BOE Report

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]

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]

LPL Financial Welcomes Peoples Security Bank & Trust

– Pennsylvania-based Bank Consolidates On LPL’s Platform To Enable Significant Expansion of Its Wealth Management Program – – Bank Also Announces Acquisition of Edward J. Gilmartin/Gilmartin Associates, an Asset Management and Retirement Services Firm – CHARLOTTE, N.C., Jan. 13, 2016 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today announced that Peoples [Read more]

KBR Acquires Chematur Engineering Subsidiaries Ecoplanning, Plinke and Weatherly

HOUSTON, Jan. 13, 2016 (GLOBE NEWSWIRE) -- KBR, Inc. (NYSE:KBR) announced today it has acquired Weatherly Inc. (Weatherly), Plinke GmbH (Plinke), and Chematur Ecoplanning Oy (Ecoplanning) from Chematur Technologies AB, owned by Connell Chemical. Weatherly is a North American-based company with extensive experience providing nitric acid and ammonium nitrate proprietary technologies and services to the fertilizer market. For more than five decades, Weatherly has designed, engineered and [Read more]

Energy Industry to Face a $100 billion-plus Cash-flow Gap in 2016, Says AlixPartners Study

NEW YORK, Jan. 13, 2016 (GLOBE NEWSWIRE) -- The year 2016 will likely be another year of low oil prices and deteriorating energy-industry revenues and profits, turning it into a watershed for the already-troubled industry, including for the more than 130 publicly-traded exploration & production (E &P) companies operating in North America which are predicted to post a combined negative net cash flow (operating cash minus interest payments and currently-planned capital expenditures) of [Read more]

Noble Energy Will Release Its Fourth Quarter 2015 Results and Host a Conference Call on February 17

Houston, Jan. 12, 2016 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL) will host its fourth quarter and full year 2015 earnings webcast and conference call at 9:00 a.m., Central Time, Wednesday, February 17, 2016.  The Company plans to issue its financial and operating results, including supporting presentation materials for the conference call, prior to the market opening on the same day. The live audio webcast and related presentation material will be accessible on the [Read more]