Denbury Resources will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Tuesday, August 16, 2016. Denbury Resources is an upstream oil and gas operator primarily focused on carbon dioxide enhanced oil recovery methods. The company’s portfolio of assets is split between the Rocky Mountain region and the Gulf Coast region. Denbury operates mature fields by utilizing
VAALCO finances purchase of 3.23% participating interest with $5 million loan and cash on hand Houston—based VAALCO Energy (ticker: EGY) announced today that the company purchased an additional 3.23% interest in its flagship Etame asset located offshore of the Republic of Gabon. The interest was purchased from Sojitz Etame Limited, and represented the company’s total interest in the offshore project.
PetroQuest Energy will be presenting at EnerCom’s The Oil & Gas Conference 21 in Denver, Colorado, on Tuesday, August 16, at 12:10 p.m. EST. To learn more about the companies presenting at The Oil & Gas Conference this year, click here. PetroQuest Energy, Inc. (the “Company”) today announced a loss available to common stockholders for the quarter ended June 30, 2016
SM Energy plans to use the proceeds to improve liquidity Denver-based SM Energy Company (ticker: SM) announced today that the company has entered into two agreements to divest non-core assets for a combined price of $172.5 million. The transactions are expected to close late in the third quarter of 2016, according to the company’s press release. One of the two
Range Resources expects natural gas demand to reach 15.8 Bcf/d by 2020; focusing on Marcellus well returns Low commodity prices continue to take their toll on E&P companies across the U.S., and Range Resources (ticker: RRC) is no exception. But the company is preparing to take advantage of better natural gas prices as the market starts to tighten through the
Starzer’s privately held Fifth Creek is positioned to grow rapidly when oil markets turn: he’s planning to invest $1 billion in drilling over 4 years It is difficult to overstate the importance of a good management team, particularly as the oil and gas industry slogs its way through the current downcycle. Experience at the top can help companies ride out
Tamarack Valley Energy drills two 2-mile Cardium laterals Calgary-based Tamarack Valley Energy (ticker: TVE) announced today that the company drilled its first 2-mile lateral Cardium oil wells at Wilson Creek in the second quarter, with on-budget capital costs and timing, according to a company press release. The two wells came on production late in the second quarter and are expected
Blackbird Energy will present at the EnerCom conference in Denver on Tuesday, August 16, 2016 Blackbird Energy Inc. (ticker: BBI) is a junior E&P company focused on the liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta, where it holds a 100% working interest in 83.75 sections. Blackbird has acquired its acreage in Alberta’s Montney fairway in proximity to highly
Fifth Creek will present at EnerCom’s The Oil & Gas Conference® 21 on Wed. Aug. 17, 2016 at 5:30 pm EST. Fifth Creek Energy is a private exploration and production company headquartered in Denver, Colorado. Fifth Creek was founded in October of 2014 by Michael Starzer and Pat Graham. The company is currently in the evaluation and acquisition phase, with
Cabot will present at EnerCom’s The Oil & Gas Conference® 21 on Mon. Aug. 15, 2016 at 10:50 am EST. Cabot Oil & Gas (ticker: COG) is an exploration and production company headquartered in Houston, Texas. Cabot is primarily a natural gas producer that is focused on developing its acreage positions in the Eagle Ford and Marcellus Shale. As of
MCF will present at EnerCom’s The Oil & Gas Conference® on Mon. Aug. 15, 2016 Contango Oil & Gas Company (ticker: MCF) is an exploration and production company headquartered in Houston, TX, with operations in the Gulf of Mexico, onshore Texas Gulf Coast, East and Southeast Texas, and the Rocky Mountains. In 2015, the company reported estimated proved reserves of
WPX Energy (ticker: WPX) will be presenting at EnerCom’s The Oil & Gas Conference® 21 in Denver on Tuesday, August 16, 2016. WPX Energy is an upstream oil and gas operator with assets in the Williston, San Juan, and Permian Basins. In the earnings call for the first quarter of 2016, the company announced its goal to start leaning into
