Sunday, July 27, 2025

Hess Corporation Sells Indonesian Assets for $1.3 Billion as Right-Sizing Project Continues

Hess Corporation (ticker: HES) is a leading global independent energy company engaged in the global exploration and production of crude oil and natural gas.  The company is currently shedding assets in 2013 to become a pure-play E&P company. On December 2, 2013, Hess Corp. announced the sale of its Pangkah and Natuna A assets offshore Indonesia for a total after-tax

Trust, Yet Verify: Long-Term Oil Markets Not Expected to be affected by Iran Pact

On November 24, 2013, the United States and Iran reached a diplomatic accord in hopes of soothing tensions existing since the Carter administration. As part of the deal, Iran agreed to freeze its entire nuclear program in exchange for the U.S. to ease its trade restrictions. Relations between Iran and other nations have opened up since Dr. Hassan Rouhani took

Miller Energy Acquires Alaskan Unit; In Discussions to Construct Pipeline

Miller Energy Resources, Inc. (ticker: MILL) is an oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Miller’s focus is in Cook Inlet, Alaska and in the heart of Tennessee’s Appalachian Basin. Miller Adds 7 MMcf/d from Acquisition Cook Inlet Energy LLC (CIE), a subsidiary of Miller Energy Resources, announced

Penn Virginia: 2013 Analyst Day Highlights Value Proposition in 2014 and Beyond

Penn Virginia Corporation (ticker: PVA) is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions, including Texas, Oklahoma, Mississippi and Pennsylvania – however, the company expects its Eagle Ford (EF) operations to fuel its growth and transition to oil thru 2015. Analyst Day Highlights Value

SandRidge Energy: Resilient Mississippian Operations despite Waning Industry Interest

SandRidge Energy (ticker: SD) is an oil and natural gas company headquartered in Oklahoma City, Oklahoma, with its principal focus on exploration and production in the Mid-Continent, Permian Basin, Gulf of Mexico, West Texas Overthrust and Gulf Coast. The challenging and inconsistent geology in the Mississippian Lime has oil and gas operators split on the true resource potential of the

Chesapeake Energy Getting Oilier – Asset Sales Expected to Top $4 Billion by Year-End 2014

Chesapeake Energy Corporation (ticker: CHK) is the second-largest producer of natural gas and the 11th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional natural gas and oil assets onshore in the U.S. The company also

Callon Petroleum Reports Q3'13 Results; Completes Transition to Permian Operator

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin of West Texas. In 2009, Callon began a strategic initiative to diversify its operations onshore in an effort to reduce reinvestment risk and increase visible growth potential. Callon entered the Permian Basin of West Texas and since then

Sanchez Energy Produces Record Volumes during Q3’13

Sanchez Energy Corporation (ticker: SN) is a Houston, Texas, based growth oriented independent exploration and production company focused on the exploration, acquisition, and development of oil resources in the onshore U.S. Gulf Coast with a current focus on the liquids-rich Eagle Ford Shale, Austin Chalk, Buda Limestone, and Pearsall Shale. Sanchez Energy reported its Q3’13 results on November 7, 2013.

Emerald Oil Reports Q3’13 Results; Clear Path to Double Production during 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is focused on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. Recent Earnings Results The headline of Emerald Oil’s Q3’13 results on November 5, 2013 was the over-deliverance on production volumes. The company

Marcellus Production Continues to Grow; Infrastructure Build Out Progressing

The Marcellus Shale will produce a record 12.6 Bcf/d in November 2013, according to the Energy Information Administration’s (EIA) Drilling Productivity Report on October 22, 2013. If the Marcellus itself were a country, it would rank eighth in the world in natural gas production – and the growth is expected to continue Companies such as Cabot Oil & Gas (ticker: