By Tyler Losier, Energy Reporter, Oil & Gas 360 The Oil and Gas Conference’s Williston Basin presenters cumulatively produce 633,800 BOEPD From August 11-14, Oil & Gas 360’s parent company – EnerCom – will host its 24th annual The Oil and Gas Conference® at the Westin Downtown Hotel in Denver, Colorado. This event offers investment professionals the opportunity to hear
By Bevo Beaven, Editor, Oil & Gas 360, with Olivier Goodrich Gulf of Mexico explorer Talos Energy (stock ticker: TALO) has added three new lenders to its credit facility and bumped its borrowing base to $850 million from the previous level of $600 million. Additionally, Talos has announced multiple derivative contracts, consisting of swaps and costless collars, to hedge its
U.S.’s 2020 crude oil production en route to 13.3 MMBOPD – EIA By Bevo Beaven, Editor, Oil & Gas 360 There’s no doubt that production around the U.S. oilpatch is continuing its significant upward momentum. In the heart of the price-crash doldrums, the EIA reported in April 2016 that U.S. crude oil production fell below the 9 MMBOPD mark for
By Tyler Losier, Energy Reporter, Oil & Gas 360 Lonestar estimates production of 13,500 BOEPD for Q2 2019 Lonestar Resources (stock ticker: LONE), an independent E&P focused on the Eagle Ford Basin in Texas, released its estimated production rates for Q2 2019, registering results higher than the guidance for each commodity. More specifically, after the completion of the three months
By Tyler Losier, Energy Reporter, Oil & Gas 360 Margaret Dorman to serve on board of directors, audit committee Range Resources (stock ticker: RRC), a U.S. independent focused on stacked-pay projects in the Appalachian and North Louisiana regions, has appointed Margaret Dorman to the company’s board of directors, as well as the board’s audit committee. The appointment is effective as
By Tyler Losier, Energy Reporter, Oil & Gas 360 W&T Offshore to purchase Gulf of Mexico interests from ExxonMobil for $200 million W&T Offshore, Inc. (stock ticker: WTI), a Houston-based independent E&P, has entered into a sales and purchase agreement with ExxonMobil to acquire the company’s interests located off the coast of Alabama in the Gulf of Mexico. The transaction,
By Tyler Losier, Energy Reporter, Oil & Gas 360 Third and final appraisal well drilled, FID expected by 2020 Talos Energy Inc. (stock ticker: TALO), an independent E&P headquartered in Houston, has completed its Zama appraisal program in Block 7 of Mexico’s offshore Sureste Basin. Block 7 is owned by a consortium of companies, including Sierra Oil & Gas, Wintershall
EnerCom has updated additional oil and gas companies presenting on the second day of its 24th annual The Oil & Gas Conference®. The full conference runs Aug. 12-14, 2019 at the Westin Hotel Downtown Denver. Online conference registration is open. The Aug. 13 lineup from EnerCom includes a few new additions to its roster of presenting oil and gas company management teams. Advantage Oil & Gas Ltd. (TSX:
By Tyler Losier, Energy Reporter, Oil & Gas 360 Funds to be released from Beta decommissioning trust account Amplify Energy Corporation (stock ticker: AMPY), focused on operations in the Rockies, offshore California, east Texas, north Louisiana and south Texas, has announced the release of $90 million in unencumbered cash. The money will originate from the Beta decommissioning trust account. Following
By Tyler Losier, Energy Reporter, Oil & Gas 360 Average test rate of 2,500 BOEPD for F #A1H and F #B1H sets company record Lonestar Resources (stock ticker: LONE), an independent Texas-based E&P focused on Eagle Ford shale, has announced the test results for its wells in La Salle county, Texas. Previously, in its Q1 2019 report, Lonestar had announced
By Tyler Losier, Energy Reporter, Oil & Gas 360 Second quarter and full year production expected to be 43-44% oil Due to better than expected well performance and timing of completion, SM Energy Company (stock ticker: SM) is upping its Q2 2019 and full year production guidance by 400,000 BOE. The company estimates that Q2 2019 and full year production
EnerCom conference presenter schedule is posted By Bevo Beaven, Editor, Oil & Gas 360 EnerCom said that Senior Vice President and Chief Financial Officer of Occidental Petroleum (NYSE: OXY) Cedric Burgher will deliver the luncheon keynote address on Monday, August 12, 2019, at EnerCom’s The Oil & Gas Conference® in downtown Denver’s Westin hotel. Burgher joined Occidental in May 2017 bringing more than 25 years of experience in the energy sector. Prior
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