BOE Report

Shell Energy North America (US), L.P., Closes MP2 Energy LLC Acquisition Deal

HOUSTON, Sept. 13, 2017 /PRNewswire/ -- Shell Energy North America (US), L.P. (SENA), announced today that it has formally closed the MP2 Energy LLC (MP2) acquisition deal previously announced on 29 June, 2017. MP2 is an energy leader in Demand Response Solutions and is developing new and innovative approaches to on-site generation management.  These strengths now combined with SENA's trading capabilities, market knowledge and balance sheet result is an entity that [Read more]

Shell and Petrobras sign technical cooperation agreement to strengthen deep water partnership

RIO DE JANEIRO, Sept. 11, 2017 /PRNewswire/ -- Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.  In true partnership spirit between two of the world's largest energy companies, Shell will benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil's pre and [Read more]

Southwestern Energy Announces Cash Tender Offers For Senior Notes

HOUSTON, Sept. 11, 2017 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) (the "Company") today announced that it has commenced offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer") its outstanding senior notes listed in the table below, upon the terms and conditions described in the Company's Offer to Purchase dated September 11, 2017 (the "Offer to Purchase"). AggregatePrincipalAmountOutstanding(U.S. $) Dollars per U.S. $1,000 PrincipalAmount [Read more]

Antero Resources Announces Pricing of Secondary Offering of Antero Midstream Partners LP Common Units

DENVER, Sept. 6, 2017 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources" or the "Company") announced today the pricing of an underwritten public offering of 10,000,000 common units (the "Offering") representing limited partner interests in Antero Midstream Partners LP (NYSE: AM) (the "Partnership") held by Antero Resources at a price of $31.45 per common unit for aggregate gross proceeds of approximately $315 million before estimated offering expenses. In connection with [Read more]

U.S. Bankruptcy Court Approves Sempra Energy’s Merger Agreement With Energy Future

SAN DIEGO, Sept. 6, 2017 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that the U.S. Bankruptcy Court for the District of Delaware (Bankruptcy Court) has approved the merger agreement that Energy Future Holdings Corp. (Energy Future) entered into with Sempra Energy on Aug. 21, 2017. This approval is an important step in Sempra Energy's proposal to acquire Energy Future's 80-percent ownership interest in Oncor Electric Delivery Company, LLC (Oncor). "We are pleased that our plan to [Read more]

Tenaska Refinances its 2nd Solar Facility in California’s Imperial Valley through the Issuance of U.S. Private Placement Green Bond

OMAHA, Neb., Sept. 6, 2017 /PRNewswire/ -- Tenaska has closed refinancing on its 150-megawatt (MW) Tenaska Imperial Solar Energy Center West project through an issuance of $400 million of senior secured, long-term notes. The private placement received an investment-grade rating of BBB by Kroll. "Tenaska Imperial West continues to be a successful project, and the market responded favorably," said Greg Van Dyke, Tenaska's chief financial officer. "This speaks to the financial strength of the [Read more]

Callon Petroleum Declares Series A Preferred Dividend

NATCHEZ, Miss., Sept. 5, 2017 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has declared a cash dividend of $1.25 per share, on its 10.0% Series A Cumulative Preferred Stock ("Series A Preferred Stock").  The dividend will be paid on September 29, 2017 to stockholders of record as of September 15, 2017.  The Series A Preferred Stock is currently listed on the New York Stock Exchange under the symbol "CPE.A." Callon is an independent [Read more]

Cimarex Energy Declares Quarterly Cash Dividend

DENVER, Sept. 1, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.08 per share.  The dividend is payable on December 1, 2017, to stockholders of record on November 15, 2017.  About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin [Read more]

RPC, Inc. Announces Presentations at Upcoming Investor Conferences

ATLANTA, Aug. 29, 2017 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its participations in two upcoming investor conferences. RPC will attend and make presentations at the Barclays CEO-Energy Power Conference in New York on Thursday, September 7th; and the 2017 Johnson Rice Energy Conference in New Orleans on Tuesday, September 26th. In both of these presentations, RPC's management will provide a corporate overview, discuss the Company's outlook and strategies under current market [Read more]

Connacher Announces Q2 2017 Results

CALGARY, Aug. 29, 2017 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2017 ("Q2 2017") (all amounts are in Canadian dollars unless otherwise noted). Connacher has posted four consecutive quarters with positive netbacks and two quarters with positive adjusted EBITDA for the first time since 2014. Improved pricing, major cost structure reductions while maintaining high operational [Read more]