Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.


    Wells Fargo


    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


    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


    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


    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


    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




    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 ...


    Private company update

    Jul 8, 2015 Independent research firm IHS has provided OGFJ with updated production data for the OGFJ100P periodic ranking of US-based private E&P companie...

    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 ...

    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...