All posts by InboundRSS

Latest Legal Fight Accusing Oil Producers Of Climate Change Launched In Colorado

Three Colorado communities filed a lawsuit against oil companies on April 17, launching the latest legal battle seeking damages for what they claim are the costs of adapting to climate change. The lawsuit, filed in Colorado by the city of Boulder and the counties of San Miguel and Boulder, accuses Suncor Energy Inc. (NYSE: SU) and ExxonMobil Corp. (NYSE: XOM) ...

Source: Oilandgasinvestor.com Feeds

WildHorse Resource Development Corporation Announces Launch of $200 Million Offering of Additional 6.875% Senior Notes Due 2025

HOUSTON–(BUSINESS WIRE)–WildHorse Resource Development Corporation (NYSE: WRD) announced today that, subject to market conditions, it intends to offer $200 million in aggregate principal amount of its 6.875% Senior Notes due 2025. The additional senior notes are expected to rank equally with, and be treated under the Indenture as a single class of debt securities with, [Read More…]

Source: BOE Report

Pengrowth Provides Update to Exchange Listings to Align With Its New Focus

CALGARY, Alberta, April 18, 2018 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announces that after careful consideration and in contemplation of the previous delisting notices received by Pengrowth from the New York Stock Exchange (NYSE), the Board of Directors of Pengrowth has decided not to take any further steps towards the implementation of [Read More…]

Source: BOE Report

The Big Melt is (finally) on! Want to know if your pipeline water crossings are going to be affected?

Did you know that there are over 314,000 pipeline water crossings in Western Canada? Do you know how many of them impact your pipelines? We can tell you. With the spring melt finally on (hopefully!) it’s time to bring pipeline water crossing management to the forefront of your overall integrity management program. Backed by Explore [Read More…]

Source: BOE Report

Oil prices rise on lower US crude inventories, global supply risks

Oil prices rose onWednesday, lifted by a reported fall in U.S. crude inventoriesand by the ongoing risk of supply disruptions. Brent crude oil futures were at $72.17 per barrel at0539 GMT, up 59 cents, or 0.8 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures wereup 59 cents, or 0.9 percent, at [Read More…]

Source: BOE Report

Statoil’s share saving plan allocates shares

The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 13 April 2018 for use in the group’s Share Saving Plan have on 18 April 2018 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 8,691,855 shares. As participants in the [Read More…]

Source: BOE Report

Oil prices edge up on lower US crude inventories, global supply risks

Oil prices edged up onWednesday, lifted by a reported fall in U.S. crude inventoriesand by the ongoing risk of supply disruptions. Brent crude oil futures were at $71.90 per barrel at0117 GMT, up 32 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures wereup 33 cents, or 0.5 percent, [Read More…]

Source: BOE Report

Birchill Canada – Success in the Spirit River

CALGARY, April 17, 2018 /CNW/ – Birchill Canada is pleased to report that its 100% owned shallow-cut gas plant was placed on production this past weekend. The gas plant is located in the Brazeau/Chambers area at 4-13-43-13W5 with current capacity of 45 Mmcf/d; expandable to 100 Mmcf/d. The plant is tied in via meter station directly to [Read More…]

Source: BOE Report

Can Saudi Arabia Afford Its Megaprojects?

Most headlines with "Saudi Arabia" in them seem to feature a hefty sum of money. A US$500-billion smart city here, a US$200-billion solar project there--it's beginning to look like Saudi Arabia wouldn't even look at a project if it costs less than a billion dollars. One also gets the distinct feeling that Saudi Arabia is still an extremely rich nation ...

Source: Oilprice.com

Colorado communities launch lawsuit claiming Suncor climate change damages

CALGARY – Three Colorado communities have filed a lawsuit demanding that Calgary-based Suncor Energy Inc. and U.S. giant Exxon Mobil Corp. “pay their fair share” of costs associated with climate change. In a U.S. court filing, the communities of Boulder County, San Miguel County and the City of Boulder claim the two oil companies have [Read More…]

Source: BOE Report

Rosehill Resources Inc. Announces Fourth Quarter and Full Year 2017 Conference Call Date

HOUSTON, April 17, 2018 (GLOBE NEWSWIRE) — Rosehill Resources Inc. (“Rosehill” or the “Company”) (NASDAQ:ROSE) (NASDAQ:ROSEW,) (NASDAQ:ROSEU) announced that it will be hosting a conference call on Wednesday, April 18, 2018 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss its fourth quarter and full year 2017 financial and operating results. Interested parties [Read More…]

Source: BOE Report

Rosehill Resources Inc. Announces Fourth Quarter and Full Year 2017 Results; Recent Production Increases to Over 15,000 Net BOE Per Day

HOUSTON, April 17, 2018 (GLOBE NEWSWIRE) — Rosehill Resources Inc. (“Rosehill” or the “Company”) (NASDAQ:ROSE) (NASDAQ:ROSEW) (NASDAQ:ROSEU) today reported operational and financial results for the fourth quarter and full year 2017 and 2018 key items. Fourth Quarter and Full Year 2017 Highlights: Reported a net loss attributable to Rosehill of $5.3 million, or $0.87 per [Read More…]

Source: BOE Report

Jones Energy, Inc. Declares Contingent Convertible Preferred Stock Dividend

AUSTIN, Texas, April 17, 2018 (GLOBE NEWSWIRE) — Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) today announced that its Board of Directors has declared a contingent quarterly dividend per share equal to 8.0% on an annualized basis based on the liquidation preference of $50.00 per share, or $1.00 per share, on the Company’s [Read More…]

Source: BOE Report

Ring Energy, Inc. Releases First Quarter 2018 Operations Update

MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) today released its operations update for the first quarter of 2018. In the three months ended March 31, 2018, the Company drilled 12 new horizontal San Andres wells, one new horizontal Brushy Canyon well, three saltwater disposal wells, and was in the process of drilling [Read More…]

Source: BOE Report

PetroQuest Energy Receives Continued Listing Standard Notice From NYSE

LAFAYETTE, La., April 17, 2018 (GLOBE NEWSWIRE) — PetroQuest Energy, Inc. (the “Company”) (NYSE:PQ) announced that it received notice from NYSE Regulation that it is not in compliance with the continued listing standards set forth in Section 802.01C of the Listed Company Manual of the New York Stock Exchange, Inc. (the “NYSE”) because the average [Read More…]

Source: BOE Report

For 15 Years, Energy Transfer Partners Pipelines Leaked an Average of Once Every 11 Days: Report

Bayou Bridge pipeline construction through Louisiana wetland

5,475 days, 527 pipeline spills: that's the math presented in a new report from environmental groups Greenpeace USA and the Waterkeeper Alliance examining pipelines involving Dakota Access builder Energy Transfer Partners (ETP). It's based on public data from 2002 to 2017.

Source: DeSmogBlog

Venezuela Arrests Two Chevron Employees Amid Oil Industry Purge

Venezuela arrested two Chevron Corp. (NYSE: CVX) executives, the U.S. oil major said on April 17, in what appeared to be the first arrests of a foreign oil company’s direct employees during a purge of alleged graft in the OPEC nation. Venezuelan intelligence agents arrested the two Venezuelan employees, who worked for the Petropiar joint venture, in the coastal ...

Source: Oilandgasinvestor.com Feeds