Bakken Formation
CALGARY, ALBERTA--(Marketwire - Nov. 19, 2009) - NuLoch Resources Inc. (TSX VENTURE: NLR.A)(TSX VENTURE: NLR.B) advises that it has filed its unaudited interim financial statements as at September 30, 2009 and for the period then ended along with the associated Management Discussion and Analysis at www.sedar.com. Q3 2009 Accomplishments - On August 14, 2009, acquired a 200 boe/d company in an all-share transaction and posted an extraordinary gain of $2,281,000 resulting in net income of $1,780,000 in the quarter; - Production averaged 570 boe/d in the quarter compared to 507 boe/d in Q2 2009; - Funds flow from operations in Q3 2009 increased 17% from Q2 2009; - Carefully managed capital expenditures commensurate with available funds flow; - Subsequent to Q3, significantly expanded the business with an acquisition of petroleum and natural gas interests in North Dakota and a $26,810,000 equity financing; and - Current production is estimated at 769 boe/d with a 55% weighting to light ...
OKLAHOMA CITY, Nov. 19 /PRNewswire-FirstCall/ -- Crusader Energy Group Inc. (Pink Sheets: CKGRQ) today announced that J/M Crusader Acquisition Sub LLC, a subsidiary of Jones Energy Ltd., was the successful bidder at an auction conducted on Friday, November 13, 2009, pursuant to the bid procedures approved by the Bankruptcy Court in Crusader's bankruptcy proceedings. Jones' successful bid is to acquire all shares of the common stock of Crusader that will be issued upon the effectiveness of the reorganization of Crusader and its wholly-owned subsidiaries under Chapter 11 of the United States Bankruptcy Code. As previously announced, Crusader and its wholly-owned subsidiaries filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code with the United States Bankruptcy Court for the Northern District of Texas, Dallas Division on March 30, 2009. Under Crusader's proposed plan of reorganization, all of the currently outstanding equity interests in Crusader would be ...
SAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (NASDAQ: AXAS) today announced its 2010 capital expenditure budget of $30 million and issued guidance for 2010. The capital program for 2010 will be selected from the Company's inventory of projects and will include new drills and re-completions / workovers in the Company's primary producing regions of the Rocky Mountain, Mid-Continent, Permian Basin and onshore Gulf Coast. The ultimate mix of ...
CALGARY, ALBERTA--(Marketwire - Nov. 17, 2009) - PetroBakken Energy Ltd. ("PetroBakken") (TSX: PBN) is pleased to announce that our cash dividend for the month of November will be paid on December 15, 2009 to all PetroBakken shareholders of record on November 30, 2009. The November dividend will be $0.08 per PetroBakken share. The ex-dividend date is November ...
RIVERTON, Wyo., Nov. 16, 2009 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq: USEG) ("USE" or the "Company"), a natural resources exploration and development company with interests in oil and gas, molybdenum, geothermal, and real estate assets, today announced the initial production rate from its Lee 16-21 #1H Bakken well and provided an operations update regarding its Williston Basin drilling program. Williston Basin -- Bakken Drilling Program The Lee 16-21 #1H well, which is operated by Brigham Exploration Company (Nasdaq: BEXP) ("Brigham" or "BEXP"), flowed at an initial 24-hour production test rate of approximately 1,341 barrels of oil and 1.22 MMCF of natural gas per day or 1,544 BOE/D. The well was completed with swell packers and 28 fracture stimulation stages. USE's initial working interest in this well is approximately 60% (~47% net revenue interest), and oil sales from this well are expected to commence immediately. As with the previously completed BCD Farms ...
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U.S. Energy Corp. Announces Initial Production Rate of Approximately 1,544 BOE/D From the Lee 16-21 #1H Bakken Well
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Stetson Closes Acquisition of Producing Oil and Gas Properties and Provides N. Dakota Operational Update
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Stetson Closes Acquisition of Producing Oil and Gas Properties and Provides N. Dakota Operational Update
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Spartan Exploration Ltd. Announces Acquisition of Aztek Energy Ltd. and Creation of Premier Publicly Traded Oil Focused Producer
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Basic Earth Reports 2nd Quarter/Half Year Fiscal 2010 Results
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Samson Oil & Gas Provides Operational Advice, Leonard #1-23H
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Galleon Announces Q3 2009 Financial and Operational Results
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MicroSeismic, Inc. Awarded Contract by Whiting Oil and Gas Corporation for Buried Array Program in the Sanish Field for the Bakken and Three Forks Formations
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Green Oasis Environmental, Inc. Announces Change in Control and Signs Letter of Intent to Acquire Custom Carbon Processing, Inc.
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Petrobank Records Third Quarter Net Income of $54.8 Million
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Norex Reports Improved Third Quarter Results
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Magellan Petroleum Corporation Announces First Quarter Results
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Petrobank and PetroBakken Third Quarter 2009 Investor Conference Call
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Wenzel Downhole Tools Ltd Announces Third Quarter Results for 2009
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Arsenal Energy Releases Q3 Results
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Essential Energy Services Trust Announces Third Quarter 2009 Results and Elimination of the Distribution
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Freehold Royalty Trust Announces 2009 Third Quarter Results, 17% Increase in Monthly Distributions, and Extra Distribution for 2009
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GeoResources, Inc. Provides Operations Update
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Bronco Drilling Company, Inc. Announces Monthly Operating Results
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Canaccord Adams Reiterates a 'Buy' on Rosetta Resources (ROSE); Raises PT
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Baytex Energy Trust Announces Third Quarter 2009 Results
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New Horizontal Bakken Well Announced by Basic Earth
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Baytex Energy Trust Announces Third Quarter 2009 Results
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Dawson Geophysical Reports Year End and Fourth Quarter Results
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Ryland Oil Provides Corporate Update and Announces Debt Financing
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Ryland Oil Provides Corporate Update and Announces Debt Financing
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PetroBakken Announces Third Quarter Results and Current Production of 44,500 boepd
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Trican-2009 Third Quarter Results
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Abraxas Reports Third Quarter 2009 Results
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American Oil & Gas Reports 3rd Quarter 2009 Financial Results
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Rosetta Resources Inc. Announces Third Quarter 2009 Results and Provides Update On Emerging Plays
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Brigham Exploration Reports Third Quarter 2009 Results and Provides Fourth Quarter 2009 Forecasts
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Hiland Reports Third Quarter 2009 Results
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EOG Resources Reports Third Quarter 2009 Results
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Kodiak Oil & Gas Corp. Reports Third Quarter 2009 Results
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GeoResources, Inc. Reports Third Quarter and Nine-Month Financial Results
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Concho Resources Inc. Reports Third Quarter 2009 Financial and Operating Results and Provides 2010 Capital Budget Detail and Guidance
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Gulfport Energy Corporation Reports Third Quarter 2009 Results
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Pioneer Drilling Reports Third Quarter 2009 Results
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Continental Resources Announces Strong Third Quarter 2009 Results
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Penn Virginia Corporation Announces Third Quarter 2009 Results
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Atikwa Announces 39 Section Bakken Farm In With TriAxon Limited Partnership
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Enbridge Reports Record Earnings; Raises Guidance
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Enbridge Reports Record Earnings; Raises Guidance
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XTO Energy Announces Record Production, Revenues and Cash Flow in Third Quarter; Expects Double-Digit Production Growth and Significant Free Cash Flow for 2010
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Phoenix Reports Financial and Operational Results for the Three-Month & Nine-Month Periods Ended September 30, 2009
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Morning Movers 10/03: BNI, DDRX, BDK, AIMC, RTEC, MEDW Higher; CKEC, TPGI, IBCP, NSTC, CMLS, HEB Lower
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Basic Earth Participates in Additional North Dakota Horizontal Bakken Wells
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Marathon Oil Corporation Reports Third Quarter 2009 Results
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WestFire to Acquire Exceed and Producing Assets to Create a Premier Public Viking Focused Junior Producer
