Tuesday, June 17, 2025
Roughnecks at drill site.

Repsol Shifts Strategy to “Value and Resilience” from Growth, in its Newest Five Year Plan

Plans US$7.1 Billion in Divestitures Spending Cuts of 38% Madrid-based Repsol (ticker: REPYY) touted value creation, efficiency and a significant divestiture program in its 2016-2020 Strategic Plan, unveiled on October 15, 2015. The latest program starkly contrasts its 2012-2016 Strategic Plan, which focused on “high growth of Upstream” and a dedicated investment of more than €19 billion. Repsol kicked off

Carrizo Oil & Gas Announces Estimated Third Quarter Production and Raises 2015 Crude Oil Production Growth Target, Announces Common Stock Offering

HOUSTON, Oct. 15, 2015 (GLOBE NEWSWIRE) — Carrizo Oil & Gas, Inc. (CRZO) today provided an operational update, which included the following highlights: Estimated third quarter crude oil production of 23,573 Bbls/d, 4% above the high-end of the guidance range Raising 2015 crude oil production growth target to 21% Added 8,000 Bbls/d of swaps for 2016 at a weighted average