Husky Energy (ticker: HSE) is moving ahead with several projects expected to contribute to a compound annual production growth rate of 7% over the next four years, with production rising to 400,000 BOEPD in 2021. 2018 plan highlights Funds from operations are anticipated to exceed $4 billion and free cash flow is expected to be about $1 billion at pricing
Johan Castberg will cost $6 billion Norway’s Statoil (ticker: STO) approved the largest offshore development this year today, approving the Johan Castberg project in the arctic Barents Sea. Discovered in 2011, Johan Castberg is farther north than Prudhoe Bay in Alaska. Several exploratory wells have indicated the field has significant oil reserves, but its remoteness makes development a challenge. Original
Earthstone Energy, Inc. (ticker: ESTE) said that its borrowing base under its senior secured revolving credit facility has been increased from $150 to $185 million in connection with its regularly scheduled fall redetermination. The $185 million borrowing base will not be reduced upon closing of the company’s previously announced agreement to sell its Bakken assets. Executive VP and CFO Mark
$7 billion commitment exceeds $6.5 billion goal EnCap Investments announced it has closed EnCap Energy Capital Fund XI, which achieved capital commitments above its target. EnCap raised a total of $7 billion for this new fund, above its $6.5 billion goal. EnCap ‘s new fund follows its $6.5 billion predecessor, which was formed in April 2015. That fund is now
Continental Resources, Inc. (ticker: CLR) announced today the pricing of its private placement of $1 billion of new 4 3/8% senior unsecured notes due 2028. The notes were sold at par. The offering is expected to close on December 8, 2017. The company intendeds to use the net proceeds from this offering to repay in full and terminate its $500
Targa Resources Corp. to Participate in the 2017 Wells Fargo Securities Pipeline, MLP and Utility Symposium
7-Eleven, Inc. and Sunoco LP Provide Update On Pending Transaction
Sunoco LP Provides Update on West Texas Retail Divestiture Process
Eversource Energy Declares Common Dividend
NextEra Energy and NextEra Energy Partners to participate in Morgan Stanley Energy & Clean Tech Corporate Access Days
Jones Energy, Inc. to Participate in Upcoming Investor Conference… Username or E-mail Password Remember Me Forgot Password
Andrews Kurth Kenyon Elects New Partners for 2018
