BOE Report

Permian Basin Royalty Trust Announces January Cash Distribution

DALLAS, Jan. 19, 2016 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.014734 per unit, payable on February 12, 2016, to unit holders of record on January 29, 2016. This month's distribution decreased slightly from the previous month due to a decrease in the pricing of both oil and gas on the Texas Royalty Properties, whereas the Waddell Ranch Properties were in deficit this month and [Read more]

Sundyne Scores Success With Vertical API 685 Sealless Magnetic Drive Pumps

ARVADA, Colo., Jan. 19, 2016 /PRNewswire/ -- Sundyne, a global leader in the design and manufacture of highly-engineered high-head, low-flow pumps and compressors for use in the global oil and gas production, refining, petrochemical and chemical industries, recently secured a contract to supply 4 LMV-801S vertical inline sealless, magnetic-drive pumps to a new chemical processing plant being built in Freeport, Texas. This award is the first for the recently launched LMV-801S, which combines [Read more]

Rocsole Ltd. Plans Aggressive Growth Following Major Investment Funding from Repsol and Partners

KUOPIO, Finland, Jan. 19, 2016 /PRNewswire/ -- Rocsole Ltd., a leading provider of real-time tomography solutions for industrial process applications, such as oil and gas transportation, is exploring global growth opportunities after receiving substantial investment from key industry leaders. The next phase will include establishing sales and service centers in all major markets served, including North America, Asia and Europe. "This fresh capital gives us the resources we need to better serve [Read more]

Transforming the Saudi Economy with Tourism, Tax and Transparency

RIYADH, Saudi Arabia, January 19, 2016 /PRNewswire/ -- Decreasing Saudi Arabia's reliance on oil revenues could include the introduction of VAT and so-called sin taxes, increasing religious tourism and securing major investments to build vibrant education, transport, and healthcare sectors, with each of these strategies being considered in the biggest reform of the Saudi economy for decades. Other issues under consideration include the partial privatization of selected state assets - including [Read more]

TSX Venture Exchange Daily Bulletins

VANCOUVER, Jan. 15, 2016 /CNW/ - TSX VENTURE COMPANIES ABCOURT MINES INC. ("ABI")BULLETIN TYPE: Private Placement-Non-BrokeredBULLETIN DATE: January 15, 2016TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement: Number of Shares: 4,934,500 flow-through class B shares Purchase Price:  $0.06 per flow-through class B share Number of Placees:  15 Placees Insider / Pro Group [Read more]

TORC Oil & Gas Ltd. Confirms Monthly Dividend for January 2016

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Jan. 15, 2016 /CNW/ -TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on February 15, 2016 to common shareholders of record on January 31, 2016. The ex-dividend date is January 27, 2016, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing [Read more]

Twin Butte Energy announces amendments to bank credit facilities and provides operational update

CALGARY, Jan. 15, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte" or the "Company") today announced amendments to the Company's bank credit facilities and provided an operational update. Twin Butte has finalized the semi-annual review of its bank credit facility with its bank syndicate. The Company's total credit facilities have been amended to $225 million, consisting of a $115 million revolving syndicated facility, a $25 million operating facility, and an $85 million [Read more]

Northern Blizzard Resources Inc. Announces January 2016 Dividend

CALGARY, Jan. 15, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a dividend of $0.04 per common share for January 2016. The dividend will be payable on February 16, 2016 to shareholders of record on January 29, 2016. This dividend has been designated as an eligible dividend under the Income Tax Act (Canada). Northern Blizzard offers a Stock Dividend Program ("SDP") where shareholders may elect to receive their dividends in the form of common [Read more]

Report by Brattle Economists Reveals Increasing Competition Between Renewable Power and LNG-Fueled Gas-Fired Generation in Global Energy Markets

CAMBRIDGE, Mass., Jan. 15, 2016 /PRNewswire/ -- A new report by economists at global consulting firm The Brattle Group finds that competition between renewable power and gas-fired generation using liquefied natural gas (LNG) from North America is increasing in overseas markets as a result of declining renewable power costs. This increasing competition has significant ramifications for the many LNG export projects now in development across North America and for buyers of LNG that have signed [Read more]

Superior Energy Services Announces Regular Quarterly Cash Dividend

HOUSTON, Jan. 15, 2016 /PRNewswire/ -- Superior Energy Services, Inc. announced today that its Board of Directors has declared a regular cash dividend of $0.08 per share payable on its outstanding common stock. The dividend will be paid on February 23, 2016 to all shareholders of record as of the close of business on February 1, 2016. About Superior Energy Services                                                    Superior Energy Services, Inc. (NYSE:SPN) serves the drilling, completion and [Read more]