Earnings – Page 606 – Oil & Gas 360

Saratoga Resources Moving Forward on Horizontal Drilling Program, Continues to Hold High Working Interest in the GOM

April 2, 2014

Saratoga Resources (ticker: SARA) is an independent exploration and production company with offices in Houston, Texas and Covington, Louisiana. Principal holdings cover 51,901 gross/net acres with 60% held by production, located in the transitional coastline and protected in-bay environment on parish and state leases of south Louisiana and in the shallow Gulf of Mexico Shelf. Saratoga expanded its boundaries in

Torchlight Energy Prepares for Transformational 2014

April 1, 2014

Torchlight Energy Resources (ticker: TRCH) is a high growth oil and gas exploration and production (E&P) company with a primary focus on acquisition and development of domestic oil fields. Since going public in 2010, Torchlight has established itself in four separate regions across the mid-continent, focusing on liquids production from proven areas. Rather than explore, the company uses its geologic

Harvest Natural Resources Reports Fourth Quarter and 2013 Earnings Results

March 20, 2014

Harvest Natural Resources, Inc., (ticker: HNR) headquartered in Houston, Texas, is an independent energy company with primary assets in Venezuela and exploration assets in Indonesia, West Africa and China. Harvest announced its net oil sales for Q4’13 were 3,964 BOE, according to its earnings release on March 17, 2014. The sales, coming entirely from its assets in Venezuela (Harvest owns

Miller Energy Resources Reports Fiscal Q3’14 Results; Oil Production Hits New Highs

March 19, 2014

Miller Energy Resources, Inc. (ticker: MILL) is an oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Miller’s focus is in Cook Inlet, Alaska and in the heart of Tennessee’s Appalachian Basin. Steady Production Increases from New Wells Miller Energy’s production for the fiscal third quarter of 2014, which ended

Acorn Energy Builds Backlog, Finding Niche in Microseismic Market

March 19, 2014

Acorn Energy Inc. (ticker: ACFN) is a holding company whose four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency-factors which can lead to greater profitability. US Seismic supplies fiber optic sensing solutions to increase oil/gas production and lower costs. DSIT provides security solutions from underwater threats to naval and marine based energy assets. GridSense® and OmniMetrix™

Williston-Focused Emerald Oil Rapidly Growing Production; Focused on Cost Efficiencies

March 17, 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is dedicated to acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. The company sold substantially all of its non-operated assets in 2013 to become a fully focused Williston operator. Recent Earnings Results Emerald

Resolute Energy Boosts Production Rates, Focused on Permian Oil in 2014

March 13, 2014

Resolute Energy Corp. (ticker: REN) is engaged in the acquisition, development and production of onshore domestic hydrocarbons, principally crude oil. Resolute’s producing assets are the Aneth Field in the Paradox Basin of Utah and Hilight Field in the Powder River Basin of Wyoming, in the Permian Basin of West Texas and in the Bakken trend in the Williston Basin of

ExxonMobil Analyst Day: Production Estimates Drop, Unconventional Potential Rises

March 7, 2014

ExxonMobil (ticker: XOM), the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. ExxonMobil ‘s fiscal 2013 production averaged 4.0 MMBOEPD,

Sanchez Energy Increases Year-over-Year Production by 904%; Sets Company Revenue Record

March 6, 2014

Sanchez Energy Corporation (ticker: SN) is a Houston, Texas, based, growth oriented, independent exploration and production company focused on the exploration, acquisition, and development of oil resources in the onshore U.S. Gulf Coast with a current focus on the liquids-rich Eagle Ford Shale, Austin Chalk, Buda Limestone, Pearsall Shale and Tuscaloosa Marine Shale. Sanchez Energy’s aggressive drilling program from 2013

American Eagle Energy Increases Quarterly Production by 38%; Working Interest Continues to Rise

March 5, 2014

American Eagle Energy Corporation (ticker: AMZG) is a Williston Basin focused E&P company engaged in the exploration and production of petroleum and natural gas in North America. The company operated under the name Eternal Energy Corp. until December 2011 when it changed its name to American Eagle Energy Corporation upon its acquisition of American Eagle Energy Inc. American Eagle announced

SandRidge Energy Prepares to Drill 460 Horizontal Wells in Mid-Continent for 2014 Operations; Details from 7th Annual Analyst Day

March 5, 2014

SandRidge Energy (ticker: SD) is an oil and natural gas company headquartered in Oklahoma City, Oklahoma, with its principal focus on exploration and production in the Mid-Continent, Permian Basin, Gulf of Mexico, West Texas Overthrust and Gulf Coast. SandRidge reported net income of $14.9 million in Q4’13, according to its quarterly earnings release on February 28, 2014. Operating cash flow

PetroQuest Energy Nearly Doubles Proved Reserves in 2013; Prepares for Production Boost in 2014

March 3, 2014

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico. PetroQuest Energy announced income of roughly $2.3 million for Q4’13, according to an earnings release on February 27, 2014. Income for fiscal 2013

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