Painted Pony Announces Fourth Quarter Production, Operational Update and Executive Departures

CALGARY, Jan. 31, 2018 /CNW/ – Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) is pleased to announce preliminary 2017 fourth quarter average daily production volumes, an update on first quarter 2018 field operations as well as changes to the executive team.    ProductionDaily production volumes for the fourth quarter of 2017 averaged [Read More…]

Source: BOE Report

Updated Share Capital and Voting Rights for BlackPearl

CALGARY, ALBERTA–(Marketwired – Jan. 31, 2018) – – BlackPearl Resources Inc. (“BlackPearl” or the “Company”) (TSX:PXX) (OMX:PXXS) reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, as at January 31, 2018, the number of issued and outstanding shares of the Company is 336,275,568 [Read More…]

Source: BOE Report

Diamondback Energy, Inc. Schedules Fourth Quarter 2017 Conference Call for February 14, 2018

MIDLAND, Texas, Jan. 31, 2018 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2017 financial results on February 13, 2018 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results [Read More…]

Source: BOE Report

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2017 Conference Call for February 7, 2018

MIDLAND, Texas, Jan. 31, 2018 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ:VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), announced that they plan to release fourth quarter 2017 financial results on February 6, 2018 after the market closes. In connection with the earnings release, Viper will host a conference call and webcast [Read More…]

Source: BOE Report

Dominion Energy Cove Point LNG Export Project Begins Producing Liquefied Natural Gas

RICHMOND, Va., Jan. 31, 2018 /PRNewswire/ — Dominion Energy Cove Point (DECP) has begun producing liquefied natural gas with its newly constructed natural gas liquefaction facility undergoing commissioning in Lusby, MD. All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities. Shell NA LNG [Read More…]

Source: BOE Report

Market Snapshot: Oil Sands Bitumen Production will continue to grow to 2040


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The National Energy Board’s recently released Canada's Energy Futures 2017 Supplement: Oil Sands Production report shows that growth in the oil sands will continue. Raw bitumen production in 2016 averaged just under 2.6 million barrels per day (MMb/d) and is projected to reach 4.5 MMb/d by 2040.

Source: National Energy Board - Energy Reports

Magellan Midstream Extends Open Season for Proposed Crude Oil Pipeline from the Permian and Eagle Ford Basins to Corpus Christi and Houston

TULSA, Okla., Jan. 31, 2018 /PRNewswire/ — Magellan Midstream Partners, L.P. (NYSE: MMP) announced today an extension of the open season to solicit commitments from shippers for a new pipeline to transport various grades of crude oil and condensate from the Permian and Eagle Ford Basins to multiple destinations in the Corpus Christi and Houston, Texas [Read More…]

Source: BOE Report

WildHorse Resource Development Corporation Announces Dividend on Series A Perpetual Convertible Preferred Stock

HOUSTON–(BUSINESS WIRE)–WildHorse Resource Development Corporation (NYSE:WRD) today announced an aggregate quarterly dividend of $6.656 million on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. The dividend was paid by an automatic increase to the accreted value of each such share of Series A Perpetual Convertible Preferred Stock, which were issued with an [Read More…]

Source: BOE Report

Lilis Energy Announces the Closing of New $50 Million First Lien Credit Facility With Riverstone Credit Partners, L.P.

SAN ANTONIO, Jan. 31, 2018 /PRNewswire/ — Lilis Energy, Inc. (NYSE American: LLEX; the “Company”) announced today that it has signed a new $50 million first lien term loan with Riverstone Credit Partners, L.P. (“RCP”) (the “new credit facility”).  It is anticipated that the new credit facility will be funded in full at closing tomorrow.  The new credit [Read More…]

Source: BOE Report

Enbridge Provides Notice of Series D Preferred Shares Conversion Right and Announces Reset Dividend Rates

CALGARY, Jan. 30, 2018 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series D (Series D Shares) (TSX: ENB.PR.D) on March 1, 2018. As a result, subject to certain conditions, the [Read More…]

Source: BOE Report