Energy XXI (EXXI) today announced its Board of Directors declared a $1.8125 per share quarterly dividend on its shares of 7.25% Convertible Perpetual Preferred Stock, which have a face value of $100 per share, and a $3.5156 per share quarterly dividend on its shares of 5.625% Convertible Perpetual Preferred Stock, which have a face value of $250 per share. Dividends
NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors approved a new four-year, $12 billion program to repurchase shares of NIKE’s Class B Common Stock. The Company anticipates that the current $8 billion share repurchase program will be completed before the end of fiscal 2016, and the new program will commence upon the completion of the current program.* Repurchases
Click here to download Blackbird Energy’s 2015 Annual Report Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce that it has filed its audited consolidated financial statements, management’s discussion and analysis and annual information form for the year ended July 31, 2015 on SEDAR at www.sedar.com. In addition, the Company has filed on SEDAR its statements of reserves
Husky announces approval of 10 MBOPD modular Rush Lake 2 project Husky Energy (ticker: HSE) announced today that the company sanctioned the Rush Lake 2 project, a 10,000 barrel per day (MBOPD) modular heavy oil thermal project, and the next phase in the company’s plans to produce 80 MBOPD from such projects by the end of 2016. Rush Lake 2
Sen. Murkowski: Obama Administration at Fault for “Project Killer” Regulations Statoil (ticker: STO) is closing the door on its Alaska operations, the company announced in a press release on November 17, 2015. The Norway-based exploration and production company plans to shut its office in Anchorage and will walk away from 16 operated and 50 non-operated leases in the Chukchi Sea.
From BNN Canada’s largest energy company (SU.TO -2.83%) is in no rush to sweeten its bid for Canadian Oil Sands Ltd. (COS.TO -4.87%) “I have no plans to increase the offer,” Suncor Energy CEO Steve Williams told BNN on Wednesday. “My view is that this is a full and fair offer and I believe it will be accepted.” The Calgary-based company launched
Following approval of both boards of directors, the American Petroleum Institute and America’s Natural Gas Alliance announced the two organizations will combine into a single trade association, effective January 1, 2016. The combined association will continue ANGA’s mission under API. “There is a natural synergy between our organizations,” said API CEO Jack Gerard. “As a single organization, the combined skills
From Hein & Associates Press Release Hein & Associates LLP is honored to be the recipient of the fifth annual INSIDE Public Accounting (IPA) Best of the Best “Pyramid Award.” Earning this prestigious award means excelling in over 70 metrics across a range of planning, strategy and execution issues. Over 500 firms are measured against these criteria. Brian Mandell-Rice, Managing Partner
Black Hills Corp. (BKH) (the “Company”) today announced the pricing of a registered public offering of 5.5 million shares of its common stock at $40.25 per share, for total gross proceeds of approximately $221.4 million. In addition, the Company announced the pricing of its registered public offering of 5.2 million equity units, for total gross proceeds of $260.0 million. The
From The Wall Street Journal Investment banking firm Piper Jaffray Cos. said Tuesday that it has agreed to acquire energy-focused investment bank Simmons & Co. International for about $139 million in cash and stock, a move to expand its presence to the beaten-down oil-and-gas sector. Piper Jaffray will pay $91 million in cash and $48 million in restricted stock, in
From Aberdeen Journals Oil and gas engineers are being told to “name their price” when applying for jobs with Islamic State, according to an international terrorism expert. The Islamic caliphate, which controls a vast oil supplies and infrastructure in Syria and Iraq recruits engineers to join its hydrocarbon production sector that operates in similar ways to a national oil company.
From BNN Canada’s largest oil and gas producer Suncor Energy Inc. (SU.TO -3.03%) said on Tuesday 2016 capital spending will increase by around 15 percent from this year but production will drop slightly as a result of major turnarounds on oil sands facilities. Total production is expected to average 525,000 to 565,000 barrels of oil equivalent per day, with the midpoint
