EnerCom Dallas presenter Evolution Petroleum Corporation (ticker: EPM) provided updated operating results for its Delhi field. Gross oil production for the quarter ended December 31, 2017 averaged almost 7,400 BOPD, up from approximately 6,900 BOPD in the prior quarter. Field production recovered from lower levels seen in the late summer that were caused by hot weather and facility downtime. Production
Evolution Petroleum Corp. (ticker: EPM) has built its foundation asset in the Delhi field in NE Louisiana. Delhi is a unique, producing asset that delivers positive free cash flow—consistently. The field is currently under CO2-EOR development. The company’s reserves report indicates that Evolution has approximately 10.8 MMBOE in total proved reserves as of June 30th, 2016. The Delhi field production
Denbury Resources will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Tuesday, August 16, 2016. Denbury Resources is an upstream oil and gas operator primarily focused on carbon dioxide enhanced oil recovery methods. The company’s portfolio of assets is split between the Rocky Mountain region and the Gulf Coast region. Denbury operates mature fields by utilizing
Evolution Petroleum Maintains 4.5% Dividend Evolution Petroleum (ticker: EPM) presented at EnerCom’s The OilServices Conference 14 in San Francisco on March 9, 2016. Evolution’s principal assets include a CO2-EOR project in Louisiana’s Delhi Field and patented technology designed to extend the life and increase ultimate recoveries of depletion drive oil and gas wells. The company reported an 18% decrease in
Total Net Revenue Interest Heads to 26.5% It’s a good week for Evolution Petroleum (ticker: EPM). Denbury Resources, Inc. (ticker: DNR) operator of Delhi Field in northeast Louisiana, in which Evolution Petroleum Corporation has economic interests, has informed Evolution of its preliminary determination that payout occurred during the month of October 2014. Consequently, Evolution earned its reversionary working interest of
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