Post Tagged with: "SEC"

Source: Reuters

United States Oil Fund gets Wells notice from SEC

Reuters


The United States Oil Fund LP, the country’s largest crude exchange-traded fund, said on Wednesday it received a Wells notice from the U.S. Securities and Exchange Commission.

The Wells notice states that SEC staff have made a preliminary determination …

August 19, 2020 - 11:00 am Closing Bell Story‎, Energy News, Finance
Source: QEP Resources

QEP and Elliot Management Enter into Cooperation Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

QEP Resources and Elliot Management will work together to appoint two new independent directors
QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with

Harvest Oil & Gas Divests Barnett Shale

Harvest Oil & Gas Divests Barnett Shale

By Tyler Losier, Energy Reporter, Oil & Gas 360

Harvest Oil & Gas sells Barnett shale assets for $72 million
Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with

Source: Boor Drilling

Borr Drilling Goes Public

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling Limited launches IPO of five million common shares
Borr Drilling (stock ticker: BORR), an international drilling contractor headquartered in Bermuda, has launched an initial public offering (IPO) in the

Magnolia Oil & Gas Registration Statement Declared Effective by SEC

Magnolia Oil & Gas Registration Statement Declared Effective by SEC

Magnolia Oil & Gas Corporation Announces Effectiveness of Registration Statement for Its Exchange Offer and Consent Solicitation Relating to Its Warrants

U.S. SEC Freezes Assets Over Suspected Insider Trading in Anadarko

U.S. SEC Freezes Assets Over Suspected Insider Trading in Anadarko

From Reuters

The U.S. Securities and Exchange Commission on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron Corp.

U.S. District Judge Gregory …

April 29, 2019 - 5:32 pm Closing Bell Story‎, Energy News
FT Says James Murdoch in Line for Tesla Chair, Musk Reply: Incorrect

FT Says James Murdoch in Line for Tesla Chair, Musk Reply: Incorrect

From Reuters

SAN FRANCISCO/BOSTON (Reuters) – Elon Musk replied with a Tweet saying: “This is incorrect” after the Financial Times reported that outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch was the lead candidate to replace him as Tesla …

Large NAFTA Trucking Firm, Facing SEC Investigation, says $200-$250M Income Discrepancy Reported for Recent Years

Large NAFTA Trucking Firm, Facing SEC Investigation, says $200-$250M Income Discrepancy Reported for Recent Years

‘Sale’ of used equipment was actually leased equipment

From CCJ  

One of the country’s largest trucking firms has notified its shareholders that its reported profit for the prior four fiscal years could be as much as $250 million less than …

April 4, 2018 - 11:45 am Closing Bell Story‎, Energy News
Netherland, Sewell & Associates, Inc. Provides Petroleum Consulting Services Worldwide

Netherland, Sewell & Associates, Inc. Provides Petroleum Consulting Services Worldwide

Netherland, Sewell & Associates, Inc. (NSAI) is a worldwide leader of petroleum property valuations for the industry, financial organizations and government agencies. NSAI delivers high quality, fully integrated engineering, operational, geological, geophysical, petrophysical and economic solutions for all facets of …

SEC Announces New Rules on Resource Extraction Payments

SEC Announces New Rules on Resource Extraction Payments

On June 27, 2016, the Securities and Exchange Commission (SEC) announced its adoption of rules which will require resource extraction issuers to disclose payments that are not de minimis made to governments for the commercial development of oil, natural gas, …

SEC Reserves Price Deck Down 48% for 2016

SEC Reserves Price Deck Down 48% for 2016

Low oil prices bring SEC price deck down to $50.13

With the end of 2015 quickly approaching, and companies preparing for a lower Securities Exchange Commission (SEC) price deck for reserves reporting, proved reserves for oil and gas companies are …

What does the U.S. Government Expect from Energy Companies in 2016?

What does the U.S. Government Expect from Energy Companies in 2016?

Just doing things right may not be enough:  legal experts discuss changes to SEC reporting expectations for energy companies and recent trends in EPA investigations and enforcement actions

Haynes and Boone LLP’s Denver office hosted a seminar this week that …

November 12, 2015 - 10:54 am Closing Bell Story‎, Oil and Gas 360 Articles, Regulatory
What will the New SEC Price Deck Mean for Reserves?

What will the New SEC Price Deck Mean for Reserves?

Every year, oil and gas companies are required by the Securities Exchange Commission (SEC) to report their proved oil and gas reserves. By reporting these reserves, companies give their investors a meaningful understanding of the resources the company controls that …