Friday, January 3, 2025

Erin Energy Reports YE 2017 – Revenues Up 30%

Erin Energy Corporation (ticker: ERN) announced unaudited financial and operational results for the year ended December 31, 2017. Full year 2017 revenues were $101.2 million, increasing by approximately 30% from $77.8 million in 2016. Fourth quarter 2017, revenues were $21.7 million compared to $21.1 million for the same period in 2016. Erin Energy reported a net loss of $151.9 million

Energy XXI Gulf Coast Will Drill Six New Wells in 2018 – New Ticker as of Mar. 21: EGC

Earlier today Energy XXI Gulf Coast (ticker: EXXI) reported financial and operational results for the fourth quarter and full year 2017. In addition, the company announced that it will change its Nasdaq ticker symbol on March 21, 2018, from EXXI to EGC. Highlights from Q4 2017 Produced an average of approximately 27,600 barrels of oil equivalent (“BOE”) per day (77%

Gastar Exploration Positioned to Become Pure-Play STACK Operator

With the sale of its West Edmund Hunton Lime Unit (WEHLU) closed in February 2018, Gastar Exploration (ticker: GST) is now positioned to become a pure-play Oklahoma STACK Play operator. In the STACK play, Gastar is targeting two producing formations: Osasge and Meramec. Operational update According to Stephen Roberts, Senior Vice President and Chief Operating Officer, “As compared to the

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020 - Oil & Gas 360

Colorado’s New Top Oil & Gas Regulator Could Have a Very Busy Monday

Anti-frac advocates could overwhelm hearing The new boss at Colorado’s key energy regulator, the Colorado Oil and Gas Conservation Commission, may have her hands full on Monday—May 19—when the commission holds a hearing and opens the floor to the public to give comments. New COGCC Director Julie Murphy told the Denver Business Journal last month that she was looking forward