The hydraulic fracturing ban approved by the city of Denton on November 4 comes into effect today, but is already being contested by the industry in Denton’s courts. The Texas Oil and Gas Association (TXOGA) filed a lawsuit calling the …
Russian President Vladimir Putin announced Monday that Russia will be cancelling its $40 billion South Stream gas pipeline project. Mr. Putin cited unwillingness from European countries as the main reason for shutting down the project saying: “[the project’s cancellation] is …
Weatherford International plc (WFT) (the “Company”) has signed a definitive agreement with an affiliate of The Lubrizol Corporation (“Lubrizol”), a Berkshire Hathaway company, for the sale of the Company’s engineered chemistry and Integrity drilling fluids business. The businesses …
Torchlight Energy Enters Into $40 Million Senior Secured Note Facility
…Bellatrix Announces the Sale of Minority Interests in its New Deep Cut Gas Plant and Facilities Being Constructed in the Alder Flats Area and the Securing of Additional Strategic Firm Capacity in the Strachan Area
…PDC Energy Inc. (PDCE) Hits New 52-week Low During December 01 Session
…Carbo Ceramics Inc. (CRR) Hits New 52-week Low During December 01 Session
…OPEC’s decision last week to leave production output unchanged has left some member countries reeling. While large producers in the cartel like Saudi Arabia and Kuwait continue to weather the storm as oil prices continue their downward plunge, other countries …
RJ Sees Post OPEC Selloff as “Fleeting”
Raymond James announced today that it was upgrading three oil service companies’ ratings. Basic Energy Services, Inc. (ticker: BAS), Nabors Industries Ltd. (ticker: NBR) and Patterson-UTI Energy, Inc. (ticker: PTEN) all had their …
Emerald Oil Announces Increased Borrowing Base Under Its Revolving Credit Facility
…VAALCO Energy To Present at 4th Annual Cowen Ultimate Energy Conference
…Arch Coal Expresses Serious Concerns about EPA’s Proposed GHG Regulations
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Increases 2015 Production Guidance
Bellatrix Exploration Ltd. (ticker: BXE) announced this morning that it has completed the acquisition of assets within its core Alder Flats area of west central Alberta (greater Ferrier region) from an unidentified oil and gas producer …
In the last three weeks, Oil and Gas 360® has reviewed a dozen Canadian E&Ps, looking at operations, financial performance and comments from top management during recent conference calls and management discussions. The four Canadian E&Ps covered this week range …
Following last Thursday’s announcement by OPEC that the cartel would maintain its present oil production levels, prices of West Texas Intermediate (WTI) crude closed at $66.15 per barrel on Friday. In early trading Monday, the U.S. benchmark hit a low …
Range Declares Quarterly Dividend
…Bellatrix announces strategic $118 million acquisition and increased production guidance
…Miller Energy Announces Its Fiscal Second Quarter 2014 Earnings and Operational Call and Reaffirms Its Hedge Position
…Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock
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