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Oil & Gas Exploration and Production

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Crown Energy Q2 Operating Profit Falls To Sek 5.3 Mln

Friday, 17 Aug 2018 02:30am EDT

Aug 17 (Reuters) - Crown Energy AB ::Q2 REVENUE AMOUNTED TO SEK 19,206 THOUSAND (31,305).Q2 OPERATING PROFIT AMOUNTED TO SEK 5,329 THOUSAND (17,131).

Tap Oil Says Received Unsolicited Indicative Proposal From Northern Gulf Petroleum

Thursday, 16 Aug 2018 07:33pm EDT

Aug 17 (Reuters) - Tap Oil Ltd ::RECEIVED AN UNSOLICITED INDICATIVE, CONDITIONAL AND NON-BINDING PROPOSAL FROM NORTHERN GULF PETROLEUM HOLDINGS LIMITED.DEAL FOR INDICATIVE PRICE OF BETWEEN $0.10- $0.11 CASH PER TAP SHARE.PROPOSAL OUTLINES POTENTIAL PROPORTIONAL OFF-MARKET TAKEOVER OFFER FROM NORTHERN GULF TO ACQUIRE 10-20% OF ORDINARY SHARES OF TAP.PROPOSAL REGARDING A POTENTIAL OFFER TO BUY PROPORTION OF SHARES IN TAP THAT NORTHERN GULF, ASSOCIATES DO NOT ALREADY OWN.INDEPENDENT DIRECTORS FORMED VIEW THAT NORTHERN GULF PROPOSAL IN ITS CURRENT FORM IS NOT A SUPERIOR PROPOSAL TO EXISTING RISCO OFFER.INDEPENDENT DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND THAT IN ABSENCE OF A SUPERIOR PROPOSAL EMERGING, TAP SHAREHOLDERS ACCEPT RISCO OFFER.

Corvex Management Says After Energen-Diamondback Energy Deal, Corvex, Carl Icahn Will Cease Filing Joint Schedule 13D Statements Related To Energen

Thursday, 16 Aug 2018 06:30am EDT

Aug 16 (Reuters) - Energen Corp ::CORVEX MANAGEMENT SAYS AFTER ENERGEN-DIAMONDBACK ENERGY DEAL, CORVEX, CARL ICAHN WILL CEASE FILING JOINT SCHEDULE 13D STATEMENTS RELATED TO ENERGEN.CORVEX MANAGEMENT LP SAYS CARL ICAHN REPORTS 9.9 PERCENT STAKE IN ENERGEN AS OF AUGUST 15 - SEC FILING.CORVEX MANAGEMENT SAYS CARL ICAHN PREVIOUSLY REPORTED 8.9 PERCENT STAKE IN ENERGEN AS OF AUG 10, 2018.

Corvex Management Says After Energen-Diamondback Energy Deal, Corvex, Carl Icahn Will Cease Filing Joint Schedule 13D Statements Related To Energen

Thursday, 16 Aug 2018 06:30am EDT

Aug 16 (Reuters) - Energen Corp ::CORVEX MANAGEMENT SAYS AFTER ENERGEN-DIAMONDBACK ENERGY DEAL, CORVEX, CARL ICAHN WILL CEASE FILING JOINT SCHEDULE 13D STATEMENTS RELATED TO ENERGEN.CORVEX MANAGEMENT LP SAYS CARL ICAHN REPORTS 9.9 PERCENT STAKE IN ENERGEN AS OF AUGUST 15 - SEC FILING.CORVEX MANAGEMENT SAYS CARL ICAHN PREVIOUSLY REPORTED 8.9 PERCENT STAKE IN ENERGEN AS OF AUG 10, 2018.

Sundance Energy Australia Says Q2 Total Revenue Increased 29% To US$27.4 MLN

Wednesday, 15 Aug 2018 06:17pm EDT

Aug 16 (Reuters) - Sundance Energy Australia Ltd ::TOTAL REVENUE FOR QUARTER INCREASED 29% TO US $27.4 MILLION.ADJUSTED EBITDAX FOR Q2 OF 2018 WAS US$9.4 MILLION.Q2 NET PRODUCTION WAS 718,199 BOE OR 7,892 BOE/DAY, UP 14 PERCENT.QTRLY LOSS ATTRIBUTABLE US$61.010 MILLION VERSUS LOSS OF US$8.231 MILLION.

Alta Mesa Announces Second Quarter Loss Per Share $0.04

Tuesday, 14 Aug 2018 06:00am EDT

Aug 14 (Reuters) - Alta Mesa Resources Inc ::ALTA MESA ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS.ALTA MESA RESOURCES-2018 NET PRODUCTION GREW BY MORE THAN 50% FROM AVERAGE DECEMBER DAILY PRODUCTION TO ESTIMATED AVERAGE JULY PRODUCTION OF 31,800 BOE/DAY.Q2 LOSS PER SHARE $0.04.ALTA MESA IS PROVIDING A 2018 EXIT PRODUCTION GUIDANCE OF 38,000 TO 40,000 BOE PER DAY.UPDATED ANNUAL PRODUCTION GUIDANCE OF 29,000 TO 31,000 BOE PER DAY FOR FULL YEAR 2018.Q2 EARNINGS PER SHARE VIEW $0.10 -- THOMSON REUTERS I/B/E/S.

Krisenergy Posts Qtrly Loss For Period Of US$33.1 Mln

Tuesday, 14 Aug 2018 05:30am EDT

Aug 14 (Reuters) - KrisEnergy Ltd ::SEES CAPITAL EXPENDITURE FORECAST FOR 2018 REVISED TO US$96.8 MILLION.QTRLY LOSS FOR PERIOD US$33.1 MILLION VERSUS LOSS OF US$81.8 MILLION .QTRLY REVENUE US$45.7 MILLION VERSUS US$36.7 MILLION.

Varyeganneft H1 Net Profit To RAS Up At RUB 969.0‍​ Mln

Tuesday, 14 Aug 2018 04:14am EDT

Aug 14 (Reuters) - Varyeganneft OAO ::H1 NET PROFIT TO RAS OF RUB 969.0‍​ MILLION VS RUB ‍​436.2 MILLION YEAR AGO .H1 REVENUE TO RAS RUB ‍​21.68 BILLION VS RUB 14.02‍​ BILLION YEAR AGO.

Vanguard Natural Resources Sees 2018 Capex Guidance $130 Mln To $140 Mln

Monday, 13 Aug 2018 07:55am EDT

Aug 13 (Reuters) - Vanguard Natural Resources Inc ::VANGUARD NATURAL RESOURCES, INC. REPORTS SECOND QUARTER 2018 RESULTS, ASSET DIVESTITURE UPDATES, AND UPDATED 2018 GUIDANCE.VANGUARD NATURAL RESOURCES INC - UPDATED Q3 AND FULL-YEAR 2018 OPERATIONAL AND FINANCIAL GUIDANCE FOR THE YEAR.VANGUARD NATURAL RESOURCES INC - UPDATED 2018 CAPITAL BUDGET OF APPROXIMATELY $130.0 MILLION TO $140.0 MILLION.VANGUARD NATURAL RESOURCES INC - "REMAIN SIGNIFICANTLY HEDGED FOR THE BALANCE OF 2018 AND THROUGH 2020".VANGUARD NATURAL RESOURCES - REPORTED AVERAGE PRODUCTION OF 363 MMCFE PER DAY IN Q2 REPRESENTS A 1% DECREASE VERSUS 368 MMCFE PER DAY FOR Q1 OF 2018.VANGUARD NATURAL RESOURCES QTRLY NET LOSS ATTRIBUTABLE TO VANGUARD COMMON STOCKHOLDERS/UNITHOLDERS, PER SHARE/UNIT $2.87.VANGUARD NATURAL - QTRLY ADJUSTED NET LOSS ATTRIBUTABLE TO COMMON & CLASS B STOCKHOLDERS/UNITHOLDERS, PER SHARE/UNIT $1.25.VANGUARD NATURAL RESOURCES INC - PRODUCTION IS NOW ESTIMATED TO BE IN RANGE OF 343 MMCFE PER DAY TO 355 MMCFE PER DAY FOR Q3 2018.VANGUARD NATURAL RESOURCES INC - PRODUCTION IS NOW ESTIMATED TO BE IN RANGE OF 348 MMCFE PER DAY TO 362 MMCFE PER DAY FOR FULL YEAR 2018.VANGUARD NATURAL - SEES Q3 2018 CAPEX GUIDANCE $22.5 MILLION TO $27.5 MILLION.VANGUARD NATURAL - SEES 2018 CAPEX GUIDANCE $130 MILLION TO $140 MILLION.

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