Friday, June 13, 2025

CAMAC Energy Nears Start of Oyo Field Production, Expects 14 MBOEPD by End of 2014

CAMAC Energy Inc. (ticker: CAK) is a Houston-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The company is preparing to develop and exploit two separate wells in the Oyo Field and generate a total of 14 MBOEPD. In the past year, CAK has acquired the remaining interests in blocks

Sanchez Energy More than Triples Revenue in Q1’14

Sanchez Energy Corporation (ticker: SN), based in Houston, Texas, expects to double production in 2014 compared to 2013 and is allocating 90% of expenditures to development in the Eagle Ford Shale. Its growing knowledge of the shale is reducing capital costs, which were reduced by $50 million in an update in March 2014. SN expects to drill and complete 70

PetroQuest Increases Quarterly Revenue and Sales; Woodford Project Continues to Exceed Company Expectations

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico. The company has transitioned from gas opportunities to a liquids-rich focus and expects 2014 to be its best year in company history. PQ

Emerald Oil Boosts EURs Again; Expects 100% of Acreage to be Held by Production by Year-End 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is dedicated to acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. The company sold substantially all of its non-operated assets in 2013 to become a fully focused Williston operator. In OAG360’s March 17,

Whiting Petroleum Increasing Downspacing Program in the Redtail; Coiled Tubing Boosting IP Rates

Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The Company’s largest projects are in the Bakken and Three Forks plays in North Dakota, Redtail Horizontal Niobrara development in the

Range Resources Improving Efficiency; Q1'14 Production Greater than 1 Bcfe/d; Company Believes in Visible Growth of 20% to 25%

“(The Marcellus) gives us the confidence to say we think we can grow at 20% to 25% for many years with improving capital efficiencies as we go forward into a better gas pricing environment,” said Jeff Ventura, Chief Executive Officer of Range Resources (ticker: RRC), in the company’s Q1’2014 conference call with investors and analysts on April 29, 2014.  Ray

CARBO Ceramics Increases Net Income in Q1’14, Nears Completion of KRYTOSPHERE Proppant

CARBO Ceramics Inc. (ticker: CRR) is the world’s largest supplier of ceramic proppant for fracturing oil and gas wells and a supplier of resin-coated sand (RCS) proppant; the provider of the industry’s most widely used fracture simulation software; and a provider of fracture design and consulting services. The company also provides a broad range of technologies for spill prevention, containment

Core Laboratories Reaffirms Guidance, Posts Most Profitable First Quarter in Company History

Core Laboratories (ticker: CLB) is a provider of proprietary and patented Reservoir Description, Production Enhancement, and Reservoir Management services. The company has a market cap of $6.93 billion and is part of the basic materials sector and energy industry. With over 70 offices in 50 countries, Core provides reservoir assistance to leading world, national and independent oil companies. CLB offers

Bam! It’s Earnings Season Again – Q1’14 Estimates

EnerCom, Inc. compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 181 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending March 31, 2014, is $0.33 per share compared to actual earnings per share of $0.24

Synergy Resources Horizontal Program Driving Up Revenues and Production

Synergy Resources Corporation (ticker: SYRG) is a domestic oil and natural gas exploration and production company with 392,000 gross (286,000 net) acres under lease. Synergy’s core area of operations and all of its production comes from the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas and Nebraska. Synergy’s horizontal program, initiated in May 2013, doubled the company’s revenue and production on

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

Saratoga Resources (ticker: SARA) is an independent exploration and production company with offices in Houston, Texas and Covington, Louisiana. Principal holdings cover 51,901 gross/net acres with 60% held by production, located in the transitional coastline and protected in-bay environment on parish and state leases of south Louisiana and in the shallow Gulf of Mexico Shelf. Saratoga expanded its boundaries in

Torchlight Energy Prepares for Transformational 2014

Torchlight Energy Resources (ticker: TRCH) is a high growth oil and gas exploration and production (E&P) company with a primary focus on acquisition and development of domestic oil fields. Since going public in 2010, Torchlight has established itself in four separate regions across the mid-continent, focusing on liquids production from proven areas. Rather than explore, the company uses its geologic