Thursday, August 15, 2024

Parsley Energy Keeps the Green Coming

FY2017 CapEx of $1.2 billion: 40 wells to be placed on production each quarter in 2018 Parsley Energy, Inc. (ticker: PE) has released certain full-year 2017 results and an operational update for its Wolfcamp C delineation program. Q4 and FY2017 results Parsley expects full-year 2017 net production of 68 MBOEPD, up 78% relative to full-year 2016 net production. Additionally, Parsley

Gulfport Energy’s ~$800 Million CapEx to Fall Within Cash Flow

Gulfport Energy Corporation (ticker: GPOR) has announced that: 2018 CapEx budget will be funded within cash flow, $100 million outstanding common stock will be repurchased this year, 2018 operational outlook forecasts 1,250 MMcfe/d 2018 CapEx and production guidance The 2018 budget includes approximately $630-$685 million for D&C activities and approximately $140-$150 million for non-D&C activities, including midstream capital expenditures associated

U.S., Poland Oppose Nord Stream 2 Gas Pipeline Linking Russia’s Gas to Europe

From AP/Washington Post WARSAW, Poland — The United States and Poland on Saturday took a strong stand against a planned gas pipeline linking Russia to Germany, saying it is part of a Kremlin scheme to politicize energy and undermine attempts to make Europe less dependent on Moscow. U.S. Secretary of State Rex Tillerson and Polish Foreign Minister Foreign Minister Jacek

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