Louisiana – Page 5 – Oil & Gas 360

U.S. Energy Corp. Holding Diversified Working Interests

June 28, 2017

U.S. Energy Corp. (ticker: USEG) has multiple working interests with companies in the Bakken and Three Forks formations and throughout Texas and Louisiana. The company produced 50,628 BOE during 2016, and has projected that it will produce approximately 49,885 BOE during the course of 2017. Bakken/Three-Forks In the Williston basin, USEG partnered with Brigham Exploration Company to conduct exploratory work

WildHorse Resource Development: Potential in Eagle Ford, Step-Outs in N. Louisiana

June 16, 2017

WildHorse Resource Development (ticker: WRD) oversees operations primarily in the Eagle Ford Shale and Cotton Valley formations in East Texas and North Louisiana, respectively. The company expects that it will produce between 27 and 31 MBOEPD in 2017—a significant jump in production from an average 17.6 MBOEPD in Q1, 2017. WildHorse’s Eagle Ford asset In the Eagle Ford play, WildHorse holds

WildHorse Resource Development IPO Targets $650 Million

December 2, 2016

Eagle Ford, North Louisiana Operations WildHorse Resource Development Corporation (ticker: WRD) will join Centennial Resource Development (ticker: CDEV) and Extraction Oil & Gas (ticker: XOG) as one of 2016’s new public E&P companies. The shares of WildHorse are expected to trade on the New York Stock Exchange under the ticker symbol “WRD,” the company said in a press release. WildHorse said

Exclusive Interview with Hal Chappelle, President and CEO of Alta Mesa Holdings

August 24, 2016

Alta Mesa: I look at this as a very early stage of development in the STACK Alta Mesa’s President and CEO Hal Chappelle spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Chappelle talked about his company, what their development plans look like, and the efficiencies being generated from cost cutting to optimize

WTD Resources – Day Two Breakout Notes

August 17, 2016

WTD Resources presents at EnerCom’s The Oil & Gas Conference® During WTD’s breakout session, management was asked the following questions: What’s your development plan in Texas? Are you as selective in the rig time you use to drill these wells? Is it preferable to get the negotiations with companies before or during the bankruptcy process? Can you elaborate on your

EnerCom Conference Presenter Focus: Evolution Petroleum Corporation

August 10, 2016

Evolution Petroleum Corporation (ticker: EPM) will be presenting at the EnerCom Conference on Tuesday August 16, 2016. Evolution Petroleum is a Houston, TX based exploration and production non-operator with assets in the Delhi Field in Louisiana. Evolution, in partnership with the operator of the Delhi Field applies conventional and specialized technology to known oil and gas plays. The Delhi Field

Louisiana Pols Take Big Oil to Court for Coastal Ruin

August 5, 2016

From AP/Canadian Business ALLIANCE, La. – The oil industry has left a big footprint along the Gulf Coast, where a Delaware-sized stretch of Louisiana has disappeared. But few politicians would blame Big Oil for ecosystem abuse in a state where the industry employs up to 300,000 people and injects $73 billion into the economy. Until now. Following the lead of

PetroQuest Energy’s Debt Exchange Works to Build Long-Term Value

February 4, 2016

On January 14, 2015, PetroQuest Energy (ticker: PQ) took appropriate steps addressing its current $350 million senior unsecured 10% high-yield issue (CUSIP 716748AA6) due in September 2017. PetroQuest will seek to offer to exchange up to $300 million of the $350 million for up to (i) $75 million of cash, (ii) $202.5 million aggregate principal amount of its newly issued

$717 Million Expansion Makes the Shell Geismar Plant Largest AO Production Site in the World

November 30, 2015

Gulf coast plant expansion set to make new jobs at world’s largest alpha olefins plant Royal Dutch Shell’s (ticker: RDS.B) Shell Chemical LP announced today that it received a final investment decision to increase alpha olefin (AO) production at its chemical manufacturing site in Geismar, Louisiana. The expansion consists of a fourth AO unit, which will add 425,000 tons of

Memorial Resource Development has More Than Tripled Its Cotton Valley Acreage in Fiscal 2015

September 22, 2015

Announces Rights via Purchase/Leasing Options on 132,758 Net Acres for $373.8 Million Memorial Resource Development (ticker: MRD) unknowingly picked a very difficult time to enter the public sphere (the company launched its initial public offering on June 2, 2014), but the Houston-based company has been one of the more active buyers on the new commodity environment. In a September 21,

Freeport McMoRan Announces Successful Production Test

March 9, 2015

The company said that its Highlander well produced 75 MMcf/d during production testing On February 20, 2015, Freeport McMoRan (ticker: FCX) announced the results of additional production testing on Freeport McMoRan Oil & Gas’s (FM O&G) Highlander discovery, located onshore South Louisiana. The production test indicated a flow rate of approximately 75 MMcf/d, approximately 37 MMcf/d net to FM O&G.

Saratoga Resources Updates Operations, Focuses on Optimization

December 19, 2014

Saratoga Resource Inc. (ticker: SARA) announced an update on the company’s recent operations and measures being taken to reduce costs and enhance operational efficiencies in the current oil price environment. SARA holds approximately 52,000 gross/net acres (60% held by production) on the Louisiana coastline and in the shallow Gulf of Mexico shelf. SARA has successfully completed several thru-tubing plugback operations

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