TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (NYSE: UNT) announced today that it will participate at EnerCom’s 2015 The Oil & Gas Conference, which will be held August 16 – 20, 2015 in Denver, Colorado. Unit’s presentation will be broadcast live over the Internet on Wednesday, August 19th at 9:15 a.m. Mountain Time (11:15 a.m. Eastern Time). Listeners may access the webcast via the Company’s website at www.unitcorp.com. The presentation will also be broadcast live on The Oil & Gas Conference [Read more]
Long-term Turmoil in Crude Oil Market Could Mean “Back to the Future” Experience for Some in Petrochemical Industry, IHS Says
LONDON--(BUSINESS WIRE)--An extended recovery period for crude oil prices, exceeding five years, would have dramatic implications for the global petrochemical industry and could mean a “Back to the Future” experience for some companies and regions -- creating a more competitive environment for naphtha producers, according to a new IHS (NYSE: IHS) report. The IHS Chemical Crude Oil Turmoil and the Global Impact on Petrochemicals Special Report assesses the potential market and economic [Read more]
KNOT Offshore Partners LP Earnings Release – Interim Results for the Quarter Ended June 30, 2015
ABERDEEN, Scotland--(BUSINESS WIRE)--Highlights For the three months ended June 30, 2015, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): • Generated revenues of $37.0 million, operating income of $11.1 million and net income of $6.9 million • Generated Adjusted EBITDA of $28.8 million (1) • Generated distributable cash flow of $16.2 million (1) • Achieved strong operational performance with 100% utilization of the fleet In addition, the [Read more]
Approach Resources to Participate in Upcoming Conference
FORT WORTH, Texas--(BUSINESS WIRE)--Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in EnerCom’s The Oil & Gas Conference® 20. The Company is scheduled to present on Monday, August 17 at 1:55 p.m. MT. The live presentation will be webcast and will be accessible through the Investor Relations section of the Company’s website at www.approachresources.com. The slide presentation for this event will also be available through the website. About Approach [Read more]
2015 Summer NAPE Registrations, Exhibitors On Pace With Prior Years Despite Industry Downturn
FORT WORTH, Texas--(BUSINESS WIRE)--The downturn in America’s oil and gas industry has not affected Summer NAPE 2015, the nation’s largest oil and gas prospect expo. Today, NAPE organizers announced that attendee and exhibitor registrations for Summer NAPE 2015 are on pace with those from Summer NAPE 2014. Summer NAPE 2015 will take place Aug. 19-20, 2015 at the George R. Brown Convention Center in Houston. “NAPE is beneficial in up as well as down markets because it builds attendees’ [Read more]
Howard Energy Partners Announces Successful Open Season on Nueva Era Pipeline
SAN ANTONIO--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (HEP) today announced that due to a successful open season, construction will move forward on the Nueva Era Pipeline, a 50-50 joint venture between HEP and Mexico-based energy and services firm Grupo Clisa, connecting HEP’s existing Webb County Hub in South Texas directly to Escobedo, Nuevo León, Mexico, and to the Mexican National Pipeline System (Sistema de Transporte Nacional Integrado) in Monterrey, Mexico. Mexico’s Comisión [Read more]
EXCO Resources, Inc. Announces Preliminary Voting Results Received Through August 11, 2015 and Recesses Annual Meeting
DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that the six proposals presented by EXCO in the proxy statement (the “Proxy Statement”) have, through August 11, 2015, received the affirmative vote of more than a majority of EXCO’s shares of common stock outstanding, and that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has been recessed indefinitely. Set forth below are the preliminary voting results on each of the proposals: [Read more]
SM Energy Announces Participation in Upcoming Investor Conferences
DENVER--(BUSINESS WIRE)--SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor events: August 19, 2015 – Enercom The Oil and Gas Conference. Jay Ottoson, President and CEO, will present at 10:30 AM Mountain Time. September 8, 2015 – Barclays CEO Energy-Power Conference. Jay Ottoson, President and CEO, will present at 11:45 AM Eastern Time. SM Energy's presentation materials for Enercom will be available on August 17, 2015 at 7:00 [Read more]
USD Partners LP Announces Second Quarter 2015 Results
HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and six months ended June 30, 2015. Highlights with respect to the second quarter of 2015 include the following: Increased quarterly cash distribution to $0.29 per unit ($1.16 per unit on an annualized basis), payable on August 14, 2015, to unitholders of record at the close of business on August 10, 2015 Reported Adjusted EBITDA of $9.9 million and [Read more]
Meritage Midstream Services Announces Construction of Crude Oil and Natural Gas Infrastructure In Western Canada
CALGARY, Alberta & DENVER--(BUSINESS WIRE)--Meritage Midstream Services (“Meritage”) announced today that its Canadian affiliate, Meritage Midstream Services III, LP (“Meritage III”), has entered into definitive agreements with Canadian International Oil Corporation (“CIOC”) to build natural gas gathering, compression and processing assets and crude oil gathering assets to support the development of CIOC’s Montney and Duvernay Shale positions in west-central Alberta. Meritage III will provide 75 [Read more]
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