Hanwei Energy Services Reports Year End Fiscal 2017 Financial and Operational Results
June 21, 2017
Hanwei Energy Services Reports Year End Fiscal 2017 Financial and Operational Results
U.S. Energy Companies Reshuffle, Peel Off the ‘Fortune 500’
June 21, 2017
Fortune 500 roster represents two thirds of U.S. gross domestic product For decades it has represented a badge of honor for any U.S. business. It has been populated by icons of U.S. industry—Ford, General Motors, International Paper, Standard Oil, IBM, General Electric. If your company’s name was in the “Fortune 500” that signified you were big—and successful. It whispered to
NCS Multistage Holdings, Inc. to Participate in Upcoming Investor Conference
June 21, 2017
NCS Multistage Holdings, Inc. to Participate in Upcoming Investor Conference
Southwestern Energy: Shifting to Appalachia
June 21, 2017
Holding the title of the United States’ third largest natural gas producer, and with activities in the Northeast Appalachia, Southeast Appalachia, and the Fayetteville Shale, Southwestern Energy (ticker: SWN) is primarily focused on building and maintaining its natural gas production. Southwestern reported its 2016 reserves as 5,253 Bcfe and its cumulative 2016 production at 875 Bcfe. In its Northeast Appalachia
PHX Energy Receives TSX Approval for Normal Course Issuer Bid
June 21, 2017
PHX Energy Receives TSX Approval for Normal Course Issuer Bid
Leucrotta Exploration Inc.: Delineating and Growing the Montney
June 21, 2017
Focused in the Montney play in Northeast British Columbia, Leucrotta (ticker: LXE) holds approximately 100,500 gross (90,200 net) acres. Overall, the company averaged approximately 2,700 BOEPD in Q1, 2017. Within the Montney, Leucrotta has drilled a total of eight horizontal wells, three of which have exhibited liquids-rich gas, the remaining five showing light oil. Acquisitions In a land acquisition announced
OPEC Compliance at Record 106%: Reuters
June 21, 2017
Bloomberg’s numbers are less OPEC cut compliance has hit its highest point in in this round of cuts, according to a story released by Reuters today. Total cut compliance, including both OPEC and non-OPEC countries, reached 106% in May, Reuters reports. OPEC countries are displaying 108% compliance with their share of cuts, while non-OPEC producers are in 100% compliance. According
QEP Resources Has 5 Rigs Drilling the Permian, 1 in the Williston, 1 in the Pinedale Anticline
June 21, 2017
‘Tank’ completions in the Spraberry, Wolfcamp; and 20-24 re-fracs in the Haynesville QEP Resources (ticker: QEP) holds acreage across the Williston basin, Pinedale Anticline, Uinta basin, Permian basin, and Haynesville shale. QEP’s acreage produces oil, NGLs, and dry gas—totaling in 13,090.3 MBOE cumulative production in Q1, 2017. For 2017, QEP estimates that it will produce a cumulative of 57 to
Operators Shut Down Gulf of Mexico Oil Output Ahead of Storm Cindy
June 21, 2017
From the Bureau of Safety and Environmental Enforcement Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Tropical Storm Cindy. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is activated and monitoring the operators’ activities. The team will continue to work with offshore operators and other state and
Refinery Runs at All-Time Highs
June 21, 2017
Week of May 26 set new record U.S. refineries are breaking records processing crude oil this year but crude inventories are still high, according to a note released by the EIA Tuesday. According to the EIA, gross inputs to U.S. petroleum refineries, known as refinery runs, averaged 17.7 MMBOPD in the week ending May 26. This is an all-time high,
Claim Post Resources Inc. Completes Over-Subscribed Non-Brokered Private Placement of Unsecured Convertible Debentures
June 21, 2017
Claim Post Resources Inc. Completes Over-Subscribed Non-Brokered Private Placement of Unsecured Convertible Debentures
Tidewater Midstream and Infrastructure Ltd. Confirms Second Quarter 2017 Dividend
June 21, 2017
Tidewater Midstream and Infrastructure Ltd. Confirms Second Quarter 2017 Dividend
