BOE Report

BNK Petroleum Inc. – Announces 2015 Year-End Reserves

CAMARILLO, CA, March 10, 2016 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX), is providing the results of its December 31, 2015 independent reserves evaluation. The evaluation of the Company's reserves in the Caney formation of the Tishomingo Field in Oklahoma was conducted by Netherland, Sewell & Associates, Inc. ("NSAI") in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities.  2015 Gross Reserves Summary Total Proved [Read more]

BNK Petroleum Inc. Announces 4th Quarter and Annual 2015 Results

CAMARILLO, CA, March 10, 2016 /PRNewswire/ - All amounts are in U.S. Dollars unless otherwise indicated: 2015 HIGHLIGHTS Average production was 1,415  barrels of oil equivalent per day (BOEPD) for 2015, an increase of 34% compared to 2014 production of 1,053 BOEPD due to the completion of the Nickel Hill 36-3H well and the remaining portion of the Emery 17-1H well in 2015 General & administrative expenses decreased by 30% and operating expenses on a per barrel basis decreased by 26% in 2015 [Read more]

Penn West Confirms Filing of its 2015 Year End Disclosure Documents

CALGARY, March 10, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2015 and related Management's Discussion and Analysis.  Penn West has also filed its Annual Information Form for the year ended December 31, 2015, which includes the disclosure and reports relating to reserves data and [Read more]

Hercules Offshore, Inc. Announces Rate Reductions for Hercules 261, Hercules 262 and Hercules 266 Contracts

HOUSTON, March 10, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (NASDAQ: HERO) announced that it received from Saudi Aramco on March 9, 2016, a notice reducing the dayrates under its five year contracts for the Hercules 261 and Hercules 262 from $67,000 per day to $63,650 per day. The reduced dayrates will apply from January 1, 2016, through December 31, 2016. Saudi Aramco also advised the Company that the dayrate for the Hercules 266 has been reduced from $67,000 per day to $63,650 per day [Read more]

Lawsuits Filed Against Chesapeake Exploration LLC and Subsidiaries of the Chinese National Offshore Oil Company in South Texas County District Courts

SAN ANTONIO, March 10, 2016 /PRNewswire/ -- The law firms of Christian, Smith and Jewell LLP of Houston, Circelli, Walter & Young, PLLC of Fort Worth and Langley & Banack, Incorporated of San Antonio have joined forces and filed Petitions in the District Courts of McMullen County, Dimmit County and La Salle County, Texas against Chesapeake Exploration LLC ("Chesapeake") and others for breach of contract.  Chesapeake Energy Corporation is the parent company of Chesapeake. Other Defendants include [Read more]

Constitution Pipeline Updates Projected In-Service Date

HOUSTON, March 10, 2016 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot") announced today that Constitution Pipeline Company, LLC ("Constitution") has updated its in-service date projection from the fourth quarter of 2016 to the second half of 2017. This adjustment is to ensure compliance with the environmental conditions of the Federal Energy Regulatory Commission ("FERC") Order, as well as the U.S. Fish and Wildlife Service ("USFWS") Biological Opinion. Specifically, the [Read more]

Pennsylvania Families’ Victory in Fracking Water Contamination Suit Sets Strong Precedent, Says Josh Fox

SCRANTON, Pa., March 10, 2016 /PRNewswire-USNewswire/ -- In a landmark legal victory for residents harmed by fracking, today jurors in a federal civil suit ordered Cabot Oil and Gas, one of Pennsylvania's largest gracking companies, to pay a total of $4.24 million to two families in Dimock, Pennsylvania for contaminating their well water.  One of the two plaintiffs, Scott Ely and family, whose well was contaminated since 2008, is the subject of "GASLAND 2," a 2013 documentary film by Josh Fox.  [Read more]

Penn West Announces its Financial and Operational Results for the Year Ended December 31, 2015 and 2015 Reserves Results

o CALGARY, March 10, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the year ended December 31, 2015. All figures are in Canadian dollars unless otherwise stated. Three months ended December 31 Year ended December 31 2015 2014 % change 2015 2014 % change Financial (millions, except per [Read more]

Pembina Pipeline Corporation Declares March 2016 Common Share Dividend

CALGARY, March 9, 2016 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for March 2016 of $0.1525 per share to be paid, subject to applicable law, on April 15, 2016 to shareholders of record on March 24, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]

ONEOK Partners Announces Completion of First Phase of Roadrunner Gas Transmission Pipeline

TULSA, Okla., March 9, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced the completion of the first phase of the Roadrunner Gas Transmission pipeline project (Roadrunner) in West Texas. "The addition of Roadrunner to our extensive natural gas pipeline infrastructure in West Texas positions ONEOK Partners to serve Mexico's rapidly expanding natural gas markets by connecting them with U.S. producers in the Permian Basin," said Terry K. Spencer, president and chief executive [Read more]