BOE Report

Kiewit Energy Company, Air Products Announce Modularized Offering for Smaller Scale LNG Projects

HOUSTON--(BUSINESS WIRE)--Kiewit Energy Company (Kiewit Energy) and Air Products have agreed to collaborate on small-scale liquefied natural gas (LNG) projects in North America to meet the growing demand for LNG production. The collaboration provides customers with a one-stop-shop and rapid response to the design, construction and commissioning of projects. “Natural gas consumption — particularly in the transportation sector — will have a significant impact on the demand for LNG, and our [Read more]

Devon Energy to Present at Bank of America Merrill Lynch 2015 Global Energy Conference

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that Dave Hager, president and chief executive officer, will present at the Bank of America Merrill Lynch 2015 Global Energy Conference on Tuesday, Nov. 10, 2015, at 3:35 p.m. ET. The event will be available to the public via internet webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking information. About [Read more]

EXCO Resources, Inc. Reports Third Quarter 2015 Results

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO) (“EXCO” or the "Company") today announced operating and financial results for the third quarter 2015. 2015 Third Quarter Highlights Drilled 9 gross (5.2 net) and turned-to-sales 9 gross (4.6 net) operated horizontal wells in the third quarter 2015, consistent with the capital budget. Produced 340 Mmcfe per day, or 31 Bcfe, for the third quarter 2015, at the low-end of guidance. Production decreased 21 Mmcfe per day, or 6%, from the second [Read more]

Matador Resources Company Announces Date of Third Quarter 2015 Earnings Release

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Permian Basin operations in Southeast New Mexico and West Texas and its Eagle Ford operations in South Texas, today announced plans to release third quarter 2015 [Read more]

Cypress Energy Partners Announces Third Quarter Cash Distribution

TULSA, Okla.--(BUSINESS WIRE)--Cypress Energy Partners, L.P. (NYSE: CELP) announced today that the board of directors of its general partner declared a cash distribution for the third quarter of 2015. The cash distribution is $0.406413 per limited partner unit. This amount remains unchanged from the second quarter of 2015 and reflects a 4.88% increase over the target minimum quarterly cash distribution of $0.3875 for the Partnership’s third quarter ending September 30, 2015. The distribution [Read more]

Enable Midstream names Rod Sailor President and CEO effective January 1, 2016

OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) today announced that its Board of Directors appointed company Executive Vice President and Chief Financial Officer Rodney (Rod) J. Sailor as President, Chief Executive Officer and member of the Board of Directors effective Jan. 1, 2016. Sailor will succeed interim CEO Pete Delaney. Delaney was named interim President and Chief Executive Officer effective June 1, 2015, following the departure of former CEO Lynn L. Bourdon. [Read more]

FTTN Eyes Acquisitions in Bakken Shale Arena as One Major Player Exits Stage

LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (OTCBB: FTTN), fresh off signing a letter of intent (LOI) for a West Texas property, has indicated it may be interested in pursuing additional oil and gas leases in North Dakota’s famous Bakken Shale region in the wake of Occidental Petroleum’s fire sale there earlier this month. “Our prediction of liquidations is now coming to pass,” said FTTN CEO Sydney Jim. “Earlier this year, we announced a patient, far-reaching strategy to take advantage of [Read more]

Fred. Olsen Energy ASA: Bollsta Dolphin – Termination of Construction Contract and Drilling Contract

OSLO, Norway--(BUSINESS WIRE)--Regulatory News: Fred. Olsen Energy (OSE:FOE) Bollsta Dolphin Pte. Limited (“Bollsta”), a wholly owned subsidiary of Fred. Olsen Energy ASA (“FOE”), has notified Hyundai Heavy Industries Co., Ltd. Korea (“HHI”) that it has exercised its contractual termination right under a newbuilding contract between HHI and Bollsta for the construction of a semi-submersible drilling rig (the “Rig”) as a result of delay in delivery of the Rig. The rig construction contract [Read more]

Technip Awarded a Substantial Contract to Supply the First Flexible Pipes for the Libra Pre-Salt Field

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a substantial(1) contract from Libra Oil & Gas BV, a consortium led by Petrobras Netherland BV (40%) and partners: Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%). The project includes the supply of flexible pipes for the Libra Extended Well Test field, located in the Santos Basin pre-salt area, Brazil. This is one of the first steps of the Libra giant field development. This contract [Read more]

Pioneer Natural Resources to Present At Two Upcoming Conferences

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Scott Sheffield, Chairman and Chief Executive Officer, will present at Baird’s Industrial Conference on Tuesday, November 10, at 9:30 a.m. Central. Also, Tim Dove, President and Chief Operating Officer, will present at The Bank of America Merrill Lynch Global Energy Conference on Tuesday, November 10, at 2:50 p.m. Eastern. Any interested person may listen to the live presentations and view the presentation [Read more]