CALGARY, Aug. 2, 2017 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for August 2017 of $0.17 per share to be paid, subject to applicable law, on September 15, 2017 to shareholders of record on August 25, 2017. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should [Read more]
US oil and gas plowback robust despite capex and revenue cuts says EY
HOUSTON, Aug. 2, 2017 /PRNewswire/ -- Despite the low price environment, continued declines in revenues and lower capital expenditures, the 50 largest US exploration and production (E&P) companies demonstrated a commitment toward resource acquisition and development with strong plowback percentages* in 2016 — 158% compared to a five-year average of 132%, according to the US oil and gas reserves study 2017. The survey analyzes US E&P results based on end-of-year oil and gas reserve [Read more]
Panhandle Oil and Gas Inc. Announces New Director
OKLAHOMA CITY, Aug. 1, 2017 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced that Chad L. Stephens III was appointed to the Company's board of directors. Stephens is currently the Senior Vice President of Corporate Development at Range Resources Corporation in Ft. Worth, Texas. His appointment increases the board's size to eight members. "Chad has an extensive background and expertise in many facets of the oil and gas business, and we are delighted he is joining [Read more]
Tidewater Successfully Completes Financial Restructuring And Emerges From Chapter 11 Bankruptcy
NEW ORLEANS, July 31, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced that effective today the Company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Tidewater and its Affiliated Debtors (the "Plan"), that was confirmed on July 17, 2017 by the United States Bankruptcy Court for the District of Delaware. [Read more]
Billionaire Investors Backing an Oil Price Turnaround
LONDON, July 31, 2017 /PRNewswire/ -- Here's something few energy investors know... The Latin American energy sector is at its most lucrative turning point ever. In Argentina, while all the supermajors are tied up in the Vaca Muerta shale, massive heavy oil opportunities are up for grabs. Active companies in the market include: BHP Billiton Limited (NYSE:BHP), Phillips 66 (NYSE:PSX), Cabot Oil & Gas Corporation (NYSE:COG), Husky Energy Inc. (TSX:HSE.TO), Halcón Resources Corporation (NYSE:HK). [Read more]
Anadarko Reaches Significant Mozambique LNG Milestone
HOUSTON, July 31, 2017 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced that it had finalized two agreements with the Government of Mozambique – together known as the "marine concessions" – which would allow it to design, build and operate the marine facilities for its LNG project in northern Mozambique. This follows the publication of the Mozambican Government Decrees approving those agreements. "This is a key milestone on the path to a final investment decision [Read more]
EP Energy to Host Second Quarter 2017 Results Webcast on August 3
HOUSTON, July 28, 2017 /PRNewswire/ -- EP Energy Corporation (NYSE: EPE) has scheduled a webcast at 10 a.m. Eastern Time, 9 a.m. Central Time, on Thursday, August 3, to discuss its second quarter 2017 financial and operational results. The company's second quarter earnings press release is scheduled to be issued after the New York Stock Exchange closes trading on Wednesday, August 2, 2017. The webcast may be accessed online through the company's website at [Read more]
Royal Dutch Shell plc Second Quarter 2017 Interim Dividend
THE HAGUE, Netherlands, July 27, 2017 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend in respect of the second quarter of 2017 of US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share"), equal to the US dollar dividend for the same quarter last year. RDS provides eligible shareholders with a choice to receive dividends in cash or in shares via a Scrip Dividend Programme ("the Programme"). For further details please see below. [Read more]
Vermilion Energy Inc. Announces Results for the Three and Six Months Ended June 30, 2017
CALGARY, July 26, 2017 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three and six months ended June 30, 2017. The unaudited financial statements and management discussion and analysis for the three and six months ended June 30, 2017, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]
Northern Oil and Gas, Inc. Announces Second Quarter 2017 Earnings Release and Conference Call
MINNEAPOLIS, July 25, 2017 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE American: NOG) ("Northern") announced today that it expects to release second quarter 2017 financial and operating results on Tuesday, August 8, 2017 after market close. Additionally, the company plans to host a conference call on Wednesday, August 9, 2017 at 9:00 AM Central Time. Those wishing to listen to the conference call may do so via the company's website www.northernoil.com or by phone. Conference Call and [Read more]
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