CALGARY, Nov. 13, 2015 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce the appointment of Kristofer ("Kris") Gustafsson to the position of Vice President, Production and Operations and Deputy General Director of Bankers Petroleum Albania Ltd. ("Bankers Albania"). "Over the last several years, as the leader of our production and technology groups in Albania, Kris has played an instrumental role in our transition of operations [Read more]
Recon Technology, Ltd. Reports Fiscal Year 2016 First Quarter Financial Results
BEIJING, Nov. 13, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today reported its financial results for the first quarter of fiscal year 2016, which ended September 30, 2015. Q1 FY2016 Financial Highlights: Total revenues for the first quarter of FY2016 were RMB3.59 million ($0.57 million), a decrease of 16.5% as compared to the same period last fiscal year. Gross profit [Read more]
InterOil Drilling and Q3 2015 Update
SINGAPORE and PORT MORESBY, Papua New Guinea, Nov. 13, 2015 /PRNewswire/ -- Antelope-4 sidetrack-1 reaches total depth Antelope-6 to spud in December Liquidity of $473 million at September 30 2016 expenditure estimate of $175-$195 million InterOil Corporation (NYSE: IOC; POMSoX: IOC) reports that the Antelope-4 sidetrack-1 well in Petroleum Retention License 15 (PRL 15) in Papua New Guinea has reached total depth. InterOil Chief Executive Dr Michael Hession said wireline logging, which [Read more]
Pembina Pipeline Corporation Raises Over $2.6 Million for United Ways Across Canada
CALGARY, Alberta, Nov. 12, 2015 /PRNewswire/ -- Pembina Pipeline Corporation ("Pembina" or the "Company") has proudly raised a record $2.6 million – the largest contribution in Pembina's history – which will go to United Ways across its operating areas. United Way of Calgary and Area will receive a donation of $2,326,396 (including Pembina's 100 percent match), the result of the Company's annual staff fundraising campaign. Further, Pembina will be donating approximately $300,000 to United Ways [Read more]
Pembina Pipeline Corporation Raises Over $2.6 Million for United Ways Across Canada
$2.3 million going to the United Way of Calgary and Area CALGARY, Nov. 12, 2015 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") has proudly raised a record $2.6 million – the largest contribution in Pembina's history – which will go to United Ways across its operating areas. United Way of Calgary and Area will receive a donation of $2,326,396 (including Pembina's 100 percent match), the result of the Company's annual staff fundraising campaign. Further, [Read more]
Global Oil and Gas Companies to Attend and Speak at Israel’s 2nd Annual International Oil & Gas Conference and Exhibition
TEL AVIV, Israel, November 12, 2015 /PRNewswire/ -- Next week 17-19 November 2015, Israel will welcome international oil and gas companies to its shores for Universal Oil & Gas Tel Aviv 2015 (UOG 2015), the 2nd Annual International Oil & Gas Conference and Exhibition. (Logo: http://photos.prnewswire.com/prnh/20151112/286752LOGO ) Dr. Steinitz the Israel Energy Minister will open the conference with a number of key international oil companies, local energy players, top governmental [Read more]
AEP Completes Sale Of AEP River Operations To ACL
COLUMBUS, Ohio, Nov. 12, 2015 /PRNewswire/ -- American Electric Power (NYSE: AEP) today completed the sale of its commercial barge transportation subsidiary, AEP River Operations LLC, to American Commercial Lines (ACL), owned by Platinum Equity, for approximately $550 million. AEP announced Oct. 1 that it had reached an agreement to sell AEP River Operations to ACL. AEP acquired the business, formerly known as MEMCO, in 2001. ACL purchased all the stock of AEP Resources, the parent company [Read more]
Madalena Provides Operational and Financial Update
CALGARY, Alberta, Nov. 12, 2015 /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce the initial results of recent drilling operations on the Company's core properties in Argentina. The Company has made progress on the Lower Agrio shale oil play and the Mulichinco tight sand gas play, which are two strategic resource plays that are complementary to the Company's Vaca Muerta and Loma Montosa resource plays. In addition, Madalena [Read more]
Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for December 15, 2015 Payment Date
CALGARY, Nov. 12, 2015 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on December 15, 2015 to all shareholders of record on November 23, 2015. The ex-dividend date for this payment is November 19, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an oil-leveraged producer that seeks to create value through the acquisition, exploration, [Read more]
Madalena Provides Operational and Financial Update
TSXV Trading Symbol: MVNOTC Trading Symbol: MDLNF CALGARY, Nov. 12, 2015 /PRNewswire/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce the initial results of recent drilling operations on the Company's core properties in Argentina. The Company has made progress on the Lower Agrio shale oil play and the Mulichinco tight sand gas play, which are two strategic resource plays that are complementary to the Company's Vaca Muerta and [Read more]
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