BOE Report

Evolution Petroleum Declares Cash Dividend on 8.5% Series A Preferred Stock; To Present at IPAA OGIS San Francisco Conference

HOUSTON, Oct. 1, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of October 2015 and is payable on November 2, 2015 to holders of record at the close of business on October 15, 2015.  The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference. [Read more]

Platts Report: China Oil Demand Grows 10% Year over Year in August

SINGAPORE, Oct. 1, 2015 /PRNewswire/ -- China's apparent oil demand* rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Barring gasoil and naphtha, China's apparent demand for all other key products—gasoline, liquefied petroleum gas (LPG), jet/kerosene, and fuel oil—saw double digit year-on-year growth in August. China's refinery throughput in August averaged 10.49 million b/d, up 6.5% from a [Read more]

Oil and Gas Investor Recognizes Rising Stars with 30 Under 40 Program

HOUSTON, Oct. 1, 2015 /PRNewswire/ -- The editors of Oil and Gas Investor are pleased to announce the honorees of its annual 30 Under 40 program. These rising stars excelled in the areas of entrepreneurial spirit, creative problem solving, leadership, and community involvement. Industry leaders come from the sectors of exploration and production, acquisitions and divestitures, oilfield services, midstream, and finance. Oil and Gas Investor's website includes video interviews and other special [Read more]

Pioneer Energy Services Announces Third Quarter 2015 Earnings Release and Conference Call Schedule

SAN ANTONIO, Oct. 1, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its third quarter 2015 financial results before the market opens on Thursday, October 29.  In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).  Investors may participate in the call either by phone or audio webcast. By Phone:         [Read more]

CIG Logistics Acquires Large-Scale Rail Facility from Flint Hills Resources

ODESSA, Texas, Oct. 1, 2015 /PRNewswire/ -- CIG Logistics, an industry-leading oil and gas logistics provider, has acquired a premier 330 acre rail facility in Odessa, Texas from Flint Hills Resources. The companies closed on the deal September 29 and the purchase price and terms of the acquisition were undisclosed. The Odessa facility is a critical logistics hub for the energy industry fulfilling a key role in the movement of crude oil and frac sand via rail and truck to and from the Permian [Read more]

Parallel Energy Trust Announces Further Update on Bank Facility

CALGARY, Oct. 1, 2015 /CNW/ - Parallel Energy Trust's ("Parallel" or the "Trust") US$165 million credit facility was not renewed on September 30, 2015 and Parallel is continuing to work with its lenders on alternative arrangements. There can be no assurances that alternative arrangements will be agreed to with Parallel's lenders. ABOUT PARALLEL ENERGY TRUST Parallel's assets and operations are located in the Mid-Continent Region of the United States and its portfolio consists of [Read more]

Couche-Tard announces completion of sale of Lubricants Business in Europe

LAVAL, QC, Oct. 1, 2015 /PRNewswire/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) announces today the closing of the deal to sell its lubricants business to FUCHS PETROLUB SE ("FUCHS"). The deal, announced on August 1st, 2015, was subject to standard regulatory approvals and closing conditions and has now received clearance from the competition authorities. The sale is through a share purchase agreement, pursuant to which FUCHS has acquired 100% of all issued and outstanding shares in [Read more]

CONSOL Energy Announces Third Quarter 2015 Earnings Release and Conference Call Schedule

PITTSBURGH, Oct. 1, 2015 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) will issue its third quarter earnings release at 6:45 a.m. Eastern Time on Tuesday, October 27. This will be followed by a conference call at 10:00 a.m. Eastern Time. The webcast and presentation materials will be accessible on the 'Investor Relations' page of the company's website, www.consolenergy.com. CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest [Read more]

Gastar Exploration to Present at the IPAA Oil & Gas Investment Symposium on October 5, 2015

HOUSTON, Oct. 1, 2015 /PRNewswire/ -- Gastar Exploration Inc. ("Gastar") (NYSE MKT: GST) today announced that the Company will participate in the Independent Petroleum Association of America's Oil & Gas Investment Symposium being held October 5-6, 2015 in San Francisco. J. Russell Porter, President and Chief Executive Officer, will make a presentation on Monday, October 5 at 9:30 a.m. Pacific Time (12:30 p.m. Eastern Time).  To listen to an audio webcast of the presentation and view [Read more]

Penn West Announces The Sale Of Its Non-Operated 9.5% Working Interest In The Weyburn Unit For $205 Million And UpDates Its Annual Production Guidance

CALGARY, Oct 1, 2015 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") is pleased to announce that it has entered into a definitive agreement for the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of $205 million, subject to closing adjustments customary in transactions of this nature.  We intend to use the proceeds from this disposition to reduce our senior debt.  Upon the [Read more]