Sanchez Production Partners (ticker: SPP), the latest piece of Sanchez Oil & Gas’ (SOG) corporate umbrella, reported its first quarterly results as a limited partnership on May 15, 2015. SPP reported Q1’15 production of 3,596 BOEPD and completed its first transaction, acquiring 1,000 BOEPD of producing assets from Sanchez Energy (ticker: SN). SPP believes the assets will produce consistent volumes
Iran hopes to ramp up production quickly Iran hopes to return its crude oil exports to pre-sanctions levels within three months once a deal with regarding the country’s nuclear program is reached and sanctions are lifted, said Iran’s Deputy Oil Minister Rokneddin Javadi. “We hope we can come back to the export levels that we had before the sanctions,” Javadi,
Over 25,000 acres of federal forest land auctioned in recent BLM sale In its largest oil and gas lease sale in Colorado since 2008, the Bureau of Land Management (BLM) sold 73 parcels totaling 32,962 acres for $32.1 million last Thursday. The highest per-acre price was for a 1,919-acre parcel in Weld County, sold to Ironhorse Resources for $10,100 per
Atlas Resource Partners, L.P. (ARP) (“Atlas Resource Partners” or “ARP”) and Atlas Energy Group, LLC (ATLS) (“Atlas Energy Group” or “ATLS”) announce today that ARP has agreed to acquire natural gas producing properties in the Arkoma basin from its parent company, ATLS, for $35.5 million. The purchase price is subject to customary closing conditions and adjustments and the transaction is
Emerald Oil, Inc. (NYSE MKT: EOX) (the “Company”) announced today the launch of an underwritten public offering of the Company’s common stock with an aggregate public offering size of $150,000,000. The Company intends to use the net proceeds from this offering to fund the previously announced acquisition of certain assets in the Delaware Basin, to repay outstanding credit facility borrowings
Eagle Rock Energy Partners, L.P. (ticker: EROC) is an exploration and production company focused on various onshore United States plays including the Permian Basin, MidContinent and Gulf Coast. The company utilizes a substantial hedging program on its 202,632 net acres, which produced an average of 79.7 MMcfe/d in its Q1’15 results. As of year-end 2014, EROC’s proved reserves of 318.2
Story by Reuters A column of 3,000 Shi’ite militia fighters arrived at a military base near Ramadi on Monday as Baghdad moved to retake the western Iraqi city that has fallen to Islamic State militants in the biggest defeat for the government since mid-2014. Setting the stage for renewed fighting over the city, Islamic State militants advanced in armored vehicles
New research shows the LNG industry could grow Australia’s GDP by almost 3% from 2013 levels by 2020 A new report titled “Ready or Not? Creating a world-leading oil and gas industry in Australia,” found that the liquefied natural gas (LNG) industry in Australia could become the world’s largest and most technologically advanced, contributing more than AUD$55 billion (USD$44.03 billion)
Kosmos Energy (KOS) announced today that the Tortue-1 exploration well in Block C8 offshore Mauritania has encountered additional hydrocarbons while drilling to total depth to evaluate the deeper Albian stratigraphy. Based on the preliminary analysis of drilling results, Tortue-1 has intersected approximately 10 meters (32 feet) of net hydrocarbon pay in the lower Albian section, which is currently interpreted to
Sanchez Energy Corporation (SN) (the “Company” or “Sanchez Energy”) today announced that Gleeson Van Riet has been named Senior Vice President and Chief Financial Officer of the Company, effective immediately. Prior to this appointment, Mr. Van Riet served as Senior Vice President, Capital Markets and Investor Relations, since April 2013 and as Interim Co-Chief Financial Officer since March 2015. “Gleeson
Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) is pleased to announce that it has priced a private offering of US$250 million of 8.500% senior unsecured notes due 2020 (the “notes”). The offering is expected to close on May 21, 2015, subject to customary closing conditions. Bellatrix intends to use the net proceeds of approximately Cdn$303 million (based on
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
