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Oil & Gas Drilling

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Boart Longyear says qtrly ‍revenue $199 million

Friday, 10 Nov 2017 02:42am EST

Nov 10 (Reuters) - Boart Longyear Ltd ::Qtrly ‍revenue $199 million versus $175​ million.‍Qtrly adjusted net loss after tax $3 million versus loss of $23 million.

Jagged Peak reports Q3 loss per share of $0.07

Wednesday, 8 Nov 2017 05:10pm EST

Nov 8 (Reuters) - Jagged Peak Energy Inc :Jagged Peak Energy Inc. Announces third quarter 2017 financial and operating results.Q3 loss per share $0.07.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Jagged Peak Energy Inc - ‍production volumes were 19,180 boe/d for quarter, an increase of 201%​.Jagged peak energy inc - ‍now expect to complete 15 to 17 operated wells this quarter​.Jagged Peak Energy - ‍expect that production will range from 26,000 to 27,000 boe/d during q4.Jagged Peak Energy - some ‍delays have increased completed well costs and will reduce total number of well completions in q3, q4.Jagged Peak sees ‍2017 capital expenditures for development of oil and gas properties and infrastructure of about $550 to $575 million​.Jagged Peak Energy Inc sees ‍2017 production of 17,500 to 17,800 boe/d​.

Songa Offshore posts $25 mln net loss for Q3

Wednesday, 8 Nov 2017 10:30am EST

Nov 8 (Reuters) - Songa Offshore :Songa offshore reports total revenue for q3 2017 of usd 181 million and ebitda of usd 107 million.​.Reports Q3 net loss $24.9 million vs net profit of $65 mln​ in Q3 2016.Net result impacted by income tax expense for Q3 rising to USD 40.1 million vs $2.5 million in Q3 2016 due to decision to write off the deferred tax assets associated with the exit tax case of USD 42.4 million .Says the market is expected to have the activity and utilization low-point in 2017, with increased utilization and day rates thereafter, also driven by continued rig scrapping.Says the north sea rig market continued to decline throughout 2016 with clear sign of bottoming out in 2017.All Songa offshore’s four operating rigs are working for statoil on long term contracts on the norwegian continental shelf. .The cat d rigs had an average operating efficiency of 98.0% and an average earnings efficiency of 98.3% in the third quarter 2017.Says on 21 september 2017 songa offshore announced that it had been served with an application to the english court made by dsme seeking permission to appeal the arbitration awards..Says considers that dsme’s application was made out of time and a strike out application has been issued in the english court..

India's Jindal Drilling and Industries Sept-qtr profit more than halves

Wednesday, 8 Nov 2017 06:09am EST

Nov 8 (Reuters) - Jindal Drilling and Industries Ltd :Sept quarter profit 22.6 million rupees versus profit 62 million rupees year ago.Sept quarter net income from operations 394.5 million rupees versus 1.10 billion rupees year ago.

India's Aban Offshore Sept qtr consol loss widens

Wednesday, 8 Nov 2017 02:51am EST

Nov 8 (Reuters) - Aban Offshore Ltd :Sept quarter consol net loss 2.78 billion rupees versus loss of 2.75 billion rupees last year.Sept quarter consol income from operations 3.29 billion rupees versus 3.99 billion rupees last year.

Nabors and Tesco announce transaction status update

Monday, 6 Nov 2017 06:28pm EST

Nov 6 (Reuters) - Nabors Industries Ltd ::Nabors and Tesco announce transaction status update.Co, Tesco recently received anti-trust clearance from U.S. Department of Justice and Canada Competition Bureau regarding deal​.Approval process with Federal Antimonopoly Service of Russian Federation for Tesco deal was initiated, determination expected in next few weeks​.

Ensign Energy Services reports Q3 loss per share of c$0.23

Monday, 6 Nov 2017 05:00am EST

Nov 6 (Reuters) - Ensign Energy Services Inc :Reports 2017 third quarter results.Q3 loss per share c$0.23.Q3 revenue c$247.1 million versus I/B/E/S view c$270.2 million.Q3 earnings per share view c$-0.13 -- Thomson Reuters I/B/E/S.‍2018 pricing, capital spend by customers unclear; to likely be similar to 2017 spend, unless commodity pricing changes​.Net capital expenditures for calendar year 2017 currently targeted between $100 to $105 million.

National Drilling 9-month loss narrows

Monday, 6 Nov 2017 02:18am EST

Nov 6 (Reuters) - NATIONAL DRILLING CO :NINE-MONTH NET LOSS $876,657 VERSUS LOSS OF $897,639 YEAR AGO.

PHX Energy Services Q3 loss per share 0.01​

Thursday, 2 Nov 2017 08:10pm EDT

Nov 2 (Reuters) - PHX Energy Services Corp :PHX Energy announces strong financial and operating results in the third quarter.Qtrly consolidated revenue of $65.4 million, up 87 percent from $35.0 million in the comparable 2016-period‍​.Qtrly ‍loss per share 0.01​.Anticpated 2017 capital budget remains at $25.0 million.

Noble Corporation reports third quarter 2017 results

Thursday, 2 Nov 2017 05:06pm EDT

Nov 2 (Reuters) - Noble Corporation Plc :Noble Corporation Plc reports third quarter 2017 results.Q3 loss per share $0.40.Q3 revenue $266 million versus I/B/E/S view $268.7 million.Q3 earnings per share view $-0.36 -- Thomson Reuters I/B/E/S.Q3 loss per share $0.36 excluding items.Noble Corporation Plc - qtrly total average dayrate ‍$168,127​ versus $238,869 last year.Noble Corporation Plc - ‍contract backlog totaled approximately $3.2 billion at September 30, 2017​.Noble Corporation Plc - qtrly total average rig utilization ‍60%​ versus 59% last year.Noble Corp-current contract backlog of $3.2 billion is expected to provide revenues in 2018 that exceed $860 million & revenues of over $700 million in 2019​.Noble Corporation Plc - ‍current expectation for 2018 is to generate positive free cash flow​.

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