BOE Report

Penn West Announces Further Actions In Response To Current Commodity Price Environment And Updates 2015 Guidance

CALGARY, Sept. 1, 2015 /PRNewswire/ - PENN WEST PETROLEUM LTD.  (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces it has taken the following further actions in response to the current commodity price environment: we will limit our capital expenditures to funds flow from operations by year-end 2015 we will suspend our dividend and reduce board compensation we will significantly reduce our cost structure through a 35% workforce reduction "We continue to take [Read more]

Cenovus completes transaction to purchase rail terminal

Facility ownership strengthens market access CALGARY, Aug. 31, 2015 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed its previously announced purchase of Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta. The acquisition is part of Cenovus's strategy to build a strong portfolio of transportation options to help maximize market access and capture global prices for its oil. The company is [Read more]

Rowan Provides Fleet Contract Status Update

HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that its report of drilling rig status and contract information has been updated as of August 31, 2015.  The report titled "Fleet Status Report" can be found on the Company's website at www.rowan.com. Notable events in the current report include: Rowan Middletown: Awarded three-year extension through August 2018 with Saudi Aramco at a day rate of $69,000. Charles Rowan: Awarded [Read more]

Petrolympic Announces Planning of Operations in Mitis Property and General Updates

TORONTO, Aug. 31, 2015 /PRNewswire/ - Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX-V: PCQ, OTCQB: PCQRF) is pleased to announce that a drilling location has been identified and field operations are being planned in its 100% owned Mitis property (the "Property") in the Gaspe/Lower St. Lawrence area. Petrolympic has identified several promising conventional drilling targets on the Property after reprocessing and reinterpreting its proprietary seismic data. Three of these targets are [Read more]

Oceaneering Appoints Suzanne Spera as Director, Investor Relations

HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) announced today that Suzanne Spera has joined Oceaneering as Director, Investor Relations. Ms. Spera's business career spans over 15 years in investor relations for energy companies.  From 2008-2015 she was the Director, Investor Relations at Rowan Companies plc.  Prior to that, she held investor relations positions at Synthesis Energy Systems, Inc., Cheniere Energy, Inc., and Petroleum Geo-Services ASA.  Ms. [Read more]

Wet'suwet'en Chiefs say Unist'ot'en do not Speak for their Nations

Four Wet'suwet'en Chiefs challenge recent media coverage BURNS LAKE, BC, Aug. 31, 2015 /CNW/ - Wet'suwet'en First Nation Chief Karen Ogen, Nee Tahi Buhn Chief Ray Morris, Burns Lake Band Chief Dan George, and Skin Tyee Nation Chief Rene Skin, say they are disappointed at recent media coverage that represents the Unist'ot'en as speaking for their Nations, and that fails to represent the complexity of the issues. "We have long believed it is short sighted to turn down [Read more]

Open Letter from Native Alaskans to President Obama

ANCHORAGE, Alaska, Aug. 31, 2015 /PRNewswire-USNewswire/ -- Leaders of the Arctic Slope Regional Corporation have placed an open letter in State news outlets, welcoming President Obama to Alaska but also warning him of the critical need to strike a balance between responsible energy development and environmental stewardship, within the Arctic. "As stewards of our Arctic homelands, we have a unique and very important interest in ensuring that any development activities in the Arctic are carried [Read more]

Madalena Announces Grant of Options and Executive Appointment

CALGARY, Alberta, Aug. 31, 2015 /PRNewswire/ -- Madalena Energy Inc. ("Madalena" or the "Corporation") announces the grant of 15,563,158 options ("Options") to certain officers, employees and directors of the Corporation and its subsidiaries as part of its compensation procedures.  Of the Options granted, a total of 15,163,158 Options were granted to directors and executive officers of the Corporation or its subsidiaries.  The grant of options is the first grant to executive officers in over two [Read more]

Lubricating Oil Market Competitive Landscape Analysis Report

PUNE, India, August 31, 2015 /PRNewswire/ -- Global Lubricating Oil Market 2015 Industry Research Report provides analysis information including development trends, competitive landscape analysis, and key regional development status for lubricating oil. Complete report on lubricating oil market spread across 170 pages, analyzing 9 major companies and supported with 185 tables and figures is now available at [Read more]

NEAH GES Unveils Insurance Risk Management Wrap for Africa Infrastructure Market

DUBAI, United Arab Emirates, Aug. 31, 2015 /PRNewswire/ -- NEAH GES ("GES"), a Dubai based holding company focused on risk-mitigation and logistics support, which provides site security and protection, air/ground/marine transportation and evacuation, power generation O&M, and emergency medicine services to energy, mining and heavy industries across the African continent today announced that it has unveiled its proprietary Integrated Financial and Operational Risk Management Wrap ("GES Wrap") for [Read more]