Permian

Frost Bank Appoints New General Counsel

Retrieved on: 
Monday, August 9, 2021
Permian, Investment, University, Emory University School of Law, Akin Gump Strauss Hauer & Feld, Frost Bank, SAN, Baker Hughes, NYSE, Frost, Government Legal Department, CFR, Legal Department (Hong Kong), Insurance, Management

SAN ANTONIO, Aug. 9, 2021 /PRNewswire/ -- Frost Bank announced today the addition of C.E.

Key Points: 
  • SAN ANTONIO, Aug. 9, 2021 /PRNewswire/ -- Frost Bank announced today the addition of C.E.
  • Rhodes to its executive team as group executive vice president, general counsel and corporate secretary.
  • He later spent more than 11 years in the Legal Department at Baker Hughes, where he was a vice president and an associate general counsel for global operations.
  • "He's someone who is familiar with Frost's lines of business and its philosophies, and we welcome him to the Frost family."

Apache Corporation Commences Cash Tender Offer for Any and All of Certain of Its Outstanding Notes for Up to $1.5 Billion Aggregate Principal Amount

Retrieved on: 
Monday, August 9, 2021
Permian, Settlement date, Personal Information Agent, Securities Exchange Act of 1934, THE, LLC, Citigroup, Interest, APA Corporation, Goldman Sachs, RBC, Tender, Nasdaq, TD Securities, USA, Lane v. Holder, Accounting, Ownership, The Purchase Price, Priority level, United Kingdom, Purchase price adjustment, Forward-looking statement, Securities Act of 1933, RBC Capital Markets, Debt monetization, TD, Acceptance, HSBC, Accrued interest, Security (finance), Life insurance, Reinsurance

The applicable Purchase Price for each $1,000 principal amount of Notes validly tendered and accepted for purchase will be determined as set forth in the table above.

Key Points: 
  • The applicable Purchase Price for each $1,000 principal amount of Notes validly tendered and accepted for purchase will be determined as set forth in the table above.
  • Holders who validly tender and do not validly withdraw their Notes at or prior to the Expiration Time will be eligible to receive the applicable Purchase Price.
  • The Offers to purchase the Notes are only being made pursuant to the terms of the Offer to Purchase.
  • Any forward-looking statement made by Apache in this release speaks only as of the date on which it is made.

Riley Permian Schedules Fiscal Third Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Friday, August 6, 2021
Permian, Natural gas, Company, Q&A, Acquisition, Interest, NYSE, Petroleum

OKLAHOMA CITY, Aug. 6, 2021 /PRNewswire/ -- Riley Exploration Permian, Inc.(NYSE American: REPX) ("Riley Permian" or the "Company"), plans to release fiscal third quarter 2021 financial and operating results onAugust 12, 2021 after the U.S. financial markets close.

Key Points: 
  • OKLAHOMA CITY, Aug. 6, 2021 /PRNewswire/ -- Riley Exploration Permian, Inc.(NYSE American: REPX) ("Riley Permian" or the "Company"), plans to release fiscal third quarter 2021 financial and operating results onAugust 12, 2021 after the U.S. financial markets close.
  • In connection with the earnings release, Riley Permian management will host a conference call for investors and analysts on August 13, 2021 at 8:00 a.m. CT to discuss the Company's results and to host a Q&A session.
  • Interested parties are invited to participate by calling:
    An updated company presentation, which will include certain items to be discussed on the call, will be posted prior to the call on the Company's website ( www.rileypermian.com ).
  • A replay of the call will be available until August 27, 2021 by calling:
    Riley Permian is an independent oil and natural gas company focused on steadily growing its reserves, production and cash flow per share through the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids in the Permian Basin.

DGAP-News: African Energy Chamber: Oil Discovery in Namibia's Kavango Basin Represents Hope for Namibians and the Environment (By NJ Ayuk)

Retrieved on: 
Friday, August 6, 2021
Permian, Petro, Online, Centurion, Growth, The Wall Street Journal Europe, Health, CEO, Kavango, Climate change, Amazon, Environment, Technology, Government agency, Partnership, DGAP, Petroleum, Animal, Elephant, Non-governmental organization, Water, African Energy Commission, Play, Acquisition, APO Group, Science, Entrepreneurship, News, Government, Wall, Book, Education, Security (finance), Oil, Pharmaceutical industry, Renewable energy, Risk management, Hunting

Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. ("ReconAfrica") began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana.

Key Points: 
  • Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. ("ReconAfrica") began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana.
  • ReconAfrica now owns a 90% interest in the Kavango Basin, and NAMCOR holds the remaining 10% interest.
  • Based on their commercial success, the agreement entitles ReconAfrica to a 25-year production license over any commercial discovery.
  • But it's a fallacy to think that oil production in the Kavango Basin will crowd renewables out of the marketplace.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Concho Resources Inc. - CXO

Retrieved on: 
Friday, August 6, 2021
Permian, Dominator, Budget, Company, Concho Resources, NYSE, News, GLOBE, Concha, Delaware Basin, Private investigator

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concho Resources Inc. (Concho or the Company) (NYSE:CXO).

Key Points: 
  • NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concho Resources Inc. (Concho or the Company) (NYSE:CXO).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Concho and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Summit Midstream Partners, LP Announces Agreements to Resolve 2015 Discovery of Produced Water Release

Retrieved on: 
Thursday, August 5, 2021
Permian, Natural gas, Codell, Kansas, Bone Spring Formation, Global Analyst Research Settlements, Bend Arch–Fort Worth Basin, Partnership, Mesaverde Group, Annual report, Utica Shale, Multimedia, Piceance Basin, Water, LLC, Transport, Mancos, Colorado, U.S. Securities and Exchange Commission, Delaware Basin, Forward-looking statement, Pharmaceutical industry, Oil

Since discovering the spill in 2015, we have invested approximately $75 million on these overall system improvements and environmental remediation measures at the Blacktail Creek site.

Key Points: 
  • Since discovering the spill in 2015, we have invested approximately $75 million on these overall system improvements and environmental remediation measures at the Blacktail Creek site.
  • The Global Settlement is an important final step to fully resolve the ongoing government investigations and legal matters.
  • This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws.
  • Any forward-looking statements in this press release are made as of the date of this press release and SMLP undertakesno obligation to update or revise any forward-looking statements to reflectnew informationor events.

Whiting USA Trust II Announces Trust Quarterly Distribution

Retrieved on: 
Thursday, August 5, 2021
Oil, Gas, Energy, Permian, U.S. Securities and Exchange Commission, Public expenditure, Whiting, Annual report, Government, COVID-19, NPI, Securities Exchange Act of 1934, Trustee, SEC, Rocky Mountains, Environment, Security (finance), Ridesharing company, Life insurance, Oil

Total gross proceeds increased $3.1 million (or 32%) during the second quarterly payment period of 2021 as compared to the first quarterly payment period of 2021.

Key Points: 
  • Total gross proceeds increased $3.1 million (or 32%) during the second quarterly payment period of 2021 as compared to the first quarterly payment period of 2021.
  • Production taxes as a percentage of revenues decreased slightly from 5.1% during the first quarterly payment period of 2021 to 5.0% for the second quarterly payment period of 2021.
  • Development costs increased $0.2 million during the second quarterly payment period of 2021 as compared to the first quarterly payment period of 2021.
  • The provision for estimated Trust expenses increased $1.0 million during the second quarterly payment period of 2021 as compared to the first quarterly payment period of 2021.

Provenance Gold Announces First Drill Hole at White Rock Property in Nevada Intersected a Cumulative 300 feet of Shallow Gold Mineralization Beginning with an Interval of 95 feet that Assayed 0.636 g/t Gold

Retrieved on: 
Thursday, August 5, 2021
Permian, Paragon, Company, QA/QC, FSE, Newmont Corporation, National Instrument 43-101, Strategic planning, Gold, Quality control, Vein, RC, Review, Program, Quality, Board, CSE, Black pine, Silver, News, Senior Consultant, National instrument, Pau, Mission statement, Private Securities Litigation Reform Act, Acquisition, Canadian Securities Exchange, Mining, Uranium, Risk management

Hole WR-15 was drilled vertically to test disseminated gold mineralization in the sedimentary rocks that host the system.

Key Points: 
  • Hole WR-15 was drilled vertically to test disseminated gold mineralization in the sedimentary rocks that host the system.
  • This was closely followed by another 53 meters (175 feet) of 0.197 g/t gold.
  • Both intervals each contained 7.6 meters (25 feet) of 1.45 g/t gold and 0.427 g/t gold respectively.
  • The anomalous gold mineralized zone had a cumulate thickness of 91.5 meters (300 feet).

Altus Midstream Announces Second-Quarter 2021 Results

Retrieved on: 
Wednesday, August 4, 2021
Permian, Nasdaq, Altus, Delaware Basin, Telephone, GLOBE, Petroleum

HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced second-quarter 2021 results.

Key Points: 
  • HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced second-quarter 2021 results.
  • There will be a conference call Aug. 5 at 1 p.m. Central time to discuss the results.
  • It will be webcast and archived on Altus website and available for playback by telephone for one week.
  • Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Concho Resources Inc. (CXO) Investors

Retrieved on: 
Wednesday, August 4, 2021
Legal, Professional Services, Geology of the United States, ConocoPhillips, Geology of Texas, Concha, Permian Basin, Dominator, Cop, Prehistory of North America

Concho investors have until September 28, 2021 to file a lead plaintiff motion.

Key Points: 
  • Concho investors have until September 28, 2021 to file a lead plaintiff motion.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In 2018, Concho planned and constructed the Dominator Project (Dominator) located in the Permian Basin.
  • ConocoPhillips (NYSE: COP ) acquired Concho in January 2021 and is also named as a defendant in the complaint.