Cheniere and Vitol Sign 15-Year LNG Sale and Purchase Agreement

Raises 2018 Guidance and Provides 2019 Guidance Raises Run Rate Production and Financial Guidance Announces 24-Year LNG Sale and Purchase Agreement with PGNiG Achieves First LNG Production From Train 5 of SPL Project Signs EPC Contract with Bechtel for Train 6 of SPL Project and Issues Limited Notice to Proceed HOUSTON–(BUSINESS WIRE)–Nov. 8, 2018– Cheniere Energy, Inc. (NYSE American: LNG):         … Source link

Equinor further focuses NCS portfolio

Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares (4,126 square kilometres), and will participate in the Suncor Energy-operated parcel NL18-CFB02-01, totalling 142,500 hectares (1,425 square kilometres), (Suncor Energy 40%, Equinor Canada 30%, Husky Energy 30%).  “We are pleased to have secured significant acreage and new exploration opportunities offshore Canada. The successful bids aligns with Equinor’s strategy of developing our position in prolific basins,” said Tim Dodson, Equinor’s executive vice president for exploration. “These exploration investments provide Equinor an important opportunity to advance

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 07, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating Company, LLC, a wholly-owned subsidiary of Vantage Energy Acquisition Corp. (Nasdaq:VEAC) (“Vantage”) for a purchase price of up to $1.725 billion, subject to purchase price adjustments. The

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., Nov. 6, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that Jeffrey S. Balmer will succeed Gary A. Newberry as Senior Vice President and Chief Operating Officer, effective December 10, 2018. Mr. Balmer will join Callon this month and Mr. Newberry will retire from the Company in January 2019. Joe Gatto, President and CEO, said, “Gary has been instrumental to the success

Callon Petroleum Company Announces Third Quarter 2018 Results

NATCHEZ, Miss., Nov. 6, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today reported results of operations for the three and nine months ended September 30, 2018. Presentation slides accompanying this earnings release are available on the Company’s website at located on the “Presentations” page within the Investors section of the site. Financial and operational highlights for the third quarter of 2018 and other recent data points

Proxy Advisory Firms Recommend Approval of NuStar Energy and NuStar GP Holdings Proposed Merger Transaction

Third Quarter 2018 Distributable Cash Flow Available to Common Limited Partners Increases 32% Pending Sale of European Assets to Accelerate Improvement of Debt Metrics 2018 Permian Crude System Exit Rate Remains on Pace for 360,000 to 380,000 Barrels Per Day Long-Term Agreement with Trafigura to Transport WTI on NuStar’s South Texas Crude System to NuStar’s Corpus Christi North Beach Export Terminal for Storage and Dock Services SAN ANTONIO–(BUSINESS WIRE)–Nov. 5,

Encana announces strategic combination with Newfield Exploration Company; intends to raise dividend by 25 percent and expand its share buyback program to $1.5 billion, post closing

CALGARY, Alberta , Nov. 01, 2018 (GLOBE NEWSWIRE) — Encana Corporation ( Encana ) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Source link

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PLANO, Texas, Oct. 31, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”) today announced that the Company has spudded the first well of the next three planned wells for the Company’s Orogrande Basin Project with its operator Maverick Operating and its drilling partner Wolfbone Properties. The first well to be drilled is the University Rich A11 #2. The well will be a twin to Torchlight’s Rich A11 #1