TULSA, Okla. and SUGAR LAND, Texas, Sept. 15, 2015 /PRNewswire/ -- Velocity Midstream Partners, LLC ("Velocity") announced that Velocity Central Oklahoma Pipeline LLC, a wholly owned subsidiary of Velocity, has entered into a Letter of Intent with CVR Energy, Inc. (NYSE: CVI) related to Velocity's construction of a crude oil gathering and transportation system through the fairways of the SCOOP and STACK plays in Oklahoma. CVR Energy anticipates equity participation in the project through one or [Read more]
Pioneer Energy Services Announces Amended Revolving Credit Facility
SAN ANTONIO, Sept. 15, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it has amended its existing senior secured revolving credit facility and modified certain covenants to enhance the Company's financial flexibility. The new agreement sets the borrowing capacity of the facility at $300 million, a reduction of $50 million from the previous facility, and provides for more flexible financial covenants. Beginning in the fourth quarter of 2015, the maximum total [Read more]
Newpark Resources Announces September Investor Conferences
THE WOODLANDS, Texas, Sept. 15, 2015 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that management will participate in three investor conferences in September, including the Credit Suisse Annual Small & Mid Cap Conference on September 17th; the Cowen and Company Houston Oilfield One-on-One Day on September 23rd; and the Johnson Rice Energy Conference on September 28th. ULTRA-DEEPWATER FLUIDS CONTRACT AWARD The Company announced that it has been awarded a contract by [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend For September 2015
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Sept. 15, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on October 15, 2015 to common shareholders of record on September 30, 2015. The ex-dividend date is September 28, 2015, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend For September 2015
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Sept. 15, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on October 15, 2015 to common shareholders of record on September 30, 2015. The ex-dividend date is September 28, 2015, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder [Read more]
UGCenter.com Delivers Shale Plays Market Analysis
HOUSTON, Sept. 15, 2015 /PRNewswire/ -- The Unconventional Oil and Gas Center, known as UGCenter.com, offers a new feature: Heard in the Field. Subscribers to UGCenter.com can read these executive summaries, published twice weekly, with quantitative results and anecdotal comments. It's a composite of real-time surveys from service providers and E&P companies. Heard in the Field appears as a special section on the homepage of UGCenter.com, an exclusive subscription website that details [Read more]
Iran to Supply Gas to Europe Within the Next Twelve Months?
LONDON, September 15, 2015 /PRNewswire/ -- On 14th July, Iranian President Hassan Rouhani, declared that, "new horizons emerge with a focus on shared challenges", following the historic agreement reached to limit Iran's nuclear power in exchange for the phasing out of sanctions. New horizons indeed, as Iran's monumental reserves of natural gas could be poised to supply Europe, by some estimates, in as little as one year. The effect of this could change gas supply dynamics in the region [Read more]
New Source Energy Partners Board Of Directors Declares Distributions On Series A Cumulative Convertible Preferred Units
OKLAHOMA CITY, Sept. 14, 2015 /PRNewswire/ -- New Source Energy Partners L.P. (OTC: NSLP) (the "Partnership" or "New Source") announced today that the Board of Directors of its General Partner has declared a cash distribution for its 11% Series A Cumulative Convertible Preferred units (NYSE: NSLP-A) of $0.6875 per unit. The distribution will be paid on October 15, 2015 to all unit holders of record on October 1, 2015. About New Source Energy Partners L.P. New Source Energy Partners L.P. is [Read more]
PSE&G to cut residential gas bills by 5.7 percent this winter
NEWARK, N.J., Sept. 14, 2015 /PRNewswire/ -- Public Service Electric and Gas Co. (PSE&G), New Jersey's largest utility, today announced that it will reduce residential natural gas bills this winter by 5.7 percent, saving customers almost $52 per year. The reduction was approved by the New Jersey Board of Public Utilities, enabling PSE&G to reduce its basic gas supply rate to 40 cents from 45 cents – the utility's lowest rate in 15 years. Also included in this filing is a small reduction to the [Read more]
Anadarko to Present at Upcoming Energy Event
HOUSTON, Sept. 14, 2015 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced that Bob Gwin, Anadarko Executive Vice President, Finance and CFO, will present at the 2015 UBS Houston Energy Bus-less Tour on Thursday, Sept. 17, 2015 at 10 a.m. CDT. The link to the audio webcast presentation will be available in the Investor section at www.anadarko.com. The replay and slide presentation also will be available on the company's website for approximately 30 days following the [Read more]
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