NEW YORK, Oct. 21, 2015 /PRNewswire/ -- Report Details Visiongain has calculated that the Southern African oil and gas market will see capex of $18.55bn in 2015, including spending on both upstream exploration & development (E&D) and midstream infrastructure.Southern Africa is the single largest region of Africa, a region that includes a diverse range of economies all at varying stages in terms of oil and gas industry development. OPEC member Angola and newcomer Namibia on the West coast are [Read more]
Summit Midstream Partners, LP Schedules Third Quarter 2015 Earnings Release & Conference Call
THE WOODLANDS, Texas, Oct. 21, 2015 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that it will report financial results for the third quarter of 2015 on Monday, November 9, 2015, before the New York Stock Exchange opens for trading. SMLP will host a conference call at 10:00 a.m. Eastern on November 9, 2015, to discuss its quarterly operating and financial results. Interested parties may participate in the call by dialing 847-619-6397 or toll-free 800-708-4540 and [Read more]
Core Lab Reports Third-Quarter 2015 Results
AMSTERDAM, Oct. 21, 2015 /PRNewswire/ -- Core Laboratories N.V. (NYSE: "CLB US") (Euronext Amsterdam: "CLB NA") ("Core", "Core Lab" or the "Company") reported third quarter 2015 earnings per diluted share ("EPS") of $0.83, excluding foreign exchange translations ("FX") not included in prior guidance ("ex-item"), which is referenced in the non-GAAP reconciliation included in this release. Third quarter 2015 revenue totaled $197,300,000, down 3% sequentially from second quarter 2015 levels. In [Read more]
ONEOK Increases Quarterly Dividend
TULSA, Okla., Oct. 21, 2015 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased ONEOK's quarterly dividend by 1 cent per share, or 2 percent, to 61.5 cents per share, effective for the third quarter 2015, resulting in an annualized dividend of $2.46 per share. The dividend is payable Nov. 13, 2015, to shareholders of record at the close of business Nov. 2, 2015. "As the general partner of ONEOK Partners, we are committed to delivering long-term value for our [Read more]
ONEOK Partners Declares Quarterly Distribution
TULSA, Okla., Oct. 21, 2015 /PRNewswire/ -- The board of directors of the general partner of ONEOK Partners, L.P. (NYSE: OKS) today declared a quarterly cash distribution of 79 cents per unit, effective for the third quarter 2015, payable Nov. 13, 2015, to unitholders of record as of Nov. 2, 2015. The distribution remains unchanged from the previous quarter and represents a 2 percent increase compared with the third quarter 2014. "At ONEOK Partners, we continue to take important steps to [Read more]
Flotek Industries, Inc. Announces Third Quarter, 2015 Financial And Operating Results And Conference Call Information
HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") today announced results for the three months ended September 30, 2015. As reported on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek reported that revenue for the three months ended September 30, 2015, was $87.9 million compared to $116.8 million for the three months ended September 30, 2014, and $87.0 million for the second quarter of 2015. Third quarter, 2015 [Read more]
Cabot Oil & Gas Corporation Declares Dividend
HOUSTON, Oct. 21, 2015 /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 November 18, 2015 to all shareholders of record as of the close of business November 4, 2015. 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]
Mt. Poso Bioenergy Day promotes diversion and drought solutions
BAKERSFIELD, Calif., Oct. 21, 2015 /PRNewswire/ -- Mt. Poso Cogeneration Company and its partners, DTE Energy Services and Macpherson Energy Corporation, hosted an open house Wednesday for Kern County water agencies, elected officials and members of the community to promote diversion of waste and responsible water management. The event recognized the third annual National Bioenergy Day, an effort by renewable energy producers across the nation to educate the public about the environmental, [Read more]
Whitecap Resources Inc. Confirms Credit Facility at $1.2 Billion, Provides Operational Update and Increased Production Guidance
CALGARY, Oct. 21, 2015 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to confirm our credit facility has been maintained at the current $1.2 billion and would like to provide shareholders with an update on our successful capital execution thus far in 2015. Our third quarter operational results have once again exceeded expectations with average production over 1,800 boe/d (5%) above our forecast of 40,000 boe/d. This provides us with an opportunity to increase [Read more]
Oasis Petroleum Inc. Announces Amendments To Its Pending Consent Solicitations And A Further Extension
HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") announced today that it is amending and extending its previously announced consent solicitations respecting amendments (the "Amendments") to the indentures (the "Indentures") governing its outstanding 7.25% Senior Notes due 2019 (CUSIP No. 67415AC2), 6.5% Senior Notes due 2021 (CUSIP No. 674215AD0) and 6.875% Senior Notes due 2023 (CUSIP No. 674215AE8) (collectively, the "Notes"). Oasis is [Read more]
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