BOE Report

Lundin Petroleum commences Selada exploration well, offshore Malaysia

Stockholm, 2015-11-09 08:46 CET (GLOBE NEWSWIRE) --   Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has commenced drilling of the Selada-1 exploration well in Block PM308A, offshore Malaysia. The well will target hydrocarbons in Miocene aged sands and is located 14 km to the south of the Bertam field operated by Lundin Malaysia. The Selada-1 exploration well will be drilled with the West Prospero [Read more]

AFPM President Chet Thompson responds to President Obama’s rejection of the Keystone XL Pipeline

WASHINGTON, Nov. 6, 2015 (GLOBE NEWSWIRE) -- "We are disappointed that President Obama, in a purely political move to improve his standing with environmental special-interest groups ahead of the Paris climate discussion, decided to reject a project that would provide the U.S. with a stable energy source from a trusted partner for years to come. The president's rejection of Keystone XL comes despite strong Congressional and public support for the project, and the State Department's long-standing [Read more]

Alta Mesa Announces Third Quarter 2015 Earnings Conference Call

HOUSTON, Nov. 6, 2015 (GLOBE NEWSWIRE) -- Alta Mesa Holdings, LP announced today that it will report third quarter 2015 financial results on Thursday, November 12th, 2015. Alta Mesa invites you to listen to its conference call to discuss these results on that date at 2:00 p.m. Central time. If you wish to participate in this conference call, dial 888-347-8149 (toll free in US/Canada) or 412-902-4228. A webcast of the call and any related materials will be available on the Company's website at [Read more]

Alta Mesa Announces Third Quarter 2015 Earnings Conference Call

HOUSTON, Nov. 6, 2015 (GLOBE NEWSWIRE) -- Alta Mesa Holdings, LP announced today that it will report third quarter 2015 financial results on Thursday, November 12th, 2015. Alta Mesa invites you to listen to its conference call to discuss these results on that date at 2:00 p.m. Central time. If you wish to participate in this conference call, dial 888-347-8149 (toll free in US/Canada) or 412-902-4228. A webcast of the call and any related materials will be available on the Company's website at [Read more]

QEP Resources Announces Participation in an Upcoming Investor Conference

DENVER, Nov. 05, 2015 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that members of the Company’s senior management will participate in the upcoming Jefferies Global Energy Conference on Thursday, November 12, 2015 at 12:30 p.m. ET (10:30 a.m. MT). A link to the webcast and a copy of the presentation will be available at www.qepres.com. Attendees should log in to the webcast approximately 15 minutes prior to the presentation’s start time.  A replay [Read more]

ShawCor Ltd. Announces Third Quarter 2015 Results

Third quarter revenue of $485 million increased by 22% from the $398 million reported in the second quarter of this year and was also marginally higher than the $470 million reported in the third quarter of 2014. Adjusted EBITDA in the third quarter was $74.8 million, an increase of 479% from the $12.9 million reported in the second quarter of 2015 and $3.5 million higher than the $71.3 million reported in the third quarter of 2014. Net income (attributable to shareholders of the [Read more]

Lawsuit Uncovers Governor Had State Workers Develop Maps for Personal Oil Holdings

LOS ANGELES, Nov. 05, 2015 (GLOBE NEWSWIRE) -- The latest bombshell in a RICO lawsuit filed June 3, 2015 against Governor Brown, oil companies, and a Kern County public official claims “Governor Brown diverted state resources to create a map of his personal oil holdings and then threatened his newly appointed State Oil & Gas Supervisor Steve Bohlen with termination after Bohlen emailed the commissioned document directly to Brown,” said Patricia Oliver a lawyer with the R. Rex Parris law firm. [Read more]

KBR Announces Sale of its Infrastructure Americas Division

HOUSTON, Nov. 5, 2015 (GLOBE NEWSWIRE) -- KBR, Inc. (NYSE: KBR) announced today it has agreed to sell its Infrastructure Americas division to North American design firm Stantec. The sale of Infrastructure Americas is consistent with the company's restructuring plans announced in December 2014. "We are pleased to continue the business transformation we set out to accomplish last year and selling the Infrastructure Americas division is an important part of that strategy," said Stuart Bradie, KBR [Read more]

SC Klaipedos Nafta preliminary transhipment and revenue results for the October 2015

During October 2015 SC Klaipedos Nafta (hereinafter – “the Company”) reloaded 534 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. by 7.2 percent better compared to October 2014, when 498 thousand tons were reloaded. Totally during the first ten months of 2015 the Company reloaded 5,216 thousand tons of petroleum products into its storage tanks or greater by 18.8 percent compared to the same period of 2014 when 4,391 [Read more]

Coor Service Management Holding AB – Interim Report January–September 2015

Continued growth and strong results in Norway Third quarter 2015 · Net sales increased by 5 per cent in the third quarter, to SEK 1,806 (1,728) million. Organic growth excluding currency fluctuations amounted to 6 per cent. · The operating profit (adjusted EBITA) decreased by SEK 4 million to SEK 75 (79) million. Excluding currency fluctuations, earnings decreased by SEK 2 million. The operating margin (adjusted EBITA  margin) was 4.2 (4.6) per cent. EBIT was SEK 17 (-11) million. · [Read more]