Post Tagged with: "acreage"

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

By Tyler Losier, Energy Reporter, Oil & Gas 360

Alliance Resource Partners Acquires $145 million worth of Permian mineral interests from Wing Resources
Alliance Resource Partners L.P. (stock ticker: ARLP), a diversified natural resource company based in Tulsa, Oklahoma, has

Exxon Adds 7 Million Net Acres Offshore Namibia

Exxon Adds 7 Million Net Acres Offshore Namibia

Exploration activities to commence in 2019

ExxonMobil reported it will increase its exploration acreage in Namibia with the addition of approximately 7 million net acres (28,000 square kilometers) following the signing of an agreement with the government of Namibia and …

Proppant Company to Increase Capacity to 1 MM Tons by Mid-Year

Proppant Company to Increase Capacity to 1 MM Tons by Mid-Year

Select Sands delivered proppant by barge starting in Q4

Select Sands Corp. (ticker: SNS) reported full-year revenues of $15.1 million, with a gross profit of $2.9 million. However, the company had a full-year net loss of $1.6 million, or $(0.02) …

April 11, 2018 - 3:51 pm Closing Bell Story‎, Fracing, Oil and Gas 360 Articles
Rosehill Resources Drilling, Completing White Wolf in 2018

Rosehill Resources Drilling, Completing White Wolf in 2018

Rosehill Resources Inc. (ticker: ROSE) expects to drill 16 to 22 new wells in the White Wolf area in 2018 and expects to complete 12 to 16 of those wells. While most of these wells will have lateral lengths of …

Halcón Resources Keeps Expanding in 2017 and 2018

Halcón Resources Keeps Expanding in 2017 and 2018

Halcón Resources Corporation (ticker: HK) averaged 6,283 BOEPD in Q4 2017, comprised of 70% oil, 15% NGLs and 15% natural gas. The company generated total revenues of $25.3 million for the fourth quarter of 2017, but reported a net loss …

Laredo Petroleum Expects to be Operating within Cash Flow by YE2018

Laredo Petroleum Expects to be Operating within Cash Flow by YE2018

Laredo Petroleum, Inc. (ticker: LPI) has released its Q4 and full-year 2017 results. For the fourth quarter of 2017, the company reported net income attributable to common stockholders of $408.6 million, or $1.70 per diluted share – this included a …

Halcon Resources Snaps Up 22,617 Delaware Acres

Halcon Resources Snaps Up 22,617 Delaware Acres

Halcon Resources Corporation (ticker: HK) has recently entered into definitive agreements to acquire 22,617 net acres in Ward County, Texas for approximately $381 million.

The properties are currently producing ~1,325 BOEPD which equates to a purchase price of ~$14,674/acre (after …

Source: BBI

Blackbird Energy Glides Into 2018

Blackbird Energy Inc. (ticker: BBI) has provided an update regarding its operations. Blackbird’s total corporate January sales production averaged an estimated 1,978 BOEPD (58% liquids) for the 17 days the company was able to produce during the month.

Estimated sales …

Carrizo Divests a Portion of Eagle Ford Acreage

Carrizo Divests a Portion of Eagle Ford Acreage

Carrizo Oil & Gas, Inc. (ticker: CRZO) announced today that it entered into an agreement to divest a portion of its assets in the Eagle Ford shale for $245 million in cash.

The divested assets include approximately 24,500 net acres, …

Laredo Petroleum Bolts-On Acreage and Raises Equity

Laredo Petroleum Bolts-On Acreage and Raises Equity

Laredo Petroleum has entered into a purchase and sale agreement for additional acreage within the company’s existing Midland Basin footprint for $125 million. The acquisition will add approximately 9,200 net acres to Laredo’s position, with roughly 6,300 acres in the …

Antero Resources Snags 55,000 Core Marcellus Acres

Antero Resources Snags 55,000 Core Marcellus Acres

Antero Resources (ticker: AR) has signed an agreement with Southwestern Energy (ticker: SWN) to acquire approximately 55,000 net acres in the core of the Marcellus shale, the company announced on June 9, 2016. Approximately 75% of the 55,000 net …