Finance - Exclusives

Non-free

Vanguard Rolls Up Fellow Upstream MLP, Gains Permian Assets

Vanguard buys LRR Energy’s Permian and Arkoma assets, including 1,290 gross producing wells and about 158,000 net acres. LRR’s proved reserves were about 203 Bcfe in December 2014.

Darren Barbee
Tue, 04/21/2015 - 12:12
Non-free

Capital Surge Helps E&Ps Hang On To Midstream Assets

A wave of cheap money chasing deals is taking the pressure to divest midstream assets off of upstream operators, while making deals more challenging.

Darren Barbee
Mon, 04/20/2015 - 17:51
Non-free

A Self-Improvement Gift

The downturn is forcing change—for the better.

Wed, 04/01/2015 - 12:34
Non-free

Worry, But Be Happy About Economic Outlook

Thanks in part to low energy prices, an ongoing expansion could be one of the longest on record, Morgan Stanley’s chief U.S. economist says.

Joseph Markman
Wed, 04/01/2015 - 09:35

Finance - Acquisitions & Divestitures

Free

VTTI Acquires Additional Interest In Subsidiary

A loan from VTTI BV financed the deal. VTTI indirectly owns a total economic interest of 42.6% and a 51.0% indirect voting interest in VTTI Operating.

Thu, 07/02/2015 - 15:02
Free

Shell Midstream Closes Poseidon Interest Acquisition

The proprietary 367-mile offshore pipeline can transport 350,000 barrels per day of crude oil to Texas and Louisiana markets. South Marsh Island strategic platform 205 is under ownership.

Thu, 07/02/2015 - 13:55
Free

Hess Closes Sale, Establishes $5.35B Bakken Midstream JV

Midstream assets included in the joint venture include a natural gas processing plant in Tioga, N.D. Hess Infrastructure will make an IPO of Hess Midstream Partners LP common units.

Thu, 07/02/2015 - 11:46
Free

Norwegian Tycoon Fredriksen Will Merge Tanker Companies

Frontline 2012 was spun off from Frontline three years ago and has since divested its dry-bulk and gas fleet to focus on crude oil and product tankers, Reuters said.

Thu, 07/02/2015 - 09:56

Finance - Debt & Equity

Free

Joint Lead Arrangers Commit To Sabine Pass Liquefaction

 Cheniere Partners will close credit facilities and issue Bechtel Oil Gas and Chemicals Inc. a notice to proceed on Train 5. Trains 1, 2 were about 90.8% complete May 31.

Mon, 06/29/2015 - 12:16
Free

CorEnergy Prices Share, Note Offerings

CorEnergy offered 11.25 million common shares priced at $6 each for $67.5 million. CorEnergy also priced unsecured convertible senior notes at $100 million. Both offers scheduled to close June 29.

Thu, 06/25/2015 - 11:13
Free

Rex American Resources Upsizes Share Buyback

When the previous 31,138 shares are added to this amount, Rex American can now buy back 531,138 shares. To date, the company has repurchased 466,444 shares priced at $62.53 each.

Thu, 06/25/2015 - 10:52
Free

Tall Oak Midstream Subsidiaries Close $200 Million Facilities

Both new facilities mature on Sept. 30, 2016, and will support Stack and Woodford gas and oil gathering and processing. Capital One NA led six banks as administrative agent.

Wed, 06/24/2015 - 10:28