Archive for October, 2014

Dow Drops More than 350 Points since Opening Monday, WTI Spot Price hits 17-month Low

Dow Drops More than 350 Points since Opening Monday, WTI Spot Price hits 17-month Low

The stock market posted its second straight day of sizable losses on Tuesday, and the oil market was not spared from the bullish trading. West Texas Intermediate (WTI) for November delivery closed at $88.85, a 17-month low, on October 7, …

October 7, 2014 - 6:33 pm Oil and Gas 360 Articles
Strategic Oil & Gas Production Climbs to All Time High

Strategic Oil & Gas Production Climbs to All Time High

Muskeg wells increase quarter-over-quarter production by almost 1,000 BOEPD

At EnerCom’s The Oil & Gas Conference® 19 in August, management of Strategic Oil & Gas expressed optimism about near-term catalysts for the company.

“The last two years I’ve been here, …

October 7, 2014 - 6:27 pm Canada, Midstream, Oil and Gas 360 Articles

Oxy sale of Bakken assets would make strategic sense -analysts

Any sale of Occidental Petroleum Corp's roughly 330,000 acres in North Dakota's oil-rich Bakken shale formation would make strategic sense for the company, which is likely eager to strike a deal, two analysts said on Tuesday. Oxy is looking to …

October 7, 2014 - 6:01 pm Energy RSS

Energy XXI Bermuda Ltd (EXXI) Drops 5.52% on October 7

Energy XXI Bermuda Ltd (EXXI) Drops 5.52% on October 7

October 7, 2014 - 4:41 pm 360 Company Releases

Pennsylvania seeks record fine for EQT fracking fluid leak

(Reuters) – Pennsylvania environmental regulators on Tuesday sought a record $4.5 million penalty from EQT Corp, a natural gas producer, for damage caused by the release of fracking fluids from a gas drilling site in the Marcellus region. The production …

October 7, 2014 - 2:41 pm Energy RSS, Fracing

Fitch Publishes 'Bakken Shale Report'

Fitch Ratings has published its 'Bakken Shale Report'. The report provides an analysis of themes in the Bakken Shale, including crude market dynamics and the potential for new pipe

October 7, 2014 - 1:02 pm Energy RSS

Why the Permian Basin is driving the oil rig count this year

The Permian Basin has the highest number of rigs in the U.S. There were 556 rigs in the Permian Basin as of October 3, 2014.

October 7, 2014 - 1:00 pm Energy RSS

RPC, Inc. Announces Date for Release of Third Quarter 2014 Financial Results and Conference Call

RPC, Inc. Announces Date for Release of Third Quarter 2014 Financial Results and Conference Call

October 7, 2014 - 12:15 pm 360 Company Releases
2014 Range Resources CEO Jeff Ventura

2014 Range Resources CEO Jeff Ventura

Jeff Ventura, president and CEO of Range Resources (NYSE: RRC) discusses his company’s 10 years of operations in the Marcellus shale play, and he discusses the Marcellus shale being responsible for 240,000 jobs in the state of Pennsylvania, moving the …

October 7, 2014 - 10:41 am C-Level Interviews, Videos

Chevron CEO: U.S. needs free markets, practical policies

The lack of "common sense" policies that support responsible development of oil and natural gas resources could hamper the U. – More –  Up-To-The-Minute Case Studies From Leading Niobrara E&Ps… Including Bonanza Creek Energy , Anadarko Petroleum , Cirque Resources …

October 7, 2014 - 10:18 am Energy RSS

Strategic Oil & Gas Ltd. Announces Record Production and Continued Muskeg Success

Strategic Oil & Gas Ltd. Announces Record Production and Continued Muskeg Success

October 7, 2014 - 9:30 am 360 Company Releases

Pacific Energy Development Announces Completion of Drilling of Loomis 2-6H Well

DANVILLE, CA –(Marketwired – October 07, 2014) – PEDEVCO Corp. d/b/a Pacific Energy Development ( NYSE MKT : PED ), an energy company engaged in the acquisition and development of strategic, high-growth energy projects in the U.S., announced today that …

October 7, 2014 - 9:10 am Energy RSS

Pacific Energy Development Announces Completion of Drilling of Loomis 2-6H Well

PEDEVCO Corp. d/b/a Pacific Energy Development , an energy company engaged in the acquisition and development of strategic, high-growth energy projects in the U.S., announced today that the Company has …

October 7, 2014 - 8:30 am Energy RSS

Core Lab Announces Q4 2014 Quarterly Dividend

Core Lab Announces Q4 2014 Quarterly Dividend

October 6, 2014 - 9:16 pm 360 Company Releases
American Eagle Energy: Developing a Sweet Spot in Divide County, ND

American Eagle Energy: Developing a Sweet Spot in Divide County, ND

Bakken/Three Forks Producer Exceeds Production Guidance for Q3 by 40%

American Eagle Energy (ticker: AMZG) found a way to navigate around some backwash from last spring/early summer’s closed county roads in Divide County, North Dakota. At that time the company …

October 6, 2014 - 7:03 pm Midstream, Oil and Gas 360 Articles

MarkWest Energy Partners Announces Release Date for Third Quarter 2014 Financial Results

MarkWest Energy Partners, L.P. will announce third quarter 2014 financial results after market close on Wednesday, November 5, 2014, and will host a conference call to discuss the results at 12:00 p.m.

October 6, 2014 - 6:17 pm Energy RSS

MarkWest Energy Partners Announces Release Date for Third Quarter 2014 Financial Results

MarkWest Energy Partners, L.P. will announce third quarter 2014 financial results after market close on Wednesday, November 5, 2014, and will host a conference call to discuss the results at 12:00 p.m.

October 6, 2014 - 6:17 pm Energy RSS
New Mexico’s Under-the-Radar Opportunity for Oil & Gas Development

New Mexico’s Under-the-Radar Opportunity for Oil & Gas Development

Some states have hit the jackpot with massive hydrocarbon deposits. Independent oil and gas companies have turned fossil fuels in Texas, North Dakota and Pennsylvania into economic development powerhouses. These states are among the fastest growing in the country due …

October 6, 2014 - 6:05 pm Midstream, Oil and Gas 360 Articles

GulfMark Offshore, Inc. Announces 2014 Third Quarter Earnings Conference Call

HOUSTON — GulfMark Offshore, Inc. announced today that its third quarter 2014 earnings conference call is scheduled for Tuesday, October 21, 2014, at 9:00 a.m. eastern daylight time. The call will be …

October 6, 2014 - 6:00 pm Energy RSS, Offshore

PetroQuest Energy Inc. (PQ) Drops 5.49% on October 6

PetroQuest Energy Inc. (PQ) Drops 5.49% on October 6

October 6, 2014 - 4:52 pm 360 Company Releases

WoodMac Sees Promise, Challenges in Springer Shale

The Springer shale could produce between 40,000 and 60,000 barrels per day (bpd) within the next five years, but the oil and gas industry must address several challenges before Springer’s full potential can be determined, a Wood Mackenzie analyst told …

October 6, 2014 - 4:42 pm Energy RSS

3 Reasons Range Resources Corp Could Soar

3 Reasons Range Resources Corp Could Soar

October 6, 2014 - 3:43 pm Energy RSS
2014 Eclipse Resources President & CEO Ben Hulburt

2014 Eclipse Resources President & CEO Ben Hulburt

Ben Hulburt, Chairman, President and Chief Executive Officer of Eclipse Resources (NYSE: ECR), discusses operations in the Utica and funding for its three year drilling program.

October 6, 2014 - 11:19 am C-Level Interviews, Videos

Magnum Hunter Resources Announces Proposed New Credit Facilities and Refinancing of Existing Revolving Credit Facility

Magnum Hunter Resources Announces Proposed New Credit Facilities and Refinancing of Existing Revolving Credit Facility

October 6, 2014 - 11:07 am 360 Company Releases

Augusta Exploration LLC to Commence Drilling Deep Bakken Well

Super Nova Petroleum Corp., reports that it has received information from the management of Augusta Exploration LLC that the preparation to drill Augusta – Krone Bakken Formation well is complete. The …

October 6, 2014 - 9:16 am Energy RSS
2014 Bellatrix COO Brent Eshleman

2014 Bellatrix COO Brent Eshleman

Brent Eshleman, Executive Vice President and Chief Operating Officer of Bellatrix Exploration (TSX: BXE), discusses the company’s production increases and its knowledge of the Cardium play in Canada.

October 5, 2014 - 11:30 am C-Level Interviews, Videos

Responsible natural gas exploration in the Marcellus Shale can benefit everyone

The Marcellus Shale is one of the largest shale formations in the United States, containing an estimated 84 trillion cubic feet of natural gas underneath portions of Maryland, New York, Ohio, Pennsylvania and West Virginia, according to a 2011 U.S. …

October 5, 2014 - 3:32 am Energy RSS

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 3 Session

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 3 Session

October 4, 2014 - 11:10 am 360 Company Releases
2014 Manitok Energy CEO Mass Geremia

2014 Manitok Energy CEO Mass Geremia

Mass Geremia, President and Chief Executive Officer of Manitok Energy (CVE: MEI), discusses his company’s conventional approach and its assets in Canada.

October 4, 2014 - 10:51 am C-Level Interviews, Videos

Emerald Oil (EOX) Hits New 52-week Low During October 3 Session

Emerald Oil (EOX) Hits New 52-week Low During October 3 Session

October 3, 2014 - 6:03 pm 360 Company Releases