Sunday, December 29, 2024

Final Week of Voting in Colorado: COGCC Hears from Both Sides of Proposition 112 Issue

Ballots counted are rising: Colorado Sec. of State reports 801,000 ballots have been received to date – Dems and Republicans close gap to within 1,000 of one another – one week remains  With only one week to go before final results are tallied, the Colorado Oil and Gas Conservation Commission’s (COGCC) regular meeting on Oct. 29 provided a public platform

$3.98 Billion Deal Creates Major Eagle Ford Player

Second Eagle Ford deal in two days Chesapeake Energy (ticker: CHK) announced a major acquisition today, buying Eagle Ford operator WildHorse Resource Development (ticker: WRD). WildHorse holds a large position in the northern portion of the Eagle Ford, near a portion of Chesapeake’s acreage in the play. The company is currently producing 47 MBOEPD from its 420,000 net acres in

STACK’s Where It’s At: Continental Plans More Wells While Spending 25% Less

18 STACK wells had combined 24-hour IP of 74,260 BOEPD Continental Resources (ticker: CLR) announced third quarter results today, showing net income of $314.2 million, or $0.84 per share. After adjusting for impairments and other special charges, Continental earned $337 million in Q3, up 23% from Q2. Continental produced 296.9 MBOEPD in Q3, above expectations. The company plans to continue