EnLink Midstream Partners, LP Financial Results

The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), reported results for the second quarter of 2014. Second Quarter 2014 — EnLink Midstream Partners, LP Financial Results The Partnership realized adjusted EBITDA of $111.6 million, distributable cash flow of $93.8 million and net income of $41.4 million for the second quarter of 2014. The Partnership s second quarter of 2014 gross operating margin was $262.1 million and operating income was $93.1 million. Adjusted EBITDA, distributable cash flow and gross operating margin are explained in greater detail under “Non-GAAP Financial Information”, and reconciliations of these measures to their most directly comparable GAAP measures are included in the tables at the end of this news release. “We are pleased to report outstanding second quarter results,” said Barry E. Davis, EnLink Midstream President and Chief Executive Officer. 
http://www.shaledirectories.com/blog/enlink-midstream-partners-lp-financial-results/

Dawood Wins National Marketing Award

Dawood Engineering, Inc. (Dawood) is proud to announce that our Marketing Department received a Society for Marketing Professional Services (SMPS) National Marketing Communications Award in the category of Media Relations Campaign. Dawood was awarded Third Place for our campaign as we became one of the first small businesses in Pennsylvania to drive a vehicle with a factory-installed dual-fuel compressed natural gas (CNG) system. The Media Relations Campaign of the Unveiling of a new CNG Vehicle included print, broadcast, and digital media outreach and coverage, as well as events that showcased an environmentally friendly alternative fuel vehicle. Heather Sweitzer, CPSM, Manager, Marketing and current SMPS Central PA President was on hand to accept the award on Dawood s behalf during the Awards Gala in San Antonio, Texas. We are very proud of the CNG Truck unveiling and the coverage it has received since the ribbon cutting last September. Not only was the campaign a success, but the r
http://www.shaledirectories.com/blog/dawood-wins-national-marketing-award/

Exploration and Production companies working in the Eagle Ford Shale

Many Companies Reaping the Benefits of Early Action in Eagle Ford The Eagle Ford shale encompasses 30 counties in South Texas, and projections for the output of oil in the Eagle Ford Shale continue to grow as companies lay pipeline and increase the number of active wells. In fact, last October the Eagle Ford output reached the 1 million barrel per day mark before the Bakken Shale in North Dakota, and in the next six years that number is expected to double. EOG Resources The current front runner with the best position in the Eagle Ford region is EOG Resources. Because of their foresight, leasing before predictions identified Eagle Ford as a productive region, their holdings include around 650,000 acres. EOG Resources recovers oil using extended reach horizontal wells, and Wood Mackenzie, the energy consulting firm, estimates the value of EOG’s position at $22 billion. ConocoPhillips Conoco Phillips, who also got in on the action in the days before the area began showing real promise,
http://www.shaledirectories.com/blog/exploration-production-companies-working-eagle-ford-shale/

MSC Issues Annual Workforce Survey Results

Pittsburgh, Pa. – Today, the Marcellus Shale Coalition (MSC) released the results of its annual workforce survey [click to open the report 2013 MSC Year End WF Survey Overview]. The findings – based on 2013 data – were provided by a large majority of MSC member companies, representing nearly 95% of Pennsylvania’s shale production. “Shale development represents a generational opportunity for our Commonwealth. Since day one, our industry has focused on fostering the growth of a skilled and well-trained local workforce to ensure that lifelong opportunities are being fully realized,” said MSC president Dave Spigelmyer. “These collaborative and ongoing efforts – industry groups, member companies and other key stakeholders working closely with a host of educational institutions as well as trade schools – continue to deliver strong results in the form of new jobs for our region’s workforce, as reflected again in this survey data.” Key survey highlights include: 26.5 per
http://www.shaledirectories.com/blog/msc-issues-annual-workforce-survey-results/

Dawood Welcomes New Director of Civil Engineering

Canonsburg, PA, July 21, 2014:  Dawood Engineering, Inc. (Dawood) is proud to welcome Brian L. Fischbach, PE, LEED AP as the Director of Civil Engineering. Working from the Dawood Pittsburgh Regional Office in Canonsburg, Mr. Fischbach will be responsible for the oversight and strategic planning of land and site development projects across all Dawood offices. Mr. Fischbach has more than 24 years of project management and leadership experience in the civil and municipal engineering, solid waste, energy, and site development sectors. He has worked closely with clients, municipalities and communities on projects throughout Pennsylvania, New York, West Virginia, and Maryland. Brian brings a wealth of experience and local knowledge across multiple sectors to Dawood. His background and project history fits well within the Dawood footprint. We know Brian will serve our current and future clients well and welcome him to the Dawood team, stated Bony R. Dawood, PE, President. Dawood, founded i
http://www.shaledirectories.com/blog/dawood-welcomes-new-director-civil-engineering/

Exploration and Production companies working in the Permian Basin

Spraberry/Wolfcamp Oil Field Produces Heavy Returns for Companies Investing in the Permian Basin A new and improved oil and gas boom has developed in several key areas in the Lower 48 states of the U.S. These areas are primarily shale plays, and the development of hydraulic fracturing (fracking) and horizontal drilling technologies has made these areas not only viable options, but some of the best areas of production. Within the Permian Basin, the Spraberry/Wolfcamp field has become one of the most important for exploration and production companies. The three top companies in average daily production in the Spraberry/Wolfcamp are Pioneer Natural Resources, Apache Corp., and Concho Resources. These three hold major land resources in this area and have planned to devote even more of their investing capital into the Spraberry/Wolfcamp oil field over the next few years, including additional investments in the remainder of this year. Pioneer Natural Resources Pioneer Natural Resources, the
http://www.shaledirectories.com/blog/exploration-production-companies-working-permian-basin/

Exploration and Production companies working in the Niobrara

Promising Future for Companies Working in the Niobrara Shale Play The Niobrara shale is a hydrogen-rich play located primarily in northeastern Colorado, spreading into parts of Wyoming, Nebraska and Kansas. Oil is the main resource extracted from this play in the Denver-Julesburg (DJ) Basin. This area has produced both oil and gas for years, but as companies have begun exploring and developing the Niobrara, it has gained the reputation of being the next Bakken formation. EOG Resources EOG holds 400,000 acres in the Niobrara shale play which have begun to generate high return rates with consistent well results. The holdings are primarily in the DJ Basin in Laramie County, Wyoming, and Weld County, Colorado. In 2013, the company completed three horizontal wells. These initially produced an average rate of about 700 barrels per day. Over the next several years, EOG expects their rigs in the Niobrara to make significant contributions to their crude oil production. Anadarko Petroleum  As
http://www.shaledirectories.com/blog/exploration-production-companies-working-niobrara/