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Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis

6 days ago DieselGasoil Comments Off on Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis
HOUSTON (Reuters) – Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Wednesday, as volatile oil and gas prices drive companies to seek protection from creditors. A total of 26 firms with debts totaling $10.96 billion Read More

Ultra Petroleum Corp. Announces Second Quarter 2019 Results Outperforming Guidance on Production and Controllable Cash Costs and Provides Operations Update with Decision to Reduce Capital Expenditures by Reducing Activity to a Single Operated Drilling Rig

2 weeks ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces Second Quarter 2019 Results Outperforming Guidance on Production and Controllable Cash Costs and Provides Operations Update with Decision to Reduce Capital Expenditures by Reducing Activity to a Single Operated Drilling Rig
ENGLEWOOD, Colo., Aug. 09, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (OTCQX: UPLC) announces financial and operating results for the quarter ended June 30, 2019. Financial and Operating Highlights: Second quarter production was 62.5 billion cubic feet equivalent (“Bcfe”), above guidance, The Company brought 26 gross (26.0 net) operated vertical Read More

Contango Announces Second Quarter 2019 Financial Results and Provides Operational Update

2 weeks ago DieselGasoil Comments Off on Contango Announces Second Quarter 2019 Financial Results and Provides Operational Update
HOUSTON, Aug. 08, 2019 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the second quarter ended June 30, 2019 and provided an operational update. Second Quarter Highlights Production of 2.9 Bcfe for the quarter, or 32.3 Mmcfe per day, approximate mid-point of Read More

Bellatrix Exploration Ltd. Announces Second Quarter 2019 Financial and Operating Results

2 weeks ago DieselGasoil Comments Off on Bellatrix Exploration Ltd. Announces Second Quarter 2019 Financial and Operating Results
CALGARY, Alberta, Aug. 07, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix”, “we”, “us”, “our” or the “Company”) (TSX: BXE) announces its financial and operating results for the three and six months ended June 30, 2019. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set Read More

Ormat Technologies Reports Second Quarter 2019 Financial Results

2 weeks ago DieselGasoil Comments Off on Ormat Technologies Reports Second Quarter 2019 Financial Results
RENO, Nev., Aug. 07, 2019 (GLOBE NEWSWIRE) — Ormat Technologies, Inc.1 (NYSE: ORA) today announced financial results for the second quarter ended June 30, 2019. ($ millions, except per share amounts) Q2 2019 Q2 2018 Change (%) Revenues Electricity 129.1 122.2 5.6% Product 52.0 54.9 (5.3%) Other 3.0 1.2 145.3% Total Revenues 184.1 178.3 3.2% Read More

Halcón Resources Files for Court Approval of Prepackaged Plan of Reorganization

2 weeks ago DieselGasoil Comments Off on Halcón Resources Files for Court Approval of Prepackaged Plan of Reorganization
HOUSTON, TEXAS, Aug. 07, 2019 (GLOBE NEWSWIRE) — Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) and its subsidiaries today announced that they filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas to pursue a prepackaged plan of Read More

Oxy begins bond sale to fund Anadarko deal

2 weeks ago DieselGasoil Comments Off on Oxy begins bond sale to fund Anadarko deal
8/6/2019 NEW YORK (Bloomberg) – Occidental Petroleum is selling bonds to help finance its $38 billion acquisition of Anadarko, as debt issuers show faith in Tuesday’s market rebound. Occidental is selling bonds in as many as 10 parts, according to a person with knowledge of the matter. The longest portion of the offering, a 30-year Read More

Halcón Enters into Restructuring Support Agreement with Unsecured Noteholders

3 weeks ago DieselGasoil Comments Off on Halcón Enters into Restructuring Support Agreement with Unsecured Noteholders
HOUSTON, Aug. 02, 2019 (GLOBE NEWSWIRE) — Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) today announced the Company has entered into a Restructuring Support Agreement (the “RSA”) with certain holders of its 6.75% Senior Unsecured Notes due 2025 (the “Unsecured Notes”), representing 67.3% of the amount of Unsecured Notes currently outstanding. The Read More

Parkland Fuel Corporation Announces Record 2019 Second Quarter Results and Increases its 2019 Adjusted EBITDA Guidance Range to $1.165 Billion ± 5%

3 weeks ago DieselGasoil Comments Off on Parkland Fuel Corporation Announces Record 2019 Second Quarter Results and Increases its 2019 Adjusted EBITDA Guidance Range to $1.165 Billion ± 5%
CALGARY, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) announced today the financial and operating results for the three and six months ended June 30, 2019. All financial figures are expressed in Canadian dollars unless otherwise noted. “The strength of Parkland’s diverse portfolio and integrated assets was Read More

GasLog Ltd. Reports Financial Results for the Three-Month Period Ended June 30, 2019

3 weeks ago DieselGasoil Comments Off on GasLog Ltd. Reports Financial Results for the Three-Month Period Ended June 30, 2019
Monaco, Aug. 01, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. and its subsidiaries (“GasLog” or “Group” or “Company”) (NYSE: GLOG), an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended June 30, 2019. Highlights • Delivery of the GasLog Warsaw on July 31, 2019, Read More