September 26, 2017

Harvey’s effects continue to ripple With the third quarter coming to a close, companies are beginning to prepare for reporting season. As part of these efforts, companies often update guidance for Q3 and full year production. This is especially pertinent this year, as Hurricane Harvey’s effects impacted operations throughout the country. Noble Energy (ticker: NBL), Chesapeake Energy (ticker: CHK) and

Acreage purchase, trade PDC Energy (ticker: PDCE) announced two acreage moves yesterday, expanding the company’s position in the Wattenberg. The first deal PDC announced is a bolt-on acreage purchase from privately-held Bayswater Exploration & Production. PDC purchased about 8,300 acres for $210 million in cash. These properties are currently producing about 2,200 BOEPD, with 60% of production consisting of crude