Upcoming Earnings, Acquisitions, Production Sharing Agreements, Cash Distributions, and Notes Offering - Analyst Notes on Diamond Offshore Drilling, Patterson-UTI, CNOOC Limited, BreitBurn and MRD

NEW YORK, June 26, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Diamond Offshore Drilling, Inc. (NYSE: DO), Patterson-UTI Energy Inc. (NASDAQ: PTEN), CNOOC Limited (NYSE: CEO), BreitBurn Energy Partners L.P. (NASDAQ: BBEP) and Memorial Resource Development Corp. (NASDAQ: MRD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4135-100free.

Diamond Offshore Drilling, Inc. Analyst Notes
On June 19, 2014, Diamond Offshore Drilling, Inc. (Diamond Offshore) announced that it will issue a press release and host a conference call and webcast, discussing its Q2 2014 operating results on July 24, 2014. The conference call and webcast is slated to begin at 8:00 a.m. CDT, which will be hosted by the management. The news release, live webcast, and its replay can be accessed on the Company's Investor Relations website. The full analyst notes on Diamond Offshore Drilling are available to download free of charge at:


Patterson-UTI Energy Inc. Analyst Notes
On June 17, 2014, Patterson-UTI Energy Inc. (Patterson-UTI) announced that one of its subsidiaries has completed the acquisition of the East-Texas based pressure pumping operations of a privately held company. The acquisition provides Patterson-UTI with a new base of operations and employees to support drilling programs in East Texas and Louisiana, and also includes 31,500 horsepower of hydraulic fracturing equipment. With the acquisition, the Company now has more than 790,000 horsepower of hydraulic fracturing equipment. The full analyst notes on Patterson-UTI are available to download free of charge at:


CNOOC Limited Analyst Notes
On June 20, 2014, CNOOC Limited announced that parent company China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Eni China B.V. (Eni) for the Block 50/34 in South China Sea. Block 50/34 is located in Qiongdongnan Basin of offshore Hainan Island with total area of 2,000 square kilometers, and is one of the blocks offered for foreign cooperation in 2012. According to the terms of the contract, Eni will conduct 3D seismic survey and drill exploration well in Block 50/34 during 6.5 years exploration period and will cover related expenditures incurred. The full analyst notes on CNOOC Limited are available to download free of charge at:


BreitBurn Energy Partners L.P. Analyst Notes
On June 19, 2014, BreitBurn Energy Partners L.P. (BreitBurn) announced that it will initially distribute cash for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units of c.$0.31 per Series A Unit. The distribution will be made on July 15, 2014 to record holders of Series A Units at the close of business on June 30, 2014. The Company also informed that this distribution marks the initial distribution payable on the Series A Units for the period from May 21, 2014 to July 15, 2014. The full analyst notes on BreitBurn are available to download free of charge at:


Memorial Resource Development Corp. Analyst Notes
On June 23, 2014, Memorial Resource Development Corp. (MRD) announced that it will offer $300 million in aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers. Net proceeds from the proposed offering will be used to repay a portion of outstanding borrowings under its revolving credit facility. The full analyst notes on MRD are available to download free of charge at:


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