E & P News
Gulfport Energy Emerges from Bankruptcy
Gulfport Energy Corp. has successfully completed its restructuring process and emerged from bankruptcy. Gulfport has exited bankruptcy with a new Board of Directors; a strengthened balance sheet, with…
EOG Resources Promotes Leitzell to Vice President, E&P
EOG Resources, Inc. announced that Jeffrey R. "Jeff" Leitzell has been promoted to Executive Vice President, Exploration and Production, joining the headquarters executive management team effective immediately. About…
Vine Energy Inc. First Quarter 2021 Results
Vine Energy Inc. reported first-quarter 2021 results and provided full-year 2021 guidance and select guidance for the second-quarter 2021. Highlights: Completed IPO on March 17, 2021, raising net…
Battalion Oil Corp. First Quarter 2021 Results
Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced results of operations for the first quarter 2021. Highlights: Completed four DUCs and spud two new…
Cardinal Energy First Quarter 2021 Results
Cardinal Energy Ltd. reported its Q1 2021 results. Highlights: Generated $16.1 million of adjusted funds flow, an 8% increase over the same period in 2020 and a 19%…
Surge Energy Inc. First Quarter 2021 Results
Surge Energy Inc. reported its Q1 2021 results. Overview Pre-COVID-19, world oil demand was more than 100 million barrels per day; growing by approximately one million barrels per…
Petrus Resources First Quarter 2021 Results
Petrus Resources Ltd. reported its Q1 2021 results. Highlights: Commodity price improvements – Realized price per boe increased by 27% in the first quarter of 2021 compared to…
Pieridae Energy First Quarter 2021 Results
Pieridae Energy Limited released its Q1 2021 financial and operating results today, highlighted by strong overall production, with Pieridae producing the highest-ever recorded volume of natural gas in…
Surge Energy Ups 2021 Capex, Talks 2H21 Drilling Outlook
Surge Energy Inc. detailed its 2021 production exit guidance and preliminary 2022 capital and operating guidance. 2H 2021 Outlook, Expanded Plan The 2H/21 capital program involves drilling up…
Callon Petroleum First Quarter 2021 Results
Callon Petroleum Co. reported results of operations for the three months ended March 31, 2021. First Quarter 2021 and Recent Highlights: Delivered production of approximately 81.0 MBoe/d (64%…
Denbury Inc. First Quarter 2021 Results
Denbury Inc. reported its Q1 2021 results. Q1 Highlights: Net cash provided by operating activities was $53 million; Adjusted cash flow from operations(1) (non-GAAP measure) was $81 million.…
Penn Virginia First Quarter 2021 Results
Penn Virginia Corp. announced its financial and operational results for the first quarter 2021. Recent Significant Highlights: Sold 16,324 barrels of oil per day ("bbl/d") for the first…
Ecopetrol's VP of Exploration to Retire; Successor Named
Ecopetrol S.A. reported that Jorge Arturo Calvache, Vice-President of Exploration has decided to retire as of June 1, 2021. In his replacement, Elsa Jeanneth Jaimes has been appointed…
California Resources Corp. First Quarter 2021 Results
California Resources Corp. reported first quarter 2021 operational and financial results. Mac McFarland, President and Chief Executive Officer, said: "CRC delivered on its strategy with strong first quarter…
Contango Oil & Gas First Quarter 2021 Results
Contango Oil & Gas Co. reported its Q1 2021 results. First Quarter 2021 Highlights: Production sales of 1,773 MBoe for the first quarter of 2021, or 19.7 MBoe…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |