Friday, November 29, 2024

Earthstone Energy to Present at The Oil and Gas Conference

Earthstone Energy, Inc. (NYSE: ESTE) Company Overview The Woodlands, Texas-based E&P company is focused on development and production of oil and natural gas with current operations in the Midland Basin (~26,700 core net acres) and the Eagle Ford (~16,000 core net acres). The company has 195 gross producing wells and reported almost 10,000 BOEPD production in Q1. Summary Q1-2018 Revenue:

Rig Count Rises in Sedate Week

Texas, U.S. adds two rigs Drilling activity rose in the U.S. again this week, according to the latest edition of Baker Hughes Weekly Rig Count. Shifts in activity were minor across the board this week, as most rigs simply continued drilling. One land-based and one inland waters rig began drilling this week, while offshore rigs held flat. There are now

Presenting Companies at The Oil and Gas Conference: Canyon Creek Energy

Canyon Creek Energy (Private) Company Overview Tulsa’s Canyon Creek Energy is a privately held E&P with operations in the Arkoma Basin. In April 2018 Canyon Creek entered a joint development agreement with Pivotal Petroleum Partners II LP to jointly fund Arkoma STACK development on Canyon Creek’s acreage. The plan is to drill 18 wells in 2018, specifically targeting the Woodford

Even with 955 DUCs Awaiting Completion, North Dakota has Record Month

Permian and Anadarko Basins are competition for capital and workforce The North Dakota Industrial Commission’s Department of Mineral Resources has released its production report for the month of May and the NDIC reports new all-time highs. Oil production: 1,244,629 barrels/day (New all-time high) Gas production: 2,318,754 MCF/day (New all-time high) Producing Wells: 14,755 (New all-time high) North Dakota rig count

Ascent Resources Acquires $477 Million of Natural Gas and Oil Leasehold Interests, Fee Minerals and Related Assets

Ascent Resources, LLC announced that it has completed the previously announced acquisition of natural gas and oil leasehold interests, fee minerals and related assets from Utica Minerals Development, LLC for a total purchase price of approximately $477 million, consisting of approximately $238 million of cash proceeds from a recently completed equity raise and approximately $238 million in common equity of