BIRMINGHAM, Ala.--(BUSINESS WIRE)--Energen Corporation (NYSE: EGN) senior managers will meet with members of the investment community at The Oil & Gas Conference® 20 in Denver, sponsored by EnerCom Inc., on August 17-18, 2015. The Company will broadcast its formal presentation live over the Internet on Tuesday, August 18, at 5:35 p.m. ET (3:35 p.m. MT). The live Webcast of the presentation may be accessed via Energen’s home page, http://www.energen.com or on [Read more]
Fitch: US NGL Prices Range-Bound Despite New Demand Sources
NEW YORK--(BUSINESS WIRE)--Pricing for US natural gas liquids (NGLs) will likely continue to be weak and range-bound through 2015 and for the medium term despite several new sources of incremental demand, according to Fitch Ratings. NGLs, which are comprised of ethane, propane, butanes and natural gasoline, remain oversupplied in the US due to the fast ramp-up in liquids production from the shale revolution. As of early August, propane, butane, and natural gasoline prices were down approximately [Read more]
STW Resources Initiates Growth Plan in STW Pipeline in Q3 and Provides Update
MIDLAND, Texas--(BUSINESS WIRE)--STW Resources Holding Corp, (OTCQB: STWS), an integrated provider of water management, including water reclamation and remediation, and oilfield pipeline maintenance and new construction services, announced today that its wholly-owned subsidiary, STW Pipeline, has expanded its business in the Permian Basin. The company’s objective in the first half of 2015 was to achieve net cash flow and increase their customer base. In March of this year the Pipeline Company [Read more]
Unit Corporation to Present at EnerCom’s 2015 The Oil & Gas Conference
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (NYSE: UNT) announced today that it will participate at EnerCom’s 2015 The Oil & Gas Conference, which will be held August 16 – 20, 2015 in Denver, Colorado. Unit’s presentation will be broadcast live over the Internet on Wednesday, August 19th at 9:15 a.m. Mountain Time (11:15 a.m. Eastern Time). Listeners may access the webcast via the Company’s website at www.unitcorp.com. The presentation will also be broadcast live on The Oil & Gas Conference [Read more]
Long-term Turmoil in Crude Oil Market Could Mean “Back to the Future” Experience for Some in Petrochemical Industry, IHS Says
LONDON--(BUSINESS WIRE)--An extended recovery period for crude oil prices, exceeding five years, would have dramatic implications for the global petrochemical industry and could mean a “Back to the Future” experience for some companies and regions -- creating a more competitive environment for naphtha producers, according to a new IHS (NYSE: IHS) report. The IHS Chemical Crude Oil Turmoil and the Global Impact on Petrochemicals Special Report assesses the potential market and economic [Read more]
KNOT Offshore Partners LP Earnings Release – Interim Results for the Quarter Ended June 30, 2015
ABERDEEN, Scotland--(BUSINESS WIRE)--Highlights For the three months ended June 30, 2015, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): • Generated revenues of $37.0 million, operating income of $11.1 million and net income of $6.9 million • Generated Adjusted EBITDA of $28.8 million (1) • Generated distributable cash flow of $16.2 million (1) • Achieved strong operational performance with 100% utilization of the fleet In addition, the [Read more]
Approach Resources to Participate in Upcoming Conference
FORT WORTH, Texas--(BUSINESS WIRE)--Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in EnerCom’s The Oil & Gas Conference® 20. The Company is scheduled to present on Monday, August 17 at 1:55 p.m. MT. The live presentation will be webcast and will be accessible through the Investor Relations section of the Company’s website at www.approachresources.com. The slide presentation for this event will also be available through the website. About Approach [Read more]
2015 Summer NAPE Registrations, Exhibitors On Pace With Prior Years Despite Industry Downturn
FORT WORTH, Texas--(BUSINESS WIRE)--The downturn in America’s oil and gas industry has not affected Summer NAPE 2015, the nation’s largest oil and gas prospect expo. Today, NAPE organizers announced that attendee and exhibitor registrations for Summer NAPE 2015 are on pace with those from Summer NAPE 2014. Summer NAPE 2015 will take place Aug. 19-20, 2015 at the George R. Brown Convention Center in Houston. “NAPE is beneficial in up as well as down markets because it builds attendees’ [Read more]
Howard Energy Partners Announces Successful Open Season on Nueva Era Pipeline
SAN ANTONIO--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (HEP) today announced that due to a successful open season, construction will move forward on the Nueva Era Pipeline, a 50-50 joint venture between HEP and Mexico-based energy and services firm Grupo Clisa, connecting HEP’s existing Webb County Hub in South Texas directly to Escobedo, Nuevo León, Mexico, and to the Mexican National Pipeline System (Sistema de Transporte Nacional Integrado) in Monterrey, Mexico. Mexico’s Comisión [Read more]
EXCO Resources, Inc. Announces Preliminary Voting Results Received Through August 11, 2015 and Recesses Annual Meeting
DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that the six proposals presented by EXCO in the proxy statement (the “Proxy Statement”) have, through August 11, 2015, received the affirmative vote of more than a majority of EXCO’s shares of common stock outstanding, and that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has been recessed indefinitely. Set forth below are the preliminary voting results on each of the proposals: [Read more]
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