HOUSTON, Feb. 23, 2016 /PRNewswire/ - Nine Energy Service, Inc. (Nine) successfully completed their first 50-stage Divert-A-Frac open hole system for a large, global independent operator in the Williston Basin. All 50 stages were successfully placed and the stimulation job was completed as designed with a total of 3.5 MM lb proppant and 52,300 bbl fluid. The stimulation took just over 50 hours, averaging ~1 hour per stage, with zero non-productive time (NPT) related to the system operation. [Read more]
NextEra Energy Partners, LP announces pricing of offering of common units
JUNO BEACH, Fla., Feb. 23, 2016 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced the pricing of a registered underwritten offering of 9,700,000 common units representing limited partner interests in NextEra Energy Partners, LP at a public offering price of $26.00 per common unit. The underwriter has a 30-day option to purchase up to an additional 1,455,000 common units from NextEra Energy Partners. The offering is expected to close on Feb. 26, 2016, subject to customary [Read more]
Madalena announces year end reserves and resources
CALGARY, Alberta, /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTCQX: MDLNF) is pleased to announce the results of its independent reserve reports as at December 31, 2015. On February 9, 2016, the Company announced the proposed sale of its non-core Canadian properties. The reserves for the Canadian properties are included for reference but the majority of the discussion and analysis in this news release is focused on the Company's core business in [Read more]
C&J Energy Services Announces Fourth Quarter 2015 Results
HAMILTON, Bermuda, Feb. 22, 2016 /PRNewswire/ -- C&J Energy Services Ltd. (NYSE: CJES) today reported a net loss of ($321.7 million), or ($2.75) per diluted share, on revenue of $409.0 million for the fourth quarter of 2015, and an Adjusted Net Loss (1) of ($52.2 million), or ($0.45) per diluted share(1). Adjusted Net Loss(1) excludes the following, net of tax: a $252.5 million, or $2.16 per diluted share, impairment charge; a $17.8 million, or $0.15 per diluted share, inventory write-down; a [Read more]
Madalena announces year end reserves and resources
CALGARY, Feb. 22, 2016 /PRNewswire/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTCQX: MDLNF) is pleased to announce the results of its independent reserve reports as at December 31, 2015. On February 9, 2016, the Company announced the proposed sale of its non-core Canadian properties. The reserves for the Canadian properties are included for reference but the majority of the discussion and analysis in this news release is focused on the Company's core business in [Read more]
Azure Midstream Partners Announce Resignation of W. Keith Maxwell from Azure Midstream GP, LLC Board of Directors
DALLAS, Feb. 22, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (NYSE: AZUR) ("Azure"), a leading midstream natural gas gathering and processing company based in Dallas, Texas, today announced that W. Keith Maxwell III tendered his resignation from the board of Azure Midstream GP, LLC, the General Partner of Azure Midstream Partners, LP. Maxwell joined the Azure board in February 2015 concurrent with the transaction that combined Azure Midstream with Marlin Midstream during which, [Read more]
Alliant Energy Announces 2015 Results
MADISON, Wis., Feb. 22, 2016 /PRNewswire/ -- Alliant Energy Corporation (NYSE: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) from continuing operations for 2015 and 2014 as follows: Adjusted (non-GAAP) EPS GAAP EPS from from Continuing Operations Continuing Operations 2015 2014 2015 2014 Utilities, ATC and Corporate Services $3.43 $3.35 $3.32 $3.35 [Read more]
Superior Energy Services Announces Fourth Quarter And Full Year 2015 Results
HOUSTON, Feb. 22, 2016 /PRNewswire/ -- Superior Energy Services, Inc. (the "Company") today announced an adjusted net loss from continuing operations for the fourth quarter of 2015 of $61.3 million, or $0.41 per share, excluding special items, on revenue of $545.2 million. This compares to an adjusted net loss from continuing operations of $68.8 million, or $0.46 per share, excluding special items, for the third quarter of 2015, on revenue of $601.4 million, and net income from continuing [Read more]
NextEra Energy Partners, LP announces offering of common units
JUNO BEACH, Fla., Feb. 22, 2016 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an agreement with Morgan Stanley to sell 9,700,000 newly issued common units representing limited partner interests in NextEra Energy Partners, subject to customary conditions. The underwriter will have a 30-day option to purchase up to an additional 1,455,000 common units from NextEra Energy Partners. NextEra Energy Partners intends to use the net proceeds of the [Read more]
NextEra Energy Partners, LP announces acquisition of approximately 299 megawatts of contracted renewables projects
JUNO BEACH, Fla., Feb. 22, 2016 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an agreement with a subsidiary of its sponsor, NextEra Energy Resources, LLC, to acquire the Seiling I & II Wind Energy Centers, a combined 299.2-megawatt (MW) wind generation site in Dewey and Woodward counties, Okla. When completed, the acquisition of these assets will expand NextEra Energy Partners' portfolio of contracted renewable energy projects to approximately [Read more]
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