Marcellus Formation

Epsilon Announces Initiation of Quarterly Dividend and Plan to Repurchase Shares Pursuant to a Normal Course Issuer Bid

Retrieved on: 
Thursday, February 24, 2022

Accordingly, we believe it is prudent to take the next step in our shareholder return program by initiating a regular quarterly dividend.

Key Points: 
  • Accordingly, we believe it is prudent to take the next step in our shareholder return program by initiating a regular quarterly dividend.
  • With the initiation of a cash dividend, Epsilon intends to pay regular quarterly dividends, with future dividend payments subject to quarterly review and approval by its Board of Directors.
  • At this quarterly dividend rate, the annual dividend rate for the fiscal year 2022 is $0.25 per share.
  • To the knowledge of Epsilon, no director, senior officer or other insider of the Epsilon currently intends to sell any common shares under the normal course issuer bid.

Falcon Minerals Declares Dividend for Fourth Quarter 2021

Retrieved on: 
Thursday, February 17, 2022

Falcon Minerals Corporation (Falcon or the Company) (NASDAQ: FLMN, FLMNW) today announced that Falcons Board of Directors declared a dividend of $0.145 per Class A share for the fourth quarter 2021.

Key Points: 
  • Falcon Minerals Corporation (Falcon or the Company) (NASDAQ: FLMN, FLMNW) today announced that Falcons Board of Directors declared a dividend of $0.145 per Class A share for the fourth quarter 2021.
  • The dividend for the fourth quarter 2021 will be paid on March 9, 2022 to all Class A shareholders of record on February 28, 2022.
  • Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) is a C-Corporation formed to own and acquire high growth oil-weighted minerals rights.
  • The Company also owns approximately 80,000 gross unit acres in the Marcellus Shale across Pennsylvania, Ohio and West Virginia.

ECA Marcellus Trust I Announces Quarterly Distribution

Retrieved on: 
Tuesday, February 8, 2022

This cash is reserved to pay or provide for the payment of future known, anticipated or contingent expenses or liabilities of the Trust.

Key Points: 
  • This cash is reserved to pay or provide for the payment of future known, anticipated or contingent expenses or liabilities of the Trust.
  • Cash held in reserve will be invested as required by the trust agreement.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Greylock with respect to the relevant quarterly period.
  • The Trust's annual, quarterly and other filed reports are or will be available over the Internet at the SEC's web site at http://www.sec.gov .

MidCentral Energy Expands Northeast Presence

Retrieved on: 
Friday, January 14, 2022

OKLAHOMA CITY, Jan. 14, 2022 /PRNewswire/ --MidCentral Energy Partners, LLC, an Asset Performance Management company serving the energy sector, is moving to larger and improved facilities in the Appalachian Basin (servicing the Marcellus Utica Shales).

Key Points: 
  • OKLAHOMA CITY, Jan. 14, 2022 /PRNewswire/ --MidCentral Energy Partners, LLC, an Asset Performance Management company serving the energy sector, is moving to larger and improved facilities in the Appalachian Basin (servicing the Marcellus Utica Shales).
  • MidCentral is an asset performance management company committed to driving efficiency in the energy industry.
  • MidCentral has been headquartered in Oklahoma since 2010 and has field offices in Colorado, Oklahoma, Pennsylvania, and Texas.
  • Learn more about how MidCentral is revolutionizing the energy industry at MidCentralEnergy.com .

Desert Peak Minerals and Falcon Minerals Corporation to Combine in $1.9 Billion All-Stock Merger, Creating a Premier, Shareholder Returns-Driven Mineral and Royalty Consolidation Company

Retrieved on: 
Wednesday, January 12, 2022

Desert Peak Minerals (Desert Peak) and Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) (Falcon) announced today that they have entered into a definitive agreement to combine in an all-stock transaction which values the combined enterprise at $1.9 billion.

Key Points: 
  • Desert Peak Minerals (Desert Peak) and Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) (Falcon) announced today that they have entered into a definitive agreement to combine in an all-stock transaction which values the combined enterprise at $1.9 billion.
  • The combined company will remain focused on consolidating high-quality mineral and royalty positions in the Permian Basin while optimizing its existing asset base.
  • The combined company will be managed by the Desert Peak team and led by Desert Peaks current Chief Executive Officer, Christopher Conoscenti.
  • Combined company will have approximately 20 net wells normalized to a 5,000 foot basis that have either been spud or permitted.

Falcon Minerals Schedules Third Quarter 2021 Earnings Conference Call

Retrieved on: 
Monday, October 18, 2021

Falcon Minerals Corporation (Falcon or the Company) (NASDAQ: FLMN, FLMNW) today announced that the Company will host an earnings conference call for the third quarter 2021 on Thursday, November 4, 2021 at 9:00 am ET.

Key Points: 
  • Falcon Minerals Corporation (Falcon or the Company) (NASDAQ: FLMN, FLMNW) today announced that the Company will host an earnings conference call for the third quarter 2021 on Thursday, November 4, 2021 at 9:00 am ET.
  • Falcon intends to release its financial results for the third quarter 2021 following the market close on Wednesday, November 3, 2021.
  • Falcon management invites investors and interested parties to listen to the conference call by dialing (888) 567-1602 (International: (862) 298-0702).
  • A replay of the Falcon earnings call will be available starting at 2:00 pm ET on November 4, 2021.

Range Announces Changes to Board of Directors: Reginal Spiller Joins the Board of Directors and Steffen Palko Retires

Retrieved on: 
Monday, September 27, 2021

Range Chairman, Greg Maxwell stated, We are very pleased to announce the addition of Reg Spiller to the Range board.

Key Points: 
  • Range Chairman, Greg Maxwell stated, We are very pleased to announce the addition of Reg Spiller to the Range board.
  • Mr. Spiller has extensive experience in the oil and gas industry and has served our country at a high level in the U.S. Department of Energy.
  • He is active with the National Energy Technology Laboratory (NETL) programs in southwestern Pennsylvania and West Virginia, as well as other national labs.
  • His expertise and leadership in the energy industry, combined with his public service experience advancing energy technologies, make him a strong addition to Ranges board.

Vulcan Industrial Expands to Larger Facility in Pennsylvania

Retrieved on: 
Thursday, April 22, 2021

b'HOUSTON, April 22, 2021 /PRNewswire/ -- Vulcan Industrial has expanded into a larger facility in Washington, Pennsylvania to ensure support for its growing business in the Marcellus Shale region.

Key Points: 
  • b'HOUSTON, April 22, 2021 /PRNewswire/ -- Vulcan Industrial has expanded into a larger facility in Washington, Pennsylvania to ensure support for its growing business in the Marcellus Shale region.
  • The 7,550-square-foot facility is serving as a warehouse center for Vulcan\'s industry leading hydraulic fracturing fluid ends and high-performance valves, seats, plungers and other field components.
  • "And the increasing demand for our products in 2021 is a testament to the quantifiable value we\'re bringing.
  • This larger facility is going to help us ensure even stronger support for Northeastern fleets with the products and services they need to keep field operations optimized."

Verde Bio Holdings, Inc. Announces Acquisition of Mineral and Royalty Interests

Retrieved on: 
Thursday, April 8, 2021

Verde is entitled to the cash flow on both properties from production attributable to the acquisition beginning on or after March 1, 2021.

Key Points: 
  • Verde is entitled to the cash flow on both properties from production attributable to the acquisition beginning on or after March 1, 2021.
  • Currently there are fifteen wells producing across the Verde acreage resulting in approximately $6,500 per month in revenue to Verde.
  • o Natural Gas rich Marcellus Shale Mineral Interests in Ohio County, West Virginia located in the active area of Marcellus.
  • These transactions highlight our business plan of acquiring diversified mineral and royalty portfolios with the current downturn of oil and gas prices.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Cabot Oil & Gas Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, January 9, 2021

Investors have until January 12, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 12, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Cabot was incorporated in 1989 and is headquartered in Houston, Texas.
  • Cabot is an independent oil and gas company that explores for, exploits, develops, produces, and markets oil and gas properties in the U.S.
    Cabot primarily focuses its oil and gas efforts on the Marcellus Shale located in Susquehanna County, Pennsylvania.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.