Post Tagged with: "Extraction Oil & Gas"

Colorado Operators Discuss Energy Bill

Colorado Operators Discuss Energy Bill

By Richard Rostad, analyst, Oil & Gas 360

Colorado’s recent SB 181 overhauled the state’s permitting and regulatory process for oil and gas development.

Since the bill was passed and signed into law, oil and gas investors naturally have been

Courtesy of Extraction Oil & Gas, Inc.

Extraction Oil & Gas Ups Stock Repurchase Program

Extraction Oil & Gas, Inc. Announces Extension and Increase in its Stock Repurchase Program

Courtesy of Extraction Oil & Gas, Inc.

Contested Oil Wells in Colorado Suburb Clear Major Hurdle

From the Associated Press

DENVER (AP) — A fiercely contested oil and gas project in a residential neighborhood outside Denver cleared a major hurdle Tuesday when state regulators approved a request by an energy company to drill for reserves that …

March 13, 2019 - 4:45 pm Closing Bell Story‎, Energy News, Regulatory
Courtesy of Extraction Oil & Gas, Inc.

Extraction Shares See Best Day Since IPO

Stock up 19% on earnings
By Richard Rostad, analyst, Oil & Gas 360

Extraction Oil & Gas (ticker: XOG) announced fourth quarter results and reserves today, showing net income earnings of $99.9 million, or $0.52 per share. Extraction earned $114.6

Colorado Amendment 74 Would Require the State to Pay Property Owners for Lost Value, Including Destruction of Mineral Value from Proposition 112

Colorado Amendment 74 Would Require the State to Pay Property Owners for Lost Value, Including Destruction of Mineral Value from Proposition 112

Paying for economic damage: proposed Amendment 74 ensures that state and local governments that cause reduction in private property value must pay for what they take
Colorado’s Proposition 112—the proposed mandatory 2,500-foot setback for new oil and gas development—has been

Extraction Oil & Gas: 84-Well Comprehensive Drilling Plan Approved by Broomfield, Colorado

Extraction Oil & Gas: 84-Well Comprehensive Drilling Plan Approved by Broomfield, Colorado

After two years of public comment and revisions, Extraction will be allowed to drill in Broomfield–but will Colo. voters stop it in November with positive setback vote on 97?

Extraction Oil & Gas (ticker: XOG) got the news this week …

Courtesy of Extraction Oil & Gas, Inc.

Extraction Oil & Gas Targets Positive All-In Free Cashflow in 2H 2018

Extraction Oil & Gas, Inc. (ticker: XOG) reported a net loss of $52 million for Q1 2018, or $(0.32) per share. First quarter average net sales volumes were 68,874 BOEPD, including 36,052 BPD of crude oil, an increase of 106% …

Extraction Oil & Gas Prepares to Invest $770-$840 Million 2018 CapEx

Extraction Oil & Gas Prepares to Invest $770-$840 Million 2018 CapEx

2018 capital program, production and operating expense guidance

  • The company expects its full-year 2018 average net sales volumes to be 87-93 MBOEPD, with 42.5-45.5 MBbl/d of crude oil, which at the midpoint represents 76% total equivalent growth and 83% crude
Source: University of Colorado

Wattenberg: Boulder County Files for Dismissal of 8 North’s Additional Density Applications

Colorado county adjacent to Weld is fighting to stop oil and gas development on its side of the line

In the Wattenberg field, Boulder County has filed motions to dismiss 8 North LLC’s applications for additional density, arguing that the …

A Wattenberg Victory: Extraction Oil & Gas Receives Approval from Broomfield

A Wattenberg Victory: Extraction Oil & Gas Receives Approval from Broomfield

Extraction went far beyond what state law requires to gain local approval of a well development plan within Broomfield city and county limits

Wattenberg-DJ operator Extraction Oil & Gas, Inc. (NASDAQ:XOG) has received approval for its Operator Agreement with the …

Source: University of Colorado

Drilling the Western Side of the Wattenberg: Boulder County Commissioners Ask State to Deny Drilling Permits to Extraction Oil & Gas Subsidiary

This week, the Boulder County Commissioners told its residents that 8 North LLC, a subsidiary of Extraction Oil and Gas, LLC had applied with the State of Colorado for permits to drill a 1,280-acre area at the far eastern edge …

Colorado’s City and County of Broomfield Seeks Frac Moratorium–Again: Council Puts off Decision

Colorado’s City and County of Broomfield Seeks Frac Moratorium–Again: Council Puts off Decision

Extraction Oil & Gas’s proposed drilling program spurred citizen action and reaction by Broomfield council

On Jan. 10, 2017, the City and County of Broomfield, Colorado, held a public hearing on its proposed ordinance No. 2038 which calls for imposing …

Wattenberg Player Extraction Oil & Gas Goes Public

Wattenberg Player Extraction Oil & Gas Goes Public

Extraction expects net proceeds of roughly $594.1 million from IPO

Extraction Oil & Gas, Inc. (ticker: XOG) announced yesterday the pricing of its initial public offering of 33,333,333 shares of its common stock at $19.00 per share. Extraction was initially …