Magnum Hunter Resources Announces Closing of New Credit Facilities and Refinancing of Prior Revolving Credit Facility
Magnum Hunter Resources Announces Closing of New Credit Facilities and Refinancing of Prior Revolving Credit Facility
…Magnum Hunter Resources Announces Closing of New Credit Facilities and Refinancing of Prior Revolving Credit Facility
…California Resources Corporation, a subsidiary of Occidental Petroleum Corporation (OXY), announced net income of $188 million for the third quarter of 2014, compared with $235 million for the third quarter of 2013. Net income for the first nine months of …
A 30-year oil and gas veteran gives his perspective on the E&P space, oil prices, OPEC, LNG and New York’s shale
Oil & Gas 360® had an opportunity to speak with John Gerdes about the oil and gas industry from …
Update: Torchlight Discloses Disadvantaged Economic Arrangement
…Oil prices resumed their deep downward march on Wednesday, with U.S. After trading in a relatively narrower range for the past few days, Brent crude fell $1.68 at $84.56 a barrel at 2:37 EST (1824 GMT). The Energy Information Administration …
Global benchmark Brent reversed course after the U.S. Energy Information Administration said crude inventories rose by 7.11 million barrels, more than the 2.7 million-barrel increase analysts had expected. "The large crude oil build is the dominant feature of the report, …
Oil service stocks have posted mixed results in recent days, and with the recent slide in oil it will be interesting to see how these companies perform now.
…West Texas Intermediate oil fell $1.16 to $81.33 a barrel on the New York Mercantile Exchange at 1:37 p.m. An analysis of a group of wells on the same lease in La Salle County, in the heart of Texas's booming …
London (AFP) – World oil prices hit reverse Wednesday following news of surging stockpiles in top consumer the United States, with additional selling pressure from the stronger dollar.
…The Board of Directors met today and paid homage to Chairman and CEO Christophe de Margerie, who died tragically in an airplane accident in Moscow on the night of October 20-21, 2014.
After joining the Group in 1974, Christophe de
PETRO GLOBAL NEWS – ExxonMobil has delayed the startup of its first offshore Liberia exploration well as concerns mount over the Ebola outbreak ravaging western Africa.
An ExxonMobil spokesman told the Houston Chronicle that the planned late-2014 start date at …
The Eagle Ford shale formation sprawls across more than 15 south Texas counties and with 269 working drilling rigs, it currently supports 155,000 jobs and contributed $87 Billion to the Texas economy in 2013, according to a comprehensive report released …
Oilfield waste facility opens
…Magnum Hunter Resources Completes Production Test Results on Stewart Winland Pad in Tyler County, West Virginia
…Matador Resources Company , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus …
U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.
…A Montana judge will consider a plea agreement Wednesday that calls for a Colorado man to plead guilty to killing a high school teacher and burying her in a shallow grave in the Bakken oil patch.
…Albany Two commissioners in the Cuomo administration are urging the North Dakota governor to back proposed rules that would make crude oil from that state's Bakken field less explosive before it is shipped on rail cars, thousands of which are …
Caracas (AFP) – Sliding oil prices are deepening the budget crisis facing the Venezuelan government, which is already struggling to fund its lavish subsidies and rigid exchange-rate controls, analysts say.
…VAALCO Energy Schedules Third Quarter 2014 Earnings Conference Call
…In the oil boom towns of North Dakota, Texas and Colorado there's a big demand for new homes — but there's no one to build them.
…Parallels Abound Between Baseball and the Energy Industry as 110th Fall Classic Gets Underway.
…“The journey from the minor leagues to the World Series parallels the struggle to climb the ladder of American business. Many try, but only a
Those giant offshore oil platforms dotting California’s coastline look like the least friendly marine habitat you could find.
…Brent crude oil ended up almost 1 percent on Tuesday, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling. Analysts and traders cautioned, however, that global economic data, especially out of …
Callon Petroleum Company Announces Third Quarter 2014 Earnings Release and Conference Call Schedule
…PetroQuest Energy, Inc. Invites You To Join Its 2014 Third Quarter Earnings Conference Call
…DALLAS, Oct. 21, 2014 /PRNewswire/ — RSP Permian, Inc. ("RSP" or the "Company") (RSPP) today announced that it will release its third quarter 2014 results before the New York Stock Exchange opens on Monday, November 10, 2014. This release will …
Investors are putting money into funds that track oil prices at the fastest rate in two years, betting that crude will rebound from a bear market. The four biggest oil exchange-traded products listed in the U.S. Shares outstanding of the …
DALLAS, Oct. 21, 2014 /PRNewswire/ — Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.056006 per …
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