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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

    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

    Statoil adds acreage in Gulf of Mexico Central Lease Sale

    Statoil was the apparent high bidder on 14 leases in the US Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, Louisiana.

    Petroceltic accepts resignation of two directors

    Petroceltic International plc, an Irish oil and gas exploration and production company based in Dublin, has accepted the resignations of two non-executive directors, Don Wolcott and Joe Mach, effective immediately.

    ZaZa Energy updates on East Texas Lower Cretaceous operations

    ZaZa Energy Corp. has provided information on 30-day production results from its East Texas Colburn #3H horizontal well in Walker County, Texas, and the proposal of two new Buda-Rose vertical wells in its vicinity. 

    Ensco to cut onshore personnel by 15%

    On Feb. 17, Ensco plc began a workforce-reduction process, designed to reduce its onshore workforce by 15%, according to the Houston Business Journal.

    Statoil, partners submit development plan for Johan Sverdrup

    Statoil and its partners have submitted the plan for development and operation for Johan Sverdrup, Phase 1, to the Norwegian Ministry of Petroleum and Energy.

    Statoil, partners complete two-well program in Krafla area of North Sea

    Operator Statoil has, together with its PL035 partners, completed a two-well program in the Krafla area in the North Sea. The Krafla area is located 25 kilometers southwest of Oseberg South in the North Sea.

    Inpex begins production from Nasr field offshore Abu Dhabi

    Inpex Corp., through its wholly owned subsidiary, Japan Oil Development Co. Ltd. (JODCO), has begun oil production from the Nasr oil field offshore Abu Dhabi, UAE.