December 10, 2013

QEP Acquires Permian Basin Assets for $950MM; Adds 264 Drilling Locations on 26,519 Net Acres

December 10, 2013

QEP Resources, Inc. (NYSE:QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, the Texas Panhandle, and Louisiana) of the United States. Since its spinoff from the regulated utility Questar Corporation in 2010, QEP Resources

Barclays Estimates Global E&P Spending to Set Record in 2014; Horizontal Drilling in the Permian Pace North American Growth

December 10, 2013

Global exploration and production spending is poised to reach $723 billion in 2014, according to a 2014 Global E&P Spending Report by Barclays on December 9, 2013. The record will mark the first time spending has eclipsed the $700 billion mark, and represents an increase of 6.1% in regards to 2013’s total of $682 billion. Barclays estimates the United States

Magellan Petroleum’s CO2 Injection Program Highlights Operations in the Williston Basin

December 10, 2013

Magellan Petroleum Corporation(ticker: MPET) is an independent oil and gas exploration and production company with assets in the US, Australia, and the UK. The Company is primarily focused on the development of a CO2-enhanced oil recovery (CO2-EOR) program at Poplar Dome in eastern Montana. The Poplar, acquired by Magellan in 2009, is the largest geologic structure in the western Williston

CAMAC Energy Catalyst Report: Secures Rig Contract for Its Oyo Field Offshore Nigeria

December 10, 2013

CAMAC Energy Inc. (ticker: CAK) is a U.S.-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The Company was founded in 2005 and has offices in Houston, Texas, Nairobi, Kenya, Banjul, Gambia and Lagos, Nigeria. On December 9, 2013, CAMAC Energy announced the signing of a letter of intent for

New EE3 North Park Basin Niobrara Well Averages 685 BOEPD Over 30 Days

December 10, 2013

EE3 LLC is an independent oil and gas exploration and production company headquartered in Boulder, Colorado. The company has amassed more than 100,000 net acres in the North Park Basin (Jackson County, Colorado) to prove up a new horizontal Niobrara concept. Damfino #02-06H Produces 20,542 BOEs in 30 Days Today EE3 announced the highest reported 30-day initial production rate of a horizontal

QEP Acquires Permian Basin Assets for $950MM; Adds 264 Drilling Locations on 26,519 Net Acres

Barclays Estimates Global E&P Spending to Set Record in 2014; Horizontal Drilling in the Permian Pace North American Growth

Magellan Petroleum’s CO2 Injection Program Highlights Operations in the Williston Basin

CAMAC Energy Catalyst Report: Secures Rig Contract for Its Oyo Field Offshore Nigeria

New EE3 North Park Basin Niobrara Well Averages 685 BOEPD Over 30 Days

Premium Content