Enerplus (ticker: ERF) is an independent exploration and production company with a concentrated portfolio of oil and natural gas assets both in Canada and the United States. The company’s operations include high growth opportunities in the Bakken/Three Forks, as well as stable, low decline crude oil production from a variety of crude oil waterflood properties across Western Canada. The company’s
PetroQuest Energy: $193MM Acquisition Grows Production 27%; Company to Accelerate Its Onshore Liquids-Rich Drilling Programs PetroQuest Energy, Inc. (NYSE: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in East Texas, Arkoma Basin, South Louisiana and the shallow waters of the Gulf of Mexico. On June 19, 2013, the
QEP Resources, Inc. (ticker: QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily in the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, Louisiana, and the Texas Panhandle) of the United States. QEP Resources also gathers, compresses, treats, processes and stores natural gas. On
Sanchez Energy Corp. (ticker: SN) is as a fast growing independent oil and gas company targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone plays. The company’s recent Cotulla acquisition back in March 2013 meaningfully expanded SN’s Eagle Ford inventory translating into greater production and reserve growth and increased capital spending. A Recap of the Cotulla
Freeport-McMoRan Copper & Gold Inc. (FCX) and Plains Exploration & Production Company (PXP) today announced that the shareholders of PXP approved FCX’s acquisition of PXP at a special meeting held today. A majority of the outstanding shares approved the transaction. The transaction is anticipated to close on May 31, 2013. Following completion of the transaction, there are expected to be
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
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
ERHC Energy Inc. (ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over eighteen months to two years, ERHC has acquired additional exploration blocks in Chad and Kenya to complement its existing offshore blocks in the Joint Development Zone offshore São Tome and Principé. On May 6, 2013, an important announcement was made regarding ERHC’s
BPZ Energy (ticker: BPZ) is exploring and producing from licensed contracts covering approximately 2.2 million gross acres in four properties in northwest Peru. One short year ago, a strategic inflection point for BPZ Energy was identified by OAG360. BPZ announced a long-awaited joint venture with Pacific Rubiales Energy Corp. (ticker: PRE:CA) for the development of BPZ’s offshore Block Z-1. Pacific
CAMAC Energy Inc. (ticker: CAK) is a Houston-headquartered oil and natural gas company exploring the vast onshore and offshore basins of East and West Africa. Offshore Nigeria, CAK currently produces from the Oyo Oilfield on block OML 120 with additional prospects on block OML 121. Production from Oyo generates cash for reinvestment in CAK’s other exploration and development programs offshore Nigeria,
Forest Oil Corporation (ticker: FST) is engaged in the acquisition, exploration, development, and production of natural gas and liquids in the United States and selected international locations. Forest’s estimated proved reserves and producing properties are located in the United States in Arkansas, Louisiana, Oklahoma, Texas, Utah, and Wyoming. The company today provided an update on its Eagle Ford Shale drilling
EnerCom, Inc. traveled with John Moore, CEO of Acorn Energy (ticker: ACFN) to meet with investors in Dallas on April 9, 2013. Acorn Energy, Inc. is a holding company whose four portfolio companies help customers achieve greater productivity, reliability, security, and efficiency—factors which can lead to greater profitability. GridSense provides monitoring for all critical points along the electricity delivery system.
