Evolution Petroleum Corporation (NYSE MKT: EPM) today reported additional detail regarding operating results for the quarter ended December 31, 2014.
Dividend on Common Stock
Last week we declared a quarterly cash dividend payable to common stock at the end of …
A proposal is being heard by the Colorado Senate Committees of Agriculture, Natural Resource, & Energy Thursday regarding compensation for mineral owners whose property value is reduced due to regulations limiting hydraulic fracturing. The bill is one of many being …
Virgil Films to Distribute Breitling Energy’s “Breaking Free” Film
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Igor Sechin, CEO of state-run energy giant Rosneft (ticker: RNFTF), made a rare appearance in London for the International Petroleum Week event where he …
The Republican-led Congress passed legislation regarding TransCanada’s (ticker: TRP) Keystone XL pipeline. In a 270-152 vote, Congress decided to approve the …
Unit Corporation to Present at Enercom’s the Oil & Services Conference
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NATURAL GAS INVENTORY (Week Ended 2/6/15)
Current: 2,268 Bcf
Actual Injection/(Withdrawal): (160) Bcf
Economist Average Estimate: (168) Bcf
Previous: 2,428 Bcf
Top Basic Materials Small-Cap Star for February 12 is Gevo Inc. (GEVO)
…Callon Petroleum Company Announces Upcoming Investor Event
…Gevo Inc. (GEVO) is Top Materials Small-Cap Star for February 12 Morning Session
…PetroQuest Energy, Inc. (PQ) announced today that the Company ended 2014 with approximately 397 Bcfe of estimated proved oil and gas reserves having a pre-tax discounted value (“PV-10”) including hedges of approximately $600 million. The Company’s proved reserves …
Story by Bloomberg
OAO Gazprom, Russia’s largest company, has the strength to weather the country’s economic crisis, according to its chief financial officer.
The state-run gas exporter cut its debt by 10 percent last year, has a cash pile of …
PetroQuest Energy Announces Record 2014 Estimated Proved Oil And Gas Reserves And Production; Provides 2015 Production And Capital Expenditures Guidance; Updates Operating Activities And Hedging
…Dawson Geophysical Company, previously known as TGC Industries, Inc., today announced the completion of its previously announced strategic business combination effective February 11, 2015. Trading in the combined company’s common stock will open on NASDAQ on February 12, 2015 under …
Emerald Oil, Inc. (NYSE MKT: EOX) (“Emerald” or the “Company”) announced today that it has completed the sale of 24,553,571 shares of its common stock. All shares of common stock were sold to the public at an offering price of …
CRUDE OIL INVENTORY/’000 bbls (Week Ended 2/6/15)
Current: 417,928
Actual Build/(Withdrawal): 4,868
Economist Average Estimate: 3,613
Previous: 413,060
Click here for the chart with five year averages.
Click here for an archive of EnerCom’s Inventory Reports.
ANALYST COMMENTARY
BMO …
Other OPEC producers have decided to follow in the footsteps of the organization’s largest producer and cut prices to Asian markets. …
Using microbes in petroleum production is not a new phenomenon. Producers have used them to clean up wax in wellbores, clear scales deposited on downhole tubulars and pumps …
Dawson Geophysical Announces Completion Of Strategic Business Combination
…Sanchez Energy Announces Participation In Upcoming Conferences
…Emerald Oil, Inc. Announces Completion of Common Stock Offering
…Magellan Petroleum to Present at EnerCom’s San Francisco Oil & Service Conference
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China National Offshore Oil Corporation’s (CNOOC) deepsea natural gas discovery in the northern part of the South China Sea has certified reserves exceeding 100 Bcm (3,531 …
Rig counts in the United States have been falling at record rates since the beginning of December as the price of oil remains too low for many …
Dawson Geophysical Co. (DWSN) Hits New 52-week Low During February 11 Session
…WASHINGTON, D.C. – Senator John Hoeven (R-N.D.) and a bipartisan group of senators today reintroduced the Natural Gas Gathering Enhancement Act. The legislation would set deadlines for and expedite the permitting of natural gas gathering lines located on federal land …
Story by Bloomberg
Occidental Petroleum Corp., one of 11 international oil companies invited to bid for rights to develop Abu Dhabi’s largest onshore fields, agreed to a $500 million exploration project in the emirate over two years.
Occidental will work …
CARBO Ceramics (ticker: CRR), a production enhancement services provider based in Houston, Texas, is not immune from the recent commodity downswing. Even though United States production is expected to remain flat or even increase through 2015, the declining rig count …
POSTROCK RELEASE
PostRock Energy Corporation(PSTR) (“PostRock”) today announced the appointment of a new director. Simultaneously, it announced that it had engaged Evercore Group L.L.C. to help explore strategic alternatives.
Alexander P. Lynch, a partner of White Deer …
