Operator
HighPeak Energy
16 articles mentioning HighPeak Energy
Permian E&P Cut Rigs and Frac Crew By 50% for Remainder 2023
Highpeak Energy said during its 1Q '23 resutls that it plans to cut it's rig count by 50% from 4 to 2 which is similar to what the company did for its frac fleets. "HighPeak revised...
HighPeak Energy Second Quarter 2022 Results
HighPeak Energy, Inc. announced financial and operating results for the second quarter 2022 and provided current operational updates. 2Q 2022 and Current Highlights: HighPeak legacy second quarter 2022 net sales volumes averaged 21,995 barrels of oil...
HighPeak Energy First Quarter 2022 Results
HighPeak Energy, Inc. announced financial and operating results for the first quarter 2022, current operational updates and updated pro forma guidance. First Quarter 2022 and Current Highlights: Company pro-forma net production, including the recently announced Hannathon...
HighPeak Energy Unveils 2022 Capex, Drilling Plan
HighPeak Energy detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $750-800 million - up 200% vs. 2021 D&C: $715-760 million Infrastructure, Land, & Other: $35-40 million - Rigs Running: 4 rigs - Frac...
HighPeak Energy Preliminary Fourth Quarter Results, Reserve Update
HighPeak Energy, Inc. announced an operational update, 2021 year-end proved reserves, 2022 guidance update, the entry into agreements with various sellers to purchase oil and gas assets and the closing of the previously announced private placement...
An Early Look at 2022: E&P Budget, Drilling & Completion Plans
Several operators gave a sneak peek of their 2022 capital plans in their Q3 reports. Below is a summary of what the E&Ps are planning for next year. Capital budgets are set to increase and, with...
HighPeak Energy Third Quarter 2021 Results; 2022 Outlook
HighPeak Energy, Inc. announced financial and operating results for the third quarter 2021. Third Quarter 2021 Highlights: Third quarter 2021 sales volumes of 8,168 barrels of oil equivalent per day ("Boe/d"), 94% liquids. Production volumes have...
HIghPeak's Q3 Production Hampered by Shut-Ins; Deal Closures, Financials
HighPeak Energy Inc. reported several updates, both corporate and operational. Highlights: The Company's production for the second half of October will average approximately 15,000 barrels of oil equivalent per day ("Boe/d"), an increase of over 80%...
HighPeak Energy Second Quarter 2021 Results
HighPeak Energy Inc.reported its Q2 2021 results. Updated 2021 Guidance HighPeak Energy increased its development drilling program from one rig to two rigs early in the third quarter with a primary focus on the co-development of...
Permian E&P Bucks Trend; Plans to Double Permian Drilling This Year
HighPeak Energy provided some guidance on its operations. The company noted two things: Updates to its hedge book Plans to increase drilling activity Increased Drilling Activity The Company expects to increase its capital program to two...
HighPeak Energy First Quarter 2021 Results
HighPeak Energy, Inc. announced financial and operating results for the first quarter 2021. Q1 Highlights: First quarter 2021 sales volumes of 5,290 barrels of oil equivalent per day (“Boe/d”), including 4,735 barrels of oil per day,...
HighPeak Boosts Capex 20% for 2021, Drilling Up 47%; Full Year 2020 Results
HighPeak Energy, Inc. reported its Q4 and full year 2020 results as well as its 2021 capital plan. 2021 Plan - Capex: $135-150 million - up 20% vs. 2020 levels of $119MM D&C: $115-125 million -...
HighPeak Energy's Proved Reserves Jump 96% in 2020
HighPeak Energy, Inc. announced its 2020-year end proved reserves (prepared by Cawley, Gillespie & Associates, Inc.). As of December 31, 2020: Estimated proved reserves increased 96% to 22.5 MMBoe consisting of 84% oil, 6% natural gas...
Pure Acquisition Corp. Seals Deal for Midland Basin-Focused HighPeak
Pure Acquisition Corp. has finalized its $845 million acquisition of HighPeak Energy LP / HighPeak Energy II LP's asset portfolio. The deal was originally struck on May 4, 2020. The deal creates a new Midland Basin-focused...
Pure Names Former Diamondback COO as President; He Will Also Helm HighPeak
Pure Acquisition Corp. has named Michael L. Hollis as President. Mr. Hollis is also expected to be named President of HighPeak Energy, Inc. upon the consummation of Pure’s business combination involving HighPeak and Grenadier Energy Partners,...
Midland Basin E&P Talks 2020; Four (4) Rigs and $700 Million Capex
HighPeak Energy provided a look into its 2020 development plan. To learn more about HighPeak Energy, go here. The company most recently went public through a SPAC. more here. HighPeak has some 71,000 net acres in...