Closing Bell Story‎

Warren Resources, Inc. (“Warren” or the “Company”) (WRES) today announced that President and Chief Executive Officer James A. Watt was appointed a director effective November 23, 2015. Mr. Watt will fill one of the current vacancies on the Board of Directors and will stand for re-election at the 2016 annual meeting of stockholders. In addition, Frank T. Smith, Jr. has been

Vermilion Energy Inc. (“Vermilion”, “the Company”, “We”, “Us”, or “Our”) (TSX, NYSE: VET) Co-founder and Chief Executive Officer Lorenzo Donadeo today announced publicly his intention to retire as CEO effective March 1, 2016, at which time he will transition to his new role as Chair of the board of directors.  Larry Macdonald, the Company’s current Chair will transition to the

Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V:JCO; OTCQX:JROOF) announces that it has signed a definitive agreement to acquire a 50% working interest in producing wells and drillable leaseholds in Central Oklahoma for a total cash consideration of USD$6.50 million.  The asset package is in an area complementary to Jericho Oil’s existing operations in Oklahoma and represents the Company’s fourth

Via TASS: Ukraine’s cabinet of ministers has banned Naftogaz of Ukraine from importing gas from Russia, according to Prime Minister Arseniy Yatsenyuk. “The cabinet has decided to order Naftogaz to stop buying Russian gas. Russia got it all wrong: it’s not them who stopped gas supplies – we stopped buying it,” he said. The prime minister said the main reason

Via Reuters: Up to $2 trillion in petroleum and coal projects will not be needed if the world takes action to limit warming of the planet to 2 degrees Celsius, according to a report released this week ahead of a global climate summit in Paris. The report adds to a string of studies warning investors that measures to curb carbon

OGE Energy Corp. (OGE) today announced that Sean Trauschke, President and CEO, has been named Chairman of the Board and will succeed Peter Delaney. Delaney will continue to serve on the Board of Directors until the end of the first quarter of 2016. Delaney, formerly President and CEO of OGE Energy, announced his plans to retire from the Company at

EXCO Resources, Inc. (XCO) (“EXCO” or the “Company”) today announced that the Company is executing on its disciplined capital allocation approach to ensure the highest and best uses of capital. EXCO will be selectively developing its asset base during the first six months of 2016, while deferring a significant amount of the Company’s drilling inventory until commodity prices improve. Capital

From the Houston Business Journal The Makeup of Houston’s SBA Loans Houston small businesses are coming off of a record-setting year for SBA loans. More than $800 million in SBA loans were issued to Houston small businesses in fiscal year 2015, compared to $688 million in loans in FY14. Of the 1,576 total SBA loans, 1,518 loans were issued as