BOE Report

Gastar Exploration Inc. Declares Monthly Cash Dividend on 8.625% Series A Preferred Stock and 10.75% Series B Preferred Stock

HOUSTON, Feb. 5, 2016 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") for February 2016. The dividend on the Series A Preferred Stock is payable on February 29, 2016 to holders of record at the close of business on February 16, 2016.  The February 2016 dividend payment will be an [Read more]

North America TurboMachinery Market for Oil and Gas – Growth Trends and Forecasts (2015-2020)

LONDON, Feb. 4, 2016 /PRNewswire/ -- North America turbomachinery market for oil and gas industry is expected to reach $XX billion in 2020 from $3.4 billion in 2014. It is estimated that the market would grow at a CAGR of XX percent during this period.Turbomachinery often forms an important cog in the industry to attain efficiency and enhance productivity. They are extensively used in midstream and downstream 'oil & gas' industries than in upstream industries. Turbines and centrifugal [Read more]

Apache Declares Cash Dividend On Common Shares

HOUSTON, Feb. 4, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable May 23, 2016, to stockholders of record on April 22, 2016, at a rate of 25 cents per share. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, [Read more]

Argentina’s Ongoing Oil Boom Drawing Attention From Majors

LONDON, February 4, 2016 /PRNewswire/ -- As Argentina's prized Vaca Muerta shale play promises to match North American production levels - but at regulated $68 prices - and supermajors line up for billion-dollar deals, the only junior with a strategic position on this scene has become the main attraction. Madalena Energy (CVE: MVN; OTCQX: MDLNF) has been oversold in the downturn, presenting an opportunity for big returns as some analysts reiterate a C$0.75 share price target--a tripling of [Read more]

Ascent Resources – Utica, LLC And ARU Finance Corporation Announce Early Participation Results And Extension Of Deadline To Receive Early Participation Premium In Their Offer To Exchange Outstanding 3.50% Convertible Subordinated Notes Due 2021 For New 3.50% Convertible Subordinated Notes Due 2021 And New Junior Secured Loans Due 2019

OKLAHOMA CITY, Feb. 4, 2016 /PRNewswire/ -- Ascent Resources – Utica, LLC (formerly known as American Energy – Utica, LLC) ("ARU") and ARU Finance Corporation (formerly known as AEU Finance Corporation) ("Finco" and together with ARU, the "Issuers"), subsidiaries of Ascent Resources, LLC (formerly known as American Energy Appalachia Holdings, LLC), announced today the early participation results of their private offer to exchange (the "Exchange Offer"), upon the terms and subject to the [Read more]

Canadian Economy to Remain Sluggish Through 2016, but no Recession

OTTAWA, Feb. 4, 2016 /CNW/ - The Conference Board of Canada is downgrading its 2016 growth forecast for Canada as the economy continues to suffer from the further deterioration in oil prices. The Conference Board's Canadian Outlook: Winter 2016 estimates that the economy grew by 1.2 per cent in 2015 and is forecast to grow by just 1.7 per cent in 2016. "Although much of the recent weakness was contained to the energy sector, other areas of the economy, such as household spending, exports and [Read more]

Royal Dutch Shell plc: 4th Quarter and Full Year 2015 Unaudited Results

THE HAGUE, The Netherlands, February 4, 2016 /PRNewswire/ -- Royal Dutch Shell's (NYSE:RDS.A)(NYSE:RDS.B) fourth quarter 2015 earnings, on a current cost of supplies (CCS) basis (see Note [2]), were $1.8 billion compared with $4.2 billion for the same quarter a year ago. Full year 2015 CCS earnings were $3.8 billion compared with $19.0 billion in 2014. Fourth quarter 2015 CCS earnings excluding identified items (see page 5) were $1.8 billion compared with $3.3 billion for the fourth [Read more]

Royal Dutch Shell plc – Revised 2016 Interim Dividend Timetable

THE HAGUE, The Netherlands, February 4, 2016 /PRNewswire/ -- The Board of Royal Dutch Shell plc (NYSE:RDS.A)(NYSE:RDS.B) today announced a revised intended timetable for the 2016 quarterly interim dividends. The revision impacts the previously announced timetable only in relation to the first quarter 2016 interim dividend; the interim dividend timetable in relation to the fourth quarter 2015 and the second quarter and third quarter 2016 interim dividends is not affected. For ease of reference, [Read more]

Royal Dutch Shell plc Fourth Quarter 2015 Interim Dividend

THE HAGUE, The Netherlands, February 4, 2016 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") (NYSE:RDS.A)(NYSE:RDS.B) today announced an interim dividend in respect of the fourth quarter of 2015 of US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share"), equal to the US dollar dividend for the same quarter last year. The Board expects that the first quarter 2016 interim dividend will be US$0.47, equal to the US dollar dividend for the same quarter in the previous [Read more]

Noble Corporation plc Reports Fourth Quarter and Full Year 2015 Results

LONDON, Feb. 3, 2016 /PRNewswire/ -- Noble Corporation plc (NYSE:NE) today reported a fourth quarter 2015 net loss attributable to Noble Corporation of $152 million, or $0.63 per diluted share, on revenues of $858 million. Results for the quarter included an after-tax charge of $418 million, or $1.73 per diluted share, relating to the impairment of two rigs and certain corporate assets. The Company has decided to retire the drillship Noble Discoverer and the jackup Noble Charles [Read more]