Chaparral Energy Announces Bolt-on STACK Play Acreage Acquisition in Kingfisher County, Oklahoma

OKLAHOMA CITY, Dec. 27, 2017 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (OTCQB:CHPE) announced today that it has entered into a definitive purchase agreement to acquire acreage in Kingfisher County, Oklahoma, from a private seller for $60 million in cash, subject to customary post-closing adjustments.  Highlights of the acquisition include: Acquiring 7,000 contiguous net acres in [Read More…]

Source: BOE Report

Eclipse Resources Corporation Announces the Closing of its Previously Announced Utica Shale Drilling Joint Venture

STATE COLLEGE, Pa.–(BUSINESS WIRE)–Eclipse Resources Corporation (NYSE:ECR) (the “Company” or “Eclipse Resources”) announced today that it has, through certain subsidiaries, entered into definitive agreements with Sequel Energy Group LLC (“Sequel”) (an affiliate of GSO Capital Partners LP, or “GSO”) on December 22, 2017 to establish the previously announced drilling joint venture on the Company’s Utica [Read More…]

Source: BOE Report

Whiting Announces Completion of Offering of $1.0 Billion of Senior Notes Due 2026; Irrevocable Notice of Redemption of 2019 Notes

DENVER–(BUSINESS WIRE)–Whiting Petroleum Corporation (NYSE: WLL) today announced that it completed its previously announced private unregistered offering to eligible purchasers of $1.0 billion aggregate principal amount of 6.625% senior notes due 2026 (the “notes”). Whiting received approximately $987.5 million in aggregate net proceeds from the sale of the notes. Whiting expects to use the net [Read More…]

Source: BOE Report

Georox Resources Inc. Signs Non-Binding Letter of Intent to Acquire Saskatchewan Oil and Gas Assets

Not for distribution to U.S. News wire services or for dissemination in the United States Kelowna, British Columbia (FSCwire) – Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) has entered into a Non-Binding Letter of Intent dated December 22, 2017 with an oil and gas exploration and development company to acquire certain oil and [Read More…]

Source: BOE Report

Duke Energy announces 2017 Power Partner award winners

CHARLOTTE, N.C., Dec. 27, 2017 /PRNewswire/ — The familiar phrase “Cream rises to the top” precisely describes each of the six organizations receiving the 2017 Duke Energy Power Partner award. Duke Energy established the Power Partner award in 1992 to honor businesses and other organizations that achieve exemplary results in categories that include solutions innovation, community [Read More…]

Source: BOE Report

Duke Energy sending additional personnel, resources to accelerate power restoration in Puerto Rico

CHARLOTTE, N.C., Dec. 27, 2017 /PRNewswire/ — Duke Energy is joining the U.S. utility industry effort to help rebuild electric infrastructure and restore power to the island of Puerto Rico, the U.S. territory hit hard by Hurricane Maria earlier this year, with hundreds of thousands of residents still without electricity.  Beginning in January, the company will [Read More…]

Source: BOE Report

Record ‘Lake Effect’ Snowfall Blamed On Global Warming, But It’s Not That Simple

As towns along the Great Lakes sit under massive amounts of snow, some are debating the connections between notorious “lake effect” snowfall and manmade global warming. Texas Tech University climate scientist Katharine Hayhoe took to Twitter to bring up the potential connections between manmade global warming and Great Lakes snowfall, also known as “lake effect [Read More…]

Source: BOE Report

EXCO Resources, Inc. Common Shares to Begin Trading on the OTC Pink Marketplace

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the “Company”) today announced that on December 22, 2017, EXCO was notified by the New York Stock Exchange (“NYSE”) that the NYSE has determined to commence proceedings to delist EXCO’s common shares from the NYSE as a result of EXCO’s failure to maintain an [Read More…]

Source: BOE Report

Gemini Corporation Provides Corporate Update

CALGARY, Dec. 27, 2017 /CNW/ – Gemini Corporation (GKX-TSXV) (“Gemini”) announces that Susannah Pierce has resigned from the Board of Directors effective December 21, 2017 due to increased demands from her other professional commitments. Gemini wishes to thank Ms. Pierce for her leadership in her role as Chair of the Human Resources and Governance Committee [Read More…]

Source: BOE Report

Gemini Corporation Provides Corporate Update

CALGARY, Dec. 27, 2017 /CNW/ – Gemini Corporation (GKX-TSXV) (“Gemini”) announces that Susannah Pierce has resigned from the Board of Directors effective December 21, 2017 due to increased demands from her other professional commitments. Gemini wishes to thank Ms. Pierce for her leadership in her role as Chair of the Human Resources and Governance Committee [Read More…]

Source: BOE Report

Ameren Workers, Equipment from Missouri and Illinois Heading to Puerto Rico to Help Accelerate Power Restoration

ST. LOUIS, Dec. 27, 2017 /PRNewswire/ — Ameren is participating in an industrywide effort to step up on-going power restoration and rebuilding efforts in Puerto Rico due to the catastrophic destruction of electric infrastructure following Hurricanes Irma and Marie. Ameren and other U.S. electric companies who are members of the Edison Electric Institute (EEI) will deploy [Read More…]

Source: BOE Report

EMGS reports multi-client late sales and revenues related to existing multi-client licenses

Electromagnetic Geoservices ASA (the “Company” or “EMGS”) has entered into an agreement with one of its clients related to the client’s licenses to CSEM data from EMGS’ multi-client library in Norway. The agreement covers the client’s merger with another entity and the merger fees payable as a result of this, as well as an upfront [Read More…]

Source: BOE Report

Petroteq Energy Inc., Year-End Message from the Chairman

LOS ANGELES, CA, Dec. 27, 2017 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (the “Company”) (TSX VENTURE: PQE) (OTCQX: PQEFF) (FRANKFURT: A2DYWC), a Company focused on the development and implementation of proprietary technologies including environmentally safe extraction of heavy oils from oil shale deposits and shallow oil deposits, and blockchain technology named PetroBloq, released the following letter to Shareholders: Dear [Read More…]

Source: BOE Report

GSE Systems, Inc. Announces Steps to Streamline Global Operations

SYKESVILLE, Md.–(BUSINESS WIRE)–GSE Systems, Inc. (GSE or the Company) (NYSE American: GVP), the world leader in real-time high-fidelity simulation systems and provider of training/consulting solutions to the power and process industries, today announced that as part of its ongoing efforts to streamline and optimize global operations, the Company will be consolidating engineering services and R&D [Read More…]

Source: BOE Report

Capstone Secures Another 2MW Order for Flare Gas Reduction in California

CHATSWORTH, Calif., Dec. 27, 2017 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for two C1000 Signature Series microturbines to power an oil and gas site in California. Cal Microturbine, one of Capstone’s distributors for California, secured the [Read More…]

Source: BOE Report