April 2019

QEP Resources Confirms Receipt of Proposal from Elliott

DENVER, April 24, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today reported first quarter 2019 financial and operating results. FIRST QUARTER 2019 OPERATING HIGHLIGHTS Delivered oil and condensate production of 2.9 million barrels in the Permian Basin, a 35% year-over-year increase   Initiated plan to significantly reduce corporate general and administrative expense by approximately 45% Closed previously announced Haynesville divestiture in January 2019 for net cash

Murphy Oil Corporation Announces Strategic Sale of Malaysian Portfolio in All-Cash Transaction Valued at US$2.127 Billion

Accretive Cash Flow Generating Acquisition that Increases Operatorship in the Region Murphy Continues Strategic Multi-Year Transformation EL DORADO, Ark.–(BUSINESS WIRE)–Apr. 23, 2019– Murphy Oil Corporation (NYSE: MUR) announced today that its wholly owned subsidiary, Murphy Exploration & Production Company – USA (“Murphy”), has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C., (“LLOG”). The accretive, cash

Northern Oil and Gas, Inc. Announces Third Quarter 2018 Results, Increases Fourth Quarter 2018 Guidance and Reactivates Stock Repurchase Program

HIGHLIGHTS Production from the Assets is expected to average 6,600 Boe per day (2-stream) during the second half of 2019 The Assets consist of 86.9 net producing wells, 2.7 net wells in process and 47.5 net undrilled locations within approximately 18,000 net acres in the core of the Williston Basin The Assets are expected to be accretive to earnings, cash flow per share, and future drilling inventory and will strengthen

ION Announces Acquisition of Allegro

Allegro Development Corporation, a global provider of enterprise commodity management solutions, has been acquired by ION Group. (PRWeb April 17, 2019) Read the full story at https://www.prweb.com/releases/ion_announces_acquisition_of_allegro/prweb16240989.htm Source link

EMV Capital Completes the Acquisition of Wanda INC, a Leading...

Wanda Inc, headquartered in San Francisco, is a leader in providing AI-based virtual care applications optimizing care for patients with heart failure and other chronic diseases. The platform warns of… (PRWeb April 17, 2019) Read the full story at https://www.prweb.com/releases/emv_capital_completes_the_acquisition_of_wanda_inc_a_leading_telehealth_company_in_silicon_valley/prweb16242639.htm Source link

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This Press Release Replaces the Press Release Issued on April 11, 2019 at 8:00AM EDT with Updated Range of Recoverable Values Receives Final Petrophysics Report on its Orogrande Basin Project PLANO, TX / ACCESSWIRE / April 15, 2019 / Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today announced that the Company has received the final petrophysical report relating to its Orogrande Basin Project. The report will be

Chevron Agrees with Petrobras to Buy Pasadena Refinery System for $350 Million

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11th, 2019 and under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City: MIDLAND, Texas Company Doubles Estimated Production, Future EBITDA, Proved Reserves and PV-10 Acquisition Creates Largest Horizontal San Andres Company on the Central Basin Platform / Northwest Shelf MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has closed its transaction with Wishbone Energy Partners, LLC, Wishbone Texas Operating Company LLC and WB WaterWorks, LLC (“Wishbone”) to acquire their Northwest Shelf assets located primarily