BOE Report

Apache Declares Cash Dividend On Common Shares; Sets Date For 2016 Annual Meeting

HOUSTON, Dec. 17, 2015 /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 Feb. 22, 2016, to stockholders of record on Jan. 22, 2016, at a rate of 25 cents per share. Apache's annual meeting will be held at 10 a.m. Central time Thursday, May 12, 2016, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., Houston, Texas. Shareholders of record at [Read more]

Global Compressor Oil Market Report 2015 – Forecasts to 2019

DUBLIN, Dec. 17, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/p8t6cd/global_compressor) has announced the addition of the "Global Compressor Oil Market 2015-2019" report to their offering. The global compressor oil market to grow at a CAGR of 5.32%, in terms of revenue, over the period 2014-2019.Global Compressor Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a [Read more]

Canadian startups receive unexpected financial boost to help make sustainable New Year's resolutions

Seven Canadian climate entrepreneurs will be going into 2016 with a significant financial lift from a new grant program being offered by Shell Canada in collaboration with Canadian Geographic. CALGARY, Dec. 17, 2015 /CNW/ - The Quest Climate Grant awarded seven young entrepreneurs leading six initiatives with $50,000 per project to recognize their efforts to lead climate change-oriented businesses. The recipients, ages 18-35, were identified based on their unique business and/or product [Read more]

New Source Energy Partners Announces Sale Of Erick Flowback Services LLC And Rod’s Production Services, L.L.C.

OKLAHOMA CITY, Dec. 16, 2015 /PRNewswire/ -- New Source Energy Partners L.P., a Delaware limited partnership (OTC:NSLP) (the "Partnership" or "New Source"), today announced that its subsidiary, MidCentral Energy Partners L.P., a Delaware limited partnership ("MCLP"), has sold all of the outstanding membership interests in Erick Flowback Services LLC, an Oklahoma limited liability company ("EFS"), and all of the outstanding membership interests in Rod's Production Services, L.L.C., a Delaware [Read more]

ARC Resources Ltd. Confirms January 15, 2016 Dividend Amount

CALGARY, Dec. 16, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.10 per share will be paid on January 15, 2016 to shareholders of record on December 31, 2015. The ex-dividend date is December 29, 2015. As at December 16, 2015 the trailing twelve-month payments to investors, including the December 15, 2015 payment, total $1.20 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its [Read more]

MarkWest Energy Partners to Discuss Recent Merger at 2016 Marcellus-Utica Midstream Conference

HOUSTON, Dec. 16, 2015 /PRNewswire/ -- Hart Energy's 7th Marcellus-Utica Midstream conference and exhibition will unite the region's top companies January 26-28, 2016, for an in-depth look at upstream and midstream activity throughout the Appalachian plays. Midstream's biggest stakeholders are working to make the region a net exporter of natural gas ahead of the rest of the country. Held at the David L. Lawrence Convention Center, this event offers firsthand knowledge about the region's [Read more]

Californians Overpay $10 Billion For Gasoline In 2015; Consumer Watchdog Shows Oil Refiners Rig Market With Secret Trades & Anti-Competitive Acts

SACRAMENTO, Calif., Dec. 16, 2015 /PRNewswire-USNewswire/ -- Consumer Watchdog today revealed to a state oversight panel new tactics by which California oil refiners had their most profitable years ever and state drivers paid more at the pump than ever before compared to US drivers. The nonprofit group said that California drivers will have paid $10 billion extra for their gasoline by year's end due to gouging based on an analysis of price and consumption. Consumer Watchdog found that between [Read more]

2016 Budget Targets 39% Annual Production Growth, $120 million Capital Program & Total Cash Costs of $0.75/mcfe

(TSX: AAV, NYSE: AAV) CALGARY, Dec. 16, 2015 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce that its Board of Directors has approved a 2016 capital budget of $120 million targeting annual production per share growth of approximately 39% to 200 mmcfe/d (33,300 boe/d) and a further 6% reduction in total cash costs to $0.75/mcfe.  Advantage's standing inventory of 35 completed and uncompleted wells are capable of achieving and sustaining [Read more]

Whitecap Provides Revised Outlook for 2016 and Confirms Monthly Dividend

CALGARY, Dec. 15, 2015 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") announces that in response to the downward pressure on commodity prices its Management and Board of Directors have elected to reduce its 2016 capital program by 27% to $150 million from $205 million previously announced on November 10, 2015. The revised capital program is designed to maintain financial flexibility and to prudently develop our high quality asset base through this volatile commodity price cycle. [Read more]

VirTex Operating Company, Inc. Assets for Sale

CORPUS CHRISTI, Texas, Dec. 15, 2015 /PRNewswire/ -- VirTex Operating Company, Inc. of Corpus Christi, Texas is placing one of its crown jewels on the market by announcing the divestment of its interest in approximately 34,000 acres of prime Eagle Ford Shale assets in Webb and LaSalle Counties, Texas. The assets comprise VirTex's 25% working interest in a venture with BP. Logo - http://photos.prnewswire.com/prnh/20151215/296043LOGO Dale Phipps, President of VirTex, says, "The venture has the [Read more]