CALGARY, Alberta, Nov. 4, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company") is pleased to announce that it has signed a binding agreement to purchase oil and gas production, facilities and lands in British Columbia from an Alberta-based private oil and gas exploration and production company (the "Acquisition"). The purchase price for the acquisition is $1,944,180, to be paid through the issuance of 10,625 non-voting, Class C, series 2 [Read more]
Arc Logistics Partners LP Announces Third Quarter 2015 Results
NEW YORK, Nov. 4, 2015 (GLOBE NEWSWIRE) -- Arc Logistics Partners LP (NYSE:ARCX) ("Arc Logistics" or the "Partnership") today reported its financial and operating results for the third quarter ended September 30, 2015. During the third quarter of 2015, the Partnership accomplished the following: Acquired UET Midstream, LLC ("UET Midstream"), the principal assets of which consist of a newly constructed, substantially completed crude oil terminal (the "Pawnee Terminal") and a nearby [Read more]
GroundMetrics Featured in Saudi Aramco Ventures’ Innovation Zone
HOUSTON, Texas, Nov. 4, 2015 (GLOBE NEWSWIRE) -- via PRWEB - GroundMetrics Inc., a world-leading electromagnetic survey company and oil and gas technology pioneer, was invited to participate in Saudi Aramco Ventures' (SAEV) Innovation Zone at the upcoming Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), November 9th-12th, 2015. ADIPEC attracts seventy-five thousand attendees every year. "ADIPEC enables us to bring the best and brightest minds to share the most sophisticated [Read more]
U.S. Energy Corp. Schedules Third Quarter 2015 Highlights and Financial Results Conference Call/Webcast
RIVERTON, Wyoming, Nov. 04, 2015 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ:USEG) (the "Company"), today reported that it expects to issue its third quarter 2015 highlights and financial results press release before the market opens on Monday, November 9, 2015. Subsequent to the release being published, the Company will conduct a conference call and webcast to review and discuss the third quarter 2015 results. Details for the conference call are as follows: Conference Call Third [Read more]
UPDATE ON ATRUSH OPERATIONS
November 4, 2015 ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX Venture: SNM) (Nasdaq First North: SNM) is pleased to announce that an engineering, procurement and construction contract for a crude oil pipeline to be constructed within the Atrush Block has been signed by the Operator, TAQA Atrush BV, and a Kurdistan Regional Government approved pipeline contractor. In accordance with the terms of the contract the pipeline is expected to be completed in time for first oil which [Read more]
District heating and Cooling Market in Asia Pacific Estimated to reach US$129.6 billion by 2023: Transparency Market Research
Albany - New York, Nov. 4, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research has released a new market research report titled District Heating and Cooling Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast, 2015 - 2023. According to the report, the global district heating and cooling market stood at US$142.6 billion in 2014 and is likely to reach US$229.4 billion by 2023, expanding at a CAGR of 5.7% between 2015 and 2023. Browse the full report at [Read more]
Western Refining Logistics, LP Reports Third Quarter 2015 Results
• Net income of $16.5 million; EBITDA of $27.7 million, up 72% from Q3 2014• Increased quarterly distribution to $0.3825 per unit, a 20% increase vs Q3 2014• Increased Permian/Delaware Basin crude oil volume to 83,000 bpd, up 60% vs Q3 2014• Completed TexNew Mex pipeline acquisition in October EL PASO, Texas, Nov. 03, 2015 (GLOBE NEWSWIRE) -- Western Refining Logistics, LP (NYSE:WNRL) reported third quarter 2015 net income of $16.5 million, or $0.35 per common limited partner unit, which [Read more]
Western Refining Announces Third Quarter 2015 Results
EL PASO, Texas, Nov. 03, 2015 (GLOBE NEWSWIRE) -- Western Refining, Inc. (NYSE:WNR) today reported results for its third quarter ended September 30, 2015. Net income attributable to Western, excluding special items, was $160 million, or $1.69 per diluted share. This compares to third quarter 2014 net income, excluding special items, of $175.3 million, or $1.73 per diluted share. Including special items, the Company recorded third quarter 2015 net income attributable to Western of [Read more]
SHAMARAN ANNOUNCES CORPORATE UPDATE
November 3, 2015 ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX Venture: SNM) (Nasdaq First North: SNM) announces, following its news release of September 21, 2015, that the parties to the Atrush Block Joint Venture, TAQA Atrush B.V. (“TAQA”), General Exploration Partners, Inc. (“GEP”), a wholly owned subsidiary of the Corporation, and Marathon Oil KDV B.V. recently met to discuss the issues associated with the recent Default Notices issued by TAQA, as Operator, and have [Read more]
Halcón Announces Dividend Declaration on Series A Cumulative Perpetual Convertible Preferred Stock
HOUSTON, TEXAS, Nov. 02, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced that its Board of Directors declared a quarterly dividend on shares of its 5.75% Series A Cumulative Perpetual Convertible Preferred Stock equal to accrued dividends for the three months ending November 30, 2015. Halcón will pay the dividend on December 1, 2015 to holders of record on November 13, 2015. The dividend payments totaling approximately $3.5 [Read more]
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