Energy Briefing: Oil and Gas Companies Driving Sector - PetroTech Oil & Gas, Oasis Petroleum, Petroleo Brasileiro, Cheniere

 Energy Briefing: Oil and Gas Companies Driving Sector - PetroTech Oil & Gas,
     Oasis Petroleum, Petroleo Brasileiro, Cheniere Energy, Kinder Morgan

PR Newswire

CORAL SPRINGS, Florida, September 6, 2013

CORAL SPRINGS, Florida, September 6, 2013 /PRNewswire/ -- issues news updates for today's trending oil and gas
companies leading the energy sector: PetroTech Oil and Gas, Inc. (OTC: PTOG),
Oasis Petroleum Inc./YSE: OAS), Petroleo Brasileiro SA or Petrobas S.A. (NYSE:
PBR), Cheniere Energy, Inc. (NYSE: LNG) and Kinder Morgan, Inc. (NYSE: KMI).

PetroTech Oil and Gas, Inc. (OTC: PTOG) Headline: PetroTech Oil & Gas Engages
CPA Audit Firm and Attorney Firm to complete fully reporting status on the
OTC: QB PetroTech Oil and Gas is pleased to announce the engagement of
Rattray and Associates CPA's, to complete the necessary filings and audits to
upgrade the company to fully reporting status on the OTC: QB, along with the
engagement of The law offices of Jonathan Leinwand to prepare the Form 10
filings. "Rattray and Associates has been retained as the Company's auditor
to facilitate full GAAP audits for YE 2011 and YE 2012 and 2013, providing
transparency to current and future shareholders" Stated Ken Weidrich CFO of
Petro Tech oil and Gas.

To read the entire press release, please go to

"Petrotech President Eddie Schilb stated, "Rattray and Associates have
successfully completed several recent acquisitions and mergers and look
forward to seeing its expertise benefit the shareholders of PetroTech. With
the addition of Rattray and Associates, and Jonathan Leinwand, we strongly
feel we have a great team in place to ensure that the financial integrity and
accountability that is so important today is in place for our shareholders."

FNM Sector Commentary: The average American household had an extra $1,200
last year because of lower energy prices for natural gas, electricity and
goods and services. The savings are expected to rise to $2,700 in 2020 and
$3,500 in 2025. Foreign and U.S. chemical companies invested $4.8 billion in
American plants last year and will spend an estimated $12.8 billion in 2015.
Much of the investment is along the Texas coast. By 2025, total new chemical
investments will reach $129.3 billion and create 319,000 new jobs. The boom
had created 2.1 million direct and indirect jobs by the end of last year. The
number is expected to reach almost 3.9 million by 2025. To read this article
in full, please click here:

Oasis Petroleum (NYSE: OAS) will add 161,000 net acres for $1.52 billion
after signing four, unrelated acquisition agreements. This will include the
purchase of 136,000 net acres in and around its position in North Dakota in
its West Williston project area for $1.45 billion, Oasis announced today. At
existing production levels, the transactions will add approximately 9,300
barrels of oil equivalent (boe) per day, bringing Oasis' total production to
an estimated 43,000 boe daily, the company said. Oasis added that of the
136,000 acres in the West Williston area, 91,000 have no depth limitations,
which are sometimes imposed to protect underground water supplies.

Petroleo Brasileiro SA or Petrobras S.A. (NYSE: PBR), a Brazilian state-run
energy giant, has entered into an agreement with leading project management,
engineering and construction company, Technip (TKPPY). The four-year deal
includes project modification services for Petrobras' Rio de Janeiro
Operations Unit (UO-RIO) formed after restructuring the Exploration and
Production segment in Nov 2000. The deal also includes services for the
existing offshore platforms in Brazil's Campos Basin area. The services in the
offering include basic and detailed designing, updating documents, engineering
consultation, as well as planning, control and execution in 13 offshore
platforms. The project management, engineering and procurement services will
be carried out at Technip's Rio de Janeiro operating center as per client

Cheniere Energy, Inc.(NYSE: LNG), an energy company, engages in the liquefied
natural gas related business. It operates through two segments, LNG Terminal
Business, and LNG and Natural Gas Marketing Business. The company owns and
operates terminal projects, including Sabine Pass LNG in western Cameron
Parish, Louisiana; Corpus Christi LNG near Corpus Christi, Texas; and Creole
Trail LNG at the mouth of the Calcasieu Channel in central Cameron Parish,
Louisiana. It is also involved in LNG and natural gas marketing activities.
LNG closed up on Thursday, September 5th 4.2 percent on 6.3 million shares.

Kinder Morgan, Inc.(NYSE: KMI) Construction of the approximately 141-mile,
16-inch diameter Parkway Pipeline, a 50-50 joint venture between Kinder Morgan
Energy Partners, L.P. (KMP) and Valero Energy Corp (VLO), is complete and is
now transporting refined petroleum products from refineries in Norco, La., to
an existing petroleum transportation hub in Collins, Miss., owned by
Plantation Pipe Line Company. (Kinder Morgan owns 51 percent of Plantation
Pipe Line Company and operates the system.) From this hub the products will be
transported by multiple pipeline systems, including Plantation, that serve
major markets in the eastern United States. The approximately $250 million
pipeline system has an initial capacity of 110,000 barrels per day (bpd) with
the ability to expand to over 200,000 bpd.

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