January 6, 2016

From CNBC It is time to send out an S.O.S., before it is too late. This time, S.O.S. stands for “Save Our Shale” industry. It is only in the past several years that the United States, along with Canada, has been able to achieve a semblance of North American energy independence. United States crude oil-production soared to as much 9.6

Pioneer Natural Resources Company (PXD) (“Pioneer” or “the Company”) today announced that it has priced a public offering of its common stock at $117.00 per share. The size of the offering has been upsized from 10.5 million shares to 12 million shares. Pioneer will receive total gross proceeds (before underwriters’ discounts and commissions and estimated expenses) of approximately $1.4 billion.

Baker Hughes Incorporated (BHI) announced today that it will release its financial results for the fourth quarter and full year of 2015 before the market opens on Thursday, January 28, 2016. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 49,000 employees today work in more

Calfrac Well Services Ltd. (“Calfrac”) (TSX–CFW) announced today that that Michael J. (Mick) McNulty , Calfrac’s Chief Financial Officer, has advised Calfrac’s board of directors and executive management team that he intends to retire by March 2016.  Mr. McNulty has made significant contributions to Calfrac since being appointed as Chief Financial Officer in December of 2013. Fernando Aguilar , Calfrac’s President and

From Reuters Brazil’s state-run oil producer Petrobras ended a drill ship contract with rig contractor Ensco Plc because of corruption allegations, Ensco said, as fallout from the country’s largest-ever graft investigation spreads. Ensco received a notice from Petrobras on Monday saying the oil company believed the contract was void, Ensco said in a U.S. Securities and Exchange Commission filing dated

Steve Mueller Retiring, Will Serve as Non-Executive Chairman through May 2016 Annual Meeting Southwestern Energy Company (SWN) announced today that Bill Way, previously President and Chief Operating Officer, has been appointed President and Chief Executive Officer by the Board of Directors succeeding Steve Mueller.  Mr. Way also has been elected to the Board of Directors.  Mr. Mueller will continue to