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New Zealand finds fruit fly that could threaten crops, ramps up monitoring

22 hours ago DieselGasoil Comments Off on New Zealand finds fruit fly that could threaten crops, ramps up monitoring
WELLINGTON (Reuters) – New Zealand on Thursday set up hundreds of traps around the country’s largest city of Auckland after finding a second Queensland fruit fly, a species that poses a risk to the country’s multi-billion dollar horticulture sector. A solitary male Queensland fly was collected from a fruit fly surveillance trap and formally identified Read More

Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call

3 days ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call
ENGLEWOOD, Colo., Feb. 19, 2019 (GLOBE NEWSWIRE) — Today Ultra Petroleum Corp. (“Ultra Petroleum,” “Ultra” or the “Company”) (NASDAQ: UPL) announced its 2018 year-end reserves and production, semi-annual borrowing base redetermination and favorable amendment to its leverage covenants and schedules its 2018 fourth quarter and year-end earnings call. Key Highlights: Fourth quarter and full-year 2018 Read More

Wreck of aircraft carrier behind WW2 ‘Doolittle Raid’ found on Pacific Ocean floor (PHOTOS)

1 week ago DieselGasoil Comments Off on Wreck of aircraft carrier behind WW2 ‘Doolittle Raid’ found on Pacific Ocean floor (PHOTOS)
USS Hornet, the legendary aircraft carrier that fought at Midway and launched the Doolittle Raid on Tokyo, was sunk in 1942. Now, after 77 years, her wreckage has been found three miles deep on the bottom of the South Pacific. The Hornet was last seen in October 1942, sinking after being fatally struck by Japanese Read More

PDC Energy Announces 2018 Full-Year Production and Year-End Proved Reserves; Issues 2019 Production & Capital Guidance – Expects to be Cash Flow Positive at $50 WTI Oil

1 week ago DieselGasoil Comments Off on PDC Energy Announces 2018 Full-Year Production and Year-End Proved Reserves; Issues 2019 Production & Capital Guidance – Expects to be Cash Flow Positive at $50 WTI Oil
DENVER, Feb. 11, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (NASDAQ: PDCE) today reported its 2018 full-year production and year-end SEC proved reserves, as well as its production and capital investment guidance for 2019. 2018 Highlights: Full-year 2018 oil and gas capital investment of approximately $985 million, generating a year-over-year production Read More

VAALCO Energy Announces 76% Increase in Proved Reserves at Year-End 2018 and a 2019 Drilling Program to Include Up to Three Development Wells Funded With Cash on Hand and Cash From Operations

2 weeks ago DieselGasoil Comments Off on VAALCO Energy Announces 76% Increase in Proved Reserves at Year-End 2018 and a 2019 Drilling Program to Include Up to Three Development Wells Funded With Cash on Hand and Cash From Operations
HOUSTON, Feb. 11, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced 2018 year-end reserves and plans for drilling in 2019. Highlights Produced an average of 3,750 barrels of oil per day (“BOPD”) net in 2018 and sold 1.44 million barrels of oil (“MMBO”) net to the Company in 2018 Increased year-end proved Read More

Phantom investigation? France delays report on mystery cases of babies born without arms

3 weeks ago DieselGasoil Comments Off on Phantom investigation? France delays report on mystery cases of babies born without arms
France’s public Health agency has postponed the release of a report on an investigation into the abnormal numbers of babies being born without arms in rural regions — a Medical mystery which has baffled experts. Three infants were born with no arms between June and November 2016 within a 30km radius of Vitrolles in the Read More

U.S. government shutdown threatens rollout of new car models: automakers

4 weeks ago DieselGasoil Comments Off on U.S. government shutdown threatens rollout of new car models: automakers
WASHINGTON (Reuters) – The partial U.S. government shutdown is threatening to delay the roll-out of new vehicle models in the United States by stalling required certifications from the Environmental Protection Agency, automakers said. FILE PHOTO – Newly assembled Ford F150 pick-up trucks are driven off the assembly line during the 100-year celebration of the Ford Read More

Ultra Petroleum Corp. Enters into Agreements to Exchange an Incremental $24.1 Million Principal Amount of 2022 Notes Under More Favorable Terms Than December Debt Exchange

4 weeks ago DieselGasoil Comments Off on Ultra Petroleum Corp. Enters into Agreements to Exchange an Incremental $24.1 Million Principal Amount of 2022 Notes Under More Favorable Terms Than December Debt Exchange
ENGLEWOOD, Colo., Jan. 23, 2019 (GLOBE NEWSWIRE) — Today Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) announced it has entered into agreements to effect, subject to customary settlement procedures, an incremental notes exchange transaction that provides for the exchange of approximately $24.1 million aggregate principal amount of its 6.875% Senior Notes due 2022 Read More

After billion-barrel bonanza, BP goes global with seismic tech

1 month ago DieselGasoil Comments Off on After billion-barrel bonanza, BP goes global with seismic tech
LONDON (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. BP’s Wolfspar seismic source device is pictured at Mad Dog oil field in the deepwater Gulf of Mexico, January 19, Read More

Ultra Petroleum Corp. Announces Favorable Opinion for Company on Make-Whole Litigation Appeal

1 month ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces Favorable Opinion for Company on Make-Whole Litigation Appeal
ENGLEWOOD, Colo., Jan. 17, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) announces that earlier today, the U.S. Court of Appeals for the Fifth Circuit delivered a favorable opinion in the appeal proceedings by Ultra Petroleum about the make-whole claims that had been asserted against the Company. This is Read More