Latest Basin Stories
DENVER, Feb. 23, 2011 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported full-year 2010 operating results highlighted by: Natural gas and oil production growth, up 8% to 96.5 Bcfe Proved reserve growth, up 16% to 1.1 Tcfe or 263% production replacementDiscretionary cash flow up, at $467 million or $10.18 per diluted common shareNet income up, at $80.5 million or $1.75 per diluted common share Chairman, Chief Executive Officer and President Fred Barrett commented: "2010 was...
DENVER, Nov. 2, 2010 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2010 operating results highlighted by: Natural gas and oil production up 12% to 25.5 Bcfe Discretionary cash flow up 27% to $136.5 million, or $2.98 per diluted common shareNet income up significantly to $24.6 million, or $0.54 per diluted common share Initiation of continuous development program in West TavaputsContinued operating and capital cost discipline driving improved...
DENVER, Aug. 3 /PRNewswire-FirstCall/ -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2010 operating results highlighted by: Natural gas and oil production up 14% to 25.1 Bcfe Discretionary cash flow up 13% to $116.1 million, or $2.55 per diluted common shareNet income up significantly to $39.2 million, or $0.86 per diluted common share Record of Decision published for West Tavaputs key development asset Chairman, Chief Executive Officer and President Fred Barrett...
DENVER, Nov. 5 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Nasdaq: DPTR), an independent oil and gas exploration and development company, announced its financial and operating results for the third quarter of 2009. GRAY 31-23 COMPLETION RESULTS Delta has finished completion efforts on the Gray well. As previously announced, while all zones encountered significant high pressure, they flowed primarily water with minor amounts of non-commercial associated gas. Additional testing...
DENVER, May 5 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Nasdaq: DPTR), an independent oil and gas exploration and development company, today announced its financial and operating results for the first quarter of 2009. Roger Parker, the Company's Chairman and CEO stated, "Delta's financial results for the first quarter continued to reflect depressed commodity prices. However, numerous steps have been taken to reposition the Company for the current industry environment. During...
PROVED RESERVES INCREASE 135% TO 884 BCFE AND ALL-IN F&D COSTS DECREASE TO $1.37 PER MCFE DENVER, March 2 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Delta or the Company) (Nasdaq: DPTR), an independent oil and gas exploration and development company, today announced its financial and operating results for the fourth quarter and full year 2008 and that it has entered into a forbearance agreement and amendment to the Credit Facility with its bank group. 2008 HIGHLIGHTS...
DENVER, Nov. 6 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (Delta or the Company) , an independent oil and gas exploration and development company, today announced its financial and operating results for the third quarter and nine months of 2008. THIRD QUARTER HIGHLIGHTS -- Revenue from oil and gas sales increased 112% to $49.0 million -- Total revenue increased 39% to $60.8 million -- EBITDAX (a non-GAAP measure) increased 98% to $42.9 million -- Production from...
Bill Barrett Corporation (NYSE: BBG) today reported third quarter 2008 operating results highlighted by: -- A significant shale gas discovery at the Yellow Jacket prospect in the Paradox Basin in southwest Colorado -- Production growth, up 33% from the prior year period to 19.6 billion cubic feet equivalent (Bcfe) -- Discretionary cash flow growth, up 93% from the prior year period to $105.6 million or $2.34 per diluted common share and $5.39 per million cubic feet...
CALGARY, Oct. 27 /PRNewswire/ -- Rodinia Oil Corp. ("Rodinia") is pleased to announce that it has received an independent report from Ryder Scott Company, L.P. ("Ryder Scott") disclosing a resource estimate of the Officer Basin within Rodinia's Lands (the "Ryder Scott Report"). The Ryder Scott Report on the resource potential of the Officer Basin describes a possible distribution of the prospective (recoverable) portion of "Undiscovered Resources", as defined by the Canadian Oil and Gas...
Capital City Energy has announced that its wholly owned subsidiary, Avanti Energy Partners, will complete plans for a five-well natural gas drilling program in the fourth quarter and commence drilling in the first quarter of 2009. The drilling package will target the Clinton Sandstone in the Appalachian Basin, US. The Clinton Sandstone is less than 4,000 feet deep and will be drilled on 20-acre spacing. The target area is surrounded by other wells currently in operation that have produced...
Latest Basin Reference Libraries
An endorheic basin, from the Ancient Greek endon, meaning “within” and rhein, meaning “to flow”, is a closed drainage basin that holds onto water and does not allow outflow to other external bodies of water, such as oceans or rivers, but joins instead into lakes or swamps, seasonal or permanent, that equilibrate via evaporation. Basins such as these might also be referred to as closed or terminal basin or as internal drainage systems. Usually, water that has built up in a drainage...
