Post Tagged with: "Marcellus"

West Virginia's Trans Energy Now on Marcellus Radar Screen – OGFJ

JV with Republic Energy of Dallas has helped Trans Energy create a large footprint in northwestern West Virginia

The Marcellus Shale is generally recognized as the largest and most economic natural gas shale play in the continental United States.

Studies …

January 29, 2013 - 9:27 pm Oil and Gas 360 Articles
Marcellus Shale: A Look at Recent Deals and Successful Operators

Marcellus Shale: A Look at Recent Deals and Successful Operators

Even though oil is trading at a ratio approximately 25.7 times higher than the energy equivalent 6:1 ratio, the market is still showing natural gas operators love – predominantly Marcellus Shale producers.

As of October 2012, EnerCom’s Marcellus Shale peer …

December 20, 2012 - 9:17 pm Oil and Gas 360 Articles

Trans Energy, Inc. Provides Operations Update On Marcellus Horizontal Drilling Program

Company Posts Record 30-Day IP Rates

T. MARYS, W.Va., Nov. 8, 2012 /PRNewswire/ — Trans Energy, Inc. (ticker: TENG), a pure play Marcellus Shale exploration and production company, today announced production results on the Dewhurst #110H and Dewhurst #111H in …

November 8, 2012 - 5:04 pm Oil and Gas 360 Articles, Regulatory
Cabot Oil & Gas Corp Reports Q3’12; Continues Down Sustainable Growth Path

Cabot Oil & Gas Corp Reports Q3’12; Continues Down Sustainable Growth Path

Cabot Oil & Gas Corp (ticker: COG) is engaged in the development, exploitation and exploration of primarily natural gas and natural gas liquids  in the Marcellus Shale.  Outside the Marcellus, Cabot continues to expand its oil development efforts in the …

October 26, 2012 - 9:42 pm Oil and Gas 360 Articles
Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp (ticker: MHR) announced it will acquire Viking International Resources, a private company with approximately 51,500 net acres primarily in the Marcellus and Utica plays, for $106.7 million.  The deal will be funded with $37.3 million …

October 26, 2012 - 5:07 pm Midstream, Oil and Gas 360 Articles

Range Resources Corporation – Day One Breakout Notes

Jeff Ventura, President and COO of Range Resources (RRC) presented today at EnerCom’s The Oil & Gas Conference® 17. Range Resources specializes in the exploration, development, and acquisition of oil and gas properties. Its current major divisions include …

August 14, 2012 - 12:29 pm TOGC, TOGC Breakout Notes

Range Resources – THE Lighthouse in the Storm

Range Resources (ticker: RRC) reported Q2’12 and set new operational highs for the company:

  • Quarterly production was 65,456 MMcfe, a 51% increase from Q2’11, adjusting production for the sale of the company’s Barnett Shale assets. While we’re punching in data
August 1, 2012 - 2:41 pm Oil and Gas 360 Articles

Growth is a Strategy: Magnum Hunter Resources Reports Mid-Year Reserves

In only six months, Magnum Hunter Resources (ticker: MHR) increased its estimated total proved reserves by 51%, or 22.8 MMBOE. The company now estimates owning 67.7 MMBOE of proved reserves, 64% oil.

What caused the increase? A combination of …

July 16, 2012 - 7:12 pm Oil and Gas 360 Articles
Penn Virginia Drills Ahead on Eagle Ford Acreage

Penn Virginia Drills Ahead on Eagle Ford Acreage

Penn Virginia (ticker: PVA) is an exploration and production oil and gas company based in Radnor, PA with district operating offices in Houston, Pittsburgh, and Tulsa. The company has a geographically diverse portfolio of oil, NGL and natural gas assets …

June 8, 2012 - 10:20 pm Analytics, Oil and Gas 360 Articles

PDC Energy Reports Q1'12 Results; Re-Upping on Horizontal Niobrara/Codell Locations – Wattenberg Field Acquisition Provides Room to Bloom

PDC Energy (NASDAQ: PETD) is an oil and natural gas exploration and production company with operations focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara, the Marcellus Shale development in West Virginia and the Utica Shale in …

May 16, 2012 - 3:43 pm Oil and Gas 360 Articles
Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources (MHR) is engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, in three unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, …

April 10, 2012 - 7:21 pm Analytics, Midstream, Oil and Gas 360 Articles

Magnum Hunter Reports Q4'11 and Year-End Results; Company Expects to Exit 2012 in Excess of 16,000 BOEPD

Magnum Hunter Resources (NYSE: MHR) announced operational and financial results for Q4’11 and fiscal year end 2011.

MHR reported a Q4’11 net loss of $60.9 million or a loss of $0.46 per share, compared to a net loss of $1.9 …

February 29, 2012 - 10:09 pm Midstream, Oil and Gas 360 Articles

Magnum Hunter Presents at EnerCom's The Oil & Services Conference™ 10

Gary Evans, CEO of Magnum Hunter Resources Corporation (NYSE: MHR), presented today at EnerCom’s The Oil & Services Conference™ 10. Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, …

February 22, 2012 - 10:11 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Penn Virginia Sells $30.5MM of Natural Gas Assets; Keeps Getting Oilier

Penn Virginia Corporation (NYSE: PVA) announced on July 29, 2011, that it entered into an agreement to divest a substantial portion of its Arkoma Basin assets, as well as certain Mid-Continent assets to Unit Corporation (NYSE: UNT) for $30.5 million …

August 1, 2011 - 10:23 pm Oil and Gas 360 Articles

Notes from the Road: Penn Virginia Corporation (NYSE: PVA)

EnerCom traveled with Penn Virginia Corporation (NYSE: PVA) in London on June 14 and 15, prior to presenting at EnerCom’s London Oil & Gas Conference™ 3 (www.enercomlogc.com).

We’ve compiled below some of the questions and issues posed by …

June 20, 2011 - 10:24 pm Oil and Gas 360 Articles