BOE Report

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]

Nurses Speak Out About Fracking Oil Trains: “Don’t Let NY Be Next”

SARATOGA SPRINGS, N.Y., Oct. 21, 2015 /PRNewswire-USNewswire/ -- Hundreds of members of the New York State Nurses Association, along with local and state officials and community and environmental advocates, held a rally and die-in at the Saratoga Springs Amtrak station. The typically quiet train station, where two freight trains loaded with oil from fracking pass each day, was transformed by live music, chanting, a die-in and a dozen speakers calling for greater safety precautions when [Read more]

Naphtha Market Size to Reach $183.38 Billion By 2022: Grand View Research, Inc.

SAN FRANCISCO, October 21, 2015 /PRNewswire/ -- The global naphtha market is expected to reach USD 183.38 billion by 2022, according to a new report by Grand View Research, Inc. Growth of petrochemical industry particularly in Asia Pacific and Middle East is expected to remain a key driving factor for global naphtha market. Naphtha finds application as a feedstock in catalytic reforming for manufacturing aromatics and high octane gasoline. Shale gas boom in North America has softened ethane [Read more]

Baker Hughes Announces Third Quarter Results

HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the third quarter of 2015. "In the third quarter, we delivered increased operating profit sequentially, despite deteriorating market conditions and lower revenue," said Martin Craighead, Baker Hughes Chairman and Chief Executive Officer. "Internationally, despite a 4% decrease in revenue we expanded margins across all of our segments as a result of continued cost reductions. In North [Read more]

Apache To Release Third-Quarter 2015 Results On Nov. 5

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its third-quarter 2015 results on its website, www.apachecorp.com, at 7 a.m. Central time on Thursday, Nov. 5, 2015, followed by a conference call to discuss its results at 1 p.m. Central time. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will be available for delayed playback by telephone for one week beginning at [Read more]

Evolution Petroleum Announces First Quarter Fiscal 2016 Earnings Release Conference Call

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release its financial and operational results for the quarter ended September 30, 2015 (its first fiscal quarter of 2016) after the market closes on Wednesday, November 4, 2015. An investor conference call to review the results will be held on Thursday, November 5, 2015 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO, Randy [Read more]

FMC Technologies Reports Third Quarter 2015 Diluted Earnings per Share of $0.61, excluding impairment and restructuring charges

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- FMC Technologies, Inc. (NYSE:FTI) today reported third quarter 2015 revenue of $1.5 billion, down 22 percent from the prior-year quarter primarily due to the continued decline in the North American land market that severely impacts our Surface Technologies segment and the negative impact of the strengthening U.S. dollar in our Subsea Technologies segment. Diluted earnings per share were $0.35, which includes pre-tax impairment charges of $60.2 million, or [Read more]