Post Tagged with: "Inc."

Photo: Oil & Gas 360 - Permian - Delaware Basin Action Virtually Nonstop Since Oct. 1

SandRidge Rejects Midstates’ Proposal

SandRidge Energy, Inc. (ticker: SD) said that its board of directors, after careful consideration and a detailed technical and financial review, has rejected Midstates Petroleum Company, Inc.’s (ticker: MPO) unsolicited public offer to combine the two companies in a stock-for-stock …

Source: BBI

Blackbird Energy Updates Wells, Ups Credit Facility to $20 Million

Blackbird Energy Inc. (ticker: BBI) has released test results from its 3-27-71-7W6 Upper Montney delineation well. The well flowed at an average estimated sales rate of 1,188 BOEPD (53% liquids, liquids/gas ratio of 190 Bbls/MMcf) over the final 48-hours of …

PetroQuest Energy Cuts Loss to $0.02 for Q4

PetroQuest Energy Cuts Loss to $0.02 for Q4

PetroQuest Energy, Inc. (ticker: PQ) reported a net loss to common stockholders for Q4 2017 of $389,000, or $(0.02 per) share. This compares to Q4 2016 net loss to common stockholders of $9,659,000, or $(0.46) per share.

For 2017, the …

Oasis Petroleum Doubles Down in the Williston Basin

Oasis Petroleum Doubles Down in the Williston Basin

Oasis Petroleum Inc. (ticker: OAS) reported net income attributable to Oasis of $124.6 million in the fourth quarter of 2017. Fourth quarter 2017 results included a benefit of $171.9 million due to the recently enacted Tax Cuts and Jobs Act.…

Jagged Peak CEO Joseph Jaggers to Retire in Late March

Jagged Peak CEO Joseph Jaggers to Retire in Late March

Jagged Peak Energy Inc. (ticker: JAG) Chairman, President and CEO Joseph N. Jaggers said that he plans to retire at the end of March 2018 for health and personal reasons. Following an orderly transition, current independent director James J. Kleckner …

LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy, Inc. (ticker: LNGG) reported its 2017 results today and provided details on its announced split into three entities.

“Through our successful divestiture program of almost $2.0 billion, we have extinguished all our debt, executed on our share repurchase …

Alta Mesa Produces 21 MBOEPD in 2017, Increases Rigs for 2018

Alta Mesa Produces 21 MBOEPD in 2017, Increases Rigs for 2018

Alta Mesa Resources, Inc. (ticker: AMR) produced 21,000 BOEPD in 2017, a 50% increase over 2016 net production of approximately 13,000 BOEPD. Total production mix for full-year 2017 was 52% oil, 17% natural gas liquids and 31% natural gas.

Fourth …

Centennial Resource Development Equity Private Placements Now Total $910 Million

Centennial Resource Development Plans ~$1 Billion 2018 CapEx

Delaware Basin producer Centennial Resource Development, Inc. (ticker: CDEV) had average daily oil and total equivalent production volumes of 19,161 Bbls/d and 31,864 BOEPD, respectively. Centennial said that these production volumes represent an increase of 233% for daily oil and …

PetroQuest: Two Cotton Valley Wells Completed

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 …

February 20, 2018 - 12:13 pm Closing Bell Story‎, Fracing
Netherland, Sewell & Associates, Inc. Provides Petroleum Consulting Services Worldwide

Netherland, Sewell & Associates, Inc. Provides Petroleum Consulting Services Worldwide

Netherland, Sewell & Associates, Inc. (NSAI) is a worldwide leader of petroleum property valuations for the industry, financial organizations and government agencies. NSAI delivers high quality, fully integrated engineering, operational, geological, geophysical, petrophysical and economic solutions for all facets of …

RPC, Inc. Increases Revenue by 93.4% to $427.3 Million

RPC, Inc. Increases Revenue by 93.4% to $427.3 Million

RPC, Inc. (ticker: RES) announced today its unaudited results for the fourth quarter and year ended December 31, 2017. For the quarter ended December 31, 2017, revenues increased by 93.4% to $427.3 million, compared to $221.0 million in the fourth …

EnerCom Dallas Conference Presenter: Earthstone Energy, Inc.

EnerCom Dallas Conference Presenter: Earthstone Energy, Inc.

Earthstone Energy, Inc. (ticker: ESTE) will present at the EnerCom Dallas investment conference Feb. 21-22, 2018 at the Tower Club in downtown Dallas.

Earthstone Energy is an independent company that develops and operates oil and gas properties primarily in the …