DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it will hold a special meeting of shareholders 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. At the special meeting, EXCO will seek shareholder approval of two amendments to EXCO’s Amended and Restated Certificate of Formation: (1) an amendment to effect, at the discretion of EXCO’s Board of [Read more]
Questar Subsidiary Wexpro Announces Drilling Joint Venture to Develop Natural Gas-Producing Properties
SALT LAKE CITY--(BUSINESS WIRE)--Questar Corporation (NYSE: STR) today announced that its subsidiary, Wexpro Company, has entered into a joint venture to develop natural gas-producing properties in western Colorado’s Piceance Basin. Wexpro will partner with Piceance Energy, LLC, a subsidiary of Laramie Energy II, LLC, and a leader in developing low-cost drilling and completion strategies in the basin. Wexpro expects to spend $60 million to $70 million on an 80-well drilling program targeting [Read more]
AdaptiveWell Technologies Named Most Promising Energy & Clean Technology Company at Rice Alliance Energy & Clean Technology Venture Forum
SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)--The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) announced the 10 Most Promising Energy & Clean Technology Venture Companies at the 13th Annual Energy & Clean Technology Venture Forum in Houston last week. Energy & Clean Technology companies showcased their new offerings at the largest venture capital conference in the Southwest with 500 attendees, including investors, venture capitalists, industry representatives, business [Read more]
NextDecade Grows Executive Team, Hires General Counsel and Chief Commercial Officer
THE WOODLANDS, Texas--(BUSINESS WIRE)--NextDecade, LLC (NextDecade), a development and management company of liquefied natural gas (LNG) projects, announced it has hired Krysta De Lima as General Counsel (GC) and Alfonso Puga as Chief Commercial Officer (CCO). As General Counsel, De Lima will be responsible for all of NextDecade’s legal affairs, including negotiating and drafting agreements for major business transactions, developing legal strategies and providing legal advice to company [Read more]
KKR Backs Highly Experienced E&P Team to Launch Trans European Oil & Gas
LONDON--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that it will back Roland Wessel, Colin Judd and Melvyn Horgan, founders and former management team of Star Energy, to launch Trans European Oil & Gas Limited (“Trans European Oil & Gas”). Trans European Oil & Gas intends to build a portfolio of conventional onshore oil and gas properties in proven hydrocarbon plays in Europe, and apply its extensive experience in enhanced oil recovery (“EOR”) techniques to [Read more]
Woodside Teams with Accenture to Implement Predictive Analytics for LNG Operations
PERTH, Australia--(BUSINESS WIRE)--Woodside (ASX:WPL) has extended its relationship with Accenture (NYSE:ACN) to implement predictive analytics for maintenance and process-control in production operations across its liquefied natural gas (LNG) assets. Under the terms of the agreement, Woodside is using Accenture to deliver an end-to-end analytics solution for real-time actionable insights on its LNG facilities, including the Pluto LNG Plant. Accenture’s data scientists and technologists are [Read more]
Pioneer Natural Resources To Present At The Johnson Rice Energy Conference
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer, will present at The Johnson Rice Energy Conference on Tuesday, September 29, 2015 at 10:00 a.m. Central Time. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s website at www.pxd.com, selecting ‘Investors,’ and then selecting [Read more]
Diverse Views on Climate Policy Converge At Dallas Event
DALLAS--(BUSINESS WIRE)--As 11 Republicans in Congress break from party line by calling for action against climate change, and Pope Francis is expected in his first address before Congress to appeal for policies combating global warming, the Institute for Policy Innovation (IPI) presents three diverse policy perspectives at an exclusive event in Dallas Friday on what the U.S. can do, if anything. “Climate change is a polarizing subject, no pun intended,” said IPI president Tom Giovanetti. [Read more]
Aker Philadelphia Shipyard Holds Ceremonial Keel Laying for Fourth Next Generation Product Tanker
PHILADELPHIA--(BUSINESS WIRE)--Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial Keel Laying for the fourth of four product tankers that it is building with Crowley Maritime Corporation (Crowley). Keeping with long held shipbuilding tradition, coins were placed on one of the keel blocks before the unit was lowered into place in the dry dock. Representatives from APSI and Crowley were in attendance to place [Read more]
LRR Energy, L.P. Announces Prorated Quarterly Cash Distribution
HOUSTON--(BUSINESS WIRE)--LRR Energy, L.P. (NYSE: LRE) (“LRR Energy”) announced today that the Board of Directors of its general partner declared a prorated third quarter 2015 cash distribution for the months of July and August of $0.1250 per outstanding unit, or $0.75 on an annualized basis. The distribution will be paid on October 15, 2015 to all unitholders of record as of the close of business on October 1, 2015. As previously announced, LRR Energy expects the merger with Vanguard Natural [Read more]
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