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Latest Eni Stories

2012-08-08 14:22:02

OKLAHOMA CITY, Aug. 8, 2012 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) announced record production for the second quarter ended June 30, 2012. (Logo: http://photos.prnewswire.com/prnh/20120327/DA76602LOGO) Significant accomplishments in the second quarter included: Achieved record production of 94,852 barrels of oil equivalent per day (Boepd), a 76 percent increase over production of 53,984 Boepd for the second quarter of 2011. Production reached 100,000 Boepd in June 2012....

2012-08-08 14:21:56

HOUSTON, Aug. 8, 2012 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN), a fast growing independent oil and gas company focused on the liquids rich Eagle Ford formation in Texas, today announced the Company's operating and financial results for the second quarter of 2012, which included the following highlights: HIGHLIGHTS SECOND QUARTER 2012 Production of 78.2 MBOE, an increase of 33.5 MBOE or 75% over the same period a year ago. Revenues of $6.3 million, 96% oil, an increase of 62%...

2012-08-07 22:20:27

CALGARY, Aug. 8, 2012 /PRNewswire/ - Nexen Inc. (TSX, NYSE: NXY) today announced that we have completed the previously announced sale of a 40% interest in our northeast British Columbia shale gas assets to a consortium led by INPEX CORPORATION of Japan. The total consideration for the sale is $700 million, with 50% cash and a 50% capital carry, effective July 1, 2011. With the deal closed, Nexen now holds a 60% operated interest in the joint venture lands, which are located in the...

2012-08-07 02:22:56

OKLAHOMA CITY, Aug. 7, 2012 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE-PHX-News) today reported financial and operating results for the Company's fiscal third quarter and nine months ended June 30, 2012. HIGHLIGHTS FOR THE PERIODS ENDED JUNE 30, 2012 Recorded a nine-month 2012 net income of $7,188,375 as compared to $5,849,531 for the 2011 nine months Generated cash from operating activities of $20,987,279 for the 2012 nine-month period, well in excess of $16,026,416 of capital...

2012-08-06 02:22:26

DENVER, Aug. 6, 2012 /PRNewswire/ -- Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) today reported financial and operational results for the three and six month periods ended June 30, 2012. Highlights for the quarter ended June 30, 2012, include the following: Production increased to 9,427 barrels of oil equivalent ("Boe") per day, a Company record, and 18 percent higher than the same quarter last year. Growth is in line with the Company's plan, confirming the...

2012-08-02 10:22:16

DENVER, Aug. 2, 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 second quarter and first half 2012 financial results. Q2-12 Financial ResultsFor the quarter-ended June 30, 2012, the Company reported oil and gas sales of $85.8 million, as compared to $22.1 million during the same period in 2011, a 288% increase. Kodiak reported an overall 385% increase...

2012-08-02 02:25:09

DENVER, Aug. 2, 2012 /PRNewswire/ -- Bill Barrett Corporation (NYSE: BBG) today reported second quarter 2012 results and announced operational updates highlighted by: Oil and natural gas production growth, up 13% to 29.9 Bcfe; oil production up 92% over the second quarter of 2011 and up 32% sequentially. Discretionary cash flow (a non-GAAP measure, see below) of $94.7 million or $2.00 per diluted common share. Leasehold acquisitions totaling 31,070 net acres in the Denver-Julesburg ("DJ")...

2012-08-02 02:23:32

HOUSTON, Aug. 2, 2012 /PRNewswire/ -- Plains Exploration & Production Company (NYSE:PXP) ("PXP" or the "Company") announces 2012 second-quarter financial and operating results. SECOND-QUARTER HIGHLIGHTS Total revenues were $566.7 million, a 10% increase compared to second-quarter 2011. Oil/liquids revenues were $519.5 million, a 30% increase compared to second-quarter 2011. Average crude oil realized price per barrel before derivative transactions was $99.29, a 5% increase compared...

2012-08-02 02:23:06

DENVER, Aug. 2, 2012 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today reported second-quarter 2012 net income of $64.3 million, or $0.74 per diluted share. This compares to second-quarter 2011 earnings of $166.7 million, or $1.94 per diluted share. Second-quarter 2012 net income includes an unrealized non-cash gain on derivative instruments associated with 2012 oil hedges of $10.1 million ($0.07 per share after-tax) and a loss on early extinguishment of debt of $16.2 million ($0.12...

2012-08-01 22:20:27

ACCRA, Ghana, August 2, 2012 /PRNewswire/ -- On the 25th to the 27th of September, a leading delegation of 65 executives from around Africa will settle into the Movenpick Ambassador Hotel in Accra, Ghana, for two days, for what promises to be the best attended event in the oil and gas calendar this year - GDS International's [http://www.gdsinternational.com ] Next Generation Oil and Gas Africa summit (NG O&G Africa [http://www.ngosummitafrica.com ]). In attendance...