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W&T Offshore, Inc. Announces Closing of Major Debt Refinancing

HOUSTON, Oct. 18, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) announced today that it has closed transactions to effect a refinancing of substantially all of its outstanding indebtedness. The Company today closed its previously announced private offering of $625.0 million in aggregate principal amount of 9.75% Senior Second Lien Notes due 2023 (the “New Notes”) which priced at par. The Company also entered into a

W&T Offshore Announces Third Quarter 2018 Financial and Operational Results Release and Conference Call Schedule

HOUSTON, Oct. 16, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) announced today that it will release its third quarter 2018 financial and operational results after the market closes on Wednesday, October 31, 2018.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, November 1, 2018, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).  By

W&T Offshore, Inc. Announces Pricing of $625 Million Offering of Senior Second Lien Notes

HOUSTON, Oct. 5, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) announced today the pricing of its previously announced private offering of $625.0 million in aggregate principal amount of senior second lien notes due 2023 (the “Notes”). The Notes, which priced at par, will mature on November 1, 2023, and will pay interest at an annual rate of 9.75%. The closing of the offering of the

NuStar Energy L.P. to Announce Third Quarter 2018 Earnings Results on November 5, 2018

SAN ANTONIO–(BUSINESS WIRE)–Oct. 5, 2018– NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Monday, November 5, 2018 at 9:00 a.m. Central Time to discuss the third quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 8547677. International callers may access the conference call by dialing 661/378-9931, reservation passcode 8547677.

August Marks 21st Consecutive Month of Upstream Oil and Gas Job Growth:  46% of Jobs Recovered

AUSTIN – Texas oil and natural gas companies added 3,100 upstream jobs* in August, marking the 21st consecutive month of job growth, according to data from the Texas Workforce Commission (TWC). Texas has recovered 46% of jobs lost between the high point in employment in December 2014 and the low point in September 2016. Since the low point, employment in the Texas upstream sector has grown by 53,200 jobs, which

W&T Offshore Announces Tender Offers for 8.500% Senior Notes due 2019, 9.00%/10.75% Senior Second Lien PIK Toggle Notes due 2020 and 8.50%/10.00% Senior Third Lien PIK Toggle Notes due 2021

HOUSTON, Oct. 3, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) announced today that it has commenced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for any and all of its outstanding 8.500% Senior Notes due 2019 (the “2019 Notes”), 9.00%/10.75% Senior Second Lien PIK Toggle Notes due 2020 (the “2020 Notes”) and 8.50%/10.00% Senior Third Lien PIK Toggle Notes due 2021 (the “2021 Notes” and together

Study: No Link Between Barnett Shale Natural Gas Production and Methane in Groundwater, Studies Conclude

The following study was conducted by researchers at The University of Texas at Austin and the University of Michigan that looks at groundwater wells in the Barnett Shale area. The original release can be found here.   Sept. 24, 2018 AUSTIN, Texas — After four years of studies, scientists have found no link between methane present in water wells outside of Fort Worth and nearby gas production activities in the

TXOGA Statement on U.S.-Mexico-Canada Agreement

  AUSTIN – The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association and former Texas Agriculture Commissioner. “We appreciate the President’s diligence in crafting a renewed trade agreement that helps secure our nation’s energy future and are hopeful Congress will approve the USMCA. As the leading oil and natural gas producer, the number one state in many agricultural products, and a major exporter,

W&T Offshore, Inc. Announces Launch of $625 Million Offering of Senior Second Lien Notes

HOUSTON, Sept. 27, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore”) today announced that, subject to market conditions, it intends to offer $625 million in aggregate principal amount of senior second lien notes due 2023 (the “Notes”) in a private placement to eligible purchasers. W&T Offshore intends to use the net proceeds of this offering, together with borrowings from a proposed amended revolving bank credit facility and cash on

Ultra Petroleum Corp. Provides Information About Term Loan Discussions and Provides Update on Its Semi-Annual Borrowing Base Redetermination

HOUSTON, Sept. 25, 2018 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) announces that it has held discussions with certain holders (the “Lenders”) of the Company’s senior secured first lien term loan regarding a potential transaction (the “Potential Transaction”).  The Company and the Lenders were unable to reach an agreement on the terms of the Potential Transaction, and discussions with the Lenders regarding the Potential