E & P News
After Unveiling $8.1B Merger Plan, ARC Resources, 7Gen ID 2021 Capex
Upon announcing a $8.1 million merger deal on February 11, ARC Resources Ltd. and Seven Generations Energy Ltd. have detailed their pro forma 2021 capital plan. 2021 Plan…
Amplify Energy Adds Finance Exec to Board
Amplify Energy Corp. reported the appointment of Patrice Douglas to the Company's Board of Directors. Ms. Douglas will serve on the Audit Committee of the Board. About Douglas…
Suncor Energy Fourth Quarter, Full Year 2020 Results
Suncor Energy reported its Q4 and full year 2020 results. CEO Mark Little commented: “Suncor delivered strong operational results during the fourth quarter, reflecting improved performance across our…
Pipestone Energy Fourth Quarter, Full Year 2020 Results
Pipestone Energy Corp. reported its Q4 and full year 2020 results, as well as its latest proved reserve summary. 2020 Reserve Highlights: Pipestone delivered 71% growth in Proved…
Cenovus Fourth Quarter, Full Year 2020 Results
Cenovus Energy Inc. reported its Q4 and full year 2020 results. The company generated positive free funds flow in the fourth quarter, partially offsetting the impact of low…
Apache Adds Former BP Exec to Board
Apache Corp. announced the appointment of Lamar McKay to its board of directors. About McKay McKay, 62, served as the chief transition officer of BP p.l.c. (BP) from…
Equinor Fourth Quarter, Full Year 2020 Results
Equinor reported its Q4 and full year 2020 results. The company reported adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the…
Total SA to Rebrand as Total Energies; Pivot Focus to Renewable Energy
French company Total SA has announced that it has changed its name to Total Energies. This move comes as the firm looks to become a net zero emissions…
HighPeak Energy's Proved Reserves Jump 96% in 2020
HighPeak Energy, Inc. announced its 2020-year end proved reserves (prepared by Cawley, Gillespie & Associates, Inc.). As of December 31, 2020: Estimated proved reserves increased 96% to 22.5…
CNX Resources Details Year-End Reserves; Up 13% YOY
CNX Resources Corp. reported total proved reserves of 9.55 Tcfe, as of December 31, 2020, which is a 13% increase compared to the previous year. CNX organically added…
SandRidge Finalizes $47MM North Park Asset Sale
SandRidge Energy, Inc. announced the closing of the sale of its North Park Basin assets in Colorado for $47 million in cash. The deal, which was struck in…
Chevron Offers to Buy Out Noble Midstream Partners
Chevron Corp. has submitted a non-binding proposal to acquire all of the publicly held common units representing limited partner interests in Noble Midstream Partners (not already owned by…
Battalion Finalizes Sale of Delaware Basin Assets
Battalion Oil Corp. has completed the sale of certain of its Northern West Quito Assets to Point Energy Partners Operating, LLC for cash proceeds of $26.3 million. The…
Cabot Oil & Gas Talks 2021 Capex Plan; Details Q4, Full Year 2020 Results
Cabot Oil & Gas Corp. reported its Q4 and full year 2020 results. The company also announced its 2021 guidance. 2021 Guidance Capital Budget: $530 to $540 million…
Royal Dutch Shell Fourth Quarter, Full Year 2020 Results; 1Q21 Outlook
Shell reported its Q4 2020 results. Income attributable to Royal Dutch Shell plc shareholders amounted to a loss of $4.0 billion for the fourth quarter 2020, which included…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |