WPX Energy begins delevering with sale of Van Hook gathering system

$185 Million Transaction Part of Plan Targeting $400-$500 Million in Divestitures by Year-End

TULSA, Okla.–(BUSINESS WIRE)– WPX Energy (NYSE: WPX) announced today that it has agreed to sell a North Dakota gathering system for approximately $185 million to a private …

August 31, 2015 - 11:45 am Energy News

National Oilwell Varco Appoints SVP and CFO

National Oilwell Varco, Inc. (NOV) announced today that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell Varco, effective August 28, 2015. Mr. Bayardo succeeds Scott K. Duff, Interim Chief Financial …

August 31, 2015 - 11:38 am Energy News

Buffett’s Berkshire takes $4.48 billion stake in Phillips 66

Story by Reuters

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) disclosed a $4.48 billion stake in oil refiner Phillips 66 (PSX.N), rebuilding a bet it had made in the energy industry before oil prices fell.

The 57.98 million-share, or roughly 10.8 …

August 31, 2015 - 11:32 am Energy News

Atlas Companies Appoints CFO

Atlas Energy Group, LLC (ATLS) and Atlas Resource Partners, L.P. (ARP) today announced the appointment of Jeffrey M. Slotterback as Chief Financial Officer of both ATLS and ARP, which will take effect as of September 18…

August 31, 2015 - 11:30 am Energy News

Gastar Exploration Announces Borrowing Base Maintained At $200 Million

Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar”) today announced that it has completed its second scheduled borrowing base redetermination of its revolving credit facility for 2015 and, as a result, the borrowing base has been reaffirmed by the lending participants …

August 31, 2015 - 11:29 am Energy News

Attention Shareholders: Critical Due Diligence Ascertained

Attention Shareholders: Critical Due Diligence Ascertained

August 31, 2015 - 8:56 am 360 Company Releases

Attention Shareholders: Critical Due Diligence Ascertained

Attention Shareholders: Critical Due Diligence Ascertained

August 31, 2015 - 8:56 am 360 Company Releases
Get Caught Up – Closing Bell Report

Get Caught Up – Closing Bell Report

Free Oil & Gas Subscription

Join 22,000+ oil and gas focused institutional investors along with North American and International energy company c-suite and field professionals who receive the Oil & Gas 360® “Closing Bell Report” after the close of business …

August 31, 2015 - 8:28 am Oil and Gas 360 Articles
It’s Earnings Season! Company Releases

It’s Earnings Season! Company Releases

It’s Earnings Season!

This page will be regularly updated with earnings releases as they are issued, so keep checking in!

Subscribe to OAG360’s Industry Event Calendar for a comprehensive list of E&P, oilservice and refining company releases.

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November …

August 30, 2015 - 7:52 am Oil and Gas 360 Articles
Exhaust fumes blown into a sky.

Dr. Patrick Moore – CO2 Emissions are Life Saving

An Oil & Gas 360® exclusive interview with a founding member of Greenpeace International

Oil & Gas 360® spoke with Dr. Patrick Moore, cofounder of Greenpeace International about the organization’s purpose in its early days. Initially, the group was formed …

August 28, 2015 - 6:57 pm Oil and Gas 360 Articles
Rig Count Falls by 8 Over the Course of the Week

Rig Count Falls by 8 Over the Course of the Week

Rig counts remain low along with prices

The total rig count in the United States for the week ended August 28, 2015, fell eight rigs to 877, according to information from Baker Hughes (ticker: BHI). Rig counts have remained in …

Bellatrix Exploration Ltd. – Day Three Breakout Notes

Bellatrix Exploration Ltd. – Day Three Breakout Notes

Brent A. Eshleman, Executive Vice President and Chief Operating Officer of Bellatrix Exploration Ltd. (NYSE: BXE), presented today at EnerCom’s The Oil & Gas Conference® 20.

Bellatrix Exploration Ltd. is a Western Canadian based growth oriented oil and gas company …

August 28, 2015 - 5:03 pm Oil and Gas 360 Articles
Frank’s International – Day Three Breakout Notes

Frank’s International – Day Three Breakout Notes

Jeffrey J. Bird, ‎Executive Vice President and Chief Financial Officer of Frank’s International N.V. (NYSE: FI), presented today at EnerCom’s The Oil & Gas Conference 20®.

Frank’s International N.V. is a global oil services company that provides a broad and …

August 28, 2015 - 4:50 pm Oil and Gas 360 Articles
Katrina + 10

Katrina + 10

A decade of healing 

When Hurricane Katrina made landfall on the U.S. Gulf coast at New Orleans, Louisiana, on Sept. 29, 2005, the storm unleashed flood waters that devastated families, businesses and livelihoods.

The single most catastrophic natural disaster in

August 28, 2015 - 3:49 pm Feature Stories, Offshore, Oil and Gas 360 Articles
Source: Iraqenergy.org

Kurdistan to Make Steady Payments, But Iraq Walks a Fine Line

Kurdistan set to pay $75-$100 million to oil exporters next month

Iraq’s northern Kurdish region announced that it will start making regular payments for crude exports to producers starting in the first-half of September. Exporters will receive $75-$100 million in …

August 28, 2015 - 3:39 pm International, Oil and Gas 360 Articles, OPEC
Aly Energy Services – Day Three Breakout Notes

Aly Energy Services – Day Three Breakout Notes

Munawar “Micki” H. Hidayatallah, the Chairman & CEO; Mark C. Patterson, President and COO; and Alya Hidayatallah, CFO of Aly Energy Services, Inc. (OTCBB: ALYE), presented today at EnerCom’s The Oil & Gas Conference 20®.

Aly Energy Services, Inc., through …

August 28, 2015 - 3:32 pm Oil and Gas 360 Articles
Jericho Oil Corporation – Day Three Breakout Notes

Jericho Oil Corporation – Day Three Breakout Notes

Allen Wilson, President and Chief Executive Officer of Jericho Energy (CDNX: JCO), presented today at EnerCom’s The Oil & Gas Conference® 20.

Jericho Energy is focused on growth through consistent, predictable and repeatable high margin conventional oil production by bringing …

August 28, 2015 - 1:38 pm Oil and Gas 360 Articles
Interview with Brian Schmidt, CEO of Tamarack Valley Energy

Interview with Brian Schmidt, CEO of Tamarack Valley Energy

Brian Schmidt, President and Chief Executive Officer of Tamarack Valley Energy Ltd. (CDNX: TVE), speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Tamarack’s oil-focused assets include light oil resource …

August 28, 2015 - 1:22 pm TOGC, Videos