E & P News
Questerre Energy Third Quarter 2020 Results
Questerre Energy Corp. reported its Q3 2020 results. Michael Binnion, President and Chief Executive Officer, commented, “With our credit facility renewed in the quarter, we turned our attention…
Tamarack Valley Energy Third Quarter 2020 Results
Tamarack Valley Energy Ltd. reported its Q3 2020 results. Considerable market volatility has dominated 2020 to date, although the third quarter saw an improvement in WTI benchmark prices.…
Kelt Exploration Third Quarter 2020 Results; Unveils 2021 Budget
Kelt Exploration Ltd. reported its Q3 2020 results. 2021 Budget The Company’s Board of Directors has approved a capital expenditure budget of $90.0 million for 2021. Kelt expects…
Whiting Petroleum Third Quarter 2020 Results
Whiting Petroleum Corp. announced third quarter 2020 results. Third Quarter 2020 Highlights Revenue was $184 million for the quarter ending September 30, 2020 Net income was $278 million,…
Magnolia Oil & Gas Third Quarter 2020 Results
Magnolia Oil & Gas Corp. announced its financial and operational results for the third quarter of 2020. Third Quarter 2020 Highlights: Magnolia reported third quarter 2020 net income…
YPF Reports Resignation of Two Directors
YPF has reported the resignations of two directors. They have received resignation announcements from Messrs. Néstor Javier David and Gerónimo Miranda Cid, as Director and Alternate Director, respectively,…
Perpetual Energy Third Quarter 2020 Results
Perpetual Energy Inc. reported its Q3 2020 results. Capital Spending, Production and Operations: Third quarter production averaged 4,188 boe/d, down 50% from 8,383 boe/d in the comparative period…
Apache Corp. Third Quarter 2020 Results
Apache Corp. announced its financial and operational results for the third quarter 2020. Highlights: Upstream capital investment significantly below guidance in the third quarter; reduced full-year 2020 capital…
Kosmos Energy Third Quarter 2020 Results
Kosmos Energy Ltd. reported the financial and operating results for the third quarter of 2020. For the quarter, the Company generated a net loss of $37 million, or…
BNK Petroleum Changes Name
BNK Petroleum Inc. has changed its name to Kolibri Global Energy Inc. The Company's common shares are expected to begin trading on the TSX under the stock symbol…
Occidental Petroleum Third Quarter 2020 Results
Oxy reported its Q3 2020 results. Highlights: Exceeded $2.0 billion 2020 divestiture target Raised $5.0 billion in senior unsecured debt, retired $5.0 billion of near-term maturities and reduced…
Battalion Oil Corp. Third Quarter 2020 Results
Battalion Oil Corp. announced its third quarter 2020 results. Q3 Production & Financials Average daily net production for the quarter ended September 30, 2020 was 17,076 Boe per…
Abraxas Petroleum Regains Nasdaq Compliance
Abraxas Petroleum Corp. has received a confirmation letter that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum average closing price of $1.00 per…
Bonterra Energy Third Quarter 2020 Results
Bonterra Energy Corp. reported its Q3 2020 results. Q3 Highlights: Averaged 10,004 BOE per day of production in Q3 2020 and 10,737 BOE per day in the first…
Haynesville Operator to Ramp Up Completions 80% in 2021
Goodrich Petroleum Corp. reported its Q3 2020 results as well as highlighted its plans for 2021, which includes increasing its D&C activity in the Haynesville. 2021 For 2021,…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |