By Tyler Losier, Energy Reporter, Oil & Gas 360 Roan reaffirms $750 Million borrowing base Roan Resources (stock ticker: ROAN) received commitments for a $100 million term loan facility this week, securing funds affiliated with certain shareholders represented on its board of directors. Interest rates for the loan are expected to be equal to three-month LIBOR plus 7.5%. In exchange
By Tyler Losier, Energy Reporter, Oil & Gas 360 Undisclosed buyer acquires land for $44.5 million Riviera Resources (stock ticker: RVRA) signed an agreement Thursday to sell its interests located in Michigan for $44.5 million, netting approximately $41 million of proceeds in the process. The transaction is expected to close in Q2 of 2019, subject to due diligence and
Core Laboratories (NYSE: CLB) announced its Q2 earnings, which saw an 11% YOY increase in revenue and 22% YOY increase in operating income bringing earnings per diluted share to $0.57. Core Labs saw operating margins up 190 basis points YOY to 19.4%, ex-items, which was attributed to higher-technology services and products being requested by Core’s technologically sophisticated client base and
On November 1, 2017 SandRidge Energy, (ticker: SD) announced third quarter financial and operational results. Highlights Confirmed All Four North Park Basin Niobrara Benches (A, B, C and D) Productive Achieved $0.5 Million D&C Capital Reduction on North Park Niobrara Two-Mile XRLs Spud Initial Wells Under NW STACK Drilling Participation Agreement Confirmed Meramec/Osage Stacked Pay in NW STACK Spacing Test
EcoStim Energy Solutions: ~80% of revenue will be in the U.S. going forward; 2-year contract with YPF provides foundation for growth in Argentina At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with EcoStim Energy Solutions (ticker: ESES) President & CEO Chris Boswell. EcoStim had its first full year
