BOE Report

Advantage Announces First Quarter 2017 Operating & Financial Results

42% Increase in Production to 238 mmcfe/d (39,635 boe/d), 79% Increase in Cash Flow to $54 million and a 39% Increase in Undeveloped Montney Land Holdings (TSX: AAV, NYSE: AAV) CALGARY, May 4, 2017 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report that first quarter 2017 production increased 42% over the same period of 2016 and 8% over the fourth quarter of 2016 to a record level of 238 mmcfe/d (39,635 boe/d).  Cash flow increased 79% to $54 [Read more]

ARC Resources Ltd. Announces Approval of Resolutions at Annual Meeting

CALGARY, May 4, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual Meeting (the "Meeting") held on May 4, 2017. The webcast of the Meeting is available on ARC's website at www.arcresources.com. During the business proceedings at the Meeting, ARC's shareholders approved the following resolutions: 1.    Resolution to appoint eleven board members, with 98.80% to 99.86% of shares [Read more]

Cheniere Energy Partners, L.P. Reports First Quarter 2017 Results

HOUSTON, May 4, 2017 /PRNewswire/ -- Summary of First Quarter 2017 Results (in millions, except LNG data) Three Months Ended March 31, 2017 2016 Revenues $ 891 $ 67 Net income (loss) $ 47 $ (75) Adjusted EBITDA1 $ 319 $ 12 LNG Loaded: Number of cargoes 43 1 TBtu 154 4 Recent Achievements Strategic Year to date, LNG from the SPL Project (defined below) has been delivered to 6 new countries. As of April 2017, [Read more]

FieldPoint Petroleum Receives Noncompliance Notice From NYSE MKT

AUSTIN, Texas, May 3, 2017 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) announced that on April 28, 2017, the Company received notification from the NYSE MKT ("NYSE MKT" or the "Exchange") that it was noncompliant with the NYSE MKT continued listing standards; specifically Section 1003(a)(ii) of the Company Guide.  The Company's stockholders' equity has been below the $2.0 million threshold required for listed companies that have reported losses from continuing operations in [Read more]

API: U.S. natural gas and oil infrastructure could support over 1 million jobs, study says

WASHINGTON, May 3, 2017 /PRNewswire-USNewswire/ -- API released a new study that shows private investment in U.S. natural gas and oil infrastructure could create over 1 million U.S. jobs. "By 2035, if the right regulatory policies are in place, private investment could exceed $1.3 trillion for oil and natural gas infrastructure, and create more than 1 million jobs," said Kyle Isakower, API vice president of regulatory and economic policy. "Already, reliable [Read more]

Platts RigData: U.S. Rig Count Grows 107% Year-Over-Year in April

HOUSTON, May 3, 2017 /PRNewswire/ -- Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for April 2017 was 971, up 70 (8%) from March 2017, and up 502 (107%) from April 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. April U.S. land rig count: 922, up 70 from the previous month and up 510 from April 2016. April U.S. inland waters and Gulf of Mexico rig count: 49, [Read more]

Power and Petrochemicals Dominate Mobile Water and Wastewater Treatment – Will Oil & Gas Outpace Growth?

SANTA CLARA, Calif., May 3, 2017 /PRNewswire/ -- WHEN:  3:00 p.m. EDT, Tuesday, May 16, 2017 LOCATION:  Online, with free registration at https://goo.gl/MXlMhk EXPERT PANELIST:  Frost & Sullivan Senior Industry Analyst Seth Cutler Without mobile water and wastewater treatment systems, end users across all industries will incur severe service disruptions, regulatory non-compliance issues, and an inability to cater to agile needs for mobile activity in select industries, such as [Read more]

Offshore Decommissioning Market Worth 8.76 Billion USD by 2025

PUNE, India, May 3, 2017 /PRNewswire/ -- The report "Offshore Decommissioning Market, by Service (Well Plugging & Abandonment, Platform Removal, Others), Depth (Shallow & Deepwater), Structure (Topsides, Other Infrastructure), Removal (Leave in Place, Partial, Complete), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is expected to grow from an estimated USD 5.91 Billion in 2017 to USD 8.76 Billion by 2025, at a CAGR of 5.05%.      (Logo: [Read more]

Bristow Announces New Contract With Hess Corporation For Search And Rescue

HOUSTON, May 3, 2017 /PRNewswire/ -- Bristow U.S. LLC  today announced that it was awarded a contract with Hess Corporation for medevac and search and rescue (SAR) services in the Gulf of Mexico. This is Bristow's second contract to provide full SAR services in the Gulf of Mexico. "We are honored to provide this critical lifesaving service on behalf of Hess," said Bristow Americas Regional Director Samantha Willenbacher. "We are drawing on our years of experience of operating SAR around the [Read more]

Successful exploration in Gorgon confirms new gas province in the Colombian Caribbean deep-water

BOGOTA, Colombia, May 3, 2017 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company) reports that the Gorgon-1 exploratory well showed presence of gas in the Colombian Caribbean deep-water, in zones with depths ranging between 3,675 and 4,415 meters below average sea level. The discovery proves gas presence on a structured located in the same geological trend of the Kronos field. Gorgon-1 is located 27 km away from the Purple Angel-1 well, which recently [Read more]