BOE Report

Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2015 and Provides Update

METAIRIE, La.--(BUSINESS WIRE)--Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2015 and first nine months of 2015 and provides update. The Company’s revenue for the three months ending September 30, 2015 from oil and gas production for its fee lands was $46,394 compared to revenue of $128,999 for the third quarter of 2014. For the first nine months of 2015, revenue generated from the Company’s fee lands decreased to $188,193 from [Read more]

Fluor Completes Shell’s Quest Carbon Capture Project in Alberta, Canada

IRVING, Texas & CALGARY, Alberta--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) has completed the construction of Shell’s Quest carbon capture and storage (CCS) project near Fort Saskatchewan, Alberta, Canada. The completion was recognized at the Shell Quest carbon capture and storage start-up celebration today at the site. Using its proprietary 3rd Gen Modular ExecutionSM approach, Fluor designed and built the facility using 69 separate interlocking modules that were assembled at the [Read more]

CEA Statement on Obama’s Keystone XL Pipeline Rejection

HOUSTON--(BUSINESS WIRE)--In response to today’s announcement by President Obama rejecting the Keystone XL pipeline, Consumer Energy Alliance (CEA) Executive Vice President Michael Whatley issued the following statement: “Consumer Energy Alliance joins American energy consumers across the nation in expressing their deep disappointment in President Obama’s decision to reject the Keystone XL pipeline. In doing so, he has thumbed his nose at more than two thirds of Americans who support reducing [Read more]

Southcross Energy Partners, L.P. Reports Adjusted EBITDA of $23.6 million and Common Unit Distribution Coverage of Approximately 1.1 times in Third Quarter 2015

DALLAS--(BUSINESS WIRE)--Southcross Energy Partners, L.P. (NYSE:SXE) (“Southcross” or the “Partnership”) today announced third quarter 2015 financial and operating results. Highlights Reported Adjusted EBITDA of $23.6 million, an increase of 26 percent over last quarter Increased distributable cash flow to $12.7 million, up from $8.6 million in the second quarter of 2015 Achieved cash distribution coverage of approximately 1.1 times on common units Increased average processed gas volumes [Read more]

ExxonMobil to Hold Media Call on New York Attorney General Subpoena

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil will host a call for media at 5:45 p.m. EST / 4:45 p.m. CST today, Thursday, Nov. 5, 2015 regarding a subpoena for production of documents relating to climate change received from the attorney general of New York. To join the call, dial 888-264-8893 (United States) or 913-312-1500 (International) and enter participant code 5346836. ExxonMobil has included information about the business risk of climate change for many years in our 10-K, Corporate [Read more]

National Fuel Reports 2015 Earnings

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) today announced consolidated results for the fourth quarter and fiscal year ended September 30, 2015. National Fuel had a consolidated loss for the quarter ended September 30, 2015, of $187.7 million, or $2.22 per share, compared to the prior year’s fourth quarter earnings of $57.4 million, or $0.68 per share, a decrease of $245.1 million, or $2.90 per share. The decrease is largely [Read more]

National Fuel Announces Management Change

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Today, National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) announced that Anna Marie Cellino, President of National Fuel Gas Distribution Corporation, the Utility segment of National Fuel Gas Company, has indicated her intention to retire, effective Feb. 1, 2016, after more than 34 years of service. “I congratulate Anna Marie for an outstanding career that included numerous accomplishments over her many years of dedicated service to [Read more]

Cypress Energy Partners, L.P. Announces Timing of Third Quarter Earnings Release and Conference Call

TULSA, Okla.--(BUSINESS WIRE)--Cypress Energy Partners, L.P. (NYSE: CELP) will host an earnings call on Friday, November 13, 2015, at 10:00am EST (9:00am CST) to discuss its third quarter 2015 financial results. Analysts, investors, and other interested parties may access the conference call by dialing Toll-Free (US & Canada): (888) 428-7458 or International Dial-In (Toll): (862) 255-5400. An archived audio replay of the call will be available on the investor section of our website at [Read more]

Energen’s First Middle Spraberry Wells Generate Solid Early Rates

BIRMINGHAM, Ala.--(BUSINESS WIRE)--For the 3 months ended September 30, 2015, Energen Corporation (NYSE: EGN) reported a GAAP net loss from all operations of $227.9 million, or $(2.89) per diluted share. Excluding mark-to-market derivatives losses, commodity price-related impairments primarily of proved properties in the Central Basin Platform, and other items, Energen’s adjusted income in the 3rd quarter of 2015 totaled $28.6 million, or $0.36 per diluted share. This compares with adjusted [Read more]

Whiting USA Trust II Announces Trust Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (NYSE:WHZ) announced the fourth Trust distribution in 2015, which relates to net profits generated during the third quarterly payment period of 2015. Unitholders of record on November 19, 2015 will receive a distribution of $0.010003 per unit, which is payable on or before November 30, 2015. As of the date of this press release, 99.9% of the Trust’s total 18,400,000 units outstanding were held by Cede & Co. (The Depository Trust Corporation’s [Read more]