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LINN Energy announces second quarter 2015 results

LINN Energy, LLC (NASDAQ:LINE) ('LINN' or the 'Company') and LinnCo, LLC (NASDAQ:LNCO) ('LinnCo') announced today financial and operating results for the three months ended June 30, 2015, the intent to recommend suspension of LINN's distribution and LinnCo's d ...

Sterling Energy completes acquisition of 40.5% interest in Block C-3, Mauritania

Sterling Energy plc (Ticker Symbol: SEY), the AIM listed upstream oil and gas company with interests in Africa, announces that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary, Sterling Energy Mauritania Lim ...

LGX Oil + Gas provides update on 2015 drilling commitments and recent Alberta activity results

LGX Oil + Gas Inc. (TSXV: OIL) is pleased to provide further operational updates on the 2015 drilling commitments and production results from recent southern Alberta activity. LGX has executed an agreement with Kainai Energy Limited Partnership by its general ...

Platts Survey Suggests U.S. EIA Data will Show an Injection to Natural Gas Stocks of 53 to 57 Bcf

The U.S. Energy Information Administration (EIA) is expected to estimate a natural gas storage injection between 53 and 57 billion cubic feet (Bcf) for the reporting week that ended July 21, according to a consensus of analysts surveyed by Platts. EIA plans t ...

Antero Resources announces second quarter 2015 financial results

Antero Resources Corporation (NYSE: AR) today released its second quarter 2015 financial results. Highlights for the Second Quarter of 2015: Net daily gas equivalent production averaged 1,484 MMcfe/d, a 67% increase compared to the prior year quarter and flat ...

AltaGas reports second quarter results; advances its Northeast BC projects and LPG export's off Canada's West Coast

Highlights $1 billion investment in energy infrastructure in British Columbia over the next two years; Began construction of $350 million Townsend gas facility; Exclusivity agreement for LPG export site in British Columbia; Development process underway for liq ...

Kicking Horse Energy announces CFO resignation

Kicking Horse Energy Inc. (TSX VENTURE: KCK) announces that Chad Kalmakoff has resigned as the Company's Vice President of Finance and Chief Financial Officer in order to pursue a specific career opportunity. Kicking Horse would like to thank Mr. Kalmakoff fo ...

US Shale Oil: drilling productivity and decline rates

Summary The EIA drilling productivity report has been used to estimate decline rates in the Bakken, Eagle Ford and Permian light tight oil (LTO or shale) plays (Figure 1). The objective is to estimate how far production will fall in these plays in light of the ...

Rosneft files joint bid with ExxonMobil for Mozambique License Round

RN-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Naciona ...

ConocoPhillips reports second quarter 2015 results; net loss of $179 million

ConocoPhillips (NYSE:COP) today reported a second-quarter 2015 net loss of $179 million, or ($0.15) per share, compared with second-quarter 2014 earnings of $2.1 billion, or $1.67 per share. Excluding special items, second-quarter 2015 adjusted earnings were $ ...

Occidental Petroleum announces second quarter 2015 results

Occidental Petroleum Corporation (NYSE: OXY) announced core income for the second quarter of 2015 of $165 million ($0.21 per diluted share), compared with $31 million ($0.04 per diluted share) for the first quarter of 2015 and $1.1 billion ($1.38 per diluted s ...

WIlliams reports second quarter 2015 results; adjusted EBITDA of $1.02 billion

Williams (NYSE: WMB) today announced second-quarter 2015 adjusted EBITDA of $1.02 billion, compared with $770 million in second quarter 2014, an increase of $247 million, or 32 percent. The increase reflects higher adjusted EBITDA for Williams Partners result ...

Whiting Petroleum Corporation announces financial and operating results; record production, adjusted net income of $9.2 million

Record Q2 2015 Production of 170,245 BOE/d, a 2% Increase over Q1 2015; Exceeds High End of Guidance Despite 8,300 BOE/d Property Sales Adjusted Net Income of $9.2 Million or $0.04 per Diluted Share Q2 2015 Discretionary Cash Flow Totals $380.7 Million, a 53% ...

Drillsearch Energy - Exciting upside

Drillsearch Energy has a balance of near-term oil cash flow generation, a multitude of wet gas opportunities as well as unconventional upside. As of 1 July 2015, Drillsearch had produced 3mmboe and had a 74% success rate with the drill bit with 12 new discover ...
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