Explor eliminates seismic lines in the oil sands, sets new seismic trace density record

PinPoint seismic method eliminates environmental footprint and associated impacts on caribou while enabling Ultra-High Density seismic imaging of oil sands targets CALGARY, May 31, 2018 /CNW/ – Explor Geophysical Ltd. (“Explor”) has completed the first pre-commercial scale Ultra High Density (UHD) 3C 3D seismic survey using its PinPoint technology, confirming the viability of seismic acquisition [Read More…]

Source: BOE Report

Explor eliminates seismic lines in the oil sands, sets new seismic trace density record

PinPoint seismic method eliminates environmental footprint and associated impacts on caribou while enabling Ultra-High Density seismic imaging of oil sands targets CALGARY, May 31, 2018 /PRNewswire/ – Explor Geophysical Ltd. (“Explor”) has completed the first pre-commercial scale Ultra High Density (UHD) 3C 3D seismic survey using its PinPoint technology, confirming the viability of seismic acquisition [Read More…]

Source: BOE Report

Relentless Resources Announces Acquisition of Late Stage ACMPR Applicant, Record Date of Rights Offering, Fully Funded Phase 1 Cannabis Cultivation Facility, Additions to its Team, and Proposed Name Change

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ TSX-Venture Exchange: RRL CALGARY, May 31, 2018 /CNW/ – Relentless Resources Ltd. (“Relentless” or the “Company“) is pleased to announce that it has entered into an amalgamation [Read More…]

Source: BOE Report

Tribute Resources Inc. Announces Filing of Annual Information

Not for distribution to United States newswire services or for dissemination in the United States London, Ontario (FSCwire) – Tribute Resources Inc. (TSX-V: TRB) (“Tribute”), announces that it has filed its Audited Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2017 on the System for Electronic Document Analysis [Read More…]

Source: BOE Report

Southwest Gas Holdings, Inc. Announces Filing of Nevada General Rate Case and Approval of Mesquite Expansion

LAS VEGAS, May 31, 2018 /PRNewswire/ — Southwest Gas Holdings, Inc. (NYSE: SWX) today announced that Southwest Gas Corporation (“Southwest”) filed a general rate case with the Public Utilities Commission of Nevada (“Commission”), Docket No. 18-05031.  The case requests a statewide overall general rate increase of approximately $32.5 million, which reflects any reduced tax liability [Read More…]

Source: BOE Report

CIOMA Issues Statement on California’s Largest Utility Companies’ $500 Million Money Grab From the CPUC

SACRAMENTO, Calif., May 31, 2018 /PRNewswire/ — In response to the California Public Utility Commission (CPUC)’s approval of over $500 million to the state’s largest, investor-owned utility companies, Ryan Hanretty, Executive Director of the California Independent Oil Marketers Association (CIOMA) issued the following statement: “Today, the Public Utilities Commission continued to operate without care or [Read More…]

Source: BOE Report

Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Full Mainline B into Service

Latest FERC Approval Allows for Service Capacity of 3.25 Billion Cubic Feet Per Day DALLAS–(BUSINESS WIRE)–Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to commence service of the Supply Connector B and full Mainline B pipeline segments. This latest approval allows for [Read More…]

Source: BOE Report

Petro-Hunt Acquires SM Energy Williston Basin Production

DALLAS–(BUSINESS WIRE)–Petro-Hunt, L.L.C. a privately-owned independent oil and gas company headquartered in Dallas, Texas, has completed the acquisition of SM Energy Company’s remaining Williston Basin production assets located in North Dakota. The acquired properties include approximately 246 operated and 51 non-operated wells and 119,000 net acres of leasehold. Petro-Hunt was advised by Scarlet McNellie, Partner, [Read More…]

Source: BOE Report

NGL Energy Partners Announces Filing of Its Annual Report

TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE: NGL) announced today that the Partnership filed its Annual Report on Form 10-K for the year ended March 31, 2018 with the Securities and Exchange Commission after market on May 30, 2018. A copy of the Form 10-K can be found on the Partnership’s website at www.nglenergypartners.com. Unitholders [Read More…]

Source: BOE Report

SM Energy Announces Closing Of Non-Core Asset Sales And Participation In Upcoming Conferences

DENVER, May 31, 2018 /PRNewswire/ —  SM Energy Company (the “Company”) (NYSE: SM) announced today that it closed the previously announced sales of its remaining assets in the Williston Basin located in Divide County, North Dakota, and third-party operated assets known as Halff East located in Upton County, Texas, for an aggregate of $292.3 million. [Read More…]

Source: BOE Report

Callon Petroleum Company Announces Pricing of Upsized $400 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 31, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) announced today that it has priced $400 million aggregate principal amount of its 6.375% senior unsecured notes due 2026 (the “notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities [Read More…]

Source: BOE Report

Pioneer Natural Resources Company Announces Executive Management Change

DALLAS–(BUSINESS WIRE)–As previously announced, Frank E. Hopkins is retiring as Senior Vice President, Investor Relations, from Pioneer Natural Resources Company (NYSE:PXD). Frank recently completed his thirteenth year leading Pioneer’s Investor Relations team and was also a member of Pioneer’s Management Committee. Effective June 1, 2018, Neal H. Shah, Vice President, Investor Relations, will assume Frank’s [Read More…]

Source: BOE Report

Altura Energy Inc. Closes the Sale of its East Central Alberta and Saskatchewan Assets for Gross Proceeds of $28.4 Million

CALGARY, Alberta, May 31, 2018 (GLOBE NEWSWIRE) — Altura Energy Inc. (“Altura” or the “Corporation”) (TSXV:ATU) is pleased to announce the closing of its previously announced sale of east central Alberta and Saskatchewan assets (the “Transaction”).  After closing adjustments, net cash consideration received by Altura under the Transaction totaled approximately $27.9 million.  With the closing [Read More…]

Source: BOE Report

Brent hits largest premium to U.S. crude since 2015

NEW YORK (Reuters) – U.S. crude oil futures recovered some losses on Thursday after a larger-than-expected decline in inventories, but U.S. futures remained under pressure in comparison to global Brent crude, which rallied to push the spread between the two to the highest level in more than three years. U.S. oil inventories fell by 3.6 [Read More…]

Source: BOE Report