BOE Report

Par Pacific Holdings Completes $55 Million Investment

HOUSTON, March 3, 2016 /PRNewswire/ -- Par Pacific Holdings, Inc. (NYSE MKT: PARR) ("Par Pacific") announced today that it completed its $55 million investment in Laramie Energy, LLC ("Laramie") on March 1, 2016.  Simultaneously, Laramie completed its acquisition of certain properties in the Piceance Basin for $157.5 million.  With the completion of the acquisition and related financing, Par Pacific's ownership interest in Laramie increased from 32.4% to 42.3%. Pro forma for the completion of [Read more]

Patterson-UTI Reports Drilling Activity for February 2016

HOUSTON, March 3, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of February 2016, the Company had an average of 70 drilling rigs operating in the United States and four rigs in Canada.  For the two months ended February 29, 2016, the Company had an average of 74 drilling rigs operating in the United States and four rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the [Read more]

Whitecap Resources Inc. Announces Fourth Quarter and Year End 2015 Results and Provides Operational Update

CALGARY, March 2, 2016 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and audited financial results for the year ended December 31, 2015. Selected financial and operating information is outlined below and should be read with Whitecap's audited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") which will be available at www.sedar.com and on our [Read more]

Panhandle Oil and Gas Inc. Announces Company Presentation at Investor Conference

OKLAHOMA CITY, March 2, 2016 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced today its management will present at the following investor conference. On Wednesday, March 9, 2016, the Company will present at EnerCom's The Oil & Services Conference in San Francisco.  The conference will be held at the Le Méridien Hotel in San Francisco.  Management is scheduled to present at 11:30 a.m. (CST).  The presentation will be webcast live.  A link to the webcast will be accessible from [Read more]

Ikkuma Resources Provides Correction to 2015 Year-end Reserves News Release

TSX Venture Exchange: IKM CALGARY, March 2, 2016 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") announces a correction to its press release entitled "Ikkuma Resources Announces 2015 Year-end Reserves" disseminated today at 5:00 a.m. ET regarding the announcement of its 2015 year-end reserves.  The news release should have read that Ikkuma's recompletion program accounted for $16.7 million (instead of $21.4 million or 61%) of total exploration and development expenditures [Read more]

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Chesapeake Energy Corporation – CHK

NEW YORK, March 2, 2016 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chesapeake Energy Corporation ("Chesapeake Energy" or the "Company") (NYSE: CHK). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Chesapeake Energy and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On March 1, 2016, a [Read more]

Global Engine Oil Additives Market Analysis 2016-2022 – Trends, Technologies, Profiles & Opportunities – Key Vendors: Chevron, Croda, Evonik

DUBLIN, March 2, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/k3gkrq/global_engine_oil) has announced the addition of the "Global Engine Oil Additives Market Analysis 2016 - Forecast to 2022" report to their offering.       (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) This analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied [Read more]

Ultra Petroleum Enters Into Waiver And Amendment Agreements With Certain Of Its Lenders

HOUSTON, March 2, 2016 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) (the "Company") today announced that on March 1, 2016, its wholly-owned subsidiary, Ultra Resources, Inc. ("Ultra Resources") entered into waiver and amendment agreements with all of the Ultra Resources lenders, including each of the lenders participating in Ultra Resources' unsecured revolving credit facility and each of the investors holding unsecured senior notes issued by Ultra Resources. The waiver and amendment [Read more]

Research and Markets: Statoil Awarded Six Licensing Options for Oil & Gas Offshore Ireland

DUBLIN, March 2, 2016 /PRNewswire/ -- A recent report published on Research and Market forecasts the global offshore oil market and the global offshore gas market to grow at a CAGR of 2.7% and 1.9%, respectively, over the period 2015-2019. According to the report, depleting onshore oil reserves have resulted in a shift from onshore to offshore reserves such as deep-water and ultra-deep-water reserves to increase oil and gas production. This has been further evidenced by Statoil's announcement [Read more]

Ikkuma Resources Announces 2015 Year-end Reserves

TSX Venture Exchange: IKM CALGARY, March 2, 2016 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") is pleased to announce its 2015 year-end reserves. 2015 Highlights Ikkuma achieved relatively flat PDP reserves at 14.4 MMBoe, increased 1P reserves to 20.0 MMboe and increased 2P reserves 7% to 27.5 MMboe, even with reducing its 2015 capital spending by 25% in response to weakening commodity prices. Achieved 1P F&D of $8.95/boe and 2P F&D of $7.27/boe despite operational issues [Read more]