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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CNOOC  Limited  Analyst  Notes

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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Cenovus  Energy,  Inc.  Analyst  Notes

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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Hercules  Offshore,  Inc.  Analyst  Notes

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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Penn  West  Petroleum  Ltd.  Analyst  Notes

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&T  Offshore,  Inc.  Analyst  Notes

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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