Appraisal program to be completed by mid-2019 Talos Energy Inc. (ticker: TALO) said the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH), has approved the appraisal plan for the Zama discovery, and CNH is currently reviewing the application for drilling permits. The appraisal plan includes three new reservoir penetrations. This is a key approval required for Talos to
Hess Corporation (ticker: HES) reported a net loss of $2.677 billion, ($8.57) per share, in the fourth quarter of 2017. For reference, the company had a net loss of $4.892 billion in the fourth quarter of 2016. Fourth quarter 2017 results reflect net after-tax charges totaling $2.373 billion, including a non-cash accounting charge of $1.7 billion, the company said. This
Anadarko Deepwater GOM cash flow will fund Delaware, DJ growth In exchange for production of 80,000 net barrels of oil equivalent per day (BOEPD), Anadarko Petroleum (ticker: APC) will give Freeport McMoRan Oil & Gas Company (ticker: FCX) $2 billon in a deal that Anadarko calculates could deliver $3 billion of incremental free cash flow over the next five years to Anadarko
