Marlin Midstream Partners, LP Changes Name to Azure Midstream Partners, LP and Expects to List Its Common Units on the New York Stock Exchange Marlin Midstream Partners, LP (FISH) announced that effective immediately it changed its name from Marlin Midstream Partners, LP to Azure Midstream Partners, LP (“Azure”). The change is being made to give aligned identity to the Azure
Looking at Increasing Drilling and Completions in 2015 and 2016 Cimarex Energy (ticker: XEC) is offering six million shares of common stock at a price of $109 per share, the company announced on May 20, 2015. Including the greenshoe offering of 0.9 million shares, Cimarex will generate total proceeds of $752.1 million, not including underwriting fees. According to the company
Two-Part Release Dominion Resources, Inc. (NYSE:D), today announced the sale of an aggregate of 2,800,000 shares of its common stock through a registered underwritten public offering to UBS Securities LLC, as the sole underwriter for this offering. The net proceeds from the offering will be used for general corporate purposes, to finance capital expenditures and to repay short term debt including
Liza-1 well encounters more than 295 feet of high-quality oil-bearing sandstone reservoirs Well is first on 6.6-million acre Stabroek Block and drilled to 17,825 feet Exxon Mobil Corporation (XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered
Story by CBC B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia’s Petronas, for a liquefied natural gas development on the province’s northwest coast. Clark said the LNG framework will result in stable, long-term revenue for B.C. and $36 billion in investment, including a proposal for an LNG facility near Prince Rupert.
Utah energy advisor says new regulations are legally and pragmatically faulty Utah’s Governor Gary Herbert announced that his state will be joining North Dakota, Colorado and Wyoming in their lawsuit against new federal rules regarding new hydraulic fracturing regulations on federal lands. OAG360® spoke with both Gov. Herbert and his energy advisor, Cody Stewart, about the matter recently. Stewart told
Pushing for larger share of offshore oil and gas revenues Alaska’s Senator Lisa Murkowski put forward new legislation last week that hopes to bring more revenue from oil and natural gas production on Alaska’s outer continental shelf (OCS) back to the state. The bill, S. 1278, will “ensure revenue sharing for the state and coastal communities and invest in the
Commentary Story by The Wall Street Journal The United States faces a startling array of global security threats, demanding national resolve and the resolve of our closest allies in Europe and Asia. Iran’s moves to become a regional hegemon, Russia’s aggression in Ukraine, and conflicts driven by Islamic terrorism throughout the Middle East and North Africa are a few of
Blackbird Energy Inc. Announces Summer Drill Program and Appointment of New Independent Director Blackbird Energy Inc. (“Blackbird” or the “Company“) (TSX VENTURE:BBI) is very pleased to announce a summer drill program consisting of one horizontal well targeting the condensate-rich Middle Montney at its Elmworth Montney project which consists of a 100% working interest in 81 sections (51,840 acres). The well
Lower crude prices and higher demand for gasoline driving higher margins Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. A recent note from the Energy Information Administration (EIA), looked at crack spreads in order to get an idea of refiner profitability. In April 2015, wholesale conventional gasoline in
Blackbird Energy Inc. (TSX VENTURE:BBI)(“Blackbird” or the “Company“) is very pleased to announce a summer drill program consisting of one horizontal well targeting the condensate-rich Middle Montney at its Elmworth Montney project which consists of a 100% working interest in 81 sections (51,840 acres). The well is a 5.6 km (3.5 mile) easterly step out from the first two Blackbird
Petrobras informs that it has signed yesterday with China Development Bank Corporation- CDB a cooperation agreement for the years 2015 and 2016. This agreement includes funding of $ 3.5 billion, already disbursed, reported by Petrobras to the market on 1 April 2015. In addition, $ 1.5 billion will be disbursed totaling $ 5 billion in financing in 2015. The agreement
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