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Tamarack Valley Energy Ltd. Announces 2020 First Quarter Results and Ongoing Value Preservation and Cost Cutting Focus

Tamarack Valley Energy Ltd. Announces 2020 First Quarter Results and Ongoing Value Preservation and Cost Cutting Focus

Calgary, Alberta–(Newsfile Corp. – May 12, 2020) – Tamarack Valley Energy Ltd. (TSX: TVE) (“Tamarack” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2020.

Source: Comstock Resources

COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2020 EARNINGS DATE AND CONFERENCE CALL INFORMATION

Frisco, TX, April 07, 2020 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) announces its plan to release first quarter 2020 results on May 6, 2020 after the market closes and host its quarterly conference call at 10:00 a.m. CT on …

Northern Oil and Gas, Inc. announces further debt reduction

Northern Oil and Gas, Inc. announces further debt reduction

Oil and Gas 360


MINNEAPOLIS – Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern”) today announced that it has entered into an agreement with an institutional holder of its 8.5% Senior Secured Second Lien Notes due 2023 (the “Notes”) …

Source EnerCom Inc.

Exclusive Interview: Doug Bailey, President, Chief Executive Officer and Director of Razor Energy Corp.

Razor Energy Corp., President, CEO and Director, Doug Bailey was interviewed by EnerCom’s Angie Austin at The Oil & Gas Conference® 2019.  

Razor is a publicly traded junior oil and gas development and production company headquartered

How to Turn $125 Million into a Half Billion Dollars

How to Turn $125 Million into a Half Billion Dollars

Follow WPX's lead: develop, sell pipeline infrastructure in Texas
A subsidiary of WPX Energy (stock ticker: WPX) and its joint venture partner in the Oryx II pipeline have completed the sale of a pipeline project.

WPX received net proceeds of

WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

Generating Cash: WPX Expects $100 Million in Free Cash Flow in 2019

Cash flow positive at current prices, midstream assets provide uplift
By Richard Rostad, analyst, Oil & Gas 360

WPX Energy (ticker: WPX) announced first quarter earnings today, showing a net loss of $48 million, or ($0.11) per share.

The rising

Core Lab Sees International Activity, Free Cash Focus Driving 2019

Core Lab Sees International Activity, Free Cash Focus Driving 2019

Slowing U.S. activity shifts focus
By Richard Rostad, analyst, Oil & Gas 360

Core Laboratories (ticker: CLB) announced first quarter earnings last week, showing net income of $40.5 million, or $0.90 per share.

Core reports revenue fell slightly year-over-year, down

Whiting Targets Free Cash at $55 Oil

Whiting Targets Free Cash at $55 Oil

Whiting generated free cash in each quarter of 2018
By Richard Rostad, analyst, Oil & Gas 360

Whiting Petroleum (ticker: WLL) announced fourth quarter results and reserves today, showing $204 million in net income, or $2.24 per share. This result

WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

WPX: “We Are Upping Our Game”

CapEx plan drops 23%, funded at $50 WTI
By Richard Rostad, analyst, Oil & Gas 360

WPX Energy (ticker: WPX) announced fourth quarter results and reserves today, showing net income of $353 million, or $0.83 per share.

This result was

WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

WPX Slashes 2019 CapEx

Spending down 23% production growth down 8%

By Richard Rostad, analyst, Oil & Gas 360

WPX Energy (stock ticker: WPX) is tapping the brakes on its growth plans, becoming the latest oil company to moderate guidance in the face of …

Razor Energy Gives 2019 Budget, Guidance

Razor Energy Gives 2019 Budget, Guidance

Calgary’s Razor Energy Corp. (stock ticker: RZE) has approved a capital budget of $13.5 million for fiscal 2019 that allows it to maintain production levels while continuing to pay a dividend.

Reactivations, recompletions and optimizations $4.6 million
Facilities and pipelines
Razor Energy Corp. Announces Third Quarter Results, Executive Appointment

Razor Energy Corp. Announces Third Quarter Results, Executive Appointment

Razor Energy Corp. Announces Third Quarter 2018 Results, Guidance Revision and Executive Appointment

Tamarack Valley Reports Record Production

Tamarack Valley Reports Record Production

Differentials may lead to deferred completions
Tamarack Valley Energy (ticker: TVE) announced third quarter results today, showing net income of $13 million, or $0.06 per share. The company reported record production this quarter, with an output of 24,765 BOEPD, up

WPX Energy, Catalyst Midstream Partners, LLC Delaware basin Joint Venture construction. Pipeline construction near Tucker Draw wells. Phoenix rig 10, left and H&P rig 566, right.

WPX Plans 30% Production Growth and Free Cash in 2019

May sell pipeline interests to fund additional CapEx
WPX Energy (ticker: WPX) announced third quarter results today, showing a net loss of $7 million, or ($0.01) per share. This loss was due to WPX’s derivative losses, as if these and

Blackbird Energy, Pipestone Oil Corp. Announce Merger and $310 Million in Equity and Debt Financings

Blackbird Energy, Pipestone Oil Corp. Announce Merger and $310 Million in Equity and Debt Financings

October 30, 2018 18:00 ET | Source: Blackbird Energy Inc

CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) — Blackbird Energy Inc. (“Blackbird”) (TSX-V: BBI) and Pipestone Oil Corp. (“Pipestone Oil”) are pleased to announce that they …

TD Securities Initiates Coverage of Tamarack Valley Energy

TD Securities Initiates Coverage of Tamarack Valley Energy

Tamarack Valley Energy (ticker: TVE) is a rate-of-return focused Canadian E&P operating in the Western Canadian Sedimentary Basin.

The company is currently targeting the Viking and Cardium in Alberta and Saskatchewan, each of which offers significant light oil potential. The …

Blackbird Chalks Up 47% YOY Production Growth

Blackbird Chalks Up 47% YOY Production Growth

Upcoming drilling plan significantly exceeds last year’s
Blackbird Energy (ticker: BBI) announced full year results today, showing production growth of 47% year-over-year.

Blackbird produced an average of 1,148 BOEPD in the final quarter of its fiscal year, compared to 782

Blackbird Energy Announces Reserves, First XRL Well Results

Blackbird Energy Announces Reserves, First XRL Well Results

PDP Reserves up 126%

Canadian junior Blackbird Energy (ticker: BBI) announced reserves today and provided an update on the results of its recent drilling efforts.

Blackbird reports PDP reserves at 3.18 MMBOE, more than double last year’s reserve level.

These …

PDC Expects to be Free Cash Flow Positive in 2H 2018

PDC Expects to be Free Cash Flow Positive in 2H 2018

Achieved 44% yearly production growth

PDC Energy (ticker: PDCE) announced fourth quarter results and reserves today, showing earnings of $77.6 million, or $1.18 per share. The company reported a net loss for the full year of $127.5 million, or ($1.94) …

WPX Exits San Juan Basin, Sharpens Sites on Permian, Williston

WPX Exits San Juan Basin, Sharpens Sites on Permian, Williston

$700 million proceeds for Gallup oil play 

‘Our bias for action has completely reshaped our story’ – Rick Muncrief 

WPX Energy (ticker: WPX) announced its exit from the San Juan Basin, selling its assets in the Gallup oil play.  

WPX …

Core Lab Reports Production Enhancement Revenue Up 51% YOY

Core Lab Reports Production Enhancement Revenue Up 51% YOY

New Qatar facility will support Middle East activities

Core Laboratories (ticker: CLB) announced full year results today, showing net earnings of $21.7 million, or $0.49 per share. Core earned a net $83.1 million over the full year, or $1.88 per …

A Serious Canadian Valuation Gap

A Serious Canadian Valuation Gap

Market disconnect for a Canadian junior

“Our company is undervalued” is a common phrase heard around investor conferences.

Executives are their own best cheerleaders and they constantly seek innovative ways to create value with their companies. Sometimes the assertion that …

PDC Energy Reports 40% YOY Production Growth

PDC Energy Reports 40% YOY Production Growth

Oil production up 47% YOY

PDC Energy (ticker: PDCE) announced third quarter results today, showing a net loss of $292.5 million, or ($4.44) per diluted share.

This loss was entirely due to PDC’s Western Delaware activities. As reported in the …

WPX Energy’s (WPX) Busy Quarter

WPX Energy’s (WPX) Busy Quarter

4,221 BOEPD from Delaware well, triples Permian production

WPX Energy (ticker: WPX) announced third quarter results last week, showing a net loss of $153 million, or ($0.39) per share. After adjusting for special charges, WPX reported a loss of $40 …

Core Lab Reports 9% Production Enhancement Revenue Growth

Core Lab Reports 9% Production Enhancement Revenue Growth

HERO PerFRAC perforating system growing fast

Core Laboratories (ticker: CLB) announced third quarter results today, showing net earnings of $21.1 million, or $0.48 per share.

Core reports that revenue rose to $166.2 million, up 1.4% sequentially, while operating margins were …

Manitok Energy Acquires Corinthian Oil Corp.

Manitok Energy Acquires Corinthian Oil Corp.

180 BOEPD, 120,000 acres for $3.1 million in stock

Manitok Energy (ticker: MEI) is acquiring Corinthian Oil Corp. Today’s amalgamation is the most recent in a string of growth moves by the company.

Corinthian Oil currently owns about 120,000 acres …

Exclusive Video Interview with Core Laboratories Chairman, President & CEO David Demshur

Exclusive Video Interview with Core Laboratories Chairman, President & CEO David Demshur

Core Lab: from start of production operators should inject engineered gases to pull more oil out of shale; Core Lab is working to boost average shale recovery from 9% to 13%-14%

At its recent 2017 The Oil & Gas Conference®,  …

Manitok Energy Production up 55% YOY

Manitok Energy Production up 55% YOY

Realized prices up, OpEx and G&A down

Manitok Energy (ticker: MEI) announced second quarter results today, showing a net loss of $8.6 million, or ($0.03) per share.

Manitok reported second quarter production of 5,556 BOEPD, 38% of which was light …

Exclusive Video Interview with Blackbird Energy Chairman and CEO Garth Braun

Exclusive Video Interview with Blackbird Energy Chairman and CEO Garth Braun

Blackbird Energy:  focused on 109 sections of Montney acreage

At its 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Blackbird Energy (ticker: BBI) Chairman and CEO Garth Braun.

Blackbird is focused …

WPX Drills Lateral Well at a Record of Nearly 350 Feet per Hour

WPX Drills Lateral Well at a Record of Nearly 350 Feet per Hour

8,370 lateral feet drilled in 24 hours

WPX Energy, in a post on Facebook, recorded what may be a new drilling record today. The company may have chalked up the fastest lateral drilling ever achieved for an oil and gas …