January 21, 2016

Commentary by David Preng, Founder and President of Preng & Associates Full article on Oil & Gas Financial Journal AS MY PARTNERS AND I at Preng & Associates complete our 35th year, we are reminded again of the extreme cyclicality of the oil and gas industry. My view is biased. I have spent my entire career in the oil and

Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced its 2016 capital expenditure plans and suspension of its dividend. Pengrowth’s Board of Directors has approved a $60 to $70 million capital budget for 2016, which is expected to generate annual average production of between 59,000 and 61,000 barrels of oil equivalent per day (boe/d). The 2016 capital budget will focus on maintenance initiatives

Luxe Energy LLC today announced the acquisition of certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers, Endeavor Energy Resources, L.P. and Finley Resources, Inc., for an undisclosed amount. Combined Acquisition Highlights Approximately 18,000 net acres in the core of the Delaware Basin Majority operated with high average working

Synergy Resources Corporation (“Synergy” or the “Company”) (NYSE MKT: SYRG) today announced that it intends to offer for sale 10,000,000 shares of its common stock in an underwritten public offering. The Company has granted the underwriters an option for 30 days to purchase up to an additional 1,500,000 shares of the Company’s common stock. The underwriters intend to offer the shares

Bayou City Energy (“Bayou City”, “BCE” or the “Firm”), announced its affiliate, BCE-STACK Development LLC (“DrillCo”) has entered into a Joint Development Agreement (“JDA”) with Oklahoma Energy Acquisitions, LP, a wholly owned subsidiary of Alta Mesa Holdings, LP (“AMH”, or the “Company”) to finance the drilling of joint wells on the Company’s acreage in the core STACK play of Kingfisher