Tuesday, February 11, 2025

PetroShare Corp. Spools Up Activity in the Wattenberg

With a pure-play focus in the Niobrara and Codell formations in the Wattenberg field, PetroShare (ticker: PRHR) holds approximately 9,900 net acres in northeastern Colorado. Petroshare has divided its focus between its Todd Creek Farms acreage and its Buck Peak Prospect. Both locations target oil and gas—with the Buck Peak displaying potential for coal bed methane and conventional gas production.

WildHorse Resource Development: Potential in Eagle Ford, Step-Outs in N. Louisiana

WildHorse Resource Development (ticker: WRD) oversees operations primarily in the Eagle Ford Shale and Cotton Valley formations in East Texas and North Louisiana, respectively. The company expects that it will produce between 27 and 31 MBOEPD in 2017—a significant jump in production from an average 17.6 MBOEPD in Q1, 2017. WildHorse’s Eagle Ford asset In the Eagle Ford play, WildHorse holds

Greece, Israel, Cyprus to Speed Up Mediterranean Pipeline Efforts

From Reuters Greece, Israel and Cyprus said on Thursday they would speed up plans for the development of a pipeline channeling gas to Europe from newly discovered east Mediterranean reserves. European governments and Israel agreed in April to move forward with a Mediterranean pipeline project to carry natural gas from Israel to Europe, setting a target date of 2025 for

Tanker Firm Frontline Expects Rise in Storage of Oil on Vessels

From Reuters Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used for storing crude in anticipation of higher oil prices, its chief executive told Reuters on Friday. While none of Frontline’s own vessels are currently used for this purpose, independent shipbrokers estimate that around 10 of the world’s very large crude