Latest Permian Basin Stories
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...
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 quarter...
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 and...
OKLAHOMA CITY, Feb. 25 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced financial and operational results for the quarter and year ended December 31, 2009. Financial Highlights Fourth Quarter Adjusted net income available to common stockholders (which excludes non-cash asset impairments, unrealized gains or losses on derivative contracts and gains or losses on the sale of assets) of $26.3 million, or $0.14 per share, in fourth quarter 2009 compared to adjusted...
SALT LAKE CITY, Feb. 1 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) today reported production figures for the fourth quarter and full year 2009. Total oil and gas production for the fourth quarter of 2009 was 1.08 Bcfe (billion cubic feet equivalent), or 280 percent of the 0.39 Bcfe produced in the fourth quarter of 2008. Full year 2009 production was 2.26 Bcfe, or 136 percent of the 1.67 Bcfe total produced in 2008. New Gas Production Drives Results The production increase for...
OKLAHOMA CITY, Nov. 30 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has entered into a definitive purchase agreement to acquire oil and gas properties in the Permian Basin from Forest Oil Corporation ("Forest") and one of its subsidiaries for $800 million, subject to customary closing conditions and purchase price adjustments. Approximately $720 million of the purchase price is attributable to the reserves and $80 million to undeveloped acreage,...
SALT LAKE CITY, Sept. 23 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN) announced today that the facilities and pipeline are complete and gas production has started on the Company's Roszkow well in western Poland. The well is currently in the start-up phase. Over the next several days the well is expected to reach its planned daily production rate of 15 million cubic feet of gas per day (mmcf/d) gross, 7.35 mmcf/d net to FX Energy. The well produces from a Rotliegend sandstone...
Vanguard Natural Resources, LLC (NYSEArca:VNR) will hold its quarterly conference call to discuss third quarter 2008 results on Friday, November 14, 2008 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) following the release of its third quarter results before the stock market opens on the same day. This call is being webcast and may be accessed at the company's website at www.vnrllc.com through the Investor Relations link. Alternatively, U.S. participants may dial 888-713-4213...
BreitBurn Energy Partners L.P. (NASDAQ:BBEP) today announced it will report its third quarter 2008 results after the close of regular trading on Thursday, November 6, 2008, via a news release and the filing of its Form 10-Q with the Securities and Exchange Commission. A teleconference and web cast available to all interested parties will begin at 2:00 p.m. (Pacific Time). Those wishing to participate in the conference call should call 800-289-0572 (international callers dial 913-312-1303)...
BreitBurn Energy Partners L.P. (NASDAQ:BBEP) announced today a cash distribution of $0.52 per unit for the third quarter 2008 for all of its outstanding units, which will be payable on November 14th, 2008 to the record holders of common units at the close of business on November 10th, 2008. About BreitBurn Energy Partners L.P. BreitBurn Energy Partners L.P. is a publicly traded independent oil and gas limited partnership focused on the acquisition, exploitation, development and...
