BOE Report

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]

Gastar Exploration Announces Fourth Quarter and Full-Year 2015 Earnings Release and Conference Call Schedule

HOUSTON, Feb. 26, 2016 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it will release its fourth quarter and full-year 2015 results on Thursday, March 10, 2016 after the market closes.  In conjunction with the release, Gastar has scheduled a conference call for 9:30 a.m. Eastern Time (8:30 a.m. Central Time) on Friday, March 11, 2016.  Investors may participate in the call either by phone or audio webcast. By Phone: Dial 1-412-902-0030 at least 10 [Read more]

Colombia Oil Gas Industry Analysis and Forecast Report 2016-2025

DUBLIN, Feb. 26, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/czjkwd/colombia_oil_gas) has announced the addition of the "Colombia Oil Gas Industry Analysis and Forecast Report (Q1 2016) - Supply, Demand, Investments, Competition and Projects (EP, Refinery, LNG, Storage and Pipelines) to 2025" report to their offering. The premier report provides analysis of key opportunities and associated challenges facing Colombia oil and gas industry. Amidst [Read more]

Bechtel Announces First LNG Commissioning Cargo from Sabine Pass Train 1

HOUSTON, Feb. 25, 2016 /PRNewswire/ -- Bechtel announced that the first commissioning cargo with liquefied natural gas (LNG) from Train 1 at the Sabine Pass Liquefaction project departed yesterday aboard the LNG carrier Asia Vision and is heading to Brazil. Bechtel is the lump-sum turnkey contractor for the five liquefaction trains currently under construction at the Sabine Pass facility located in Cameron Parish, Louisiana, which is owned and operated by Cheniere Energy Partners L.P. The LNG [Read more]

Global Liquefied Natural Gas (LNG) Developments 2015

LONDON, Feb. 25, 2016 /PRNewswire/ -- Global Liquefied Natural Gas (LNG) Developments 2015 :New Supply Options from the United States and Australia Positioned to Transform Global LNG LandscapeThis study highlights the market trends that have triggered global LNG industry growth Global natural gas demand is likely to increase at a growth rate of 2%, driven by Asia-Pacific with countries such as Japan, China, and India absorbing high volumes of LNG With the glut of natural gas supply in Australia [Read more]