BOE Report

Archives for 2016

Global Heat Exchangers Market is Expected to Grow with 7% CAGR During 2015 – 2020: P&S Market Research

NEW YORK, January 21, 2016 /PRNewswire/ -- The global heat exchangers market was valued at $14,108.8 million in 2014, and it is expected to grow with a CAGR of 6.5% during 2015 - 2020. The factors driving the growth of the global market include advancement in technology and growing HVAC, petrochemical, food processing, and chemical industries. Chemical industry is the fastest growing end-user industry for heat exchangers, due to huge investment from Asia-Pacific. During the forecast period, [Read more]

Ultra Petroleum Corp. To Webcast Fourth Quarter 2015 Results

HOUSTON, Jan. 21, 2016 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) announces the following Webcast to discuss its fourth quarter 2015 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2015 Results Webcast When: February 18, 2016 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer, skraemer@ultrapetroleum.com, 281-582-6613   [Read more]

Enerplus Announces Cash Dividend for February 2016

CALGARY, Jan. 21, 2016 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.03 per share will be payable on February 16, 2016 to all shareholders of record at the close of business on February 1, 2016. The ex-dividend date for this payment is January 28, 2016. The CDN$0.03 per share dividend is equivalent to approximately US$0.02 per share if converted using the current Canadian/US dollar exchange rate of 0.6854. The U.S. dollar [Read more]

N.S. government approves contentious proposal for underground gas storage

0 Comments

HALIFAX - An underground natural gas storage facility proposed for central Nova Scotia has been given the green light by the province over the objections of two First Nations bands, who say they haven't been properly consulted on the project.The project by Alton Natural Gas Storage was put on hold in late 2014 after Mi'kmaq protesters complained that the company had failed to consult with the local native community.Some environmentalists and the bands in nearby Millbrook and Indian Brook also [Read more]

TGS Announces Additions to Canada and U.S. Onshore Multi-Client Libraries

ASKER, NORWAY--(Marketwired - Jan 21, 2016) - TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, announces acquisition of the Chickadee 3C-3D multi-client survey covering 190 km2. The survey, located in West Central Alberta represents an expansion of TGS' existing coverage along the Duvernay fairway and is adjacent to the 722 km2 Kaybob-Bigstone 3D survey which was acquired in 2015. The program is designed to assist in the evaluation and development of multiple zones [Read more]

Pengrowth Announces Prudent 2016 Capital Budget, Operational Update and Temporary Suspension of Dividend

CALGARY, ALBERTA--(Marketwired - Jan. 20, 2016) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced its 2016 capital expenditure plans and suspension of its dividend. Pengrowth's Board of Directors has approved a $60 to $70 million capital budget for 2016, which is expected to generate annual average production of between 59,000 and 61,000 barrels of oil equivalent per day (boe/d). The 2016 capital budget will focus on maintenance initiatives and does not contemplate a drilling [Read more]

Minister Jim Carr Completes First Trip to Atlantic Canada as Minister of Natural Resources

DARTMOUTH, NS, Jan. 20, 2016 /CNW/ - The Honourable Jim Carr, Minister of Natural Resources, met with key leaders in the energy, mining and forest sectors, and Indigenous and environmental groups, while in Atlantic Canada. This visit supports the Government of Canada's priority of strengthening relationships to increase opportunities for Canada's natural resource sectors. While in Saint John, Minister Carr met with the Honourable Donald Arsenault, New Brunswick's Minister of Energy [Read more]

Minister Jim Carr Completes First Trip to Atlantic Canada as Minister of Natural Resources

DARTMOUTH, NS, Jan. 20, 2016 /CNW/ - The Honourable Jim Carr, Minister of Natural Resources, met with key leaders in the energy, mining and forest sectors, and Indigenous and environmental groups, while in Atlantic Canada. This visit supports the Government of Canada's priority of strengthening relationships to increase opportunities for Canada's natural resource sectors. While in Saint John, Minister Carr met with the Honourable Donald Arsenault, New Brunswick's Minister of Energy [Read more]

Painted Pony to Present at the 19th Annual CIBC Whistler Institutional Investor Conference

CALGARY, Jan. 20, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce that it will be presenting at the 19th Annual CIBC Whistler Institutional Investor Conference taking place January 21 and 22, 2016 in Whistler, British Columbia. Mr. Ted Hanbury, Senior Vice President, Engineering, will be presenting on Friday, January 22, 2016 at 8:00 am (PST) in the Macdonald F room at the Fairmont Chateau Whistler. Interested parties can access [Read more]

PDC Energy Announces Year-End 2015 Proved Reserves of Approximately 273 MMBoe and Full-Year 2015 Production Increase of 65% to 15.4 MMBoe

DENVER, Jan. 20, 2016 (GLOBE NEWSWIRE) -- PDC Energy, Inc. ("PDC," the "Company," "we" or "us") (NASDAQ:PDCE) today reported year-end 2015 proved reserves and full-year production. Year-End 2015 Highlights Proved reserves of 272.8 million barrels of oil equivalent (“MMBoe”), an approximate 9% increase over year-end 2014 proved reserves with estimated reserve replacement of 247% Increased well-density on proved undeveloped horizontal (“PUD”) Niobrara locations in the Wattenberg Field from [Read more]