Tuesday, November 26, 2024

Equal Energy Ltd. Exits Mississippian Chasing Returns Elsewhere in Oklahoma

Equal Energy Ltd. (ticker: EQU) sold its interests in Grant, Garfield and Alfalfa Counties, Oklahoma, to Atlas Resources Partners LP (ticker: ARP) for US$40 million. The Northern Oklahoma assets include production of 1,400 BOEPD (73% natural gas, 25% NGL, 2% oil), related infrastructure and interests in approximately 8,550 acres. Flashback: In April 2012, EQU sold 50% of its interest in

Equal Energy Reports Q1'12 Results; Strategic Review Underway

Equal Energy Ltd. (TSX, NYSE: EQU) is an exploration and production oil and gas company with producing properties in Alberta and Oklahoma. EQU’s current production stream is comprised of approximately 13% crude oil, 38% NGLs and 49 % natural gas. The company is currently focused on its liquids rich assets in Oklahoma (Hunton and Mississippian plays), but EQU also has

Equal Energy Reports Q4'11 and Year-End Results; Grows Production 29% (Q4/Q4)

Equal Energy (NYSE: EQU, TSX: EQU) announced its Q4’11 and year-end 2011 financial and operating results for the period ended December 31, 2011. During Q4’11, EQU reported oil and gas revenues increased 22% to $42.4 million, as compared to $34.7 million during the same period in 2010. During the full-year 2011, the company reported oil and gas revenues increased 14%