June 3, 2015

Synergy Resources Announces a Borrowing Base of $175 Million on Its $500 Million Credit Facility

June 3, 2015

Synergy Resources Corporation (NYSE MKT: SYRG) announced that it successfully closed on the Sixth Amendment to its $500 million credit facility led by SunTrust Bank. The regular semi-annual redetermination provides for a borrowing base of $175 million. The facility currently bears interest at 2.5%, which is based upon LIBOR or Prime Rate plus a margin, with a floor interest rate

“Perfect Storm” Sends Canada Oil Production to Lowest Level in Nearly Two Years: Barclays

June 3, 2015

WCS/WTI Spread Lowest since 2009 Canada’s oil production for May 2015 is believed to have dropped below the 4 MMBOPD mark for the first time in nearly two years, according to an estimate from Barclays. Maintenance season contributes to an expected decrease in volumes, but the unexpected element of scores of wildfires forced operators and residents to evacuate regions of

Denton Considers Lifting Frac Ban

June 3, 2015

House Bill 40 makes Denton frac ban unenforceable Denton City Council held a meeting last night to consider its options for moving forward with the ban on hydraulic fracturing that it enacted in December of last year. The Texas legislature passed Texas House Bill 40 last month, making the Denton frac ban unenforceable. According to the text of HB 40,

Yuma Energy, Inc. Declares Monthly Dividend on its Series A Cumulative Redeemable Preferred Stock

June 3, 2015

Yuma Energy, Inc. (NYSE MKT: YUMA) (NYSE MKT: YUMA-PA) (the “Company”) today announced that its Board of Directors has declared a monthly cash dividend payment on the Company’s 9.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The monthly dividend on the Series A Preferred Stock is payable on July 1, 2015, to holders of record at

Synergy Resources Announces a Borrowing Base of $175 Million on Its $500 Million Credit Facility

“Perfect Storm” Sends Canada Oil Production to Lowest Level in Nearly Two Years: Barclays

Denton Considers Lifting Frac Ban

Yuma Energy, Inc. Declares Monthly Dividend on its Series A Cumulative Redeemable Preferred Stock

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