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Gas Discovery, Donations, Senior Notes Pricing, and Dividends - Analyst Notes on CNOOC, Cenovus, Hercules Offshore, Penn West, and W&T

NEW YORK, March 25, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding CNOOC Limited (NYSE: CEO), Cenovus Energy, Inc. (NYSE: CVE), Hercules Offshore, Inc. (NASDAQ: HERO), Penn West Petroleum Ltd. (NYSE: PWE), and W&T Offshore, Inc. (NYSE: WTI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

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CNOOCLimitedAnalystNotes

On March 19, 2014, CNOOC Limited (CNOOC) announced a new mid-sized gas discovery, Lingshui17-2, indicating the first breakthrough on the independent deepwater exploration in Qiongdongnan Basin of South China Sea. The Company informed that Lingshui17-2 is located in the east Lingshui Sag in deepwater area of Qiongdongnan Basin. CNOOC added that discovery well Lingshui17-2-1 is drilled and completed at a depth of 3,510 meters and encountered the gas reservoir with a total thickness of about 55 meters. The full analyst notes on CNOOC Limited are available to download free of charge at:

http://www.AnalystsReview.com/03252014/CEO/report.pdf

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CenovusEnergy,Inc.AnalystNotes

On March 17, 2014, Cenovus Energy, Inc. (Cenovus) announced that it will donate $600,000 over three years to Grasslands School Division No. 6 for its Literacy Initiative. The Company informed that the donation is expected to provide literacy resources for 20 schools in southeastern Alberta. Commenting on the donation, Leanne Courchesne, Group Lead of Cenovus, stated, "Our investment in the Grasslands School Division is a strong example of our long-term support for education. We hope this donation will positively influence students, helping them to stay in school and increase graduation rates." The full analyst notes on Cenovus Energy, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03252014/CVE/report.pdf

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HerculesOffshore,Inc.AnalystNotes

On March 12, 2014, Hercules Offshore, Inc. (Hercules Offshore) announced the pricing of a private placement of $300.0 million aggregate principal amount of senior notes due 2022, bearing an interest rate of 6.75% per annum, to be sold at par. The Company stated that it intends to use the net proceeds from the offering, together with cash on hand, to fund its pending tender offer and consent solicitation for its 7.125% senior secured notes due 2017, as well as to redeem any of the 7.125% senior secured notes not purchased in the tender offer. The full analyst notes on Hercules Offshore, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03252014/HERO/report.pdf

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PennWestPetroleumLtd.AnalystNotes

On March 7, 2014, Penn West Petroleum Ltd. (Penn West) announced that its Board of Directors has declared Q1 2014 dividend of $0.14 per share. The Company informed that the dividend is payable on April 15, 2014, to shareholders of record at the close of business on March 31, 2014. The Company stated that the said dividend is designated as an "eligible dividend" for Canadian income tax purposes. The full analyst notes on Penn West Petroleum Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/03252014/PWE/report.pdf

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W&TOffshore,Inc.AnalystNotes

On March 7, 2014, W& T Offshore, Inc. (W&T) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share. The Company added that the dividend is payable on March 31, 2014, to shareholders of record as of March 18, 2014. The full analyst notes on W&T Offshore, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03252014/WTI/report.pdf

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AboutAnalystsReview
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

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EDITORNOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • Foranyurgentconcernsorinquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCEPROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOTFINANCIALADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NOWARRANTYORLIABILITYASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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