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Marquee Energy announce an operations update and the renewal of its credit facility
Marquee Energy Ltd. (TSXV: "MQL") (OTCQX: MQLXF) is pleased to announce an operations update and the renewal of its credit facility. Marquee has entered into a syndicated credit facility agreement with two Canadian Chartered banks that provides a total credit ...
North America | Tuesday, July 29, 2014
Tuscany Energy confirms sales volumes for Q2 2014 and a five well heavy oil drilling program
Tuscany Energy Ltd. (TSX VENTURE:TUS) report that the Company's average sales volumes for the second quarter of 2014 were approximately 750 BOED. Having closed its recent $3.0 million financing, the Company has commenced drilling operations on a heavy oil drilling ...
North America | Tuesday, July 29, 2014
Buckeye Partners announces agreement to sell its interests in Lodi Gas Storage, L.L.C.
Buckeye Partners, L.P. (NYSE:BPL) announce that it has signed a purchase and sale agreement to sell all of the outstanding limited liability company interests in Lodi Gas Storage, L.L.C. ("Lodi") to Brookfield Infrastructure and its institutional partners (&qu ...
North America | Tuesday, July 29, 2014
As cash flow flattens, major energy companies increase debt, sell assets
Source: U.S. Energy Information Administration, based on Evaluate Energy database Note: Annualized means each point on the graph is the sum of the previous four quarters. Thus, the first-quarter 2014 results on an annualized basis mean the data represent the sum of the ...
North America | Tuesday, July 29, 2014
Chesapeake Energy announces transactions increasing exposure to Powder River Basin oil growth and reducing balance sheet complexity
Chesapeake Energy Corporation (NYSE:CHK) announced today that it has entered into an agreement with RKI Exploration & Production, LLC (RKI) to exchange nonoperated interests in approximately 440,000 gross acres in the Powder River Basin (PRB) in southeastern Wyoming. Un ...
North America | Tuesday, July 29, 2014
CONSOL Energy reports second quarter results
CONSOL Energy Inc. (NYSE: CNX) reported a net loss of $25 million for the quarter ended June 30, 2014, or ($0.11) per diluted share. This is compared to a net loss of $13 million, or ($0.05) per diluted share from the year-earlier quarter. Adjusted EBITDA1 was $246 mill ...
North America | Tuesday, July 29, 2014
Petrofac secures £5 million maintenance build contract for Shah Deniz 2 project
Petrofac, the international oil & gas facilities service provider, has secured a contract with the BP-operated prestigious Shah Deniz 2 project to provide their maintenance build capabilities. The contract, valued at around £5 million, covers new onshore, offshore ...
Russia FSU | Tuesday, July 29, 2014
Talisman Energy announces second quarter results
alisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the second quarter of 2014. All values are in US$ unless otherwise stated. "During the past two years we have focused our efforts and capital on a strong portfolio ...
North America | Tuesday, July 29, 2014
Hydrodec - Continuing to execute on strategy
Hydrodec continues to make progress towards its strategic goals while preparing to restart re-refining in the US in Q414. Management has made substantial progress on negotiating the insurance claim for the incident that has halted re-refining at the Ohio site since Dece ...
West Europe | Tuesday, July 29, 2014
FortisBC selects contractor for $400 million Tilbury Liquefied Natural Gas (LNG) Facility Expansion Project
FortisBC Energy Inc. announced that it has selected Bechtel Canada Co. ("Bechtel") as the contractor for its Tilbury LNG Facility Expansion Project in Delta, B.C. (the "Project"). The selection of Bechtel took place after a competitive procurement p ...
North America | Tuesday, July 29, 2014
Petro One announces drilling Joint Venture
Petro One Energy Corp. (TSX VENTURE:POP)(PINKSHEETS:CUDBF)(FRANKFURT:C6K1) has entered into a Program Earning and Joint Venture Agreement (the "Agreement") with Korea Myanmar Development Corporation ("KMDC") which provides for a $4,000,000 private pl ...
North America | Tuesday, July 29, 2014
Range Resources Corporation announces second quarter 2014 results
Range Resources Corporation (NYSE: RRC) announced its second quarter 2014 financial results. Commenting on the announcement, Jeff Ventura, Range's President and CEO, said, "We have confidence in our ability to grow our net production to 3 Bcfe per day, nearly ...
North America | Tuesday, July 29, 2014
Oil price, BP, Sound Oil, Savannah Petroleum and finally...
Oil price It may be a two blog day today, a rare occurrence but with the BP figures this morning its been hectic and I am off to start my new series of CEO interviews on TipTV at 1030. Later I will address the 14th round announced yesterday as well and don't think ...
West Europe | Tuesday, July 29, 2014
Beach Energy ends financial year with multiple records
Beach Energy Limited (ASX: BPT, 'Beach') advises of the following guidance range in relation to the financial year 2015 ('FY15'): Production - 8.6 to 9.4 MMboe Capital expenditure - $450 to $500 millionThe above guidance has resulted from the annual s ...
Australasia | Tuesday, July 29, 2014
Samson Oil & Gas provide operational advisory
TOTAL COMPANY PRODUCTION Samson net production for 2014 is as follows: JAN FEB MARCH APRIL MAY JUNE OIL, BO 5,767 12,180 11,154 15,775 16,654 17,943 GAS, MCF 16,323 17,016 13,067 11, ...
North America | Tuesday, July 29, 2014
Savannah Petroleum announces its intention to float on the AIM Market of the London Stock Exchange
Savannah Petroleum announces its intention to proceed with an initial public offering (the 'IPO' or 'Offer') and to apply for admission of its ordinary shares to trading on the AIM of the London Stock Exchange. Savannah is involved in the exploration, a ...
West Europe | Tuesday, July 29, 2014