E & P News
Extraction Oil & Gas 2021 Plan; Q4, Full Year 2020 Results
Extraction Oil & Gas reported financial and operating results for the fourth-quarter and full-year 2020 and provided updated guidance for the full-year 2021. 2021 Guidance The Company is…
Marathon Oil Adds Select Energy CEO to Board
Marathon Oil Corp. reported that Holli C. Ladhani has been elected to the Company's board of directors, effective March 31, 2021. Holli will serve on the Corporation's committees…
Bonterra Energy Adds Director to Board
Bonterra Energy Corp. has appointed D. Michael G. Stewart to its Board of Directors, effective March 17, 2021. Mr. Stewart currently serves on the board of TSX and…
Cardinal Energy Fourth Quarter, Full Year 2020 Results
Cardinal Energy Ltd. reported its Q4/full year 2020 results. 2020 Highlights: Fourth quarter adjusted funds flow(1) of $13.6 million funded a conservative capital program of $3.6 million and…
Perpetual Energy CFO Retires; Director Tapped as Successor
Perpetual Energy Inc. reported the retirement of Vice President Finance and CFO Mark Schweitzer. Schweitzer joined the Company in January 2017 and will remain in his existing capacity…
InPlay Oil Corp. Fourth Quarter, Full Year 2020 Results
InPlay Oil Corp. reported its Q4 / full year 2020 results. Message to Shareholders InPlay’s mandate of operating a prudent and adaptable junior light oil focused Company could…
Ring Energy Fourth Quarter, Full Year 2020 Results
Ring Energy, Inc. reported operational and financial results for the fourth quarter and full year 2020 including Ring's year-end 2020 reserves and affirmed 2021 guidance. 2021 Plan Affirmed…
Diamondback Seals $2.2B Merger of QEP Resources
Diamondback Energy, Inc. has finalized its acquisition of QEP Resources Inc. in an all-stock deal valued at $2.2 billion. This comes after one of QEP's stakeholders, Glazer Capital…
Callon Petroleum CFO to Retire
Callon Petroleum Co. announced that, due to personal and health reasons, Senior Vice President and Chief Financial Officer James "Jim" Ulm, II will retire in May 2021. The…
Denbury Adds Carbon Capture Expert to Board
Denbury Inc. announced the appointment of Cindy A. Yeilding to its Board of Directors effective March 16, 2021. Yeilding brings extensive energy and technical expertise to Denbury's Board,…
Pipestone Ups 2021 Budget by $10MM; Details Full Year 2020 Results
Pipestone Energy Corp. reported its Q4 and full year 2020 financial and operational results, as well as provide an update to its development program and corporate guidance for…
Birchcliff IDs 2021 Capex; Drilling Down, Completions Flat vs. 2020
Birchcliff Energy Ltd. detailed its 2021 plan as well as updated its Q1 drilling ops. 2021 Plan - Capex: $210-230 million - down 21% vs. 2020 levels of…
Surge Energy Details 1H21 Spending, Well Plan; Q4/Full Year 2020 Results
Surge Energy Inc. reported its Q4/full year 2020 results as well as its 2021-22 outlook. Outlook 2021/2022 1H/21 Plan In 1H/21, the Company is completing a $39 million…
Crew Energy Fourth Quarter, Full Year 2020 Results; Outlook
Crew Energy Inc. reported its Q4/full year 2020 results. Company commentary: "While 2020 proved to be one of the most challenging years in recent memory for commodities and…
PetroShale Fourth Quarter, Full Year 2020 Results; Reserves
PetroShale Inc. reported its Q4 and full year 2020 results. The company commented: "While 2020 proved to be one of the most challenging operating environments for energy companies…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |