BOE Report

CONSOL Energy Declares Regular Quarterly Dividend of $0.01 per Share

PITTSBURGH, July 29, 2015 /PRNewswire/ -- CONSOL Energy Inc.'s (NYSE: CNX) Board of Directors declared a regular quarterly dividend of $0.01 per share, payable on August 24, 2015, to shareholders of record on August 10, 2015. CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian [Read more]

Recon Technology Enters into Memorandum of Understanding to Acquire an Oilfield Service Company in Qinghai

BEIJING, July 29, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it, along with its wholly-owned PRC subsidiary, Recon Hengda Technology (Beijing) Co., Ltd., has entered into a memorandum of understanding (the "MOU") with Qinghai Huayou Downhole Technologies Co., Ltd. ( "QHHY"), a PRC corporation and oilfield service provider in Qinghai province. Pursuant [Read more]

Ecopetrol announces important hydrocarbon discovery in Colombian Caribbean ultra-deepwater

BOGOTA, Colombia, July 28, 2015 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) informs that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian south Caribbean area. This discovery proves the geological model proposed for an unexplored area with high hydrocarbon potential. Kronos-1 is located in block Fuerte Sur, 53 Kilometers (33 miles) offshore, where partners Anadarko, operator, and Ecopetrol, each hold 50% [Read more]

U.S. Silica Holdings, Inc. Announces Second Quarter 2015 Results

FREDERICK, Md., July 28, 2015 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $10.0 million or $0.19 per basic and $0.18 per diluted share for the second quarter ended June 30, 2015 compared with net income of $28.7 million or $0.53 per basic share and diluted share for the second quarter of 2014. The second quarter earnings per share included a tax benefit of $0.12 per share, which was the result of an update to the estimated annual effective tax rate from [Read more]

Anadarko Announces Second-Quarter 2015 Results

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]