Condor Announces 2017 Third Quarter Results
November 14, 2017
Condor Announces 2017 Third Quarter Results
Niko Reports Results for the Quarter Ended September 30, 2017
November 14, 2017
Niko Reports Results for the Quarter Ended September 30, 2017
VAALCO Energy, Inc. (EGY) Q3 Financial Results
November 14, 2017
Q3 highlights Reported loss from continuing operations of $0.1 million or $0.00 loss per diluted share Generated operating income of $3.7 million Produced an average of 3,707 barrels of oil per day (BOPD) Production from the South Tchibala 1-HB was restored at a rate of 1,100 BOPD gross (300 BOPD net) Current production has increased to approximately 15,300 BOPD gross
E-J Electric T&D Assists In Hurricane Irma Recovery Efforts
November 14, 2017
E-J Electric T&D Assists In Hurricane Irma Recovery Efforts
Energy XXI Gulf Coast (EXXI) Q3 Financial Results
November 14, 2017
Q3 highlights Produced an average of approximately 32,600 BOEPD, of which 77% was oil; weather reduced production an average of approximately 1,200 BOEPD EXXI reported a net loss of $31.6 million or ($0.95) loss per diluted share Potential 2018 drilling program Total revenues for Q3 was $117 million EXXI reported eight recompletions, finished in the first nine months of 2017.
OPEC Rig Count vs. U.S. Rig Count
November 14, 2017
423 rigs active in OPEC countries now, only 46% of U.S. activity OPEC may have cut production but drilling activity has not followed along, according to an analysis of the Baker Hughes International Rig Count. Baker Hughes reports a total of 423 rigs active in OPEC countries in October, just under half the number of U.S. rigs active in the
The GE-Baker Hughes Romance May Be Ending After a 4-Month Run
November 14, 2017
From Bloomberg It was a July-to-November romance. Little more than four months after General Electric Co. married its oil and natural gas unit to Baker Hughes’s technical services business, GE’s eyes are wandering. Like a divorce attorney seeking to cloak the sordid details of an ugly breakup in elegant legalese, CFO Jamie Miller told reporters on Monday that the Boston-based industrial behemoth seeks
Oil Retreats as IEA Casts a Dark Cloud Over 2018’s Market Outlook
November 14, 2017
From Bloomberg An unexpected increase in U.S. crude stockpiles further depressed the price of oil on Tuesday. Futures slipped from the settlement in after-market trading in New York, spurred by data from the American Petroleum Institute that was said to show a 6.51 million barrel increase in U.S. crude stockpiles last week. That would be the largest build since March if Energy
RMP Energy Announces Intention of Share-Repurchase Program, Provides Elmworth Operations Update and Reports Third Quarter 2017 Results
November 14, 2017
RMP Energy Announces Intention of Share-Repurchase Program, Provides Elmworth Operations Update and Reports Third Quarter 2017 Results
DXI Energy Receives New C$100k Investment Capital for Woodrush Drill Program
November 14, 2017
DXI Energy Receives New C$100k Investment Capital for Woodrush Drill Program
