Georgia Power enters into new agreements with Toshiba and Westinghouse for Vogtle nuclear expansion
June 9, 2017
Georgia Power enters into new agreements with Toshiba and Westinghouse for Vogtle nuclear expansion
Questfire Energy Corp. Announces Credit Facility Extension to July 31, 2017
June 9, 2017
Questfire Energy Corp. Announces Credit Facility Extension to July 31, 2017
Northern Blizzard Resources Inc. Announces Change of Control Cash Tender Offer for Its 7.25% Senior Notes Due 2022
June 9, 2017
Northern Blizzard Resources Inc. Announces Change of Control Cash Tender Offer for Its 7.25% Senior Notes Due 2022
Energy XXI: Recompleting in the Gulf, Building for the Future
June 9, 2017
Since the finalization of its restructuring on December 30th, 2016, Energy XXI Gulf Coast (ticker: EXXI) has begun taking steps to bring additional production online and optimize existing production. EXXI in the GOM Energy XXI itself is focused solely on operations in the Gulf of Mexico, where it holds 109.4 MMBOE of proved reserves, of which 80% is oil, 2%
Rigs Add 11, Rally Continues for 21st Week
June 9, 2017
Highest rig count since April 2015 U.S. rigs, driven by shale activity, continued their relentless climb this week, according to Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. increased by 11, bringing the U.S. total to 927 rigs. This is 513 more than were active at this point last year, and is the highest
ExxonMobil Responds to NY Attorney General’s Allegations
June 9, 2017
ExxonMobil Corp. lambasted New York Attorney General Eric Schneiderman after he made what Exxon calls, “inflammatory, reckless, and false allegations,” regarding the manner in which the company evaluates the impact of global warming on its assets and operations. The NY AG’s stance is that ExxonMobil misled investigators in its use of proxy costs to estimate carbon impact. ExxonMobil uses proxy
UT Researchers Use Nanoparticles to Separate Oil from Water
June 9, 2017
Process works in seconds Researchers at The University of Texas at Austin believe they have found a fast method for separating mixed oil and water using nanoparticles. Most commonly-used methods for separating produced oil and water successfully recover about 95% of the oil from the water. However, the remaining 5% represents both lost revenue and additional struggles for the operator.
Encana Sells Piceance Basin Assets for $735 Million
June 9, 2017
Divestiture allows Denver-based Caerus to grow its Piceance footprint Encana announced the sale of its Piceance basin assets today, in a deal with private operator Caerus Oil and Gas. In total, Caerus will pay Encana $735 million in cash for the properties. In addition, Encana will reduce its midstream commitments by about $430 million and will market Caerus’ production from
AER: Guilty plea leads to $925,000 penalty for Obed Mountain Coal Mine spill
June 9, 2017
AER: Guilty plea leads to $925,000 penalty for Obed Mountain Coal Mine spill
Jericho Oil Publishes Annual Letter to Shareholders
June 9, 2017
Jericho Oil Publishes Annual Letter to Shareholders
Gendis Inc. Announces First Quarter Earnings
June 9, 2017
Gendis Inc. Announces First Quarter Earnings
