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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

    Denbury Resources

    (DNR)

    Denbury Resources Inc., is a domestic independent oil and natural gas company with 409.4 MMBOE of estimated proved oil and natural gas reserves as of December 31, 2012, of which 80% is oil.

    News, Products and Stock Info

    Denbury to sell Encore properties to Quantum for $900M

    04/05/2010 Denbury Resources Inc. will sell certain of its oil and natural gas properties to Quantum Resources Management. The properties were recently acquired in the merger with Encore Acquisition Co. for $...

    Genesis Energy GP acquired by Quintana Capital Group

    02/15/2010 Quintana Capital Group, a Houston-based, energy-focused private-equity firm, acquired all membership interests of Genesis Energy LP’s general partner from Denbury Resources Inc. for roughly $...

    Portion of Denbury $1B offering to help finance $4.5B merger

    02/02/2010 Dallas-based Denbury Resources Inc. is offering $1 billion in Senior Subordinated Notes with the intent to use $400 million in proceeds to held finance a portion of its pending merger with Encore A...

    Denbury to acquire Encore in $4.5B transaction

    11/02/2009

    Denbury Resources Inc. has entered a definitive merger agreement to buy Encore Acquisition Co. in a transaction valued at roughly $4.5 billion.

    Denbury divests 60% of Barnett shale assets to Talon

    02/11/2009 Denbury Resources Inc. will sell 60% of its Barnett Shale natural gas assets for $270 million to Talon Oil & Gas LLC, a privately-held company.

    Berry Petroleum to make $300 million senior note offering

    02/11/2009 Independent oil and gas production and exploitation company Berry Petroleum Co. expects to publicly offer $300 million aggregate principal amount of senior notes due 2014 and intends to use the net...

    Houlihan Smith advises sale of Western Iowa Energy, Central Iowa Energy to Renewable Energy Group

    02/11/2009 Houlihan Smith & Co. Inc. acted as the exclusive financial advisor to Western Iowa Energy LLC and Central Iowa Energy LLC, in their sale to Renewable Energy Group.

    UPDATE: China grants Brazil $10B financing in exchange for oil

    02/11/2009 As a result of negotiations with China's government by Brazil's President Luiz Inacio Lula da Silva who was in China from May 18 to May 20, state-owned oil company Petrobras informed that it has co...

    Transocean names senior VP, CFO

    02/11/2009 Offshore drilling contractor and provider of drilling services, Transocean Ltd., has named Ricardo H. Rosa senior vice president and CFO, effective September 1, 2009.

    Denbury Resources Website

    http://www.denbury.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

    ZaZa Energy regains compliance with NASDAQ listing standards

    ZaZa Energy Corp. received a letter from the NASDAQ Stock Market on Sept. 5, advising that the company has regained compliance with Listing Rule 5550(a)(2), which requires the company to maintain a minimum closing bid price of $1.00 per share.

    Maersk Oil cuts quarter of Houston jobs

    As a result of the challenges of growing a non-operated exploration portfolio in the US Gulf of Mexico, Maersk Oil is downsizing its Houston workforce by more than 25% as the company focuses on other parts of the world, according to a report in th...

    Pemex begins post-reform corporate makeover

    Pemex has begun a corporate restructuring following the approval earlier this month of a historic energy overhaul that ended Pemex's decades-long monopoly, according to a Reuters report.

    NOC chairman to replace acting Libya oil minister

    Libya's acting oil minister Omar Shakmak will resign and will be replaced by the chairman of the state oil firm National Oil Corp. (NOC), Mustafa Sanallah, according to a Reuters report.

    Lucas granted NYSE MKT compliance plan extension

    Lucas Energy Inc. reports that the NYSE MKT notified the company that it has been granted an extension until Oct. 31 to regain compliance with the NYSE MKT continued listing standards.

    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.