Sanchez Energy (ticker: SN) revised its 2015 volume guidance by 2 MBOEPD as a result of higher than expected production volumes and wells tracking above estimated ultimate recovery (EUR) rates, the company said in its Q1’15 earnings release. The Eagle Ford-focused E&P now expects 2015 production to average 42 to 46 MBOEPD, up from initial estimates of 40 to 44
An OAG360® Exclusive: Interview with Gary Herbert, Governor of Utah Listen to the interview. Today, Utah has one of the lowest levels of unemployment in the United States, second only to North Dakota. The impressive levels of job growth the state has seen in the last few years have come under the leadership of Governor Gary Herbert. Utah Governor Gary
Baker Hughes rig count for the week ended May 8, 2015 Total rig counts in the United States fell by just 11 rigs this week, or by just 1%, in one of the smallest week-to-week declines since the price of oil tumbled last November, sending rig counts plummeting. The Baker Hughes (ticker: BHI) rig count for the week ended May
Renewable Energy vs. Fossil Fuels: Sprint or Cross Country? Last week Tesla Motors’ (ticker: TSLA) innovation-infused CEO Elon Musk unveiled the latest offering from the all-electric auto maker: a new home battery. This battery is an enlarged version of the battery used in Tesla electric cars and would be placed in homes to store electrical energy. The benefit of this
The IRS issued a proposed rule on the scope of qualifying income for MLPs In April of 2014, the IRS put a temporary pause on private letter rulings (PLRs) regarding what business qualified for tax-free inclusion in energy master limited partnerships (MLPs). The IRS treats an entity as a partnership so long as 90% or more of the MLP’s gross
Talisman Energy Inc. (TSX: TLM) (NYSE: TLM) announces that the acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed. Under the arrangement, a wholly-owned subsidiary of Repsol has acquired all of the outstanding common shares of Talisman at a price of US $8.00 per share and all of the
Diamondback Energy, Inc. (FANG) (“Diamondback” or the “Company”) announced today the pricing of an underwritten public offering of 4,000,000 shares of its common stock. The 4,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 3,000,000 share offering. The underwriter intends to offer the shares from time to time for sale in one or more transactions on the
Lonestar Resources, Ltd. (ASX:LNR, OTCQX:LNREF) (“Lonestar” or the “Company”) is pleased to announce that shareholders have resoundingly endorsed the Company’s planned consolidation of capital at the Company’s Annual General Meeting held on May 8, 2015, in Perth, Western Australia. Over 96% of the proxy votes cast were in favor of the resolution to consolidate the Company’s shares and options. The
Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) is pleased to announce that it intends to commence a private offering to eligible purchasers, subject to market conditions, of US$250 million in aggregate principal amount of senior unsecured notes due 2020 (the “notes”). Bellatrix intends to use the net proceeds from the offering of the notes to partially repay
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
