Monday, July 27, 2026
Buccaneer Energy reports production growth at East Texas Pine Mills field- oil and gas 360

Buccaneer Energy reports production growth at East Texas Pine Mills field

(World Oil) – Buccaneer Energy reported continued production growth at its Pine Mills field in East Texas, where average net production has increased to approximately 135 bopd as the company advances enhanced recovery projects and prepares to launch a waterflood later this year. The company said production at Pine Mills has more than doubled since its current management team took over in mid-2024, when

PetroQuest: Two Cotton Valley Wells Completed

PetroQuest Energy, Inc. (ticker: PQ) has new results from its horizontal Cotton Valley drilling program in East Texas. The company recently completed two wells (PQ #29 – 52% NRI and PQ #30 – 59% NRI) which established a cumulative maximum 24-hour gross daily rate of 18,385 Mcf of gas, 1,354 barrels of NGLs and 55 barrels of oil, for an

PetroQuest Translating Cash Flow Growth into Production Growth

Between its East Texas and Gulf of Mexico assets, PetroQuest (ticker: PQ) produced 5.225 Bcfe during Q1, 2017 at an average rate of approximately 58 Mmcfe per day. The company’s 2016 reserves value was reported at approximately 115 Bcfe, 72% of which was located in the East Texas assets and the other 28% in the Gulf Coast assets. PetroQuest expects

GMX Resources Announces Proposed Sale of Cotton Valley Sand Assets

GMX Resources (ticker: GMXR) is an oil and natural gas exploration and production company targeting oil prospects in the Williston Basin Bakken/Three Forks, and the DJ Basin Niobrara. GMXR also operates in the Haynesville/Bossier Formation and the Cotton Valley Sand Formation in the East Texas Basin. On July 17, 2012, GMXR proposed a sale of a portion of its Cotton