Petro One Calls Meeting to Ratify Shareholder Protection Rights Plan

Petro One Energy Corp. announced that the Board of Directors had approved the adoption of a shareholder protection rights plan (the “Plan”), also known as a “poison pill”. The fundamental objectives of the Plan are to provide adequate time for the Board of Directors and shareholders to assess the merits of any unsolicited take-over... 

Exterran Holdings to Present at Credit Suisse Energy Summit

Exterran Holdings, Inc. today announced that J. Michael Anderson, Senior Vice President and Chief Financial Officer, is scheduled to present at the Credit Suisse Energy Summit in Vail, Colorado on Thursday, February 10, 2011 at approximately 1:30 p.m. Mountain Time. If you would like to listen to the presentation during the conference, please enter... 

Holloman Energy Cooper Basin Update

Holloman Energy Corporation updates its shareholders and other interested parties regarding its operations and the recent extraordinary rain and flooding in Australia. Although recent flooding has been largely focused east of Holloman’s South Australian holdings, locally heavy rains continued to hit the Cooper Basin during the second half of 2010.... 

Environmental Quality Management, Inc. and Beacon Energy Holdings, Inc. Enter Into Definitive Merger Agreement

Environmental Quality Management, Inc. a Cincinnati, OH-based leading provider of environmental services, and Beacon Energy Holdings, Inc. – OTC: BCOE.PK (“Beacon”), a Cleburne, TX-based leading producer of biodiesel fuel, announced today that they have entered into a definitive merger agreement. In accordance with the merger agreement, at... 

Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume... 

Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

Piper Jaffray Hosts Sixth Annual Clean Technology and Renewables Conference

Piper Jaffray will host its sixth annual Clean Technology & Renewables Conference on Jan. 12 in New York. Industry participants and investors will hear from more than 80 of the fastest growing public and private companies in the solar, wind, smart grid, energy storage, LED, biofuels, water, automotive efficiency, and other clean technology sectors. “Piper... 

Riverstone Holdings Closes the Acquisition of USA Compression

The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”),... 

General Exploration Partners Provides an Update on Atrush-1 Well, Kurdistan

General Exploration Partners (“GEP” or the “Company”) and its partner announced today an update on the Atrush-1 exploration well in Kurdistan. The well was spudded on October 5, 2010 and is setting 9 5/8″ intermediate pipe after logging the Jurassic section to the top of Kurrachine at depth of approximately 2,230 meters....