Category Archives: News

Where To Look For Value This Earnings Season

It’s that time again! A few weeks after the end of each calendar quarter-year, we enter what is known as earnings season, when quarterly results for corporations come thick and fast. As much as we like to kid ourselves that there is some hidden driver of stock prices that only we know, the reality is that they are simply a ...


Oil Stocks To Watch As Geopolitical Risk Mounts

This week in oil news continue to deliver nothing but ‘green lights’ for investors, and keeps me convinced as I have been for several weeks now that every dip in oil prices – and oil stock prices – is an opportunity to position oneself aggressively for the medium term. One story that added to my bullish attitude has been ongoing ...


Syrian Rebels Relinquish Control Of Major Gas Field

U.S.-backed rebel forces handed control of Syria’s largest gas field to Russian forces yesterday, following talks between Russian and Kurdish officials in northeast Syria, according to a new report by Zero Hedge. The senior officials recently met in Qamishli, possibly landing on a commercial deal for control of the major Syrian fossil fuel asset.  The Conoco gas ...


Schlumberger Warns Of Moderating Investment In North America

Schlumberger (NYSE:SLB) reported on Friday a higher net profit for the third quarter, driven by North America’s onshore—but the world’s largest oilfield services group now warns that investment appetite in North America is moderating as drillers focus on financial returns instead of volume. Schlumberger’s diluted earnings per share (EPS)—excluding integration charges—came in at $0.42 in the third quarter, up ...


Worker killed at Suncor’s Millennium oil sands mine

A contractor was killed in an incident at Suncor Energy's Millennium oil sands mine near Fort McMurray, northern Alberta, on Friday morning, a Suncor spokeswoman said. The worker, who was a contractor for Aecon Group Inc , was involved in excavation activities in one area of Suncor's 350,000 barrel per day base plant site, spokeswoman [Read More…]

Source: BOE Report

Contractor killed at Suncor Energy mining site north of Fort McMurray

FORT MCMURRAY, Alta. – A contract worker died Friday at Suncor Energy’s Millennium oilsands mine north of Fort McMurray. Alberta labour spokesman Trent Bancarz said the man in his 30s was digging a trench when he was buried. His name was not released The man was employed by Aecon (TSX:ARE) Mining, which said it was [Read More…]

Source: BOE Report

Matador Resources Piles Up More Delaware Basin Acres

Matador Resources Co. (NYSE: MTDR) continues to expand its Delaware Basin boundaries, adding about 6,600 net acres in Eddy and Lea counties, N.M., at about $7,800 per acre, the company said. So far in 2017, Matador’s A&D activity stands to add 28% more acreage to its position. The $38 million deal will be paid from the proceeds of ...

Source: Feeds

U.S. natural gas prices under pressure even as stocks tighten

LONDON, Oct 20 (Reuters) – U.S. natural gas stocks continue to tighten, but most traders appear unconcerned, with futures prices for gas delivered this winter close to the lowest levels since the start of the year. Working gas stocks in underground storage were 35 billion cubic feet (bcf) below the five-year average at 3,646 bcf [Read More…]

Source: Headlines – BOE Report

Brazil – Rio De Janeiro: Principal Engineer – Dynamic Riser Technology (190512), Research & Development

Establish and execute Research & Developemnt projects

Identify new business needs, technology gaps and opportunities

Implement technology in close collaboration with key stakeholders and customers

Provide technical services to development projects and assets in operation

Maintain a seamless link to the relevant experts within riser technology in Statoil

Establish and maintain network with operators, suppliers and universities in Brazil


Source: Statoil - Vacant positions

Brazil – Rio De Janeiro: Intern HR (9685), People and Leadership

The overall responsibility is: Assist the People & Leadership team to deliver support to and challenge leaders in Statoil Brasil

And the key tasks are:
Provide support to People & Leadership Leaders in delivery of human resource processes within PL responsibility

Assist with management and analysis of data for competence and workforce planning deliveries

Liason with Human Resources unit to ...

Source: Statoil - Vacant positions

Shell Restarts Bonny Light Exports

Shell Nigeria has lifted the latest force majeure off its Bonny Light exports, which was introduced a month ago after a leak was discovered in one of the two pipelines that carry the grade to the company’s Bonny export terminal. This was the latest in a string of force majeure events over the last year for the crude oil grade, ...


US Democrats Fail To Block Arctic Reserve Oil Drilling

U.S. Senate Democrats on Oct. 19 failed to pass a measure to block oil and gas drilling in part of the Arctic National Wildlife Reserve, losing to Republicans who believe production there would provide jobs and wealth. An amendment blocking the development failed 48-52, mostly along party lines. A lone Republican, Senator Susan Collins of Maine, supported the measure. ...

Source: Feeds

Chesapeake Energy Corporation Declares Quarterly Preferred Stock Dividends And Provides 2017 Third Quarter Earnings Conference Call Information

OKLAHOMA CITY, Oct. 20, 2017 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May [Read More…]

Source: BOE Report

Oil price, Jersey Oil and Gas, President Energy, Wentworth Resources, BP And finally…

WTI $51.29 -75c, Brent $57.23 -92c, Diff -$5.94 -17c, NG $2.87 +2c Oil price The market ran out of steam yesterday, there was no shortage of good news but a combination of profit taking and a lessening of geopolitical risk

The post Oil price, Jersey Oil and Gas, President Energy, Wentworth Resources, ...

Source: Malcy's Blog

Apache Corporation to Release Third-Quarter 2017 Results Nov. 2

HOUSTON, Oct. 19, 2017 (GLOBE NEWSWIRE) — Apache Corporation (NYSE:APA) (Nasdaq:APA) will release third-quarter results on its website at and as well as on Twitter (@ApacheCorp) at 7 a.m. Central time Thursday, Nov. 2, 2017, followed by a conference call to discuss its results at 1 p.m. Central time. To assist analysts in [Read More…]

Source: BOE Report

British Utility Companies Brace For Major Reforms

The United Kingdom’s gas and electric companies are due for massive reforms in the coming months, according to an announcement by the country’s energy regulator this week. The “radical reforms,” as labelled by the Guardian, seek to make the cost of energy more affordable for the nation’s residents. “Change is coming whether the industry likes it or not,” Ofgem CEO ...


Blackbird Energy Inc. Announces the Appointment of Karen Minton as Chief Financial Officer

CALGARY, Alberta, Oct. 19, 2017 (GLOBE NEWSWIRE) — (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce the appointment of Karen Minton as Chief Financial Officer of the Company, effective immediately. “I am delighted to have Karen join the Blackbird team and look forward to working with her. Karen joins us at [Read More…]

Source: Headlines – BOE Report

Approach Resources Inc. Schedules Third Quarter 2017 Earnings Call, Provides Operational and Guidance Update

FORT WORTH, Texas, Oct. 19, 2017 (GLOBE NEWSWIRE) — Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 3, 2017.  The Company also provided an update on recent well results and updated estimates for third quarter and full year 2017.  The Company [Read More…]

Source: BOE Report

Beyond Limits Appoints New Head Of Oil and Gas Technologies

Dr. Shahram Farhadi will lead cognitive AI leader’s efforts in the energy sector. GLENDALE, Calif., Oct. 16, 2017 /PRNewswire/ — Beyond Limits, an artificial intelligence (AI) and cognitive computing company, today announced it has appointed Dr. Shahram Farhadi as the Head of Oil and Gas Technologies. Shahram will lead Beyond Limits ...

Source: Tradequip Blog & Oilfield Industry News