Post Tagged with: "exploration"

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

From Bloomberg


Hildebrand gained fortune buying old, conventional oil assets, bet may be timely as investors begin to sour on shale

Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, …

Source: Angkor Gold Corp.

Angkor Subsidiary Receives Approval for Cambodian Oil and Gas Concession

By Tyler Losier, Energy Reporter, Oil & Gas 360

EnerCam Resources receives approval from the Royal Government of Cambodia to develop Petroleum Block VIII
EnerCam Resources Co. Ltd., a subsidiary of Canadian mineral company Angkor Gold Corp. (stock ticker: ANK:CA,

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 …

Eni Wins Bid for Exploration Off Argentinean Coast

Eni Wins Bid for Exploration Off Argentinean Coast

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Italian supermajor will have 80% stake
Argentinian authorities awarded an Eni-led consortium the exploration license for block MLO 124, located approximately 100 kilometers off the coast of Tierra del Fuego

Denbury Resources Plans $300 Million 2018 CapEx

Denbury Resources Plans $300 Million 2018 CapEx

Denbury Resources Inc. (ticker: DNR) released its preliminary year-end 2017 proved reserves, production and capital expenditures, along with its 2018 capital budget and estimated annual production.

Preliminary Q4 2017/annual production

Denbury’s production averaged 61,144 BOEPD (97% oil) during the fourth …

Exxon Mobil and Hess Corp. Announce World-Class Oil Discovery

Exxon Mobil and Hess Corp. Announce World-Class Oil Discovery

The equivalent of 1,400 Gulf of Mexico Blocks: Tillerson

Exxon Mobil (ticker: XOM) and Hess Corp. (ticker: HES) announced initial results from the Liza-2 exploration well in the Stabroek block of offshore Guyana.

This announcement follow the success of the …

Oil and Gas Discoveries to Date in 2015

Oil and Gas Discoveries to Date in 2015

“If I had to do it over again I would do the same thing. I love the chase. The thrill of exploration.”

Bill Barrett, IPAMS 1993 Wildcatter of the Year, 2003 Hall of Fame Inductee

Oil and gas exploration …

TOP MINDS IN THE BUSINESS:  Bill Barrett Discusses Wildcatting, Finding Prospects, Down Cycle Opportunities and Company Building in a Downturn

TOP MINDS IN THE BUSINESS: Bill Barrett Discusses Wildcatting, Finding Prospects, Down Cycle Opportunities and Company Building in a Downturn

In Part I of this exclusive interview for Oil & Gas 360®’s “Top Minds in the Business” series, legendary oil man Bill Barrett shares his views about wildcatting, his history as a successful wildcatter in the Rocky Mountains and what

March 5, 2015 - 7:15 pm Oil and Gas 360 Articles, Straight Answers, Top Minds

New EE3 North Park Basin Niobrara Well Averages 685 BOEPD Over 30 Days

EE3 LLC is an independent oil and gas exploration and production company headquartered in Boulder, Colorado. The company has amassed more than 100,000 net acres in the North Park Basin (Jackson County, Colorado) to prove up a new horizontal Niobrara …

December 10, 2013 - 10:59 am Oil and Gas 360 Articles
Unit Corporation’s Reserve Base and Midstream Productivity Highlight 2013 Analyst Day

Unit Corporation’s Reserve Base and Midstream Productivity Highlight 2013 Analyst Day

Unit Corporation (ticker: UNT) is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and …

December 6, 2013 - 4:54 pm Fracing, Midstream, Oil and Gas 360 Articles
ERHC Energy Inc. Signs Letter of Intent to Farm-Out a Portion of Its Interest in Kenya Exploration Block

ERHC Energy Inc. Signs Letter of Intent to Farm-Out a Portion of Its Interest in Kenya Exploration Block

ERHC Energy Inc. (ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over eighteen months to two years, ERHC has acquired additional exploration blocks in Chad and Kenya to complement its existing offshore blocks …

Progress Report: BPZ Energy Joint Venture with Pacific Rubiales in Peru

BPZ Energy (ticker: BPZ) is exploring and producing from licensed contracts covering approximately 2.2 million gross acres in four properties in northwest Peru. One short year ago, a strategic inflection point for BPZ Energy was identified by OAG360. BPZ announced

April 16, 2013 - 4:22 pm Mergers & Acquisitions, Oil and Gas 360 Articles
ERHC Energy Receives Shareholder Approval for Capital Raise to Fund African Exploration Initiatives

ERHC Energy Receives Shareholder Approval for Capital Raise to Fund African Exploration Initiatives

A recommendation to increase the number of any company’s authorized shares of common stock from 950 million shares to three billion shares would make anyone read the fine print.

Back in August, ERHC Energy Inc. (ERHE), a publicly traded American …

October 11, 2012 - 7:38 pm Finance, Oil and Gas 360 Articles

A View on Offshore Namibia Exploration

Paul Welch, Chief Executive Officer – Chariot Oil & Gas (OIGLF)



Paul has extensive oil and gas industry experience having worked for Shell International for 12 years, followed by a further eleven years with independent companies, most recently with Hunt …

September 14, 2012 - 3:40 pm Offshore, Oil and Gas 360 Articles

Unit Corporation Reports Q1'12 Results; All Three Segments Focused on Oil and Liquids Growth

Unit Corporation (NYSE: UNT) is a diversified oil and gas company engaged in the exploration and production of oil and natural gas, contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. UNT …

May 3, 2012 - 4:23 pm Midstream, Oil and Gas 360 Articles
UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

On February 21, 2012 Unit Corporation (NYSE: UNT) announced financial results for Q4 and year-end 2011. For Q4’11, the company reported net income of $51.7 million, or $1.08 per diluted share, as compared to Q4’10 net income of $43.7 million, …

February 21, 2012 - 4:29 pm Earnings, Midstream, Oil and Gas 360 Articles

PetroQuest Grows Proved Reserves to Company Record Levels; New Plays Offer Liquids Potential During 2012

PetroQuest Energy, Inc. (NYSE: PQ) announced its estimated proved reserves and production volumes for the full-year 2011.

During 2011, PQ grew its proved reserves 37% YOY to 265 Bcfe (61% proved developed) and reported its PV-10 is approximately $341.3 million. …

January 31, 2012 - 4:08 pm Oil and Gas 360 Articles