Post Tagged with: "Unit Corp."

Unit Corporation announces extension of expiration date of exchange offer

Unit Corporation announces extension of expiration date of exchange offer

Oil and Gas 360


TULSA, OKLA. – Unit Corporation (the “Company” or “Unit”) announced that it has extended the Expiration Date for its previously announced offer to exchange (the “Exchange Offer”) any and all of its outstanding 6.625% Senior Subordinated …

January 13, 2020 - 3:15 pm
Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Borrowing base stays at $475 million

Unit Corporation (NYSE: UNT) reported Q3 today; highlights include:

  • Net income of $3.7 million and adjusted net income of $5.3 million.
  • Oil and natural gas segment production increased 5% over the second quarter of
November 2, 2017 - 4:32 pm
Unit Reports Increasing Demand for Rigs

Unit Reports Increasing Demand for Rigs

Improving commodity prices driving demand

Unit Corp. (Ticker: UNT) announced its first quarter 2017 results Thursday with the drilling segment of the company showing higher levels of rig utilization. The average number of Unit’s drilling rigs working during the quarter …

May 4, 2017 - 5:30 pm
Annual Reports are Still an Art Form

Annual Reports are Still an Art Form

Whiting Petroleum, Unit Corporation 2015 Annual Reports

In an era of everything digital to be consumed on your phone—newspapers, books, magazines, menus and movies—it’s nice to hold a company’s annual report in your hands while you can still smell the …

April 8, 2016 - 5:52 pm
Unit Corp. Drilling Program Offers Upside in the Midcontinent

Unit Corp. Drilling Program Offers Upside in the Midcontinent

Wilcox Horizontals Maintaining Rates 210 Days After First Production

Unit Corporation (ticker: UNT), a Tulsa-based exploration and production company with subsidiaries in midstream and contract drilling, provided additional detail on its premier oil and gas assets in its Q3’15 earnings

November 4, 2015 - 6:51 pm
As Capital Tightens, E&Ps Stir the Gumbo

As Capital Tightens, E&Ps Stir the Gumbo

Borrowing Base Redeterminations Kicking into Full Swing

Cyclicality in the oil and gas industry is a given.  Across the board in today’s commodity price environment, the E&Ps and the OilService companies that provide them with drilling and completion services have …

October 12, 2015 - 2:38 pm