Gulfport Energy Corporation Provides SCOOP Springer and SCOOP Woodford Well Results

OKLAHOMA CITY, Nov. 27, 2017 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ:GPOR) (“Gulfport” or the “Company”) today provided an update on recent SCOOP Springer and SCOOP Woodford well results. Key highlights include: Gulfport’s first SCOOP Springer well, the Lauper 4-26H, produced at a 24-hour initial peak production rate of 780.2 Boe per day, or 172 Boe [Read More…]

Source: BOE Report

Keystone to Resume Crude Oil Deliveries on Tuesday, November 28

AMHERST, SOUTH DAKOTA–(Marketwired – Nov. 27, 2017) – Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced that its Keystone Pipeline repair and restart plans have been reviewed by the Pipeline and Hazardous Materials Safety Administration (PHMSA) with no objections, permitting a safe and controlled return to service of the Keystone System. As part of [Read More…]

Source: BOE Report

Transcanada asks Nebraska to reconsider approval of alternate Keystone pipeline route

TransCanada has asked the Nebraska Public Service Commission to reconsider its order approving an alternate route for the Canada-U.S. Keystone XL pipeline, according to a filing posted on the commission’s website on Monday. The Canadian pipeline company is seeking a “clarification” on the PSC’s Nov. 20 decision to approve an alternative route for the Keystone [Read More…]

Source: BOE Report

Keystone’s existing pipeline spills far more than predicted to regulators

TransCanada Corp's existing Keystone pipeline has leaked substantially more oil, and more often, in the United States than indicated in risk assessments the company provided to regulators before the project began operating in 2010, according to documents reviewed by Reuters. The Canadian company is now seeking to expand the pipeline system linking Alberta's oil fields [Read More…]

Source: BOE Report

Unit Corporation Announces Newly Appointed Officer

TULSA, Okla.–(BUSINESS WIRE)–Unit Corporation (NYSE: UNT) today announced that Les Austin has been named Senior Vice President and Chief Financial Officer of the company, effective immediately. The position was held by David T. Merrill, who was promoted to Chief Operating Officer in August 2017. Mr. Austin, age 51, has over 23 years of energy finance [Read More…]

Source: BOE Report

Marksmen Energy Inc. Announces Operations Update

CALGARY, Alberta, Nov. 27, 2017 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) and Its wholly owned subsidiary, Marksmen Energy USA, Inc. announces the following update on wells in Ohio, USA. Morrow County – Marksmen is participating as a 25% working interest owner in a well operated by Houghton Investments LLP.  The well [Read More…]

Source: BOE Report

Lonestar Resources Announces Mid-Year 2017 Proved Reserves

FORT WORTH, Texas, Nov. 27, 2017 /PRNewswire/ — Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, “Lonestar”) announced that its proved reserves at June 30, 2017 increased to 76.8 million barrels of oil equivalent (“MMBOE”) calculated using recent NYMEX Strip. The Company conducted a mid-year reserve report to incorporate the acquisitions closed in June [Read More…]

Source: BOE Report

Keystone’s existing pipeline spills far more than predicted to regulators

TransCanada Corp's existing Keystone pipeline has leaked substantially more oil, and more often, in the United States than indicated in risk assessments the company provided to regulators before the project began operating in 2010, according to documents reviewed by Reuters. The Canadian company is now seeking to expand the pipeline system linking Alberta's oil fields [Read More…]

Source: BOE Report

Black Stone Minerals, L.P. Announces $340 Million Acquisition of Mineral and Royalty Interests and Private Placement of Cumulative Convertible Preferred Units

Completes New Farmout Arrangement That Further Supports Development Activity in East Texas; Schedules Conference Call for 10:30 Central Time Today HOUSTON–(BUSINESS WIRE)–Black Stone Minerals, L.P. (NYSE:BSM) (“Black Stone Minerals,” “Black Stone,” or “the Partnership”) announces it has entered into a definitive agreement to acquire a diverse set of mineral and royalty assets for $340 million, [Read More…]

Source: BOE Report