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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

    Newfield Exploration Co.

    (NFX)

    Newfield Exploration Company is an independent energy company headquartered in the Woodlands, Texas. Newfield is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids.

    News, Products and Stock Info

    Newfield upsizes and prices $700M of senior notes, amends credit facility

    03/05/2015 Newfield Exploration Co. has priced its public offering of $700 million of 5⅜% senior notes due 2026, an increase over the previously announced offering of $500 million aggregate principal amount. ...

    Newfield closes public common stock offering

    03/04/2015 Newfield Exploration has closed its public offering of 25,300,000 shares of its common stock, including 3,300,000 shares sold to the underwriters pursuant to their option to purchase additional sha...

    Southwestern Energy elects Rathert to board of directors

    10/22/2014 The board of directors of Southwestern Energy Co. (NYSE: SWN) reports that, effective Oct. 20, Terry W. Rathert has been elected to the board for a term expiring at the annual meeting of stockholde...

    QED Energy Associates appoints Northrup as president and CFO

    03/28/2014 QED Energy Associates, which provides engineering technician consulting and sourcing, has appointed Ashley Northrup as QED's president. She will retain her role as CFO and is a partner in the firm.

    EOG Resources, Newfield terminate Marcellus shale sale agreement

    12/22/2010

    EOG Resources Inc. and Newfield Exploration Co. have mutually agreed to terminate the agreement announced November 15, 2010, regarding EOG's sale of certain Marcellus Shale acreage.

    Newfield buys Marcellus acreage from transitioning EOG Resources

    11/16/2010

    Newfield Exploration Co. has agreed to purchase nearly 50,000 net acres in the Marcellus Shale from EOG Resources Inc. for $405 million, or $8,100 an acre.

    Privately-held LLOG Exploration restructures management

    04/16/2010

    Privately-held oil and gas exploration company LLOG Exploration Co. LLC has made changes to its management team.

    Harvest Natural Resources striving to diversify, realize its full potential

    04/01/2010 To a casual observer, Harvest Natural Resources may look like a far–flung enterprise for a small exploration and production company.

    Anadarko CEO Hackett new chairman of ANGA

    03/15/2010

    America’s Natural Gas Alliance (ANGA) has named Jim Hackett, chairman and CEO of Anadarko Petroleum Corp., the Alliance’s new chairman.

    Boothby adds chairman to president, CEO roles at Newfield Exploration

    02/12/2010

    After being named president and CEO of Newfield Exploration Co. last year, the company’s board of directors has elected Lee K. Boothby to the additional role of chairman of the board.

    Newfield Exploration Co. Website

    http://www.newfield.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

    Private company update

    Apr 10, 2015 Independent research firm IHS has provided OGFJ with updated production data for our OGFJ100P periodic ranking of US-based private E&P companie...

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    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...

    Oil & Gas Companies

    Saudi Aramco restructures with creation of supreme board

    Following the January death of Saudi Arabia’s King Abdullah, the country has been reorganizing its energy industry, and this process has included the creation of a supreme board to oversee state-run Saudi Aramco, according to Bloomberg.   &nb...

    LINN plans to close Denver office, eliminate positions

    LINN Energy plans to eliminate 55 positions in Denver, Colorado, and close its office there, according to Fuel Fix, which reported that LINN stated its intentions in a letter to the Colorado Department of Labor and Employment.

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in Brazil’s Amazon and Espírito Santos basins.

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in PA Resources AB.

    Statoil makes second gas discovery in Aasta Hansteen area

    Operator Statoil has, together with PL602 partners, made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in 2015.

    IFR forms subsidiary for Mexico oil and gas initiative

    International Frontier Resources Corp. has formed a Mexican subsidiary, Petro Frontera SAPI de CV, that will allow for the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; the acquisition and partic...

    Calvalley to liquidate due to crisis in Yemen

    Calvalley Petroleum Inc.’s board of directors has decided to restructure and liquidate the company. Subsequently, Calvalley will enter into an arrangement agreement with Calvalley Energy Ltd. (CVE), a wholly owned subsidiary of Calvalley organized...