newszine

Terra Nova to Exhibit at APPEA 2019 Conference

11 hours ago DieselGasoil Comments Off on Terra Nova to Exhibit at APPEA 2019 Conference
TORONTO, May 24, 2019 (GLOBE NEWSWIRE) — Terra Nova Resources Inc. (“TNR” or “the Company”) (CSE: TENO) is pleased to announce that it will participate in the 2019 Australian Petroleum Production & Exploration Association (APPEA) Conference as an exhibitor in Brisbane, Australia, between May 27 to 30, 2019. The APPEA Oil and Gas Conference and Read More

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

22 hours ago DieselGasoil Comments Off on Light PBOC touch makes once unlikely yuan at 7/$ seem possible
SHANGHAI (Reuters) – As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more judicious in their intervention and have no specific target for the currency. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, Read More

Exploration well completed on the Vinstra and Otta prospects in the North Sea

22 hours ago DieselGasoil Comments Off on Exploration well completed on the Vinstra and Otta prospects in the North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry. The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Middle Jurassic Read More

Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update

1 day ago DieselGasoil Comments Off on Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce a proposed debt restructuring transaction, private placement and credit facility renewal update. Under the terms of a first amending agreement to the Company’s $60.0 million Term Loan entered into between the Company and the Read More

Gran Tierra Energy Inc. Announces Closing of $300 Million 7.750% Senior Notes Offering

1 day ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Closing of $300 Million 7.750% Senior Notes Offering
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has completed its previously announced offering of $300 million aggregate principal amount of 7.750% Senior Notes due 2027 (the “Notes”) in a private placement to qualified institutional buyers in the United States pursuant to Rule Read More

SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results

2 days ago DieselGasoil Comments Off on SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results
Highlights Operating revenue of $203.7 million.  Operating income of $34.9 million.  Net loss of $51.3 million Adjusted EBITDA of $109.0 million.  Cash and cash equivalents of $772.9 million. Economic utilization of 97%.  Order backlog of $755 million as of May 23, 2019. 1 cent per common unit distribution for the first quarter of 2019. Financial Read More

SDRL – Seadrill Limited Announces First Quarter 2019 Results

2 days ago DieselGasoil Comments Off on SDRL – Seadrill Limited Announces First Quarter 2019 Results
Highlights Revenue of  $302 million  Operating loss of $71 million  Adjusted EBITDA of $72 million  93% economic utilization Reported net loss of $296 million and net loss per share of $2.95  Total cash of $1.9 billion  Seadrill Limited order backlog of approximately $1.9 billion $130 million added to backlog since our last earnings report in Read More

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized Initial Public Offering of Common Units

2 days ago DieselGasoil Comments Off on Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized Initial Public Offering of Common Units
MIDLAND, Texas, May 22, 2019 (GLOBE NEWSWIRE) — Rattler Midstream LP (“Rattler”), a subsidiary of Diamondback Energy, Inc. (Nasdaq: FANG) (“Diamondback”), and Diamondback today announced the pricing of Rattler’s initial public offering of 38,000,000 common units representing limited partner interests at $17.50 per common unit. The 38,000,000 offering of common units represents a 4,666,667 unit Read More

CSW Industrials Reports Fiscal Fourth Quarter and Full Year 2019 Results

3 days ago DieselGasoil Comments Off on CSW Industrials Reports Fiscal Fourth Quarter and Full Year 2019 Results
Fourth Quarter Fiscal 2019 Highlights Fourth quarter 2019 revenue from continuing operations of $91.5 million, up 9.6% compared to $83.5 million in the prior year period. Fourth quarter 2019 GAAP net income from continuing operations increased to $13.6 million, or $0.90 per diluted share, compared to $10.6 million, or $0.68 per diluted share, in the Read More

U.S. judge rules Qualcomm practices violate antitrust law

3 days ago DieselGasoil Comments Off on U.S. judge rules Qualcomm practices violate antitrust law
FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake (Reuters) – Qualcomm Inc unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled, sending the company’s shares down 13 percent in Read More