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October 8, 2015

EV Energy Partners Announces Amendment to Senior Secured Credit Facility and Borrowing Base Increase to $625 Million

October 8, 2015

HOUSTON, Oct. 8, 2015 /PRNewswire/ — EV Energy Partners, L.P. (NASDAQ: EVEP) announced that it has entered into an amendment to its senior secured credit facility that, among other things, increases the borrowing base from $500 million to $625 million.  Additionally, EVEP’s debt to EBITDAX ratio covenants were amended as follows: Senior Secured Funded Debt to EBITDAX ≤ 3.00x through the

Rice Energy, Gulfport Energy Team up For Utica Shale Joint Venture

October 8, 2015

GPOR Dedicates Acreage in Exchange for Infrastructure Buildout Gulfport Energy (ticker: GPOR) is taking the next step in its recently acquired acreage, reaching a joint venture agreement with a wholly owned subsidiary of Rice Energy (ticker: RICE). The companies expect to invest approximately $640 million for associated midstream assets over the course of the next six years. Rice will construct

Genie Energy Confirms 350 Meters of Net Pay in Golan Heights Discovery

October 8, 2015

While sizable, it remains unclear if it can be economically or technically produced Afek Oil and Gas, an Israeli subsidiary of U.S. Genie Energy (ticker: GNE) has found substantial amounts of oil and gas in the Golan Heights. According to the company’s press release, the resource is present at multiple strata and in some of the explored portions of the

House Energy & Power Subcommittee Examines EPA’s Cap and Trade Rules

October 8, 2015

WASHINGTON, DC – The Energy and Power Subcommittee, chaired by Rep. Ed Whitfield (R-KY), today held a hearing examining the administration’s cap and trade rules. On August 3, 2015, the Environmental Protection Agency (EPA) issued two final rules and a third proposed rule to regulate carbon dioxide (CO2) emissions from new and existing fossil fuel-fired power plants. These regulations are

Delphi Energy Continues to Innovate Its Frac Design at Bigstone and Expands Drilling Program

October 8, 2015

CALGARY, ALBERTA–(Marketwired – Oct. 8, 2015) – Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to provide the following operational update. Delphi continues to improve upon its superior capital efficiencies at Bigstone through successful innovation of its slickwater frac design, resulting in both material cost savings and improved well productivity. Delphi’s 100 percent working interest 14-30-60-22W5M Montney well

Oil & Gas 360 - NatGas pipeline

TransCanada Enters Agreement to Acquire Ironwood Power Plant

October 8, 2015

CALGARY, ALBERTA–(Marketwired – Oct. 8, 2015) – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has reached an agreement to acquire the Ironwood natural gas fired, combined cycle power plant in Lebanon, Pennsylvania, with a nameplate capacity of 778 megawatts (MW), from Talen Energy Corporation (NYSE:TLN) for US$654 million. At closing, US$42 million in debt will be assumed and then

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