Ontario will join California and Quebec in a cap and trade system to reduce greenhouse gas emissions Kathleen Wynne, the Premier of Ontario, announced that the province will be joining Quebec and California as part of a cap and trade system to reduce greenhouse gas emissions. Ontario will be joining as a participating member of the Western Climate Initiative, which
Laredo Petroleum, Inc. (LPI) (“Laredo” or the “Company”) will host an investor meeting today in Houston, TX to discuss the Company`s business strategies, details on key projects and plans for growth. Update Highlights Announced preliminary production volumes of 4.27 million barrels of oil equivalent (“MMBOE”) for the first quarter of 2015, a Company record and an increase of approximately 47%
Noble Energy, Inc. (NYSE: NBL) today announced that it has acquired a 75 percent interest and operatorship of the PL001 License in the North Falkland Basin from Argos Resources Limited. The PL001 License covers an area of nearly 285,000 gross acres and is located to the northwest of the PL032 License, which includes the Sea Lion oil discovery. Edison International SpA
Story by the Associated Press The federal government began the review process Friday on Royal Dutch Shell’s plans to continue a drilling program it halted in 2012 in Arctic waters off Alaska’s northern shore. Shell wants to restart its drilling program in the Chukchi Sea, including drilling six wells in about 140 feet of water, located about 125 miles west
Pulse Seismic Inc. (“Pulse” or “the Company”) reports its preliminary selected unaudited financial and operating results for the three months ended March 31, 2015 . These financial results are based on management’s estimates and have not yet been approved by the Company’s Audit Committee or Board of Directors or reviewed by the Company’s auditors. Pulse expects to release its full
Northern Oil and Gas, Inc. (NYSE MKT: NOG) (“Northern”) today announced that its bank syndicate group reaffirmed and maintained the existing $550 million borrowing base under Northern’s revolving credit facility during the semi-annual redetermination period. In addition, the bank group agreed to amend certain financial covenants. The 4.0x total debt to EBITDAX covenant was removed and replaced with a secured
Story by the San Antonio Express News West Texas ranchers and landowners are up in arms over plans to build a natural gas pipeline through pristine lands of the state’s Big Bend region. A consortium of two companies owned by billionaire businessmen has won a $767 million contract to build a 143-mile pipeline through mostly private ranch land. Rancher Mary
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