Monday, November 18, 2024

Hess Announces Liza Development on Schedule

Bakken production up, drilling accelerating Hess (ticker: HES) reported second quarter results today, showing a net loss of $130 million, or $0.48 per share. This result significantly exceeds the $449 million loss Hess took in Q2 2017, primarily due to higher oil prices and lower operating expenses. Considered in isolation, Hess’ E&P business segment earned $31 million in Q2, compared

Nuvista Energy Presenting at The Oil and Gas Conference

NuVista Energy Ltd. (TSE: NVA) Company Overview NuVista is pure play oil and gas E&P engaged in the Western Canadian Sedimentary Basin focused on the Montney located in the Alberta Deep Basin (Wapiti Montney). 947 wells + locations In March, closed on $220 million of senior unsecured notes Summary Q1-2018 Revenue: $ 118 million Q1-2018 Production: 36 (MBOE/day) Total Common Stock Outstanding: 174