CALGARY, Alberta, July 01, 2015 (GLOBE NEWSWIRE) -- Quicksilver Resources Canada Inc. announced today that it received approval from the Canadian National Energy Board (“NEB”) to export up to 20 million tons per annum of liquefied natural gas from its Discovery LNG site located near Campbell River, British Columbia for a period of 25 years. For additional details regarding Discovery LNG, visit http://www.discoverylng.com. To view the NEB’s Letter Decision, navigate to: [Read more]
Chevron Second Quarter 2015 Earnings Conference Call
SAN RAMON, Calif., July 1, 2015 (GLOBE NEWSWIRE) -- Chevron Corporation (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 31, 2015, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, July 31, 2015 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1658696 To access [Read more]
Shell Midstream Partners, L.P. Acquires Interest in Poseidon Oil Pipeline
Houston, July 1, 2015 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced it has closed the acquisition of a 36% equity interest in Poseidon Oil Pipeline Company L.L.C. (Poseidon) for $350 million from Equilon Enterprises LLC, a subsidiary of Shell Oil Products US. The acquisition price, including a proportional share of Poseidon debt, reflects and approximate 9.5 times multiple of the asset's forecasted next twelve months adjusted earnings before interest, taxes, [Read more]
Golar and Perenco agree the material commercial terms for the floating liquefied natural gas export project in Cameroon
HAMILTON, Bermuda, June 30, 2015 (GLOBE NEWSWIRE) -- Hamilton, Bermuda: Golar LNG Limited ("Golar") is pleased to announce that, further to the announcement on 24 December 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco Cameroon ("Perenco") for the development of a floating liquefied natural gas export project in Cameroon, agreement has now been reached with the support of the Boards of both Golar and Perenco on the material [Read more]
Sundance Energy Australia Limited Enters Into Share and Asset Sale Agreement With New Standard Energy Ltd.
DENVER, June 29, 2015 (GLOBE NEWSWIRE) -- Sundance Energy Australia Ltd (ASX:SEA) (Sundance) is pleased to announce it has entered into a Share and Asset Sale Agreement (“SSA”) for the acquisition of New Standard Energy Ltd’s (ASX:NSE) (New Standard) U.S. and Cooper Basin assets. The SSA is subject to approval by NSE’s shareholders and other customary conditions precedent, including due diligence. Key assets to be acquired include: ~5,500 net acres in Atascosa County, Texas inclusive of 7 [Read more]
Liquefied Natural Gas Market to Reach US$196.4 million by 2019 owing to Rise in Demand for Electricity: Transparency Market Research
Albany, NY, June 29, 2015 (GLOBE NEWSWIRE) -- A new report has been published by Transparency Market Research, titled "Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019". TMR, a market intelligence company based in the U.S., states that the global liquefied natural gas market was estimated at US$161.4 million in 2012. Growing at a CAGR of 2.8% between 2013 and 2019, it is anticipated to reach 196.4 million by 2019. As per the TMR [Read more]
Quattro Agrees to Purchase 1.288 Million BOE of Oil, Natural Gas and Liquids in British Columbia
CALGARY, Alberta, June 18, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration And Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce that it has signed a binding Letter of Intent to purchase oil and gas production, facilities and lands from an Alberta-based private oil and gas exploration and production company. The purchase price for the acquisition is $5,182,630 to be paid through the issuance of equity and the assumption of decommissioning liabilities. The properties [Read more]
Toscana Energy Confirms Closing of Previously Announced Transactions
CALGARY, Alberta, June 18, 2015 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX:TEI) is pleased to announce that it has closed on its previously announced asset acquisition of approximately 200 BOEs/d of long life oil and gas assets within the Company's core operating areas of southern and central Alberta (the "Assets"). The aggregate purchase price in respect of the Assets acquired was $9 million which was satisfied using the Company's existing [Read more]
Quattro Commences Trading and Provides Corporate Update Confirming an Additional 200 boe Per Day of Production
CALGARY, Alberta, June 15, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to report the resumption of trading of its common shares on the TSX Venture Exchange under the trading symbol "QXP" and the successful addition of 200 boe per day at Milo Clarke Lake, in North East British Columbia. Quattro focused in the first quarter of 2015 on the remediation, equipping of 3 wells in the region and a re-entry program at Muskwa, a well [Read more]
Quattro Announces Revocation of Cease Trade Orders
CALGARY, Alberta, June 4, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX.V:QXP) ("Quattro" or the "Company") is pleased to announce that both the Alberta Securities Commission ("ASC") and the British Columbia Securities Commission ("BCSC") have revoked the cease trade orders that they had previously issued against the Company. On June 3, 2015, the ASC revoked the cease trade order it had issued on May 6, 2015 for the Company's failure to file with the Executive Director of [Read more]