HOUSTON--(BUSINESS WIRE)--$HESM--Hess Midstream Partners LP (NYSE: HESM) (“Hess Midstream”) today filed with the Securities and Exchange Commission (“SEC”) its Form 10-Q for the quarter ended March 31, 2017. The 10-Q reflects the results of the predecessor of Hess Midstream Partners LP, (the “Predecessor”), for the first quarter of 2017. Hess Midstream closed its initial public offering of common units on April 10, 2017. The financial statements [Read more]
ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides gas field. The Muruk-1 sidetrack well encountered high-quality sandstone reservoirs southwest of the Muruk-1 natural gas discovery announced in late 2016. The sidetrack well was safely drilled to 13,550 feet (4,130 meters). [Read more]
Tallgrass Energy Partners Prices Offering of $350 Million of Additional Senior Notes Due 2024
LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced a private offering of $350 million aggregate principal amount of its 5.50% Senior Notes due 2024 (the “Additional Notes”). The Additional Notes will be issued at 100% of par, plus accrued interest from March 15, 2017. The offering is expected to close on May 16, 2017, subject to [Read more]
Cypress Energy Partners, L.P. Announces Timing of First Quarter Earnings Release and Conference Call
TULSA, Okla.--(BUSINESS WIRE)--#CELP--Cypress Energy Partners, L.P. (NYSE:CELP) today reported it will host an earnings call on Friday, May 12, 2017, at 11:00 am EDT (10:00 am CDT) to discuss its first quarter 2017 financial results. Analysts, investors, and other interested parties may access the conference call by dialing Toll-Free (US & Canada): (888) 390-3983 or International Dial-In (Toll): (862) 255-5354. An archived audio replay of the call will [Read more]
Kosmos Energy Announces First Quarter 2017 Results
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today financial and operating results for the first quarter of 2017. For the first quarter of 2017, the Company generated a net loss of $28.8 million, or $0.07 per diluted share as compared to net loss of $59.0 million or $0.15 per diluted share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company generated an [Read more]
Samson Oil & Gas Confirms Repayment of Vendor Note and Amended Credit Facility
DENVER & PERTH, Australia--(BUSINESS WIRE)--Samson Oil & Gas Limited (ASX: SSN; NYSE MKT: SSN): Vendor Note Further to the announcement made on May 1st, 2017, Samson confirms that the $4,000,000 promissory note payable to the vendor of its Foreman Butte properties has been paid in full. The source of funds was a new term loan in such amount obtained from Mutual of Omaha Bank which is in addition to the Company’s existing credit [Read more]
ConocoPhillips Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 26.5 cents per share, payable June 1, 2017, to stockholders of record at the close of business on May 15, 2017. --- # # # --- About ConocoPhillips ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in [Read more]
Baker Hughes Announces April 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017, and up 10 from the 946 counted in April 2016. The international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016. The average U.S. rig count for April 2017 was 853, up 64 from the 789 counted in March 2017, and up 416 from the 437 [Read more]
American Midstream Announces First Quarter 2017 Earnings Call
HOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) today announced that its first quarter 2017 results will be released prior to market open on Wednesday, May 10, 2017. The Partnership will host a conference call at 10:00 AM ET / 9:00 AM CT on Wednesday, May 10, 2017 to discuss results. The call will be webcast on the Partnership’s website. First Quarter 2017 Earnings Call Information [Read more]
ANADARKO PETROLEUM ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 in Anadarko Petroleum Corporation to Contact the Firm
NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Anadarko Petroleum Corporation (“Anadarko Petroleum” or the “Company”) (NYSE:APC) of the July 3, 2017 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Anadarko Petroleum stock or options between February 17, 2016 and May 2, 2017 and would like to [Read more]
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