World Oil (Bloomberg) – Matador Resources Co. plans to pump more oil in 2024 than it originally expected, a sign that wells in the western section of the Permian basin – the most prolific U.S. oil field – are surprising drillers to the upside and bolstering national supply. Through the first six months of the year Matador has already surpassed
This news release constitutes a “designated news release” for the purposes of the C…
Vancouver, British Columbia–(Newsfile Corp. – June 27, 2024) – Permex Petroleum Corporation (CSE…
Toronto, Ontario–(Newsfile Corp. – June 26, 2024) – Advantagewon Oil Corp. (CSE: AOC) (OTC Pink:…
Oil and Gas 360 Publisher’s Note: Ring Energy will be a presenter at the upcoming EnerCom Denver – The Energy Investment Conference on August 18-21, 2024. Register to attend. THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departure of two senior
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CNBC Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in state-controlled oil giant Aramco, after the stock was priced at the lower end of its expected range. The company on Friday said it will price the 1.545 billion of shares on offer at 27.25 Saudi riyal ($7.27) apiece, with the sale expected
Oil and Gas 360 MIDLAND, Texas–(BUSINESS WIRE)– ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) today announced the acquisition of Aqua Prop LLC (“Aqua Prop”), an innovative provider of cost-effective wet sand solutions. The all cash acquisition, initially valued at $35.6 million, net of working capital, advances ProPetro’s commitment to delivering more integrated and industrial solutions while adding value
Oil and Gas 360 FORT WORTH, Texas and MIDLAND, Texas, May 30, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or “HPK”) (NASDAQ: HPK), a leading independent oil and natural gas company, has recently completed and commissioned a new solar facility, the WildHorse Solar Farm, in its Flat Top operating area. The WildHorse Solar Farm was developed and is owned
Oil and Gas 360 CALGARY, AB, May 29, 2024 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of Management’s Phase 2 net debt1 target, an anticipated increase to Surge’s base dividend, the intention to institute a normal course issuer
Oil and Gas 360 MAY 29, 2024 Download .PDF Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction,
Oil and Gas 360 05/29/2024 HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that SilverBow shareholders have voted to re-elect all three of the Company’s director nominees – Gabriel L. Ellisor, Kathleen McAllister and Charles W. Wampler, based on the preliminary vote count provided by its proxy solicitor following the Company’s 2024 Annual Meeting of
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