BOE Report

Shell Pledges $1 Million to American Red Cross for Hurricane Harvey Relief

HOUSTON, Aug. 29, 2017 /PRNewswire/ -- Shell today informed the American Red Cross it will make an initial contribution of $1 million to the Hurricane Harvey disaster relief fund. As recovery and relief efforts evolve, Shell will consider where else to offer assistance that can have the most immediate impact. "Our roots run extremely deep in Houston and we are committed to doing our part to help the city move on in the aftermath of Harvey," said Bruce Culpepper, [Read more]

Atlas Oil Company’s Emergency Fueling Response Team Deploys Trucks to Hurricane Harvey Relief Efforts

TAYLOR, Mich., Aug. 28, 2017 /PRNewswire/ -- Atlas Oil Company's Emergency Fueling Response Team monitors all storms throughout the country.  As Hurricane Harvey developed in the Gulf of Mexico, the Atlas team assembled in the mission control room out of its headquarters in Taylor, Mich., and prepared for a potential deployment. "Our first priority was to ensure the safety of our team members," said Bob Kenyon, President and Chief Operating Officer at Atlas Oil.  [Read more]

Newfield Provides Third Quarter 2017 Conference Call Information

THE WOODLANDS, Texas, Aug. 22, 2017 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) will host its third quarter 2017 earnings conference call at 10:00 a.m. (CDT), Wednesday, November 1, 2017.  The Company plans to release its third quarter earnings after market close on October 31, 2017. To participate in the conference call, please dial (719) 457-2641 and provide conference code 7914344 at least 10 minutes prior to the scheduled start time.  In addition, a listen-only broadcast of the [Read more]

SoCalGas Streamlines Processes to Support Renewable Gas Projects

LOS ANGELES, Aug. 22, 2017 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced new initiatives that will make it easier for renewable gas production facilities to connect to the company's natural gas pipeline system. First is the creation of a downloadable toolkit to assist renewable gas producers and developers who are interested in interconnecting their projects with the SoCalGas pipeline network.  In addition, new provisions will enable SoCalGas and renewable gas producers [Read more]

Sempra Energy Announces Agreement To Acquire Ownership Interest In Oncor

SAN DIEGO, Aug. 20, 2017 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced an agreement to acquire Energy Future Holdings Corp. (Energy Future), the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC (Oncor), operator of the largest electric transmission and distribution system in Texas. Under the agreement, Sempra Energy will pay approximately $9.45 billion in cash to acquire Energy Future and its ownership in Oncor, while taking a major step forward in resolving [Read more]

Mesa Natural Gas Solutions Receives Department Of Defense Freedom Award

CASPER, Wyo., Aug. 17, 2017 /PRNewswire/ -- Secretary of Defense James Mattis and the U.S. Department of Defense (DoD) have selected Mesa Natural Gas Solutions, a generator service company founded and led by veterans, as a 2017 recipient of the Secretary of Defense Employer Support Freedom Award. Mesa, which specializes in natural gas or liquid propane powered mobile generators, was among 15 companies honored from 3,064 nominations the DoD received from Reserve Component troops across the [Read more]

Peabody Announces Launch Of Secondary Offering By Certain Selling Stockholders, Repurchase Of Common Stock

ST. LOUIS, Aug. 17, 2017 /PRNewswire/ -- Peabody Energy Corporation ("Peabody") (NYSE: BTU) announced today that certain of its existing stockholders affiliated with Discovery Capital Management, LLC (the "selling stockholders") intend to offer 12,800,000 shares of Peabody's common stock in an underwritten secondary offering, of which Peabody intends to repurchase from the underwriter a number of shares having an aggregate value of approximately $40 million. The selling stockholders will [Read more]

Kirby Corporation Announces The Resignation Of Executive Vice President And Chief Financial Officer C. Andrew Smith

HOUSTON, Aug. 17, 2017 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced that C. Andrew Smith, Executive Vice President and Chief Financial Officer of Kirby, has informed Kirby that he is resigning from his position effective September 7, 2017 to accept another opportunity. David Grzebinski, Kirby's President and Chief Executive Officer, commented, "Andy has been a valuable contributor during his three years with Kirby, and we wish him all the best in his future [Read more]

Ikkuma Resources Corp. announces transformational Foothills acquisition tripling production to 20,800 BOE/d in conjunction with a $20 million infrastructure sale and a $10 million flow-through equity financing

CALGARY, Aug. 15, 2017 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSX VENTURE: IKM) is pleased to announce that it has entered into a purchase and sale agreement (the "Purchase and Sale Agreement") to acquire (the "Acquisition") assets located in the Alberta Foothills as well as in the British Columbia Deep Basin (the "Assets"), effective as of July 1, 2017, for cash consideration of $34,000,000, subject to customary adjustments. The Acquisition is subject to standard [Read more]

4 AM Midstream, LLC Acquires Midstream Assets from White Star Petroleum, LLC

OKLAHOMA CITY, Aug. 15, 2017 /PRNewswire/ -- 4 AM Midstream, LLC ("4 AM" or the "Company") announced today that it has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC ("White Star") an independent oil and natural gas exploration and production company headquartered in Oklahoma City.  Also based in Oklahoma City, 4 AM provides gathering and processing services to oil and gas producers in markets with growing production. The relationship between Virgo Investment [Read more]