BOE Report

Kaisen Energy Corp. Announces Sizeable Private Equity Investment from Kern Energy Partners

Kaisen to Capitalize on Current Market Turmoil through Strategic Drill Bit and Acquisition Activity CALGARY, Nov. 23, 2015 /CNW/ - Kaisen Energy Corp. ("Kaisen" or the "Company") is pleased to announce a newly formed strategic partnership with KERN Energy Partners ("KERN") through a sizeable private equity investment in the Company to fund the strategic development of existing assets and to capitalize on potential present and emerging acquisition opportunities. Since the Company's [Read more]

Par Announces $74.8 Million Registered Direct Offering

HOUSTON, Nov. 23, 2015 /PRNewswire/ -- Par Pacific Holdings, Inc. (NYSE MKT: PARR) ("Par Pacific" or the "Company") today announced it has agreed to sell 3,400,000 shares of its common stock at a price of $22.00 per share, representing a 6.0% discount to the 30-day volume-weighted average share price as of November 20, 2015, for anticipated gross proceeds of approximately $74.8 million. The shares were offered and are expected to be sold to certain pre-existing shareholders and other investors, [Read more]

Haynes and Boone Oil Patch Bankruptcy Monitor Shows Rise in E&P Chapter 11 Filings Totaling about $13 Billion in Debt

HOUSTON, Nov. 20, 2015 /PRNewswire/ -- Lawyers in the Haynes and Boone, LLP Bankruptcy and Energy practices have released their first Oil Patch Bankruptcy Monitor, which details a rising tide of 2015 exploration and production company Chapter 11 filings totaling about $13 billion in cumulative secured and unsecured debt. Logo - http://photos.prnewswire.com/prnh/20151120/289783LOGO The report contains a list of North American E&P filings, breaking them down by filing location and by amount of [Read more]

Basic Energy Services to Present at Investor Conferences during the First Two Weeks of December

FORT WORTH, Texas, Nov. 20, 2015 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at three institutional investor conferences during the first two weeks of December 2015. Roe Patterson, President and Chief Executive Officer, is scheduled to present at the Cowen & Company 5th Annual Ultimate Energy Conference to be held in New York City on Tuesday, December 1 at approximately 4:10 p.m. Eastern Time (3:10 p.m. Central Time). Mr. [Read more]

Enerplus Announces Cash Dividend for December 2015

CALGARY, Nov. 20, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.03 per share will be payable on December 15, 2015 to all shareholders of record at the close of business on December 1, 2015. As announced previously, Enerplus believes this is a more appropriate dividend level in the context of current commodity prices. The ex-dividend date for this payment is November 27, 2015. The CDN$0.03 per share dividend is [Read more]

MATRRIX Announces Third Quarter 2015 Results

CALGARY, Nov. 19, 2015 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announces financial results for the three and nine month periods ended September 30, 2015. (Expressed in Thousands of Canadian Dollars except for per share amounts and operational days) OVERALL HIGHLIGHTS For the three and nine months ended September 30, 2015, the Corporation experienced a significant decline in drilling and motor rental activity in both Canada and the US relative to [Read more]

Sterling Resources Announces Third Quarter Operating and Financial Results

CALGARY, Nov. 19, 2015 /CNW/ - Sterling Resources Ltd. (TSX-V:SLG) ("Sterling" or the "Company") an international oil and gas company with exploration and development assets in the United Kingdom, France and the Netherlands, announces interim operating and financial results for the quarter ended September 30, 2015. Unless otherwise noted all figures contained in this report are denominated in US dollars. Financial Highlights For the third quarter of 2015 Breagh's operating netback(1) was [Read more]

UH Law Center joins Mexican oil and gas agency in mutual training and education pact

HOUSTON, Nov. 19, 2015 /PRNewswire-USNewswire/ -- The University of Houston Law Center (UHLC) and Mexico's National Hydrocarbons Commission (CNH) recently launched a partnership that offers internships to law students while providing training and education in international energy law to Mexican energy officials. The agreement between the Law Center and CNH will be administered by the school's Center for U.S. and Mexican Law. CNH is a national oil and gas agency responsible for development of [Read more]

Refiners Chevron, Tesoro, and Valero Each Triple California Profits In First Nine Months To Highest Ever; Spike Mirrors Record Lobbying Spending, Says Consumer Watchdog

SANTA MONICA, Calif., Nov. 19, 2015 /PRNewswire-USNewswire/ -- The three major refiners that provide detailed profit information reported their best ever year to date from oil refining in California. Each company at least tripled their average historical profits in the third quarter, according to Consumer Watchdog's analysis released today. The huge increases followed a record year for California gas prices - reaching as high as $1.20 above the national average for the first time in history. [Read more]

Hart Energy’s Successful Executive Oil Conference Ties Its 2014 Attendance Record

HOUSTON, Nov. 19, 2015 /PRNewswire/ -- Almost 1,100 oil and gas industry professionals gathered in the Permian Basin, the undisputed capital of the light oil revolution, for the 21st annual Executive Oil Conference. The successful event took place November 9-10 at the Midland County Horseshoe Pavilion in Midland, Texas. Hart Energy hosted the same number of paid attendees as 2014 (a higher point the business cycle). Themed "Permian Powers On," the Executive Oil Conference's featured 17 [Read more]