BOE Report

EXCO Announces Mailing of Definitive Proxy Materials for November 16, 2015 Special Meeting

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has commenced mailing definitive proxy materials in connection with its upcoming special meeting of shareholders, which will take place on Monday, November 16, 2015 at 2:00 p.m., central time, at EXCO’s corporate office located at 12377 Merit Drive, First Floor Conference Center, Dallas, Texas. Shareholders of record as of September 30, 2015 are entitled to vote their common shares at the special meeting [Read more]

Eyeing New Markets, FTTN Seeks Partners for Upcoming Mexican Oil Auctions

LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (OTCBB:FTTN) believes the time is right for it to enter the growing rush for Mexican oil leases now that the Latin American country has successfully concluded its second international auction. The company is looking for potential partners to join it in a consortium to bid in future sales, noting the Mexican energy market has vast untapped revenue potential once off limits to American oil companies. The Mexican government awarded three of five [Read more]

Tennessee Gas Pipeline Statement Regarding MA DPU Order on EDCs

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) subsidiary Tennessee Gas Pipeline Company (TGP) today issued the following statement: The Massachusetts Department of Public Utilities order finding that it has the authority to approve contracts entered into by electric distribution companies (EDCs) to secure dedicated natural gas pipeline transportation capacity is an important step in ensuring that electric generators have reliable access to the fuel needed to generate electricity [Read more]

WPX Energy Declares Dividend on Preferred Stock

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy’s (NYSE: WPX) board of directors has approved a quarterly dividend of $0.85938 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. The dividend is payable on Nov. 2, 2015, to holders of record of the company’s preferred stock at the close of business on Oct. 15, 2015. WPX issued the preferred stock in July to support its acquisition of privately held RKI Exploration & Production, LLC. In the merger, WPX [Read more]

California Resources Corporation Announces Its Third Quarter 2015 Earnings Release and Conference Call and Analyst Day Webcast

[unable to retrieve full-text content]LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its third quarter financial results conference call on Thursday, November 5th, at 5:00 pm Eastern Standard Time. The Company’s earnings will be released following the market close on the same date. To participate in CRC’s conference call, either dial (877) 328-5505 (International calls please dial +1 (412) 317-5421) or access via webcast at www.crc.com, fifteen minutes prior [Read more]

Forestar Announces CFO Transition

AUSTIN, Texas--(BUSINESS WIRE)--Forestar Group Inc. (NYSE: FOR) today announced that Christopher L. Nines, Chief Financial Officer, stepped down September 30, 2015. The Board of Directors has named Charles D. Jehl, Executive Vice President – Oil & Gas, as Chief Financial Officer. Mr. Jehl served as Forestar’s Chief Accounting Officer from 2006 to 2013, and prior to joining Forestar was Chief Operations Officer and Chief Financial Officer of Guaranty Insurance Services, Inc. “I would like to [Read more]

Technip awarded additional subsea contract for the Stones project development in the Gulf of Mexico

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Shell Offshore Inc. (“Shell”) a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the Floating Production, Storage and Offloading (FPSO) vessel. The Stones field is located in the Walker Ridge area in the US Gulf of Mexico, at a water depth of 2,930 meters along the pipelay route. The contract [Read more]

Technip remporte un nouveau contrat subsea pour le projet Stones dans le golfe du Mexique

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) a remporté auprès de Shell Offshore Inc. (« Shell ») un contrat portant sur le développement d’infrastructures sous-marines destinées au projet Stones. Cela comprend deux raccordements sous-marins de production à l’unité flottante de production, stockage et déchargement (FPSO). Le champ Stones est situé dans la zone de Walker Ridge, dans la partie américaine du golfe du Mexique, à une profondeur d’eau de [Read more]

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Sept. 30, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today announced that as of Sept. 30, 2015, the company’s unaudited total assets were approximately $203.4 million and its unaudited net asset value was $152.0 million, or $21.87 per share. As of Sept. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company’s asset coverage ratio under the 1940 Act with respect to [Read more]

Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Sept. 30, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of Sept. 30, 2015, the company’s unaudited total assets were approximately $2.8 billion and its unaudited net asset value was $1.4 billion, or $28.92 per share. As of Sept. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with [Read more]