Tuesday, June 23, 2026

Quicksilver Resources Closes Auction With $245 Million Bid

From The Wall Street Journal Energy company Quicksilver Resources Inc. is preparing to sell its oil and gas drilling operations throughout Texas to BlueStone Natural Resources II LLC, which turned in an auction-winning bid of $245 million in cash. BlueStone Natural Resources emerged the winner of a bankruptcy auction for Quicksilver Resources’ operations that began on Jan. 20 and lasted

Energy Transfer Partners Announces Quarterly Cash Distribution and 2016 Capital Expenditure Update

Fourth quarter distribution of $1.055 per unit, consistent with prior quarter No expectation for public debt or equity capital markets issuances in 2016 2016 growth capital expenditures to be reduced by at least $750 million Earnings to be released February 24 Energy Transfer Partners, L.P. (ETP) (“ETP” or the “Partnership”) today announced its quarterly distribution for the fourth quarter ended

Canada’s National Energy Board Forecasts US$55-$80 Oil by 2020

From the Financial Post Canada’s top energy regulator says the country’s crude oil production will continue to grow till at least 2040 even if key pipeline projects do not proceed and despite government policies to reduce greenhouse gas emissions. The NEB forecasts Brent crude prices to average US$80 per barrel by 2020 and US$105 per barrel by 2040 in its

Flotek Industries, Inc. Announces Release Of MHA Petroleum Consultants, LLC Study Of CnF® Effectiveness In The Denver Julesburg Basin Of Colorado

Flotek Industries, Inc. (NYSE:FTK – News) (“Flotek” or the “Company”) today announced the release of the study regarding the effectiveness of the Company’s suite of Complex nano-Fluid® completion chemistries (“CnF®”) in the Denver Julesburg Basin (“D-J Basin”) by MHA Petroleum Consultants, LLC (“MHA”). As noted in the Company’s press release of January 19, 2016, MHA was retained by the Special Technical Committee (the