Oil and Gas 360 HOUSTON, TX / ACCESSWIRE / May 15, 2023 / PEDEVCO Corp. (NYSE American:PED) (“PEDEVCO” or the “Company”), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended March 31, 2023 and provided an operations update. Key Highlights Include: Produced an
Oil and Gas 360 Northern Oil and Gas, Inc. Announces Business and Operations Update HIGHLIGHTS Reaffirms mid-point of Q4 2020 production guidance and narrows range to 34,000 – 36,000 Boe per day Reiterates 2021 $40+ WTI base case outlook $178 million of debt reduction in 2020 Retired $65 million, or 50%, of the Unsecured VEN Bakken Note on January
Houston-based Cabot Oil & Gas (ticker: COG) provided an operational update for its third quarter yesterday, in light of the in-service date delay for the Atlantic Sunrise Project from August 2018 to October 6, 2018. Notable points in the operational update: Expected net production for 3Q 2018 of 2,029 Mmcfe/d. 7% sequential increase in daily net production relative to 2Q
Hedge book’s mark-to-market value listed at $3.1 billion Attractive hedges have the ability to make a significant impact on company balance sheets, and its positive effects (along with access to favorably priced markets) are apparent in a January 13 business update from Antero Resources (ticker: AR). The Appalachia-focused producer reported a realized natural gas price (after settled commodity derivatives) of
Utica Accounts for 25 of Antero’s 31 Drilled Wells in Q3’15; Up to 50 Deferred Completions Figure in 2016 Guidance Management of Antero Resources (ticker: AR) believes the company can achieve year-over-year growth of 25% to 30% in 2016, based on preliminary targets released in an operations update on October 13, 2015. The significant jump is planned on top of
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
Sanchez Energy Corporation’s (ticker: SN) development of its Catarina assets in the Eagle Ford (EF) are exceeding company expectations, SN management said in a news release on December 10, 2014. The Catarina, acquired from Royal Dutch Shell (ticker: RDS.B) in May 2014 for a price of $639 million, instantly doubled Sanchez’s asset base and production volumes. Announced production is currently
Torchlight Energy (ticker: TRCH) is an oil and gas exploration production company with the bulk of its properties in the Mid-Continent. It holds a minority interest in a large percentage of its wells and strategically farms out its operations to third parties, where TRCH then monitors operations and associated costs. In an operations update call on July 16, 2014, Will
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. The company has largely transitioned from gas drilling to focusing on liquids-rich projects and expects 2014 to be its best year in company
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, Wyoming, Texas, South Louisiana and the shallow waters of the Gulf of Mexico. Woodford Wells Beat Type Curve In an operations update on April 7, 2014, PetroQuest announced six wells were placed online
Saratoga Resources, Inc. (ticker: SARA) today provided an update on the status of previously announced drilling operations as well as guidance regarding certain anticipated year-end 2012 financial results and hedging information. With respect to the previously announced SL 195 QQ-25 “Roux Toux” well in Main Pass Block 47 Field, the well was drilled to a total depth of 8,453 feet
Saratoga Resources, Inc. (ticker: SARA) today provided an update on recent drilling activities, including the results of the previously announced SL 195 QQ-209 “Buddy” development well and results of recompletion operations on the previously announced MP-47 SL 195 QQ-24 “Roux” well. The Buddy development well in Grand Bay Field was drilled to a total depth of 6,820 feet MD/TVD and
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