Oil & Gas 360® — News, Information and Analysis for Oil & Gas Investors

Crude Oil

(

)

Brent Crude

(

)

Natural Gas

(

)

S&P 500

(

)

PHLX Oil

(

)

Bakken Operations Update – An Interview with Emerald Oil (EOX)

Today’s Guest: Emerald Oil (ticker: EOX) Chief Executive Officer McAndrew Rudisill About the Guest McAndrew Rudisill has 11 years of investment management and investment banking experience in the natural resources sector. Prior to joining the Company, Mr. Rudisill served as a non-executive director of Emerald Oil & Gas NL (“Emerald Australia”) and was President and Chairman of Emerald Oil. Mr. [...]
American Eagle Energy Provides Financial Results for First Quarter

American Eagle Energy Corporation (AMZG) is engaged in the exploration and production of petroleum and natural gas in North America . Currently, American Eagle is focused primarily on exploiting unconventional resource plays within the Bakken and Three Forks formations. The Company operated under the name Eternal Energy Corp. until December 2011 when it changed its name to American Eagle Energy Corporation [...]
Freeport-McMoRan Copper & Gold and Plains Exploration & Production Announce PXP Shareholders Approve Acquisition

Freeport-McMoRan Copper & Gold Inc. (FCX) and Plains Exploration & Production Company (PXP) today announced that the shareholders of PXP approved FCX’s acquisition of PXP at a special meeting held today. A majority of the outstanding shares approved the transaction. The transaction is anticipated to close on May 31, 2013. Following completion of the transaction, there are expected to be [...]
Laredo Petroleum CEO on Fox Business News

Watch the latest video at video.foxbusiness.com Randy Foutch, Laredo Petroleum’s CEO, was interviewed on Fox Business News to discuss his company’s Q1’13 earnings, as well as future catalysts driven by the company’s operations in the Permian Basin.
LINN Energy CEO on Mad Money with Jim Cramer

LINN Energy (NASDAQ: LINE) Chief Executive Offcier Mark Ellis appeared on CNBC’s Mad Money to discuss his company’s valuation in response to a Barron’s article. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed [...]
PetroQuest Energy Announces First Quarter 2013 Results And Provides Operations And Hedging Update

PetroQuest Energy, Inc. (PQ) announced today that the Company recorded net income available to common stockholders for the quarter ended March 31, 2013 of $2,607,000, or $0.04 per share, compared to first quarter 2012 net loss to common stockholders of $18,608,000, or $0.30 per share. The 2012 period included a non-cash ceiling test impairment of $20,111,000. Discretionary cash flow for [...]
Dawson Geophysical Reports Fiscal Second Quarter And Six-Month 2013 Results

Company Generates a 16 and 21 Percent Increase in EBITDA for the Second Quarter and Six Month Period, Respectively Dawson Geophysical Company (DWSN) today reported results for the quarter-ended March 31, 2013, the Company’s second quarter of fiscal 2013. Second Quarter and Six Month Highlights EBITDA for the quarter-ended March 31, 2013 increased to $20,314,000 compared to $17,520,000 for the same [...]
EnerCom, Inc. Announces London Oil & Gas Conference™ 5 on 11 June 2013

PRESENTING COMPANIES: 12 U.S. E&P AND OILSERVICE COMPANIES AVERAGE ENTERPRISE VALUE: $4.4 BILLION EnerCom, Inc. today announced its presentation line-up for the London Oil & Gas Conference™ 5 at the Sofitel London St. James Hotel, on 11 June 2013. EnerCom will host 12 U.S. E&P and OilService companies with an average enterprise value of $4.4 billion as they present their stories to institutional investors, [...]
ERHC Energy Inc. Signs Letter of Intent to Farm-Out a Portion of Its Interest in Kenya Exploration Block

ERHC Energy Inc. (ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over eighteen months to two years, ERHC has acquired additional exploration blocks in Chad and Kenya to complement its existing offshore blocks in the Joint Development Zone offshore São Tome and Principé. On May 6, 2013, an important announcement was made regarding ERHC’s [...]
Crude Oil Cuttings (Week Ended 4/26/13)

CRUDE OIL INVENTORY/’000 bbls (Week Ended 4/3/13) Current: 395,284 Actual Build/(Withdrawal): 6,696 Economist Average Estimate: 1,018 Previous: 388,588 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Bakken, Three Forks Has More Oil Than 2008 Estimate: USGS – Bloomberg Oil resources in shale formations of North Dakota, Montana and nearby states are 7.4 billion barrels, [...]