BOE Report

Synthetic Lubricants Market Worth 36.0 Billion USD by 2020

PUNE, India, January 6, 2016 /PRNewswire/ -- The report "Synthetic Lubricants Market - by Type (PAO, Esters, Group III, PAG), by Application (Engine Oil, Metalworking Fluids, and Industrial) and by Regions (Europe, North America, Asia-Pacific and Rest of the World) - Global Trends & Forecasts to 2020", published by MarketsandMarkets, The Synthetic Lubricants Market is projected to reach USD 36.0 Billion by 2020, at a CAGR of 2.5% between 2015 and 2020. The market is driven by the growing [Read more]

InterOil “LNG from PNG” Presentation

SINGAPORE and PORT MORESBY, Papua New Guinea, Jan. 6, 2016 /PRNewswire/ -- InterOil Corporation's (NYSE: IOC; POMSoX: IOC) Executive Vice President of Papua New Guinea Operations, Thomas Nador, is presenting in investor meetings at the Goldman Sachs Global Energy Conference in Miami on January 6 and 7, and at a Goldman Sachs LNG roadshow in Houston on January 8, 2016. A copy of the presentation is available on the company website at www.interoil.com. About InterOil InterOil Corporation is [Read more]

Cabot Oil & Gas Corporation Declares Dividend

HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of two cents ($0.02) per share on the Company's common stock. The dividend will be paid February 12, 2016 to all shareholders of record as of the close of business January 29, 2016. Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading independent natural gas producer with its entire resource base located in the continental [Read more]

Evolution Petroleum Declares Cash Dividend on 8.5% Series A Preferred Stock

HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of January 2016 and is payable on February 1, 2016 to holders of record at the close of business on January 15, 2016. The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference. [Read more]

Vermilion Energy Inc. Announces 2016 Budget

CALGARY, Jan. 5, 2016 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Us", or "Our") (TSX, NYSE: VET) is pleased to announce that our Board of Directors has approved an exploration and development ("E&D") capital budget for 2016 of $285 million. Highlights Budgeted E&D investment of $285 million for 2016 represents a 41% decrease from 2015 forecasted E&D investment of $485 million, and a 59% decrease from 2014 investment of $688 million. Production guidance for 2016 is 62,500 to [Read more]

Spectra Energy Announces New Quarterly Dividend of $0.405 per Share

HOUSTON, Jan. 5, 2016 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has announced a 14-cent increase in its annual dividend to $1.62 per share, or $0.405 on a quarterly basis. The dividend is payable on March 8, 2016, to shareholders of record at the close of business on February 12, 2016. "Consistent with our financial plans and our commitment to investors, we are increasing our annual dividend by 14 cents to $1.62 per share. This increase reflects our continued ability to deliver strong and [Read more]

Bellatrix to Present at the TD Securities London Energy Conference and Announces Updated Commodity Risk Management Contracts

TSX, NYSE: BXE CALGARY, Jan. 5, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce it will be presenting at the TD Securities London Energy Conference in London, England on Tuesday, January 12, 2016. Bellatrix maintains an active risk management program, and over the past several months has added several natural gas fixed price swap contracts through the summer season (April to October 2016) to further enhance [Read more]

Penn West Receives Continued Listing Standard Notification From The New York Stock Exchange Regarding The Price Of Its Common Stock

CALGARY, Jan. 5, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces that it received notification on January 4, 2016 from the New York Stock Exchange (the "NYSE") that Penn West is no longer in compliance with one of the NYSE's continued listing standards applicable to Penn West because the average closing price of Penn West's common stock was less than US$1.00 per share over a consecutive 30 trading day period.  As of December 30, [Read more]

Seymour Schulich Releases Open Letter to Canadian Oil Sands Shareholders: Why I'm Not Selling to Suncor at This Price — And You Shouldn't Either

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]