By Tyler Losier, Energy Reporter, Oil & Gas 360 PDC Energy to acquire SRC Energy in all-stock transaction valued at approximately $1.7 billion PDC Energy Inc. (stock ticker: PDCE), an independent E&P based out of Denver, has entered into a definitive agreement to acquire SRC Energy Inc. (stock ticker: SRCI), also located in Denver, in an all-stock transaction valued at
At first meeting new COGCC will consider SRC Energy’s Comprehensive Drilling Plan for Weld County Colorado’s new governor, Jared Polis (D-Boulder), announced his appointments who will take over as new Colorado Oil and Gas Conservation Commissioners effective today. The group was handpicked by him to manage the state regulation and oversight of oil and gas well permitting and operations in
By Richard Rostad, analyst, Oil & Gas 360 Colorado’s recent SB 181 overhauled the state’s permitting and regulatory process for oil and gas development. Since the bill was passed and signed into law, oil and gas investors naturally have been searching for more details and direct information on the effects of the bill, and it has been a key theme
DJ Basin producer Bonanza Creek Energy, Inc. (stock ticker: BCEI) has hired Brant H. DeMuth as its CFO, effective Nov. 14, 2018. To join Bonanza Creek, DeMuth exits his post as VP of Finance and Treasurer at Denver-based SRC Energy Inc. (stock ticker: SRCI). Prior to joining SRC Energy, DeMuth served as Interim CFO of DJ Resources, LLC and as EVP of strategy and corporate development of
Upcoming TV debate showcases thinking on both sides of the setback issue There is a storm cloud of potential upheaval facing Colorado’s oil and gas regulator (the Colorado Oil and Gas Conservation Commission—COGCC) this fall. On the leading edge is a contentious ballot issue that’s going to be in front of voters between mid-October and Nov. 6. Proposition 112 is
Companies in the Wattenberg can’t accurately evaluate the performance of wells that are continuously choked back or temporarily shut in due to lack of pipeline capacity Producers forced to constrain production During their recent Q1 earnings calls, Bart Brookman, president and CEO of PDC Energy (ticker: PDCE), Lynn Peterson, chairman and CEO of SRC Resources (ticker: SRCI) and Wouter van
SRC Energy Issues Preliminary First Quarter 2018 Results; Provides an Operations Update; Announces First Quarter 2018 Earnings Release and Conference Call Dates
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