HOUSTON, July 28, 2015 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced its financial and operating results for the second quarter of 2015, including net income attributable to common stockholders of $61 million, or $0.12 per share (diluted). These results include certain items typically excluded by the investment community in published estimates, which in the aggregate increased net income by $57 million or $0.11 per share (diluted).(1) Net cash flow from operating [Read more]
Lonestar Announces Joint Development Agreement With IOG Capital
FORT WORTH, Texas, July 28, 2015 /PRNewswire/ -- Lonestar Resources, Ltd. (OTCQX:LNREF, ASX:LNR) is pleased to announce the closing of a $100 million Joint Development Agreement ("JDA") with IOG Capital, L.P. The Agreement provides incremental non-recourse capital for Lonestar to drill wells in its focus area of the Eagle Ford Shale play. Lonestar's agreement with IOG Capital makes available a maximum of $100 million in funds to be used in drilling incremental Eagle Ford Shale wells. The Joint [Read more]
Panhandle Oil and Gas Inc. Announces Dividend Payment
OKLAHOMA CITY, July 28, 2015 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced that its Board of Directors, at its July 22, 2015, meeting, approved a payment of the regular 4 cents per share quarterly dividend. The dividend will be payable on Sept. 3, 2015, to shareholders of record on Aug. 20, 2015. Panhandle Oil and Gas Inc. (NYSE: PHX) is engaged in the exploration for and production of natural gas and oil. Additional information on the Company can be found at [Read more]
Oil Shale Market – Global Industry Analysis 2015-2022: Plummeting Oil Prices Hinder Ongoing Oil Shale Mining Activities
DUBLIN, July 21, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kgk47n/oil_shale_market) has announced the addition of the "Oil Shale Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022" report to their offering. This research study analyzes the market for oil shale in terms of revenue (USD Million) and volume (Million Barrels). The global oil shale market has been segmented on the basis of geography, process (ex-situ [Read more]
Pre-existing defect led to January 2014 pipeline rupture in Otterburne, Manitoba
WINNIPEG, July 28 2015 /CNW/ -The Transportation Safety Board of Canada (TSB) today released its investigation report (P14H0011) into the 25 January 2014 rupture of a TransCanada PipeLines Limited pipeline. A 30-inch natural gas pipeline, Line 400-1, ruptured and ignited at the site of Mainline Valve 402 near Otterburne, Manitoba. The escaping gas burned for approximately 12 hours. Five residences in the immediate vicinity were evacuated until the fire was extinguished. The investigation [Read more]
Vermilion Energy Inc. Announces Farm-in Agreement in Germany
CALGARY, July 28, 2015 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce that we have entered into a farm-in agreement (the "Farm-in" or the "Agreement") with Mobil Erdgas-Erdӧl GmbH ("MEEG") and BEB Erdgas und Erdӧl GmbH & Co.KG ('BEB"). MEEG is 100% held by ExxonMobil and BEB is jointly held by ExxonMobil and Royal Dutch Shell. ExxonMobil Production Deutschland GmbH ('EMPG") currently operates and manages [Read more]
Southwestern Energy Announces Second Quarter 2015 Financial And Operating Results
HOUSTON, July 27, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended June 30, 2015. Second quarter highlights include: Record production of 245 Bcfe, including 2 Bcfe associated with the East Texas and Arkoma assets that were divested during the second quarter; Total Appalachia net production of 122 Bcfe, comprised of 87 Bcf from Northeast Appalachia (a 43% increase compared to year-ago levels) and 35 Bcfe [Read more]
Waste Connections Reports Second Quarter 2015 Results
THE WOODLANDS, Texas, July 27, 2015 /PRNewswire/ -- Waste Connections, Inc. (NYSE: WCN) today announced its results for the second quarter of 2015. Revenue in the second quarter was $531.3 million, as compared to revenue of $524.7 million in the year ago period. Operating income was $110.0 million compared to $118.5 million in the second quarter of 2014. Adjusted EBITDA* in the current year period was $177.7 million, as compared to adjusted EBITDA of $182.5 million in the prior year period. [Read more]
FERC Issues Order Authorizing Excelerate Energy’s Aguirre Offshore GasPort Project
THE WOODLANDS, Texas, July 27, 2015 /PRNewswire/ -- On July 24, 2015, the Federal Energy Regulatory Commission (FERC) issued its order granting authorization to Excelerate Energy ("Excelerate"), in cooperation with the Puerto Rico Electric Power Authority (PREPA), to site, construct, and operate the proposed Aguirre Offshore GasPort Project ("Project") located offshore Puerto Rico. The order confirms the final Environmental Impact Statement (EIS) that resulted in a finding of no significant [Read more]
Atlas Resource Partners’ Lending Group Reaffirms $750 Million Borrowing Base
PITTSBURGH, July 27, 2015 /PRNewswire/ -- Atlas Resource Partners, L.P. ("ARP") (NYSE: ARP) announces that its syndicated lending group has reaffirmed the borrowing base of $750 million on ARP's senior secured revolving credit facility. Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production master limited partnership which owns an interest in over 14,500 producing natural gas and oil wells, located primarily in Appalachia, the Barnett Shale (TX), the Mississippi Lime (OK), [Read more]
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