Chairman and CEO John Schiller appeared on Bloomberg Television to discuss his company’s 2010 purchase of $1B worth of ExxonMobil properties, as well as the nation’s chance at becoming energy independent.
CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/28/12) Current: 364,698 Actual Build/(Withdrawal): (482) Economist Average Estimate: 1,486 Previous: 365,180 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Presidential debate could shed light on energy issues – Politico Wednesday’s presidential debate offers one of the final chances to pin down the candidates on the energy issues
Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Brent and WTI – Which Way are They Headed? CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/21/12) Current: 365,180 Actual Injection/(Withdrawal): (2,446) Economist Average Estimate: 882 Previous: 367,626 Click here for the chart with five
Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Look Out Below! Crude Oil Plunges. CRUDE OIL INVENTORY/000 bbls (Week Ended 9/14/12) Current: 367,626 Actual Injection/(Withdrawal): 8,534 Economist Average Estimate: 433 Previous: 359,092 Click here for the chart with five year averages. CRUDE
Oil – The Global Commodity Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Oil – The Global Commodity. CRUDE OIL INVENTORY/000 BBLs (Week Ended 9/07/12) Current: 359,092 Actual Injection/(Withdrawal): 1,994 Economist Average Estimate: (2,268) Previous: 357,098 Click here for the chart with
Harvest Natural Resources (ticker: HNR) announced that it had commenced drilling the Ruche Marin-A exploration well located in 380 feet of water offshore Gabon, West Africa. The well is highly anticipated because it will test multiple stacked pre-salt targets offshore West Africa. The exploration well will be drilled with the Transocean Sedneth 701 semi-submersible drilling unit to a planned total
Harvest Natural Resources’ (ticker: HNR) exploration projects around the world took one step closer to coming to fruition. The company greatly de-risked its Budong-Budong exploration project in Indonesia, and successfully drilled a horizontal well in an untested Venezuelan field. In Indonesia, Harvest drilled the Lariang LG-1 exploration well (64.4% WI) on the Budong Budong Block PSC to 5,311 feet with
On March 2, 2011, Harvest Natural Resources (ticker: HNR) announced an increase in reserves for both its U.S. and Venezuela operations and provided an operations update. HNR’s total proved reserves for 2010 increased 17% to 54.6 million barrels of oil equivalent (MMBOE), and its 2P reserves increased 42% to 118.9 MMBOE. Uintah Basin, Utah Reserves Highlights (Reserves numbers below are
