Permian Basin – Page 15

Resolute Energy Monetizing a Portion of Its Legacy Assets to Accelerate Activity in the Permian and Powder River Basin

May 20, 2014

Resolute Energy Corp. (ticker: REN) is engaged in the acquisition, development and production of onshore domestic hydrocarbons, principally crude oil. Its producing assets are the Aneth Field in the Paradox Basin of Utah, the Hilight Field in the Powder River Basin of Wyoming and in the Permian Basin of West Texas. Resolute completed the transition to a full scale horizontal

Callon Petroleum Accelerates Growth in the Permian, Increases Guidance Rates

May 15, 2014

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin of West Texas. In a conference call with analysts and investors on May 9, 2014, Fred Callon, Chairman and Chief Executive Officer of Callon Petroleum, said, “This is our first reporting quarter without production contribution from our divested

Shell Reevaluates American Operations, Positions Itself for Potential LNG Boom

March 20, 2014

Royal Dutch Shell plc (ticker: RDS.B) is incorporated in England and Wales and serves as the parent company for Shell, a global group of energy and petrochemical companies. Shell has a global presence in both the upstream and downstream business with operations in more than 70 countries. The company sold 19.6 million tons of equity LNG during 2013 and is

Resolute Energy Boosts Production Rates, Focused on Permian Oil in 2014

March 13, 2014

Resolute Energy Corp. (ticker: REN) is engaged in the acquisition, development and production of onshore domestic hydrocarbons, principally crude oil. Resolute’s producing assets are the Aneth Field in the Paradox Basin of Utah and Hilight Field in the Powder River Basin of Wyoming, in the Permian Basin of West Texas and in the Bakken trend in the Williston Basin of

Permian-Focused Callon Petroleum Updates Reserves, Provides 2014 Guidance

February 24, 2014

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin of West Texas. In 2009, Callon began a strategic initiative to diversify its operations from strictly offshore Gulf of Mexico by shifting to onshore operations in the Permian Basin of West Texas. The company sold off virtually all

Resolute Energy Provides Update on Horizontal Permian Program

December 12, 2013

QEP Acquires Permian Basin Assets for $950MM; Adds 264 Drilling Locations on 26,519 Net Acres

December 10, 2013

QEP Resources, Inc. (NYSE:QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, the Texas Panhandle, and Louisiana) of the United States. Since its spinoff from the regulated utility Questar Corporation in 2010, QEP Resources

Callon Petroleum Reports Q3'13 Results; Completes Transition to Permian Operator

November 12, 2013

Callon Petroleum (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin of West Texas. In 2009, Callon began a strategic initiative to diversify its operations onshore in an effort to reduce reinvestment risk and increase visible growth potential. Callon entered the Permian Basin of West Texas and since then

Rosetta Resources Acquires Permian Assets from Comstock Resources

March 15, 2013

Rosetta Resources Inc. (ticker: ROSE) today announced it has entered into a definitive agreement to acquire Permian Basin assets from Comstock Resources, Inc. (ticker: CRK) for a purchase price of approximately $768 million, subject to customary closing adjustments. Provides new basin entry in Permian and access to oil-weighted multi-pay areas Adds 40,200 net acres in Delaware Basin delineated Wolfbone play Expands capital

Callon Petroleum Co Steps Further Out of the Bathtub and Onto Firmer Ground

November 30, 2012

Callon Petroleum Co (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in Texas, Louisiana and the offshore waters of the Gulf of Mexico. At the time of this writing, CPE had a market capitalization of approximately$184 million. In 2009, Callon began a strategic initiative to diversify its operations from strictly offshore Gulf

Resolute Energy Corp Gaining Growth Momentum; Reports Q3’12 Results

November 7, 2012

Resolute Energy Corp (ticker: REN) is an independent oil and gas company focused on the acquisition, exploration, exploitation and development of oil and gas properties primarily in the Aneth Field in the Paradox Basin of Utah, the Powder River Basin of Wyoming, the Permian Basin of Texas and the Bakken trend in the Williston Basin of North Dakota. Resolute’s primary

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