Streetwise Oil & Gas - Exploration & Production Articles
New Deal 'Step In Right Direction Toward Turnaround for Energy Firm'
Source: Streetwise Reports (4/27/20)
The new agreement and its potential impact on Point Loma Resources are discussed in a Mackie Research Capital Corp. report.
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Gold and Oil: Remembering the '70s
Source: Michael Ballanger for Streetwise Reports (4/27/20)
Though sector expert Michael Ballanger's focus is on the precious metals, given current market conditions he sees potential in oil as well.
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Firm Advances Brazil Gas Project to Commissioning
Source: Streetwise Reports (4/22/20)
Alvopetro Energy finishes construction of its new transfer pipeline and gas treatment facility.
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A Boomer's Plea
Source: Michael Ballanger for Streetwise Reports (4/21/20)
Sector expert Michael Ballanger voices frustration with his own generation, which has "turned a blind eye" to the radical, fiscal and moral principles that shaped it.
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Oil & Gas Major's Pending Assets Sale Uncertain
Source: Streetwise Reports (4/17/20)
The status and potential implications of this deal involving BP as the seller are discussed in a Raymond James report.
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Oil & Gas Company Granted Drilling and Development Relief for West Texas Project
Source: Streetwise Reports (4/11/20)
Torchlight Energy Resources reported that it received drilling and development obligations relief on its Orogrande Basin project.
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Texas Oil & Gas Firm Halts Operations on Governor's COVID-19 Order
Source: Streetwise Reports (4/7/20)
Once it gets the green light, Torchlight Energy Resources intends to resume work on its two key projects.
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Energy Producer Restructures Crude Oil Contracts and Cuts Q2 CapEx to Hedge Downside Risk
Source: Streetwise Reports (4/7/20)
North American oil and natural gas producer Ovintiv has restructured its crude oil derivatives in order to provide additional downside protection. In addition, the company is reducing its Q2/20 investments by $500 Million.
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Oil Price and WPX Energy Shares Rebound as President Trump Tweets He Expects Russia and Saudi Arabia to Reach Deal
Source: Streetwise Reports (4/2/20)
Shares of WPX Energy traded 25% higher after President Trump tweeted that he expected a deal between Russia and Saudi Arabia to scale back oil production.
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2020 Outlook Favorable for Texas Oil & Gas Company
Source: Streetwise Reports (3/31/20)
The elements of Goodrich Petroleum that make it a Buy are presented in a ROTH Capital Partners report.
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Facing Low Oil Prices, Energy Firm Reduces 2020 Capex, Guidance
Source: Streetwise Reports (3/26/20)
The latest moves of Frontera Energy in response to depressed oil prices and its ability to endure the downturn are addressed in a CIBC report.
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Total SA Institutes Action Plan for $30/Barrel Oil
Source: Streetwise Reports (3/23/20)
Shares of Total SA traded 14% higher today after the firm reported that has implemented a company-wide action plan to address the sharp decrease in oil prices.
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Methanol Pure Play 'Attractive,' Share Price 'Too Punitive'
Source: Streetwise Reports (3/19/20)
The leverage Methanex Corp. could use to still pay its dividend in a low price environment is discussed in a BMO Capital Markets report.
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Oil & Gas Firm Saw Strong Oil Production, Reserves Growth in 2019
Source: Streetwise Reports (3/13/20)
Pan Orient Energy recaps its operational and financial results from last year.
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Oil & Gas Firm Responds to Oil Price Drop
Source: Streetwise Reports (3/11/20)
Occidental Petroleum's two recent moves are reviewed and commented on in a Raymond James report.
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$7.5 Million Debt Conversion Clears Path for Major Upside
Source: Peter Krauth for Streetwise Reports (3/10/20)
Hot on the heels of Torchlight Energy Resources discovering a new oil field in Texas, debt holders have elected to convert to Working Interest.
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Texas Energy Company's 2020 Exit Rate 'Surprises to the Upside'
Source: Streetwise Reports (3/1/20)
Matador Resources' Q4/19 performance and its 2020 guidance are reviewed in a Raymond James report.
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Firm's Latest Drilled Well Encounters Net Oil Pay
Source: Streetwise Reports (2/28/20)
Testing is to start on this Pan Orient Energy well in Thailand once approval is received.
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Energy Firm to Farm Out Offshore South Africa Asset Interest
Source: Streetwise Reports (2/26/20)
In doing so, Africa Energy will reduce its ownership from 90% to 27.5%.
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Oil & Gas Explorer Proves Up Exciting Measured Oil and Gas Production from Orogrande Basin Project
Source: Peter Krauth for Streetwise Reports (2/25/20)
Torchlight Energy Resources not only has discovered a new oil field in Texas, but has also effectively produced hydrocarbons from it.
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Drilling of Orogrande Basin Well Delineates Multiple Targets
Source: Streetwise Reports (2/20/20)
Oil & gas exploration and development firm Torchlight Energy Resources also confirms the presence of two formations on its acreage there.
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Baltic Dry, Copper, Oil, Tech and China Continue to Call for Market Crash Soon
Source: Clive Maund for Streetwise Reports (2/18/20)
Technical analyst Clive Maund takes a hard look at various charts and sees an impending breakdown of commodity and tech markets.
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Company Achieves Solid January Oil Sales
Source: Streetwise Reports (2/15/20)
The oil sold came from Pan Orient Energy's Thailand operations, on which it provides an update.
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Samples from Well in Orogrande Basin Show Light Crude
Source: Streetwise Reports (2/5/20)
The owner of the Texas asset continues work to prove the potential there for commercial oil and gas production.
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Firm Sets Record in 2019 for Oil Sales from Thailand
Source: Streetwise Reports (2/4/20)
The company also reports increases of its crude oil reserves at the project.
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