Post Tagged with: "Mississippian"

Torchlight Energy Resources: An Introduction to this Mid-Continent Oil Producer

Torchlight Energy Resources: An Introduction to this Mid-Continent Oil Producer

Torchlight Energy Resources (ticker: TRCH)is a high growth oil and gas exploration and production (E&P) company with a primary focus on acquisition and development of domestic oil fields.

Since going public in 2010, Torchlight has established itself in four separate …

February 5, 2014 - 3:31 am Oil and Gas 360 Articles
SandRidge Energy: Resilient Mississippian Operations despite Waning Industry Interest

SandRidge Energy: Resilient Mississippian Operations despite Waning Industry Interest

SandRidge Energy (ticker: SD) is an oil and natural gas company headquartered in Oklahoma City, Oklahoma, with its principal focus on exploration and production in the Mid-Continent, Permian Basin, Gulf of Mexico, West Texas Overthrust and Gulf Coast.

The challenging …

November 20, 2013 - 4:40 pm Fracing, Oil and Gas 360 Articles
Equal Energy Ltd. Exits Mississippian Chasing Returns Elsewhere in Oklahoma

Equal Energy Ltd. Exits Mississippian Chasing Returns Elsewhere in Oklahoma

Equal Energy Ltd. (ticker: EQU) sold its interests in Grant, Garfield and Alfalfa Counties, Oklahoma, to Atlas Resources Partners LP (ticker: ARP) for US$40 million. The Northern Oklahoma assets include production of 1,400 BOEPD (73% natural gas, 25% …

September 27, 2012 - 7:28 pm Oil and Gas 360 Articles
PetroQuest Energy – Resilient in an Ever-Challenging Industry

PetroQuest Energy – Resilient in an Ever-Challenging Industry

PetroQuest (ticker: PQ) put forth its Q2’12 results today. Three month and six month revenues were $33.4MM and $69.5MM, respectively. Discretionary cash flow, a non-GAAP calculation, was $20.1MM for Q2 and $39.7MM for the first six months of …

August 2, 2012 - 8:24 pm Oil and Gas 360 Articles
Equal Energy Reports Q1'12 Results; Strategic Review Underway

Equal Energy Reports Q1'12 Results; Strategic Review Underway

Equal Energy Ltd. (TSX, NYSE: EQU) is an exploration and production oil and gas company with producing properties in Alberta and Oklahoma. EQU’s current production stream is comprised of approximately 13% crude oil, 38% NGLs and 49 % natural gas. …

May 18, 2012 - 10:14 pm Oil and Gas 360 Articles

PetroQuest Energy Reports Q1'12 Results; Announces Second Expansion of Mississippian Lime JV

PetroQuest Energy (NYSE:PQ) is an independent oil and natural gas company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Oklahoma, Texas, the Gulf Coast Basin, Arkansas and Wyoming. Over the last several years, …

May 9, 2012 - 3:58 pm Oil and Gas 360 Articles

Equal Energy and Atlas Resource – Flexing to Drill Mississippian Light Oil Play

Equal Energy Ltd. (TSX, NYSE: EQU) signed an agreement with Atlas Resource Partners, L.P. (NYSE: ARP) to sell 50% of its interest in approximately 14,500 net undeveloped acres prospective for Mississippian light oil for total cash consideration of approximately US$18 …

April 5, 2012 - 10:26 pm Oil and Gas 360 Articles
Equal Energy Reports Q4'11 and Year-End Results; Grows Production 29% (Q4/Q4)

Equal Energy Reports Q4'11 and Year-End Results; Grows Production 29% (Q4/Q4)

Equal Energy (NYSE: EQU, TSX: EQU) announced its Q4’11 and year-end 2011 financial and operating results for the period ended December 31, 2011.

During Q4’11, EQU reported oil and gas revenues increased 22% to $42.4 million, as compared to $34.7 …

March 22, 2012 - 10:36 pm Oil and Gas 360 Articles
PetroQuest Updates Mississippian Lime Operations and Q1'12 Guidance; La Cantera Well Flows at High End of Expectations

PetroQuest Updates Mississippian Lime Operations and Q1'12 Guidance; La Cantera Well Flows at High End of Expectations

PetroQuest Energy (NYSE: PQ) announced the Thibodeaux #1 discovery well at the La Cantera prospect (17% NRI) in South Louisiana is currently flowing at a gross daily rate of approximately 31 MMcfe/d (26% oil and liquids) – the high end …

March 22, 2012 - 4:00 pm Oil and Gas 360 Articles
PetroQuest Energy Reports Q4'11 and Year-end Results; Record Reserve Numbers; Extends Woodford JV into the Mississippian

PetroQuest Energy Reports Q4'11 and Year-end Results; Record Reserve Numbers; Extends Woodford JV into the Mississippian

Petroquest Energy, Inc. (NYSE: PQ) reported Q4’11 and year-end results, provided guidance for 2012, and announced an amendment to its Woodford Shale joint development agreement (JDA) to include an expansion into PetroQuest’s Mississippian Lime play.

PQ reported Q4’11 net income …

February 29, 2012 - 4:05 pm Oil and Gas 360 Articles

PetroQuest Reports Q3'11 Earnings; Liquids Portfolio Looking Strong

PetroQuest Energy (NYSE: PQ) reported Q3’11 net income of $3.7 million, or $0.06 per share, compared to Q3’10 net income of $4.9 million, or $0.08 per share. Total Q3’11 revenues were $39.0 million, compared to Q3’10 revenues of $46.3 million.…

November 4, 2011 - 4:10 pm Earnings, Oil and Gas 360 Articles