Represents Decades of Drilling Inventory in Permian’s Delaware Basin Targeting Delevering Efforts of $800 Million to $1 Billion in Divestitures by Year-End 2016 WPX Provides Hedging Update WPX Energy (WPX) announced today that it has successfully closed the purchase of privately held RKI Exploration & Production, LLC. With the merger complete, WPX now has a substantial presence in the core
Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it has commenced a public offering of senior notes (the “Notes”). The Partnership intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial paper program and for general partnership purposes. Amounts repaid under the Partnership’s commercial paper program may be reborrowed, as necessary, to fund
Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a quarterly dividend of $0.05 per share of common stock and further reported year-end reserves as of June 30, 2015 with comparisons to the prior year. Cash Dividend A cash dividend of $0.05 per share of common stock will be paid on September 30, 2015 to common stockholders as of September 15,
Bristow Group Inc. (BRS), a leading provider of helicopter services to the offshore energy industry, today announced it is combining its CFO group with its Mergers, Acquisitions and Integration group, and has appointed Don Miller as Senior Vice President and Chief Financial Officer, effective immediately. Miller is replacing John Briscoe, who will be leaving his current position as Chief Financial
Lynn Peterson, president of Synergy Resources Corporation (NYSE MKT: SYRG), presented today at EnerCom’s The Oil & Gas Conference® 20. Synergy Resources Corporation is a domestic oil and natural gas exploration and production company with 451,000 gross (309,000 net) acres under lease. Synergy’s core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. All of the company’s
Tony Sanchez, president and CEO of Sanchez Energy Corporation (NYSE: SN), presented today at EnerCom’s The Oil & Gas Conference® 20. Sanchez Energy Corporation is an independent exploration and production company focused on the acquisition and development of unconventional resources onshore in the U.S. Gulf Coast with a current focus on the Eagle Ford Shale in South Texas, where the company has assembled approximately
John D. Schiller, Jr., Chairman, President and Chief Executive Officer of Energy XXI (ticker: EXXI), presented today at EnerCom’s The Oil & Gas Conference® 20. Energy XXI is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company’s properties are located in the offshore Gulf of Mexico and
Richard L. Bergmark, Executive Vice President and Chief Financial Officer of Core Laboratories (NYSE: CLB) presented today at EnerCom’s The Oil & Gas Conference 20®. Core Laboratories is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and
Nicholas J. Sutton, Chief Executive Officer of Resolute Energy Corporation (NYSE: REN), presented today at EnerCom’s The Oil & Gas Conference® 20. Resolute was founded as a private company in 2004 to acquire and operate large-scale oil and gas properties, with a particular focus on oil. Resolute’s producing assets are Aneth Field in the Paradox Basin of Utah, Hilight Field
Jeff Ventura, Chief Executive Officer of Range Resources Corporation (NYSE: RRC), presented today at EnerCom’s The Oil & Gas Conference 20®. Range Resources Corporation is one of the leading independent oil and natural gas producer with operations focused in Appalachia and the Midcontinent region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects
For the 20th year, analysts, investors and energy industry professionals will descend on Denver, Colorado, for EnerCom’s annual installment of The Oil & Gas Conference. The event started as a one day affair in August of 1996, with eight company presenters and 86 people in attendance. Nineteen years later, the Conference has grown to the largest of its kind in
If you ask people to name some energy producing areas in the U.S., the states that come up include Texas, North Dakota, Colorado, Pennsylvania, Wyoming, West Virginia and Louisiana. No one says, “Idaho.” But Idaho’s governor, C.L. “Butch” Otter, is hoping to change that perception. Otter is determined to attract oil and gas investment to Idaho. First step: he has
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