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]
ARC Resources Ltd. Confirms July 17, 2017 Dividend Amount
CALGARY, June 16, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on July 17, 2017 to shareholders of record on June 30, 2017. The ex-dividend date is June 28, 2017. As at June 16, 2017, the trailing 12-month payments to investors, including the June 15, 2017 payment, total $0.60 per share. ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $6.3 billion. ARC's [Read more]
Lonestar Resources Announces Closing Of Acquisitions
FORT WORTH, Texas, June 16, 2017 /PRNewswire/ -- Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced the closing of its previously announced Eagle Ford Shale acquisitions in Karnes, Gonzales, DeWitt, Lavaca and Fayette Counties. The acquisition consisted of approximately 30,219 gross / 21,238 net acres with Proved reserves of approximately 31.4 million barrels of oil equivalent ("MMBOE"), as estimated by Lonestar, as of December 31, 2016. After [Read more]
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