Emerald Oil’s CEO McAndrew Rudisill appeared on CNBC’s Mad Money with Jim Cramer to discuss the company’s high growth area in the Williston Basin and the company’s plans to add a third rig in Montana.
Important disclosures: The information provided …
The impact of natural gas is making its mark on the transportation industry. OAG360 covered a recent $68 million investment by the United Parcel Service (ticker: UPS) for its liquefied natural gas (LNG) vehicles in 2013. Now, the railroad industry …
Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The …
Emerald Oil, Inc. (ticker: EOX) is an oil weighted exploration and production company focused primarily on the development of its 54,000 net acre position in the Williston Basin of North Dakota and Montana. This 54,000 net acreage position comprises 23,500 …
On August 23, 2012, QEP Resources, Inc. (ticker: QEP) announced it increased its operations in the Williston Basin to approximately 118,000 net acres with the acquisition of 27,600 net acres from multiple sellers in a new core area targeting the …
In only six months, Magnum Hunter Resources (ticker: MHR) increased its estimated total proved reserves by 51%, or 22.8 MMBOE. The company now estimates owning 67.7 MMBOE of proved reserves, 64% oil.
What caused the increase? A combination of …
GMX Resources is an oil and natural gas exploration and production company currently targeting oil prospects in the Williston Basin Bakken/Three Forks, and the DJ Basin Niobrara. GMXR also operates in the Haynesville/Bossier Formation and the Cotton Valley Sand Formation …
We believe market (stock) sentiment should be evaluated two to three days after an announcement has been made to appropriately measure the response. GMX Resources (NYSE: GMXR) provided an operations update on the company’s Williston Basin and Niobrara operations after …
U.S. Energy Corp. (ticker:USEG) is a natural resource exploration and development company with a primary focus on the exploration and development of its oil and gas assets in the Williston Basin and Eagle Ford play.
A recent announcement out of …
On March 1, 2012, GMX Resources Inc. (NYSE: GMXR) announced its financial and operating results for Q4’11 and the fiscal year-ended December 31, 2011.
GMXR reported a Q4’11 net loss of $79.8 million, or a loss of $1.39 per share, …
On January 26, 2012, U.S. Energy Corp. (NASDAQ: USEG) announced that it completed the sale of an undivided 75% of its undeveloped leasehold in McKenzie County, North Dakota to GeoResources, Inc. (NASDAQ: GEOI) and Yuma Exploration and Production Company, Inc. …
On January 23, 2012, Samson Oil & Gas (ticker: SSN) announced a replacement pump has been installed on the Defender US 34 well, the company’s first of two potential horizontal Niobrara test wells in the company’s Hawk Springs project area. …
On December 20, 2011 U.S. Energy Corp. (NASDAQ: USEG) announced a 2012 capital expenditure budget of $48.1 million and the sale of undeveloped Bakken acreage. The company will spend approximately $24.9 million (52%) of this budget drilling its Leona River …
EnerCom, Inc. traveled with Mr. Terry Barr, CEO of Samson Oil & Gas Ltd. (NYSE: SSN, ASX: SSN), meeting with investors in Los Angeles and San Francisco.
The company is actively working on four oil projects in two primary project …
GMX Resources (NYSE: GMXR) reported a net loss in Q3’11 of $68.9 million, or $1.21 per share, compared to Q3’10 net income of $2.2 million, or $0.08 per share. Total Q3’11 revenues net of hedging were $28.4 million, a 15% …
