Tuesday, June 17, 2025

Lonestar Resources Closes $250 Million Offering of Senior Unsecured Notes

Lonestar Resources US Inc. (ticker: LONE) has closed its previously announced offering of $250 million aggregate principal amount of 11.250% senior notes due 2023. According to a press release from Lonestar Resources, the notes were issued, under the indenture, dated as of January 4, 2018, by and among LRAI, the subsidiary guarantors named therein and UMB Bank, N.A., as trustee. The notes are fully

Energy Jobs Beat National Average Salary by $50,000

API President and CEO Jack Gerard laid out the benefits of the energy sector on the American economy and jobs in a webcast today. Gerard’s statements were sourced from the 2018 State of American Energy (SOAE) report by the API. The 2018 SOAE report said that based on 2016 average annual wage data from the Bureau of Labor Statistics, the

Blackbird Energy Provides Initial Production Results from Pipestone/Elmworth Montney Condensate Play

Blackbird Energy Inc. (ticker: BBI) had production results from three new development wells on its condensate-rich Pipestone/Elmworth Montney play. Blackbird also completed its planned delineation program and provided its preliminary 2018 outlook. Initial Production Results Blackbird’s total corporate December sales production averaged an estimated 1,972 BOEPD (55% liquids), with production online for 28 of a possible 31 days through the

Parsley Energy Announces New CEO

Parsley Energy, Inc. (ticker: PE) said that next year, effective Jan. 2019, Chairman of the Board and CEO Bryan Sheffield will be succeeded as CEO by Matt Gallagher, the company’s current president and COO. Gallagher is appointed to Parsley’s board of directors effective immediately. Sheffield will serve as CEO through the end of 2018, in the newly-created position of executive