Tuesday, January 7, 2025

Exxon shareholders reject environmental resolutions

Story by the Associated Press Exxon Mobil shareholders overwhelmingly rejected several environmental resolutions including proposals to put a climate-change expert on the board and set goals for greenhouse-gas emissions. At the oil giant’s annual meeting Wednesday in Dallas, CEO Rex Tillerson gave a stay-the-course outlook for the company, which has seen profits decline recently with lower prices for crude oil.

Hundreds gather in Oregon to protest proposed natural gas pipelines

Story by the Associated Press Hundreds of people rallied at the Oregon Capitol calling on Gov. Kate Brown to block two proposed liquefied natural gas export terminals in the state. The Statesman Journal reports ( ) that Canadian company Veresen Inc. wants to build an export terminal in Coos Bay on Oregon’s south coast. The Jordan Cove Energy Project would receive natural gas through a

WPX Energy Completes $200 Million Asset Sale

WPX Energy (WPX) has completed its third divestiture of the year, closing the sale of a package of Marcellus Shale marketing contracts and the release of certain related firm transportation capacity to an undisclosed buyer. WPX received in excess of $200 million cash for various long-term natural gas purchase and sales agreements and was released from approximately $390 million in

Petro River Announces Change in Pearsonia West Concession Requirements From Horizontal Well Obligations to Vertical Well Obligations

Complements Petro River’s Recently Announced Vertical Drilling Program HOUSTON, TX–(Marketwired – May 27, 2015) – Petro River Oil Corp (OTCQB: PTRC) (“Petro River” or the “Company”) announces that, on May 20, 2015, by a unanimous vote 8-0, the Osage Mineral Council approved the newly agreed upon terms and conditions for the Pearsonia West Concession (“Pearsonia West”), a 106,500 contiguous acre position

Norway’s TGS Names New CFO

TGS is pleased to announce the appointment of Sven Børre Larsen as the Company’s new Chief Financial Officer. The effective date of Mr. Larsen’s employment is yet to be determined, but will be no later than December 1, 2015. Mr. Larsen will be based in TGS’ Asker office. Most recently, Mr. Larsen was the Chief Financial Officer of Prosafe Management AS in

Emerald Oil Elects Not to Proceed With Public Offering of Common Stock

Emerald Oil, Inc. (NYSE MKT: EOX) (the “Company”) announced today that due to the current market environment and associated dilution to existing shareholders, it has elected not to proceed with its previously announced public offering of common stock. As a result of the Company’s election not to proceed with its public offering, the Company will not be taking action to

Canadian Natural Resources Limited Announces the Deferral of Its Institutional Investor Open House

Canadian Natural Resources Limited (CNQ.TO) (CNQ.TO) (“Canadian Natural” or the “Company”) announces that its previously planned Institutional Investor Open House (“Open House”) for June 17, 2015 has been deferred. Rather than the detailed Open House presentation format, a conference call will be held on June 17, 2015, where Investors and Analysts are invited to listen to the Company’s update of

Striker Exploration Announces Q1 Results

Striker Exploration Corp. Announces First Quarter Operating and Financial Results and Increased Guidance Striker Exploration Corp. (“Striker” or the “Company”) (TSX VENTURE:SKX) is pleased to announce our operating and financial results for the three month period ended March 31, 2015. Our Consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the period ended March 31,

Jura Energy Posts Stimulation Testing Results

Jura Energy Corporation: Post Stimulation Testing Results of Reti-2 Jura Energy Corporation (“Jura”) (TSX:JEC) is pleased to announce the post stimulation testing results of development well Reti-2, in the Reti lease, earlier completed in the Pirkoh Limestone Formation of Eocene age. During a short duration test on 48/64 inch choke, the well flowed gas at the rate of approximately 6.22

Source Rock Royalties Agrees to Acquire Light Oil Royalty

Source Rock Royalties Enters Agreement to Acquire Light Oil Royalty Interests & Engages AltaCorp Capital for Brokered Private Placement Source Rock Royalties Ltd. (“Source Rock“) announces that it has entered into a binding letter agreement (the “Agreement“) with Toro Oil & Gas Ltd. (“Toro“) (TSX VENTURE:TOO) to acquire Viking light oil production volume royalty interests and to provide Toro with

Cordy Oilfield Services Announces Q1 Results

Cordy Oilfield Services Inc. Reports First Quarter 2015 Results   CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its first quarter 2015 results. Three months ended March 31, 2015 Environmental Heavy Manufacturing (in millions) Services Construction and Supply Corporate Total Revenue 7.4 2.6 0.5 – 10.5 Direct operating expenses 6.2 2.8 0.8 – 9.8 General and

Toro Oil & Gas Financing Upon Sale of Royalty and Establishes Acquisition Fund

Toro Oil & Gas Ltd. Announces a Non-Dilutive Financing of $12 Million Upon Sale of Production Volume Royalty on Viking Rights and Establishes $4 Million Acquisition Fund Toro Oil & Gas Ltd. (TSX VENTURE:TOO) (“Toro” or the “Company”) is pleased to announce it has entered into a binding letter agreement (the “Agreement”) with Source Rock Royalties Ltd. (“Source Rock”), a