E & P News

Birchcliff Energy First Quarter 2021 Results
Birchcliff Energy Ltd. reported its Q1 2021 results. Birchcliff is maintaining its 2021 F&D capital expenditures guidance and increasing its 2021 production, adjusted funds flow and free funds…

Headwater Exploration First Quarter 2021 Results
Headwater Exploration Inc. reported its Q1 2021 results. Q1 Highlights: Generated average production of 4,805 boe/d representing an increase of 192% over the fourth quarter of 2020. Achieved…

Crescent Point Energy First Quarter 2021 Results
Crescent Point Energy Corp. reported its Q1 2021 results. Highlights: Reduced net debt by over $135 million in first quarter, driven by continued excess cash flow generation. Successfully…

Lonestar Resources First Quarter 2021 Results
Lonestar Resources US Inc. reported its Q1 2021 results. Over the past year, Lonestar has successfully restructured its liabilities, simplified its balance sheet and further reduced debt by…

Peyto Exploration First Quarter 2021 Results
Peyto Exploration & Development Corp. reported its Q1 2021 results. Highlights: Production per share up 12%. First quarter 2021 production of 88,070 boe/d, comprised of 456 MMcf/d of…

Pipestone Energy First Quarter 2021 Results
Pipestone Energy Corp. reported its Q1 2021 financial and operational results, as well as provide an update on its operations. Pipestone continues to efficiently grow its highly economic…

SandRidge Energy First Quarter 2021 Results
SandRidge Energy Inc. announced financial and operational results for the quarter ended March 31, 2021. Highlights: Improved net cash1 by $48.2 million to a net cash position of…

Amplify Energy First Quarter 2021 Results
Amplify Energy Corp. reported its operating and financial results for the first quarter of 2021. Key Highlights: During the first quarter of 2021 the Company: Achieved average total…

Riley Exploration Permian First Quarter 2021 Results
Riley Exploration Permian Inc. reported its Q1 2021 results. Highlights: Closed reverse merger transaction with Tengasco on February 26, 2021 Increased total equivalent sales volumes to 8.3 MBoe…
Pioneer Shares Fall 6% After 6-Million Offering
Pioneer Natural Resources saw its shares slice 5.9% after disclosing that Apollo Global Management and Quantum Energy Partners offered 6M shares in a secondary offering. Approximately 64.13% of…

Questerre Energy First Quarter 2021 Results
Questerre Energy Corp. reported its Q1 2021 results. Highlights: Commissioned CIRAIG to study zero emissions hydrogen production from Clean Gas Executed Letter of Intent with ZEG Power to…

Chesapeake Energy First Quarter 2021 Results
Chesapeake Energy Corp. reported its Q1 2021 results. Highlights include: Successor net income totaled $295 million, or $2.75 per diluted share Generated adjusted EBITDAX (a non-GAAP measure) of…

Earthstone Energy First Quarter 2021 Results
Earthstone Energy, Inc. reported its Q1 2021 results. Year-to-Date 2021 Highlights: Closed the IRM Acquisition(1) on January 7, 2021 Signed the Tracker/Sequel Purchase Agreements(2) on March 31, 2021…

Prairie Provident Resources First Quarter 2021 Results
Prairie Provident Resources Inc. reported its Q1 2021 results. Q1 2021 Highlights: Successful Drilling Program: During the quarter, we successfully drilled and completed our first Ellerslie well to…

Whiting Petroleum First Quarter 2021 Results
Whiting Petroleum Corp. announced first quarter 2021 results. First Quarter 2021 Highlights: Revenue was $307 million for the quarter ending March 31, 2021 Net loss (GAAP) was $0.9…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |