BOE Report

InterOil Secures US$470 Million Credit Facility

SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 7, 2017 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, POMSox: IOC) today announced that it has entered into a new US$470 million senior secured credit facility. Once the conditions precedent are satisfied, the new facility will refinance and replace the existing US$400 million secured capital expenditure facility. As noted in the management information circular mailed to securityholders in relation to the proposed transaction with Exxon [Read more]

Aruba Petroleum Wins Appellate Ruling in Closely-Watched Nuisance Case

HOUSTON, Feb. 3, 2017 /PRNewswire/ -- In Parr v. Aruba, a case that has been closely followed by the oil and gas community, a Texas court of appeals on February 1 reversed a $2.9 million judgment against Aruba Petroleum Inc., holding that the plaintiffs failed to establish that the company's natural gas operations constituted an intentional nuisance. The suit stemmed from drilling and production activity in the Barnett Shale in Texas. The plaintiffs, who owned land [Read more]

Royal Dutch Shell plc Fourth Quarter 2016 Interim Dividend

THE HAGUE, Netherlands, February 2, 2017 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend in respect of the fourth quarter of 2016 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. The Board expects that the first quarter 2017 interim dividend will be US$0.47, equal to the US dollar dividend for the same quarter in the previous year. The first quarter 2017 [Read more]

EP Energy Announces Pricing of 8.00% Senior Secured Notes Due 2025

HOUSTON, Feb. 1, 2017 /PRNewswire/ -- EP Energy LLC ("EP Energy"), a wholly-owned subsidiary of EP Energy Corporation (NYSE: EPE), and its wholly-owned subsidiary, Everest Acquisition Finance Inc., as co-issuer (together with EP Energy, the "Issuers"), today announced the pricing of the previously announced unregistered offering of 8.00% Senior Secured Notes due 2025 (the "Notes") at an issue price of 100%. The size of the offering was also increased from $600.0 million to $1,000.0 million. The [Read more]

RSP Permian, Inc. Announces Timing of Fourth Quarter and Full-Year 2016 Financial and Operational Results and Conference Call

DALLAS, Feb. 1, 2017 /PRNewswire/ -- RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) today announced that it will release its fourth quarter and full-year 2016 financial and operating results after the New York Stock Exchange closes on Monday, February 27, 2017.  In connection with the release, RSP will host a conference call and webcast for investors on Tuesday, February 28, 2017 at 1:00 pm. Central Time (2:00 p.m. Eastern Time) to discuss the Company's results.  Hosting the call will [Read more]

Chesapeake Energy Corporation Provides 2016 Fourth Quarter And Year-End Earnings Conference Call Information

OKLAHOMA CITY, Feb. 1, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) has scheduled to release its 2016 fourth quarter and year-end operational and financial results before market open on Thursday, February 23, 2017. A conference call to discuss the results has been scheduled for the same day at 9:00 am EDT. The telephone number to access the conference call is 719-325-2355 or toll-free 888-417-8531. The passcode for the call is 2585187. The number to access the conference call [Read more]

TAG Oil Expands Oil & Gas Operations into Australia

VANCOUVER, Jan. 31, 2017 /PRNewswire/ - International oil and gas production company TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that the Company's wholly owned Australian subsidiary, Cypress Petroleum Pty Ltd. ("Cypress"), has closed the purchase of 100% interest in Petroleum Lease 17 ("PL 17") from privately held Southern Cross Petroleum & Exploration Pty Ltd. ("Southern Cross"). PL 17 is an oil and gas production permit and high-value exploration acquisition that [Read more]

Pacific announces appointment of Barry Larson as Chief Executive Officer

Industry Veteran with Significant International and Colombian Operating Experience TORONTO, Jan. 30, 2017 /PRNewswire/ - Pacific Exploration & Production Corp. (TSX: PEN) is pleased to announce the appointment of Barry Larson as its new Chief Executive Officer, effective February 20, 2017. Mr. Larson will be based at the Company's operating headquarters in Bogotá, Colombia. Jim Latimer will continue in the role of interim CEO until the effective date of Mr. Larson's appointment as [Read more]

InterOil Reminds Shareholders to Vote “FOR” the ExxonMobil Transaction Today

SINGAPORE and PORT MORESBY, Papua New Guinea, Jan. 30, 2017 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today urged shareholders to follow the recommendations of leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS"), and Glass Lewis & Co. ("Glass Lewis"), by voting FOR the proposed transaction with Exxon Mobil Corporation (NYSE: XOM) in connection with the upcoming Special Meeting scheduled for February 14, 2017. To be counted, all proxies [Read more]

Summit Midstream Partners, LP Announces Fourth Quarter 2016 Distribution, Schedules Fourth Quarter 2016 Earnings Call and Provides 2017 Financial Guidance

THE WOODLANDS, Texas, Jan. 26, 2017 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.575 per unit on all of its outstanding common units, or $2.30 per unit on an annualized basis, for the quarter ended December 31, 2016.  This quarterly distribution remains unchanged from the previous quarter and from the quarter ended December 31, 2015.  This [Read more]