Sunday, November 24, 2024
Pipeline

Gas Bottleneck in Permian Widens Price Differential

According to the EIA’s most recent Drilling Productivity Report, the natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown dramatically thanks to increased Permian production. Natural gas prices at Waha are approximately one dollar per MMBtu lower than Henry Hub

The Oil and Gas Conference Presenting Companies: BNK Petroleum

BNK Petroleum, Inc. (TSE: BKX) Company Overview BNK Petroleum is an international energy company focused on finding and exploiting largely unconventional oil and gas reserves. BNK has producing properties concentrated in the Ardmore basin of Oklahoma (SCOOP). The company has its registered office in Vancouver, Canada with its corporate office in Camarillo, California. Summary Q1-2018 Revenue: $5 million Q1-2018 Production:

Northern Oil and Gas Reduces $9.9 Million of Par Value Notes

Northern Oil and Gas, Inc. (NYSE American: NOG) announced that it has entered into an additional independent, separately negotiated exchange agreement with an institutional holder of its 8% senior unsecured notes due 2020. The agreement represents a debt reduction of $9,943,000 par value of Notes. Through this and other recently announced exchanges, Northern has now entered into agreements to retire