W&T Offshore, Inc. Announces Pricing of $625 Million Offering of Senior Second Lien Notes
W&T Offshore, Inc. Announces Pricing of $625 Million Offering of Senior Second Lien Notes
Velvet Offer for Iron Bridge Resources Expires
Velvet Offer for Iron Bridge Resources Expires
Sandfire Resources America Inc.: Black Butte Copper Progress Report
Sandfire Resources America Inc.: Black Butte Copper Progress Report
NW Natural Holdings Schedules Earnings Release and Conference Call for Tuesday, November 6
NW Natural Holdings Schedules Earnings Release and Conference Call for Tuesday, November 6
NuStar Energy L.P. to Announce Third Quarter 2018 Earnings Results on November 5, 2018
NuStar Energy L.P. to Announce Third Quarter 2018 Earnings Results on November 5, 2018
Oil and Gas Unemployment Dives by Almost Half YOY
The Bureau of Labor Statistics reported today that the number of unemployed workers in the oil and gas extraction industry from September 2017 to September 2018 has decreased from 24,000 to 13,000 unemployed. Oil and Gas Extraction Unemployed (Thousands) The total U.S civilian unemployment rate has declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000.
Crown Point Provides Update on Tierra del Fuego Operations
Crown Point Provides Update on Tierra del Fuego Operations
Rigs Down By Two In Unusual Week
Shifts run contrary to established trends Drilling activity bucked the historical trend this week, with unusual activity shifts according to Baker Hughes’ Weekly Rig Count. A net two wells shut down this week, leaving 1,052 rigs still operating. The current activity level appears to be at a rough equilibrium, and it has held steady around 1,050 rigs since early May.
AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share
AZZ Inc. Announces Quarterly Cash Dividend of $0.17 Per Share
Precision Drilling Acquires Trinidad Drilling In White Knight Offer
Transaction represents 17% premium to Trinidad price, 25% premium to hostile offer The recent surge in oil and gas M&A activity extends to oilfield service, as Precision Drilling Corporation (ticker: PD) and Trinidad Drilling (ticker: TDG) announced a merger today. Precision will acquire Trinidad in an all-stock deal, offering 0.445 of a Precision share for each share of Trinidad. Based
Ballard Closes Transaction to Divest Non-Core Power Manager Business
Ballard Closes Transaction to Divest Non-Core Power Manager Business
