Archive for April, 2012

Step 2 Of The Building Of Halcón Resources

Step 2 Of The Building Of Halcón Resources

Step One in Floyd Wilson’s [former Petrohawk CEO] new oil and gas business venture was the $500 million recapitalization of RAM Energy Resources, Inc. (formerly ticker: RAM) late in 2011 to form Halcón Resources (ticker: HK). Step Two for the …

April 27, 2012 - 8:05 pm Analytics, Oil and Gas 360 Articles

Don't Cry for Me Argentina; BPZ Energy Exploring Peru's Oil Fields Attracts World-Class Partner and Terms for Block Z-1

A strategic inflection point was taken today by BPZ Energy (NYSE: BPZ).

Joint Venture with Pacific Rubiales at Block Z-1

On April 27, 2012, BPZ formally announced a much anticipated joint venture with Pacific Rubiales Energy Corp. (TSX: PRE) to …

April 27, 2012 - 4:13 pm Oil and Gas 360 Articles

Callon Petroleum Company Announces First Quarter 2012 Reporting Date and Conference Call

Callon Petroleum Company Announces First Quarter 2012 Reporting Date and Conference Call

April 25, 2012 - 10:37 pm 360 Company Releases

Sanchez Energy: The Stars Are Bright And Aligning

Sanchez Energy (ticker: SN) issued common shares in its December 2011 initial public offering at $22 per share. The shares opened for trading on December 15, 2011, at $18.42 per share. Since the stock reached a low of $16.96 during …

April 19, 2012 - 8:14 pm Analytics, Oil and Gas 360 Articles
GMX Resources "Walking-the-Talk" – Company Delivers Positive Oil Well Results out of the Bakken/Three Forks Formations

GMX Resources "Walking-the-Talk" – Company Delivers Positive Oil Well Results out of the Bakken/Three Forks Formations

We believe market (stock) sentiment should be evaluated two to three days after an announcement has been made to appropriately measure the response. GMX Resources (NYSE: GMXR) provided an operations update on the company’s Williston Basin and Niobrara operations after …

April 18, 2012 - 9:09 pm Oil and Gas 360 Articles

Resolute Energy Announces $250 Million Notes Offering — Poised to Accelerate Growth

Resolute Energy Corporation (NYSE: REN) announced a $250 million notes offering. The notes will be general unsecured obligations of the Company and guaranteed on a senior basis by the Company’s existing subsidiaries.

Resolute intends to use the net proceeds from …

April 16, 2012 - 4:12 pm Analytics, Oil and Gas 360 Articles

Getting More with Core Lab

Core Laboratories (NYSE: CLB) describes itself as “a leading provider of proprietary and patented reservoir description, production enhancement and reservoir management services for the global petroleum industry. These services enable the company’s clients to optimize reservoir performance and maximize hydrocarbon …

April 13, 2012 - 8:12 pm Analytics, Oil and Gas 360 Articles, Regulatory

VIDEO: Energy XXI Chairman and CEO John Schiller on Mad Money with Jim Cramer

On April 10, 2012, John Schiller, chairman and chief executive officer at Energy XXI (NASDAQ: EXXI) was interviewed on CNBC’s Mad Money with Jim Cramer.

In an exclusive interview on the show’s Executive Decision segment, John highlights:

  • EXXI’s realized oil
April 11, 2012 - 3:17 pm Offshore, Oil and Gas 360 Articles
Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources (MHR) is engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, in three unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, …

April 10, 2012 - 7:21 pm Analytics, Midstream, Oil and Gas 360 Articles

Lead, Follow or Get Out of the Way

Set aside that we’re in the season of rhetoric, half-truths and innuendos, and that the oil and gas industry is being kicked around like a football and POTUS prefers basketball (what did U.K. Prime Minister David Cameron really think about …

April 9, 2012 - 9:11 pm Oil and Gas 360 Articles, OPEC, Politics & Opinions

Equal Energy and Atlas Resource – Flexing to Drill Mississippian Light Oil Play

Equal Energy Ltd. (TSX, NYSE: EQU) signed an agreement with Atlas Resource Partners, L.P. (NYSE: ARP) to sell 50% of its interest in approximately 14,500 net undeveloped acres prospective for Mississippian light oil for total cash consideration of approximately US$18 …

April 5, 2012 - 10:26 pm Oil and Gas 360 Articles

Callon Petroleum Company Announces New Senior Vice President

Callon Petroleum Company Announces New Senior Vice President

April 2, 2012 - 9:23 pm 360 Company Releases

Questioning EPA's Credibility in Ground Water Contamination Cases

The U.S. Environmental Protection Agency’s (EPA) credibility is being called into question after it dropped its water contamination claims against Range Resources (NYSE: RRC) on Friday. In December 2010, EPA issued an imminent and substantial endangerment order to protect drinking …

April 2, 2012 - 9:08 pm Oil and Gas 360 Articles, Regulatory

The Sun Goes Down and the Wind Stops A' Blowin'. But America's Oil and Gas Keeps On A' Flowin'!

In a rhetoric-filled campaign speech on March 29, President Obama sought to pit one American against another when he told members of Congress that they could “stand with big oil companies, or they can stand with the American people.”

Oil …