Archive for March, 2016

Norrep Short Duration 2016 Flow-Through Limited Partnership Files Preliminary Prospectus

Norrep Short Duration 2016 Flow-Through Limited Partnership Files Preliminary Prospectus

March 31, 2016 - 6:20 pm Press Releases
Which E&Ps are Paying Dividends?

Which E&Ps are Paying Dividends?

Many energy companies have elected to reduce or suspend dividends over the course of 2015, but not everyone. On March 29, 2016, SM Energy (ticker: SM; SM-Energy.com) announced that the board of directors had approved a semi-annual cash dividend …

Are the Oil Bulls Getting Ready to Run?

Are the Oil Bulls Getting Ready to Run?

We Have Created a Significant Supply Gap in the Years to Come: Andurand

Pierre Andurand, one of the foremost prognosticators of the oil collapse, has declared the beginning of a bull run on oil prices that will likely span the …

2016: The World’s Largest Public Oil & Gas Companies

2016: The World’s Largest Public Oil & Gas Companies

Russian Companies Top the List

Forbes has released its 2016 ranking of the world’s largest public oil and gas companies.

With 2015 in the books, after a year of turmoil in a capital-intensive industry that was slammed by diving …

Why Oil and Gas Companies Are Bracing for Bad News From Banks

From Wall Street Journal

Bah, humbug.

While it is the wrong season for “A Christmas Carol,” U.S. oil and gas producers are bracing for words to that effect from their lenders. Redetermination season, a twice-yearly ritual in which banks reassess …

March 31, 2016 - 6:06 pm Closing Bell Story‎, Energy News

Northern Frontier Corp. Announces Extension of Waiver of Financial Covenants

Northern Frontier Corp. Announces Extension of Waiver of Financial Covenants

March 31, 2016 - 6:04 pm Press Releases

PBF Logistics LP Announces Exercise of Option to Purchase Additional Units

PBF Logistics LP Announces Exercise of Option to Purchase Additional Units

March 31, 2016 - 6:03 pm Press Releases

Bankers Petroleum to release first quarter operational update April 5, 2016 and completes year-end filings

Bankers Petroleum to release first quarter operational update April 5, 2016 and completes year-end filings

March 31, 2016 - 6:03 pm Press Releases
Corridor Announces 2015 Year End Results and Reserves

Corridor Announces 2015 Year End Results and Reserves

HALIFAX, NOVA SCOTIA–(Marketwired – March 30, 2016) – Corridor Resources Inc. (“Corridor” or the “Company”) (TSX:CDH) announced today its 2015 year-end financial results and reserve evaluations. Corridor’s annual financial statements, annual management’s discussion and analysis and Annual Information Form for …

March 31, 2016 - 6:02 pm Canada
Logan International Reports Fourth Quarter and Fiscal 2015 Results

Logan International Reports Fourth Quarter and Fiscal 2015 Results

CALGARY, ALBERTA–(Marketwired – March 30, 2016) –

(All reported figures are in US dollars unless otherwise noted)

Logan International Inc. (TSX:LII) (“Logan” or the “Company”) today reported the results of its fourth quarter and year ended December 31, 2015.

Recent …

March 31, 2016 - 6:00 pm Canada

Hedge Funds Up Bullish Bets on Rising Oil Prices

From CNBC

Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel.

By the close of business on March 22, money …

March 31, 2016 - 5:58 pm Closing Bell Story‎, Energy News

U.S. Refiners Press on Despite Unbalanced Fuel Demand

From Reuters

Strong growth in consumption of gasoline while demand for other fuels remains more subdued is creating a headache for oil refiners in the United States and around the rest of the world.

U.S. refineries are configured to turn …

March 31, 2016 - 5:55 pm Closing Bell Story‎, Energy News

PSNC Energy Files for Rate Increase to Recover Operation and Expansion Costs

PSNC Energy Files for Rate Increase to Recover Operation and Expansion Costs

March 31, 2016 - 5:50 pm Press Releases

Will Oil Price Crash Create A New Price Spike?

From Forbes

The oil patch in 2016 resembles the sequel to “There Will Be Blood,” with massive layoffs and plummeting capital expenditures, such that expectations of a tightening market and renewed oil price surge are widespread. The chaos in the …

March 31, 2016 - 5:47 pm Closing Bell Story‎, Energy News

Regional Banks Could Suffer Higher Losses From Oil, S&P Says

From Bloomberg

U.S. regional banks with large energy exposures including Comerica Inc. and Zions Bancorp could suffer higher losses than analysts predict if oil prices continue to fall, according to a Standard & Poor’s Ratings Services report.

Only two of …

March 31, 2016 - 5:45 pm Closing Bell Story‎, Energy News

Altura Energy Inc. Announces its Fourth Quarter 2015 and 2015 Year End Results

Altura Energy Inc. Announces its Fourth Quarter 2015 and 2015 Year End Results

March 31, 2016 - 5:40 pm Press Releases

The U.S. Is a Big Oil Importer Again

From Bloomberg

In the three months since the U.S. lifted its 40-year ban on crude oil exports, a curious thing has happened. Rather than flooding global markets, U.S. crude shipments to foreign buyers have stalled. At the same time, imports …

March 31, 2016 - 5:38 pm Closing Bell Story‎, Energy News

Asia Can’t Seem to Escape Its Addiction to Middle East Oil

From Bloomberg

Even in a world awash with crude, buyers in the world’s biggest oil market can’t seem to escape their addiction to Middle East supplies.

South Korea’s imports from the Middle East climbed last year to the highest level …

March 31, 2016 - 5:34 pm Closing Bell Story‎, Energy News

AEP Ohio Moving Forward On Power Purchase Agreement

AEP Ohio Moving Forward On Power Purchase Agreement

March 31, 2016 - 5:34 pm Press Releases

Oneok Inc. Files SEC Form CORRESP, Correspondence (Sept. 9, 2015)

Oneok Inc. Files SEC Form CORRESP, Correspondence (Sept. 9, 2015)

March 31, 2016 - 5:32 pm Press Releases

Researchers Submit Patent Application, “Suppressing Oscillations Due to Pattern Switching in Low Drawdown Wells”, for Approval (USPTO 20160078158)

Researchers Submit Patent Application, “Suppressing Oscillations Due to Pattern Switching in Low Drawdown Wells”, for Approval (USPTO 20160078158)

March 31, 2016 - 5:32 pm Press Releases

Western Oil Sands Inc. Files SEC Form UPLOAD, Sec-generated Letter (Jul. 26, 2007)

Western Oil Sands Inc. Files SEC Form UPLOAD, Sec-generated Letter (Jul. 26, 2007)

March 31, 2016 - 5:32 pm Press Releases

“Systems and Methods for Reducing Emissions in Exhaust of Vehicles and Producing Electricity” in Patent Application Approval Process (USPTO…

“Systems and Methods for Reducing Emissions in Exhaust of Vehicles and Producing Electricity” in Patent Application Approval Process (USPTO…

March 31, 2016 - 5:31 pm Press Releases

Parsley Energy, Inc. Files SEC Form CORRESP, Correspondence (Dec. 30, 2015)

Parsley Energy, Inc. Files SEC Form CORRESP, Correspondence (Dec. 30, 2015)

March 31, 2016 - 5:31 pm Press Releases

Deep Down, Inc. Files SEC Form 8-K, Current Report (Mar. 16, 2016)

Deep Down, Inc. Files SEC Form 8-K, Current Report (Mar. 16, 2016)

March 31, 2016 - 5:31 pm Press Releases

America Needs An Energy President

From Forbes

Anyone who has been waiting for leadership on energy policy during this year’s tumultuous Presidential campaign may be waiting in vain. There’s little talk of energy and, even when the candidates offer a few proposals on their campaign …

March 31, 2016 - 5:30 pm Closing Bell Story‎, Energy News

Changfeng Formalized and Signed the Gas Supply Contract With CNOOC

Changfeng Formalized and Signed the Gas Supply Contract With CNOOC

March 31, 2016 - 5:30 pm Press Releases

Trinidad Drilling Ltd. to Release First Quarter 2016 Results and to Hold Conference Call and Webcast

Trinidad Drilling Ltd. to Release First Quarter 2016 Results and to Hold Conference Call and Webcast

March 31, 2016 - 5:28 pm Conference Calls & Webcasts, Press Releases

Lynden Energy Obtains Interim Order in Connection With Proposed Arrangement With Earthstone Energy, Inc.

Lynden Energy Obtains Interim Order in Connection With Proposed Arrangement With Earthstone Energy, Inc.

March 31, 2016 - 5:21 pm Press Releases

Enbridge Reports on 2015 Social and Environmental Performance and Progress and Introduces New Corporate Climate Policy

Enbridge Reports on 2015 Social and Environmental Performance and Progress and Introduces New Corporate Climate Policy

March 31, 2016 - 5:15 pm Press Releases