Operator · Marcellus Shale
Ultra Petroleum Corp.
53 articles mentioning Ultra Petroleum Corp. · Page 2 of 3
Pinedale E&P To Spend $500 Million on 193 Wells
Restructuring Update On March 14, 2017, the Bankruptcy Court issued an order confirming Ultra's plan of reorganization and an order determining that Ultra's plan value is $6.0 billion. These orders clear the way for Ultra to...
Ultra Doubles Down on Pinedale Rigs; Will Add Fourth in Q4
Ultra Petroleum reported its results for the third quarter of 2016.
CorEnergy Assuming Pinedale Lease for Troubled Ultra Petroleum
CorEnergy Infrastructure Trust announced that Ultra Petroleum’s subsidiary has agreed to assume the Lease on its Pinedale Liquids Gathering System...
Operator Adds 4th Rig To Pinedale; Well Cost Down 10%
Ultra Petroleum provided the following Q3-2016 update: Since the end of the third quarter, we have added a third rig and plan for a fourth rig to move into the field in the next few weeks....
Bankrupt E&P Increasing Capital & Drilling Plans
The company is ramping up spending over the next four years.
Ultra Petroleum Quietly Files Chapter 11 Bankruptcy
In what might seem like a "one liner", Ultra Petroleum on Friday April 29, 2016 file chapter 11 bankruptcy. The following notification was posted on the company's website.
Ultra Petroleum's Share Price Falls Below Dollar Mark
Ultra Petroleum Corp. reported that on March 15, 2016, it received notice from the New York Stock Exchange that it was not in compliance with the NYSE's requirement that the average closing price of its common...
Ultra Petroleum Sees Relief as Lenders Waive Payments
The waiver and amendment agreements postpone and defer the March 1, 2016 maturity and interest payments arising under the Ultra Resources' senior notes.
Ultra Petroleum Warns of Possible Bankruptcy
Ultra Petroleum warns of possible bankrupcy protection in its 10k filing.
Ultra Petroleum Slashing Capex, Marcellus Activity Suspended
D&C operations remain suspended on the company's Pennsylvania properties.
Ultra Petroleum Saving on Lower Well Service Costs
~33% of the well cost savings is related to productivity improvements and 67% is due to service cost reductions.
Ultra Focuses on Pinedale, Uinta; Cuts Well Cost, Drill Times
Year to date, Ultra Petroleum and its partners drilled 102 gross (67 net) Pinedale wells and placed on production 92 gross (63 net) wells.
Ultra Petroleum Seeing Paydirt from Re-positioning to Western Basin
Strategic repositioning to operated Western Basin natural gas, away from non-operated Eastern Basin natural gas, is having very positive results.
Ultra Trimming Drill Times, Well Cost Across Pinedale, Uinta
Ultra Petroleum has updated unveiled the latest changes and efficiencies in the Pinedale/Jonah and Uinta Basin. The company also detailed further plans for well cost reduction.
Ultra Details Uinta, Pinedale Well Results; 4Q Results
During the fourth quarter of 2014, Ultra Petroleum produced 70.6 billion cubic feet equivalent (Bcfe) of natural gas and oil.
Ultra Petroleum Details 2015 Capital Program
Ultra Petroleum has unveiled its 2014 capital program and outlook. 2015 Capital Investment Program The board of directors approved Ultra's 2015 capital investment program of $460.0 million for the year. This compares to $1.5 billion in...
Ultra Edits Hedging for 2015; Outlines Current Strategy
A large majority of the swaps are in the second and third quarters of the year where it is estimated that approximately 70 percent of the company's natural gas production is hedged.
Ultra Petroleum Details Uinta IPs Across Three Areas
During the third quarter, Ultra Petroleum drilled 24 gross (24 net) wells and placed on production 27 gross (27 net) Uinta wells.
Ultra Slows Down Marcellus Activities Post Divestiture
Prior to divesting, Ultra participated in drilling and initiating production from 6 gross (3 net) wells during the first nine months of the year.
Ultra Petroleum Third Quarter 2014 Announcement
Ultra Petroleum reported adjusted net income(2) of $82.0 million, or $0.53 per diluted share for the third quarter of 2014.