PetroQuest Energy, Inc. Extends Forbearance Agreements

LAFAYETTE, La., Oct. 05, 2018 (GLOBE NEWSWIRE) — PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that it has extended its previously announced forbearance agreements (as amended prior to the date hereof, the “Forbearance Agreements”) with the administrative agent and the lenders under its multi-draw term loan agreement (the “Loan Agreement”), the holders of approximately [Read More…]

Source: BOE Report

Columbia Gas Announces ‘House Ready’ Plan for Greater Lawrence Area

LAWRENCE, Mass., Oct. 5, 2018 /PRNewswire/ — Columbia Gas of Massachusetts, a unit of NiSource Inc. (NYSE: NI), today announced additional details of the plan to restore gas service to customers in the Greater Lawrence area, including planned assessments and appliance installations, in coordination with the previously announced ‘Gas Ready’ construction schedule. The ‘House Ready’ [Read More…]

Source: BOE Report

Northern Oil and Gas, Inc. Enters into a New Five Year $750 Million Senior Secured Credit Facility

MINNEAPOLIS–(BUSINESS WIRE)–Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has closed an agreement with Royal Bank of Canada, as administrative agent, and a syndicate of lenders under a new $750 million first lien revolving credit facility (the “new credit facility”). RBC Capital Markets, ABN AMRO, Capital One, Citizens Bank and Wells [Read More…]

Source: BOE Report

Royal Dutch Shell plc: Transaction in Own Shares

LONDON, October 5, 2018 /PRNewswire/ — Royal Dutch Shell plc (the ‘Company’) (NYSE: RDS.A) (NYSE: RDS.B) announces that on October 5, 2018 it purchased the following number of “A” Shares for cancellation. Aggregated information on “A“ shares purchased according to trading venues: Date of Number of Highest price Lowest price Volume Venue purchase "A" shares paid: [Read More…]

Source: BOE Report

Whiting Petroleum Corporation Announces Third Quarter 2018 Earnings Release Date and Conference Call

DENVER–(BUSINESS WIRE)–Whiting Petroleum Corporation (NYSE:WLL) will release its third quarter 2018 financial and operating results on Tuesday, October 30, 2018 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. ET (10:00 a.m. CT, 9:00 a.m. MT) on Wednesday, October 31, 2018 to discuss Whiting’s third [Read More…]

Source: BOE Report

Canadian Natural Resources, Imperial Oil, MEG Energy

Securities analysts revised their ratings and price targets on several Canadian companies, including Canadian Natural Resources, Imperial Oil and MEG Energy, on Friday. HIGHLIGHTS * Canadian Natural Resources Ltd : CIBC starts with outperformer rating, C$55 TP * Imperial Oil Ltd : CIBC initiates coverage with underperformer rating * MEG Energy Corp : CIBC initiates [Read More…]

Source: BOE Report

UK Stocks-Factors to watch on Oct 5

Britain's FTSE 100 index is seen opening 21 points higher at 7,440 on Friday with FTSE 100 futures up 0.14 percent ahead of the cash market open, according to financial bookmakers. * UNILEVER: Unilever on Friday said its board had withdrawn its proposal to move to the Netherlands, after a growing tide of opposition by [Read More…]

Source: BOE Report

Alfa Laval Wins SEK 70 Million Offshore Order

LUND, Sweden, Oct. 5, 2018 /PRNewswire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China. The order has a value of approximately SEK 70 million. [Read More…]

Source: BOE Report

UK Stocks-Factors to watch on Oct 5

Oct 5 – Britain's FTSE 100 index is seen opening 21 points higher at 7,440 on Friday, according to financial bookmakers. * INTU: A consortium including British billionaire John Whittaker and Canada's Brookfield Asset Management is considering a bid for Intu Properties , the 2 billion-pound ($2.6 billion) shopping centre owner. * GOLD: Gold prices [Read More…]

Source: BOE Report

Clogged pipelines cut Canada’s oil price, small producers shift strategy

Small Canadian oil producers are striking complex deals with refineries, diversifying production and seeking marketing help as they try to soften the blow from record price discounts on heavy crude generated by pipeline congestion. Unlike integrated companies Suncor Energy and Imperial Oil that have refineries to process their own oil, reserved pipeline space, storage, and [Read More…]

Source: BOE Report

Proxy Advisory Firms Recommend Energy Transfer Partners, L.P. Unitholders Vote for Proposed Merger with Energy Transfer Equity, L.P.

DALLAS–(BUSINESS WIRE)–Energy Transfer Partners, L.P. (NYSE: ETP) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co., the two leading independent U.S. proxy advisory firms, have recommended that ETP unitholders vote “FOR” the proposed merger with Energy Transfer Equity, L.P. (NYSE: ETE), which will be considered at the October 18, 2018 special meeting [Read More…]

Source: BOE Report

Heavy crude, light crude discounts widen again

The Canadian heavy oil differential widened against the West Texas Intermediate (WTI) benchmark on Thursday, while the light oil differential nudged up again, hitting its widest level in 6-1/2 years. * Western Canada Select (WCS) heavy blend crude for November delivery in Hardisty, Alberta, settled at $43.40 a barrel below WTI crude futures , compared [Read More…]

Source: BOE Report

Enerflex to Announce Third Quarter 2018 Results on November 8, 2018

CALGARY, Alberta, Oct. 04, 2018 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), a leading supplier of products and services to the global energy industry, will release its third quarter 2018 financial results on November 8, 2018. These results will be available on the Enerflex website at www.enerflex.com.    Analysts, investors, members of [Read More…]

Source: BOE Report