BOE Report

Lower for longer oil price outlook drives global change in tax structures

LONDON, Aug. 25, 2016 /PRNewswire/ -- A lower for longer oil price consensus is pushing more governments to rethink current tax structures and follow the example of those who have already made adjustments, EY says while launching its 2016 Global oil and gas tax guide. The report, which summarizes the oil and gas corporate tax regimes in 86 countries — up from 84 in 2015 with the addition of Cuba and Iran — highlights national tax structure changes over the last year. Countries that introduced [Read more]

Permian Basin Royalty Trust Announces August Cash Distribution

DALLAS, Aug. 19, 2016 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.047933 per unit, payable on September 15, 2016, to unit holders of record on August 31, 2016. This month's distribution increased from the previous month due to an increase in the net production of both oil and gas for the underlying properties.  With the increased pricing of production, the Waddell Ranch Properties [Read more]

Chesapeake Energy Corporation Announces Cash Tender Offers for up to $500 million Aggregate Purchase Price of Non-Convertible Senior Notes

OKLAHOMA CITY, Aug. 15, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) announced today that it has commenced cash tender offers (collectively, the "Tender Offers," and each offer to purchase a series of notes individually, a "Tender Offer") to purchase up to $500,000,000 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"). No more than [Read more]

Chesapeake Energy Corporation Announces Cash Tender Offers for up to $500 million Aggregate Purchase Price of Contingent Convertible Senior Notes

OKLAHOMA CITY, Aug. 15, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) announced today that it has commenced cash tender offers (collectively, the "Tender Offers," and each offer to purchase a series of notes individually, a "Tender Offer") to purchase up to $500,000,000 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"). No more than [Read more]

Anadarko to Participate in Upcoming Energy Conference

HOUSTON, Aug. 10, 2016 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced that Brad Holly, Anadarko Senior Vice President of Rockies Operations, will present at EnerCom's The Oil & Gas Conference® on Tuesday, Aug. 16, 2016, at 2:45 p.m. MDT in Denver. A link to the audio webcast presentation will be available in the Investor section at www.anadarko.com. The replay and slide presentation also will be available on the company's website for approximately 30 days following [Read more]

Bellatrix announces closing of the sale of a 35% interest in the Bellatrix Alder Flats Plant

TSX, NYSE: BXE - CALGARY, Aug. 9, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has today closed the previously announced sale of a 35% interest in the Bellatrix O'Chiese Nees-Ohpawganu'ck deep-cut gas plant at Alder Flats (the "Alder Flats Plant") to Keyera Partnership ("Keyera"), for total cash consideration of $112.5 million (the "Alder Flats Plant Sale"). As announced earlier today, Bellatrix, through a [Read more]

Azure Midstream Partners, LP Reports Sale of Processing Plant and Second Quarter 2016 Financial Results

DALLAS, Aug. 8, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (OTCQB: AZUR) ("Azure" or the "Partnership"), announced the sale of a processing plant and gathering line in East Texas and reported financial and operating results for the three and six months ended June 30, 2016. Sale of Processing Plant to Align Midstream Partners Effective August 4, 2016, the Partnership executed an agreement for the sale of the 100 MMcf/d Panola I processing plant and Murvaul pipeline to Align Midstream [Read more]

Cheniere Energy Partners LP Holdings, LLC Declares Quarterly Dividend

HOUSTON, Aug. 5, 2016 /PRNewswire/ -- Cheniere Energy Partners LP Holdings, LLC (NYSE MKT: CQH) ("Cheniere Partners Holdings" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.020 per common share representing limited liability company interest in the Company. The dividend will be payable on August 26, 2016 to shareholders of record as of close of business August 16, 2016. About Cheniere Partners HoldingsCheniere Partners Holdings owns a [Read more]

Spectra Energy Completes Sale of Empress NGL Business to Plains Midstream Canada

HOUSTON, Aug. 4, 2016 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) today announced that its indirect subsidiary, Westcoast Energy Inc., has completed the previously announced sale of its ownership interests in Spectra Energy's Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC, for a cash purchase price of approximately C$267 million (USD $204 million), including approximately C$67 million (USD $51 million) for inventory and working capital. Spectra Energy Corp (NYSE: [Read more]

Apache Corporation Releases Second-Quarter 2016 Financial And Operational Results

HOUSTON, Aug. 4, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced second-quarter 2016 financial and operational results on its website at www.apachecorp.com and investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call to discuss the results at 1 p.m. Central time. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for playback by [Read more]