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Houston, July 17, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) will host a conference call on Thursday, August 2nd at 9:00am CT to discuss 2018 second-quarter financial results. Shell Midstream Partners’ participants will be Kevin Nichols, president and chief executive officer and Shawn Carsten, chief financial officer.
Interested parties may listen to the conference call on the partnership's website at www.shellmidstreampartners.com by clicking on the "2018 Second-Quarter Financial Results" link in the "Events & Conference" section. Financial information, including the earnings release and other investor-related material, will also be available online. A replay of the webcast will be posted on the partnership’s website following the event.
About Shell Midstream Partners, L.P.
Shell Midstream Partners, headquartered in Houston, Texas, is a fee-based, growth-oriented midstream master limited partnership formed by Royal Dutch Shell to own, operate, develop and acquire pipelines and other midstream assets. Shell Midstream Partners' assets consist of pipelines, crude tank storage and terminal systems that serve as key infrastructure to transport and store onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and to deliver refined products from Gulf Coast markets to major demand centers.
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North America: +1 832 337 2034
PETALUMA, Calif., July 17, 2018 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, announced today that the Company will host a conference call and webcast on Tuesday, July 31, 2018 at 4:30 p.m. Eastern Time to discuss its second quarter 2018 financial results for the period ended June 30, 2018. The live webcast can be accessed on the Enphase Energy Investor Relations website at investor.enphase.com, and a recorded version of the call will also be available there approximately one hour after the call.
The webcast will be archived for up to 30 days.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world’s only truly integrated solar plus storage solution. Enphase has shipped approximately 17 million microinverters, and more than 760,000 Enphase systems have been deployed in over 110 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.
Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.
This press release may contain forward-looking statements, including statements related to Enphase Energy's future financial performance, product performance, timing of availability of new products, and advantages of its technology and market trends. These forward-looking statements are based on the company's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest Securities and Exchange Commission filings and reports, including its Annual Report on Form 10-K for the year ended December 31, 2017. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
HOUSTON, July 17, 2018 (GLOBE NEWSWIRE) -- Blue Mountain Midstream LLC (“Blue Mountain”), a wholly owned subsidiary of LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”), announces successful commissioning of its Chisholm Trail III cryogenic gas plant, located in the heart of the prolific Merge/SCOOP/STACK plays near Tuttle, Oklahoma on the company’s 80-acre facility in Grady County. Blue Mountain completed this major processing capacity addition to its Chisholm Trail system at the end of the second quarter, and highlights the following:
Once at full capacity, the Chisholm Trail III plant and its related gathering is forecasted to generate annualized EBITDA between $100 million and $125 million. The Chisholm Trail system is processing over 100 MMcf/d and the plant will be capable of processing up to initial capacity level of 150 MMcf/d in the coming weeks to meet producer demands. The Chisholm Trail system also includes interconnections into the Southern Star Central, Enable Gas Transmission and ONEOK Gas Transportation natural gas pipelines. In addition, ONEOK Hydrocarbon is providing NGL transportation from the facility. The system is supported by a dedicated acreage position of more than 80,000 net acres under long-term contracts with natural gas producers in central Oklahoma.
“We are pleased to announce the startup of our new Chisholm Trail cryogenic gas plant, which significantly expands our processing capacity in the prolific Merge/SCOOP/STACK plays,” said Greg Harper, Blue Mountain’s President and Chief Executive Officer. “Blue Mountain is a best in class midstream company providing superior customer service and exceptional reliability in our growing footprint.”
“Blue Mountain’s customers continue to see exceptional drilling results, drilling efficiencies and are increasing their drilling activity. In light of this combined with our growing acreage commitments, throughput forecasts for the area continue to rise. In response, we will add processing capacity and access to downstream markets, to stay ahead of our customers’ drilling schedules. This includes evaluating the addition of a second train expansion to the facility,” Greg Harper added.
Based on increased customer drilling activity and demand for additional processing and treating capacity to serve their significant growth plans in the Merge/SCOOP/STACK plays, Blue Mountain is evaluating another system expansion with the addition of a second train, which would increase total processing capacity to 500 MMcf/d by late 2019. Additional expansion plans could entail 55,000 horsepower of new compression, more than 130 miles of high and low pressure gathering line extensions, and additional delivery interconnects in operation by the end of 2020.
ABOUT BLUE MOUNTAIN MIDSTREAM LLC
ABOUT LINN ENERGY
STEINHAUSEN, Switzerland, July 17, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia. The estimated firm contract backlog, excluding integrated services, is approximately $158 million. Additionally, the contract includes four one-well options.
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.
Transocean owns or has partial ownership interests in, and operates a fleet of 43 mobile offshore drilling units consisting of 24 ultra-deepwater floaters, 12 harsh environment floaters, two deepwater floaters and five midwater floaters. In addition, Transocean is constructing two ultra-deepwater drillships; and one harsh environment semisubmersible in which the company has a one-third interest. The company also operates one high-specification jackup that was under a drilling contract when the rig was sold, and the company will continue to operate the jackup until completion or novation of the drilling contract.
For more information about Transocean, please visit: www.deepwater.com.
The statements described in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements contain words such as "possible," "intend," "will," "if," "expect," or other similar expressions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, timing of the company’s newbuild deliveries, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the future prices of oil and gas, the intention to scrap certain drilling rigs, the benefits, and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-K for the year ended December 31, 2017, and in the company's other filings with the SEC, which are available free of charge on the SEC's website at: www.sec.gov. Should one or more of these risks or uncertainties materialize (or the other consequences of such a development worsen), or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking statements attributable to the company or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in quantitative schedules on the company’s website at: www.deepwater.com.
This press release, or referenced documents, do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and do not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations. Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.
Havila Shipping ASA has entered into a new charter contract with Total DK for the PSV vessel Havila Clipper.
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