Extraction provides preliminary financial and operational results for first-quarter 2021
April 26, 2021
DENVER, April 26, 2021 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (&#…
Colorado Amendment 74 Would Require the State to Pay Property Owners for Lost Value, Including Destruction of Mineral Value from Proposition 112
October 4, 2018
Paying for economic damage: proposed Amendment 74 ensures that state and local governments that cause reduction in private property value must pay for what they take Colorado’s Proposition 112—the proposed mandatory 2,500-foot setback for new oil and gas development—has been getting the bulk of the attention in the energy industry. But there is another ballot proposal that would affect mineral
Extraction Oil & Gas Targets Positive All-In Free Cashflow in 2H 2018
May 10, 2018
Extraction Oil & Gas, Inc. (ticker: XOG) reported a net loss of $52 million for Q1 2018, or $(0.32) per share. First quarter average net sales volumes were 68,874 BOEPD, including 36,052 BPD of crude oil, an increase of 106% year-over-year and 4% sequentially. During the quarter, Extraction reached total depth on 41 gross (27 net) wells with an average
Extraction Oil & Gas Prepares to Invest $770-$840 Million 2018 CapEx
December 19, 2017
2018 capital program, production and operating expense guidance The company expects its full-year 2018 average net sales volumes to be 87-93 MBOEPD, with 42.5-45.5 MBbl/d of crude oil, which at the midpoint represents 76% total equivalent growth and 83% crude oil growth over the midpoint of the 2017 guidance ranges provided in December 2016 Drilling and completion capital expenditures for
Extraction Oil & Gas (XOG) Expands Operating Footprint with Oily Hawkeye
November 15, 2017
Q3 highlights Average net sales volumes of 62,884 BOEPD including 34,607 barrels per day (Bbl/d) of oil Net loss of $29.8 million, or ($0.20) per basic and diluted share Turned to sales 30 gross (27 net) operated wells with an average lateral length of approximately 7,900 feet, and completed 51 gross (34 net) wells with an average lateral length of
