BOE Report

Continental Resources To Announce Second Quarter 2016 Results On Wednesday, August 3, 2016

OKLAHOMA CITY, June 30, 2016 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") plans to announce second quarter 2016 results on Wednesday, August 3, 2016 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss second quarter 2016 results on Thursday, August 4, 2016 at 12:00 p.m. ET (11:00 a.m. CT). Those wishing to listen to the conference call may do so via the Company's website at www.CLR.com [Read more]

Newfield Provides Second Quarter 2016 Conference Call Information

THE WOODLANDS, Texas, June 30, 2016 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) will host its second quarter 2016 earnings conference call at 10:00 a.m. (CT), Wednesday, August 3, 2016. The Company plans to release its second quarter earnings after market close on August 2, 2016. To participate in the conference call, please dial (785) 830-7977 and provide conference code 4680250 about 10 minutes prior to the scheduled start time. In addition, a listen-only broadcast of the call [Read more]

Vermilion Energy Inc. Announces Acquisition of Producing Properties in Germany

CALGARY, June 28, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) has entered into a definitive purchase and sale agreement whereby Vermilion, through its wholly owned subsidiary, will acquire interests in several production and exploration assets in Germany (the "Acquisition") from Engie E&P Deutschland GmbH, for total consideration of €33 million ($47.9 million). The Acquisition has an effective date of January 1, 2016 and is [Read more]

EOG Resources Schedules Webcast of Second Quarter 2016 Results Conference Call for August 5, 2016

HOUSTON, June 28, 2016 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) will host a conference call to discuss second quarter 2016 results on Friday, August 5, 2016, at 9 a.m. Central time (10 a.m. Eastern time).  Please visit the Investors Overview section of EOG's website, http://investors.eogresources.com/overview, to access a live webcast of the conference call.  If you are unable to listen to the live webcast, a replay will be available following the call until Friday, August 19, 2016, [Read more]

Connacher Oil and Gas Limited extends SISP bid deadlines

CALGARY, June 24, 2016 /CNW/ - Connacher Oil and Gas Limited (CLC – TSX; "Connacher" or the "Company") announces that, in response to interested party requests, the bid deadlines have been extended under the sale and investment solicitation process ("SISP") being conducted in conjunction with Connacher's proceedings under the Companies' Creditors Arrangement Act ("CCAA"). The new timeline under the SISP will be as follows: Milestone Deadline Phase I Bid [Read more]

The case for restoring WTI as the global oil pricing benchmark

HOUSTON, June 24, 2016 /PRNewswire/ -- Arguably the world's most valuable commodity, crude oil is essential to modern life, the building block for everything from gasoline to guitar strings. Like other commodities, crude is governed by the theory of supply and demand. Producers produce, buyers buy, and, ideally, the price is good for both. In the 1980s, in order to simplify buying and selling crude in the international marketplace – and guarantee pricing transparency, the industry established [Read more]

43% of private equity investors plan to deploy capital into oil and gas by first half of 2017

LONDON, June 21, 2016 /PRNewswire/ -- Private equity (PE) firms are readying to deploy capital into the global oil and gas sector with 25% planning acquisitions before the end of the year and 43% by the first half of 2017, according an EY global survey of 100 PE firms active in the sector. With US$971.4b of PE dry powder from June 2016 still to be deployed, EY's survey, Capitalizing on opportunities: Private equity investment in oil and gas, reveals that PE firms are now preparing to increase [Read more]

Permian Basin Royalty Trust Announces June Cash Distribution

DALLAS, June 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 $0.034538 per unit, payable on July 15, 2016, to unit holders of record on June 30, 2016. This month's distribution increased from the previous month due to an increase in the pricing of oil and gas but offset by a decrease in production due to a shorter month of April for the Waddell Ranch.  Also, with the increased [Read more]

Whitecap Resources Inc. Confirms Monthly Dividend for June of $0.0233 Per Share

CALGARY, June 15, 2016 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.0233 per common share in respect of June operations will be paid on July 15, 2016 to shareholders of record on June 30, 2016.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About WhitecapWhitecap Resources Inc. is an oil-weighted growth company that pays a sustainable monthly cash dividend to its shareholders.  We are focused on [Read more]

Deloitte: Global Upstream Industry Facing $2 Trillion Funding Gap Over 5 Years

HOUSTON, June 15, 2016 /PRNewswire/ -- The embattled crude oil and natural gas industry worldwide has slashed capital spending to a point below the minimum required levels to replace reserves — replacement of proved reserves in the past constituted about 80 percent of the industry's spending; however, the industry has slashed its capital spending by a total of about 50 percent in 2015 and 2016. According to Deloitte's new study, "Short of Capital? Risk of underinvestment in Oil and Gas is [Read more]