BOE Report

Archives for 2016

Tensions high during Quebec’s environmental hearings into Energy East pipeline

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LEVIS, Que. - As Luc Villeneuve begins talking to a reporter about his renewable energy foundation, he is abruptly interrupted outside the conference room where public hearings on Energy East are taking place."You didn't come here in an electric car, did you?" truck driver Michel Morin asks in a taunting voice.Villeneuve, 46, a little shaken, replies he would love to buy such a car."But there is oil in the car you drove here, isn't there?" Morin aggressively counters, before storming off into [Read more]

Pacific announces fourth quarter & year end 2015 results

TORONTO, March 18, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today the release of its audited consolidated financial statements for the year and quarter ended December 31, 2015, together with its management discussion and analysis ("MD&A"), Annual Information Form ("AIF") and Form 51-101 F1 - Statement of Reserves Data and Other Oil and Gas Information for the Company (the "F1 Report") in respect of the year ended December 31, 2015. These documents will [Read more]

Pacific announces fourth quarter & year end 2015 results

TORONTO, March 18, 2016 /PRNewswire/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today the release of its audited consolidated financial statements for the year and quarter ended December 31, 2015, together with its management discussion and analysis ("MD&A"), Annual Information Form ("AIF") and Form 51-101 F1 - Statement of Reserves Data and Other Oil and Gas Information for the Company (the "F1 Report") in respect of the year ended December 31, 2015. These [Read more]

Ottawa fleshes out how it proposes to measure upstream greenhouse gases

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CALGARY - The federal government has fleshed out how it proposes to measure upstream greenhouse gas emissions resulting from new resource projects.Ottawa announced in January that federal project reviews will take into account the broader climate impacts of projects like pipelines and liquefied natural gas facilities.A notice in the Canada Gazette sets out the Environment Department's proposed methodology for coming up with estimates and interested parties have 30 days to comment.The approach is [Read more]

DXI Energy Releases P&NG Reserves Data for 2015

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 18, 2016) - DXI Energy Inc. (TSX:DXI) (NYSE MKT:DXI) ("DXI Energy" or the "Company") announces today that it has released its P&NG reserves data for 2015. Consolidated petroleum and natural gas ("P&NG") reserves in Canada and the USA were 13,992,000 BOE at December 31, 2015. Ninety-six percent (96%) of the Company's P&NG reserves at December 31, 2015 are located in the USA at the Company's "Kokopelli" project in Garfield County, [Read more]

Clean Energy CEO Strongly Supports Senator Inhofe letter to EPA

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp., (NASDAQ: CLNE) CEO Andrew J. Littlefair today gave his strong support to Senator Jim Inhofe (R-OK) and the letter he delivered to EPA Administrator Gina McCarthy, detailing how the EPA should incorporate natural gas vehicles into remediation efforts when investigating the Volkswagen diesel emissions issue. “Senator Inhofe has given the EPA a proven path to [Read more]

Platts JKM™ for April-Delivered LNG Down 38.7% Year Over Year

SINGAPORE, March 18, 2016 /PRNewswire/ -- Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.460 per million British thermal units (/MMBtu) for April, according to latest Platts Japan/Korea Marker (Platts JKM™) data for month-ahead delivery. The figure reflects the daily JKM assessment published by Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, between February 16 and March 15, expressed as [Read more]

Woodfibre LNG Project – Environmental Assessment Decision

OTTAWA, March 18, 2016 /CNW Telbec/ - The Honourable Catherine McKenna, Minister of Environment and Climate Change, today announced that the proposed Woodfibre LNG Project, located near Squamish, British Columbia, is not likely to cause significant adverse environmental effects. In her Environmental Assessment Decision Statement, the Minister established legally binding conditions, which include mitigation measures and follow-up requirements with which the proponent must comply throughout the [Read more]

US rig count drops 4 this week to all-time low of 476

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HOUSTON - The number of rigs exploring for oil and natural gas in the U.S. dropped 4 this week to 476, a record low and another sign of continuing price woes in the oil and gas industry.A year ago, 1,069 rigs were active.Houston-based oilfield services company Baker Hughes Inc. said Friday that 387 rigs sought oil and 89 explored for natural gas this week.Among major oil- and gas-producing states, New Mexico lost two rigs and Kansas, North Dakota, Ohio and Oklahoma each lost one.Texas gained two [Read more]

Bill Barrett Corporation Announces Upcoming Investor Event

DENVER, March 18, 2016 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that management is scheduled to present at the Scotia Howard Weil Energy Conference at 4:10 p.m. CT (3:10 p.m. MT) on Monday, March 21, 2016. Scot Woodall, Chief Executive Officer and President, will present on behalf of the Company. The presentation for this event will be available on the Company's website at www.billbarrettcorp.com under the "Investor Relations" section. The event will [Read more]