Archive for February, 2012

Magnum Hunter Reports Q4'11 and Year-End Results; Company Expects to Exit 2012 in Excess of 16,000 BOEPD

Magnum Hunter Resources (NYSE: MHR) announced operational and financial results for Q4’11 and fiscal year end 2011.

MHR reported a Q4’11 net loss of $60.9 million or a loss of $0.46 per share, compared to a net loss of $1.9 …

February 29, 2012 - 10:09 pm Midstream, Oil and Gas 360 Articles
PetroQuest Energy Reports Q4'11 and Year-end Results; Record Reserve Numbers; Extends Woodford JV into the Mississippian

PetroQuest Energy Reports Q4'11 and Year-end Results; Record Reserve Numbers; Extends Woodford JV into the Mississippian

Petroquest Energy, Inc. (NYSE: PQ) reported Q4’11 and year-end results, provided guidance for 2012, and announced an amendment to its Woodford Shale joint development agreement (JDA) to include an expansion into PetroQuest’s Mississippian Lime play.

PQ reported Q4’11 net income …

February 29, 2012 - 4:05 pm Oil and Gas 360 Articles

PDC Energy Reports Q4'11 and Year-end 2011 Results; Permian Asset Sale Closed; 2011 Production Surpasses Expectations

PDC Energy (NASDAQ: PETD) announced Q4’11 and year-end 2011 operational and financial results.

The company reported a Q4’11 net loss of $8 million, or a loss of $0.35 per share, compared to a net loss of $18 million, or a …

February 29, 2012 - 3:51 pm Oil and Gas 360 Articles

Acquire and Exploit Isn't All They Can Do: Energy XXI Updates Gulf of Mexico Shelf Operations; Organic Drilling Efforts Help EXXI Hit Production Goals

During the last six years, Energy XXI (NASDAQ:EXXI) has completed five major acquisitions, making EXXI the third largest producer on the Gulf of Mexico shelf. The company’s historic core strategy is to acquire and exploit producing oil properties; however, more …

February 27, 2012 - 3:25 pm Mergers & Acquisitions, Offshore, Oil and Gas 360 Articles

RANGE ANNOUNCES PRICING OF SENIOR SUBORDINATED NOTES

RANGE ANNOUNCES PRICING OF SENIOR SUBORDINATED NOTES

February 24, 2012 - 8:12 pm 360 Company Releases

RANGE ANNOUNCES OFFERING OF SENIOR SUBORDINATED NOTES

RANGE ANNOUNCES OFFERING OF SENIOR SUBORDINATED NOTES

February 24, 2012 - 1:02 pm 360 Company Releases

PDC Energy Presents at EnerCom's The Oil & Services Conference™ 10

Lance Lauck, Senior Vice President, Business Development of PDC Energy (NASDAQ: PETD) presented today at EnerCom’s The Oil & Services Conference™ 10. PDC is an independent natural gas and oil company 40 years in the making. Historically strong and stable, …

February 23, 2012 - 3:56 pm Oil and Gas 360 Articles, Oilfield Services

Equal Energy Presents at EnerCom's The Oil & Services Conference™ 10

Don Klapko, President and Chief Executive Officer and Dell Chapman, Chief Financial Officer of Equal Energy (NYSE, TSX: EQU) presented today at EnerCom’s The Oil & Services Conference™ 10. Equal Energy is an exploration and production oil and gas company …

February 22, 2012 - 10:40 pm Oil and Gas 360 Articles, Oilfield Services

Magnum Hunter Presents at EnerCom's The Oil & Services Conference™ 10

Gary Evans, CEO of Magnum Hunter Resources Corporation (NYSE: MHR), presented today at EnerCom’s The Oil & Services Conference™ 10. Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, …

February 22, 2012 - 10:11 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Unit Corporation Presents at EnerCom's The Oil & Services Conference™ 10

Larry Pinkston, President and CEO, and David Merrill, CFO and Treasurer of Unit Corporation, presented today at EnerCom’s The Oil & Services Conference™ 10. Unit is a diversified energy company engaged through its subsidiaries in the exploration for and production …

February 22, 2012 - 4:27 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Core Laboratories Presents at EnerCom's The Oil & Services Conference™ 10

David Demshur, Chief Executive Officer, and Richard Bergmark, Chief Financial Officer of Core Laboratories N.V. (NYSE: CLB) presented today at EnerCom’s The Oil & Services Conference™ 10. Core Laboratories is a leading provider of proprietary and patented reservoir description, production …

February 22, 2012 - 2:12 pm International, Oil and Gas 360 Articles, Oilfield Services

RANGE ANNOUNCES 2012 CAPITAL PLAN AND PROVIDES OPERATIONS UPDATE

RANGE ANNOUNCES 2012 CAPITAL PLAN AND PROVIDES OPERATIONS UPDATE

February 22, 2012 - 12:12 am 360 Company Releases

RANGE ANNOUNCES 2011 FINANCIAL RESULTS

RANGE ANNOUNCES 2011 FINANCIAL RESULTS

February 22, 2012 - 12:10 am 360 Company Releases

Sanchez Energy Corporation Presents at EnerCom's The Oil & Services Conference™ 10

Mike Long, Chief Financial Officer and Patrick Talamas, Senior Vice President, Geoscience, of Sanchez Energy (NYSE: SN) presented today at EnerCom’s The Oil & Services Conference™ 10. Sanchez Energy Corporation is a high growth, publicly traded oil and gas producer …

February 21, 2012 - 9:50 pm Oil and Gas 360 Articles, Oilfield Services

Callon Petroleum Presents at EnerCom's The Oil & Services Conference™ 10

Fred Callon, Chairman and Chief Executive Officer of Callon Petroleum (NYSE: CPE) presented today at EnerCom’s The Oil & Services Conference™ 10. Callon Petroleum Company is an independent oil and natural gas company which since 1950 has been focused on …

February 21, 2012 - 5:36 pm Oil and Gas 360 Articles, Oilfield Services
UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

On February 21, 2012 Unit Corporation (NYSE: UNT) announced financial results for Q4 and year-end 2011. For Q4’11, the company reported net income of $51.7 million, or $1.08 per diluted share, as compared to Q4’10 net income of $43.7 million, …

February 21, 2012 - 4:29 pm Earnings, Midstream, Oil and Gas 360 Articles

Dawson Geophysical Presents at EnerCom's The Oil & Services Conference™ 10

Steve Jumper, CEO and President of Dawson Geophysical (NASDAQ: DWSN) presented today at EnerCom’s The Oil & Services Conference™ 10. Dawson Geophysical is the leading provider of U.S. onshore seismic data acquisition services as measured by the number of active …

February 21, 2012 - 2:19 pm Oil and Gas 360 Articles, Oilfield Services
Sanchez Energy Guides for Production to Increase 233%; $145 Million Capital Expenditure Budget

Sanchez Energy Guides for Production to Increase 233%; $145 Million Capital Expenditure Budget

On February 14, 2012, Sanchez Energy Corp. (NYSE: SN) disclosed its 2012 capital expenditure budget and drill plan as well as operating guidance for fiscal year 2012. SN plans to spend approximately $135 million (midpoint of CAPEX guidance) drilling 23 …

February 16, 2012 - 9:53 pm Finance, Oil and Gas 360 Articles
ERHC Energy Reports Fiscal Q1'12 Results; Why You Should Look at Sub-Saharan Africa

ERHC Energy Reports Fiscal Q1'12 Results; Why You Should Look at Sub-Saharan Africa

ERHC Energy Inc. (OTCBB: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. The company reported fiscal Q1’12 results for the quarter ended December 31, 2012 on February 9, 2012.

ERHC had cash and …

February 13, 2012 - 10:12 pm Oil and Gas 360 Articles, OPEC

Far East Energy Drills Three Successful Appraisal Wells in China

Far East Energy (OTCBB: FEEC) is a coalbed methane exploration company based in Houston, Texas, focused on exploration and development in China. Marking 17 of 18 appraisal wells recording high gas content and potential, FEEC drilled an additional three successful

February 10, 2012 - 8:54 pm International, Oil and Gas 360 Articles

Range Announces Conference Call to Discuss Fourth Quarter and Year-End 2011 Financial Results

Range Announces Conference Call to Discuss Fourth Quarter and Year-End 2011 Financial Results

February 10, 2012 - 11:01 am 360 Company Releases

RANGE INCREASES UNPROVED RESOURCE POTENTIAL

RANGE INCREASES UNPROVED RESOURCE POTENTIAL

February 6, 2012 - 11:00 am 360 Company Releases

The Sun Never Sets on Core Laboratories; Posts Record Q4'11 and Year-End 2011 Results

On February 1, 2012, Core Laboratories (NYSE: CLB) reported fourth quarter 2011 and full-year earnings results. Core Lab reported Q4’11 net income of $53,076,000, an increase of 29% from Q4’10. Earnings per share during Q4’11 were $1.11 per share, an …

February 2, 2012 - 3:35 pm International, Oil and Gas 360 Articles

Dawson Geophysical Reports Fiscal Q1' 12 Results; Backlog Provides Strong Full-Year View; U.S. Seismic Leader Adds Channel Counts

Dawson Geophysical (NASDAQ: DWSN) reported financial and operating results for the quarter ended December 31, 2011, the company’s fiscal first quarter of 2012.

DWSN reported net income for fiscal Q1’12 of $3,231,000, or $0.41 per share, compared to fiscal Q1’11 …

February 2, 2012 - 2:21 pm Oil and Gas 360 Articles, Oilfield Services