SOLANA BEACH, Calif., Feb. 29, 2016 /PRNewswire/ -- OpTerra Energy Services, an Oakland-based energy services company that has achieved $2 billion in energy savings for its partners to date, has opened a new office in San Diego to support the region's growing sustainability needs in both the private and public sector. OpTerra was recently acquired by a member of the ENGIE Group in North America. ENGIE, a global energy player headquartered in Paris, France, is an expert operator in electricity, [Read more]
Pioneer Natural Resources Will Share Regional Prospects at 2016 DUG Permian Basin Conference
HOUSTON, Feb. 29, 2016 /PRNewswire/ -- Recent activity shows the Permian Basin remains the nation's top oil province. Stacked deep with layers of resource-rich rock, there are millions of acres of potential drilling sites in the region. Themed "Room to Work," Hart Energy's DUG Permian Basin conference gives attendees an in-depth look at what's working for oil and gas producers in the region. The event takes place May 23-25 at the Fort Worth Convention Center in Fort Worth, Texas. With a [Read more]
CONE Midstream Announces Investor Conference Participation
CANONSBURG, Pa., Feb. 29, 2016 /PRNewswire/ -- CONE Midstream Partners LP (NYSE: CNNX) today announced that members of its executive management team will being participating in four upcoming investor conferences: March 1 – Morgan Stanley's MLP/Diversified Natural Gas, Utilities & Clean Tech Conference March 2 – Barclays' MLP Corporate Access Day March 3 – Capital Link 3rd Annual Master Limited Partnership Investing Forum March 31 – J.P. Morgan's Energy Infrastructure/MLP Forum A [Read more]
ESG Solutions Unveils Latest Microseismic Analysis Service for Enhanced Reservoir Characterization and Production Forecasting
HOUSTON, Feb. 29, 2016 /PRNewswire/ -- ESG Solutions, an industry leader in microseismic technology and services, is pleased to announce the recent launch of its Enhanced Reservoir Characterization (ERC) service for hydraulic fracturing. Building on its patented methods for characterizing fluid flow and reservoir drainage patterns using microseismicity, the new service helps clients to better understand reservoir processes for improved hydraulic fracture efficiencies, and demonstrates the [Read more]
B.C.'s future liquefied natural gas industry could fuel economic and job growth in the province and Canada for decades
OTTAWA, Feb. 29, 2016 /CNW/ - A new Conference Board of Canada report estimates that developing British Columbia's Liquefied Natural Gas (LNG) industry would grow Canada's economy by an average of $7.4 billion per year over the next 30 years. The increased economic activity would raise national employment by an annual average of 65,000 jobs. The majority of the impacts would occur in British Columbia with real GDP lifted by $5.3 billion and employment up by an annual average of more than [Read more]
Par Pacific Holdings Reports Fourth Quarter And Full-Year 2015 Results
HOUSTON, Feb. 29, 2016 /PRNewswire/ -- Par Pacific Holdings, Inc. (NYSE MKT: PARR) ("Par Pacific" or the "Company") today reported its financial results for the fourth quarter 2015 and the year ended December 31, 2015. Fourth Quarter 2015 Financial Highlights: Net Loss of $66.8 million, or $(1.72) per diluted share Adjusted Net Loss of $38.3 million, or $(0.99) per diluted share Adjusted EBITDA of $22.8 million Completed the refinancing and repayment of senior secured credit agreements [Read more]
CONSOL Energy Enters into Agreement to Sell its Buchanan Mine For Total Consideration of $420 Million
PITTSBURGH, Feb. 29, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) announced today that it has entered into an agreement for the sale of its Buchanan Mine in southwestern Virginia and certain other metallurgical coal reserves to Coronado IV LLC for total consideration to CONSOL of $420 million, including $398 million cash payable at the closing. The transaction is not subject to a financing condition and is being funded by Energy and Minerals Group (EMG), which is the management company [Read more]
Patterson-UTI Energy to Present at the Raymond James 37th Annual Institutional Investors Conference
HOUSTON, Feb. 29, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on March 8, 2016 at the Raymond James 37th Annual Institutional Investors Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 7:30 a.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time. About [Read more]
Vermilion Energy Inc. Announces 2015 Year-End Summary Reserves and Resource Information
CALGARY, Feb. 29, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce summary 2015 year-end reserves and resource information. The estimates of reserves and resources and other oil and gas information contained in this news release has been estimated by GLJ Petroleum Consultants Ltd. ("GLJ") and prepared in accordance with National Instrument 51-101 "Standards of Disclosure for Oil and Gas Activities" of the [Read more]
Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2015
CALGARY, Feb. 29, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and audited financial results for the year ended December 31, 2015. HIGHLIGHTS Vermilion's annual production volumes increased by 11% in 2015 to 54,922 boe/d. This strong production performance was achieved despite a nearly 4,000 boe/d shortfall in anticipated Corrib volumes associated with regulatory delays and a 30% [Read more]
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