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October 18, 2022

Oilfield services giants are primed to post very strong earnings- oil and gas 360

Oilfield services giants are primed to post very strong earnings

October 18, 2022

Oil Price The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectations are for one of the strongest reports in years on the back of higher demand and pricing. The three biggest oilfield services firms, Schlumberger, Halliburton, and Baker Hughes, are set to start

HighPeak Energy, Inc. announces increase to the company’s borrowing base- oil and gas 360

HighPeak Energy, Inc. announces increase to the company’s borrowing base

October 18, 2022

Oil and Gas 360 FORT WORTH, Texas, Oct. 18, 2022 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its bank group, led by Wells Fargo Bank, National Association, (“Wells Fargo Bank”) has increased the Company’s borrowing base to $550 million and aggregate elected commitments to $525 million. Mr. Hightower, Chairman and Chief Executive

President Biden is planning to release more oil from the SPR- oil and gas 360

President Biden is planning to release more oil from the SPR

October 18, 2022

Oil Price The Biden administration is planning to release another 10 to 15 million barrels of crude from the strategic petroleum reserve, Bloomberg reported today, citing unnamed sources in the know. This release would be the latest in the government’s 180-million-barrel program that was announced in March. The SPR release plan will soon come to an end, but U.S. fuel prices are

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