BOE Report

Legacy Reserves Inc. Reaches Second Forbearance Agreement With RBL And Second Lien Lenders

MIDLAND, Texas, June 7, 2019 /PRNewswire/ -- Legacy Reserves Inc. (NASDAQ: LGCY) ("Legacy", and collectively with its subsidiaries, the "Company") announced today that the Company has entered into second forbearance agreements (the "Second Forbearance Agreements") with its lenders under its reserve based revolving credit facility ("RBL Lenders") and its lenders under its second lien term loan ("Second Lien Lenders").  As previously announced, on May 31, 2019, the Company entered into forbearance [Read more]

Pembina Pipeline Corporation Declares Common Share Dividend

CALGARY, June 6, 2019 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for June 2019 of $0.20 per share to be paid, subject to applicable law, on July 15, 2019 to shareholders of record on June 25, 2019. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]

Vistra Energy Prices Upsized Private Offering of $1.3 Billion of Senior Notes; Announces Cash Tender Offer

IRVING, Texas, June 6, 2019 /PRNewswire/ -- Vistra Energy Corp. (NYSE: VST) (the "Company" or "Vistra Energy") announced today the pricing of an upsized private offering (the "Offering") of $1.3 billion aggregate principal amount of senior notes due 2027 (the "New 2027 Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The New [Read more]

Pulse Oil Corp. Announces Successful Bigoray Production Test, Additional Cashflow and EOR Advancements

CALGARY, June 5, 2019 /PRNewswire/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce an operational update on successful production results from Pulse's two new wells drilled within the Company's Bigoray assets (Pulse: 100%) located in Central Alberta. Pulse spudded two wells at its 100% controlled Bigoray site in Q1 of 2019 and is happy to report both wells were safely and successfully drilled and completed, with permanent production expected to [Read more]

Vistra Energy Prices Upsized Private Offering of $2.0 Billion of Senior Secured Notes

IRVING, Texas, June 4, 2019 /PRNewswire/ -- Vistra Energy Corp. (NYSE: VST) (the "Company" or "Vistra Energy") announced today the pricing of an upsized private offering (the "Offering") of $2.0 billion aggregate principal amount of senior secured notes, consisting of $1.2 billion aggregate principal amount of senior secured notes due 2024 at a price to the public of 99.807% of their face value (the "2024 Notes") and $800 million aggregate principal amount of senior secured notes due 2029 at a [Read more]

Enbridge Statement on Future of Line 5 in Michigan

CALGARY, May 30, 2019 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today addressed statements made yesterday by the Michigan Attorney General and Governor about our joint efforts with the State on the proposed construction of an underground tunnel that would ultimately house a replacement of the existing Line 5 pipelines across the Straits of Mackinac, which have always operated safely. In recent meetings and in a letter to the Governor, Enbridge has [Read more]

Pulse Oil Corp. Announces Successful Queenstown Production and Increasing Cashflow

CALGARY, May 22, 2019 /PRNewswire/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce an operational update on successful production results from Pulse's Queenstown assets located in Southern Alberta. Queenstown Results Exceed Expectations As part of Pulse's light-oil drilling campaign these first two Queenstown wells targeted Pulse's newly defined 3-D seismic lithic sandstone channels, which are the highest quality reservoirs within the Mannville [Read more]

PANHANDLE OIL AND GAS INC. Announces Dividend Payment

OKLAHOMA CITY, May 16, 2019 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced that its Board of Directors, at its May 15, 2019, meeting, approved a payment of the regular 4 cents per share quarterly dividend. The dividend will be payable on June 18, 2019, to shareholders of record on June 4, 2019. Panhandle Oil and Gas Inc. (NYSE: PHX) Oklahoma City-based, Panhandle Oil and Gas Inc. is an oil and natural gas mineral and leasehold acreage-focused capital allocator seeking the [Read more]

Anadarko Declares Dividend

HOUSTON, May 15, 2019 /PRNewswire/ -- The board of directors of Anadarko Petroleum Corporation (NYSE: APC) today declared a quarterly cash dividend on the company's common stock of 30 cents per share, payable June 26, 2019, to stockholders of record at the close of business on June 12, 2019. The amount of future dividends for Anadarko common stock will depend on earnings, financial condition, capital requirements and other factors. The board of directors will determine dividends on a quarterly [Read more]

Pacific Oil & Gas Ltd. To Acquire Canbriam Energy Inc.

CALGARY, May 13, 2019 /PRNewswire/ - Canbriam Energy Inc. ("Canbriam") and Pacific Oil and Gas Ltd. ("PO&G") today jointly announce the signing of definitive documents for the acquisition by PO&G of all of the issued and outstanding shares of Canbriam for cash consideration (the "Transaction"). Canbriam's Board of Directors has provided unanimous approval of the Transaction, and all of the officers, directors and significant shareholders of Canbriam representing greater than 90 percent [Read more]