BOE Report

Team Oil Tools Acquires Odessa Packer Services

THE WOODLANDS, Texas, Aug. 3, 2015 /PRNewswire/ -- Team Oil Tools, LP ("Team") announced today that it has acquired all the outstanding shares of Odessa Packer Services, Inc. ("Odessa" or "OPS"). Founded in 1982, Odessa is a leading oilfield packer and downhole tool service company focused on the Permian Basin market. OPS is based in Odessa, Texas, and provides packers, equipment rental and related services.  Team is focused on the design, manufacture, sale and service of downhole completion [Read more]

American Energy Partners, LP Announces The Hiring Of Elliot J. Chambers As The Chief Financial Officer Of American Energy – Woodford, LLC, American Energy – Minerals, LLC And American Energy – NonOp, LLC

OKLAHOMA CITY, Aug. 3, 2015 /PRNewswire/ -- American Energy Partners, LP (AELP) today announced that on August 24, 2015, Elliot J. Chambers will join AELP as the Chief Financial Officer (CFO) of its affiliates American Energy – Woodford, LLC (AEW), American Energy – Minerals, LLC (AEMN) and American Energy – NonOp, LLC (AENO). Chambers, 42, is replacing as CFO of AEW and AEMN, Jennifer M. Grigsby, who recently transferred to Ascent Resources, LLC as its CFO. Chambers previously worked for [Read more]

VAALCO Energy Appoints Steven Pully As New Director

HOUSTON, Aug. 3, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) announced today the appointment of Steven J. Pully to the Company's Board of Directors, effective July 31, 2015.  Mr. Pully will stand for re-election at the Company's 2016 Annual Meeting of Shareholders. Mr. Pully has over 25 years of experience in capital markets, finance, investing and legal matters.  He also has extensive Board participation and leadership experience, having served in a variety of roles on twelve [Read more]

Columbia Pipeline Group Reports Second Quarter 2015 Earnings

HOUSTON, Aug. 3, 2015 /PRNewswire/ -- Columbia Pipeline Group, Inc. (NYSE: CPGX) reported net operating earnings from continuing operations (non-GAAP) of $61.2 million for the three months ended June 30, 2015, compared with $59.4 million for the prior year period. Operating earnings (non-GAAP) for the second quarter were $109.1 million compared to $103.9 million for the prior year period. For the quarter, Adjusted EBITDA (non-GAAP) was $138.6 million compared to $126.6 million in 2014. [Read more]

Couche-Tard Sells its Lubricants Business in Europe

LAVAL, QC, Aug. 1st, 2015 /PRNewswire/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) announces today that it has signed, through its wholly-owned indirect subsidiary Couche-Tard Luxembourg S.A.R.L., an agreement to sell its lubricants business to FUCHS PETROLUB SE ("FUCHS"). The sale is through a share purchase agreement, pursuant to which FUCHS would acquire 100% of all issued and outstanding shares in Statoil Fuel & Retail Lubricants AB ("SFR Lubricants"). The deal, which is subject to [Read more]

Sunoco LP Completes Acquisition of Susser Holdings Corporation

HOUSTON, July 31, 2015 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced today that it has completed the acquisition of Susser Holdings Corporation (SHC) from ETP Holdco Corporation and Heritage Holdings, Inc., wholly owned subsidiaries of Energy Transfer Partners, L.P. (NYSE: ETP). The transaction is valued at approximately $1.93 billion. SUN paid $966.9 million in cash and issued ETP's subsidiaries approximately 21.98 million SUN units, valued at approximately $966.9 million.  In addition, there [Read more]

Total Assumes Operatorship of PRL 15

SINGAPORE and PORT MORESBY, Papua New Guinea, July 31, 2015 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) and Total E&P PNG Limited have agreed that Total will become operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea from August 1, 2015. On February 27, 2015 InterOil announced that the PRL 15 Joint Venture, which is developing the Elk-Antelope gas discovery as the Papua LNG Project, had unanimously appointed Total as the operator, subject to an [Read more]

ZCL Composites Reports Second Quarter 2015 Financial Results

EDMONTON, July 30, 2015 /CNW/ - ZCL Composites Inc. (TSX: ZCL) today announced financial results for the second quarter and six months ended June 30, 2015. Q2 2015 compared with Q2 2014 Revenue of $46.7 million, up $5.0 million or 12% from $41.7 million; Net income of $3.4 million or $0.11 per fully diluted share, down $1.1 million or 24% from $4.5 million or $0.15 per fully diluted share; Adjusted EBITDA of $6.1 million (13% of revenue), down $1.3 million or 18% from $7.4 million (18% of [Read more]

TETRA Technologies, Inc. Announces Appointment Of Stephen A. Snider As A Director

THE WOODLANDS, Texas, July 30, 2015 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that its board of directors has appointed Stephen A. Snider as a member of the board of directors and increased the size of the board to accommodate his appointment. Mr. Snider will serve as an independent director. Stuart M. Brightman, TETRA's President and Chief Executive Officer, stated, "Steve brings an impressive array of industry experiences to our Board. We are [Read more]

Cheniere Marketing and Central El Campesino Sign 20-Year LNG Sale and Purchase Agreement

HOUSTON, July 30, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) through its subsidiary, Cheniere Marketing International LLP ("Cheniere Marketing"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Central El Campesino, under which Central El Campesino would purchase approximately 0.6 million tonnes per annum ("mtpa") of LNG delivered ex-ship for 20 years beginning in 2019 from the Corpus Christi Liquefaction Project currently [Read more]