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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

    Wells Fargo

    (WFC)

    Wells Fargo & Company provides retail, commercial, and corporate banking services. The company's Community Banking segment offers deposits, such as checking accounts, savings deposits, market rate accounts, individual retirement accounts, time deposits, and debit cards; and loan products, including lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards.

    News, Products and Stock Info

    Balombin joins Wells Fargo Securities Investment Banking and Capital Markets Group

    03/27/2014 Tim Balombin has joined Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), as managing director in the Mergers and Acquisitions (M...

    Shares of QR Energy begin trading on NYSE

    12/17/2010

    Shares of QR Energy LP began trading at $19.68 at mid-morning on Dec. 17 on the New York Stock Exchange, slightly below the $20 IPO price. By the end of the day, shares had fallen 2% to $19.60.

    Swift increases public offering, announces 2011 CAPEX plans

    11/15/2010

    Houston-based oil and gas producer Swift Energy has increased the size of its previously announced public offering and announced its preliminary 2011 capital expenditure plans.

    Antero Resources enters new $1B revolving credit facility

    11/04/2010 Antero Resources has entered into a new $1 billion revolving credit facility with a 13-bank syndicate led by JP Morgan Securities LLC and Wells Fargo Securities LLC as Joint Lead Arrangers and Join...

    No. 25-ranked Laredo Petroleum arranges two new bank credit facilities

    07/26/2010

    Privately held oil and gas company Laredo Petroleum Inc. has arranged two new bank credit facilities with Bank of America and Wells Fargo Energy Capital.

    Bonanza Creek closes $230M financings; promotes Wilson to CFO

    05/14/2010 Denver-based Bonanza Creek Energy Operating Co. LLC closed a $200 million Senior Revolving Credit Facility with BNP Paribas, Compass Bank and Societe Generale and a $30 million Second Lien Term Loa...

    Wells Fargo bankers join Baird to launch energy group

    04/29/2010 Baird, an international employee-owned financial services firm, has added Wells Fargo veterans Curtis Goot and Frank Murphy as managing directors to co-lead a new Energy Investment Banking Team tha...

    Stock prices rise as Delta details sale of Piceance assets to Opon

    03/19/2010 Stock prices of Delta Petroleum Corp. jumped upon news of the company’s intent to sell a non-operated working interest in its Vega Area assets in the Piceance Basin to Opon International LLC ...

    Copano Energy raises $172M in offering

    03/18/2010 Houston-based midstream natural gas company Copano Energy LLC has closed the sale of 971,250 units to underwriters over its original 6,475,000 common units offered in its recent public offering whi...

    Apache redeems $100M, 5.68% cumulative preferred stock

    11/30/2009

    Apache Corp. has elected to redeem all $100 million of its outstanding 5.68% Cumulative Preferred Stock, Series B, no par value per share, on Dec. 30, 2009.

    Wells Fargo Website

     

    https://www.wellsfargo.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

    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.

    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.