BOE Report

Oil & Gas 360(R) Documentary to Look Deep Inside Whiting Petroleum Corporation

DENVER, CO--(Marketwired - Jan 7, 2016) -  At 10:00 a.m. Eastern time on Tuesday, January 12, 2016, Oil & Gas 360® invites investors to come behind the scenes inside Whiting Petroleum Corporation (NYSE: WLL), where SVP of Exploration and Development Mark Williams and the Whiting geoscience team will unveil a visionary project that Whiting has embarked upon. Using two scanning electron microscope systems, Whiting has been able to significantly improve its well results in the [Read more]

Crescent Point Energy Announces 2016 Capital Expenditures Plans

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2016) - (All financial figures are approximate and in Canadian dollars unless otherwise noted) Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce its capital expenditures plans for 2016. Crescent Point expects to spend between $950 million and $1.3 billion to target an annual average production range of 165,000 boe/d to 172,000 boe/d in 2016. This represents an average production increase of [Read more]

White Water Management Merges With Orion Rentals

CALGARY, AB--(Marketwired - January 07, 2016) - White Water Management Ltd. ("WWM") and Orion Rentals Ltd. ("Orion") today announced that the two privately-owned water management companies completed a merger on January 1, 2016."We are pleased to announce the merger and we are excited about joining forces with another industry leading water management company," said Kris Cudmore, President of WWM. "We believe our combined expertise and resources will provide significant benefits to our clients in [Read more]

DXI Energy December 2015 Production Tops 1000 BOE/d

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 6, 2016) - DXI Energy Inc. (TSX:DXI) (NYSE MKT:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced record monthly production in December 2015 from its key North American projects. Woodrush Project, NEBC: The Woodrush project currently includes 4 oil wells and 9 natural gas wells with significant [Read more]

TransCanada Commences Legal Actions Following Keystone XL Denial

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CALGARY, ALBERTA--(Marketwired - Jan. 6, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has filed a Notice of Intent to initiate a claim under Chapter 11 of the North American Free Trade Agreement (NAFTA) in response to the U.S. Administration's decision to deny a Presidential Permit for the Keystone XL Pipeline on the basis that the denial was arbitrary and unjustified. TransCanada also has filed a lawsuit in the U.S. Federal Court in Houston, Texas, [Read more]

Arsenal Energy Inc. Announces Results of Interim Credit Facility Review

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) Arsenal announces that its syndicate of lenders has completed its semi-annual review of the Company's Credit Facility. The lenders have approved a facility of $55.0 million consisting of a $30.0 million conforming Extendible Syndicated Credit Facility, a $10.0 million Extendible Operating Facility and a $15.0 million Supplemental Facility. Arsenal is currently drawn at [Read more]

Pembina Pipeline Corporation Launches $150 Million Bought Deal Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2016) - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX:PPL)(NYSE:PBA) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Scotiabank, BMO Capital Markets and RBC Capital Markets (together, the "Underwriters") pursuant to which the Underwriters have agreed to purchase from Pembina 6,000,000 cumulative redeemable minimum rate reset class A preferred shares, Series 11 (the "Series 11 [Read more]

Denys Stavnychyi Joins Burns & McDonnell as Pipeline Project Manager in Houston

HOUSTON, TX--(Marketwired - Jan 6, 2016) - Denys Stavnychyi has joined Burns & McDonnell in Houston as a pipeline project manager. A mechanical engineer and native of Ukraine, Stavnychyi brings an extensive 19-year resume of long-haul pipeline project experience including design and construction management. His resume includes multiple large, high-pressure pipeline construction projects both internationally and within the United States. He has held both engineering and project management roles [Read more]

Propell Technologies Appoints New CEO

HOUSTON, TX--(Marketwired - Jan 6, 2016) - Propell Technologies Group, Inc. (OTCQB: PROP) (the "Company"), the U.S. provider of a plasma pulse based enhanced oil recovery technology, announced the appointment of C. Brian Boutte as chief executive officer (CEO). John Huemoeller II will remain on the board of directors and as a consultant to the company. Based in Houston, Mr. Boutte has a longstanding record of achievement in exploration and production, new ventures and M&A, [Read more]

Ethylene Review 2015: Capacity Investments Advance, Maintenance & Repairs Drop, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 6, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Despite the retraction and slowdown of the Oil & Gas market in 2015, North American ethylene producers moved ahead with new capacity investments, reduced the number of days offline for maintenance or repairs and confirmed even more new capacity additions planned for future years. Industrial Info tracked 50 planned and unplanned offline events across 31 operational production units in the [Read more]