Archive for August, 2015

Synergy Resources Craig Rasmuson 2015 Interview

Synergy Resources Craig Rasmuson 2015 Interview

Craig Rasmuson, Chief Operating Officer of Synergy Resources, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Synergy has 451,000 gross (309,000 net) acres under lease in the Denver-Julesburg Basin, …

August 28, 2015 - 1:17 pm TOGC, Videos

Halcón Resources Announces Debt Exchanges

Company Reduces Long-Term Debt by ~$548 Million

Halcón Resources Corporation (HK) (“Halcón” or the “Company”) today announced that it has entered into privately negotiated exchange agreements with certain holders of its outstanding unsecured debt securities as part of …

August 28, 2015 - 1:11 pm Energy News

Illinois lottery winners have to wait for payout due to budget impasse

Story by the Chicago Tribune

After years of struggling financially, Susan Rick thought things were looking up when her boyfriend won $250,000 from the Illinois Lottery last month. She could stop working seven days a week, maybe fix up the …

August 28, 2015 - 12:52 pm Energy News
Interview with Gurpreet Sawhney, President and CEO of Strategic Oil and Gas at The Oil & Gas Conference® 20

Interview with Gurpreet Sawhney, President and CEO of Strategic Oil and Gas at The Oil & Gas Conference® 20

Strategic Oil and Gas CEO, Gurpreet Sawhney, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20.


Strategic Oil and Gas – The Oil & Gas Conference® 20 Webcast

August 27, 2015 - 7:33 pm Oil and Gas 360 Articles, Straight Answers, TOGC, Videos
Strong Data Contributes to Oil Rebound, but will it Last?

Strong Data Contributes to Oil Rebound, but will it Last?

Oil prices see the largest percent gain in six years

The U.S. crude oil benchmark West Texas Intermediate closed today 10.3% higher at $42.56 per barrel. In percentage terms, that is the largest gain seen in WTI prices in one …

Total sells North Sea midstream assets for $905 million

Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals.
August 27, 2015 - 7:19 pm Energy News
Katherine Spector CIBC 2015 Interview at The Oil & Gas Conference20

Katherine Spector CIBC 2015 Interview at The Oil & Gas Conference20

Katherine Spector, head of commodities strategy for CIBC, spoke to Oil & Gas 360® at EnerCom’s The Oil & Gas Conference® 20. In the interview Spector gives her views on oil prices, the OPEC vs. Shale concept and discusses the …

August 27, 2015 - 7:09 pm MLPs, TOGC, Videos
Saudi Market Therapy

Saudi Market Therapy

OPEC sees lower market share despite decision to maintain production

In November 2014, OPEC, led by its largest producer Saudi Arabia, decided to cast off its traditional role as swing producer in the global oil market. The decision sent oil …

Evolution Petroleum Interview Randy Keys, President & CFO

Evolution Petroleum Interview Randy Keys, President & CFO

Randy Keys, president and CFO of Evolution Petroleum (ticker: EPM), spoke with Oil & Gas 360 at EnerCom’s The Oil & Gas Conference 20. During his interview, Keys touched on the company’s Delhi Field operations, 2016 operational goals, Evolution’s NGL …

August 27, 2015 - 6:58 pm TOGC, Videos
Harvest Natural Resources – Day Three Breakout Notes

Harvest Natural Resources – Day Three Breakout Notes

James A. Edmiston, President and Chief Executive Officer of Harvest Natural Resources (NYSE: HNR), presented today at EnerCom’s The Oil & Gas Conference 20®.

Harvest Natural Resources, Inc. headquartered in Houston, Texas, is an independent energy company with principal operations …

August 27, 2015 - 6:57 pm Oil and Gas 360 Articles
Midstates Petroleum Company – Day Three Breakout Notes

Midstates Petroleum Company – Day Three Breakout Notes

Mark E. Eck, Executive Vice President and Chief Operating Officer of Midstates Petroleum Company, Inc. (NYSE: MPO), presented today at EnerCom’s The Oil & Gas Conference 20®.

Midstates Petroleum Company, Inc. is an independent exploration and production company focused on …

August 27, 2015 - 6:38 pm Oil and Gas 360 Articles
Eclipse Resources – Day Three Breakout Notes

Eclipse Resources – Day Three Breakout Notes

Benjamin Hulburt, Chairman, President and Chief Executive Officer of Eclipse Resources Corporation (NYSE: ECR), presented today at EnerCom’s The Oil & Gas Conference 20®.

Eclipse Resources is an independent exploration and production company engaged in the acquisition and development of …

August 27, 2015 - 6:13 pm Oil and Gas 360 Articles
Dynamic Materials Corporation – Day Three Breakout Notes

Dynamic Materials Corporation – Day Three Breakout Notes

Michael Kuta, Chief Financial Officer of Dynamic Materials Corp. (NASDAQ: BOOM), presented today at EnerCom’s The Oil & Gas Conference 20®.

Based in Boulder, Colorado, Dynamic Materials Corp. operates in two sectors: industrial infrastructure and oilfield products and services. The …

August 27, 2015 - 5:52 pm Oil and Gas 360 Articles
Northern Oil and Gas – Day Three Breakout Notes

Northern Oil and Gas – Day Three Breakout Notes

Michael Reger, Chairman and Chief Executive Officer of Northern Oil and Gas (NYSE MKT: NOG), presented today at EnerCom’s The Oil & Gas Conference® 20.

Northern Oil and Gas, Inc. is an independent energy company. The Company is engaged in …

August 27, 2015 - 5:29 pm Oil and Gas 360 Articles
Surge Energy Inc. – Day Three Breakout Notes

Surge Energy Inc. – Day Three Breakout Notes

Paul Colborne, President and Chief Executive Officer of Surge Energy Inc. (TSX: SGY), presented today at EnerCom’s The Oil & Gas Conference 20®.

Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, …

August 27, 2015 - 4:42 pm Oil and Gas 360 Articles
SM Energy – Day Three Breakout Notes

SM Energy – Day Three Breakout Notes

Jay Ottoson, President and Chief Executive Officer of SM Energy (NYSE: SM), presented today at EnerCom’s The Oil & Gas Conference 20®.

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude …

August 27, 2015 - 4:24 pm Oil and Gas 360 Articles
Source: WPX

Warren Resources – Day Three Breakout Notes

Lance Peterson, Interim Chief Executive Officer of Warren Resources, Inc. (NASDAQ: WRES), presented today at EnerCom’s The Oil & Gas Conference 20®.

Warren Resources, Inc. is an independent energy company engaged in the acquisition, exploration, development and production of domestic …

August 27, 2015 - 4:00 pm Oil and Gas 360 Articles
CorEnergy Infrastructure Trust – Day Three Breakout Notes

CorEnergy Infrastructure Trust – Day Three Breakout Notes

David J. Schulte, President and Chief Executive Officer of CorEnergy Infrastructure Trust (NYSE: CORR), presented today at EnerCom’s The Oil & Gas Conference® 20.

CorEnergy is a real estate investment trust (REIT) that owns essential midstream and downstream energy assets, …

August 27, 2015 - 2:57 pm Oil and Gas 360 Articles
U.S. Energy Corporation – Day Three Breakout Notes

U.S. Energy Corporation – Day Three Breakout Notes

David Veltri, President and Chief Operating Officer of U.S. Energy Corporation (NASDAQ: USEG), presented today at EnerCom’s The Oil & Gas Conference 20®.

U.S. Energy Corp. is a natural resource exploration and development company with oil and gas assets located …

August 27, 2015 - 2:15 pm Oil and Gas 360 Articles
PDC Energy – Day Three Breakout Notes

PDC Energy – Day Three Breakout Notes

Bart Brookman, President and Chief Executive Officer of PDC Energy (NASDAQ: PDCE), presented today at EnerCom’s The Oil & Gas Conference 20®.

PDC Energy Inc. is a domestic independent exploration and production company that produces, develops, acquires and explores for …

August 27, 2015 - 1:54 pm Analytics, Oil and Gas 360 Articles

McDermott Awarded Lump Sum Contract by Saudi Aramco

  • Combined package is the largest single award in the history of McDermott’s Middle East Area
  • Brownfield award follows signing of Long Term Agreement in June 2015

McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a lump sum contract …

August 27, 2015 - 12:55 pm Energy News

Marquee Energy Ltd. Announces Second Quarter 2015 Financial Results and Operational Update

Marquee Energy Ltd. (“Marquee” or the “Company”) (TSXV: “MQL”) is pleased to release its financial and operational results for the three and six months ended June 30, 2015 and provide an operations update. The Company’s financial statements and Management’s Discussion …

August 27, 2015 - 12:43 pm Energy News

Macy’s Considering Spin-off of Real Estate Assets

Story by The Wall Street Journal

Retailer considers whether to spin off real-estate assets, which include landmark building in New York

Macy’s Inc. is the latest major retailer to consider spinning off its real-estate assets into a separate company, following …

August 27, 2015 - 12:39 pm Energy News
Natural Gas Roundup for the Week Ended August 21, 2015

Natural Gas Roundup for the Week Ended August 21, 2015

roundup2NATURAL GAS INVENTORY (Week Ended 8/21/15)

Current: 3,099 Bcf

Actual Injection/(Withdrawal) per EIA: 69 Bcf

Economist Average Estimate per Bloomberg: 60 Bcf

Previous: 3,030 Bcf

Click here for the chart with five year averages.

Click here for an archive of

August 27, 2015 - 12:14 pm Oil and Gas 360 Articles

Charles Cherington of Intervale Capital Weighs in on Schlumberger, Oil Outlook in CNBC Interview

August 26, 2015 - 6:37 pm Energy News
Near-Term Gas Decline Expected in All Major Shale Regions

Near-Term Gas Decline Expected in All Major Shale Regions

The EIA anticipates declines in natural gas production for the first time

Natural gas

The Energy Information Administration (EIA) expects to see near-term declines in the amount of natural gas produced in the seven major shale regions for the first time in …

D.C. Commission Rejects Merger to Form Utility with $26 Billion Rate Base

D.C. Commission Rejects Merger to Form Utility with $26 Billion Rate Base

Public Service Commission says $8.6 billion Pepco-Exelon merger is a no-go

The D.C. Public Service Commission (PSC) announced yesterday that it would not approve a proposed merger between Pepco Holding Inc. (ticker: POM) utilities and Exelon Corp. (ticker: EXC). According

August 26, 2015 - 5:48 pm Oil and Gas 360 Articles

Stocks leap about 4% in recovery, best day since 2011

Story by CNBC

U.S. stocks shot higher on Wednesday, rebounding from six consecutive days of declines that pushed the major averages into correction territory.

In addition to an oversold bounce, some analysts also attributed the gains to comments from the

August 26, 2015 - 5:42 pm Energy News
Not Your Granddaddy’s OFS Provider: Schlumberger and Cameron Are Primed to Change How it’s Done at the Wellhead

Not Your Granddaddy’s OFS Provider: Schlumberger and Cameron Are Primed to Change How it’s Done at the Wellhead

Schlumberger Creates “Pore to Pipeline” Business with $14.8 Billion Takeover of Cameron Intl.

While Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) labor over the fine print of their proposed merger, their top oil service rival is making moves of …

Breitling Energy CEO Addressing Platts Oil and Gas Conference in NYC

Breitling Energy CEO Addressing Platts Oil and Gas Conference in NYC

August 26, 2015 - 1:42 pm 360 Company Releases