MIDLAND, Texas, May 02, 2017 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2017. HIGHLIGHTS Q1 2017 cash distribution of $0.302 per common unit, up 17% over Q4 2016, 103% year over year and the highest in Company history; implies a 7.1% annualized yield based on May 1 unit closing price of [Read more]
Rex Energy Changes Payment Method for Upcoming Dividend on Series A Preferred Shares
STATE COLLEGE, Pa., May 02, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced that it has changed the form of payment for the previously announced quarterly dividend on its Series A convertible perpetual preferred stock (“Series A Preferred Stock”). Previously, on April 21, 2017, the company announced the declaration of a quarterly dividend of $150.00 per share on the Series A Preferred Stock (equivalent to $1.50 per depository share) payable on May 15, 2017 in [Read more]
Paragon Offshore Announces Consensual Restructuring Agreement Reached Between Secured and Unsecured Lenders, Establishing Litigation Trust for Creditors to Pursue Claims Against Noble Corporation
AGREEMENT CLEARS PATH TO JUNE CONFIRMATION Term Lenders and Revolver Lenders to receive pro rata shares of $410 million in cash, 50% of new common equity, and new term debt of $85 millionUnsecured Noteholders to receive $105 million in cash and 50% of new common equityNo settlement with Noble Corporation; $10 million litigation trust established; proceeds beyond $10 million to be split 75% to Unsecured Noteholders and 25% to Secured LendersParagon expects confirmation in early June and [Read more]
Delphi Energy Corp. Announces Significant Montney Land Acquisition at Bigstone, Provides Production and Operations Update, and Amends Information Circular for Annual General Meeting of Shareholders
CALGARY, Alberta, May 02, 2017 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce the acquisition of 22.5 sections of Montney rights at Bigstone, contiguous to its current land holdings. In addition, the success of the 2017 capital program has increased corporate production to average approximately 10,000 barrels of oil equivalent per day (“boe/d”) for the month of April based on field estimates. LAND ACQUISITION The Company is pleased to announce it has [Read more]
Toscana Energy Announces New $36 Million Senior Secured Revolving Credit Facility
CALGARY, Alberta, April 28, 2017 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation (the "Corporation") (TSX:TEI) is pleased to announce that it has entered into a commitment letter with respect to a new senior secured demand revolving credit facility with Alberta Treasury Branches ("ATB"). The Credit Facility will provide the Corporation with a $36 million Credit Facility that will be available on a fully revolving basis. ATB has committed to the new Credit Facility subject to the [Read more]
Noble Energy to Present at Upcoming Energy Conference
Houston, April 28, 2017 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL) announced today that Gary W. Willingham, the Company’s Executive Vice President of Operations, will present at the Citi Global Energy & Utility Conference on Wednesday, May 10, 2017 at 2:00 p.m. Eastern Time. The presentation will be webcast live on the ‘Investors’ page of the Company’s website, www.nblenergy.com. Presentation materials and a replay of the event will also be available at the same web location. [Read more]
Baytex Conference Call and Webcast on First Quarter 2017 Results to be Held on May 5, 2017
CALGARY, Alberta, April 27, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its 2017 first quarter financial and operating results after the close of markets on Thursday, May 4, 2017. A conference call and webcast will be held on Friday, May 5, 2017 to discuss the results and address investor questions.Conference Call Details: Date:Friday, May 5, 2017Time:9:00 a.m. MDT (11:00 a.m. EDT)Dial-in:647-427-2258 (Toronto Local and International)1-866-226-4099 (North [Read more]
Baytex to Webcast Annual Meeting of Shareholders
CALGARY, Alberta, April 27, 2017 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will be holding its Annual Meeting of Shareholders on Thursday, May 4, 2017 at Centennial Place, 3rd Floor, West Tower (Bow Glacier Room), 250 - 5th Street S.W., Calgary, Alberta, commencing at 3:00 p.m. (MDT). Following the meeting, Mr. Edward LaFehr, President and incoming Chief Executive Officer, will deliver a corporate presentation on Baytex. Both the meeting and Mr. LaFehr’s presentation will be [Read more]
Sanchez Energy Corporation Announces First Quarter 2017 Earnings Conference Call
HOUSTON, April 27, 2017 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”) today announced that it will host a conference call at 1:00 p.m. Central Time (2:00 p.m. Eastern Time) on Tuesday, May 9, 2017. The Company expects to release its first quarter 2017 earnings before the market opens that day. What: Sanchez Energy First Quarter 2017 Earnings Conference Call When: Tuesday, May 9, 2017 at 1:00 p.m. Central Time (2:00 p.m. Eastern Time) Dial [Read more]
Mid-Con Energy Partners, LP Announces Quarterly Distribution on Preferred Units and Appointment to the Board of Directors
TULSA, April 26, 2017 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (NASDAQ:MCEP) (“Mid-Con Energy” or the “Partnership”) announced that the Board of Directors of its general partner declared a cash distribution for its Class A Convertible Preferred Units (“Preferred Units”) for the quarter ended March 31, 2017, according to terms outlined in the Partnership Agreement. A cash distribution of $0.043 per Preferred Unit will be paid on May 15, 2017 to holders of record as of the close of [Read more]
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