April 1, 2015

Tesco Corporation (TESO) (“TESCO” or the “Company”) today reported a net loss of $2.1 million, or $(0.05) per diluted share, for the fourth quarter ended December 31, 2014. Adjusted net income for the quarter was $4.8 million, or $0.12 per diluted share, which excludes the impact of certain foreign currency losses, certain warranty and legal reserves, asset valuation charges against our

Story by Bloomberg Petroleo Brasileiro SA, the world’s most indebted oil producer, is turning to China for funding as a corruption scandal keeps it out of international bond markets. Petrobras, as Brazil’s state-run driller is known, signed a contract with the China Development Bank as part of a $3.5 billion agreement to be implemented this year and next. “Both parties

Encana Corporation (“Encana”) and the Cutbank Ridge Partnership (“CRP”), a partnership between Encana and a subsidiary of Mitsubishi Corporation, have completed the previously announced sale of certain natural gas gathering and compression assets supporting development in the Montney area of northeastern British Columbia to Veresen Midstream Limited Partnership (“Veresen Midstream”), a 50/50 limited partnership of Veresen Inc. and affiliates of

Sanchez Energy Corporation (SN) (“Sanchez Energy” or the “Company”) announced today that it has received commitments from its lending group to change the borrowing base under its $1.5 billion first lien revolving credit facility from $650 million to $550 million with an unchanged elected commitment of $300 million, effective immediately. This borrowing base change reflects the effect of the recently announced