Operator
Postrock Energy Corp
17 articles mentioning Postrock Energy Corp
PostRock Energy Files for Bankruptcy
PostRock also announced the resignation of its current directors.
MidContinent E&P Defaults on Loan
The default is due to its failure to make the quarterly interest payment due February 11, 2016.
PostRock's Borrowing Base Reduced to $39 Million
This reflects a $37 million reduction from the $76 million borrowing base which was last re-determined as of May 1, 2015.
PostRock to Delist from NASDAQ Exchange
PostRock does not intend to request an appeal of this determination.
PostRock President & CEO Retires; Interim Announced
The Board has elected Clark Edwards, PostRock's current Vice President of Operations, as Interim President and Chief Executive Officer.
PostRock Falls Out of NASDAQ Compliance; Will Delist
The Company does not intend to submit a plan to regain compliance and expects to be delisted from the NASDAQ Global Market.
PostRock Sees 'Disappointing' Woodford Results; Cuts Workforce 25%
The wells were drilled in a joint venture with Silver Creek Oil & Gas, LLC covering approximately 17,900 gross acres in Cleveland and Pottawatomie Counties in Central Oklahoma.
PostRock Regains Compliance with NASDAQ
PostRock received confirmation from Nasdaq that the listing rule violation notice issued to PostRock December 23, 2014 has been resolved.
PostRock IDs 2015 Capital Budget, Hedges
Also, the Company reduced its Oklahoma City headquarters staff by nearly 25% from 2014 levels.
A Look at Operator Development Plans in West Virginia
Magnum Hunter's West Virginia well results prompted a look at the results other Operators have seen in West Virginia to date.
PostRock Wraps Up Oklahoma Workovers; Starts Up Gathering System
During the last 75 days, the Company has completed twelve workovers in Central Oklahoma.
PostRock Looking to Exit Appalachia; Preps for Asset Sale
CEO, Terry W. Carter, said: "Selling our Appalachia assets will allow us to redeploy capital to higher return projects, primarily focused on oil development in Central Oklahoma."
PostRock Gets to Work on Woodford, Hunton Ops Post-Acquisition
In May 2013, the Company acquired approximately 4,300 net acres located in Lincoln and Payne Counties of Oklahoma.
PostRock, Sanchez Reach Tentative SCOOP Settlement
The settlement as currently proposed would eliminate all disputes between the parties and position PostRock to redeploy its capital into oil-focused development projects primarily in central Oklahoma
PostRock Ups Borrowing Base by $20 Million
The credit facility syndicate, which is led by Citibank, includes Cadence Bank, Compass Bank and OneWest Bank as Co-Agents and Texas Capital Bank as a participant.
PostRock Drills 58 Cherokee Oil Wells in Q2
During the quarter, 58 new wells and 19 recompletions, all focused on oil, were placed on production in the Cherokee Basin.
PostRock's CapEx Targeting Appalachian, Cherokee Basins
Given the Company's improved financial position, the budget represents a more than 40% increase over 2012 spending.