Perpetual Energy Inc. Receives Statement of Claim

CALGARY, Aug. 6, 2018 /CNW/ – (TSX:PMT) – Perpetual Energy Inc. (“Perpetual”  or the “Company”) announces that it has received a Statement of Claim filed by PricewaterhouseCoopers Inc. LIT (“PwC”), in its capacity as trustee in bankruptcy of Sequoia Resources Corp. (“Sequoia”), with the Alberta Court of Queen's Bench (the “Court”), against Perpetual, Perpetual Operating [Read More…]

Source: BOE Report

International panel awards Cool Energy the prestigious ‘Label’

Solar Impulse Foundation presents the ThermoHeart Engine top honors for ambitious for-profit environmental solution LAUSANNE, Switzerland, Aug. 06, 2018 (GLOBE NEWSWIRE) — According to the World Energy Council, the energy industry is facing decades of transformation, and the United Nations Panel on Climate Change estimates the world’s energy consumption will increase by 50%.  Diesel and [Read More…]

Source: BOE Report

Continental Resources inks deal with mineral royalty manager

Shale oil producer Continental Resources Inc said on Monday that it formed a subsidiary to manage mineral royalties with Franco-Nevada Corp , part of Continental's plan to diversify revenue sources. Mineral rights are often less-risky investments than drilling wells, which can carry large operational, labor and environmental concerns. Continental, controlled by billionaire wildcatter Harold Hamm, [Read More…]

Source: BOE Report

Black Stone Minerals, L.P. Reports Record Quarterly Results and Declares Increased Cash Distribution on Common and Subordinated Units; Raises Production Guidance for Full Year 2018

HOUSTON–(BUSINESS WIRE)–Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Partnership”) today announces its financial and operating results for the second quarter of 2018 and recent developments after quarter-end. Highlights Reported total quarterly production of 44.7 Mboe/d, an increase of 5% over the first quarter of 2018. Royalty volumes increased by [Read More…]

Source: BOE Report

Jones Energy, Inc. Announces 2018 Second Quarter Financial and Operating Results

AUSTIN, Texas, Aug. 06, 2018 (GLOBE NEWSWIRE) — Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) today announced financial and operating results for the second quarter ended June 30, 2018 as well as initial production guidance for the third quarter of 2018. Highlights: The Company has proactively initiated discussions with its unsecured noteholders. The [Read More…]

Source: BOE Report

Carrizo Oil & Gas Announces Second Quarter Results

HOUSTON–(BUSINESS WIRE)–Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Company’s financial results for the second quarter of 2018 and provided an operational update, which includes the following highlights: Total production of 57,077 Boe/d, 12% above the second quarter of 2017 and above the high-end of the Company’s guidance range Crude oil production of [Read More…]

Source: BOE Report

Earthstone Energy, Inc. Reports Second Quarter and Year to Date 2018 Financial Results and Provides an Operations Update

THE WOODLANDS, Texas–(BUSINESS WIRE)–Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “we” or “us”), today announced financial and operating results for the quarter and six months ended June 30, 2018. Second Quarter 2018 Highlights Revenues of $37.2 million Average daily production of 8,845 Boepd(1) Adjusted EBITDAX(2) of $20.5 million Net income of $1.5 million Net income [Read More…]

Source: BOE Report

Centennial Resource Development Announces Second Quarter 2018 Financial and Operational Results and Lowers 2018 Cost Guidance

DENVER, Aug. 06, 2018 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced financial and operational results for the second quarter 2018 and updated 2018 operational targets. Financial and Operational Highlights: Increased daily equivalent production 6 percent quarter-over-quarter and 94 percent year-over-year Reported successful Third Bone Spring Sand result [Read More…]

Source: BOE Report

Duke Energy and EY announce strategic tax relationship

CHARLOTTE, N.C., Aug. 6, 2018 /PRNewswire/ — Duke Energy today announced a groundbreaking agreement with Ernst & Young LLP (EY) that will provide the company with leading edge managed tax services, while creating growth and advancement opportunities for members of Duke Energy’s tax department. Under the agreement – the first of its kind for a public [Read More…]

Source: BOE Report

EPC PRIME offers ABC’s more market opportunities, more money

CLEVELAND, Aug. 6, 2018 /PRNewswire/ — Energy Deals LLC announces its innovative, cloud-based, energy sales solution, EPC PRIME (www.epcprime.com). This comprehensive software solution featuring universally accepted industry practices and procedures using technology to do what a sales and back office support team can’t accomplish manually. With unparalleled speed, the software provides pricing and the ability [Read More…]

Source: BOE Report

Vista Energy Launches Service in New Jersey

HOUSTON–(BUSINESS WIRE)–Vista Energy, a national third-party provider of electricity and natural gas solutions, today announced enrollment is now open for residential electricity and gas customers in New Jersey. Initially, Vista Energy will provide service in the PSE&G service area with plans to expand service statewide in the coming months. Vista Energy offers fixed rate energy [Read More…]

Source: BOE Report

VivoPower International PLC Announces Contract to Build 3.6 MW Solar Project in Australia

LONDON, Aug. 06, 2018 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), a global solar power company, is pleased to announce that its wholly-owned subsidiary in Australia, Aevitas Group Limited (“Aevitas”) has been awarded a significant contract for the engineering design, procurement and construction of the 3.6 MW Cubbie Solar Project near Dirranbandi in [Read More…]

Source: BOE Report

Summit Midstream Partners, LP Announces Binding Open Season for Double E Natural Gas Pipeline Connecting Northern Delaware Basin to Waha Hub

THE WOODLANDS, Texas, Aug. 6, 2018 /PRNewswire/ — Summit Midstream Partners, LP (NYSE: SMLP) hereby announces that its subsidiary, Summit Permian Transmission, LLC (collectively, with SMLP, “Summit”), is holding a binding open season (“Open Season”) for firm transportation capacity on its Double E Pipeline (referred to herein as “Double E” or the “Project”).  The Project [Read More…]

Source: BOE Report

Automakers Could Be Fined More Than €14 Billion in European CO2 Excess Emissions Premiums in 2021, IHS Markit Says

LONDON–(BUSINESS WIRE)–Automakers failing to meet 2021 fleet CO2 emissions compliance, for passenger vehicles sold in the European Union (EU) could be fined more than €14 billion in 2021, based on new analysis from business information provider IHS Markit (Nasdaq: INFO). Legislators in the European Union (EU) are imposing a new passenger car fleet CO2 emissions [Read More…]

Source: BOE Report

GulfMark Offshore Confirms Receipt of Non-Binding Unsolicited Proposal from Harvey Gulf

GulfMark Stockholders Are Advised to Take No Action at This Time HOUSTON, Aug. 06, 2018 (GLOBE NEWSWIRE) — GulfMark Offshore, Inc. (“GulfMark”) (NYSE:GLF) today confirmed that it has received a non-binding, unsolicited proposal from HGIM Corp. (“Harvey Gulf”) to combine the companies through a merger in which GulfMark would acquire Harvey Gulf, with the combined [Read More…]

Source: BOE Report

First Reserve Announces Agreement To Sell Deep Gulf Energy

STAMFORD, Conn., HOUSTON and LONDON, Aug. 6, 2018 /PRNewswire/ — First Reserve, a leading global private equity investment firm exclusively focused on energy, today announced an agreement to sell the Deep Gulf Energy companies (“DGE”), a deepwater oil and gas exploration and development business operating in the Gulf of Mexico, to Kosmos Energy (NYSE/LSE: KOS) for [Read More…]

Source: BOE Report

Recon Announces Nonbinding Agreement to Acquire 43% of Equity of Future Gas Station

BEIJING, Aug. 6, 2018 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON), (“Recon” or the “Company”), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that the Company, through its affiliates Beijing BHD Petroleum Technology Co., Ltd. and Nanjing Recon Technology Co., Ltd., has entered into a nonbinding [Read More…]

Source: BOE Report

Mountain Valley Pipeline Responds to Stop Work Order

Project Continues to Target a Q1 2019 In-Service PITTSBURGH–(BUSINESS WIRE)–Mountain Valley Pipeline, LLC released the following statement and background information in response to a project-wide stop work order issued by the Federal Energy Regulatory Commission (FERC) issued on August 3, 2018, related to the adequacy of permits issued by the U.S. Forest Service (USFS) and [Read More…]

Source: BOE Report