BOE Report

Erin Energy Announces Approval of Farm-Out Deal with FAR in The Gambia

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) announced today that the Government of the Republic of The Gambia has approved the farm-out agreement with FAR Ltd. (FAR), an Australian Securities Exchange listed oil and gas company, whereby FAR will acquire an 80% interest and operatorship of Erin Energy’s offshore A2 and A5 blocks in The Gambia. Highlights: Erin [Read more]

Tallgrass Energy Increases Quarterly Distributions and Announces Date for Second Quarter 2017 Financial Results

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) (“Tallgrass”) today announced their quarterly distributions for the second quarter of 2017. The distributions will be paid on Monday, August 14, 2017, to unitholders and shareholders of record as of the close of business on Friday, July 28, 2017. TEP The board of directors of TEP’s general partner declared a quarterly [Read more]

GE Announces Completion of GE Oil & Gas and Baker Hughes Merger

BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) announced today the completion of the previously announced combination of GE’s oil and gas business with Baker Hughes. Baker Hughes, a GE company (NYSE:BHGE) is the first and only company to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development. BHGE provides differentiated services for customers by combining digital solutions and [Read more]

Devon Energy to Report Second-Quarter 2017 Results Aug. 1; Conference Call Scheduled for Aug. 2

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced plans to issue its second-quarter 2017 earnings news release on Tuesday, Aug. 1, after the close of U.S. financial markets. Please note as soon as practicable after the news release is issued, Devon will post an operations report to its website at www.devonenergy.com. On Wednesday, Aug. 2, the company will hold a conference call at 10 a.m. Central Time (11 a.m. [Read more]

Occidental Petroleum to Announce Second Quarter Results Wednesday, August 2, 2017; Hold Conference Call on Thursday, August 3, 2017

HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) will announce its second quarter 2017 financial results after close of market on Wednesday, August 2, 2017, and will hold a conference call to discuss results on Thursday, August 3, 2017, at 11 a.m. Eastern / 10 a.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at www.oxy.com/investors. [Read more]

EQT Corporation to Acquire Rice Energy for $6.7 Billion

PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE:EQT) and Rice Energy Inc. (NYSE:RICE) announce that they have entered into a definitive merger agreement under which EQT will acquire all of the outstanding shares of Rice common stock for total consideration of approximately $6.7 billion – consisting of 0.37 shares of EQT common stock and $5.30 in cash per share of Rice common stock. EQT will also assume or refinance approximately $1.5 billion of net debt and preferred equity. The transaction [Read more]

Devon Energy to Present at JPMorgan Energy Equity Conference

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that Chief Operating Officer Tony Vaughn will present at the JPMorgan Energy Equity Conference in New York on Monday, June 26, 2017 at 3 p.m. ET. The event will be available to the public via webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking [Read more]

Williams Appoints Chad Zamarin as Senior Vice President of Corporate Strategic Development

TULSA, Okla.--(BUSINESS WIRE)--The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced that Chad Zamarin has been appointed senior vice president of Corporate Strategic Development (CSD), effective June 26. He succeeds Frank Billings, who previously announced his retirement. In this role, Mr. Zamarin will be responsible for enterprise-level strategy, business development, customer-relationship management, and have additional responsibility [Read more]

ExxonMobil Announces Successful Muruk Sidetrack Production Test

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced positive production well test results from the Muruk 1 sidetrack 3 well in the Papua New Guinea North Highlands located about 13 miles (21 kilometers) northwest of the Hides gas field. The well successfully flowed gas at a rate of 16 million standard cubic feet per day. The well rate was constrained by test facilities which limited tests to short flow and [Read more]

Keyera Partnership Signs Sour Gas Processing Plant Agreement with Jacobs

Agreement boosts Jacobs’ presence in Canada’s midstream industry DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) has signed an engineering services agreement with Keyera Partnership (TSX:KEY), which operates one of the largest independent midstream energy companies in Canada. The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, condensate and iso-octane [Read more]