Exploration & Production (E&P) – Page 491

Flotek Industries Presenting at EnerCom Dallas Feb. 21-22, 2018

January 12, 2018

Flotek Industries (ticker: FTK), with headquarters in Houston, Texas, develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to global clients in the energy, consumer industrials and food & beverage industries. Highlights from Flotek’s Energy Chemistry Technologies include: Segment revenues decreased 7.1% sequentially to $61.2 million, and increased 35.8% year-over-year. Global Complex nano-Fluid® (CnF®) volumes and revenue declined 12.9% and 11.2%,

EnerCom Dallas Conference Presenter: Earthstone Energy, Inc.

January 12, 2018

Earthstone Energy, Inc. (ticker: ESTE) will present at the EnerCom Dallas investment conference Feb. 21-22, 2018 at the Tower Club in downtown Dallas. Earthstone Energy is an independent company that develops and operates oil and gas properties primarily in the Midland Basin of West Texas, the Eagle Ford trend of south Texas and the Williston Basin of North Dakota. The

International E&Ps to Present at EnerCom Dallas Oil & Gas Investment Conference Feb. 21-22, 2018

January 11, 2018

Oil industry senior management teams will discuss 2018 operations at the EnerCom Dallas investment conference Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas investment conference, which is coming to The Tower Club Feb. 21-22, in the Thanksgiving Tower in the downtown Dallas. Presenting

Comstock Resources Presenting at EnerCom Dallas Feb. 21-22, 2018

January 11, 2018

Comstock Resources (ticker: CRK), based in Frisco, Texas is in the business of acquisition, development, production and exploration for natural gas and oil with operations concentrated in Texas and Louisiana. Comstock’s primary acreage blocks are in the Haynesville shale and the Eagle Ford shale, representing approximately 800 drilling locations. Comstock’s 2018 drilling program will target ~30% growth within operating

Surge Energy Presenting at EnerCom Dallas Feb. 21-22, 2018

January 11, 2018

Surge Energy Inc. (ticker: SGY) is a Canadian oil-focused E&P company that has production from assets in the Montney, Duvernay and Viking plays in Alberta and Saskatchewan. SGY Areas of Operation and Production, Jan. 2018 SGY had a total average production of 14,670 BOEPD in 2017, with 15,007 BOEPD in Q3 2017. In 2018, Surge projects an average of

FIRST BITCOIN CAPITAL CORP Receives First Payment Under Blockchain-Based Supply Chain Management Application Development Contract

January 11, 2018

FIRST BITCOIN CAPITAL CORP Receives First Payment Under Blockchain-Based Supply Chain Management Application Development Contract

Spartan Energy Announces $183 Million 2018 CapEx

January 11, 2018

Spartan Energy Corp. (ticker: SPE) has approved a development capital budget of $183 million for 2018. Spartan said the capital budget includes drilling approximately 140 net development oil wells. The wells should produce an annual average production of 23,400 BOEPD and a 2018 exit production of 25,000 BOEPD, an exit production growth of 11% over 2017. Assuming a WTI price

International Frontier Resources Receives Mexican Drilling Permit

January 11, 2018

International Frontier Resources Corporation (ticker: IFR) has received a drilling permit for its onshore oil and gas block, Tecolutla, with its Mexican JV, Tonalli Energia. Tonalli was granted the right to operate, develop and produce hydrocarbons at Tecolutla through a licensing contract with the Mexican government. The Tecolutla block was awarded to Tonalli as part of the first round and

GeoPark Issues Operational Update

January 10, 2018

GeoPark Limited (ticker: GPRK), an independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Brazil, Argentina, Chile and Peru, issued an operational update. GeoPark’s 2018 work program and budget is $100-$110 million. The company is targeting the drilling of 30-plus wells, representing a 15-20% production increase over 2017 average levels. The projects

Crescent Point Energy Looks to Exit 2018 with 195,000 BOEPD

January 10, 2018

Uinta HZ inventory climbs to 850 net locations Crescent Point Energy Corp. (ticker: CPG) expects to generate annual average production of 183,500 BOEPD and exit production of 195,000 BOEPD in 2018. The increase will be fueled from its $1.8 billion CapEx spending budget for 2018. Crescent Point had a 2017 exit rate of 183,000 BOEPD, which represented year-over-year production growth

Ring Energy Releases Permian Update

January 10, 2018

Ring Energy, Inc. (ticker: REI) released its operations update for the fourth quarter of 2017. In the three months ended December 31, 2017, on its central basin platform asset (CBP), Ring drilled 19 new horizontal San Andres wells and was in the process of drilling number 20 at the end of the quarter. In the fourth quarter, Ring completed, tested

SM Energy Sells 112,200 Acres for $500 Million

January 10, 2018

Unloads PRB, increasing concentration on Midland and Eagle Ford SM Energy Company (ticker: SM) said that it entered into a definitive agreement to sell a majority of the company’s Powder River basin assets for a cash purchase price of $500 million. The buyer was undisclosed. President and CEO Jay Ottoson said, “Divestiture of these assets is consistent with our strategy

Premium Content