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Category: 360 Articles

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The market hung on every word spoken during Fed Chairwoman Janet Yellen’s debut until the organization insisted it will maintain the […]

Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk, development drilling opportunities. For the past decade, Range Resources has evolved into one of […]

Mexico’s Oil Industry Update: Will Privatization Reverse Downward Trends?

Mexico’s Oil Industry Update: Will Privatization Reverse Downward Trends?

Petróleos Mexicanos, or Pemex, is Mexico’s sole producer of crude oil, natural gas and refined products. The company provides Mexico with one-third of government income and was the ninth largest oil producer in the world in 2012. The oil and gas industry in Mexico has been nationalized since 1938, but production has declined every year since 2004 (24% overall). However, […]

Gary Evans, MHR CEO on CNBC’s Mad Money

Gary Evans, MHR CEO on CNBC’s Mad Money

Gary Evans, Chairman and CEO of Magnum Hunter Resources (MHR) appeared on CNBC’s Mad Money to discuss the company’s upcoming Utica Shale results, expected asset sales, and growth initiatives for 2014.   Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based […]

Synergy Resources Horizontal Program Driving Up Revenues and Production

Synergy Resources Horizontal Program Driving Up Revenues and Production

Synergy Resources Corporation (ticker: SYRG) is a domestic oil and natural gas exploration and production company with 392,000 gross (286,000 net) acres under lease. Synergy’s core area of operations and all of its production comes from the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas and Nebraska. Synergy’s horizontal program, initiated in May 2013, doubled the company’s revenue and production on […]

PetroQuest Energy’s Woodford Wells Beat Estimates

PetroQuest Energy’s Woodford Wells Beat Estimates

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, Wyoming, Texas, South Louisiana and the shallow waters of the Gulf of Mexico. Woodford Wells Beat Type Curve In an operations update on April 7, 2014, PetroQuest announced six wells were placed online […]

An Introduction to Arabella Exploration: Focused on the Wolfbone in the Permian Basin

An Introduction to Arabella Exploration: Focused on the Wolfbone in the Permian Basin

Arabella Exploration, Inc. (ticker: AXPLF) is an independent oil and natural gas company focused on the acquisition, development and exploration of unconventional, long life, onshore oil and natural gas reserves in the southern Delaware Basin in Reagan and Pecos, Texas counties. The company is utilizing multi-lateral wells to develop the Wolfbone play. The Midland, Texas based E&P serves as the […]

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum Corporation (ticker: MPET) is an independent oil and gas exploration and production company with assets in the US, Australia, and the UK.  The Company is primarily focused on the development of a CO2-enhanced oil recovery (CO2-EOR) program at Poplar Dome in eastern Montana.  The Poplar, acquired by Magellan in 2009, is the largest geologic structure in the western […]

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

Saratoga Resources (ticker: SARA) is an independent exploration and production company with offices in Houston, Texas and Covington, Louisiana. Principal holdings cover 51,901 gross/net acres with 60% held by production, located in the transitional coastline and protected in-bay environment on parish and state leases of south Louisiana and in the shallow Gulf of Mexico Shelf. Saratoga expanded its boundaries in […]

InterOil Closes Deal with Total on Papua New Guinea LNG Project; Appraisal Wells Being Drilled

InterOil Closes Deal with Total on Papua New Guinea LNG Project; Appraisal Wells Being Drilled

InterOil Corporation (ticker: IOC) is developing a vertically integrated energy business focused on assets in Papua New Guinea (PNG). InterOil’s assets consist of petroleum licenses covering about 3.9 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea. Deal Finalized… InterOil announced its partnership in the Elk-Antelope field in Papua New Guinea with […]