Oil & Gas Exploration and Production

Page 2

ConocoPhillips gives Q3 2014 and Q4 2014 production guidance; raises low end of prior FY 2014 production guidance

7:00am EDT

ConocoPhillips:Expects Q3 2014 production to be 1,435 MBOED to 1,485 MBOED.Expects Q4 2014 production to be 1,590 MBOED to 1,640 MBOED.Expects FY 2014 production guidance to be about 1,525 MBOED to 1,550 MBOED.

Surge Energy Inc reaffirms FY 2014 FFO guidance

6:00am EDT

Surge Energy Inc:Expects annualized FFO per share per share of $1.50 for FY 2014 (Previous: $1.50 per share).

Swift Energy Co revises FY 2014 production guidance; gives Q3, 2014 and FY 2015 production guidance

5:59am EDT

Swift Energy Co:Expects Q3 2014 production of 2.79 - 2.84 MMBoe.Expects to increasing estimated production volumes for FY 2014 from a range of 31.5 – 32.3 Mboe/d to a range of 32.6 – 33.2 Mboe/d.Expects to grow FY 2015 production to a range of 34.5 - 36.2 mboe/d.

Afren Plc announces temporary suspension of CEO Osman Shahenshah pending investigation

2:02am EDT

Afren Plc:Board announces temporary suspension of chief executive Osman Shahenshah and chief operating Shahid Ullah pending investigation.Egbert Imomoh has agreed to become executive chairman.Board has appointed Toby Hayward, current senior independent director, as interim CEO.

Palliser Oil and Gas Corp and Maha Energy Inc to amalgamate to form an oil and gas company focused on exploitation and development

Wednesday, 30 Jul 2014 07:30pm EDT

Palliser Oil and Gas Corp and Maha Energy Inc:Says the comapny and Maha Energy Inc. have entered into an amalgamation agreement pursuant to which Maha and Palliser will amalgamate to form a new corporation to be called "Maha Energy Inc.".Palliser has also closed a minor asset disposition with Maha and entered into two farmout arrangements with Maha.Pursuant to the Amalgamation, shareholders of Palliser will receive 0.1393 of a common share of New Maha for each common share of Palliser and shareholders of Maha will receive one New Maha Share for each common share of Maha.Based on the price of $1.25 per Maha Share, being the price at which Maha recently raised $10 million of gross proceeds in a private placement of Maha Shares.Says the combined asset base following completion of the Amalgamation will consist of heavy oil properties in the greater Lloydminster region of Alberta and Saskatchewan and a 99 pct. interest in the LAK Ranch Field, a heavy oil property located in Wyoming.Says at closing of the Amalgamation, total production is expected to be about 1,650 boe/d (99% oil).

Waldron Energy Corp announces closing of private placement financing

Wednesday, 30 Jul 2014 06:00pm EDT

Waldron Energy Corp:Closes previously announced non-brokered private placement, which was increased to 5,459,545 common shares issued on flow-through basis for gross proceeds of about $1.8 mln.All other terms and conditions of Offering remained same as previously announced.

ARC Resources Ltd reaffirms FY 2014 production guidance

Wednesday, 30 Jul 2014 05:30pm EDT

ARC Resources Ltd:Maintains full year production guidance of 110,000 to 114,000 boe per day for FY 2014.

Trilogy Energy Corp reaffirms FY 2014 production guidance

Wednesday, 30 Jul 2014 05:02pm EDT

Trilogy Energy Corp:Expects FY 2014 average production of 36,000 Boe/d (45pct oil and NGLs).

Alliance Petroleum Corp announces auditor change - Form 8-K

Wednesday, 30 Jul 2014 04:55pm EDT

Alliance Petroleum Corp:Says on July 25, 2014, it dismissed the engagement of M&K CPAS, PLLC (M&K) as the company's principal accountant.Says on July 25, 2014, it engaged Li and Company, PC (Li) as its principal accountant to audit the company's financial statements.

Halcon Resources Corp gives Q3 2014 production guidance; raises FY 2014 production guidance

Wednesday, 30 Jul 2014 04:15pm EDT

Halcon Resources Corp:Expects Q3 2014 production in the range of 43,000-41,000 Boe/d.Expects FY 2014 production in the range of 42,000-40,000 Boe/d.

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