February 24, 2015 – Oil & Gas 360

PetroQuest Energy Issues 2015 Forecast with Production & Reserves at Record-Highs

February 24, 2015

PetroQuest Energy (ticker: PQ), a micro-cap E&P focused on the Midcontinent and Gulf Coast regions, enters fiscal 2015 with its production volume and booked reserves at the highest in company history. Fiscal 2014 volumes of 118.7 MMcfe/d and reserves of 397 Bcfe (77% gas) represent respective increases of 14% and 23% compared to 2013. The company estimates it replaced approximately

Unit Corporation Reports 2014 Fourth Quarter & Year End Results

February 24, 2015

Unit Corporation (NYSE: UNT) today reported its financial and operational results for the fourth quarter and year end 2014. For the year, Unit achieved a number of significant milestones: Record consolidated revenues of $1.6 billion Record proved reserves of 1.1 Tcfe (179.0 MMBoe), a 12% increase over 2013 Record annual production of 18.3 MMBoe, a 9% increase over 2013 Record

Range Resources Reports 2014 Results

February 24, 2015

FORT WORTH, TX — (Marketwired) — 02/24/15 — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its 2014 financial results. 2014 Highlights – Record annual average daily production of 1,162 Mmcfe per day, an increase of 24% over 2013 Record adjusted annual cash flow of $1 billion, an increase of 10% over 2013 Unit costs reduced by $0.35 per mcfe or

Panola Pipeline to Provide Additional 50 MBOPD of NGL Capacity to Mont Belvieu

February 24, 2015

Enterprise, MarkWest, DCP, Anadarko Join Forces on Texas Pipe A joint venture to expand the Panola Pipeline was finalized on February 24, 2015, according to a press release by operator Enterprise Products Partners (ticker: EPD). Per the terms, EPD will retain a majority interest of 55% of the pipeline, while DCP Midstream Partners (ticker: DPM), Markwest Energy Partners (ticker: MWE)

Husky Energy Files Base Shelf Prospectus

February 24, 2015

CALGARY, AB–(Marketwired – February 24, 2015) – Husky Energy Inc. (TSX: HSE) has filed a final Short Form Base Shelf Prospectus with applicable securities regulators in each of the provinces of Canada, effective February 23, 2015. The Shelf Prospectus will enable Husky to offer up to $3 billion of various financial securities in Canada until March 22, 2017. This filing renews

Colorado Oil and Gas Task Force Holds Final Meeting Today Amid Protests

February 24, 2015

Will deliver policy recommendations to Gov. Hickenlooper this week The Colorado Oil and Gas Task Force is holding its final meeting today in order to discuss amendments to the recommendations it plans to send to Governor Hickenlooper later this week. The task force is meeting from 9 a.m. till 4 p.m. Feb. 24. No votes will be taken on the

New York’s Southern Tier Threatens Secession over Governor’s Frac Ban

February 24, 2015

Southern Tier threatens to leave NY for PA: Everybody over the border has new cars, new roofs, new siding Following a decision in December of last year to ban hydraulic fracturing in New York, several towns in New York’s Southern Tier are threatening to secede from the state in order to join Pennsylvania. The towns sit on top of a

Magnum Hunter Resources Chairman and CEO to Present at the Credit Suisse 20th Annual Energy Summit

February 24, 2015

Magnum Hunter Resources Chairman and CEO to Present at the Credit Suisse 20th Annual Energy Summit

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