BOE Report

Post Oak Minerals Acquires $475 Million of Permian Basin Focused Minerals & Royalties

HOUSTON--(BUSINESS WIRE)--Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), today announced that it has completed 10 acquisitions with a total value of over $475 million since the beginning of 2024, primarily in the Permian Basin. The acquired assets include over 28,400 net royalty acres (“NRA”) of mineral & royalty interests, with 27,400 NRA located in the Permian Basin and the remaining NRA located in the Eagle Ford and Haynesville shale [Read more]

Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with Occidental (NYSE: OXY) to purchase ~29,500 net acres, ~9,900 net royalty acres and ~15,000 Boe/d predominantly located directly offset the Company’s existing position in Reeves County, Texas for $817.5 million, subject to customary post-closing adjustments. The effective date of the transaction is July 1, 2024, with [Read more]

NOG Announces Second Joint Acquisition with Vital Energy in the Delaware Basin

HIGHLIGHTS   Joint acquisition with Vital Energy, Inc. (“Vital”) of certain assets (the “Point Assets”) of Point Energy Partners, LLC (“Point”), a Vortus Investments company (“Vortus”) for $1.1 billion NOG purchasing a 20% undivided stake in the Point Assets (the “Acquired Assets”) for $220 million in cash (all numbers below are net to NOG) The Acquired Assets include >4,500 Boe per day (2-stream, excluding NGLs, >75% oil) of recent production and ~4,000 net leasehold [Read more]

ExxonMobil to release second quarter 2024 financial results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its second quarter 2024 financial results on Friday, August 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer, and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the results during a live [Read more]

Tellurian to be acquired by Woodside for approximately $900 million

All-cash transaction provides substantial and certain value to Tellurian shareholders Offer reflects new leadership’s progress executing the company’s refreshed strategy HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (“Tellurian”) (NYSE American: TELL) today announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd (“Woodside”) (ASX: WDS) pursuant to which Woodside will acquire all the outstanding shares of Tellurian for $1.00 per share in an [Read more]

Woodside to acquire Tellurian and Driftwood LNG

Creates a global LNG powerhouse Attractive entry into scalable, fully permitted 27.6 million tonnes per annum (Mtpa) US LNG development option Significant cash generation potential to underpin long-term shareholder returns HOUSTON--(BUSINESS WIRE)--Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian (NYSE: TELL) including its owned and operated US Gulf Coast Driftwood LNG development opportunity (“Driftwood LNG”). The [Read more]

Imperial to hold 2024 Second Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2024 Second Quarter Earnings Call on Friday, August 2, following the company’s second quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast.   During the call, Mr. Corson will offer brief remarks prior to taking questions from [Read more]

STEP Energy Services Ltd. to announce second quarter 2024 results and host conference call

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) intends to release its 2024 second quarter results on Tuesday, August 6, 2024 after markets close. Financial Statements and Management's Discussion and Analysis will be posted to STEP’s website and SEDAR after the press release is disseminated. STEP will host a conference call on Wednesday, August 7, 2024 at 9:00 a.m. MT. To listen to the webcast of the conference call, please click on the following: [Read more]

Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces Second Quarter 2024 Results Conference Call and Webcast

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22 and 25. Series 1, 3, 5, 7, 9, 21 and 22 preferred share dividends are payable on September 3, 2024, to shareholders of record on August 1, 2024. Series 15, 17 and 19 preferred share dividends are payable on October 1, 2024, to [Read more]

Fluor joint venture moves one step closer to completion and startup of LNG Canada Train One with placement of final weld

IRVING, Texas--(BUSINESS WIRE)--#FluorBuildsABetterWorld--Fluor Corporation (NYSE: FLR) is pleased to announce completion of the final weld on the first production train at the LNG Canada project, in Kitimat, British Columbia, Canada. This marks a pivotal moment in the construction of one of the largest energy projects in Canadian history. The final weld took 48 hours of continuous work from teams of welders working in shifts. More than 380 pipe welders have worked on the project since [Read more]