Cairn India Ltd : Cairn India Ltd - consol sept quarter net profit 7.79 billion rupees . Cairn India Ltd - consol sept quarter total income from operations 20.39 billion rupees . Cairn India Ltd consensus forecast for sept quarter consol net profit was 4.21 billion rupees .Cairn India Ltd - consol net profit in sept quarter last year was 3.26 billion rupees as per Ind-AS; consol total income from operations was 22.42 billion rupees.
Apc Group Inc - :Board of directors of Co approved the sale of various parcels of land of the corporation located in Ginatilan, Cebu.
Tourmaline Oil Corp : Tourmaline Oil Corp announces strategic asset acquisition in the Alberta deep basin and NEBC Montney complex, $739.4 million equity financings and increased 2017 guidance . Cash portion of deal to be funded through committed concurrent equity financings totalling $739.4 million, existing credit facilities . Revising full-year 2017 average production guidance to 225,000 boepd, up from 215,000 boepd previously . Tourmaline has agreed to acquire current production of approximately 24,850 boepd, estimated current 2p reserves of 473.5 mmboe . Now expects to achieve 2016 exit production target of 210,000-215,000 boepd in late November . Including effect of acquisition and associated development, company is expecting 2017 production of about 250,000-260,000 boepd . Plans to drill 13 horizontals on montney assets in 2017, 54 horizontals in 2018 in conjunction with co infrastructure construction . Including effect of acquisition and associated development, company is expecting 2018 production levels of 310,000-320,000 boepd . Deal for total consideration of $1.369 billion . Deal includes cash consideration of $1.0 billion and remainder in Tourmaline common shares . Proceeds of prospectus offering, private placement,non-brokered offering will be used to partially fund cash portion of purchase price for deal.
Southwestern Energy Co : Southwestern Energy Co announces 2016 third quarter operational update and financial results . Q3 adjusted non-gaap earnings per share $0.03 . Q3 loss per share $1.52 . Q3 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Southwestern Energy Co - net production totaled 211 bcfe in Q3 of 2016, down from 249 bcfe in Q3 of 2015 . Q3 operating revenues $651 million versus $749 million . Southwestern Energy Co - company anticipates its total company basis differential to end year at high end of its guidance, which is $0.83 per mcf .Southwestern Energy Co-to exit 2016 with about 85 drilled but uncompleted wells, returning to normal maintenance level for operations of about 60 by early 2017.
Petrus Resources Ltd : Petrus resources provides operations update . Petrus Resources Ltd - year-end production is expected to be approximately 9,000 boe/d . Petrus resources Ltd- petrus anticipates drilling approximately two net additional wells prior to year-end .Petrus Resources Ltd- remains on track with its second half capital program of $17.5 million.
Williams Partners Lp : JV Partners Crestwood Equity and Williams Partners announce agreement to restructure gathering & processing agreement with Chesapeake in Powder River . Williams Partners- Terms expected to include minimum annual revenue guarantees that support transition to new fixed-fee structure over next 5-7 yrs .Williams Partners LP - Restructured services are to become effective Jan. 1, 2017 for a 20-year term..
Pearl Oriental Oil Ltd <0632.HK> : Wong Kwan has resigned as chairman, executive director . Liu Ju has been appointed as executive director of company . Cheung Kam Shing, Terry has been appointed as executive director of company . Tang Yau Sing, Gareth has been appointed as executive director of company .Fan Amy Lizhen has been appointed as chairlady, executive director.
Gulfsands Petroleum Plc : Colombia Farmout agreement signed . Has signed a Farmout agreement relating to Colombian, Putumayo-14 exploration and production of hydrocarbons contract no 2 of 2013 . Under terms of Farmout agreement Samarium will initially take 70 pct participating interest in Put-14 contract for nil consideration . Says Gulfsands has granted Samarium an option to acquire remaining 30 pct interest in Put-14 contract .Prior to exercise of option, Samarium will fund 100 pct of minimum exploration program costs up to a cap of $16.1 mln.