BOE Report

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Third-Quarter 2015 Earnings Release

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release third-quarter earnings after market close on Tuesday, November 3, 2015 and will hold the following joint webcast and conference call: What: Third-quarter 2015 earnings webcast and conference call When: Wednesday, November 4, 2015 11:00 a.m. ET; 10:00 a.m. CT Where: www.plainsallamerican.com or https://event.webcasts.com/starthere.jsp?ei=1072181 How: Live over [Read more]

Breitburn Energy Partners Announces Monthly Cash Distributions for Common and Preferred Units

LOS ANGELES--(BUSINESS WIRE)--Breitburn Energy Partners LP (NASDAQ:BBEP) announced today a cash distribution of $0.04166 per common unit for the first month attributable to the third quarter of 2015, payable on October 16, 2015, to record holders of its common units at the close of business on October 12, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis. Breitburn also announced today distributions for its 8.25% Series A Cumulative [Read more]

Preferred Sands Introduces 22K Proppant “Heat” as the Newest High-Performance Product in Its Polymeric Proppant Line

RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands, one of North America’s leading proppant technology companies, today introduced “Heat” as the latest product in its innovative line of polymeric proppant technologies. 30/50 Heat, which scored 22K psi in standard ISO crush resistance testing, replaces the need for costly ceramics by providing a superior combination of strength and embedment resistance specifically in wells above 7K psi closure stress. Utilizing Preferred’s flexible Polymeric Proppant [Read more]

Mountain Valley Pipeline to Provide Natural Gas Service to Virginia Communities through Partnership with Roanoke Gas

PITTSBURGH & ROANOKE, Va.--(BUSINESS WIRE)--Mountain Valley Pipeline, LLC and RGC Midstream, LLC today announced their intent to deliver natural gas to several Virginia communities along the proposed Mountain Valley Pipeline (MVP) route. As part of the agreement, RGC Midstream, LLC, a subsidiary of RGC Resources, Inc. (NASDAQ: RGCO), will acquire a 1% ownership interest in Mountain Valley Pipeline, LLC, which is a joint venture between EQT Midstream Partners, LP (NYSE: EQM), majority owner and [Read more]

Kosmos Energy Provides Financial and Operational Update

DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today two developments that together strengthen the company’s liquidity and better position Kosmos for continued success in a lower commodity price environment. In addition, the company provided an update on its exploration drilling program. Financial Update Kosmos announced today that the borrowing base under its reserves-based lending facility remains unchanged at $1.5 billion following its lenders’ semi-annual [Read more]

FTTN: Oil Field Service Bargains Offer Potential New Revenue Stream in Market Rebound

LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (OTCBB: FTTN) believes it has found a lucrative new source of future revenues and is pursuing opportunities in a market some are abandoning: oil field services. Oversupply and falling demand have the oil and gas industry mired in a slump. Oil field service firms have been caught in a vise of too much debt and not enough projects to go around as exploration and production companies cut budgets. This has resulted in industry-wide asset auctions [Read more]

Seacrest meldet Investition in OKEA AS, ein neues Erschließungs- und Förderunternehmen mit Fokus auf Norwegen

HAMILTON, Bermuda--(BUSINESS WIRE)--Die weltweit tätige Investmentfirma Seacrest Capital Group („Seacrest“) meldete heute die Vereinbarung einer Partnerschaft mit OKEA AS, einem neuen Unternehmen zur Erschließung und Förderung von Erdöl und Erdgas mit Hauptsitz in Trondheim (Norwegen). OKEA will sich insbesondere auf die Erschließung bereits entdeckter Erdöl- und Erdgasfelder auf dem norwegischen Festlandsockel konzentrieren, um ein bedeutendes Unternehmen mit Fokus auf Erschließung und [Read more]

Concho Resources Inc. Announces Upsizing and Pricing of Common Stock Offering

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that it has priced an upsized public offering of 7,700,000 shares of its common stock for total gross proceeds (before underwriters’ fees and estimated expenses) of approximately $712 million. The underwriters have an option for 30 days to purchase up to an additional 1,155,000 shares of common stock from the Company. Proceeds from the offering are expected to be used to repay all outstanding [Read more]

SM Energy Declares Semi-Annual Cash Dividend

DENVER--(BUSINESS WIRE)--SM Energy Company (NYSE: SM) today announces that its Board of Directors has approved a semi-annual cash dividend of $0.05 per share of common stock outstanding. The dividend will be paid on November 4, 2015, to stockholders of record as of the close of business on October 23, 2015. The Company currently has approximately 68 million shares of common stock outstanding. The Company has paid cash dividends to its stockholders every year since 1940. The Board of Directors [Read more]

TEL Offshore Trust Announces There Will Be No Third Quarter 2015 Distribution

AUSTIN, Texas--(BUSINESS WIRE)--TEL OFFSHORE TRUST (the “Trust”) announced that there will be no trust distribution for the third quarter of 2015 for unitholders of record on September 30, 2015. The Trust has not been able to make a distribution to unitholders for twenty-seven consecutive quarters, or since January 9, 2009. The financial and operating information included herein for the Trust’s third quarter of 2015 reflects financial and operating information with respect to the royalty [Read more]