Updates on Recent Pipeline Developments - Research Report on Enterprise, Talisman, Rosetta, Bonanza Creek, and Gran Tierra PR Newswire NEW YORK, June 6, 2013 NEW YORK, June 6, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom . Today, Wall Street Reports announced new research reports highlighting Enterprise Products Partners L.P. (NYSE: EPD), Talisman Energy Inc. (NYSE: TLM), Rosetta Resources Inc. (NASDAQ: ROSE), Bonanza Creek Energy, Inc. (NYSE: BCEI), and Gran Tierra Energy Inc. (NYSE: GTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Enterprise Products Partners L.P. Research Report On June 3, 2013, Enterprise Products Partners L.P. (Enterprise) announced that it will proceed with the development of a project to transport diluent-quality natural gasoline from the Company's Mont Belvieu, Texas liquids storage complex to several potential delivery points in Chicago and its surrounding areas. The positive response from shippers during the recent open commitment period soliciting long-term transportation agreements supported Enterprise's proposed plans to provide access to both the Southern Lights and Cochin pipelines. The new connections are expected to commence operation during Q4 2013 and Q2 2014, respectively. On May 30, 2013 the Company announced a binding open season to determine shipper support for transporting propane to Mont Belvieu on Enterprise's ATEX pipeline. The Company expects the propane transportation service to begin in Q1 2015. The Full Research Report on Enterprise Products Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.wsreports.com/r/full_research_report/7359_EPD ] -- Talisman Energy Inc. Research Report On May 20, 2013, Talisman Energy Inc. (Talisman) announced the first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. The Company expects the gross production to reach 15,000 bbls/d (barrels per day) once the facilities are fully commissioned. "We are delighted to have achieved first oil ahead of schedule and under budget," said Paul Blakely, Talisman's EVP, Asia-Pacific. "This development will help Talisman meet its regional and corporate objectives of adding near-term, high-margin liquids volumes and associated cash flow. In addition, it will allow us to evaluate the further development potential of the HSD field." He also said that working along with colleagues from PetroVietnam and its subsidiary PVEP, as well as PTSC, the EPCI contractor, and PV Drilling, Talisman was able to deliver its first oil in less than 18 months from the date of project sanction. The Full Research Report on Talisman Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.wsreports.com/r/full_research_report/7ab6_TLM ] -- Rosetta Resources Inc. Research Report On May 14, 2013, Rosetta Resources Inc. (Rosetta) announced the completion of the acquisition of Permian Basin assets from Comstock Resources, Inc. With $38.4 million deposit previously paid, the total consideration for the acquisition was $811 million, which included $768 million purchase price and $43.3 million in normal and customary closing adjustments. However, the total amount is subject to further post-closing adjustments. The transaction was largely funded by the net proceeds received from the Senior Notes issued in April 2013, as well as borrowings under Rosetta's expanded Senior Revolving Credit Facility. As of May 14, 2013, the Company had $100 million outstanding with $700 million available for borrowing under the Credit Facility. "This oil-targeted acquisition provides entry into the Permian Basin and a new core area with growth potential in well delineated assets," said Jim Craddock, Chairman, CEO, and President of Rosetta. "The transaction adds a significant number of oil well locations to our project inventory and further advances Rosetta's long-term unconventional resource development strategy." The Full Research Report on Rosetta Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.wsreports.com/r/full_research_report/a7dd_ROSE ] -- Bonanza Creek Energy, Inc. Research Report On May 20, 2013, Bonanza Creek Energy, Inc. (Bonanza Creek) announced that the borrowing base under the Company's bank credit facility has been increased to $330 million, pursuant to the completion of its semi-annual redetermination. This represents an $80 million increase over Bonanza Creek's previous borrowing base of $250 million, which had been reduced as a result of the Company's recent issuance of senior unsecured notes completed on April 9, 2013. "Our revised borrowing base of $330 million is the highest in the Company's history and, when combined with the proceeds of our recent high yield offering, gives Bonanza Creek ample capacity to fund its organic growth initiatives in 2013 and should provide a comfortable liquidity position to work from as we begin to plan for 2014," said Michael Starzer, President and CEO of Bonanza Creek. The Full Research Report on Bonanza Creek Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.wsreports.com/r/full_research_report/ce12_BCEI ] -- Gran Tierra Energy Inc. Research Report On May 28, 2013, Gran Tierra Energy, Inc. (Gran Tierra) provided updates for its exploration drilling in Peru. The Company announced that it has completed testing of the sidetrack on the Bretaña Norte 95-2-1 XD exploration well, and the results supported Gran Tierra's expectations of significant potential production additions from the Bretaña field. "This discovery has material contingent resource potential, and is expected to provide significant growth for the Company and assist Perupetro in achieving its objectives to bring new oil to the market on behalf of the Government of Peru," said Dana Coffield, President and CEO of Gran Tierra. Further, the Company plans front-end engineering and design study to assist in the expected development of the Bretaña field. Test crude is expected to be sold to the Iquitos refinery during the initial test period, one of the several crude monetization options under evaluation for Bretaña. The Full Research Report on Gran Tierra Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.wsreports.com/r/full_research_report/2132_GTE ] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Updates on Recent Pipeline Developments - Research Report on Enterprise, Talisman, Rosetta, Bonanza Creek, and Gran Tierra
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