Archive for May, 2012

Man, I Keep Missing that One! Core Lab: a Valuable Value

Man, I Keep Missing that One! Core Lab: a Valuable Value

How is value measured? Analysts talk and write about a stock because the company creates value. Does “value” mean “cheap?” Buy low, sell high. That formula is not working with Facebook (ticker: FB) at the moment. That’s more like buy …

May 30, 2012 - 7:21 pm Analytics, Oil and Gas 360 Articles
Goodrich Petroleum and Encana Drill 1,082 BOEPD Well in Mississippi

Goodrich Petroleum and Encana Drill 1,082 BOEPD Well in Mississippi

Goodrich Petroleum’s (NYSE: GDP) first Tuscaloosa Marine Shale well, in participation with Encana (NYSE: ECA) recorded a 72-hour production rate of 1,082 BOEPD (90% oil). The well was drilled with a 7,300 foot lateral with 30 stages. The Anderson 17H-1 …

May 26, 2012 - 12:54 am Oil and Gas 360 Articles
A View on the Current Markets and Unit Corporation (NYSE: UNT)

A View on the Current Markets and Unit Corporation (NYSE: UNT)

Patrick Gundlach, Fund Manager
BMO Asset Management



Oil & Gas 360® spends 10 Good Minutes with Patrich Gundlach, Fund Manager at BMO Asset Management. We discuss the current market sentiment., key drivers for investment decisions, and Unit Corporation’s E&P assets, …

May 22, 2012 - 6:54 pm Oil and Gas 360 Articles
Equal Energy Reports Q1'12 Results; Strategic Review Underway

Equal Energy Reports Q1'12 Results; Strategic Review Underway

Equal Energy Ltd. (TSX, NYSE: EQU) is an exploration and production oil and gas company with producing properties in Alberta and Oklahoma. EQU’s current production stream is comprised of approximately 13% crude oil, 38% NGLs and 49 % natural gas. …

May 18, 2012 - 10:14 pm Oil and Gas 360 Articles

PDC Energy Reports Q1'12 Results; Re-Upping on Horizontal Niobrara/Codell Locations – Wattenberg Field Acquisition Provides Room to Bloom

PDC Energy (NASDAQ: PETD) is an oil and natural gas exploration and production company with operations focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara, the Marcellus Shale development in West Virginia and the Utica Shale in …

May 16, 2012 - 3:43 pm Oil and Gas 360 Articles

GMX Resources Reports Q1'12 Results; Average Peak Flow of 1,855 BOEPD Recorded on Last Four McKenzie County Wells

GMX Resources is an oil and natural gas exploration and production company currently targeting oil prospects in the Williston Basin Bakken/Three Forks, and the DJ Basin Niobrara. GMXR also operates in the Haynesville/Bossier Formation and the Cotton Valley Sand Formation …

May 9, 2012 - 9:06 pm Oil and Gas 360 Articles

Callon Petroleum Reports Q1'12 Results; Permian Catalysts Stacking Up Through 2012

Callon Petroleum Company (NYSE: CPE), an independent oil and gas exploration & production (E&P) company operating both offshore and onshore in the United States, announced operational and financial results for the Q1’12 period ended March 31, 2012.

CPE reported Q1’12 …

May 9, 2012 - 4:23 pm Oil and Gas 360 Articles

PetroQuest Energy Reports Q1'12 Results; Announces Second Expansion of Mississippian Lime JV

PetroQuest Energy (NYSE:PQ) is an independent oil and natural gas company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Oklahoma, Texas, the Gulf Coast Basin, Arkansas and Wyoming. Over the last several years, …

May 9, 2012 - 3:58 pm Oil and Gas 360 Articles

Callon Petroleum Company Reports Results For The First Quarter of 2012

Callon Petroleum Company Reports Results For The First Quarter of 2012

May 7, 2012 - 9:05 pm 360 Company Releases

Callon Petroleum Company Issues Guidance For Second Quarter, Full Year 2012

Callon Petroleum Company Issues Guidance For Second Quarter, Full Year 2012

May 7, 2012 - 9:05 pm 360 Company Releases

Energy XXI Reports Fiscal Q3'12 Results; Reinstates Dividend Program

Energy XXI (NASDAQ: EXXI) announced fiscal Q3’12 operating and financial results for period ended March 31, 2012. The company reported fiscal Q3’12 net income of $82.5 million, or earnings per share of $1.04, compared to fiscal Q3’11 net income of …

May 7, 2012 - 3:11 pm Offshore, Oil and Gas 360 Articles
Callon Petroleum Company: The Amphibian Strategy for Growing Oil Production and Value

Callon Petroleum Company: The Amphibian Strategy for Growing Oil Production and Value

Callon Petroleum Company (NYSE: CPE) is an independent oil and gas exploration & production (E&P) company operating both offshore and onshore in the United States. The Company generates the majority of its free cash flow from its offshore fields in …

May 3, 2012 - 5:24 pm Analytics, Oil and Gas 360 Articles

Unit Corporation Reports Q1'12 Results; All Three Segments Focused on Oil and Liquids Growth

Unit Corporation (NYSE: UNT) is a diversified oil and gas company engaged in the exploration and production of oil and natural gas, contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. UNT …

May 3, 2012 - 4:23 pm Midstream, Oil and Gas 360 Articles

Samson Oil & Gas Reports Fiscal Q3'12 Results; Oil Production Increases 25% from Previous Quarter

Samson Oil & Gas (ticker: SSN) reported operational and financial results for the three month period ended March 31, 2012.

Highlights included:

  • The Australia II 12KA 6, #1-29H well in Roosevelt County, Montana, has been fracture-stimulated and is currently waiting
May 3, 2012 - 2:36 pm Oil and Gas 360 Articles
ATP Oil & Gas Drilling for Natural Gas Elephants: Shimshon Well Offshore Israel Could Hold 2.3 Tcf

ATP Oil & Gas Drilling for Natural Gas Elephants: Shimshon Well Offshore Israel Could Hold 2.3 Tcf

ATP Oil & Gas Corporation (NASDAQ: ATPG) initiated drilling the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well (ATPG is the operator with a 40% WI) is in 3,622 feet of water with a target formation …

May 1, 2012 - 7:00 pm Offshore, Oil and Gas 360 Articles