BOE Report

PG&E’s Property Tax Payments Increase to $193 Million as it Further Supports Economic Development

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company’s (PG&E) property taxes increased sharply this year as the utility continued to make significant investments in its gas and electric infrastructure to improve safety and reliability for its customers. PG&E recently paid property taxes of nearly $193 million to 50 California counties. These payments cover the period from July 1 to December 31, 2015. Total payments for the tax year of July 1, 2015 to June 30, 2016 will be nearly $385 [Read more]

Tudor, Pickering, Holt & Co. Announces New Managing Directors

HOUSTON--(BUSINESS WIRE)--Tudor, Pickering, Holt & Co. (TPH&Co.), an energy-focused investment and merchant bank headquartered in Houston, announced today that it has elected two individuals to join the firm’s Managing Directors as of January 1, 2016. The following individuals have been promoted to Managing Director: Travis W. Nichols – Houston, Investment Banking Scott L. Simmons – Houston, Investment Banking “We congratulate Travis and Scott on their well-earned promotions to Managing [Read more]

Enduro Royalty Trust Announces Monthly Cash Distribution And 2016 Capital Program

AUSTIN, Texas--(BUSINESS WIRE)--Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced its monthly cash distribution to be paid in January 2016 and its 2016 capital program. Monthly Cash Distribution A cash distribution of $0.029187 per unit will be paid on January 15, 2016 to the Trust’s unitholders of record on December 31, 2015. The distribution primarily represents oil production during the month of September 2015 and natural gas production during August 2015. The following table [Read more]

Kayne Anderson Announces Webcast to Provide Market Update

HOUSTON--(BUSINESS WIRE)--KA Fund Advisors, LLC (“Kayne Anderson”) announced today that it will hold a market update call for investors on December 18, 2015 at 11 a.m. Eastern time. The call will be hosted by Kevin McCarthy, CEO; David LaBonte, Senior Research Analyst, and Ron Logan, Senior Vice President. The live webcast will be online at Kayne Anderson’s website at www.kaynefunds.com/webcasts-and-presentations. Please go to the website at least 10 minutes before the event to register. Those [Read more]

Kayne Anderson Midstream/Energy Fund Announces Distribution of $0.45 per Share for Q4 2015; Announces Investment in Closed-End Funds by Kayne Anderson

HOUSTON--(BUSINESS WIRE)--Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE:KMF) announced today its quarterly distribution of $0.45 per share for the quarter ended November 30, 2015. The distribution will be payable on January 15, 2016 to common stockholders of record on December 30, 2015, with an ex-dividend date of December 28, 2015. “The board has elected to reduce the quarterly distribution from $0.51 per share to $0.45 per share, a reduction of $0.06 per share, in light of [Read more]

Mesa Royalty Trust Announces Trust Income for December 2015

HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (NYSE: MTR) announced the Trust income distribution for the month of December 2015. Unitholders of record on December 31, 2015 will receive distributions amounting to $0.065318788 per unit payable on January 29, 2016. The Trust received $63,626, $0 from the New Mexico, and $15,167 from the Colorado portions of the San Juan Basin Properties. Royalty income from the Hugoton Properties totaled $45,741. This press release contains forward-looking [Read more]

Lake Charles LNG Receives Final Regulatory Approval from US Federal Energy Regulatory Commission

HOUSTON & DALLAS--(BUSINESS WIRE)--BG Group (LSE: BG.L) and Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) (collectively, “Energy Transfer”) today announced that the Lake Charles LNG Project has received approval from the US Federal Energy Regulatory Commission (FERC) to site, construct and operate a natural gas liquefaction and export facility in Lake Charles, Louisiana. FERC approval was a key remaining regulatory consent for the Lake Charles LNG [Read more]

Orion Energy Partners Announces Its Senior Advisory Board

NEW YORK--(BUSINESS WIRE)--Orion Energy Partners, L. P. (“Orion Energy Partners”), a private equity firm providing creative debt and preferred equity solutions to middle market energy infrastructure businesses, today announced the initial members of its newly formed Senior Advisory Board. Orion Energy Partners was formed by Nazar Massouh, Gerrit Nicholas and Rob Rusk and is actively pursuing credit and senior equity investments in the midstream, downstream, power and other energy subsectors. [Read more]

Tallgrass Energy Partners Acquires Redtail Water Business from Whiting and Announces Intent to Increase Its Distribution for the Fourth Quarter of 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) today announced that through its subsidiary BNN Water Solutions it has closed on the $75 million acquisition of Whiting Oil & Gas Corporation’s Redtail Saltwater Disposal and Fresh Water Transportation and Storage System in Weld County, Colo. The acquisition includes a fresh water delivery and storage system and a produced water gathering and disposal system that together comprise 62 miles of pipeline along with associated [Read more]

Breitburn Energy Partners Provides Interim Estimated Proved Reserves Update

LOS ANGELES--(BUSINESS WIRE)--Breitburn Energy Partners LP (NASDAQ:BBEP) today released its interim estimated total proved reserves (Interim Reserves) and present value of estimated future net cash flows relating to such estimated reserves discounted using an annual rate of 10% (PV10), as of November 1, 2015, based on NYMEX future strip prices as of November 2, 2015. The table below summarizes Breitburn’s estimated Interim Reserves and PV10 as of November 1, 2015, based on NYMEX future strip [Read more]