Carrizo responds to activist investor Hedge fund Lion Point Capital has filed a Form 13D showing beneficial ownership of approximately 4.7 million shares of Carrizo Oil & Gas (stock ticker: CRZO; $CRZO) that the filing said was worth north of $65 million. That gives Lion Point a little more than 6% of the one billion-dollar (market cap) E&P. In the
Approach Resources Inc. Schedules First Quarter 2019 Earnings Call
“We think the setup is positive for prices in the $65 to $75 WTI range by year-end 2019” By Richard Rostad, analyst, Oil & Gas 360 Oil and gas titan Mark Papa weighed in on the state of the industry today, during Centennial Resource Development’s (ticker: CDEV) conference call. “Oil prices have obviously rebounded strongly relative to early this year,”
CruzSur Energy Corp. Closes $3.35M Convertible Debenture Financing
On the call: talks about using the “DrillCo” structure By Richard Rostad, analyst, Oil & Gas 360 Pioneer Natural Resources (ticker: PXD) announced first quarter results today, showing $350 million in net income or $2.06 per share. Pioneer produced an average of 320 MBOEPD in Q1 from the Permian, above expectations. The company spent $928 million in the basin this
Essential Energy Services Announces First Quarter Financial Results
Gibson Energy Announces Voting Results for Election of Board of Directors
From Bloomberg Anadarko Petroleum Corp.’s board has declared Occidental Petroleum Corp.’s sweetened $38 billion takeover “superior,” giving Chevron Corp. until May 10 to either boost its offer or walk away from the oil industry’s biggest deal in at least four years. The announcement by Anadarko, which had rebuffed several prior bids from Occidental, comes almost a month after it agreed
CORRECTING and REPLACING – Vantage Drilling International Schedules First Quarter 2019 Earnings Release Date and Conference Call…
Perpetual Energy Inc. Announces Senior Note Refinancing
From Bloomberg Occidental Petroleum Corp. Chief Executive Officer Vicki Hollub is on the cusp of winning a David versus Goliath bidding war that has captivated the oil industry. After making a series of approaches to rival Anadarko Petroleum Corp. about a merger over almost two years, Hollub was outflanked last month when the company embraced a takeover offer from Chevron Corp.,
Calyxt Reports 1st Quarter Financial Results
