After every game, Husker football reporter Parker Ga…
HOUSTON, Jan. 14, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today the final results of its offer to exchange (the "Exchange Offer") any and all of its 9.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Liquidation Preference $1,000) (the "Series A Preferred Units") tendered in the Exchange Offer for newly issued common units representing limited partner interests in the Partnership (the "Common Units"), which expired at 11:59 p.m., New York City time, on January 12, 2022. Based on information provided by American Stock Transfer & Trust Company, LLC, the depositary of the Exchange Offer, 77,939 Series A Preferred Units were properly tendered and not validly withdrawn.
SHREVEPORT, La- The Haynesville Shale has seen an increase in production over the past year. This comes after a slump during the Covid-19 pandemic. Now dozens of rigs are currently in operation.
OKLAHOMA CITY, Jan. 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE-CLR) today announced the promotions of two of the Company's key leaders. Shelly Lambertz has been promoted to Executive Vice President, Chief Culture and Administrative Officer. John Hart has been promoted to Chief Financial Officer and Executive Vice President of Strategic Planning.
HAMILTON, Bermuda, Jan. 12, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTCPK: SDRLF) and the Issuer today announce that the Issuer has successfully received approval from the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") for its "one-day" chapter 11 restructuring. The Court confirmed the Issuer's chapter 11 plan of reorganization (the "Plan"), which received nearly unanimous support from existing stakeholders. The Plan provides the Issuer with financial and strategic flexibility and stability by amending and extending the Issuer's secured notes, effectuating a transfer of majority ownership of the Issuer from the wider Seadrill group to the secured noteholders, and facilitating the entry into management agreements with Seadrill for the continued provision of management services and operational support to the Issuer and its subsidiaries. The Plan also provides for the satisfaction of all trade, customer, and other non-funded debt claims in full in the ordinary course of business. Benefitting from both the new ownership structure and the continuity provided by the Seadrill group, the Issuer expects to continue to focus on maximizing value for all stakeholders from its portfolio of investments including the Seabras Sapura JV and the SeaMex group.
BATON ROUGE, La. - A trade organization representing U.S. oil and gas companies is pressuring the Biden administration to ratchet up lease sales on federal lands and waters, including the Gulf of Mexico, the group’s leader said Wednesday.
OKLAHOMA CITY, Jan. 12, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.31 per share. The dividend is payable on February 9, 2022 to stockholders of record as of the close of business on January 26, 2022.
HOUSTON, Jan. 12, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2021 earnings news release on Wednesday, February 16, after the close of U.S. financial markets.
HOUSTON, Jan. 12, 2022 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2021 results on Friday, February 25, 2022, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.
(The Center Square) – The Texas oil and natural gas industry paid a record $15.8 billion in state and local taxes and state royalties in fiscal 2021, funds that directly support Texas schools, teachers, roads, infrastructure and a range of essential services.
HOUSTON, Jan. 5, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced the resignation of S.P. "Chip" Johnson IV from its Board of Directors ("Board"), effective immediately.
ST. PAUL, Minn., Jan. 5, 2022 /PRNewswire/ -- CHS Inc.,(NASDAQ: CHSCP) the nation's leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2021. The company reported record quarterly net income of $452.0 million compared to $69.7 million in the first quarter of fiscal year 2021. The significant improvement in earnings was largely driven by strong global demand across key businesses compared with lower demand during the same period a year ago as a result of the COVID-19 pandemic.
NEW YORK, Jan. 5, 2022 /PRNewswire/ -- After experiencing the worst drop since the Great Depression, demand for fossil fuels like coal, natural gas, and oil are roaring back to pre-pandemic levels. Despite hopes that the COVID-19 crisis would lead to a faster transition to clean energy, the fact remains that over three-quarters of global energy needs are still being met by fossil fuels. Until the world makes a full transition to clean energy, fossil fuel demand will likely remain high. Meanwhile, several factors such as global shortages, the offline Russian Nord Stream 2 pipeline, cold weather, and a power crunch in China are expected to keep prices elevated in Europe and the US, creating a perfect storm for oil and gas companies like NG Energy International Corp. (TSXV:GASX) (OTCQX:GASXF), Cardinal Energy Ltd. (TSX:CJ) (OTCPK:CRLFF), Crescent Point Energy Corp. (NYSE:CPG) (TSX:CPG), Contango Oil & Gas Co. (NYSE:MCF) and Cheniere Energy Inc. (NYSE:LNG).
HOUSTON, Jan. 4, 2022 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today announced that Talos's President & CEO Timothy S. Duncan will participate in a detailed, one-on-one fireside chat with Leo Mariani, CFA, who covers the Company on behalf of KeyBanc Capital Markets Inc. The fireside chat will include a comprehensive discussion on Talos's carbon capture and traditional energy businesses, M&A and much more. The event will be broadcast virtually on January 13, 2022 at 9:00 AM Central Time for institutional investors and will include management discussion and dialogue with Mr. Mariani, as well as question and answer opportunities from virtual attendees. The entire session is expected to run for approximately one hour. For registration and further details, please contact Lisa Setow, KeyBanc Capital Markets Assistant Vice President for Corporate Access, at email@example.com.
HOUSTON, Dec. 27, 2021 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today published its second annual environmental, social and governance ("ESG") report to stakeholders, highlighting the Company's continued environmental, health and safety focus, positive impacts on communities and employees and solid governance practices. Talos has substantially increased the volume and quality of disclosures in this year's report and further clarified alignment with recognized industry standards.
PARSIPPANY, N.J., Dec. 23, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Paul Donahue has been elected as an independent director effective January 1, 2022.
MATTHEWS, N.C., Dec. 23, 2021 /PRNewswire/ -- ORPHEUM Property, Inc. d/b/a KLMKH Inc (OTC: PLFF)(the "Company"), a Delaware corporation, today announced that the Company has been notified that Appalachian Royalty Company (ARC) has received a court order allowing it to proceed with collection on a judgement it received earlier this year.
(The Center Square) – Oklahoma is second only to Texas in desirability to invest in the oil and gas industry, The Fraser Institute concluded in a recent study.
OKLAHOMA CITY, Dec. 21, 2021 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) is the first company to certify Haynesville natural gas operations jointly under the MiQ methane standard, and the EO100TM Standard for Responsible Energy Development, which covers a broad range of environmental, social and governance (ESG) criteria. The certification includes Chesapeake's legacy Haynesville Shale operations with production volume of approximately 1 billion cubic feet of natural gas (bcf) per day.
HOUSTON, Dec. 21, 2021 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today announced the successful completion of its semi-annual reserves-based loan ("RBL") redetermination process. The Company added an additional lender to the RBL facility and increased commitments from one other, adding a total of approximately $62 million of new commitments. Additionally, Talos added key provisions to increase flexibility for early-stage, pre-FID investments in carbon capture and sequestration ("CCS") business opportunities.
LAWRENCEVILLE, Ga., Dec. 20, 2021 /PRNewswire/ -- Majors Management, LLC, and its affiliates ("Majors"), a growing leader in the. convenience store industry, announces it has purchased the Convenience Retail, Petroleum Marketing and Wholesale Fuels Business of Haywood Oil Company, Inc. d/b/a Peak Energy ("Peak") including its seven company-operated convenience retail stores and 100+ wholesale dealer accounts located throughout western North Carolina, as well as parts of South Carolina, Georgia, and Tennessee. The Peak assets complement Majors' current geography and expand its portfolio with its existing branded suppliers.
ARLINGTON, Va., Dec. 21, 2021 /PRNewswire/ -- Today, Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA). This marks the first LNG supply agreement signed by a US exporter with CNOOC, China's largest importer of LNG. Under the deal, Venture Global will supply 2 million tonnes per annum (MTPA) of LNG on a free on board (FOB) basis from its Plaquemines LNG export facility, in Plaquemines Parish, Louisiana. In addition, CNOOC Gas & Power will purchase 1.5 million tonnes (MT) of LNG from Venture Global's Calcasieu Pass LNG facility for a shorter duration.
SHREVEPORT, La. -- An Oil City man is under arrest for possessing thousands of dollars worth of copper stolen from a Red River Parish power company, Caddo Sheriff Steve Prator said Monday in a news release.
(The Center Square) – Texas oil and natural gas job growth grew by 15.4% this November compared to last November, with 2,400 upstream jobs added last month, data from the Current Employment Statistics report from the Bureau of Labor Statistics show.
(The Center Square) – InnovaFeed, a French biotechnology company, is building the world’s largest insect farm in Decatur, Illinois, next to ADM’s corn processing plant.
(The Center Square) – North Dakota Gov. Doug Burgum said he is urging the U.S. Department of Interior to allow the state to resume oil-and-gas leases on federal lands.
(The Center Square) – New Mexico’s oil and natural gas industry contributed $5.3 billion to state and local governments in tax revenue in the fiscal year 2021, the highest figure ever recorded in state history.
(The Center Square) – Gov. Gretchen Whitmer dismissed her lawsuit against Enbridge’s Line 5 oil pipeline that sought to revoke the 1953 easement agreement allowing Line 5 and plans to pursue a lawsuit in state court to shut down the pipeline.
ST. SIMONS ISLAND — The state’s Environmental Protection Division is proposing a $3 million fine against a South Korean logistics company for polluting the sea and salt marshes on the Georgia coast after the Golden Ray car carrier capsized in St. Simons Sound on Sept. 8, 2019.
(The Center Square) – New Hampshire is increasing aid to residents through its home fuel assistance program amid a nationwide spike in energy costs.
SHREVEPORT, La. - Gas prices in Shreveport-Bossier City were up slightly Monday over last week as the Thanksgiving Day holiday begins.
GRIFFIN — As fall temperatures cool down, much of our lawn and garden equipment begins to lay idle. Tillers, lawnmowers and weed eaters are no longer being used with the frequency they were during the warm temperatures of summer. The temptation is to just store them away until we need them later in the spring, but that could cause problems later unless the equipment is properly prepared for storage.
(The Center Square) – Weld County commissioners say they are “extremely disappointed” in a new air quality rule from the Environmental Protection Agency (EPA).
(The Center Square) – Eleven U.S. Senate Democrats have called on President Joe Biden to do something about rising gas prices while also expressing support for policies that energy industry says are contributing to seven-year high costs at the pump, including oil and gas tax increases embedded in the Build Back Better Act.
(The Center Square) – New Mexico’s lawmakers are excited for an estimated $3.725 billion coming from the $2 trillion federal infrastructure bill marked for roads, bridges and less apparent infrastructure like electric vehicle charging stations, but others say it’s wasteful.
(The Center Square) – Louisiana Attorney General Jeff Landry is touting an oil-and-gas land lease sale – the first of the Biden administration – that could deliver $100 million to the state in the next year.
BATON ROUGE, La. - A year of shutdowns and hurricanes threatened oil and gas production on the Gulf Coast, but economists with LSU’s Center for Energy Studies predict an upswing in natural gas investments and refinement over the next several years. Oil investments, however, have a less-than-desirable outlook.
(The Center Square) – Democratic Congressman Charlie Crist, who is challenging Gov. Ron DeSantis in next year’s election, called on the governor to temporarily suspend Florida’s state gas tax to help lower costs at pump.
(The Center Square) – Longtime Democratic state Rep. Ryan Guillen of Rio Grande City announced Monday he is switching to the Republican Party of Texas.
(The Center Square) – Citing the potential threat of energy poverty, a national organization of Black activist groups has appealed to President Joe Biden’s administration to allow the Line 5 pipeline to remain open.
(The Center Square) – American Petroleum Institute President and CEO Mike Sommers warns of increased energy costs and inflation in the U.S. if increased government restrictions continue to impact production.
(The Center Square) – Gov. Greg Abbott touted Texas' economic prowess at a Houston Region Business Coalition monthly meeting Wednesday, and provided an update on the state's rebuilding business environment after suffering losses last year due to the state shut down created by his executive orders.
(The Center Square) – In the 2020 election, U.S. Rep. Xochitl Torres Small, D-New Mexico, lost to Republican Yvette Herrell in a district whose residents are reliant on oil and gas for survival. Despite trying to promote herself as a pro-oil and natural gas representative, Torres couldn’t shake off the effects of the anti-fossil fuel movement that has been incorporated in Democratic policies and is being pushed by the Biden administration.
MQS is proud to introduce their new salesman for their Great Falls Office, Lloyd Bruce. They are having an Open House at their Great Falls Office on September 23rd and 24th to introduce their new salesman and their Brand-New Storage Units that are now available for lease. They are offering…
At the quarterly Montana oil and gas lease sale held on September 1, there were 16 tracts totaling 7,071.02 acres that went for auction.