BOE Report

Chesapeake Energy Corporation Announces Final Results Of Cash Tender Offers For Non-Convertible Senior Notes

OKLAHOMA CITY, Sept. 27, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) announced today the expiration and final results of its offers to purchase for cash (the "Tender Offers") up to $800,000,000 aggregate purchase price (exclusive of accrued interest) (the "Aggregate Maximum Purchase Amount") of the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes").  As of 11:59 p.m., New York City time, on September 26, 2016 (such date and time, the [Read more]

API: Ahead of presidential debate, energy is priority for American voters

WASHINGTON, Sept. 26, 2016 /PRNewswire-USNewswire/ -- API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard's full remarks, as prepared for delivery, from Monday's press conference call are available on API's website. "When it comes to Securing America, U.S. status as the world's leading oil and natural gas producer is a game-changer. With steady U.S. supply adding stability to world markets, the influence of less stable [Read more]

Deloitte Survey: Oil and Gas Executives See 2017 As a Year of Recovery

HOUSTON, Sept. 21, 2016 /PRNewswire/ -- The two-year downturn in the oil and gas industry may be coming to a close. An annual survey released by Deloitte, "2016 Oil and Gas Industry Survey: Optimism Emerges in the Aftermath of a Long Downturn," shows more than half (59 percent) of oil and gas professionals believe the recovery already has begun or will begin in 2017. While the current state of the market still leaves cost-containment initiatives a priority for oil and gas companies, executives [Read more]

Hugoton Royalty Trust Declares September Cash Distribution

DALLAS, Sept. 20, 2016 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE:HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.012217 per unit, payable on October 17, 2016, to unitholders of record on September 30, 2016. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.  Underlying gas sales volumes [Read more]

Permian Basin Royalty Trust Announces September Cash Distribution

DALLAS, Sept. 20, 2016 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.045907 per unit, payable on October 17, 2016, to unit holders of record on September 30, 2016. This month's distribution decreased from the previous month due to a decrease in the net production of oil for the underlying properties, along with the decreased pricing of both oil and gas production, the Waddell Ranch [Read more]

Cheniere Partners Announces Upsize and Pricing of $1.5 Billion Senior Secured Notes due 2027 by Sabine Pass Liquefaction, LLC

HOUSTON, Sept. 19, 2016 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE MKT: CQP) announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC ("SPL"), has upsized and priced its previously announced offering of Senior Secured Notes due 2027 (the "SPL 2027 Notes"). The principal amount of the offering has been increased from the initially announced $1.0 billion to $1.5 billion. The SPL 2027 Notes will bear interest at a rate of 5.00% per annum and [Read more]

Bellatrix Announces $47 Million Non-Core Asset Sale

CALGARY, Sept. 19, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has entered into an agreement with InPlay Oil Corp. ("InPlay") to sell certain non-core Cardium focused assets in the greater Pembina area of Alberta (the "Pembina asset sale") for total consideration of $47 million.  Total consideration is comprised of $42 million cash, and 16,666,666 shares of InPlay with a deemed value of $5 million ($0.30 per [Read more]

National Energy Board grants more time for construction to begin on North Montney Pipeline Project

CALGARY, Sept. 15, 2016 /CNW/ - The National Energy Board (NEB) is extending the date in the sunset clause for the North Montney Pipeline Project to June 10, 2017. The sunset clause said that construction must begin before June 10, 2016 or approval for the project will expire. NOVA Gas Transmission Ltd. (NGTL) wrote to the NEB on March 28, 2016 asking that the sunset clause be extended for one year until June 10, 2017. The North Montney Project would tie into the proposed Prince Rupert Gas [Read more]

Apache Declares Cash Dividend On Common Shares

HOUSTON, Sept. 15, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Nov. 22, 2016, to stockholders of record on Oct. 21, 2016, at a rate of 25 cents per share. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts [Read more]

PetroQuest Energy Announces Results Of The Exchange Offers And Consent Solicitation As Of The Extended Early Tender Date

LAFAYETTE, La., Sept. 14, 2016 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today the early participation results of its previously announced private exchange offers (the "Exchange Offers") and consent solicitation (the "Consent Solicitation") to Eligible Holders (as defined below) of its outstanding 10% Senior Notes due 2017 (CUSIP No. 716748 AA6) (the "2017 Notes") and its outstanding 10% Second Lien Senior Secured Notes due 2021 (CUSIP 716748 AE8 / U7167U AB0) (the "2021 [Read more]