BOE Report

Diamondback Energy Prices Upsized $750 Million Tack-On Offering Of Senior Notes

MIDLAND, Texas, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”) announced today that it has priced an offering of $750.0 million aggregate principal amount of its 4.750% Senior Notes due 2024 (the “New Notes”), representing a $250.0 million upsize from the previously announced size of the offering, at an issue price of 99.75% of the aggregate principal amount of the New Notes (the “Tack-On Offering”). The New Notes will mature on November 1, 2024, [Read more]

Diamondback Energy Launches $500 Million Tack-On Offering of Senior Notes

MIDLAND, Texas, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it proposes to offer, subject to market conditions and other factors, $500.0 million aggregate principal amount of its 4.750% Senior Notes due 2024 (the “New Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the [Read more]

Southcross Energy Partners, L.P. Announces James W. Swent III Elected as Chairman, President and Chief Executive Officer

DALLAS, Texas, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross” or the “Partnership”) announced today that James (“Jay”) W. Swent III has been elected Chairman, President and Chief Executive Officer by its Board of Directors. David W. Biegler, who has served as interim Chairman, President and Chief Executive Officer since March 2018, will remain a director. Mr. Swent has over 35 years of experience in finance, operations and international business [Read more]

Pieridae Appoints Chief Financial Officer and Grants Options

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Ms. Melanie Litoski as Chief Financial Officer (“CFO”) of the Company. Ms. Litoski is expected to begin her role as CFO on October 1, 2018. Ms. Litoski succeeds Mario Racicot who retired as CFO of the Company effective September 1st, 2018. Alfred Sorensen, Chief Executive Officer of the Company, will assume the responsibilities of CFO [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on September 14th, 2018 that on the same day Robert G. Jennings, Fred Dyment, Susan MacKenzie, Robert MacDougall, David Cook, Matt Brister and Steven Sinclair, all Independent Directors received Deferred Share Units (“DSUs”) relating to the payment of the dividend as follows:   DirectorNumber of DSUs grantedPriceGranted($Cdn)Number of DSUs held [Read more]

TransGlobe Energy Corporation Announces CEO Succession and Opening of London, UK Office

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX & AIM:  “TGL” & NASDAQ:  “TGA”) announces that, as part of the Company's ongoing succession planning, Ross Clarkson will retire as the Company’s CEO effective December 31, 2018.  Randall (Randy) Neely, TransGlobe’s current President, will assume the role of President and Chief Executive Officer.  Mr. Clarkson will remain with the Company as a Non-executive Director [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2018

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") confirms that the monthly dividend with respect to September 2018 of $0.06 per common share is to be paid on October 15, 2018, for shareholders of record on September 30, 2018.  The ex-dividend date is September 27, 2018. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]

Saturn Oil & Gas Announces USD $20 Million Senior Secured Note Facility with Prudential Capital Group

SASKATOON, Saskatchewan, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) is pleased to announce that it has entered into a USD $20 million senior secured revolving note facility (the "Notes") with Prudential Capital Energy Partners, the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. Under the terms of the Notes, Saturn has elected and qualified for an initial issuance of Notes equal to [Read more]

Razor Energy Corp. Provides Update on Current NCIB and Announces TSXV Approval for a New Normal Course Issuer Bid

CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to provide an update on the current normal course issuer bid (the “Current NCIB”) and announces the TSX Venture Exchange (the “TSXV”) has accepted Razor’s notice of intention to commence a new normal course issuer bid (the “New NCIB”) on September 14, 2018. The Current NCIB commenced on September 14, 2017 and concluded on September 13, 2018. Under the [Read more]

Canadian Natural Resources Limited Announces Completion of the Offer to Acquire Laricina Energy Ltd

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that its offer (the “Offer”) to acquire all of the issued and outstanding common shares (the “Laricina Shares”) in the capital of Laricina Energy Ltd. (“Laricina”), as previously described in the Laricina press release dated July 26, 2018, has been accepted by holders of Laricina Shares representing 98.7% of the issued and outstanding Laricina Shares on a fully [Read more]