CALGARY, Jan. 5, 2016 /PRNewswire/ - (TSX: COS) - Canadian Oil Sands Limited shareholder Seymour Schulich has written a letter to shareholders, that is also featured in full page advertisements in the Globe and Mail and Financial Post, urging them to reject Suncor Energy Inc.'s ("Suncor") hostile bid. In the letter, Schulich makes it clear Suncor is "offering an unacceptable price for an irreplaceable asset" and why shareholders should join with him in rejecting Suncor's hostile bid. [Read more]
Milestone Environmental Services Announces Acquisition of Smiley Facility
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Milestone Environmental Services, LLC ("Milestone" or the "Company") announced today that it has acquired an oilfield waste facility currently under construction near Smiley, in Gonzalez County, Texas through a newly-formed subsidiary. The facility will add to Milestone's extensive footprint in the Eagle Ford region of South Texas. Milestone is an industry-leading innovator and one of the first companies in the U.S. to commercially use slurry injection, a [Read more]
Patterson-UTI Reports Drilling Activity for December 2015
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2015, the Company had an average of 82 drilling rigs operating in the United States and one rig in Canada. For the three months ended December 31, 2015, the Company had an average of 88 drilling rigs operating in the United States and three rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the [Read more]
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, Jan. 5, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold its conference call to discuss results for the fourth quarter ended December 31, 2015 on Thursday, February 4, 2016 at 9:00 a.m. Central Time. Participants can access the call by dialing (866) 372-0638 or (678) 509-7533 with the Conference ID 76307856. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at www.patenergy.com. A replay of [Read more]
CONSOL Energy to Participate at the Goldman Sachs Global Energy Conference 2016
PITTSBURGH, Jan. 4, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) announced today that it will participate in the Goldman Sachs Global Energy Conference 2016 in Miami, Florida on Wednesday and Thursday, January 6-7, 2016. CONSOL Energy's President and Chief Executive Officer, Nicholas J. DeIuliis, and Chief Operating Officer of the E&P Division, Timothy C. Dugan, will meet with investors at the conference. Also, on Thursday, January 7, 2016 at 11:00am ET, Mr. DeIuliis will participate in [Read more]
PetroQuest Energy Receives Continued Listing Standard Notice From NYSE
LAFAYETTE, La., Jan. 4, 2016 /PRNewswire/ -- PetroQuest Energy, Inc. (the "Company") (NYSE: PQ) announced that it received notice from NYSE Regulation, Inc. that it is not in compliance with the continued listing standards set forth in Section 802.01B of the Listed Company Manual of the New York Stock Exchange, Inc. (the "NYSE") because the Company's average global market capitalization fell below $50 million over a trailing consecutive 30 trading-day period and its last reported stockholders' [Read more]
Andrews Kurth Adds Energy Partner Charlie Ofner in Houston
HOUSTON, Jan. 4, 2016 /PRNewswire/ -- Andrews Kurth LLP is pleased to announce that energy attorney Charlie Ofner has joined the firm's Houston office as a partner. Mr. Ofner previously served as senior counsel at Houston-based Oasis Petroleum Inc., a publicly-traded E&P company, where he was integral in the legal functions of multiple company divisions, including operations, land, midstream, marketing, finance and accounting. He was also instrumental in the company's acquisitions and [Read more]
Azure Midstream Partners Announces Two New Fee-Based Deals Totaling 32,000 MCFD
DALLAS, Jan. 4, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (NYSE: AZUR), a leading midstream natural gas gathering and processing company based in Dallas, Texas, today announced it has completed two new deals with producers totaling 32,000 MCFD. The first is a four-year, fee-based deal with a well-established independent producer in East Texas who is working to grow their acreage position to build on the 15,200 acres they already operate in Panola County, TX. This producer [Read more]
Milder Winter, Low Natural Gas Price Mean Winter Heating Savings for Consumers Energy Customers
JACKSON, Mich., Jan. 4, 2016 /PRNewswire/ -- A relatively mild winter and the lowest natural gas price in nearly 15 years are working together to reduce this winter's heating bills for homes and businesses that Consumers Energy serves. The energy provider announced today that the average household could pay $200 less for natural gas this winter compared to a year ago. "Michigan homes and businesses should continue to enjoy savings on their heating bills this winter," said Tim Sparks, Consumers [Read more]
Riverstone Seneca B.V. Announces Extension of Offer to Acquire Common Shares and Warrants of CIOC (Canadian International Oil Corp.)
CALGARY, Dec. 31, 2015 /CNW/ - Riverstone Seneca B.V. ("Riverstone"), an affiliate of Riverstone Holdings LLC, announced today that as of 5:00 p.m. (EST) on December 29, 2015, approximately 54,290,198 common shares ("Common Shares") of Canadian International Oil Corp. ("CIOC") and approximately 77,868,910 Common Share purchase warrants with an exercise price of $1.20 per warrant ("Warrants") had been validly deposited pursuant to the previously announced offer of Riverstone (the "Offer") to [Read more]
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