February 26, 2018 – Page 2

Haynesville producer Comstock Resources, Inc. (ticker: CRK) produced 22 Bcf of natural gas and 214,000 barrels, or 23.5 Bcfe in the fourth quarter of 2017. Natural gas production averaged 241 MMcf/d, reflecting growth of 90% from pro forma natural gas production in the fourth quarter of 2016 (excluding the divestitures completed in 2016). According to Comstock, the growth in natural

Apache Returns to Profitability in 2017

February 26, 2018

Permian production breaks two-year record at 178 MBOEPD Apache (ticker: APA) announced fourth quarter results and reserves on Thursday, showing net earnings of $456 million, or $1.19 per diluted share for the quarter. Apache earned a total of $1.3 billion in 2017, marking a return to profitability for the company. Apache produced an average of 440 MBOEPD in Q4 2017,

Ensco plc Reports Fourth Quarter and Full-Year 2017 Results

February 26, 2018

Ensco plc Reports Fourth Quarter and Full-Year 2017 Results

Sanchez Energy Expects 29% Production Growth While Decreasing Spending by $100 Million

February 26, 2018

$450 million capital budget for 2018 Eagle Ford juggernaut Sanchez Energy (ticker: SN) reported fourth quarter results and year end reserves today, reporting a net loss of $79.4 million, or ($1.01) per share, for the quarter and a net loss of $35.1 million, ($0.46) per share, for 2017. Most of this quarterly loss is due to losses on derivatives, and

Permian Basin Economic Indicators

February 26, 2018

The Federal Reserve Bank of Dallas reported that wages in the Permian Basin fell for the second quarter in a row after spiking in first quarter 2017. The rig count and crude oil production rose in January, the Fed said. Wages Average weekly wages fell 0.3% in the Permian Basin, while wages fell by almost 1% statewide between second quarter

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