BOE Report

Shell Energy North America Signs Purchase Agreement To Acquire MP2 Energy LLC

HOUSTON, June 29, 2017 /PRNewswire/ -- Shell Energy North America ("SENA") announced today that it has signed a purchase agreement for the acquisition of MP2 Energy LLC (MP2). Subject to regulatory approvals, the transaction is expected to be closed in the 3rd quarter of 2017. Through self-developed proprietary systems and technology, MP2 provides market based solutions to commercial and industrial customers for managing energy supply, load, and generation.  MP2 is [Read more]

Callon Petroleum Company Schedules Second Quarter 2017 Conference Call for August 3, 2017

NATCHEZ, Miss., June 28, 2017 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) (the "Company") plans to host a conference call to discuss its second quarter 2017 financial and operating results. Conference Call and Webcast Date: Thursday, August 3, 2017 Time: 9:00 a.m. Central Time (10:00 a.m. Eastern Time) By Phone:     Domestic: 1-888-317-6003 Canada: 1-866-284-3684 International: 1-412-317-6061 Access code: 5792667 By Webcast: www.callon.com [Read more]

Penn West Changes Name to Obsidian Energy Ltd. and Announces Voting Results from the 2017 Annual and Special Meeting of Shareholders

CALGARY, June 26, 2017 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West" "or the Company") is pleased to announce that our shareholders have approved our name change to Obsidian Energy Ltd., effective immediately. In conjunction with our name change, our stock symbol will be replaced with "OBE" on both the Toronto Stock Exchange and New York Stock Exchange, effective in the next 3 – 5 business days.  No action is required by shareholders with respect to this [Read more]

Chesapeake Energy Corporation Announces Redemption Of 2.500% Contingent Convertible Senior Notes Due 2037

OKLAHOMA CITY, June 22, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) (the "Company") today announced that the Company is calling for redemption in full on July 24, 2017 (the "Redemption Date") all of its outstanding 2.500% Contingent Convertible Senior Notes due 2037 (the "Notes"), of which an aggregate principal amount of approximately $1.2 million is outstanding. The Notes are called for redemption at a redemption price (the "Redemption Price"), in any integral multiple of [Read more]

Chesapeake Energy Corporation Announces Redemption Of 2.75% Contingent Convertible Senior Notes Due 2035

OKLAHOMA CITY, June 22, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) (the "Company") today announced that the Company is calling for redemption in full on July 24, 2017 (the "Redemption Date") all of its outstanding 2.75% Contingent Convertible Senior Notes due 2035 (the "Notes"), of which an aggregate principal amount of approximately $2.0 million is outstanding. The Notes are called for redemption at a redemption price (the "Redemption Price"), in any integral multiple of [Read more]

Sempra Energy Declares Common Dividend

SAN DIEGO, June 21, 2017 /PRNewswire/ -- The board of directors of Sempra Energy (NYSE:SRE) today declared a quarterly dividend of $0.8225 per share of common stock. The current dividend is payable July 15, 2017, to shareholders of record at the close of business on July 7, 2017. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2016 revenues of more than $10 billion. The Sempra Energy companies' more than 16,000 employees serve approximately 32 million [Read more]

Magellan Midstream to Present at J.P. Morgan Energy Equity Conference

TULSA, Okla., June 21, 2017 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Aaron Milford, chief financial officer, is scheduled to present at the J.P. Morgan Energy Equity Conference at 9:20 a.m. Eastern on Tues., June 27 in New York City. A copy of the slide presentation and audio webcast will be available live on the day of the event on the partnership's website at www.magellanlp.com/investors/webcasts.aspx. A replay of the webcast also will be available [Read more]

Flint Hills Resources To Use Honeywell Connected Plant Technology To Ensure Optimal Refinery Operation

DES PLAINES, Ill., June 21, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that Flint Hills Resources will use the Honeywell Connected Plant Process Reliability Advisor to provide ongoing monitoring of the refinery's CCR Platforming™ unit along with early detection and mitigation of performance issues before they become costly. The CCR Platforming unit produces a range of transportation fuels. Process Reliability Advisor works by continuously feeding plant data through [Read more]

Southwestern Energy Declares Dividend On Mandatory Convertible Preferred Stock

HOUSTON, June 20, 2017 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that an authorized committee of its Board of Directors declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on July 17, 2017, to holders of record on July 1, 2017. This equates to $0.78125 for each depositary share, which represents a 1/20th interest in a share of the Series B preferred stock. The dividend is for the period beginning on [Read more]

Lonestar Resources Announces Retirement Of Its 12% Second Lien Notes

FORT WORTH, Texas, June 20, 2017 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") is pleased to announce the retirement of its 12% Senior Secured Second Lien Notes due 2021 (the "Second Lien Notes").  At March 31, 2017, Lonestar had approximately $17 million remaining on its Second Lien Notes.  Lonestar redeemed or repurchased those notes at an average of 106% of par effective June 20, 2017. Lonestar's Chief Executive Officer, Frank D. [Read more]