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]

Ultrapetrol Announces Appointment of Mr. Sebastian Villa to Board of Directors

NASSAU, Bahamas, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business, and Ocean Business), announced today the appointment of Mr. Sebastián Villa to the Company's Board of Directors. The addition of Mr. Villa will increase the Board's membership to six. Mr. Sebastián Villa is a Member of the Executive Committee of Southern Cross Group. [Read more]

Global Automotive Coolant Market 2015-2019 – Growing Demand for Recycled Antifreeze a Major Market Driver

Dublin, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jkwq7k/global_automotive) has announced the addition of the "Global Automotive Coolant Market 2015-2019" report to their offering. The global automotive coolant market to grow at a CAGR of 5.89% over the period 2014-2019. The global automotive coolant market is segmented into three divisions on the basis of product: ethylene glycol, propylene glycol, [Read more]

First oil from the Edvard Grieg field, offshore Norway

Stockholm, 2015-11-30 08:00 CET (GLOBE NEWSWIRE) --   Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that first oil from the Edvard Grieg field in the Norwegian North Sea was achieved on 28 November 2015. The Edvard Grieg field has commenced production and marks the beginning of a transformational increase in Lundin Petroleum's production levels and cash flow generation going forward. Alex Schneiter, President and CEO of Lundin Petroleum comments: "I am extremely proud [Read more]

Victory Nickel Announces Debt Restructuring Package

TORONTO, Nov. 26, 2015 (GLOBE NEWSWIRE) -- Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX:NI, www.victorynickel.ca) today that it has entered into a debt restructuring agreement (the "Restructuring") with its secured lender (the "Secured Lender"), to restructure and extend the Company's US$5.15 million senior secured 14.8% notes (the "SPA Loan"), dated as of April 24, 2014 and amended June 3, 2015 plus accrued interest to September 30, 2015. In connection with this transaction, the [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]

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 Back" $1,589,167 • Net earnings, after tax of $0.01 [Read more]

Lundin Petroleum completes Selada exploration well, offshore Malaysia

Stockholm, 2015-11-26 08:24 CET (GLOBE NEWSWIRE) --   Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has completed the Selada-1 exploration well in Block PM308A, offshore Malaysia. The well was dry and has been plugged and abandoned. The well was targeting hydrocarbons in Miocene aged sands approximately 14 km to the south of the Bertam field operated by Lundin Malaysia. Selada-1 was drilled with the West Prospero [Read more]

Toscana Energy Announces Acquisition of Oil Assets

CALGARY, Alberta, Nov. 25, 2015 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation") (TSX:TEI) is pleased to announce that it has entered into a Purchase and Sale Agreement to acquire assets (the "Assets") that produce, on average, 300 barrels a day of long life operated light oil production in southern Alberta, for $15,000,000 in cash. This acquisition represents the fourth purchase of large resource in place oil reserves this year adding to Toscana [Read more]

SemCAMS Acquires Pipelines, Compression and Dehydration Facilities in the Duvernay

CALGARY, Alberta, Nov. 24, 2015 (GLOBE NEWSWIRE) -- SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced that it has acquired gas and condensate facilities in the Kaybob area of Alberta for approximately $38 million (Cdn). The recently constructed facilities include field compression, dehydration and condensate handling equipment which complements the previously announced SemCAMS KA North Condensate pipeline, KA North II gas pipeline and the KA Gas Plant condensate [Read more]