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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

    Penn Virginia Corp.

    (PVA)

    Penn Virginia Corporation, an independent oil and gas company, engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products.

    News, Products and Stock Info

    Penn Virginia acquires Eagle Ford Shale assets

    07/10/2014 Penn Virginia Corp. (NYSE:PVA) has entered into a definitive agreement to acquire approximately 13,125 (11,660 net) Eagle Ford Shale acres in Lavaca County, Texas for approximately $45 million.

    Penn Virginia promotes Brooks to COO

    12/17/2013 John A. Brooks, currently executive vice president of operations at Penn Virginia Corp. (NYSE:PVA), has been promoted to the position of executive vice president and chief operating officer, effect...

    Eagle Ford most active shale play for M&A activity 1Q13

    05/01/2013

    With three major deals in a month and a half, the Eagle Ford shale formation remains significant in the unconventional resources space.

    Magnum Hunter sells Eagle Ford Shale assets to Penn Virginia

    04/03/2013 Penn Virginia Corp. (NYSE: PVA) entered into a definitive agreement with Magnum Hunter Resources Corp. (NYSE: MHR) to acquire producing properties and undeveloped leasehold interests in the Eagle F...

    Report: Typical Eagle Ford Shale well performance exceeds those in the Bakken Shale

    07/26/2012 Strong drilling results, coupled with the large prospective area, and magnitude of the resource potential, combine to make the Eagle Ford Shale play in South Texas a contender for the best tight oi...

    Penn Virginia expands in Eagle Ford

    12/21/2011

    Penn Virginia Corp. said December 20 that it completed an agreement with an undisclosed major oil and gas company to jointly explore the Eagle Ford Shale in Lavaca County, Texas.

     

    First Marcellus test wells fall short for Penn Virginia

    06/28/2011

    Results from its first three operated wells in the Marcellus Shale fell short of expectations, reported Penn Virginia Corp.

    Penn Virginia Corp. Website

    http://www.pennvirginia.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

    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...

    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...

    Oil & Gas Companies

    NZEC to close Vancouver office, focus on New Zealand upstream assets

    New Zealand Energy Corp. plans to close its Vancouver office while retaining its Canadian company registration and incorporation.

    CNOOC starts production on oil project in South China Sea

    CNOOC Ltd. reports that the Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project has begun production.

    Cue farms-in for stake in Mahato PSC in Sumatra

    Cue Energy Resources Ltd. reports the execution of a farm-in agreement with Bukit Energy Central Sumatra (Mahato) Pte Ltd. to acquire a 12.5% participating interest in the Mahato production sharing contract onshore Central Sumatra, Indonesia.

    Halliburton awarded mature field contracts from Petroamazonas

    Halliburton has signed long-term contracts with Ecuador's Petroamazonas to provide field development and project management, as well as drilling and completions services, across nine mature fields, including the Palo Azul, Lago Agrio, and Victor H...

    Gulf’s operations in China now called Gulf Oil China

    Gulf’s program for growth in China has reached another landmark stage, with the redefining of its operations in China under a new name: Gulf Oil (China) Co. Ltd.  

    Parkmead discovers gas field in Netherlands

    The Parkmead Group reports that a new gas field has been discovered in the Netherlands by the Group’s latest exploration well.

    Egypt signs exploration agreements

    Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, according to Reuters. The agreements cover seven exploration areas.