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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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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Targa Resources Partners LP to Present at the National Association of Publicly Traded Partnerships 2012 MLP Investor Conference
HOUSTON, May 18, 2012 (GLOBE NEWSWIRE) -- Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") (NYSE:NGLS) announced today that representatives from Targa Resources Partners will present at the NAPTP 2012 MLP Investor Conference in Greenwich, CT on May 23, 2012 at 4:00 p.m. Eastern Time. The webcast and related presentation material can be accessed live on the Partnership's website at http://ir.targaresources.com/events.cfm?company=LP under "Events & Presentations" begi...continuedNGLS TRGP targa oil Pipeline
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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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Cimarex Energy Announces Quarterly Cash Dividend
DENVER, May 18, 2012 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 12 cents-per-share. The dividend is payable on September 4, 2012 to stockholders of record on August 15, 2012. About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U....continuedXEC oil cimarex xec
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Cimarex Energy Announces Quarterly Cash Dividend
DENVER, May 18, 2012 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 12 cents-per-share. The dividend is payable on September 4, 2012 to stockholders of record on August 15, 2012. About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U....continuedXEC oil Gas cimarex
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Houston American Energy Announces Commencement of Drilling Operations on Cachirre #1 Well
HOUSTON, May 18, 2012 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA) today announced that drilling operations have commenced on the Cachirre #1 well, its second well on the CPO 4 block in Colombia. The well is expected to be drilled to a total measured depth of approximately 9,500 feet. Drilling and testing of the well is expected to be completed within 60 days. Well results will be announced when available. About Houston American Energy Corp. Based in ...continuedHUSA Energy oil stocks
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STEALTHGAS INC. Announces Date for the Release of First Quarter 2012 Results, Conference Call and Webcast
ATHENS, Greece, May 18, 2012 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (Nasdaq:GASS) (the "Company"), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its results for the first quarter ended March 31, 2012 after the market closes in New York on Tuesday, May 22, 2012. On May 23, 2012 at 11:00 am ET, the company's management will host a conference call to discuss the results and the company's operat...continuedGASS Services petroleum oil
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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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Franklin Mining, Inc. Finalizes Contract with Huiracocha International Service, Securing the Funding Required for the Mining of the Escala Property
LAS VEGAS, May 18, 2012 /PRNewswire/ -- FRANKLIN MINING, INC. (Pink Sheets: FMNJ.pk) – is pleased to announce that the Company has finalized the highly anticipated agreement with a local Bolivian Corporation, Huiracocha International Service SRL, which has provided Bolser Ltda. with the required funding to mobilize and launch production. Bolser Ltda. is the Company's Lead Contractor in providing civil and mechanical work services; including construction and maintenance, mass earth mo...continuedFMNJ MGUY mines oil coal
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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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Atlas Energy, L.P. Establishes $50 Million Credit Facility
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HOUSTON, May 18, 2012 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that Blake T. DeBerry, President and Chief Executive Officer, and Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the UBS Global Oil & Gas Conference in Austin, Texas on Wednesday, May 23, 2012. Their remarks are scheduled to begin at 10:00 a.m. Central Daylight Time. The presentation slides will be available beginning at the time of the presentation on the Compa...continuedDRQ petroleum oil dril
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Copano Energy To Present At The 2012 NAPTP MLP Investor Conference
HOUSTON, May 18, 2012 /PRNewswire/ -- Copano Energy, L.L.C. (NASDAQ: CPNO) announced today that Bruce Northcutt, its President and Chief Executive Officer, will speak at the 2012 National Association of Publicly Traded Partnerships 11th Annual Master Limited Partnership Investor Conference, to be held May 23-24, 2012 in Greenwich, Connecticut. Copano Energy's presentation will be webcast live on Thursday, May 24, 2012, at 3:30 p.m. Eastern Time (2:30 p.m. Central Time). To listen to a live a...continuedCPNO Energy oil Gas
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Hyperdynamics Receives Notification from NYSE of Non-compliance with a Continued Listing Standard
HOUSTON, May 18, 2012 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) announced today that, on May 14, 2012, the New York Stock Exchange (NYSE) provided notice to Hyperdynamics that it did not satisfy one of the NYSE's standards for continued listing applicable to Hyperdynamics' common stock. The NYSE noted specifically that Hyperdynamics was "below criteria" for the NYSE's price criteria for common stock because the average closing price per share of Hyperdynamics' common stock was ...continuedHDY investment oil hypd
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Cal Dive Announces New Director
Cal Dive International, Inc. (NYSE: DVR) announced today that the Board has increased the size of the Board of Directors to six members, and that John B. Reed, Jr., an experienced marine construction industry executive, has joined the Board effective May 15, 2012. Mr. Reed has been added to the class of directors with a term expiring in 2013. Mr. Reed served as Chief Executive Officer and a Director of Global Industries, Ltd. from March 2010 until December 2011, when Global was acquired by Te...continuedDVR oil Energy caldive
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Delta Natural Gas Company, Inc. Announces Dividend
The board of directors of Delta Natural Gas Company, Inc. (NASDAQ: DGAS), at a meeting held May 17, 2012, authorized a quarterly stock dividend of seventeen and one-half cents ($.175) per share to be paid June 15, 2012 to all common shareholders of record as of June 1, 2012. The company distributed a 2 for 1 stock split on May 1, 2012. While this quarterly dividend amount of $.175 per share is one half of the previous quarterly dividend amount per share declared on February 17, 2012, it appli...continuedDGAS Electric oil safety
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Delta Natural Gas Company, Inc. Announces Dividend
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Royal Dutch Shell plc: Buyback of Own Shares
LONDON, May 17, 2012 /PRNewswire/ -- Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) announces that on 17 May, 2012 it purchased for cancellation 890,000 "B" Shares at a price of 2054.26 pence per share. Following the cancellation of these shares, the remaining number ...continuedRDS.A RDS.B quarter oil investor
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ROYAL DUTCH SHELL PLC – Buyback of Own Shares
Royal Dutch Shell plc announces that on 17 May, 2012 it purchased for cancellation 890,000 "B" Shares at a price of 2054.26 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 2,651,812,100 Enquiries Shell Media Relations International, UK, European Press: +31 70 377 3600 Shell Investor Relations Europe: + 31 70 377 3996 United States...continuedRDS.B oil Energy Gas
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Kodiak Oil & Gas Corp. Announces Closing of Private Offering of Senior Notes
DENVER, May 17, 2012 /PRNewswire/ -- Kodiak Oil & Gas Corp. ("Kodiak") (NYSE: KOG) today announced the closing of its private offering of $150 million in aggregate principal amount of senior notes due 2019 in a private placement to eligible investors. The notes bear interest at 8.125% per annum and were issued at a price of 104% of their face amount, plus interest accrued from November 23, 2011. The notes are being offered as additional notes under an existing indenture pursua...continuedKOG oil Energy
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Teekay Offshore Partners Reports First Quarter Results
HAMILTON, BERMUDA--(Marketwire - May 17, 2012) - Teekay Offshore Partners L.P. (NYSE:TOO) - Highlights Generated distributable cash flow (1) of $42.4 million in the first quarter of 2012, up approximately 45 percent from the same period of the prior year. Increased cash distribution to $0.5125 per unit for the first quarter of 2012, up 2.5 percent from the previous quarter. Completed $230 million in new debt financings, increasing the Partnership's liquidity to $436.7 million ...continuedTOO Transportation Services oil
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Teekay LNG Partners Reports First Quarter Results
HAMILTON, BERMUDA--(Marketwire - May 17, 2012) - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. ( Teekay LNG or the Partnership ) (NYSE:TGP) - Highlights Generated distributable cash flow of $50.8 million for the first quarter of 2012, an increase of 30 percent from the first quarter of 2011. Declared first quarter 2012 cash distribution of $0.675 per unit, an increase of 7 percent from the previous quarter. Completed acquisition of six LNG carriers from A.P. Mol...continuedTGP Gas Transportation oil
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Panhandle Oil and Gas Inc. Announces Dividend Payment
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