BOE Report

Devon Energy Announces Fourth-Quarter Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2015. The dividend is payable on Dec. 31, 2015, at a rate of $0.24 per share based on a record date of Dec. 15, 2015. Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of [Read more]

Intertek Expands Shale Testing Capacity with Opening of New Laboratory in the Permian Basin

MIDLAND, Texas--(BUSINESS WIRE)--Intertek, a leading quality solutions provider to industries worldwide, today announced the opening of a new laboratory in Midland, Texas to support the shale industry’s rapid growth in the Permian Basin. In this facility, Intertek will provide critical industry support on a wide range of exploration, production and logistics requirements. “As a global leader in the oil and gas testing industry, Intertek’s expansion into one of the largest shale plays in the [Read more]

ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule and Well Under Budget

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria. The Erha North Phase 2 project is a deepwater subsea development located 60 miles offshore Nigeria in 3,300 feet of water and four miles north of the Erha field, which has been producing since 2006. The Erha North Phase 2 project includes seven [Read more]

EnLink Midstream Signs Definitive Agreement to Acquire Delaware Basin Assets

DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together with its subsidiaries “EnLink”), today announced that a subsidiary of the Partnership signed a definitive agreement to acquire gathering and processing assets in the Delaware Basin (the “Delaware Basin System”) from a subsidiary of Matador Resources Company (NYSE:MTDR) (“Matador”) for approximately $143 million, [Read more]

David Beathard Joins Tudor, Pickering, Holt & Co. as Director in Upstream Investment Banking

HOUSTON--(BUSINESS WIRE)--Tudor, Pickering, Holt & Co. (TPH & Co.) announced today that David Beathard, former VP of Business Development, Strategy and Planning for Linn Energy, has been named a Director in the firm's Upstream Advisory business. Beathard, 56, will be based in Houston and joins a team of roughly 30 professionals at TPH & Co. focused on upstream transactions. “Getting Dave is awesome,” said Maynard Holt, TPH & Co.’s Co-President. “He's a good person, a good friend, a straight [Read more]

Former Chevron Executive Peter Breunig Joins Maana Advisory Board

PALO ALTO, Calif.--(BUSINESS WIRE)--Maana, a pioneer in search engine technology for big-data-fueled solutions, today announced the expansion of its team serving the oil and gas industry. Oil and gas companies utilize big-data analytics as a means to improve operational efficiencies. Maana’s search and discovery platform makes it easier for companies to search, correlate and analyze the massive amounts of data generated by multiple disparate systems across upstream operations. Some of the [Read more]

Pioneer Natural Resources to Present At Imperial Capital’s Global Opportunities Conference

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Frank Hopkins, Senior Vice President of Investor Relations, will present at Imperial Capital’s Global Opportunities Conference on Thursday, September 17, 2015 at 11:30 a.m. E.T. 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 [Read more]

Clayton Williams Energy to Present at the Johnson Rice & Company 2015 Energy Conference

MIDLAND, Texas--(BUSINESS WIRE)--Clayton Williams Energy, Inc. (NYSE:CWEI) today announced that it will present at the Johnson Rice & Company 2015 Energy Conference. The presentation is scheduled for Monday, September 28, 2015 at 3:35 pm CT at the Hotel Monteleone, 214 Royal St., New Orleans, Louisiana. The related presentation will be available on the Company’s website at www.claytonwilliams.com. Clayton Williams Energy, Inc. is an independent energy company located in Midland, Texas. This [Read more]

Erin Energy Completes 3D Seismic Acquisition Offshore The Gambia

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) announced today it has successfully completed acquisition of a new 3D seismic survey off the coast of The Gambia. Polarcus Ltd. was contracted by the Company to carry out the survey using the Polarcus Alima, an ultra-modern 12 streamer 3D/4D seismic vessel. The survey covered approximately 1,613 square kilometres on Erin Energy’s A2 and A5 blocks. The Company will now commence processing and [Read more]

AES Awarded Panama’s First Natural Gas-Fired Generation Plant

ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE:AES) announced today that, its subsidiary, Gas Natural Atlantico S. de R.L., has won a competitive bid process conducted by the Electric Transmission Company, SA (ETESA), the state’s electric transmission company, to supply 350 MW of new capacity. The project will include the construction of a 350 MW combined cycle natural gas-fired plant with a 10-year Power Purchase Agreement (PPA), and a 170,000 m3 LNG storage tank and regasification [Read more]