Latest Barrel of oil equivalent Stories
CUT BANK, MT, March 19, 2012 /PRNewswire/ - Mountainview Energy Ltd. (TSXV: MVW) ("Mountainview" or the "Company") is pleased to provide an operational update on the completion of the Wolter 13-23H horizontal Bakken well in the Section 23-T163N-R100W, Divide County, North Dakota by SM Energy Company ("SM Energy"), a public company traded on the New York Stock Exchange. Drilling and fracturing operations on the Wolter 13-23H well are complete and the well is currently...
TORONTO, March 14, 2012 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the release of its audited consolidated financial results for the years ended December 31, 2011 and 2010, together with its Management Discussion and Analysis ("MD&A") for the corresponding period. These documents will be posted on the Company's website at www.pacificrubiales.com and on SEDAR at www.sedar.com. The Company has scheduled a teleconference call...
TORONTO, Feb. 27, 2012 /PRNewswire/ - PetroMagdalena Energy Corp. (TSXV: PMD), provided an update today on its ongoing exploration program. Luciano Biondi, Chief Executive Officer of the Company stated: "The Llanos exploration program is continuing to build our production and reserves, the latest discovery occurring at Cernicalo in the Cubiro Block where we now have Upper Guadalupe sands on production and potential in uphole in the C7 sands. With the growing success from our...
HOUSTON, Feb. 23, 2012 /PRNewswire/ -- Fourth-Quarter Statistical Highlights: Revenues were $517.5 million and net income attributable to common stockholders was $97.7 million, or $0.69 per diluted share.Adjusted net income attributable to common stockholders was $28.6 million, or $0.20 per diluted share (a non-GAAP measure).Oil/liquids sales accounted for approximately 81% of total oil and gas revenue.Average daily sales volumes increased 13%, or 26% pro forma for asset sales, compared to...
TORONTO, Feb. 23, 2012 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the results of an independent evaluation of the Company's reserves in reports dated February 23, 2012 and effective December 31, 2011, which show that the Company's net 2P reserves grew by approximately 52% when compared to December 31, 2010. José Francisco Arata, President of the Company commented: "We look at these reserves reports for 2011 as a clear...
LAFAYETTE, La., Feb. 22, 2012 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the fourth quarter and year-end of 2011. Some of the highlights include: Net income was $194.3 million or $3.97 per share for year ended December 31, 2011.Production has commenced from the deep water Pyrenees well at Garden Banks 293 at a current gross rate of approximately 45 MMcf and 2,900 Bbl per day. Net rate to Stone is approximately 18 MMcfe per...
HOUSTON, Feb. 8, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE Amex: EPM) today reported results for the second fiscal quarter ended December 31, 2011 ("Q2-12" or the "current quarter"), with comparisons to the three months ended September 30, 2011 (the "prior quarter") and the three months ended December 31, 2010 (the "year-ago quarter"). Q2-12 net income was $1.3 million, or $0.04 per diluted share attributable to common stockholders ($0.05 basic). This compares to $1.0...
DENVER, Jan. 30, 2012 /PRNewswire/ -- Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, today announced preliminary unaudited financial and operational results for the fiscal year 2011. Kodiak has prepared the preliminary information based on the most current information available to management. Its normal closing and financial reporting processes with respect to the...
LAFAYETTE, La., Dec. 28, 2011 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced the closing of the previously announced acquisition of deep water assets from BP Exploration & Production Inc. (BP), which include BP's 75% operated working interest in the five block deep water Pompano field in Mississippi Canyon, a 51% operated working interest in the adjacent Mississippi Canyon block 29, a 50% non-operated working interest in the Mica field, which ties...
CUT BANK, MT, Dec. 15, 2011 /PRNewswire/ - Mountainview Energy Ltd. (TSXV: MVW) ("Mountainview" or the "Company") is pleased to announce an operational update on the completion of the Olson 1-21-16HÂ horizontal well, which spudded in April 2011 in the SESE-Section 21-Township 29 North, Range 57 East, Roosevelt County, Montana by G3 Operating, LLC. ("G3"), a subsidiary of GeoResources, Inc., a U.S. Public Company traded on NASDAQ. Drilling and fracturing operations on the...
