AUSTIN, Texas--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (NYSE:ROYT) (the “Trust”) a perpetual royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today a cash distribution to the holders of its units of beneficial interest of $0.02281 per unit, payable on September 15, 2015, to unitholders of record on September 4, 2015. The Trust’s distribution relates to net profits and overriding royalties generated during July 2015 as provided in the conveyance of net profits and [Read more]

HOUSTON--(BUSINESS WIRE)--The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola – Empresa Pública (“Sonangol”) and Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today announced the signing of a Sale and Purchase Agreement for Sonangol to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola (the “Blocks”) for $1.75 billion with an effective date of January 1, 2015. This transaction is subject to customary Angolan [Read more]

LAS VEGAS--(BUSINESS WIRE)--Falling oil prices may mean temporarily lower fossil fuel costs, but First Titan Corp. (OTCBB: FTTN) continues to eye opportunities in renewable energy and the energy storage industries, particularly after some major players indicated they would invest big money in the segments. General Electric Co. recently said it expects the energy storage market to quadruple in size to $6 billion by 2020 and that it is revamping its battery storage systems accordingly. [Read more]

AUSTIN, Texas--(BUSINESS WIRE)--Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.072243 per unit, payable on September 15, 2015 to unitholders of record on August 31, 2015. The distribution primarily represents oil production during the month of May 2015 and natural gas production during April 2015. The following table displays underlying oil and natural gas sales volumes and average received wellhead [Read more]

AUSTIN, Texas--(BUSINESS WIRE)--Mesa Royalty Trust (NYSE:MTR) announced the Trust income distribution for the month of August 2015. Unitholders of record on August 31, 2015 will receive distributions amounting to $0.057191001 per unit payable on October 30, 2015. The Trust received $86,733 and $0 from the New Mexico and Colorado portions of the San Juan Basin Properties. Royalty income from the Hugoton Properties totaled $47,584. This press release contains forward-looking statements. Although [Read more]

RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands, one of North America’s leading proppant technology companies, today announced the launch of its “Build a Better Well” Campaign, a pioneering new initiative aimed at increasing production while reducing costs for operators. Through the Build a Better Well Campaign, Preferred Sands tracks real well production reports and studies well designs throughout North America from proposal and completions to production, with the goal of providing operators with [Read more]