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Latest Permian Basin Stories

2010-10-05 11:55:00

SALT LAKE CITY, Oct. 5 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today announced the signing of a definitive Joint Operating Agreement with the Polish Oil and Gas Company ("POGC") covering operations in the Company's 710,000 acre Kutno concession block in central Poland. POGC will earn a 50% interest in the block in connection with drilling of the first well; FX will be the operator. The parties plan to test a previously undrilled 35,000 acre (140 square kilometer) 2-D...

2010-09-20 10:30:00

DALLAS, Sept. 20 /PRNewswire-FirstCall/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.112717 per unit, payable on October 15, 2010, to unit holders of record on September 30, 2010. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website...

2010-08-20 10:30:00

DALLAS, Aug. 20 /PRNewswire-FirstCall/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.111909 per unit, payable on September 15, 2010, to unit holders of record on August 31, 2010. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2010-08-11 11:10:00

HOUSTON, Aug. 11 /PRNewswire-FirstCall/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced it has completed the acquisition of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico. Apache acquired 10 Permian field areas with estimated proved reserves of 141 million boe (65 percent liquids), first-half 2010 net production of 15,110 barrels of liquids and 81 MMcf of gas per day, and two operated gas processing plants. The...

2010-08-04 15:05:00

OKLAHOMA CITY, Aug. 4 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter and six months ended June 30, 2010. Key Financial Results Second Quarter Net income available to common stockholders of $44.9 million, or $0.20 per share fully diluted, for second quarter 2010 compared to net loss applicable to common stockholders of $91.2 million, or $0.52 per share fully diluted, in second quarter 2009. Adjusted EBITDA...

2010-08-02 11:25:00

THE WOODLANDS, Texas, Aug. 2 /PRNewswire/ -- FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck and trailer parts, announced today that it has acquired the assets of Heavy Vehicle Parts, Inc. The acquisition includes a 16,000 square foot facility in Odessa, Texas and an 11,250 square foot facility in Midland, Texas. With these acquisitions, FleetPride now owns and operates 19 locations in Texas. (Logo:...

2010-07-20 15:12:00

HOUSTON, July 20 /PRNewswire-FirstCall/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced it has agreed to acquire all of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico and Egypt's Western Desert. Apache also will acquire substantially all of BP's upstream natural gas business in western Alberta and British Columbia. Apache will pay $7 billion for the assets, which include estimated proved reserves of 385 million barrels...

2010-07-20 10:00:00

DALLAS, July 20 /PRNewswire-FirstCall/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.116351 per unit, payable on August 13, 2010, to unit holders of record on July 30, 2010. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2010-05-06 15:05:00

OKLAHOMA CITY, May 6 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter ended March 31, 2010. Key Financial Results Net income available to common stockholders of $18.6 million, or $0.09 per share fully diluted, for first quarter 2010 compared to net loss applicable to common stockholders (including $1.3 billion non-cash full cost ceiling impairment) of $1.2 billion or $7.07 per share fully diluted in first...

2010-05-03 08:22:00

HOUSTON, May 3 /PRNewswire-FirstCall/ -- Vanguard Natural Resources, LLC (NYSE: VNR) ("Vanguard" or "the Company") today reported financial and operational results for the quarter ended March 31, 2010. Mr. Scott W. Smith, President and CEO, commented, "We are pleased to report results this quarter that are right in line with our expectations and the guidance we have provided the market. This was our first full quarter where the impact of our recent Permian Basin acquisition was seen...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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