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RSS LATEST NEWS

  • More Marcellus Takeaway Inches Closer: FERC Releases Mountain Valley Pipeline EIS
    Mountain Valley will transport gas from Marcellus to Virginia The Federal Energy Regulatory Commission released its final environmental impact statement for the Mountain Valley pipeline project today. The Mountain Valley pipeline project is a 300 mile natural gas pipeline that will transport gas from the heart of the Marcellus in Northern West Virginia to Southern […]
  • Eleven More Rigs Add Up to 23 Weeks of Increasing Activity
    More rigs in 31 of 32 past weeks Rigs active in the U.S. have stretched their inexorable climb into the 23rd week, according to Baker Hughes’ Rotary Rig Count. In total, eight rigs came online in the U.S. over the past week, bringing the total number of active rigs in the U.S. to 941. In […]
  • Evolution Petroleum: Industry-Leading Positive Free Cash Flow
    Evolution Petroleum Corp. (ticker: EPM) has built its foundation asset in the Delhi field in NE Louisiana. Delhi is a unique, producing asset that delivers positive free cash flow—consistently. The field is currently under CO2-EOR development. The company’s reserves report indicates that Evolution has approximately 10.8 MMBOE in total proved reserves as of June 30th, […]
  • Painted Pony’s 200,000 Montney Acres Expected to Help Double 2016 Average Production Rate in 2017
    Painted Pony Energy Ltd. (ticker: PONY) is active in the Montney formation, where it pursues natural gas and natural gas liquids production in its 200,009 net acres in Northeast British Columbia. In the first quarter of 2017, Painted Pony averaged 215 Mmcfe per day of natural gas production—equivalent to 35,878 BOEPD. The company estimates its […]
  • Unit Corporation: Drilling Granite Wash, Hoxbar and Wilcox; All 9 Boss Rigs in the Field
    Unit Corporation (ticker: UNT) attacks its oil and gas business via three distinct subsidiaries: Unit Drilling Company, Unit Petroleum Company, and Superior Pipeline Company. Unit Petroleum Company Unit Petroleum Company is active in four basins, the Mississippian, the Hoxbar, the Granite Wash, and the Wilcox. In Q1, 2017, the company averaged 42,000 BOEPD and expects […]
  • Mexico’s CNH to International Frontier Resources: You are Cleared for Takeoff
    IFR scores approval for Tecolutla evaluation plan; next step–drilling permits Clagary-based International Frontier Resources (ticker: IFR) announced Friday that the company received approval from the National Hydrocarbons Commission (CNH) for its evaluation plan of Block 24 Tecolutla. IFR’s joint venture Tonalli Energia acquired Tecolutla in Round 1.3 of the Mexican energy reform process. The evaluation […]
  • EnerCom Announces the Debut of Oilfield Tech & Innovation Day – Aug. 17, 2017
    The Oil & Gas Conference® Oilfield Tech & Innovation Day brings technology innovators and sources of capital, potential customers together For this year’s The Oil  & Gas Conference®, the final day of the conference will bring on some new energy. On Thursday August 17, 2017, immediately following the oil and gas company financial presentations, EnerCom will […]