Texas


All posts for Texas

Matra Petroleum Closes Acquisition and Carries Out a Directed Share Issue of 4,593,435 Shares as Part of the Consideration

Matra Petroleum AB and its wholly owned subsidiary Matra Terra LLC ("Matra" or the "Company") and entities controlled by Melody Capital Partners, LP ("Melody") have closed the acquisition initially announced on 14 March 2018, under which Matra acquires 40 oil and gas leases in the Texas Panhandle ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Matra PetroleumAcquisitionMatra Terra +3

Quatre Managed Legacy Funds Solution

London, May 3, 2018: London-based financial services company Quatre Ltd, has launched a new solution known as the  QUATRE MANAGED LEGACY FUNDS SOLUTION . It is designed to fund the decommissioning of oil and gas fields and rehabilitation of other extractive industrial locations including mines. ...

Nicholas Newman


Posted 8 months agoPress > DecommissioningFundingOil +6

Mayan Energy: Development Update from Stockdale Field Gas Discovery, Texas

Mayan Energy, the AIM listed oil and gas company, is pleased to announce its plans for the  development of the gas discovery at the Morris #1 well at Stockdale Field, Wilson County, Texas (see announcement dated 26 April 2018).  The Company has a 60.0% working interest (WI) and 45.0% net revenue in ...

OilVoice Press - OilVoice


Posted 8 months agoPress > TexasUnited StatesUS +6

Fine: No Such Thing As 'Free Trade' With OPEC as a Cartel

Among some speakers at the 2018 Four Corners Oil and Gas Conference last month in Farmington there were evasive positions on the future of OPEC. Also, previous online or media positions of “free trade” were muted to be popular with the oil, gas and equipment operators who made up those in attendanc ...

Will Fine


Posted 8 months agoOpinion > Kingdom of Saudi ArabiaSaudi Arabiasaudi +68

This Year Looks Bullish for Texas Energy Services Firm

Praveen Narra of Raymond James reviewed how this company should perform throughout the year and why. In an April 23 research report, Raymond James analyst Praveen Narra noted that Halliburton Co.'s (HAL:NYSE) "weak" Q1/18 due to transitory issues does not portend similar future performanc ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > NYSEHaliburtonStreetwise Reports +2

Mayan Energy Operations Update - Gas Discovery at Stockdale Field

Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to announce a new gas discovery at Stockdale Field, Wilson County, Texas as part of its ongoing development activities at the Morris #1 well ('the Well'). The Company has a 60.0% working interest ('WI') and 45.0% net revenue interest ...

OilVoice Press - OilVoice


Posted 9 months agoPress > AIMMayan EnergyOperations Update +7

Texas Panhandle Oil Stock at 'Great Entry Point'

Contributed Opinion - Source: Clive Maund for Streetwise Reports   (4/23/18) With the price of oil continuing to rise, technical analyst Clive Maund charts a company that he believes is in position to benefit. Molori Energy Inc. (MOL:TSX.V; MOLOF:OTCQB) retreated a little further than we ex ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > Streetwise Reportsoil priceTexas +5

Lonestar Updates Results of Horned Frog Completions

Fort Worth, Texas, April 10, 2018 (PRNewswire) ‐ Lonestar Resources US Inc. (NASDAQ: LONE) (including its subsidiaries, “Lonestar,” “we,” “us,” “our” or the “Company”) today updated investors on its new completions at its Horned Frog property. In La Salle County, we previously reported the compl ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Lonestar ResourcesHorned FrogNasdaq +4

Concho's Acquisition of RSP Creates New Opportunities for Greater Efficiency

Map of Concho Resources and RSP Permian's Currently Producing Wells Sources: Kayrros Analysis, Texas RRC, New Mexico OCD New synergies arise through combining the two companies' acreage and technology Concho Resources ...

OilVoice Press - OilVoice


Posted 10 months agoPress > ConchoConcho ResourcesRSP +5

Matra Petroleum AB: Matra Petroleum Launches Drilling Program to Increase Oil and Gas Production and Closes MUSD 10 Debt Financing

Matra Petroleum ("Matra") plans to double its capital expenditures in 2018 to MUSD 11 (2017: MUSD 5.2) and accelerate drilling and development activities on the company's leases in the Texas Panhandle. Starting in May through 2018, the company plans to drill 24 new wells to increase oil and gas pr ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Matra PetroleumMatraDrilling +9

EIA’s Estimates for Texas Crude Oil Production Account for Incomplete State Data

Source: U.S. Energy Information Administration, Petroleum Supply Monthly , and the Texas Railroad Commission Crude oil and lease condensate production data for Texas, published by EIA in its Petroleum Supply Monthly (PSM) and by the Texas Railroad Commission (TRRC), reflect difference ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > EIAEnergy Information Administration EIATexas Crude Oil +4

Tight Oil Money Return on Investment Eagle Ford Shale Case History

The Eagle Ford Shale Play - San Antonio Located in South Texas between San Antonio and Corpus Christi. Horizontal drilling and hydraulic fracturing began in 2008. Approximately 17,000 producing wells. February production was 935,000 bo/d, down from 1,324,000 in December 2014. 71 ...

Art Berman - The Petroleum Truth Report


Posted 10 months agoOpinion > Art BermanShaleEagle Ford Shale +9

Matra Petroleum Agrees to Acquire Producing Oil and Gas Reserves and Secure Financing for 2018 Drilling Program

Matra Petroleum AB ("Matra") and entities controlled by Melody Capital Partners, LP ("Melody") have signed a non-binding term sheet under which Matra will acquire 22 oil and gas leases in the Texas Panhandle region, adding proved reserves of approx. 4.0 million barrels of oil equivalent. Current ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Matra PetroleumUnited StatesUS +7

Permian Basin - Major Savings anticipated from changing frac sand supply chain

Dramatic Changes To the Supply of Frac Sand Will Lead to Huge Well Savings in the Permian Basin Energent , part of Westwood Global Energy Group , predicts a seismic shift in the supply of frac sand to the Permian Basin, Texas, this year. Its new report says that operators will tur ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Permian Basinfrac sandwestwood global energy group +3

Lonestar Announces 82% Increase in Proved Reserves

Lonestar Resources US Inc. (NASDAQ: LONE) announced that its proved reserves at December 31, 2017 increased 82% to 73.6 million barrels of oil equivalent (“MMBOE”) calculated using SEC guidelines. All of the Company's proved reserves are located in the Eagle Ford Shale. Lonestar's proved reserv ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Lonestar ResourcesReservesNasdaq +2