Post Tagged with: "E&P"

SandRidge Energy announces a series of initiatives to improve shareholder value

SandRidge Energy announces a series of initiatives to improve shareholder value

Oil and Gas 360


OKLAHOMA CITYDec. 13, 2019 – SandRidge Energy, Inc. (“SandRidge” or the “Company”) (NYSE: SD) today announced it has initiated a series of actions designed to improve shareholder value:

 

SandRidge Energy announces a series of initiatives to improve shareholder value- oil and gas 360

-Evaluation of minimal 2020 capex

Casillas Petroleum Resource Partners and Energy Water Services Form New Midstream Company

Casillas Petroleum Resource Partners and Energy Water Services Form New Midstream Company

By Tyler Losier, Energy Reporter, Oil & Gas 360

Casillas Petroleum Resource Partners and Energy Water Services team up to form Woody Creek Midstream
Casillas Petroleum Resource Partners LLC, a portfolio company of Kayne Anderson Energy Funds, and Energy Water

Source: Comstock Resources

Ronald Mills Appointed VP of Finance and Investor Relations at Comstock Resources

By Tyler Losier, Energy Reporter, Oil & Gas 360

Comstock Resources appoints Johnson & Rice alum Ronald Mills as its new VP of finance and investor relations
Comstock Resources Inc. (stock ticker: CRK), an independent E&P based out of Frisco,

Source: Gulfport Energy

New CFO at Gulfport Energy

By Tyler Losier, Energy Reporter, Oil & Gas 360

Quentin R. Hicks joins Gulfport Energy as executive vice president and CFO
Gulfport Energy Corporation (stock ticker: GPOR), an independent E&P based out of Oklahoma City, has hired Quentin R. Hicks

Halliburton Lands Nine Contracts for Offshore Project in West Africa

Halliburton Lands Nine Contracts for Offshore Project in West Africa

From The Houston Chronicle


Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa.

Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as …

Source: QEP Resources

QEP and Elliot Management Enter into Cooperation Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

QEP Resources and Elliot Management will work together to appoint two new independent directors
QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with

Northern Oil and Gas Founder to Depart

Northern Oil and Gas Founder to Depart

By Tyler Losier, Energy Reporter, Oil & Gas 360

Michael Reger, Northern Oil and Gas president and founder, will leave the company amicably
Northern Oil & Gas (stock ticker: NOG), a non-operating E&P, has announced that Michael Reger, its president,

Harvest Oil & Gas Divests Barnett Shale

Harvest Oil & Gas Divests Barnett Shale

By Tyler Losier, Energy Reporter, Oil & Gas 360

Harvest Oil & Gas sells Barnett shale assets for $72 million
Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with

Source: Wintershall Dea

Total Plans $5 Billion of Asset Sales to Future-Proof Business

From Reuters


French energy giant Total (TOTF.PA) will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on …

Bam! – It’s Earnings Season Again

Bam! – It’s Earnings Season Again

By Aaron Vandeford, Managing Director, EnerCom

EnerCom, Inc. has compiled Second quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 95 E&P and 73 Oilfield Service companies in the EnerCom database.

Download EnerCom’s full

Oil Law – Contract Language Outweighs Industry Custom in Farmout Case: Texas Supreme Court

Oil Law – Contract Language Outweighs Industry Custom in Farmout Case: Texas Supreme Court

From the Houston Chronicle

The Supreme Court of Texas ruled that the plain language of a contract outweighs industry custom in an oil drilling case involving Carrizo Oil & Gas

AUSTIN – The Texas Supreme Court continued its deference to …

July 8, 2019 - 5:18 am Closing Bell Story‎, Energy News, Law
Finding Costs Drop to 10-Year Low

Finding Costs Drop to 10-Year Low

By Tyler Losier, Energy Reporter, Oil & Gas 360

Top 116 E&Ps’ resource bases at 10-year high
Last year, the 116 largest public exploration and production companies in the world reported adding more hydrocarbons to their resource base than in

Shell Starts Production at Appomattox

Shell Starts Production at Appomattox

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Deeper water targets available with new Gulf of Mexico platform
Royal Dutch Shell plc (stock ticker: RDS.A), through its subsidiary Shell Offshore Inc., brought its Appomattox floating production system online

Source: Cureton Midstream

Cureton Midstream Forms Commercial Agreement with Six DJ Basin Producers

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Increased Gas Processing Capabilities in Weld County
Cureton Midstream, LLC, a Denver-based company founded in 2016, signed a commercial agreement this Tuesday with six unnamed E&P’s in the DJ Basin.

Private Equity Firm and Houston Non-Op Join Forces on Deepwater GOM Exploration Program

Private Equity Firm and Houston Non-Op Join Forces on Deepwater GOM Exploration Program

Another private equity - E&P exploration program
Private non-op Houston Energy, L.P. announced that it has entered into a strategic agreement with a private equity firm for deepwater Gulf of Mexico non-operated exploration projects.

Houston Energy Co-Founder and Co-O Ron

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

EnerCom Dallas E&Ps are positioned for whatever 2019 offers up

The 2019 EnerCom Dallas oil and gas investor conference, which is taking place 48 stories above the streets of downtown Dallas this week, presented oil and gas producers and institutional

Oil & Gas Bankruptcies Slow in 2018, but E&Ps Continue to Fold

Oil & Gas Bankruptcies Slow in 2018, but E&Ps Continue to Fold

E&P companies account for 67% of 2018 bankruptcies
Energy attorneys Haynes and Boone have released the firm’s updated list of oil and gas bankruptcies, detailing how the continuing downcycle has affected companies.

While oil prices were robust for much of

The Oil & Gas Story in 2018 was Written by Strong Oil Prices

The Oil & Gas Story in 2018 was Written by Strong Oil Prices

Oil prices above breakeven for three quarters of the year positive for drillers

On the whole, 2018 produced good news for U.S. oil and gas companies, at least through the first three quarters of the year. Prices were above …

Chevron Names President of Chevron North America Exploration and Production

Chevron Names President of Chevron North America Exploration and Production

Steven W. Green Named President of Chevron North America Exploration and Production

November 6, 2018 - 11:00 am Closing Bell Story‎, People, Press Releases
Oil & Gas Sector Needs More Consolidation to Capture Synergy, Value: Lawler, Industry Execs

Oil & Gas Sector Needs More Consolidation to Capture Synergy, Value: Lawler, Industry Execs

From S&P Global Platts

Too many small, mid-sized companies

Oilfield services needs more consolidation

Services subsector still not making suitable profits

Houston — Consolidation through the oil and gas sector is heating up, spurred in many cases by too many …

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Both sides of 112 are advertising on Spotify as ballots are being delivered
The advertising messages to vote ‘No on Prop 112’ are everywhere you look and listen on Denver area TV and radio.

The stakes are high for the

Energy XXI Updates Merger

Energy XXI Updates Merger

Energy XXI Gulf Coast Provides Update on Merger With Affiliates of Cox Oil LLC

October 11, 2018 - 6:45 am Closing Bell Story‎, Press Releases
New Peer Group Benchmarking for Oil & Gas Management Teams, Banks, Investors

New Peer Group Benchmarking for Oil & Gas Management Teams, Banks, Investors

EnerCom has released a new oil and gas specific benchmarking product that allows management teams, energy bankers, CIOs and investing institutions to easily compare their company’s or a target company’s performance metrics against a hand-selected group of peer companies of …

October 1, 2018 - 3:35 pm Closing Bell Story‎
Exclusive Interview: Jim Park, CEO & Director of GeoPark

Exclusive Interview: Jim Park, CEO & Director of GeoPark

At the 2018 The Oil & Gas Conference®, Jim Park, CEO and director of South American E&P GeoPark (ticker: GPRK), was interviewed by EnerCom’s Angie Austin.

Park has worked in all phases of the upstream oil and gas business with …

Talos Energy Updates Production Guidance

Talos Energy Updates Production Guidance

Houston-based Gulf of Mexico producer Talos Energy Inc. (ticker: TALO) outlined the company’s strategy today in a new update.

The company projects 2018 pro forma production sales volumes of 18 – 19.5 MMBOE, or an average daily production 49 – …

Warburg Pincus Invests $138 Million in Canadian E&P

Warburg Pincus Invests $138 Million in Canadian E&P

Calgary-based E&P Artis Exploration Ltd. closed a CDN$180 million (USD$138 million) growth equity investment from Warburg Pincus.

Founded in 2015, Artis is focused on the Duvernay East Shale Basin of Western Canada, where the company holds a contiguous acreage position …

Multi-Basin Contango Pushes Permian Action – Looking for Eight More Southern Del Wells

Multi-Basin Contango Pushes Permian Action – Looking for Eight More Southern Del Wells

Contango Oil & Gas Company (ticker: MCF) posted a net income of $0.9 million, or $0.04 per share for Q1 2018. Production for the first quarter of 2018 was approximately 4.5 Bcfe, or 50.0 MMcfe/d.

President and CEO Allan D. …

Weatherford Ramps Up Cost Savings Plan

Weatherford Ramps Up Cost Savings Plan

Weatherford International plc (ticker: WFT) reported a net loss of $245 million, or a loss of $(0.25) per share for the first quarter of 2018.

Weatherford President and CEO Mark A. McCollum said, “The goals we have set forth for …

GeoPark Production Moves to 35 MBOEPD

GeoPark Production Moves to 35 MBOEPD

Latin American E&P operator GeoPark Limited (ticker: GPRK) released a production update today, noting that current production is currently at 35 MBOEPD. This figure includes production from the recent Argentina acquisition.

  • Oil production increased by 33% to 27,345 BOPD (up
E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

Debt involved in oil and gas company bankruptcies since 2015 totals $90 billion

International corporate law firm Haynes and Boone has tracked 144 North American oil and gas producers that have filed for bankruptcy since the beginning of 2015.

E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

These …