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Berry Corporation Reaffirms a Strong Liquidity Position, Balance Sheet Strength, and Ongoing Free Cash Flow Generation

DALLAS, Aug. 30, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) is reaffirming its strong liquidity position consisting of $94 million of available borrowing capacity under its reserve-based lending (“RBL”) facility and $11 million of cash as of August 23, 2024, as well as its expectation of significant free cash …

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Archrock Completes Acquisition of Total Operations and Production Services, LLC

HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that it has completed its previously announced acquisition of Total Operations and Production Services, LLC (“TOPS”). “With this accretive transaction, we are adding a young fleet that deepens Archrock’s compression operations in the Permian Basin and establishes our …

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Marathon Oil receives stockholder approval for proposed merger with ConocoPhillips

HOUSTON, Aug. 29, 2024 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) (“Marathon Oil”) announced today that it received the necessary stockholder approval for Marathon Oil’s pending merger with ConocoPhillips (NYSE: COP). Marathon Oil will file the vote results of the special stockholder meeting in a Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”). Marathon Oil and …

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Logan Energy Corp. announces second quarter 2024 results, upsized credit facility and Executive appointments

CALGARY, AB, Aug. 21, 2024 /CNW/ – Logan Energy Corp. (TSXV: LGN) (“Logan” or the “Company“) announces its financial and operating results for the three and six months ended June 30, 2024, an increase to the borrowing base available under the Company’s credit facility to $75.0 million, and enhancements to the executive management team. Selected financial and operational information set out below …

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Occidental Announces Continued Progress on Debt Reduction and Divestiture Initiatives

  Achieved $3 billion in principal debt reduction in the third quarter of 2024 Public offering of a portion of Occidental’s common units of Western Midstream Partners, LP, raised $700 million, bringing total 2024 year-to-date closed or announced divestments to approximately $1.7 billion Following close of the previously announced Delaware Basin Barilla Draw divestiture, which …

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Vantage Drilling International Ltd. Reports Second Quarter 2024 Results

DUBAI, United Arab Emirates, Aug. 13, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net loss attributable to shareholders of approximately $14.2 million or $1.07 per diluted share for the three months ended June 30, 2024, based on weighted average shares outstanding, as compared to a net income attributable …

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Enservco Transforms Business With Close of Buckshot Acquisition and Share Exchange With Star Equity Holdings

  ~ Buckshot Acquisition and Star Equity Investment Position Enservco for a New Phase of Growth and Expansion in the Energy Logistics Space ~ ~ Provides Further Update on Plan to Regain Compliance with NYSE American Listing Standards ~ ~ Announces Timing of Q2 2024 Earnings Release and Conference Call ~ Diversifies Company into Energy Logistics …

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Enservco Announces Exit of Colorado Frac Water Heating Business Through Sale of Assets

Acquisition of Buckshot Trucking, LLC on Track to Close Within Days Sale of Assets from Seasonal Colorado Frac Water Heating Business Consistent with Enservco Strategy to Focus Efforts on Year-Round Businesses including Opportunities Afforded by Pending Buckshot Acquisition Net Proceeds from Transaction to be Used to Pay Down Debt Under Utica Facility Significantly Reduces Company’s …

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Berry Corporation Reports Second Quarter 2024 Financial and Operating Results

DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced second quarter 2024 results and declared quarterly dividends totaling $0.17 per share. The details for today’s earnings call and webcast are listed below. Quarterly Highlights & Recent Announcements Produced 25,300 Boe/d, flat to first quarter; above the midpoint …

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