Monday, June 9, 2025
Continental Resources Divests STACK Water Handling Facility - Oil & Gas 360

Continental Resources Divests STACK Water Handling Facility

By Tyler Losier, Energy Reporter, Oil & Gas 360 Continental Resources sells STACK water handling facility to Lagoon Water Solutions for $85 million Continental Resources (stock ticker: CLR), an Oklahoma City-based independent E&P, is selling its eastern STACK water gathering and recycling system in Blaine county, Oklahoma to Lagoon Water Solutions for $85 million. In conjunction with the divestiture, Continental

Exclusive Interview with Russ Porter, President and CEO, Gastar Exploration

We are going to react to whatever is the best long term move for our shareholders: Porter Gastar Exploration’s President and CEO Russ Porter spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Porter talked about enhancing company liquidity, the move to a pure play producer, and STACK economics. Gastar Exploration Inc. (ticker:

Panhandle Oil and Gas, Inc. – Day Two Breakout Notes

Panhandle Oil and Gas Inc. presented at EnerCom’s The Oil & Gas Conference® During Panhandle’s breakout session, management was asked the following questions: What’s the discipline with respect to reduction of debt? What was the maximum you reached on your debt? What is your average decline rate? In the last six months, what percentage of proposed projects have you chosen

EnerCom Conference Presenter Focus: PetroQuest Energy

PetroQuest Energy (ticker: PQ) will be presenting at EnerCom’s The Oil & Gas Conference® 21 in Denver, on Tuesday, August 16, 2016. The company operates in the Woodford, East Texas Cotton Valley, and Gulf Coast regions. Over the past year, PetroQuest has worked to divest the company’s Oklahoma assets to focus on projects in the other three basins. In June

PetroQuest Energy – Resilient in an Ever-Challenging Industry

PetroQuest (ticker: PQ) put forth its Q2’12 results today. Three month and six month revenues were $33.4MM and $69.5MM, respectively. Discretionary cash flow, a non-GAAP calculation, was $20.1MM for Q2 and $39.7MM for the first six months of 2012. These 2012 figures are less than 2011 due primarily in the change in commodity prices. Production volumes for Q2’12 were 8.4 Bcfe,

PetroQuest Grows Proved Reserves to Company Record Levels; New Plays Offer Liquids Potential During 2012

PetroQuest Energy, Inc. (NYSE: PQ) announced its estimated proved reserves and production volumes for the full-year 2011. During 2011, PQ grew its proved reserves 37% YOY to 265 Bcfe (61% proved developed) and reported its PV-10 is approximately $341.3 million. PQ’s 2011 proved reserves are the highest the company has ever reported. The company’s total proved reserves are estimated to

PetroQuest Reports Q3'11 Earnings; Liquids Portfolio Looking Strong

PetroQuest Energy (NYSE: PQ) reported Q3’11 net income of $3.7 million, or $0.06 per share, compared to Q3’10 net income of $4.9 million, or $0.08 per share. Total Q3’11 revenues were $39.0 million, compared to Q3’10 revenues of $46.3 million. For the first nine months of 2011, PQ reported net income of $2.6 million, or $0.04 per share, compared to