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  • OIL MARKETS

    Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.

    SECTIONS: OGJ150 | OGFJ100P
    COMPANIES | OIL MARKET WATCH

    Continental Resources

    (CLR)

    Continental Resources, Inc., based in Oklahoma City, is focused on the exploration and production of onshore oil-prone plays and is a Top 10 independent oil producer in the United States.

    News, Products and Stock Info

    The mystery of the SCOOP in Oklahoma

    06/19/2014 A number of independent crude producers are testing the potential of the South Central Oklahoma Oil Province—SCOOP, for short—and liking what they see. It is too early to know if SCOOP will be the ...

    WPX Energy names Muncrief CEO

    05/01/2014

    WPX Energy has named former Continental Resources executive Richard E. (Rick) Muncrief as the company’s next president and CEO.

    Continental makes leadership changes

    05/01/2014

    Continental Resources Inc. has made changes in leadership within its management team. Gary E. Gould has been promoted to senior vice president of operations and resource development.

    Continental Resources closes 4 1/2% Senior Notes exchange offer

    07/15/2013 Continental Resources Inc. (NYSE:CLR) has completed its offer to exchange up to $1.5 billion aggregate principal amount of its 4 1/2% Senior Notes due 2023 registered under the Securities Act of 19...

    Continental Resources to offer $1B in Senior Notes

    04/02/2013 Subject to market conditions, Continental Resources Inc. (NYSE: CLR) intends to offer $1.0 billion in aggregate principal amount of new senior notes in a private placement to eligible purchasers.

    Free webinar Feb 27 on using APG to power drilling rigs in the Bakken shale

    02/25/2013 The Energy & Environmental Research Center at the University of North Dakota, in partnership with the North Dakota Pipeline Authority and the North Dakota Industrial Commission (NDIC), will hol...

    Continental Resources adds to Bakken Shale position with two transactions

    12/20/2012

    Continental Resources Inc. has added to its Bakken Shale-focused position following two recent acquisitions in the liquids rich unconventional resources play.

    Continental Resources sells East Region assets to help fund Bakken purchase

    11/08/2012 Building upon its strategic position in the Bakken Shale, Continental Resources Inc. (NYSE: CLR) is buying Bakken producing and undeveloped properties and selling certain eastern region assets to h...

    Revenue takes a 20% dip, income down 10% in 2Q

    11/01/2012 Revenues in the second quarter of 2012 dropped sharply from the same quarter in 2011 – down $62.5 billion, or 20%, for the group of publicly-traded US-based companies track by Oil & Gas Journal...

    Continental Resources plans $700M senior notes offering, updates Bakken asset acquisition

    08/13/2012

    Continental Resources Inc. is planning a $700 million senior notes offering in addition to updating its plans for Wheatland Oil assets in the Bakken. 

    Continental Resources Website

    http://www.contres.com/

    OGJ150

    Gulfport Energy names Gaydosik CFO

    Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

    Revenue, net income show small increases in 4Q2012

    May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

    Helix completes sale of oil and gas business

    Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

    Revenue, net income drop sharply in 3Q12

    Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

    OGFJ100P

    Vantage Energy files for $400M IPO

    Jul 8, 2014

    Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

    Rock Oil increases capital commitment, adds to management

    Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

    AEPB acquires Permian leasehold for $2.5B

    Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

    FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

    Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

    OGFJ100P company update

    Jul 11, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

    Oil & Gas Companies

    Lime Petroleum gives up three licenses in North Sea

    Hibiscus Petroleum Bhd reports that its jointly controlled entity, Lime Petroleum Norway AS (Lime Norway) has decided to surrender PL509S, PL509BS and PL509CS, all of which are located in the North Sea, following the deadline for a drill or drop d...

    Strongbow set to prepare development plan for Compeer asset

    Strongbow Resources Inc. has begun preparing a development plan to drill its Compeer asset in Canada, which consists of eight sections (5,120 acres), in which Strongbow owns a 100% working interest, and is located in East Central Alberta.

    Roxi Petroleum makes discovery at BNG Contract Area in Kazakhstan

    Roxi Petroleum plc, a Central Asian oil and gas company with a focus on Kazakhstan, reports a discovery at its flagship BNG asset in the pre-Caspian basin in Western Kazakhstan.

    ERHC Energy provides operations update

    ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today issued an update on the company's progress.


    Hibiscus ups stakes in Gippsland Basin

    Malaysia's Hibiscus Petroleum Berhad group has signed a series of binding agreements with its Australian partner, 3D Oil Ltd., to increase its effective stake in both the VIC/L31 production license in Australia's Gippsland Basin which contains the...

    Repsol makes oil discovery in Trinidad and Tobago

    Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad.

    Pemex to invest $6B in Cantarell production

    Pemex plans to launch a $6 billion investment in 2017 to maintain current levels of production at its Cantarell field over the next decade, Reuters reports.