Regulatory – Page 81 – Oil & Gas 360

Dawson Geophysical Reports Fiscal Third Quarter And Nine Month 2013 Results

August 6, 2013

Company Reports an Increase in Third Quarter Net Income And EBITDA over Comparative 2012 Quarter Dawson Geophysical Company (DWSN) today reported revenues of $75,647,000 for the third quarter-ended June 30, 2013, compared to revenues of $68,348,000 for the same quarter in fiscal 2012. Net income increased to $4,063,000, or $0.50 per share attributable to common stock, in the third quarter of

Colorado Environmental Regulation Changes On the Horizon?

July 9, 2013

A change to the way oil and gas pollution is regulated is the next big step for the Colorado Department of Public Health and Environment. CDPHE is moving forward to adopt EPA’s air pollution rules. In 2012, EPA set new standards in accordance with cost effective ways of reducing emissions. The Denver Post reported that the need for an overhaul

When Will the Keystone Pipeline Become a Necessity?

July 9, 2013

In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’ According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will be eventually needed if Canadian oil sands growth continues as projected. “While Keystone isn’t needed today or arguably even in

Countries Unanimously Agree on Gas-pricing System at Second Gas Summit of Gas Exporting Countries Forum

July 3, 2013

Russian leader, Vladimir Putin, has been dipping his toes in to a lot of pools lately. Between his position on possibly allowing Edward Snowden to seek asylum in Russia and his hosting of the second Gas Summit of the Gas Exporting Countries Forum (GECF) in Moscow July 1, 2013 – it’s amazing that he’s keeping the snow separated from the

Let’s Work For America, Not Against It; Climate Change Speech Positive for Natural Gas

June 26, 2013

President Barack Obama’s first climate change speech of his second term focused on three main points: cutting carbon pollution in America, preparing the U.S. for the impacts of climate change, and leading international efforts to combat global climate change. Our key takeaway from the president’s speech was natural gas is cited as a “critical bridge fuel” – and rightfully so.

PetroQuest Energy Announces First Quarter 2013 Results And Provides Operations And Hedging Update

May 7, 2013

PetroQuest Energy, Inc. (PQ) announced today that the Company recorded net income available to common stockholders for the quarter ended March 31, 2013 of $2,607,000, or $0.04 per share, compared to first quarter 2012 net loss to common stockholders of $18,608,000, or $0.30 per share. The 2012 period included a non-cash ceiling test impairment of $20,111,000. Discretionary cash flow for

Dawson Geophysical Reports Fiscal Second Quarter And Six-Month 2013 Results

May 7, 2013

Company Generates a 16 and 21 Percent Increase in EBITDA for the Second Quarter and Six Month Period, Respectively Dawson Geophysical Company (DWSN) today reported results for the quarter-ended March 31, 2013, the Company’s second quarter of fiscal 2013. Second Quarter and Six Month Highlights EBITDA for the quarter-ended March 31, 2013 increased to $20,314,000 compared to $17,520,000 for the same

Natural Gas Roundup (Week Ended 4/19/13)

April 25, 2013

NATURAL GAS INVENTORY Current: 1,734 Bcf Actual Injection/(Withdrawal): 30 Bcf Economist Average Estimate: 32 Bcf Previous: 1,704 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Pressure Mounts on US to Export Natural Gas – CNBC As the U.S. produces more of its own energy, pressure is mounting on the federal government to move

Quicksilver Announces Sale to Tokyo Gas of 25% Interest in Barnett Shale Assets

March 29, 2013

FORT WORTH, Texas, March 29, 2013 (GLOBE NEWSWIRE) — Quicksilver Resources Inc. (KWK) announced today that it has executed an agreement to sell an undivided 25% interest in its Barnett Shale oil and gas assets for US$485 million to TG Barnett Resources LP, a wholly-owned U.S. subsidiary of Tokyo Gas Co., Ltd. Quicksilver will remain as operator of the assets.

Emerald Oil, Inc. Reports Financial and Operational Results for Its Fourth Quarter Ended December 31, 2012

March 13, 2013

Emerald Oil, Inc. (ticker: EOX) announces record oil production for the fourth quarter ended December 31, 2012. Emerald plans to file its annual report on Form 10-K with the U.S. Securities and Exchange Commission by Monday, March 18, or earlier. Fourth Quarter 2012 Highlights Emerald has successfully drilled 3 operated Bakken wells to date in McKenzie County, North Dakota, that

Miller Energy Resources Reports Third Quarter 2013 Results

March 12, 2013

Successfully Completed Reworks on Additional Wells in Alaska Miller Energy Resources, Inc. (ticker : MILL) today announced results for the three and nine months ended January 31, 2013. Third Quarter Results Total revenues for the three months ended January 31, 2013 were $8.0 million compared to $8.4 million in the three months ended January 31, 2012. Total production for the three

Production on Federal and Non-Federal Leases – Behind the Political Rhetoric

March 8, 2013

It was only a few short months ago when our presidential candidates were bantering on the political stage about oil and natural gas production growth in the U.S. After all, from 2009 to 2012, U.S. crude oil production increased 29% to 6.2 MMBOPD and natural gas production increased 11% to 65.5 Bcf/d. But – was the growth because of, or

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