BOE Report

EXCO Resources, Inc. Announces Final Results and Expiration of its Tender Offer and Consent Solicitation

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced the final results and expiration of the previously announced cash tender offer (the “Tender Offer”) for EXCO’s outstanding 7.500% Senior Notes due 2018 (the “2018 Notes”) and EXCO’s outstanding 8.500% Senior Notes due 2022 (the “2022 Notes” and together with the 2018 Notes, the “Notes”) and the consent solicitation (the “Consent Solicitation”) to amend certain terms of the [Read more]

Williams Comments on the Corvex Plan to Nominate Directors

Highlights Progress on Strategic Plan TULSA, Okla.--(BUSINESS WIRE)--The Williams Companies, Inc. (NYSE: WMB) (“Williams” or the “Company”), in response to comments from Keith Meister of Corvex Management LP (“Corvex”) that Corvex intends to nominate 10 of its employees to stand for election to the Company’s Board of Directors at the 2016 Annual Meeting of Stockholders, issued the following statement: Given the events of the last year, it is [Read more]

Phillips 66 to Present at Barclays CEO Energy-Power Conference

HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) Chairman and CEO Greg Garland will speak to investors and securities analysts at the 2016 Barclays CEO Energy-Power Conference in New York on Wednesday, Sept. 7, at 9:45 a.m. EDT. Garland will discuss the company’s execution of its value-creating strategy, including an update on growth projects, return enhancement opportunities and commitment to disciplined capital allocation. To view the webcast [Read more]

Energy Transfer, Sunoco Logistics, and Phillips 66 Announce Binding Supplemental Open Season for Bakken Pipeline Transport

DALLAS & HOUSTON--(BUSINESS WIRE)--Dakota Access, LLC (“Dakota Access”) and Energy Transfer Crude Oil Company, LLC (“ETCO”) today announced the launch of a Binding Supplemental Open Season (“Supplemental Open Season”) to solicit shipper commitments for transportation service for Bakken/Three Forks production to reach multiple markets through their respective pipeline systems (collectively, the "Bakken Pipeline"). Dakota Access and ETCO each anticipate [Read more]

Pioneer Natural Resources Announces Third Quarter 2016 Earnings Press Release Date and Conference Call

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2016 earnings press release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, November 1, 2016. A conference call is scheduled for Wednesday, November 2, 2016 at 9:00 a.m. Central Time to discuss the third quarter results. Instructions on how to listen to the call and view the [Read more]

Clayton Williams Energy, Inc. Announces Early Results of Tender Offer for Its 7.75% Senior Notes Due 2019

Amends Tender Offer to Extend Early Tender Time MIDLAND, Texas--(BUSINESS WIRE)--Clayton Williams Energy, Inc. (NYSE:CWEI) (the “Company,” “we” or “us”) announced today that, as of 5:00 p.m., New York City time, on August 10, 2016, it had received tenders of approximately $130.9 million aggregate principal amount of its outstanding 7.75% senior notes due 2019 (CUSIP No. 969490AE1) (the “Notes”), pursuant to the Company’s previously announced cash tender [Read more]

Unit Corporation to Present at EnerCom’s 2016 The Oil & Gas Conference

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (NYSE: UNT) announced today that it will participate at EnerCom’s 2016 The Oil & Gas Conference, which will be held August 14 – 18, 2016 in Denver, Colorado. Unit’s presentation will be broadcast live over the Internet on Wednesday, August 17th at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time). Listeners may access the webcast via the Company’s website at www.unitcorp.com. The presentation will also be [Read more]

EXCO Resources, Inc. Announces Early Tender Offer Results for Its 7.500% Senior Notes Due 2018 and 8.500% Senior Notes Due 2022 and Receipt of Consents to Amend the Indenture Governing Its 8.500% Senior Notes Due 2022

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) for EXCO’s outstanding 7.500% Senior Notes due 2018 (the “2018 Notes”) and EXCO’s outstanding 8.500% Senior Notes due 2022 (the “2022 Notes” and together with the 2018 Notes, the “Notes”) and the consent solicitation (the “Consent Solicitation”) to amend certain terms of the [Read more]

Whiting USA Trust II Announces Trust Quarterly Results

AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink:WHZT) announced today that there will be no distribution made to unitholders in the third quarter of 2016. The net profits interest generated total cash available for the Trust of $1.4 million during the second quarterly payment period of 2016. However, when this total cash available for the Trust is reduced by (i) the repayment to Whiting of $1.2 million in prior period accumulated net [Read more]