Thomas E. Jorden, President, Chairman and Chief Executive Officer of Cimarex Energy (NYSE: XEC), presented today at EnerCom’s The Oil & Gas Conference 20®. Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S. Total company production averaged 1,000 Bcfe/d during the second
Richard Doleshek, Executive Vice President and Chief Financial Officer of QEP Resources, Inc. (NYSE: QEP), presented today at EnerCom’s The Oil & Gas Conference 20®. QEP Resources Inc. 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 Texas and Louisiana) of the United
Mark Hurley, Chief Executive Officer of Blueknight Energy Partners, L.P. (NASDAQ: BKEP), presented today at EnerCom’s The Oil & Gas Conference® 20. Blueknight Energy Partners, L.P. is a midstream energy company focused on providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products. The company reported distributable cash flow of
EIA lowers its price expectations The Energy Information Administration (EIA) lowered its price expectations for West Texas Intermediate (WTI) this week. The EIA’s new price deck expects WTI to average $49 per barrel for 2015, and $54 per barrel in 2016. The EIA’s updated price expectations are $6/barrel lower for 2015, and $8/barrel lower for 2016, than the administration’s previous
Garth Braun, Chairman, President and Chief Executive Officer of Blackbird Energy Inc. (CVE: BBI), presented today at EnerCom’s The Oil & Gas Conference 20®. Blackbird Energy Inc., a junior oil and gas company, engages in the acquisition, exploration, development, and production of petroleum and gas properties in western Canada. In its second quarter 2015 results, Blackbird Energy reported a balance
CRUDE OIL INVENTORY/’000 bbls (Week Ended 8/14/15) Current: 456,213 Actual Build/(Withdrawal): 2,620 Economist Average Estimate: (354) Previous: 453,593 Click here for the chart with five year averages. Click here for an archive of EnerCom’s Inventory Reports. 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
Siren Fisekci, Vice President of Investor and Corporate Relations, and Philip Birkby, Treasurer, of Canadian Oil Sands Limited (TSX: COS), presented today at EnerCom’s The Oil & Gas Conference® 20. Canadian Oil Sands holds a 36.74% interest in the Syncrude project, the largest producer of light, sweet synthetic oil from Canada’s oil sands. As a pure play in Syncrude, Canadian Oil Sands
Chip Johnson, President and Chief Executive Officer of Carrizo Oil & Gas, Inc. (NASDAQ: CRZO), presented today at EnerCom’s The Oil & Gas Conference® 20. Carrizo Oil & Gas, Inc. is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas from resource plays located in the United States. Its current operations are principally focused in
Robert J. Waters, Senior Vice President and Chief Financial Officer at Enerplus Corporation (NYSE: ERF), presented today at EnerCom’s The Oil & Gas Conference 20®. Enerplus is a North American energy producer with a portfolio of high quality oil and gas assets in resource plays that offer significant organic growth potential. In the company’s Q2’15 earnings release, Enerplus increased its
ONEOK, Inc. (OKE) today announced that it has priced an offering to sell $500 million of 7.50 percent senior notes due 2023. The notes will be issued under ONEOK’s existing shelf registration statement previously filed with the U.S. Securities and Exchange Commission. The net proceeds, after deducting underwriting discounts and estimated expenses, are expected to be approximately $487.1 million. ONEOK
Story by Fox News Billionaire investor George Soros, who has demonized fossil fuels for years through his think tanks and political contributions, seems to have warmed up to Big Coal now that stocks are dirt cheap. The left-wing hedge fund legend has raised eyebrows with major purchases of stock in two large coal companies, firms his critics say he helped
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