E & P News

Antero Resources, Antero Midstream Detail Exec Changes
Antero Resources Corp. and Antero Midstream Corp. announced new responsibilities for certain members of their management teams upon the effectiveness of Glen C. Warren, Jr. retirement as Antero…

Gran Tierra Details Preliminary Q1 Production, Financials
Gran Tierra Energy Inc. announced an operations and financial update. Key Highlights: Production: Gran Tierra's average production for various time periods is outlined in the table below: Average…

GeoPark Ltd. First Quarter 2021 Results
GeoPark Limited announced its operational update for the three-month period ended March 31, 2021. All figures are expressed in US Dollars. Growth comparisons refer to the same period…

BP, Talos, Chevron Tout Discovery at GOM Puma West Well
Talos Energy Inc., along with affiliates of bp plc and Chevron, today announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of…

Oasis Taps Former Anadarko Exec as New CEO
Oasis Petroleum Inc. has appointed Daniel E. "Danny" Brown as Chief Executive Officer effective April 13, 2021. Concurrently, Brown was also appointed to the Oasis Board of Directors.…

Chesapeake, Project Canary Partner for RSG Project in the Marcellus, Haynesville
Project Canary and Chesapeake Energy Corp. launched a pilot partnership to produce certified responsibly sourced natural gas (RSG) at select well pads in the Marcellus and Haynesville shales.…

Continental's Q1 Output Hit by Adverse Weather, Down 6.0 MBOE/d; Debt Update
Continental Resources, Inc. provided an update on its first quarter 2021 production results. Adverse Weather Impacts Production February 2021 weather adversely impacted first quarter 2021 total production by…

Large Permian E&P Plans to Frac/Complete 250 Wells in 2021
Diamondback Energy, Inc. provided an operational update for the first quarter of 2021 and announced revised full year 2021 guidance. Increases 2021 Guidance Diamondback today announced revised 2021…

Diversified Gas & Oil's Borrowing Base Reaffirmed at $425 Million
Diversified Gas & Oil PLC's bank lending group, led by KeyBank National Association, reaffirmed the existing $425 million borrowing base of the Company's senior secured credit facility with…

Enerplus Ups 2021 Capex, Production Outlook After Striking Bakken Deal
Enerplus Corp. has updated its 2021 guidance after announcing a $312MM acquisition deal in the Bakken (the seller is Hess Corp.). Earlier this year, Enerplus also closed on…

Northern Oil Wraps Up Deal for Reliance's Marcellus Assets
Northern Oil and Gas Inc. has closed on its previously announced acquisition of properties owned by Reliance Marcellus LLC. Nick O'Grady, Northern's Chief Executive Officer, said: "We are…

Chevron Inks LNG Deal with Hokkaido Gas Co.
Chevron Corp. has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron's global LNG…

ARC Resources, 7Gen Seal $8.1B Merger Deal
ARC Resources Ltd. has sealed its $8.1 billion acquisition of Seven Generations Energy. ARC is now Canada’s largest condensate producer, third-largest natural gas producer, and sixth-largest upstream energy…

Bonanza Creek Refreshes 2021 Guidance Post-HighPoint Deal
Bonanza Creek Energy, Inc. has refreshed its 2021 capital plan following its acquisition of HighPoint Resources. Highlights Include: Total 2021 annual capital expenditures are expected to be between…

Advantage Oil & Gas Talks Q1 Ops, Results; Production Up 14% QOQ
Advantage Oil & Gas Ltd. has provided an ops update following its conclusion of its winter drilling program. For the first quarter of 2021, Advantage achieved record average…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |