Monday, November 4, 2024

UNT

Unit Corporation Announces Changes to Senior Management- oil and gas 360

Unit Corporation announces extension of early tender date of exchange offer

Oil and Gas 360 Unit Corporation- Tulsa, Okla- (NYSE – UNT) (the “Company” or “Unit”) announced that it has extended the Early Tender Date for its previously announced offer to exchange (the “Exchange Offer”) any and all of its outstanding 6.625% Senior Subordinated Notes due 2021 (CUSIP No. 909218AB5 / ISIN US909218AB56) (the “Old Notes”) for newly issued 10.000% Senior

Unit Corp Accelerates Drilling Program with $300 Million Sale

Divesting 50% Interest in Superior Pipeline Unit Corporation (ticker: UNT) has agreed to sell a fifty percent equity interest in its wholly owned subsidiary, Superior Pipeline Company, LLC for cash proceeds of $300 million. The purchaser, SP Investor Holdings, LLC, is jointly owned by OPTrust and funds managed by Partners Group, a global private markets investment manager. The sale is

Unit Corporation Produces 4.3 MMBOE in 2017

In the fourth quarter of 2017, Unit Corporation (ticker: UNT) recorded a net income of $89.2 million, this compares to a net income of $1.7 million for Q4 2016. $81.3 million of the net income was accounted for as a tax benefit associated with the Tax Cuts and Jobs Act enacted during the quarter. Total revenues for the quarter were

Approach, Eclipse, Unit Corp. Report Q2

Approach Resources Approach Resources (ticker: AREX) exceeded its production guidance for Q2, with production at 11.9 MBOEPD, and dropped its lease operating cost below guidance as well, at $3.92 per BOE. Approach drilled a total of eight wells and completed another five. One of the completed wells was in the Wolfcamp A bench, two more in the Wolfcamp B bench,

Unit Corp. Raises 2015 Production Growth Estimate to 6%-8%

Efficiencies Paving the Way in the Midcontinent Advancements in Unit Corporation’s (ticker: UNT) drilling program is leading to increased production volumes and reduced expenditures, the company said in a press release on October 6, 2015. Production guidance for 2015 was revised upward to a range of 6% to 8%, exceeding its previous range of 2% to 4%. Based off of

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