Archive for February, 2015

PetroQuest Energy, Integrated Environmental Technologies and Nighthawk Energy Discuss 2015 Strategy in Exclusive Video Interviews with EnerCom’s Oil & Gas 360®

PetroQuest Energy, Integrated Environmental Technologies and Nighthawk Energy Discuss 2015 Strategy in Exclusive Video Interviews with EnerCom’s Oil & Gas 360®

New executive interviews from EnerCom’s The Oil & Services Conference™ 13 are now posted on Oil & Gas 360®

How are oil and gas companies working differently in the present commodity market?  How are companies managing their drilling programs and …

It’s Earnings Season! Quarterly Releases

It’s Earnings Season! Quarterly Releases

Earnings Releases for March 17, 2015 include:

InterOil (ticker: IOC) – Click for full release.

RSP Permian (ticker: RSPP) – Click for full release.


Earnings Releases for March 16, 2015 include:

Ensign Energy Services (ticker: ESVIF) – Click for full

February 26, 2015 - 4:33 pm Earnings, Oil and Gas 360 Articles

PetroQuest Energy Announces Credit Facility Amendment

PetroQuest Energy Announces Credit Facility Amendment

February 26, 2015 - 4:30 pm 360 Company Releases

SandRidge Energy, Inc. Updates Shareholders on Operations and Reports Financial Results for Fourth Quarter and Full Year of 2014

SandRidge Energy, Inc. Updates Shareholders on Operations and Reports Financial Results for Fourth Quarter and Full Year of 2014

February 26, 2015 - 4:15 pm 360 Company Releases
Natural Gas Roundup for the Week Ended February 20, 2015

Natural Gas Roundup for the Week Ended February 20, 2015

NATURAL GAS INVENTORY (Week Ended 2/20/15)roundup2

Current: 1,938 Bcf

Actual Injection/(Withdrawal): (219) Bcf

Economist Average Estimate: (241) Bcf

Previous: 2,157 Bcf

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports.…

February 26, 2015 - 2:48 pm Oil and Gas 360 Articles
Source: Indianaaffairs.gov

EIA – Coal Production Down Throughout the U.S.

The EIA’s weekly coal report shows production has fallen 14%

The Energy Information Administration’s (EIA) weekly coal production report for the week ended February 21, 2015, shows continued declines in coal production in the United States. According to the …

February 26, 2015 - 1:23 pm Oil and Gas 360 Articles
Independent Refiners: Western Refining Reports Q4

Independent Refiners: Western Refining Reports Q4

Western Refining reports fourth quarter results

Western Refining Inc. (ticker: WNR) today reported its fourth quarter 2014 results. The company reported net income of $116.8 million, or $1.19 per diluted share. This represents a 51% increase from the company’s …

February 26, 2015 - 1:10 pm Downstream, Oil and Gas 360 Articles
2015 Nighthawk Energy – Rick McCullough

2015 Nighthawk Energy – Rick McCullough

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Nighthawk Energy (LON: HAWK) Executive Chairman Rick McCullough discusses his company’s management team, extensive land position, development plans and well economics in the Denver-Julesburg Basin in this exclusive interview with Oil & Gas 360® at EnerCom’s Oil …

February 26, 2015 - 12:17 pm C-Level Interviews, TOSC13, Videos
2015 Integrated Environmental Technologies – David LaVance

2015 Integrated Environmental Technologies – David LaVance

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Integrated Environmental Technologies (OTC: IEVM) President & CEO David LaVance talks about his company’s growth strategy for oil and gas operations using IET’s Excelyte™.  The company’s technology protects production equipment from corrosion and simultaneously eliminates all traces …

February 26, 2015 - 11:51 am C-Level Interviews, Videos

WPX Energy (WPX) is Trading Lower on Unusual Volume for February 26

WPX Energy (WPX) is Trading Lower on Unusual Volume for February 26

February 26, 2015 - 9:39 am 360 Company Releases

Strategic Oil & Gas Ltd. Announces Year-End Reserves, Updated Resource Assessment, Credit Facility Adjustment and Revised 2015 Budget

Strategic Oil & Gas Ltd. Announces Year-End Reserves, Updated Resource Assessment, Credit Facility Adjustment and Revised 2015 Budget

February 26, 2015 - 5:00 am 360 Company Releases

Lilis Energy Appoints Ronald D. Ormand to Its Board of Directors

Lilis Energy Appoints Ronald D. Ormand to Its Board of Directors

February 25, 2015 - 8:10 pm 360 Company Releases
NASDAQ Tops 5,000 Points, Closing in on All-Time High

NASDAQ Tops 5,000 Points, Closing in on All-Time High

NASDAQ Last Topped 5,000 in 2001

The NASDAQ composite index broke the 5,000 point threshold on February 25, 2015 – the first time in more than a decade. Stocks extended gains for the 11th straight day on Wednesday; one …

February 25, 2015 - 7:15 pm Finance, Oil and Gas 360 Articles
MarkWest Increases Distribution

MarkWest Increases Distribution

MarkWest plans on increasing distribution thru 2020

During the company’s conference call today, Frank Semple, Chairman, President and Chief Executive Officer of MarkWest Energy Partners (ticker: MWE) announced that MWE expects to increase its distribution to approximately $3.70 for this …

February 25, 2015 - 6:44 pm Earnings, MLPs, Oil and Gas 360 Articles

Chevron Raises $6 Billion From Bond Deal Repaying Borrowings

Story by Bloomberg

Chevron Corp. sold $6 billion of bonds, the biggest offering by the U.S. oil and gas producer since the 54 percent rout in crude began in July, as investors seek debt of energy producers that can weather …

February 25, 2015 - 6:43 pm Energy News
Crude Oil Cuttings for the Week Ended February 20, 2015

Crude Oil Cuttings for the Week Ended February 20, 2015

crude_oil_cuttingsCRUDE OIL INVENTORY/’000 bbls (Week Ended 2/20/15)

Current: 434,071

Actual Build/(Withdrawal): 8,427

Economist Average Estimate: 3,667

Previous: 425,644

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports.


Important disclosures: The …

February 25, 2015 - 6:40 pm Uncategorized
Mixed Reactions to Colorado Task Force Decision

Mixed Reactions to Colorado Task Force Decision

The Colorado Oil and Gas Task Force to send nine recommendations to the governor’s office later this week

Last September, Gov. Hickenlooper created the task force as part of a compromise to remove both pro- and anti-hydrocarbon development initiatives from …

February 25, 2015 - 6:15 pm Fracing, Oil and Gas 360 Articles
2015 PetroQuest Energy – Charles Goodson

2015 PetroQuest Energy – Charles Goodson

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PetroQuest Energy (NYSE: PQ) Chairman, President and CEO Charles Goodson discusses the company’s runway of projects, the Thunder Bayou well results, upcoming development plans and activities with the Federal Reserve Board in this exclusive interview with Oil …

February 25, 2015 - 6:14 pm C-Level Interviews, Videos

Encana Reports Strong Performance in 2014, Reduces 2015 Capital

CALGARY, AB –(Marketwired – February 25, 2015) – Encana (TSX: ECA) (NYSE: ECA)

Encana reported strong results from a transformative 2014 in which the company restructured its organization, transformed its portfolio and delivered solid operational results. The company delivered on …

February 25, 2015 - 6:09 pm Energy News

TransCanada Announces Agreement to Sell Remaining 30 Per Cent Interest in GTN to TC PipeLines, LP

CALGARY, ALBERTA–(Marketwired – Feb. 25, 2015) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its remaining 30 per cent interest in Gas Transmission Northwest LLC (GTN) to its master limited partnership,

February 25, 2015 - 6:06 pm Energy News

MAJOR ENERGY INKS DEAL WITH THE NEW YORK YANKEES ON NEW MULTI-YEAR MARKETING PARTNERSHIP

Major Energy Becomes The Official Energy Supply Company Of The New York Yankees

NEW YORK (February 24, 2015) – Major Energy is pleased to announce its new multi-year marketing partnership with theNew York Yankees that names Major Energy as

February 25, 2015 - 6:04 pm Energy News

Unusual Year Might Impact Oil and Gas Financial Reporting

From Hein

Over the years, the world has become familiar with oil price fluctuations and the impact they have on oil and gas financial reporting. The supply of oil is affected by numerous factors including wars, growing economies, regulations, new …

February 25, 2015 - 6:02 pm Energy News

Interview with Core Laboratories

Core Laboratories (NYSE: CLB) Chairman, President & CEO David Demshur discusses Core Laboratories’ reservoir enhancement technologies, the current oil and gas price environment, Peak Oil and details the company’s plans for 2015 and beyond.

February 25, 2015 - 5:02 pm Uncategorized

Penn Virginia Corporation Announces Fourth Quarter and Full-Year 2014 Results

Penn Virginia Corporation Announces Fourth Quarter and Full-Year 2014 Results

February 25, 2015 - 4:02 pm 360 Company Releases

Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2014 Financial and Operating Results

Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2014 Financial and Operating Results

February 25, 2015 - 4:00 pm 360 Company Releases

Unit Corporation to Present at the Raymond James Institutional Investors Conference

Unit Corporation to Present at the Raymond James Institutional Investors Conference

February 25, 2015 - 3:11 pm 360 Company Releases
Iran Taps Sovereign Wealth Fund for Oil Development

Iran Taps Sovereign Wealth Fund for Oil Development

Iran will spend up to $4.8 billion from its sovereign wealth fund to develop its oil and gas fields

A proposal approved by Iran’s parliament Tuesday will allow the country to draw on its sovereign wealth fund in order to …

February 25, 2015 - 1:47 pm Oil and Gas 360 Articles, OPEC
Cameron LNG Set to Become Largest U.S. Export Facility

Cameron LNG Set to Become Largest U.S. Export Facility

If Approved, New Export Capacity would Exceed 3.5 Bcf/d

Sempra Energy’s (ticker: SRE) Cameron LNG plant, located in Hackberry, Louisiana, is about to get bigger.

Representatives for the $10 billion LNG export plant applied for a facility expansion on February …

February 25, 2015 - 1:45 pm Oil and Gas 360 Articles
Interview with Anatol Feygin, Senior Vice President, Cheniere Energy – Oil & Gas 360’s Top Minds in the Business

Interview with Anatol Feygin, Senior Vice President, Cheniere Energy – Oil & Gas 360’s Top Minds in the Business

View PDF of Interview Slides – Download Video File

U.S. Exports of liquefied natural gas (LNG) have been at the forefront of discussions about North America’s evolving energy revolution. U.S. LNG export projects are expected to come online throughout North …

February 25, 2015 - 1:13 pm Oil and Gas 360 Articles, Top Minds, Videos

Unit Corp. (UNT) is Trading Lower on Unusual Volume for February 25

Unit Corp. (UNT) is Trading Lower on Unusual Volume for February 25

February 25, 2015 - 9:39 am 360 Company Releases