Post Tagged with: "Penn Virginia"

Source: Houston Chronicle

Drilling Down: Birch Resources emerges as Permian Basin leader in new year

Houston Chronicle


Houston oil company Birch Resources is emerging as a leader of drilling activity in the new year.

Barely a week into 2020, the company is already seeking permission from the Railroad Commission for permission to drill 26 new …

Denbury, Penn Virginia Call Off Marriage – Back to Square One

Denbury, Penn Virginia Call Off Marriage – Back to Square One

Market conditions, shareholder opposition cited
Denbury Resources Inc. (NYSE: DNR) and Penn Virginia Corporation (NASDAQ: PVAC) agreed to terminate the previously announced Denbury acquisition of Penn Virginia.

Chris Kendall, Denbury’s President and CEO, commented, “While we firmly believed in the

Penn Virginia: 2017 Slickwater Completions Bode Well for 2018

Penn Virginia: 2017 Slickwater Completions Bode Well for 2018

Penn Virginia Corporation (ticker: PVAC) announced its financial and operational results for Q4 2017 and full year 2017.

Operational Highlights

  • The two-well Geo Hunter pad had a 30-day initial production (“IP”) rate of 3,767 BOEPD and a previously announced 24-hour
2018 A&D Begins with Penn Virginia

2018 A&D Begins with Penn Virginia

Penn Virginia (ticker: PVAC) kicked off a new year of oil & gas A&D transactions today, buying acreage in the Eagle Ford.

Penn Virginia will acquire assets in Gonzales and Lavaca counties from Hunt Oil Company for $86 million in …

Penn Virginia Closes $205 Million Acquisition with Devon, Increases Borrowing Base

Penn Virginia Closes $205 Million Acquisition with Devon, Increases Borrowing Base

Penn Virginia Eagle Ford acquisition puts drill bit on contiguous acreage for extended reach laterals

Penn Virginia Corporation (ticker: PVAC) closed its previously announced acquisition of Eagle Ford assets located primarily in Lavaca County, Texas on September 29, 2017. Penn …

Production Up, Coiled Tubing Revenue Up 70%, Acquisitions, and a Super Pad: EnerCom presenters NOG, KEG, MPO, PVAC talk 2Q

Production Up, Coiled Tubing Revenue Up 70%, Acquisitions, and a Super Pad: EnerCom presenters NOG, KEG, MPO, PVAC talk 2Q

Four presenters at EnerCom’s 22nd The Oil & Gas Conference® announced earnings and operational updates for Q2.

Northern Oil and Gas

Northern Oil and Gas (ticker: NOG) said that its average production had grown 4% from the first quarter to …

Strong Eagle Ford Wells Point to Hot Spot for Penn Virginia

Strong Eagle Ford Wells Point to Hot Spot for Penn Virginia

Recent completion successes and an enhanced borrowing base of $200 million sets the stage for Penn Virginia Corporation’s (ticker: PVAC) path to growth.

Completions and other operations

Penn Virginia announced in on June 28th, 2017 the success of …

More than 100 Oil and Gas Operators have Filed for Bankruptcy as of August

More than 100 Oil and Gas Operators have Filed for Bankruptcy as of August

Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August

Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection since the fall in oil prices. The three companies had combined debt …

Penn Virginia Corporation Emerges From Bankruptcy after 4 Months

Penn Virginia Corporation Emerges From Bankruptcy after 4 Months

Penn Virginia Secures Commitment for up to $200 Million in New Financing, Closes on a $50 Million Rights Offering

The U.S. Bankruptcy Court for the Eastern District of Virginia on August 11, 2016, confirmed that Penn Virginia Corporation has satisfied …

Penn Virginia Pads Balance Sheet in $75 Million Non-core Asset Sale

Penn Virginia Pads Balance Sheet in $75 Million Non-core Asset Sale

On July 15, 2015, Penn Virginia (ticker: PVA) announced the sale of its East Texas assets to an undisclosed buyer for gross proceeds of $75 million. The sale is expected to close by August 2015 and includes approximately 33,400 net …

Penn Virginia Ramping Up Eagle Ford Operations

Penn Virginia Ramping Up Eagle Ford Operations

Penn Virginia Corp. (ticker: PVA) has spent the last few years building up its position in the Eagle Ford Shale of South Texas, and production increases combined with decreasing completion costs were the highlights of the company’s Q1’15 earnings release. …

Penn Virginia Corp. – Day Two Breakout Notes

James Dean, Vice President, Corporate Development of Penn Virginia Corp (PVA) presented today at EnerCom’s The Oil & Gas Conference® 17. PVA is an independent oil and gas company engaged primarily in the development, exploration and production of …

August 15, 2012 - 12:55 pm TOGC Breakout Notes, TOGC2