E & P News
ExxonMobil Unveils Capital Plans Through 2027; $10B Less/Year vs. Prior Estimate
ExxonMobil has finalized corporate plans through 2027, estimating maintaining a capital budget of $20-25 billion for each year. This is about $10 billion less than what the company…
Battalion Oil Corp. Secures Credit Line of $235 Million
Battalion Oil Corp. has closed an agreement with a group of lenders for a new first lien delayed draw term loan facility for up to $235 million bearing…
SM Energy Adds Former Oxy Exec to Board
SM Energy Co. reported that Anita M. Powers has been appointed to serve as a director of the Company. Ms. Powers will serve as an independent director and…
Oasis Petroleum Adds New Director to Board
Oasis Petroleum Inc. reported the appointment of Marguerite Woung-Chapman to the Board of Directors, effective immediately. Ms. Woung-Chapman will serve on the Board's Compensation Committee as well as…
Hemisphere Energy Corp. Third Quarter 2021 Results
Hemisphere Energy Corp. reported its Q3 2021 results. Q3 Financial & Operating Highlights During the third quarter, Hemisphere invested just over $3.3 million in its Atlee Buffalo field…
Clearview Resources Third Quarter 2021 Results
Clearview Resources Ltd. reported its Q3 2021 results. Tony Angelidis, President and CEO of Clearview, said: “During the third quarter Clearview continued to focus on debt reduction while…
Silverbow Resources Seals $75MM Deal for Eagle Ford Assets
SilverBow Resources, Inc. has closed its previously announced acquisition of oil and gas assets in the Eagle Ford from undisclosed sellers. The aggregate purchase price for these assets…
Matador Resources' Credit Line Grows by 50% to $1.35 Billion
Matador Resources Co. has closed on a new amended and restated credit agreement. Under the Credit Agreement signed on November 18, 2021, the maturity date was extended by…
Contango Oil & Gas Third Quarter 2021 Results
Contango Oil & Gas Co. reported its third quarter 2021 results. Highlights and Recent Developments: Production sales of 2,426 MBoe for the third quarter of 2021, or 26.4…
APA Corp. Third Quarter 2021 Results
APA Corp. announced its financial and operational results for the third-quarter 2021. Highlights: Reported production of 389,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes…
Callon Petroleum Third Quarter 2021 Results
Callon Petroleum Co. reported its Q3 2021 results. Third Quarter 2021 and Recent Highlights: Delivered production of approximately 99.7 MBoe/d (64% oil) in the third quarter of 2021…
Coterra Energy Third Quarter 2021 Results
Coterra Energy Inc. reported third-quarter 2021 financial and operating results. On October 1, 2021, Coterra announced that the merger involving the Company, which previously was named Cabot Oil…
Oasis Petroleum Third Quarter 2021 Results
Oasis Petroleum Inc. announced financial and operating results for the third quarter of 2021. 3Q21 Operational and Financial Highlights: Produced 51.8 MBoepd in 3Q21 with oil volumes of…
Whiting Petroleum Third Quarter 2021 Results
Whiting Petroleum Corp. announced third quarter 2021 results. Third Quarter 2021 Highlights: Revenue was $401 million for the quarter ending September 30, 2021 Net income (GAAP) was $198…
Ring Energy Third Quarter 2021 Results
Ring Energy, Inc. reported operational and financial results for the third quarter 2021. Highlights and Recent Key Items: Sold 8,243 barrels of oil equivalent per day ("Boe/d"), or…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |