RETRANSMISSION: MGX Minerals Acquires Purlucid Treatment Solutions Inc.- Solves Major Hurdle to Oil Well Lithium Brine Separation Process
Questfire Energy Corp. Announces Credit Facility Amendment and Revised Terms
MIE Maple Investments Limited Enters Into an Agreement to Acquire Shares of Journey Energy Inc.
Lack of Oil Investment Offsets Consumer Benefits from Lower Prices The 2014 plunge in oil prices was initially hoped to provide stimulus to the U.S. economy, with the Fed arguing that the average household would save $700 in fuel costs. A new paper from the Brookings Institution suggests otherwise. While higher discretionary income due to lower oil prices boosted consumer
February’s Zero Sales Fades Further Away The results of British Columbia Ministry of Natural Gas September Development Land Sale are in. Sixteen of the 19 drilling licenses up for sale were sold. CAD $2,774,083.54 of gross bonuses were spent on 20,172 hectares out of 22,330 offered. The September sale raised the average YTD price per hectare in the province 2%
Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection since the fall in oil prices. The three companies had combined debt of approximately $367 million, bringing the total number of oil and gas producers to file for bankruptcy in 2016 to
Quattro Engages Durham Capital as Financial Advisor and Provides Corporate Update
NatGas Use in Electricity Generation Soars through 2040: EIA Report The U.S. Department of Energy’s Energy Information Agency released its newest comprehensive report today, its Annual Energy Outlook 2016. As to the agency’s projections for oil and gas prices and production levels, the report summarizes what its models show as follows. After 2017, U.S. oil production increases as prices rise
Rowan Announces Amendment of Customer Contract
Chunk of Rosneft could bring Moscow as much as $11 billion Russia still plans on selling a 19.5% stake in its oil giant Rosneft (ticker: RNFTF) to help ease its financial deficit, and it could happen within the next 90 days, if the company can find “appropriate strategic investors,” said Russian President Vladimir Putin. “The Russian government has no need
Noble Midstream Partners receives more than anticipated for IPO Noble Energy (ticker: NBL) announced a public offering for its MLP subsidiary Noble Midstream Partners (ticker: NBLX) last week with the hope of garnering an offer price between $19.00 and $21.00 roughly 10 months after the company postponed an IPO of the same assets. Today, Noble announced that it received $22.50
Hannon Armstrong Announces $0.30 per Share Quarterly Dividend for an Annualized 5.3% Dividend Yield
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