FORT WORTH, Texas, Jan. 12, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of December 2015. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 37,900 producing a rig utilization rate of 36%, compared to 39% and 60% in November 2015 and December 2014, respectively. During the month, Basic's fluid service truck count declined by 16 to 985. Fluid service truck hours [Read more]
Madalena Announces Grant of Options
CALGARY, January 12, 2016 /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) announces the grant of 8,650,000 options ("Options") to certain officers, employees and directors of the Company and its subsidiaries as part of its compensation procedures. Of the Options granted, a total of 8,175,000 Options were granted to directors and executive officers of the Company or its subsidiaries. Each Option has an exercise price of $0.27 per common share of the [Read more]
ONEOK Partners to Participate in UBS MLP One-on-One Conference
TULSA, Okla., Jan. 11, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) will participate in the UBS MLP One-on-One Conference Jan. 12-13, 2016, in Park City, Utah. Terry K. Spencer, ONEOK Partners president and chief executive officer; Walter S. Hulse III, ONEOK Partners executive vice president, strategic planning and corporate affairs; and Derek S. Reiners, ONEOK and ONEOK Partners senior vice president, chief financial officer and treasurer, will conduct a series of one-on-one meetings [Read more]
Bechtel Close to LNG Completion on Curtis Island with Australia Pacific LNG First Cargo
GLADSTONE, Australia, Jan. 11, 2016 /PRNewswire/ -- Bechtel today announced that all three of its Liquefied Natural Gas projects on Curtis Island are now operational with Australia Pacific LNG exporting its first cargo. Four of the six LNG trains to be constructed by Bechtel on Curtis Island in Queensland, Australia are now producing LNG with the remaining two trains expected to come online in 2016. "We relied on our people, their knowledge and experience to collaborate with our customers and [Read more]
Marathon Oil Eagle Ford Program, South Texas Digital Oil Field Phase II Awarded
HOUSTON, Jan. 11, 2016 /PRNewswire/ -- Energy Industry Consultants and Engineers (EICE) Intl., a wholly owned subsidiary of Technical Toolboxes Inc. (TTI), was awarded Phase II implementation of the Marathon Oil Eagle Ford Digital Oil Field Program in South Texas. TTI/EICE, an industry leading digital oil field consulting company, is subcontracted to EMC on this project. Recent analysis by IHS found that in the past decade, the application of digital technologies boosted output 8 percent and [Read more]
Vermilion Energy Inc. Announces $0.215 Cdn Cash Dividend for February 16, 2016 Payment Date
CALGARY, Jan. 11, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on February 16, 2016 to all shareholders of record on January 22, 2016. The ex-dividend date for this payment is January 20, 2016. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, [Read more]
Canadian Oil Sands Acknowledges Shareholders' Overwhelming Rejection of Suncor's Bid
Urges Suncor to Be Clear with the Market on the Extent of Rejection CALGARY, Jan. 11, 2016 /PRNewswire/ - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) ("COS" or "Canadian Oil Sands") acknowledges the overwhelming rejection of Suncor Energy Inc.'s ("Suncor") substantially undervalued and opportunistic hostile bid. Canadian Oil Sands believes Suncor has an obligation to disclose material facts on its bid to COS shareholders, including the actual tender results and calls on Suncor [Read more]
Summit Midstream Partners, LP to Attend UBS MLP One-on-One Conference
THE WOODLANDS, Texas, Jan. 8, 2016 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that members of its senior management team will participate at the UBS MLP One-on-One Conference in Park City, Utah on January 12, 2016 and January 13, 2016. The related presentation materials associated with this event will be accessible through the Investors section of SMLP's website at www.summitmidstream.com prior to the beginning of the conference on January 12, 2016. About [Read more]
Columbia Pipeline Group Advances Two Additional Appalachian Expansion Projects
HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Columbia Pipeline Group, Inc. ("CPG") (NYSE: CPGX) and Columbia Pipeline Partners LP (NYSE: CPPL) (together, "Columbia") announced today that the Federal Energy Regulatory Commission ("FERC") has issued a certificate authorizing Columbia Gas Transmission, LLC ("Columbia Gas") to construct and operate the Utica Access Project in West Virginia. "We are pleased that the FERC has approved our application to construct the Utica Access Project," said Columbia [Read more]
Baker Hughes Announces December 2015 Rig Counts
HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014. The average U.S. rig count for December 2015 was 714, down 46 from the 760 [Read more]
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