BOE Report

Plains All American Pipeline, L.P. Announces $1.5 Billion Private Placement of 8% Perpetual Series A Convertible Preferred Units

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million units of a newly authorized series of 8% Perpetual Series A Convertible Preferred Units (the “Preferred Units”) at a price of $26.25 per unit. The Preferred Units will bear an annual distribution of $2.10 per unit. After two years, the Preferred Units [Read more]

Plains All American Pipeline, L.P. Announces $1.5 Billion Private Placement of 8% Perpetual Series A Convertible Preferred Units

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million units of a newly authorized series of 8% Perpetual Series A Convertible Preferred Units (the “Preferred Units”) at a price of $26.25 per unit. The Preferred Units will bear an annual distribution of $2.10 per unit. After two years, the Preferred Units [Read more]

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Distributions

January 12, 2016 08:37 AM Eastern Time  HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE:PAA) and Plains GP Holdings (NYSE:PAGP) today announced their quarterly cash distributions with respect to the fourth quarter of 2015. The distributions will be payable on February 12, 2016 to holders of record of each security at the close of business on January 29, 2016. PAA announced a quarterly cash distribution of $0.70 per limited partner unit ($2.80 per unit on an annualized [Read more]

Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2015 Fourth Quarter and Full Year Financial Results

HOUSTON, Jan. 15, 2016 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE:BPL) will release its 2015 fourth quarter and full year earnings on February 12, 2016.  Interested parties are invited to listen to the conference call on the 2015 fourth quarter and full year financial results. When:  February 12, 2016 at 11:00 a.m. Eastern Time     How:   On the internet at http://edge.media-server.com/m/p/k2sf4guj or by dialing 877-870-9226.      Replays:   Will be available through March [Read more]

Quattro Releases 3rd Quarter Financials Reporting Net Earnings of $0.01 Per Share

CALGARY, Alberta, Nov. 26, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce the filing of its third quarter 2015 financial statements, reporting net earnings of CDN $0.01 per share. The Company reported the following results for the 3 months ending September 30th, 2015: • Revenues $3,501,408 • Net income from operations, $ 11.70 per boe "Net [Read more]

Mid-Con Energy Partners, LP Completes Fall 2015 Borrowing Base Redetermination

DALLAS, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (NASDAQ:MCEP) (“Mid-Con Energy” or the “Partnership”) announces completion of its fall 2015 borrowing base redetermination.  The new $190 million borrowing base became effective on November 30, 2015 and includes monthly commitment reductions of $2.5 million through the Partnership’s next regularly scheduled bi-annual redetermination, which is expected to occur on or about May 1, 2016.  Wells Fargo Bank N.A. serves as [Read more]

Quattro Closes SRD Innovations Inc. Purchase

CALGARY, Alberta, Dec. 31, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company") is pleased to announce that it has closed its previously announced purchase of all the shares of SRD Innovations Inc. (“SRD”), an Alberta-based wireless technology company focused on the collection of real-time seismic imaging for exploration, reservoir engineering and micro-seismic monitoring and the analysis of hydraulic fracking, including all contracts, [Read more]

Lilis Energy Appoints Ronald D. Ormand Chairman of the Board and Oil & Gas Veteran, R. Glenn Dawson, Joins Lilis’s Board as a Director

DENVER, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Lilis Energy (NASDAQ:LLEX), a domestic oil and gas exploration and production company focused in the Denver-Julesburg (DJ) Basin, has announced the appointment of Director Ronald D. Ormand as Chairman of the Board of Directors. Former Chairman Nuno Brandolini, who served in that role since April 2014, will remain as a member of the Board of Directors. In addition, R. Glenn Dawson joins as an independent Director and member of the Audit Committee, and [Read more]

SemCAMS Announces Execution of Long-Term Wapiti Area Transportation Agreement

CALGARY, Alberta, Jan. 14, 2016 (GLOBE NEWSWIRE) -- SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced the execution of a long-term sour gas transportation contract with an investment grade producer in the Wapiti, Alberta area. The contract will extend an existing service arrangement on SemCAMS’ Northwest Wapiti, Wapiti and Simonette Pipeline systems (the “Wapiti Pipeline System”) for gas processing at SemCAMS’ Kaybob South 3 (K3) gas plant. The transportation for 33 [Read more]

Arc Logistics Partners LP Completes Its Acquisition of Four Refined Products Terminals in Pennsylvania From Gulf Oil

NEW YORK, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Arc Logistics Partners LP (NYSE:ARCX) (“Arc Logistics” or the “Partnership”) announced today that it has completed its previously announced acquisition of four refined products terminals (the “Terminals”) located in Pennsylvania from Gulf Oil Limited Partnership (“Gulf Oil”) for a purchase price of $8,000,000. The Partnership’s acquisition of the Terminals follows a decision and order issued by the Federal Trade Commission requiring an affiliate of [Read more]