E & P News
STACK-Focused Chaparral Energy Files Chapter 11 Again
STACK focused Chaparral Energy has filed for Chapter 11 bankruptcy again. This is the second time the company has filed in four years. As of the first quarter,…
Lonestar Resources Second Quarter 2020 Results
Lonestar Resources US Inc. reported its Q2 2020 results. Highlights: Lonestar responded to a collapse in crude oil prices during the second quarter by shutting-in most of its…
Industry Vet Lynn Peterson Poised to Take Helm of Whiting Petroleum
Whiting Petroleum Corp. has announced the expected appointment of Lynn Peterson, a 40-year oil and gas industry veteran, as Chief Executive Officer, effective as of the Company's anticipated…
Laredo Petroleum Adds New Director to Board
Laredo Petroleum, Inc. announced the appointment of Lisa Lambert to the Company’s Board of Directors. Her appointment as an independent director was effective August 13, 2020. Additionally, Peter…
Remora Petroleum Files for Bankruptcy
Remora Petroleum has filed for bankruptcy, according to multiple reports. The Austin, Texas-based company has several op and non-op assets across the US, including the DJ Basin, Anadarko…
Vista Restarts Vaca Muerta Well Pads; Cuts Costs with New Well Design
In its Q2 presentation, Vista Oil & Gas updated its Vaca Muerta operations, including restarting shut-in wells as well as detailing its new well design. Production Restart The…
Chesapeake Energy Talks 2nd Half 2020 Drilling & Completion Plan
Chesapeake provided an update on remainder of its 2020 development program. The company plans to...
Occidental Petroleum Second Quarter 2020 Results
Occidental Petroleum reported its Q2 2020 results. Highlights: All business segments exceeded guidance and continued to deliver operational excellence Combined production of 1,406 Mboed from continuing operations, exceeding…
Ring Energy Second Quarter 2020 Results
Ring Energy, Inc. reported its Q2 2020 results. Financials For the three-month period ended June 30, 2020, the Company reported oil and gas revenues of $10,636,593. For the…
Goodrich Petroleum Second Quarter 2020 Results
Goodrich Petroleum Corp. reported its Q2 2020 results. Highlights: Adjusted EBITDA: Adjusted EBITDA was $15.4 million in the quarter. Discretionary Cash Flow was $14.5 million and Capital Expenditures…
Battalion Oil Corp. Second Quarter 2020 Results
Battalion Oil Corp. announced its second quarter 2020 results. Q2 Highlights Decreased Adjusted G&A to $2.08/Boe in 1H 2020 vs $5.47/Boe in 1H 2019 (see Selected Operating Data…
TransGlobe Energy Second Quarter 2020 Results
TransGlobe Energy Corp. reported its Q2 2020 results. Highlights: TransGlobe is focused on conserving cash to proactively manage its balance sheet in the current low commodity price environment.…
Extraction Oil & Gas Second Quarter 2020 Results
Extraction Oil & Gas reported its Q2 2020 results. Extraction is currently in Chapter 11 bankruptcy, which it filed on June 15, 2020. Q2 Financials Oil sales revenues.…
Diversified Gas & Oil Second Quarter 2020 Results
Diversified Gas & Oil PLC reported its Q2 2020 results. Key Highlights: June 2020 exit rate net production of 109.0 MBoepd (653.8 MMcfepd) Exit rate net production of…
YPF Second Quarter 2020 Results
YPF SA reported its Q2 2020 results. Q2 Highlights: Revenues for Q2 2020 were Ps 133.6 billion, which represents a decrease of 16.7%, compared to Q2 2019. Operating…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |