Yuma Energy, Inc. (ticker: YUMA) reported a net loss attributable to common stockholders of $6.8 million, or $(0.46) per share for 2017. Net average production for the year-ended December 31, 2017 was 2,454 BOEPD, or 34.8% higher than the prior year of 1,820 BOEPD. The company spud its first San Andres horizontal well in December 2017 and completed it during
Yuma Energy, Inc. (ticker: YUMA) announced that the borrowing base under its revolving credit facility has be reaffirmed at $40.5 million. The next scheduled borrowing base redetermination is expected to occur around April 1, 2018, the company said in a press release. Yuma Energy’s assets include oil and gas resources located in southern Louisiana, southeastern Texas and has recently moved
Yuma Energy Inc. (ticker: YUMA) has producing assets in North Dakota, California, Louisiana, and Texas, with the majority of its acreage centered in South Louisiana and Texas. The company holds a total of 16,210 net acres across all of its producing assets, with a proved reserves value of 8,898 MBOE. Yuma’s expected production for the remainder of 2017 is between
Yuma Energy, Inc. (ticker: YUMA) said it has sold its wholly owned subsidiary’s El Halcón property for $5.5 million. The assets are located in Brazos County, Texas, and Yuma held an average working interest of approximately 10% (1,557 net acres) producing approximately 140 Boe/d net from 50 Eagle Ford wells and one Austin Chalk well. Yuma also announced that on May 19, 2017 the lenders under its
Davis merger improves Yuma’s liquidity, reserves, and daily production Houston-based Yuma Energy (ticker: YUMA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that the merger of the two companies was approved by shareholders and completed. Davis will become a wholly-owned subsidiary of Yuma following the all-stock transaction, although Davis shareholders will control 61.1% of the combined company, with
Yuma Energy, Inc. Announces Second Quarter 2016 Financial Results Yuma Energy, Inc. (NYSE MKT: YUMA) (the “Company” or “Yuma”) today announced its financial results for the quarter ended June 30, 2016. Financial Results Sales and Other Operating Revenues The following table presents the net quantities of oil, natural gas and natural gas liquids produced and sold by us for the
HOUSTON, TX–(Marketwired – Apr 6, 2016) – Yuma Energy, Inc. (NYSE MKT: YUMA) (NYSE MKT: YUMA-PA) (the “Company” or “Yuma”) today announced that it is re-issuing its previous release that was made on March 30, 2016 to incorporate certain disclosures that are required under the NYSE MKT Company Guide Sections 401(h) and 610(b). Included below are these additional disclosures along with the
Yuma Energy’s COO, Paul McKinney, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Yuma Energy – The Oil & Gas Conference® 20 Webcast … Username or E-mail Password Remember Me Forgot Password
Exploration drilling success rate of 78% on its 3-D projects Yuma Energy (ticker: YUMA) is one of the companies leading the technological approach on the exploration front of the oil and gas industry. Since its predecessor was founded in 1983, the company has amassed more than 75,000 net leasehold acres in three different states and has partnered with some of
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