Saturday, June 6, 2026

Update on the Recommended Combination between Royal Dutch Shell plc and BG Group plc

Royal Dutch Shell plc (“Shell“) (RDS-A)(RDS-B) and BG Group plc (“BG“) announce that, following satisfaction of the final pre-condition to the recommended combination and with the unanimous approval of both boards, BG is today seeking the approval of the High Court to publish its scheme document and convene the related shareholder meetings. Following High Court approval, the scheme document will be

Vanguard Natural Resources, LLC Announces Reduction in Common Unit Distribution and No Change to Preferred Unit Distributions

Vanguard Natural Resources, LLC (VNR) (“Vanguard”) has declared a cash distribution attributable to the month of November 2015 of $0.03 per common unit ($0.36 per unit on an annual basis) payable on January 14, 2016 to common unitholders of record on January 4, 2016.  This distribution level represents an approximate 75% reduction from the $0.1175 per common unit monthly distribution

Newpark Resources Announces Credit Agreement Amendment

Newpark Resources, Inc. (NR) announced today that it has entered into a First Amendment to Third Amended and Restated Credit Agreement (“Amendment”), amending provisions of its existing Credit Agreement. The Amendment was principally entered into as a result of the Company’s anticipation of non-compliance with the consolidated leverage ratio financial covenant under its existing Third Amended and Restated Credit Agreement

Chesapeake Energy Corporation Announces Early Tender Results

Chesapeake Energy Corporation (CHK) today announced the preliminary results of its private offers to exchange (the “Exchange Offers”) new 8.00% Senior Secured Second Lien Notes due 2022 (the “Second Lien Notes”) for certain outstanding senior unsecured notes listed in the table below (the “Existing Notes”). From the launch of the Exchange Offers on December 2, 2015 through 5:00 p.m., New

Pioneer Natural Resources Company Reacts to Lifting of the Crude Export Ban

Pioneer Natural Resources Company (PXD)(“Pioneer” or “the Company”) applauds the actions taken by the United States Congress and President Obama to lift the 40-year ban on crude exports. This decision is a culmination of a two-year effort by Pioneer to educate policymakers on the benefits to the nation of removing the ban. Working with our fellow members of the Producers

Sempra Energy’s Mexico Unit Responds To Mexican Regulator’s Decision On PEMEX Joint Venture Acquisition

Sempra Energy (SRE) announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (IENOVA.MX) and Petróleos Mexicanos (PEMEX) will move forward to address and resolve issues raised by Mexico’s antitrust commission concerning IEnova’s purchase of PEMEX’s 50-percent equity interest in the Gasoductos de Chihuahua joint venture. Mexico’s Comisión Federal de Competencia Económica (COFECE) rejected the transaction as proposed

Halcón Resources Announces Expiration and Final Results of Debt Exchange Offer

Halcón Resources Corporation (HK) (“Halcón” or the “Company”) today announced the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities listed in the table below (the “Existing Notes”) for up to $150 million of a new issue of 12.0% Second Lien Senior Secured Notes due 2022 (the “New Notes”).

Oil Prices

Will Weak Oil Prices Push Fed Back to Zero?

First Lift Off in the History of U.S. Monetary Policy (Editor’s Note: Art Hogan, Wunderlich Securities, Inc. Director of Research & Chief Market Strategist, offered the following commentary about the Fed’s move this week to raise interest rates.) Seven years ago, the Federal Open Market Committee made the historically unprecedented move of targeting the zero bound for the federal funds

Helix

Natural Gas Rig Count Reaches All-time Low, Reports Baker Hughes

There was no change to the United States running rig count in the latest weekly report conducted by Baker Hughes, leaving the overall number at 709 with just one report remaining in fiscal 2015. While the number did not change, there was a significant swing in the targets of operations. Seventeen gas-focused rigs were laid down within the week, which

Natural Gas Falls to 16-Year Low on Healthy Supply

Story by The Wall Street Journal Natural gas slid to a fresh 16-year low on Thursday as traders increasingly fear warm weather and heavy stockpiles are leading to a glut that will last deep into next year. Heating demand has been so limited, but production is still going so strong that stockpiles last week—usually solidly into winter heating season—fell by

Yoho Resources Announces Closing of the Sale of Certain Duvernay Assets for $50 Million

CALGARY, ALBERTA–(Marketwired – Dec. 17, 2015) – Yoho Resources Inc. (“Yoho” or the “Company”) (TSX VENTURE:YO) is pleased to announce that it has closed the previously announced transaction to sell a portion of its Duvernay assets in the Kaybob area of Alberta for cash consideration of $50 million (prior to adjustments) (the “Transaction”). After giving effect to the Transaction, the