Post Tagged with: "corporation"

A Look at Activity in the Permian from Three Players’ Perspectives

A Look at Activity in the Permian from Three Players’ Perspectives

Oil & Gas 360® takes a look at three companies with operations in the Permian:

  • Halcón Resources Company (ticker: HK)
  • Approach Resources Company (ticker: AREX)
  • Apache Corporation (ticker: APA)

Halcón Resources

Production for the first quarter of 2018 averaged 10,967 …

Apache Corp., Strategic Oil & Gas Announce Executive Changes

Apache Corp., Strategic Oil & Gas Announce Executive Changes

Apache Corporation (ticker: APA) said that the EVP of corporate reservoir engineering, Kregg Olson, plans to retire on August 1, 2018.

Apache CEO and President John J. Christmann IV said, “Kregg’s expertise and leadership have been a tremendous asset to …

Venado and KKR Add Another Cog for $765 Million

Venado and KKR Add Another Cog for $765 Million

Venado Oil and Gas, LLC and KKR will acquire the operated and non-operated Eagle Ford assets of Cabot Oil & Gas Corporation (ticker: COG) for a purchase price of $765 million.

Venado and KKR acquired interests which include approximately 303 …

David Pursell

Apache Names TPH Alum as Head of Planning and Energy Fundamentals

Apache Corporation (ticker: APA) has named David Pursell as SVP of planning and energy fundamentals, effective March 12, 2018.

“I am pleased to welcome Dave to Apache’s executive management team. Dave’s skills, expertise and capabilities will further enhance our robust …

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 …

Goodrich Petroleum Closes Sale, Reports Q4

Goodrich Petroleum Closes Sale, Reports Q4

In its Q4/year-end release, Goodrich Petroleum Corporation (ticker: GDP) said it has recently closed on the sale of certain production, facilities, infrastructure and a portion of its acreage in the Angelina River Trend to BP America Production Company. Goodrich said …

Eclipse Resources Plans 33 Super Laterals for 2018

Eclipse Resources Plans 33 Super Laterals for 2018

Eclipse Resources Corporation (ticker: ECR) had a net income for 2017 of $8.5 million, or $0.03 per share. For reference, the company had a net loss of $206.7 million, or $(0.86) per share for 2016.

The fourth quarter of 2017 …

EQT Splits Upstream and Midstream Businesses

EQT Splits Upstream and Midstream Businesses

Tax-free separation creates two Appalachian-based energy companies

EQT Corporation (ticker: EQT) has approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to …

Energen Approaches 100 MBOEPD

Energen Approaches 100 MBOEPD

Energen Corporation (ticker: EGN) released financial and operating results for the fourth quarter and calendar year ended December 31, 2017.

“Over the last five years, the board and management have strategically divested non-core assets and transformed Energen into a low-cost …

Laredo Petroleum Announces Management Moves

Laredo Petroleum Announces Management Moves

Laredo Petroleum, Inc. (ticker: LPI) announced this week that Patrick J. Curth, senior VP of exploration and land, will transition to a senior advisor role in anticipation of his retirement in March 2019.

VP of Exploration and Geosciences Technology James …