North American Energy Partners Inc. Announces Share Purchase Program in Canada and the United States
August 9, 2017
North American Energy Partners Inc. Announces Share Purchase Program in Canada and the United States
Enform announces Cameron MacGillivray to retire; new Chief Executive Officer and President appointed
August 9, 2017
Enform announces Cameron MacGillivray to retire; new Chief Executive Officer and President appointed
Production Up, Coiled Tubing Revenue Up 70%, Acquisitions, and a Super Pad: EnerCom presenters NOG, KEG, MPO, PVAC talk 2Q
August 9, 2017
Four presenters at EnerCom’s 22nd The Oil & Gas Conference® announced earnings and operational updates for Q2. Northern Oil and Gas Northern Oil and Gas (ticker: NOG) said that its average production had grown 4% from the first quarter to the second, up to 13,794 BOEPD. The company produced a total of 1,255,280 BOE over the course of the quarter.
Cimarex Energy on Track for ~$700 Million Permian Spending in 2017
August 9, 2017
Cimarex Energy (ticker: XEC) announced net income of $97.3 million during its second quarter conference call today—a significant turnaround from its Q2, 2016 loss of $214.4 million. The company produced near the high end of its expected Q2 guidance, with an average of 1.156 Bcfe per day—or approximately 192.7 MBOE per day. The company’s production climbed nine percent over its
Stuart Olson Reports Second Quarter 2017 Results and Declares Quarterly Dividend
August 9, 2017
Stuart Olson Reports Second Quarter 2017 Results and Declares Quarterly Dividend
Keyera Corp. Announces Second Quarter 2017 Results
August 9, 2017
Keyera Corp. Announces Second Quarter 2017 Results
Sanchez Energy Production Climbs 43% Over Q1, Company Expects to Complete all 132 Gross DUCs within 12 Months of Anadarko Acquisition Close
August 9, 2017
EnerCom presenter SN brings in 3,800 BOEPD Comanche well It seems like the majority of shale producers have been reporting significant increases in production for Q2 over Q1, and Sanchez Energy (ticker: SN) is no exception. Sanchez announced second quarter results today, showing net income of $24.2 million, or $0.31 per share. Sanchez produced about 73,341 BOEPD this quarter, which
Lanesborough REIT reports 2017 second quarter results
August 9, 2017
Lanesborough REIT reports 2017 second quarter results
Continental Increases Bakken Type Curve, Guidance
August 9, 2017
Expected EUR up 12% Continental Resources (ticker: CLR) announced second quarter results today, showing a net loss of $63.6 million, or ($0.17) per share. After adjusting for impairments and other special charges, the company’s adjusted net loss is $1.8 million. These results both exceed Continental’s Q2 2016 results, which were a net loss of $119.4 million and an adjusted loss
Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics
August 9, 2017
Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers are proving that they can make money when oil is approaching $50 per barrel. Rig counts are up across the
South Korea’s SK Energy Buys First U.S. Crude Oil in Move Away From Middle East
August 9, 2017
From Reuters South Korea’s top refiner SK Energy is buying its first-ever continental U.S. crude oil shipment as producer club OPEC’s output cuts raise MidEast prices, giving other suppliers a chance to compete for the world’s juiciest oil market – Asia. One of Asia’s biggest fuel importers, SK Energy said it will import 1 million barrels of U.S. WTI Midland
Is The Future Still Bright For The Permian?
August 9, 2017
From Forbes Last week, the aggregate market cap of pure-play Permian producers fell by approximately $9 billion as the stock prices declined by an average of 10% in one week. Why such a dramatic market cap decline? First, Pioneer Natural Resources, one of the largest acreage holders and leading operators in the Permian, unexpectedly announced a change to its well
