Aminex receives a six month extension loan extensionDec 22, 2015Aminex has received a six month extension to the repayment of its corporate loan facility to 31 July 2016 has been agreed in principle. The extension will provide the Company
Halcón Resources announces expiration and final results of debt exchange offerDec 21, 2015Halcón Resources Corporation announced the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities
Bonterra Energy Corp. declares 2016 capital budgetDec 18, 2015Bonterra Energy Corp. announces its 2016 capital budget, an operations update, and an adjustment to its dividend level to $0.10 per share commencing with the December 2015
Magnum Hunter Resources files voluntary Chapter 11Dec 17, 2015Magnum Hunter Resources Corporation and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code
Statkraft AS reduced investment planDec 17, 2015Statkraft AS has adjusted its investment plan to the new financial terms. The most material change is that Statkraft no longer will invest in new offshore wind projects.
Dolphin Geophysical Ltd is open for business as usualDec 17, 2015The UK processing and multi-client operations of Dolphin Geophysical Ltd continue to operate as normal, despite the Norwegian entities of Dolphin Group ASA together with its subsidiary
DONG Energy signs new credit facilitiesDec 16, 2015DONG Energy A/S has signed a EUR 1.4bn 5-year syndicated revolving credit facility and a EUR 350m 3-year syndicated revolving credit facility. Both facilities include two
Bankers Petroleum announces 2016 capital budget and work programDec 16, 2015Bankers Petroleum Ltd. announces its 2016 capital program of US$65 million (all amounts referenced below are in US dollars unless otherwise noted). The capital program will be
Encana focuses 2016 capital program on core four assetsDec 15, 2015Encana released a highly disciplined 2016 capital program which directs 95 percent of its total $1.5 billion to $1.7 billion planned investment to its core four assets.
Trinidad Drilling declares 2016 capital programDec 15, 2015Trinidad Drilling Ltd. expects to spend approximately $30 million in capital expenditures in 2016, with an additional $15 million available to be spent on select upgrades, depending
88 Energy advance as Icewine well reaches “critical juncture”Dec 15, 201588 Energy shares advanced on Monday morning after the company told investors that its drill programme at the Icewine project, onshore Alaska, had reached a “critical juncture”.
Mitsubishi makes final investment decision on Greater Western Flank Phase 2Dec 14, 2015Mitsubishi Corporation and Mitsui & Co., Ltd. are pleased to announce that the North West Shelf Project (NWS Project), in which Japan Australia LNG (MIMI) Pty. Ltd. ('MIMI', a Mitsubishi and
MYCELX Technologies provides trading updateDec 14, 2015MYCELX Technologies Corporation, the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update on its 2015
Select Sands closes previously announced private placementDec 14, 2015Select Sands Corp. announced that there will be no further closings under its previously announced private placement. On November 12, 2015 the Company has announced that
ConocoPhillips announces 2016 operating plan and capital budget of $7.7 billionDec 14, 2015ConocoPhillips announced its 2016 operating plan. Key highlights from the plan include:
$7.7 billion capital budget;1 to 3 percent production growth, adjusted for asset sales; and
Cenovus Energy declares 2016 budgetDec 14, 2015Cenovus Energy Inc. expects to invest between $1.4 billion and $1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects in 2016,
Statoil and Repsol announce transactions in Norway, UK, US and BrazilDec 14, 2015These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. “We are delighted to be deepening our relationship with Repsol. In the current challenging market environment, these are innovative, value-enhancing transactions which will help control costs and strengthen Statoil’s portfolio for the long term”, said John Knight, Statoil’s Executive Vice-President for Global Strategy & Business Development.
Dolphin Geophysical provides update on restructuringDec 11, 2015Group ASA ("Dolphin" or the "Company" and together with its subsidiary Dolphin Geophysical AS") regarding a restructuring of the Group's debt and capital structure (the "Restructuring").
Repsol reduces its financing costs by 65 million dollars a yearDec 11, 2015Repsol, through its subsidiary Talisman Energy, announced the purchase, with a discount of 14.5%, of 1.5 billion dollars of face value in Talisman bonds today, corresponding to five issues expiring in
Chevron declares $26.6 billion capital and exploratory budget for 2016Dec 11, 2015Chevron Corporation announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is
Baytex announces 2016 budget and amendments to bank credit facilitiesDec 11, 2015Baytex Energy Corp. says that its Board of Directors has approved a 2016 capital budget of $325 to $400 million, which is designed to generate average annual production of 74,000 to 78,000 boe/d.
Gibsons declares 2016 growth capital expenditure budget of $200 Million to $300 MillionDec 11, 2015Gibson Energy Inc. says that its Board of Directors has approved a 2016 growth capital expenditure budget ranging between $200 million and $300 million. Additionally, the Board of Directors approved $50 million
Wood Group issues pre-close trading update for the year to 31 December 2015Dec 11, 2015John Wood Group PLC, issues the following pre-close trading update for the year to 31 December 2015. Full year results will be announced on 23 February 2016.
Freeport-McMoRan declares further reduction in capital spendingDec 10, 2015Freeport-McMoRan Inc. announced additional actions in response to market conditions, including further revisions to its oil and gas capital spending plans, additional curtailments in copper and molybdenum production