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Wednesday, August 26, 2026

April 14, 2016

Antero Resources’ Borrowing Base Reaffirmed at $4.5 Billion

April 14, 2016

Antero Resources Announces First Quarter 2016 Operations Update DENVER, April 14, 2016 /PRNewswire/ — Antero Resources (NYSE: AR) (“Antero” or the “Company”) today provided its first quarter 2016 operations update. Highlights Include: Average net daily gas equivalent production was a record 1,758 MMcfe/d (23% liquids), an 18% increase over the prior year quarter and a 17% increase sequentially Average net

Anglo American’s Coal Assets for Sale Could be Valued at $1.5 Billion

April 14, 2016

From DealStreetAsia Mining companies and private equity firms are circling Anglo American‘s metallurgical coal assets in Australia, which could be valued at around $1.5 billion in a sale, several sources familiar with the matter said on Wednesday. Major mining firms BHP Billiton, Rio Tinto and Glencore, as well as U.S. private equity firm Apollo, have all signed non-disclosure agreements as

Wells Fargo Energy Capital Faces Losses from Oil Rout

April 14, 2016

From Reuters When Cubic Energy Inc’s bankruptcy plan took effect on March 1, shareholders of the Dallas-based oil and gas company were wiped out. Among the losers was Wells Fargo & Co. The bank had a nearly 10 percent stake in Cubic Energy at the end of 2015 – worth more than $25 million at the company’s peak – through

Canada

Touchstone Exploration Provides Credit Facility Update

April 14, 2016

CALGARY, ALBERTA–(Marketwired – April 14, 2016) – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) announces an update regarding its credit facility. Touchstone’s borrowing base on its Trinidad based credit facility has been established at US$8,000,000 following the lender’s semi-annual borrowing base review. The Company currently has US$2,000,000 drawn on the credit facility, and US$6,000,000 is currently dedicated to the

Evolution Petroleum Announces New Reserve-Based Credit Facility

April 14, 2016

HOUSTON, April 13, 2016 /PRNewswire/ — Evolution Petroleum Corporation (NYSE MKT: EPM) today announced that it has entered into a new three-year, senior secured reserve-based credit facility (“Facility”) with MidFirst Bank of Oklahoma City, Oklahoma.  The $50 million Facility replaces the Company’s unsecured credit facility which was set to mature on April 29, 2016. The initial borrowing base was set

Stone Energy Borrowing Base Now $300 Million

April 14, 2016

LAFAYETTE, La., April 14, 2016 /PRNewswire/ — Stone Energy Corporation (“Stone”) today announced an update on its first quarter operational activities and its borrowing base redetermination.  First quarter results are expected to be reported in early May 2016. Production for the first quarter of 2016 was approximately 34 MBoe (or 204 MMcfe) per day, above the first quarter production guidance of 32-33

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