BOE Report

Baker Hughes, a GE company Announces June 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2018 was 959, down 8 from the 967 counted in May 2018, and down 1 from the 960 counted in June 2017. The international offshore rig count for June 2018 was 195, down 3 from the 198 counted in May 2018, and down 2 from the 197 counted in June 2017. The average U.S. rig count for June 2018 was 1,056, up 10 from the 1,046 counted in May 2018, [Read more]

Whiting Petroleum Corporation Announces Extension of the Exchange Offer for its 6.625% Senior Notes Due 2026

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) today announced that it has extended its offer to exchange (the “Exchange Offer”) all of its outstanding, unregistered 6.625% Senior Notes due 2026 (the “Original Notes”) issued December 27, 2017, for new, registered 6.625% Senior Notes due 2026 (“New Notes”). The Exchange Offer, which was initially scheduled to expire on July 5, 2018 at 5:00 p.m., New York City time, has now [Read more]

WildHorse Resource Development Corporation Announces Second Quarter 2018 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE: WRD) announced today that it will report second quarter 2018 financial and operating results after the market closes for trading on August 7, 2018. Management will host an earnings conference call on August 8, 2018 at 8:00 a.m. Central (9:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (877) 883-0383 (Conference ID: 9209183), or (412) [Read more]

Waterous Energy Holds Final Close of Inaugural Fund at C$1.4 Billion Hard Cap

Atlantic-Pacific Capital served as exclusive global placement agent NEW YORK--(BUSINESS WIRE)--Atlantic-Pacific Capital, Inc. (“Atlantic-Pacific”), one of the largest independently owned global placement and advisory firms focused on alternative investments, announced the final closing of Waterous Energy Fund, L.P. (“Fund I” or the “Fund”) at its hard cap of C$1.4 billion (US$1.0 billion) in capital commitments, exceeding its target of C$1.0 billion (US$750 million). The Fund received strong [Read more]

Imperial committed to long-term shareholder value

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited today announced it has received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five percent of its 807,823,922 outstanding common shares as of June 13, 2018, or a maximum of 40,391,196 shares during the next 12 months. This maximum will be reduced by the number of shares purchased from Exxon Mobil Corporation (ExxonMobil), Imperial’s majority shareholder, as described [Read more]

EQT Midstream Partners Announces Pricing of Senior Notes

PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) (Partnership) announced today that it has priced an offering of $1.1 billion in aggregate principal amount of its 4.75% senior notes due 2023, $850 million in aggregate principal amount of its 5.5% senior notes due 2028, and $550 million in aggregate principal amount of its 6.5% senior notes due 2048, at prices to the public of 99.761%, 99.538%, 99.055% of their face value, respectively. [Read more]

EQT Midstream Partners Announces Offering of Senior Notes

PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) (Partnership) today announced its intent to offer, subject to market conditions, three new series of senior unsecured notes (collectively, Notes), in an underwritten public offering, each in an aggregate principal amount to be determined at pricing. Each series of the Notes will be issued pursuant to a new supplemental indenture to the Partnership’s existing base indenture. The [Read more]

Occidental Petroleum and White Energy to Study Feasibility of Capturing CO2 for Use in Enhanced Oil Recovery Operations

HOUSTON & PLANO, Texas--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) and White Energy announced today that they have agreed to evaluate the economic feasibility of a carbon capture, utilization and storage project. The project would capture carbon dioxide (CO2) at White Energy’s ethanol facilities in Hereford and Plainview, Texas, and transport it to the Permian Basin, where Occidental would use it in its enhanced oil recovery [Read more]

Mesa Royalty Trust Announces Trust Income for June 2018

HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (NYSE: MTR) announced the Trust income distribution for the month of June 2018. Unitholders of record on June 29, 2018 will receive distributions amounting to $0.078482303 per unit payable on July 31, 2018. The Trust received $97,150 and $50,155 from the New Mexico and Colorado portions, respectively, of the San Juan Basin Properties. Royalty income received from the Hugoton Properties totaled $0. [Read more]

Concho Resources Inc. Announces Pricing of Senior Unsecured Notes

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has priced an offering of a total of $1,600 million aggregate principal amount of senior unsecured notes, consisting of $1,000 million aggregate principal amount of senior unsecured notes due 2028 (the “2028 notes”) and $600 million aggregate principal amount of senior unsecured notes due 2048 (the “2048 notes” and collectively with the [Read more]