May 12, 2014

Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

May 12, 2014

Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin as a pure play Bakken E&P. The company holds 506,960 net acres in the Bakken along with 219 MMBOE in proved reserves having a PV-10 value of $5.2 billion.

CAMAC Energy Nears Start of Oyo Field Production, Expects 14 MBOEPD by End of 2014

May 12, 2014

CAMAC Energy Inc. (ticker: CAK) is a Houston-based oil and gas company engaged in the exploration of offshore oil and gas leases in deep water Nigeria. The company is preparing to develop and exploit two separate wells in the Oyo Field and generate a total of 14 MBOEPD. In the past year, CAK has acquired the remaining interests in blocks

Sanchez Energy More than Triples Revenue in Q1’14

May 12, 2014

Sanchez Energy Corporation (ticker: SN), based in Houston, Texas, expects to double production in 2014 compared to 2013 and is allocating 90% of expenditures to development in the Eagle Ford Shale. Its growing knowledge of the shale is reducing capital costs, which were reduced by $50 million in an update in March 2014. SN expects to drill and complete 70

PetroQuest Increases Quarterly Revenue and Sales; Woodford Project Continues to Exceed Company Expectations

May 12, 2014

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico. The company has transitioned from gas opportunities to a liquids-rich focus and expects 2014 to be its best year in company history. PQ

Emerald Oil Boosts EURs Again; Expects 100% of Acreage to be Held by Production by Year-End 2014

May 12, 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is dedicated to acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. The company sold substantially all of its non-operated assets in 2013 to become a fully focused Williston operator. In OAG360’s March 17,

Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

CAMAC Energy Nears Start of Oyo Field Production, Expects 14 MBOEPD by End of 2014

Sanchez Energy More than Triples Revenue in Q1’14

PetroQuest Increases Quarterly Revenue and Sales; Woodford Project Continues to Exceed Company Expectations

Emerald Oil Boosts EURs Again; Expects 100% of Acreage to be Held by Production by Year-End 2014

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