DALLAS, Aug. 29, 2016 /PRNewswire/ -- Energy Hunter Resources, Inc., an oil-focused energy company headquartered in Dallas, Texas (www.energyhunter.energy), today announced that it has appointed two new independent board of director members: Mr. Joe McClaugherty and Dr. Rajiv I. Modi, effective immediately. Gary C. Evans, Chairman and Chief Executive Officer of Energy Hunter Resources, said, "Since launching Energy Hunter Resources a few months ago, we have completed our first private [Read more]
Chesapeake Energy Corporation Announces Increase In Size Of Cash Tender Offers For Contingent Convertible Senior Notes
OKLAHOMA CITY, Aug. 26, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) announced today that, with respect to its offers to purchase for cash (the "Tender Offers") the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"), it has increased the aggregate purchase price offered for the Notes in the Tender Offers, exclusive of accrued interest, from up to $500,000,000 aggregate purchase price to up to $750,000,000 (the "New Aggregate Maximum Purchase [Read more]
Chesapeake Energy Corporation Announces Early Results Of Cash Tender Offers For Non-Convertible Senior Notes
OKLAHOMA CITY, Aug. 26, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) reported today the results to date of its pending cash tender offers (the "Tender Offers") for the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). Chesapeake also announced today that it has increased the tender cap for Notes maturing during and after 2019 from $250,000,000 aggregate purchase price (exclusive of accrued interest) to $325,000,000 (the "New Long-Dated [Read more]
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]
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