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Thursday, July 30, 2015

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 dividend an ...
North America | Thursday, July 30, 2015

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 Limited and T ...
Africa | Thursday, July 30, 2015

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 partner K ...
North America | Thursday, July 30, 2015

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 to announce ...
North America | Thursday, July 30, 2015

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 compared ...
North America | Thursday, July 30, 2015

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 liquids hub i ...
North America | Thursday, July 30, 2015


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 sharp dec ...
North America | Thursday, July 30, 2015

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 Nacional de Petr& ...
Africa | Thursday, July 30, 2015

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 $81 million ...
North America | Thursday, July 30, 2015

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 share) for ...
North America | Thursday, July 30, 2015

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 resulting from t ...
North America | Thursday, July 30, 2015

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% Increase ...
North America | Thursday, July 30, 2015

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 discoveries. A div ...
Australasia | Thursday, July 30, 2015

Cape secures Clair Ridge contract with BP

Cape plc, an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to extend our current relationship with BP with the award of a new Clair Ridge contract for £9.8m, with further future phases ...
West Europe | Thursday, July 30, 2015

Jupiter Energy provides quarterly update

Jupiter Energy Limited (ASX: 'JPR', AIM: 'JPRL' and KASE: 'AU_JPRL') presents the following update on activities for the 3 month period ending 30 June 2015. Also included in this report are details of subsequent events that have occurred up to the date of this release. ...
Russia FSU | Thursday, July 30, 2015

Oil price, Shell, Sundry-Anadarko-Cape-TipTV on IOG,BLVN,VOG,AMER,PANR, And finally...

Oil price WTI rose for the first time in five trading sessions yesterday after a set of inventory stats yet again flummoxed Wall Street's finest. The EIA numbers came in with a stock draw of 4.2m barrels with the teenage scribblers having crayoned in a small rise, bett ...
West Europe | Thursday, July 30, 2015
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