Goodrich Petroleum Corporation Declares Preferred Dividend
HOUSTON, May 21, 2012 /PRNewswire/ -- The Board of Directors of Goodrich Petroleum Corporation (NYSE: GDP) has declared a quarterly cash dividend of $0.6719 per share on its 5.375% Series B Cumulative Convertible Preferred Stock for the 2nd Quarter of 2012. The dividend will be paid on June 15, 2012 to stockholders of record as of June 1, 2012. Goodrich Petroleum Corporation is an independent oil and gas exploration and production company, whose common stock is listed on the New York Stock Exchange ...continuedGDP Energy oil stock
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Sterling Resources Announces Potential Cost and Schedule Overrun on Breagh
CALGARY, May 21, 2012 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG) ("Sterling" or "the Company") has been informed by the Breagh field operator, RWE Dea UK ("RWE") of a probable cost and schedule overrun on its Breagh development project. The probable cost and schedule overrun relates to modification works being carried out at the existing Teesside Gas Processing Plant ("TGPP") so that the Breagh production can be received and processed at TGPP. Sterling previously announced that such...continuedSLG:CA Energy
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FX Energy Selects Two New Exploratory Wells for 2012
SALT LAKE CITY, May 20, 2012 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today announced it has added two new exploratory wells to those already scheduled for drilling in 2012. The new wells, Tuchola-3 and Frankowo, will test prospects in two of the Company's 100%-owned concessions in Poland. These wells will enable the Company to increase the momentum of its most active drilling year to date. The new wells will fit within the previously reported $60 to $70 million capital budget. The Company exp...continuedFXEN Energy shale oil
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Macro Enterprises Inc. Announces Grant of Stock Options
FORT ST. JOHN, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Macro Enterprises Inc. (the "Company" or "Macro") (TSX VENTURE:MCR) has granted, under its Stock Option Plan, incentive stock options to its newly appointed independent director, Les Jourdain, to purchase up to an aggregate of 50,000 common shares in the capital of the Company exercisable for a period of five years ending on May 17, 2017 at a price of $0.425 per share. Macro's core business is providing pipeline and facilities constru...continuedMCR:CA Energy Gas
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Compton announces second extension to cure period for payment of credit facility
CALGARY, May 18, 2012 /CNW/ - Compton Petroleum Corporation (TSX - CMT) announces the second extension of the cure period to June 8, 2012 for the repayment of $30.0 million drawn on its credit facility over the available amount of $110.0 million; previously due May 23, 2012. The extension reflects the progress made by the Corporation and RBC Capital Markets with its recapitalization. About Compton Petroleum Corporation Compton Petroleum Corporation is a public corporation actively engaged...continuedCMT:CA CMZPF Energy
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Chesapeake Energy Corporation Reduces Board Compensation
The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) today announced that it has adopted a new compensation arrangement for outside directors that reduces compensation by approximately 20% and eliminates the use of fractionally owned aircraft for personal travel by outside directors. The Board has taken this action in consultation with an independent compensation advisor as part of a broader review of the company’s executive compensation programs. As noted in Chesapeake’s r...continuedCHK Energy oil Gas
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Chesapeake Energy Corporation Reduces Board Compensation
The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) today announced that it has adopted a new compensation arrangement for outside directors that reduces compensation by approximately 20% and eliminates the use of fractionally owned aircraft for personal travel by outside directors. The Board has taken this action in consultation with an independent compensation advisor as part of a broader review of the company’s executive compensation programs. As noted in Chesapeake’s r...continuedCHK Energy Gas oil
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Lynden Closes Second Tranche of Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Lynden Energy Corp. (TSX VENTURE:LVL) reports that it has raised gross proceeds of CDN $2,043,300 by closing the second and final tranche of its recently announced CDN $6,300,000 non-brokered private placement. The funds were raised through the issuance of 4,865,000 units at a price of CDN $0.42 per unit. Each unit is comprised of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable at a price of CD...continuedLVL:CA Energy
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Petro Vista Completes Sale of Colombian Subsidiary
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Petro Vista Energy Corp. ("Petro Vista" or the "Company") (TSX VENTURE:PTV) announces that further to its news release of May 6, 2012 it has completed the sale of all of the shares of its wholly owned Petro Vista Energy Colombia (Barbados) Corp. to Deep Core Inc. As a result of this sale, the Company has now disposed of its interests and extinguished all liabilities associated with its operations in Colombia. The Company has refocused i...continuedPTV:CA Energy
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Houston American Energy Announces Commencement of Drilling Operations on Cachirre #1 Well
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Schlumberger Announces Second-Quarter 2012 Results Conference Call
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Chevron Honors Lubricant Carriers
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ROYAL DUTCH SHELL PLC – Buyback of Own Shares
Royal Dutch Shell plc announces that on 18 May, 2012 it purchased for cancellation 800,000 "B" Shares at a price of 2043.71 pence per share. Following the cancellation of these shares, the remaining number of "A" Shares of Royal Dutch Shell plc will be 3,696,048,510 and the remaining number of "B" Shares of Royal Dutch Shell plc will be 2,651,012,100 Enquiries Shell Media Relations International, UK, European Press: +31 70 377 3600 Shell Investor Relations Europe: + 31 70 377 3996 United States...continuedRDS.B Energy careers investor
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ShawCor Receives Contract for the Coating of the Julimar Development Project
TORONTO, May 18, 2012 /PRNewswire/ -- ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced that its pipecoating division, Bredero Shaw, has received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline coatings and related products and services for the Julimar Development Project. The Apache-operated Julimar Development Project is a joint venture between Apache (65%) and Kuwait Foreign Petroleum Exploration Company - KUFPEC (35%). The project will supply raw ...continuedSCL.A:CA SCL.B:CA Energy Energy
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Murphy Oil Sells $500 Million of 10-Year Notes with a Coupon of 4.00%
Murphy Oil Corporation (NYSE:MUR) announced today that it closed on the sale of $500 million of 4.00% coupon notes which will mature on June 1, 2022. Interest is payable semi-annually on June 1 and December 1, commencing December 1, 2012. Proceeds of the issue are expected to be used to repay outstanding indebtedness under existing credit facilities and for general corporate purposes. J.P. Morgan Securities LLC and Wells Fargo Securities, LLC were Joint Book-Running Managers. Merrill Lynch, Pierce...continuedMUR oil petroleum Energy
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ShawCor Receives Contract For The Coating Of The Julimar Development Project
(TSX: SCL.A, SCL.B) TORONTO, May 18, 2012 /PRNewswire/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced that its pipecoating division, Bredero Shaw, has received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline coatings and related products and services for the Julimar Development Project. The Apache-operated Julimar Development Project is a joint venture between Apache (65%) and Kuwait Foreign Petroleum Exploration Company - KUFPEC (35%). Th...continuedSCL.A:CA SCL.B:CA Energy Energy
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ShawCor Receives Contract For The Coating Of The Julimar Development Project
(TSX: SCL.A, SCL.B) TORONTO, May 18, 2012 /CNW/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced that its pipecoating division, Bredero Shaw, has received a contract from Apache in Australia with a value in excess of US$45 million to provide pipeline coatings and related products and services for the Julimar Development Project. The Apache-operated Julimar Development Project is a joint venture between Apache (65%) and Kuwait Foreign Petroleum Exploration Company - KUFPEC (35%). The proje...continuedSCL.A:CA SCL.B:CA Energy Energy
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Exterran Partners to Present at 2012 Master Limited Partnership Investor Conference
Exterran Partners, L.P. (NASDAQ: EXLP) today announced that Bill Austin, Senior Vice President, of Exterran Partners’ managing general partner, is scheduled to present at the 2012 Master Limited Partnership Investor Conference sponsored by the National Association of Publicly Traded Partnerships in Greenwich, Connecticut on Thursday, May 24, 2012 at approximately 3:30 p.m. Eastern Time. If you would like to listen to the presentation during the conference, please enter this URL: http://www....continuedEXLP Energy compression compressor
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EurOmax Files NI43-101 Technical Report for the Updated Mineral Resource Estimate on its Ilovitza Cu-Au Porphyry Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - EurOmax Resources Ltd. (TSX VENTURE:EOX) (OTCQX:EOXFF) ("EurOmax" or the "Company") is pleased to announce that a technical report for the updated mineral resource estimate announced for its Ilovitza Cu-Au Porphyry Project on April 4, 2012 has been filed on SEDAR, in compliance with National Instrument 43-101. The technical report is available under the Company's profile on SEDAR (www.sedar.com) and can also be viewed on the Company's web...continuedEOX:CA EOXFF Energy
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Tuscany Doubles Oil Production, Revenue and Cash Flow in Q1 2012
CALGARY, ALBERTA--(Marketwire - May 18, 2012) - Tuscany Energy Ltd. (TSX VENTURE:TUS) ("Tuscany" or the "Company") is pleased to report that for the three months ended March 31, 2012, it more than doubled oil production, revenues and cash flow from operations, as compared with the same period in the prior year. Average production rates for the first quarter of 370 BOEd were the highest achieved by the Company, to date. Revenues increased to $2.2 million from $989,000 in Q1 2011. Ninety eight percent...continuedTUS:CA Energy
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Genoil Announces Director Resignation
CALGARY, ALBERTA--(Marketwire - May 18, 2012) - Genoil Inc. (TSX VENTURE:GNO)(OTCBB:GNOLF) has announced that Alan Heller has tendered his resignation as director and member of the Audit Committee, of the Corporation, such resignation to be effective as of May 17, 2012. The Corporation's directors are currently reviewing candidates to assume Mr. Heller's roles and responsibilities within the Corporation. Information respecting any such candidates identified prior to the date of the Corporation's ...continuedGNO:CA GNOLF refining oil Energy
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Crown Point Ventures Ltd. Announces Successful Completion of the First Well in its 2012 Drilling Program and the Casing of its Second Well as a Potential Multizone Oil Well
CALGARY, ALBERTA--(Marketwire - May 18, 2012) - Crown Point Ventures Ltd. (TSX VENTURE:CWV) ("Crown Point" or "the Company") is pleased to provide this operational update and announce that the first well (EV 34) of the ten well 2012 drilling program on its El Valle concession in the Golfo San Jorge Basin, Argentina has been successfully completed as an oil well. In addition, the Company advises that the second well to be drilled (EV 33) has been cased as a potential multi-zone oil well. El Vall...continuedCWV:CA Energy
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