BEIJING, Feb. 16, 2016 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today reported its financial results for the second quarter of fiscal year 2016, which ended December 31, 2015. Q2 FY2016 Financial Highlights: Total revenues for the second quarter of FY2016 were RMB 28.84 million ($4.44 million), an increase of 35.2% from the same period of last fiscal year. Gross profit [Read more]
Penn West Enters Into Agreements To Settle All Class Action Proceedings In Canada And The United States
CALGARY, Feb. 16, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announced today that it has entered into agreements to settle all class action proceedings in Canada and the United States against Penn West and others commenced by investors alleging damages in relation to Penn West's July 29, 2014 announcement that it intended to restate certain historical financial statements and related management discussion and analysis. The [Read more]
Patterson-UTI Energy to Present at the 21st Annual Credit Suisse Energy Summit
HOUSTON, Feb. 16, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on February 24, 2016 at the 21st Annual Credit Suisse Energy Summit. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 11:00 a.m. Mountain Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time. About [Read more]
Advantage Announces 2015 Year-End Reserves
Glacier Montney Development Drives Strong Efficiencies with$0.77 per Mcfe Finding & Development Cost,390% Reserve Replacement and 3.3x Recycle Ratio (TSX: AAV, NYSE: AAV) CALGARY, Feb. 16, 2016 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report that the Corporation's continued focus on improving well performance, capital efficiencies and lowering cash costs have resulted in highly efficient 2015 reserve additions from its Glacier Montney development [Read more]
New photos chronicle progress at Vogtle expansion
ATLANTA, Feb. 15, 2016 /PRNewswire/ -- Georgia Power today released the latest photos chronicling progress at the historic nuclear expansion near Waynesboro, Georgia in the Vogtle 3 & 4 Photo Gallery. The new photos, available in the online photo gallery, illustrate the daily efforts of thousands of construction workers safely completing the country's first new nuclear units in more than 30 years. Now more than 60 percent complete based on contractual milestones, progress continues across the [Read more]
Research and Markets: Shell Completes BG Group Acquisition as They Turn Focus to Growing LNG Market
DUBLIN, February 15, 2016 /PRNewswire/ -- A recent report published on Research and Markets has predicted the global offshore oil market and the global offshore gas market to grow at a CAGR of 2.7% and 1.9%, respectively, between 2015 and 2019. It notes that market players are investing huge amounts of funding to improve offshore oil and gas exploration technology. Royal Dutch Shell finalized their $53 million acquisition of British rival BG Group on Monday, as they look to focus on the rapidly [Read more]
Webcast Alert: Southwestern Energy Company Invites You to Join Its Fourth Quarter 2015 Earnings Conference Call on the Web
HOUSTON, Feb. 15, 2016 /PRNewswire/ -- In conjunction with Southwestern Energy Company's 2015 Fourth Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, February 26, 2016, at 10:00 a.m. EST with Bill Way, President and Chief Executive Officer of Southwestern Energy Company. Southwestern Energy Company announces the following Webcast: What: Southwestern Energy Company's Fourth Quarter 2015 Earnings When: [Read more]
Callon Petroleum Company Announces Upcoming Investor Event
NATCHEZ, Miss., Feb. 15, 2016 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that senior management plans to participate in the upcoming investor event: Credit Suisse 21st Annual Energy Summit The Company will present at the 21st Annual Energy Summit hosted by Credit Suisse in Vail, CO on Tuesday, February 23, 2016 at 10:55 AM Mountain Time. The live and archived webcast for this event will be accessible on Callon's website at www.callon.com [Read more]
Royal Dutch Shell plc: Scheme of Arrangement Becomes Effective
THE HAGUE, February 15, 2016 /PRNewswire/ -- Royal Dutch Shell plc ("Shell") (NYSE:RDS.A)(NYSE:RDS.B) is pleased to announce that the Scheme has become effective and that the entire issued ordinary share capital of BG Group plc ("BG") is now owned by Shell. This follows the Court's sanction of the Scheme at a hearing held on February 11, 2016 and the delivery of the Court Order to the Registrar of Companies today, February 15, 2016. In accordance with the terms of the Scheme, Scheme [Read more]
Buck Creek Mine Complex Transforms To A Staged High Margin Low Capex Development
NEW YORK, Feb. 14, 2016 /PRNewswire/ -- Paringa Resources Limited ("Paringa" or "Company") is pleased to announce the results of a scoping study ("Scoping Study") on the Buck Creek No.2 Mine ("No.2 Mine" or "Project"), which is located within the Buck Creek mining complex ("Buck Creek Mine Complex") and south of the Buck Creek No.1 Mine's ("No.1 Mine") proposed 3.8 million tons per annum ("Mtpa") coal project. Buck Creek Mine Complex: Key Metrics No.2 Mine (Scoping Study) No.1 Mine [Read more]
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