Operator · Fayetteville Shale & Granite Wash
Panhandle Oil and Gas Inc.
42 articles mentioning Panhandle Oil and Gas Inc. · Page 2 of 3
Panhandle Keeps Activity Minimal in Fiscal Q3; Drills Two Bakken Wells
Panhandle Oil & Gas Inc. reported financial and operating results for the Company's fiscal third quarter and nine months ended June 30, 2016.
Panhandle's Borrowing Base Cut by $40 Million
Panhandle Oil and Gas Inc. reported that its bank group, per normal mid-year cycle timing, has set the borrowing base under its credit agreement at $80 million.
Panhandle Lays Low in 2Q; Focus on Balance Sheet Repair
Panhandle Oil and Gas reported financial and operating results for the Company's fiscal second quarter and six months ended March 31, 2016. Key Points: Reduced debt $10.5 million from Sept. 30, 2015, to $54.5 million through...
Panhandle Oil & Gas President / CEO to Retire at Year-End
Panhandle Oil & Gas has announced Michael C. Coffman, 63, president and CEO of Panhandle Oil and Gas Inc., has announced his retirement effective Dec. 31, 2016.
Panhandle Reports Results for Fiscal 1Q; Production Dips 9%
Oil production decreased 9% in the 2016 first quarter to 106,362 barrels, compared to 116,583 barrels in the 2015 first quarter.
Panhandle Spins Bit at Permian Midland Well; Leases New Acreage
Panhandle Oil and Gas has reported an operations update.
Panhandle Ups Production in Fiscal 4Q; Cuts Debt
Panhandle Oil and Gas Inc. has reported financial and operating results for the fiscal year ended Sept. 30, 2015, and for the fiscal fourth quarter.
Panhandle Ramps Up MidCont Reserves 20%; Woodford, Springer
Panhandle Oil & Gas announced estimated total proved reserve volumes for the Company's fiscal year ended Sept. 30, 2015.
Panhandle Reduces Activity in 2Q; Talks Drilling, Leasing Activity
Michael C. Coffman, President and CEO, said: "We are in the enviable position of being able to deploy drilling capital only when and where we can expect to earn a reasonable rate of return."
Panhandle's Borrowing Base Set at $120 Million
Panhandle Oil and Gas Inc. announced that its bank group, per the normal mid-year cycle timing, has set the borrowing base under its credit agreement at $120 million.
Panhandle Sees Gain in Proved Reserves; Cuts Debt
The company increased proved developed reserves, after production, to 116.1 Bcfe at March 31, 2015, from 115.2 Bcfe at Sept. 30, 2014.
Panhandle Touts Record Reserves, Production & Income
Michael C. Coffman, President and CEO, said, "2014 was an exceptional year for Panhandle. Net income, production and reserves were at record setting levels."
Panhandle's Eagle Ford, Fayetteville Ops Lift Reserves 36%
Panhandle's estimated total proved reserves at Sept. 30, 2014, increased 36% to 206.2 Bcfe from 151.8 Bcfe reported for Sept. 30, 2013.
Panhandle Taps Chesapeake Alum as New Land Manager
Shelly S. Quimby spent nine years with Chesapeake Energy Corporation with her last position being Manager-Acquisitions and Divestures.
Panhandle's Vice President of Land to Retire
Panhandle Oil and Gas has reported that Ben Spriestersbach, Vice-President, Land, will retire from the Company on Oct. 31, 2014.
Panhandle Highlights Eagle Ford Additions in 2Q
Michael C. Coffman, President and CEO, said: "The 2014 third quarter was again an excellent financial, as well as operational, quarter."
Panhandle's Oil Production Takes Off in Q1; Jumps 79%
The company increased quarterly oil production by 79% to 83,413 barrels, a Company record, compared to 46,656 barrels for the 2013 first quarter.
Panhandle Increases Proved Reserves by 22 Percent
At Sept. 30, 2013, approximately 61% of total proved reserves, or 93.1 Bcfe, are categorized as proved developed reserves as compared to 73.8 Bcfe at Sept. 30, 2012.
Panhandle Touts NGL-Rich Q2 Results; Reaffirms Focus
"Our significant perpetual mineral acreage ownership in Oklahoma and Texas has provided a rapidly growing number of high quality drilling opportunities in a number of plays," says Paul Blanchard, SVP & COO.
Panhandle Sees 'High Quality' Woodford, TX Drilling
"Drilling projects in the Marmaton, Cleveland, Granite Wash, Hogshooter Wash, Woodford Shale and Tonkawa are the highest quality we have experienced in the last few years," said Paul Blanchard, SVP & COO.