Operator · Permian Basin & Uinta Basin Play
EP Energy Corp
59 articles mentioning EP Energy Corp · Page 1 of 3
EP Energy's Bankruptcy Plan Finally Approved After Months of Uncertainty
EP Energy Corp. has received approval from the US Bankruptcy Court for the Southern District of Texas for its latest RSA plan. This comes after EP Energy experienced several snags in its journey through the bankruptcy...
Eagle Ford Well Results - July 21 2020
Back by popular demand. Today we resume providing weekly basins well results. You can get access to well results by going here. (requires a subscription)
EP Energy Out with New Bankruptcy Exit Plan; Crushing PE Sponsors
EP Energy's bankruptcy saga continues as a new plan has been put forth after the previous plan fell through, according to a report by The Wall Street Journal. EP initially got approval to exit bankruptcy in...
EP Energy Bankruptcy Exit Plan in Limbo
Wall Street Journal is reporting that Apollo and others who, on March 6, agreed to finance the exit of EP Energy from bankruptcy for $475 million is backing away from the deal. What is truly interesting...
EP Energy Wins Court Approval to Exit Bankruptcy
Wall Street Journal is reporting that E&P Energy has won approval to exit bankruptcy, reducing its debt by $3.3 billion. The deal would see Apollo Global and Elliott Management become controlling shareholders. JP Morgan and Fidelity...
EP Energy Reports Q3 2019 Results
EP Energy Corp. reported third quarter 2019 financial and operational results. 3Q'19 Results: Equivalent production of 67.2 MBoe/d Oil production of 37.9 MBbls/d Net loss of $620 million, including $32 million gain on financial derivatives Adjusted...
Eagle Ford Operator Files Bankruptcy
EP Energy Corp. has voluntarily filed petitions for chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of Texas. EP Energy intends to use this process to reduce its debt significantly, strengthen its...
EP Energy Sees Output Drop Due to Completion Cuts; Talks Financial Position
EP Energy Corp. reported second quarter 2019 financial and operational results. Here are the highlights from its report and conference call: Drop in QOQ Production In its call, EP Energy commented: "Like last quarter, our overall...
EP Energy's Stock Delisted from NYSE Due to Low Share Price
EP Energy Corp.'s stock has been suspended from trading on the NYSE, effective immediately. Subsequently, the NYSE is proceeding to delist the common stock from the NYSE. The determination was based on "abnormally low" price levels...
EP Energy Out of Compliance with NYSE Listing Standards
EP Energy has fallen out of NYSE compliance due to its stock being below the $1.00 mark for 30 consecutive business days. EP Energy intends to notify the NYSE within ten business days of receipt of...
EP Energy Talks Eagle Ford, Uinta Drilling Success; Production Flat YOY
EP Energy reported its Q3 2018 results. Highlights: - Q3 production of 80.4 MBOEPD - relatively flat YOY Oil production of 46.4 MBbls/d - Drilled and completed most productive oil well in company history in Northeastern...
EP Amps Up Completions for 2H18, Ups Capex; Plans Longer Eagle Ford Laterals
EP Energy reported its Q2 2018 results. This is the first quarter since the company announced it had adopted a new management team as well as a new strategy. Ups Completion Plans for 2H18 The company...
New Management, New Strategy; E&P Energy Poised For Growth
EP Energy reported its first quarter 2018 results and the new management team did not disappoint. Crude oil production is up +1% in 1Q18 45.4 MBbls/d vs 3Q17 45.1 MBbls/d. Why the comparison to 3Q17? because...
EP Energy Continues Shift Back to Eagle Ford; Refocuses JDA with Apollo
According to a recent document filed with the SEC, EP Energy is modifying its JDA with Apollo portfolio company, Wolfcamp DrillCo Operating, to focus on the Eagle Ford, not the Midland Basin Wolfcamp as originally planned....
EP Energy Adds Two Independent Directors to Board
EP Energy has added two independent members to its board of directors. Robert "Bob" C. Reeves Mr. Robert "Bob" C. Reeves was elected to EP Energy's board of directors as an independent director in December 2017....
EP Energy 2018 Drilling Program; Shifts Focus Back to Eagle Ford
EP Energy provided the following 2018 guidance. The company continues to struggle with a $4.0 billion debt, however we still expect to see a 2% increase in production. The company recently replaced its management team with...
EP Accelerates Wolfcamp Drilling in Q3; Slows Down in Eagle Ford
EP Energy reported its Q3 2017 results. Highlights include: 45.1 MBbls/d in production Increased Midland Wolfcamp Drilling In Q3, EP Energy significantly increased activity in its Wolfcamp program and produced record quarterly oil and total equivalent...
EP Energy Guts Senior Leadership
[Summary: Changes are being made to EP Energy's leadership team, according to its Q3 press release. More than 80% of the common shares of EP are owned between Apollo Management and Riverstone Holdings. Earlier this year,...
Permian Basin Top Performers : Well Productivity : 6 Month Oil Production
Today in Charts. By popular demand, a lot has been said about who has been producing some of the best well results in the midland basin. We decided to take a look not just at the...
EP Energy, Production Guidance 80-85 Mboe/d Remains Unchanged
As previously announced, EP Energy's producing and field facilities sustained no damage as a result of Hurricane Harvey and the company's drilling operations continued throughout the storm. A short-term reduction in the company's sales volumes resulted...