Entergy Corporation (NYSE: ETR) announced plans on August 27, 2013, to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vermont. The station is expected to cease power production after its current fuel cycle and move to safe shutdown in the fourth quarter of 2014. The station will remain under the oversight of the Nuclear Regulatory Commission throughout
The Bureau of Ocean Energy Management (BOEM) held its Western Gulf of Mexico (GOM) Lease Sale 233 on August 28, 2013, which raised $102.4 million in high bids. The event auctioned 3,873 tracts from nine to 250 miles offshore, in water depths ranging from 16 to more than 10,975 feet. By comparison, the Central Gulf of Mexico Lease Sale netted
Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The Company’s largest projects are in the Bakken and Three Forks plays in North Dakota and its Enhanced Oil Recovery field
Afren plc (ticker: AFR) is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange. Afren is currently producing from its assets offshore Nigeria and Côte d’Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d’Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria -São
Energy XXI (ticker: EXXI) is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company has implemented an “acquire and exploit” growth strategy to build a geographically focused portfolio with some of the highest per-unit margins in the industry. It aims to develop the acquired properties
EnerCom, Inc. today posted video interviews with executives on Oil & Gas 360®, the company’s one-stop source of oil and gas news, information and analysis from the professionals at EnerCom, Inc. The interview series conducted at EnerCom’s The Oil & Gas Conference® 18 includes a total of 18 interviews covering a variety of topics. All the interviews can be found
Fred Callon, CEO, and Gary Newberry, VP of Operations of Callon Petroleum Company (NYSE: CPE) presented at the Oil and Gas Conference 18® on August 12, 2013. Callon is an oil and gas exploration and production company in the process of transitioning from offshore assets to being a Permian Basin operator. Callon’s Permian Basin operations are focused primarily in the
EnerCom, Inc. traveled with Unit Corporation (ticker: UNT) executives to meet with investors in Dallas to complement similar trips undertaken with the company during 2013 in other energy investment centers, including London. Click here for the latest corporate presentation. Unit Corporation is a $2.2 billion market cap company comprised of an Exploration and Production Segment, a Contract Drilling Segment and
Unit Corporation (UNT) today reported its financial and operational results for the second quarter of 2013. Highlights include: Adjusted non-GAAP net income for the quarter was $48.8 million, or $1.01 per diluted share (see Non-GAAP Financial Measures below). Total production for the quarter was 4.1 million barrels of oil equivalent (MMBoe), an increase of 23% over the second quarter of
Company Reports an Increase in Third Quarter Net Income And EBITDA over Comparative 2012 Quarter Dawson Geophysical Company (DWSN) today reported revenues of $75,647,000 for the third quarter-ended June 30, 2013, compared to revenues of $68,348,000 for the same quarter in fiscal 2012. Net income increased to $4,063,000, or $0.50 per share attributable to common stock, in the third quarter of
Miller Energy Resources, Inc. (ticker MILL) is an oil and natural gas exploration, production and drilling company operating in the Cook Inlet, Alaska and in the heart of Tennessee’s Appalachian Basin including the Mississippian Lime and Chattanooga Shale. Miller is headquartered in Knoxville, Tennessee with offices in Anchorage, Alaska and Huntsville, Tennessee. Amending Loan Agreement Miller Energy amended its loan
PDC Energy (ticker: PDCE) is an independent natural gas and oil company that operates in Colorado within the liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the Marcellus Shale in West Virginia. Click here for the news release. The company’s transcript can be found here. PDC Energy announced in their second
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