BOE Report

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]

Exxon Mobil Corporation Makes Application to Cease to be a Reporting Issuer in Canada

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil") announced today that it has applied to the Alberta Securities Commission ("ASC"), as principal regulator, and the Ontario Securities Commission for an order (the "Order Sought") to cease to be a reporting issuer in Alberta, Ontario and British Columbia. ExxonMobil is not a reporting issuer in any other Canadian jurisdiction. If the Order Sought is granted by the ASC, ExxonMobil will cease to be a reporting [Read more]

Murphy Oil Corporation Announces Preliminary First Quarter 2017 Financial and Operating Results

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the first quarter ended March 31, 2017, including net income of $58 million, or $0.34 per diluted share. Operating and financial highlights for the first quarter 2017 include: Produced volumes of 169 Mboepd, on track to achieve full year production guidance Spent $215 million on capital expenditures, in line with planned annual capital budget of [Read more]

Energy Transfer Announces That the Trans-Pecos Pipeline, Comanche Trail Pipeline, and the WAHA Header Are in Service

Both Pipelines Deliver Natural Gas to the Texas-Mexico Border as Part of Long-Term Agreements with Mexico’s Federal Electricity Commission DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) announced today that two natural gas pipelines in West Texas, the Trans-Pecos Pipeline and the Comanche Trail Pipeline, and the Trans-Pecos Pipeline WAHA Header (WAHA Header) are in service. Both pipelines and the WAHA Header are owned by affiliates [Read more]

Energy Transfer Equity Reports First Quarter Results

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended March 31, 2017. ETE’s net income attributable to partners was $239 million for the three months ended March 31, 2017 compared to $312 million for the three months ended March 31, 2016. Distributable Cash Flow, as adjusted, for the three months ended March 31, 2017 was $215 million compared to $349 [Read more]