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Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update

7 hours ago DieselGasoil Comments Off on Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update
DENVER, April 25, 2019 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary first quarter 2019 results, provided an operations update and announced its first quarter 2019 earnings release and conference call date. The Company has also posted an updated investor presentation to its website. Highlights include: First quarter Read More

Woman wakes up from coma 27 years after school bus crash

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A woman who suffered a catastrophic brain injury and fell into a coma when her car collided with a school bus in the United Arab Emirates has woken up for the first time in almost three decades. Munira Abdulla was involved in the horrific road accident in 1991, having picked up her son Omar, 4, Read More

Range Announces First Quarter 2019 Financial Results

3 days ago DieselGasoil Comments Off on Range Announces First Quarter 2019 Financial Results
FORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results.  Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 million GAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income Read More

In 2018, the United States consumed more energy than ever before

1 week ago DieselGasoil Comments Off on In 2018, the United States consumed more energy than ever before
April 16, 2019 Primary energy consumption in the United States reached a record high of 101.3 quadrillion British thermal units (Btu) in 2018, up 4% from 2017 and 0.3% above the previous record set in 2007. The increase in 2018 was the largest increase in energy consumption, in both absolute and percentage terms, since 2010. Read More

Penn Virginia Appoints New Independent Director to the Board

1 week ago DieselGasoil Comments Off on Penn Virginia Appoints New Independent Director to the Board
David Geenberg to Step Down from the BoardSchedules 2019 Annual Meeting HOUSTON, April 15, 2019 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ: PVAC) today announced that Brian Steck has been appointed to the Company’s Board of Directors and David Geenberg has resigned from the Board, both effective immediately. The Penn Read More

Wayfinder begins commissioning “Big Molly”, the nearest frac sand facility to the Duvernay

3 weeks ago DieselGasoil Comments Off on Wayfinder begins commissioning “Big Molly”, the nearest frac sand facility to the Duvernay
CALGARY, Alberta, April 03, 2019 (GLOBE NEWSWIRE) — Wayfinder Corp. (“Wayfinder”) announced today that the company has started commissioning its new frac sand extraction and processing operation, which is now Alberta’s closest regional silica sand facility to the Duvernay. Strategically located 80km SE of Whitecourt on Hwy 43, the facility is one of the largest Read More

Shell sees rise in Nigeria oil spills in 2018

3 weeks ago DieselGasoil Comments Off on Shell sees rise in Nigeria oil spills in 2018
FILE PHOTO: A warning sign belonging to the company Royal Dutch Shell is seen along the Nembe creek in Nigeria’s oil state of Bayelsa December 2, 2012. REUTERS/Akintunde Akinleye LONDON (Reuters) – Royal Dutch Shell last year experienced a sharp rise in the number of oil spills caused by pipeline theft in Nigeria, which the Read More

Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results

1 month ago DieselGasoil Comments Off on Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results
FORT ST. JOHN, British Columbia, March 21, 2019 (GLOBE NEWSWIRE) —   Summary of financial results   (thousands of dollars except per share amounts)   Three months ended December 31 Year ended December 31   2018 2017 2018 2017   (unaudited)              Revenues $ 137,595 $ 26,897   $ 191,060 Read More

Denbury and Penn Virginia Mutually Agree to Terminate Merger Agreement

1 month ago DieselGasoil Comments Off on Denbury and Penn Virginia Mutually Agree to Terminate Merger Agreement
PLANO, Texas, March 21, 2019 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has mutually agreed with Penn Virginia Corporation (NASDAQ: PVAC) (“Penn Virginia”) to terminate their previously announced agreement under which Denbury was to acquire Penn Virginia. Chris Kendall, Denbury’s President and CEO, commented, “While we Read More