Friday, December 20, 2024

Ultra Petroleum Names CEO

Pinedale-focused Ultra earns $85.2 million in 2018 Brad Johnson, who has been interim CEO at Ultra Petroleum since early in 2018, was appointed president and CEO effective March 1, 2019. Johnson will continue as a board member. Ultra Petroleum Names Brad Johnson as president and CEO. “Brad has demonstrated the ability to lead the company in an effective and efficient manner

Ultra Petroleum Appoints CFO, General Counsel – Reports Q3 Profits

Pad drilling program for Pinedale vertical wells is lowering costs Ultra Petroleum Corp. (ticker: UPL) has appointed two officers. David Honeyfield has been named CFO, and Andrew Kidd was named general counsel. David Honeyfield has more than 25 years of experience in the energy and natural resources fields with a strong background in accounting and the corporate management of public oil and gas companies,

QEP Resources Adds $732 Million of New Permian Acreage

EnerCom conference presenter QEP adds 730 potential Hz drilling locations in the new acreage QEP Resources (ticker: QEP) followed its southwestern Wyoming Pinedale anticline divestiture with an acquisition of more acreage in the Permian. QEP said its subsidiary company, QEP Energy Company, had purchased 13,800 net acres in Martin County, Texas, for a sum of $732 million. The new purchase

QEP Resources Has 5 Rigs Drilling the Permian, 1 in the Williston, 1 in the Pinedale Anticline

‘Tank’ completions in the Spraberry, Wolfcamp; and 20-24 re-fracs in the Haynesville QEP Resources (ticker: QEP) holds acreage across the Williston basin, Pinedale Anticline, Uinta basin, Permian basin, and Haynesville shale. QEP’s acreage produces oil, NGLs, and dry gas—totaling in 13,090.3 MBOE cumulative production in Q1, 2017. For 2017, QEP estimates that it will produce a cumulative of 57 to

QEP Resources, Inc. – Day Two Breakout Notes

QEP presents at EnerCom’s The Oil & Gas Conference®  During the QEP breakout session, management was asked the following questions: Where do you think the Permian Basin is in the acquisition and consolidation cycle? How would you characterize the need for inventory in the Permian? What kind of organic growth do you envision from the Central Basin Platform? You mentioned