Wednesday, January 22, 2025
Continental Reesources

Continental Resources Trims 2015 Capital Budget, Reduces Rig Count

Maintains Guidance Despite 12% Budget Cut Citing low commodity prices, Continental Resources (ticker: CLR) cut its 2015 non-acquisition budget to $2.35 to $2.40 billion, down from its previous guidance of $2.70 billion. In a company release, management said the adjustment is designed to “better align spending with cash flow at current commodity prices.” Well completion activity will be deferred barring

Crude Oil Demand Fundamentals - EnerCom

Energy Experts Discuss 2015

Synergy Resources, Earthstone Energy, Fortis Energy Services, Samson Oil & Gas, Wunderlich Securities—Exclusive Video Interviews EnerCom, Inc. today posted new executive video interviews with the following companies: Synergy Resources (NYSE MKT: SYRG) Chief Operating Officer Craig Rasmuson Earthstone Energy (NYSE MKT: ESTE) EVP Corporate Development and Engineering Robert Anderson Fortis Energy Services (Privately held) CEO Nathan Conway Samson Oil &

2015 Evolution Petroleum – Randy Keys

http://youtu.be/VRmmqSN7r2g?list=PLB4OBnlBIitKSbl26OxmrzHVBJwvw4oQf Download Video File Evolution Petroleum (NYSE: EPM) President and CFO Randy Keys speaks to Oil & Gas 360® about Evolution’s debt-free balance sheet, its recently reverted 23.9% working interest in the Delhi Field, and the company’s dividend plans at EnerCom’s The Oil & Services Conference 13™ in San Francisco. … Username or E-mail Password Remember Me     Forgot Password

Fortis Energy Services CEO Nathan Conway - interview with Oil & Gas 360

2015 Fortis Energy Services – Nathan Conway

http://youtu.be/6b__BZskXWI Download Video File Fortis Energy Services CEO Nathan Conway speaks with Oil & Gas 360® about his company’s strong position in the Marcellus and Bakken, Fortis Energy’s business in workovers and recompletions and how Fortis is working within today’s commodities cycle at EnerCom’s Oil & Services Conference™ 13 in San Francisco. …

PetroQuest Energy, Integrated Environmental Technologies and Nighthawk Energy Discuss 2015 Strategy in Exclusive Video Interviews with EnerCom’s Oil & Gas 360®

New executive interviews from EnerCom’s The Oil & Services Conference™ 13 are now posted on Oil & Gas 360® How are oil and gas companies working differently in the present commodity market?  How are companies managing their drilling programs and growth profile?  What do the top executives at leading independent oil and gas companies see on the energy horizon for

2015 Nighthawk Energy – Rick McCullough

Download Video File Nighthawk Energy (LON: HAWK) Executive Chairman Rick McCullough discusses his company’s management team, extensive land position, development plans and well economics in the Denver-Julesburg Basin in this exclusive interview with Oil & Gas 360® at EnerCom’s Oil & Services Conference™ 13. Click here for Nighthawk’s operational and financial metrics on OAG360, created by EnerCom Analytics. …

Capital Spending News

Updates from March 3, 2015 include: Anadarko Announces 2015 Capital Program And Guidance – Click for release. Recap: 2015 guidance of $5.4 to $5.8 billion, down roughly 40% from 2014’s total of $9.3 billion. U.S. onshore activity will get the brunt of the pullback, with APC reducing its short-cycle activity by 40% and deferring the completion of 125 wells. Initial production

Oil prices fall on fading storm impact, Chinese economic data - Oil&Gas360

2015 E&P Guidance: Capital Cuts Across the Board

As expected, the majority of North American E&Ps are slashing budgets in anticipation for 2015 – a year in which the Energy Information Administration forecasts West Texas Intermediate prices at $62.75/barrel. A common theme in 2015 guidance is a focus on established, reliable plays and a pullback in wildcatting and exploration projects. Some companies admitted in their Q3’14 calls that guidance

Bellatrix Sells Non-Core Harmattan Assets for $80 Million

Bellatrix Exploration Announces Revised 2015 Guidance, Achievement of 2014 Production Guidance

Bellatrix Revises 2015 CapEx and Production Guidance Calgary-based Bellatrix Exploration (ticker: BXE) announced the achievement of its 2014 year-end production guidance in a news release on December 22, 2014. The company also  revised its 2015 capital budget to $300 million, down from $400 million, due to the decline in oil prices since June. According to the company, the focus of