Post Tagged with: "Wattenberg"

Source: PDC Energy

PDC Energy to Acquire SRC Energy

By Tyler Losier, Energy Reporter, Oil & Gas 360

PDC Energy to acquire SRC Energy in all-stock transaction valued at approximately $1.7 billion
PDC Energy Inc. (stock ticker: PDCE), an independent E&P based out of Denver, has entered into a

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Both sides of 112 are advertising on Spotify as ballots are being delivered
The advertising messages to vote ‘No on Prop 112’ are everywhere you look and listen on Denver area TV and radio.

The stakes are high for the

Courtesy of HighPoint Resources

HighPoint Resources Drops Completion Time to 4.2 Days per Well; Wants to Bring Second Rig to Hereford

HighPoint Resources Corporation (ticker: HPR) reported a net income loss of $24.9 million, or $(0.20) per share for the first quarter of 2018. HighPoint produced 1.91 MMBoe in the quarter, which was at the midpoint of its guidance range of …

CEOs Talk About Solving DJ Takeaway Problems that Plague Northern Colorado’s Producers

CEOs Talk About Solving DJ Takeaway Problems that Plague Northern Colorado’s Producers

Companies in the Wattenberg can’t accurately evaluate the performance of wells that are continuously choked back or temporarily shut in due to lack of pipeline capacity

Producers forced to constrain production 

During their recent Q1 earnings calls, Bart Brookman, president …

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Colorado-based Bill Barrett Corporation (ticker: BBG) reported Q4 and year-end results today.

For the fourth quarter of 2017, the company reported a net loss of $77.8 million, or $(0.94) per diluted share. For 2017 as a whole, the company reported …

Colorado Supreme Court Says It Will Hear Appeal in Martinez Oil and Gas Lawsuit

Colorado Supreme Court Says It Will Hear Appeal in Martinez Oil and Gas Lawsuit

Martinez case could force the state to prioritize health and safety over drilling rights

From Times-Call/Denver Post

The state’s highest court announced Monday that it will review the Colorado Court of Appeals’ ruling in favor of the plaintiffs in what’s …

January 30, 2018 - 11:24 am Closing Bell Story‎, Law
Source: University of Colorado

Wattenberg: Boulder County Files for Dismissal of 8 North’s Additional Density Applications

Colorado county adjacent to Weld is fighting to stop oil and gas development on its side of the line

In the Wattenberg field, Boulder County has filed motions to dismiss 8 North LLC’s applications for additional density, arguing that the …

As Local Control Enters the Wattenberg Field through the Back Door, Crestone Peak Fights Back

As Local Control Enters the Wattenberg Field through the Back Door, Crestone Peak Fights Back

Crestone Peak sues Town of Erie to overturn new odor ordinance

As oil and gas drilling gets closer to communities, residents are compelling elected leaders to set limits, using land-use and zoning codes to control industrial operations

From the Longmont …

December 1, 2017 - 12:09 pm Closing Bell Story‎, Energy News, Law, Regulatory
Crestone Peak Winding Its Way through Colorado CDP Process in Preparation to Drill Assets on Boulder County Side of the Wattenberg

Crestone Peak Winding Its Way through Colorado CDP Process in Preparation to Drill Assets on Boulder County Side of the Wattenberg

Second draft of Comprehensive Drilling Plan for Boulder County is posted for comment

The second draft of the Crestone Peak Comprehensive Drilling Plan for its Boulder County assets has been reviewed by the Colorado Oil & Gas Conservation Commission (COGCC) …

Source: University of Colorado

Drilling the Western Side of the Wattenberg: Boulder County Commissioners Ask State to Deny Drilling Permits to Extraction Oil & Gas Subsidiary

This week, the Boulder County Commissioners told its residents that 8 North LLC, a subsidiary of Extraction Oil and Gas, LLC had applied with the State of Colorado for permits to drill a 1,280-acre area at the far eastern edge …

Source: University of Colorado

Commissioners Warn Boulder County Residents that Oil Companies are Making Plans to Drill

Extraction’s 8 North LLC and Crestone Peak Resources have submitted drilling plans to the state to start developing Boulder County Wattenberg assets; commissioners “are very concerned”

In a county that is host to a symposium this weekend called “Warrior Principle, …

PetroShare Corp. Spools Up Activity in the Wattenberg

PetroShare Corp. Spools Up Activity in the Wattenberg

With a pure-play focus in the Niobrara and Codell formations in the Wattenberg field, PetroShare (ticker: PRHR) holds approximately 9,900 net acres in northeastern Colorado.

Petroshare has divided its focus between its Todd Creek Farms acreage and its Buck Peak …

Bill Barrett Corporation: Lower Debt, Longer Laterals

Bill Barrett Corporation: Lower Debt, Longer Laterals

Bill Barrett Corporation (ticker: BBG) has built a core position in the Northeast Wattenberg field in Colorado’s Denver-Julesberg (DJ) Basin, where it holds 71,900 net acres. The company also has producing acreage within the Uinta Basin in Utah, numbering approximately …

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Edge of the Wattenberg: as Moratorium Expires Crestone Peak Attempts to bring Drilling Back to Boulder County

Crestone Peak applied to drill 216 wells in Boulder County

Judge dismisses Colorado Attorney General’s lawsuit v. Boulder County after moratorium expires on May 1

Local control is alive and well in Boulder County

By Bevo Beaven, Editor, Oil &

Federal Chemical Investigators to Examine Colorado Home Explosion Site, Gas Well

Federal Chemical Investigators to Examine Colorado Home Explosion Site, Gas Well

CSB investigated Macondo

An independent federal industrial chemical incident investigation arm–the U.S. Chemical Safety Board (CSB)–said today that it is dispatching Denver-based investigators to the recent home explosion site in Weld County, Colorado.

Initial information from fire officials and other …

PDC Energy Targeting 40% Production Growth in 2017

PDC Energy Targeting 40% Production Growth in 2017

PDC Energy 2017 capital budget and growth both exceed analyst expectations

Denver-based PDC Energy (ticker: PDCE) announced its capital budget and production plans for 2017 on Monday exceeding analyst expectations. According to the company’s press release, PDC plans to …

PDC Energy Appoints David Honeyfield CFO

PDC Energy Appoints David Honeyfield CFO

PDC Energy, Inc. (ticker: PDCE) has appointed David Honeyfield its chief financial officer effective December 19, 2016.

David Honeyfield was previously CFO for Jonah Energy in Denver.  His previous experience includes six years at Intrepid Potash, where he served as …

Brookman: A Truly Transformational Quarter for PDC

Brookman: A Truly Transformational Quarter for PDC

PDC: Ready to Integrate and Develop Permian Assets in 2017

PDC (ticker: PDCE) CEO Bart Brookman summarized Q3 as a “terrific” quarter for PDC on its 3Q earnings call today.

Brookman called for increased production and activity going forward in …

Wattenberg Player Extraction Oil & Gas Goes Public

Wattenberg Player Extraction Oil & Gas Goes Public

Extraction expects net proceeds of roughly $594.1 million from IPO

Extraction Oil & Gas, Inc. (ticker: XOG) announced yesterday the pricing of its initial public offering of 33,333,333 shares of its common stock at $19.00 per share. Extraction was initially …

Synergy Resources Gives 2017 Guidance for Wattenberg Operations

Synergy Resources Gives 2017 Guidance for Wattenberg Operations

Synergy expects to drill 102 gross Wattenberg wells

Synergy Resources (ticker: SYRG) announced its full-year 2017 production and capex guidance, as well as an operations update.

Synergy has identified over 1,000 gross drilling locations with mid to long laterals (~7,500′ …

Black Stone Minerals LP – Day Three Breakout Notes

Black Stone Minerals LP – Day Three Breakout Notes

Black Stone Minerals LP presents at EnerCom’s The Oil & Gas Conference®

During Black Stone Minerals’ breakout session, management was asked the following questions:

  • Could you talk about the risks that affect the business beyond the commodity price risk?
  • Are
August 18, 2016 - 9:34 am Closing Bell Story‎, Oil and Gas 360 Articles, TOGC21
EnerCom Conference Presenter Focus: PDC Energy

EnerCom Conference Presenter Focus: PDC Energy

PDC Energy (ticker: PDCE) will be presenting at The Oil and Gas Conference® 21 on Monday, August 15 at 3:30 PM EDT.

PDC is a 40-year old independent E&P company operating in the Wattenberg filed in Colorado and in …

EnerCom Conference Presenter Focus:  Anadarko Petroleum

EnerCom Conference Presenter Focus: Anadarko Petroleum

Anadarko will present at EnerCom’s The Oil & Gas Conference® 21 on Tues. Aug. 16, 2016 at 4:45 pm EST.

Anadarko Petroleum (ticker: APC) is an exploration and production company headquartered in The Woodlands, Texas. Anadarko has operations in the …

EnerCom Conference Presenter Focus: Synergy Resources Corporation

EnerCom Conference Presenter Focus: Synergy Resources Corporation

Synergy Resources Corp. will present at EnerCom’s The Oil & Gas Conference® on Mon. Aug. 15, 2016

Synergy Resources Corporation (ticker: SYRG) is a domestic oil and natural gas exploration and production company operating in the Denver-Julesburg Basin of Northern …

Bonanza Creek: From IPO to Strategic Alternative Process in 55 Months

Bonanza Creek: From IPO to Strategic Alternative Process in 55 Months

Shares of Bonanza Creek fall 37% on news of hiring a financial advisor

Shares of Bonanza Creek (ticker: BCEI) took a nosedive Wednesday, falling 38%, with investors reacting negatively to an 8-K filing released during trading hours that the company …

Synergy Resources Prices a $180 Million Equity Raise

Synergy Resources Prices a $180 Million Equity Raise

Synergy equity deal expected to raise $150 million in initial offering with $30 million greenshoe offering

Denver-based Synergy Resources (ticker: SYRG) announced a public offering of 19.5 million shares of its common stock for total proceeds of approximately $150 million, …

PDC Energy Builds on Reserve Base in Year-End Update

PDC Energy Builds on Reserve Base in Year-End Update

Estimates Reserve Replacement of 247%

Operational execution was the primary takeaway from PDC Energy’s (ticker: PDCE) Q3’15 results, and the progressing development of the company’s Wattenberg assets carried over into its 2015 year-end reserves update. The news release, …

Colorado Oil Patch: Trouble is Brewing

Colorado Oil Patch: Trouble is Brewing

New Anti-Energy Development Initiatives Registered with Secretary of State

Eleven initiatives aimed at Colorado’s oil and gas development were issued on December 22, 2015, marking the start of a new chapter in the Centennial state’s ongoing tug of war between …

Energy Market Upside: PDC Energy Shows Off Versatility in the Wattenberg Field

Energy Market Upside: PDC Energy Shows Off Versatility in the Wattenberg Field

The oil and gas market is approaching the end of 2015—which will no doubt go down as a highly tumultuous year for the industry. In spite of the dive in oil prices, some companies have positioned themselves well for capturing …

Noble Postpones IPO of Midstream MLP

Noble Postpones IPO of Midstream MLP

Noble Energy sites weak markets

Houston-based Noble Energy (ticker: NBL) announced today that it will postpone an IPO of its wholly owned subsidiary Noble Midstream Partners, which the company planned to list on the New York Stock Exchange with the …

November 20, 2015 - 6:14 pm Closing Bell Story‎, Midstream, MLPs, Oil and Gas 360 Articles