Tag: financials

Matador Resources ups Permian Basin oil production 35% in 2015

Matador Resources ups Permian Basin oil production 35% in 2015

Compared to 2014, Matador’s 2015 Permian Basin oil production increased from 3.3 million b/d to 4.5 million b/d Even though oil prices plunged in 2015, like many oil and gas companies operating in the Permian Basin, Matador Resources increased its production last year. Matador Resources Company is focused on its Permian (Delaware) Basin operations in Southeast New […]

By January 15, 2016 0 Comments Read More →
Jericho Oil raising $6.929 million for Central Oklahoma wells, acreage

Jericho Oil raising $6.929 million for Central Oklahoma wells, acreage

Jericho Oil looking to raise money to fund acquisition of producing wells and prospective acreage in Oklahoma Jericho Oil Corporation has announced it is proceeding with a non-brokered private placement of approximately 17,323,610 units at a price of $0.40 per unit to raise total gross proceeds of approximately $6.929 million. Each unit will be comprised […]

By December 30, 2015 0 Comments Read More →
Cash-strapped Marathon Oil sells Gulf of Mexico assets

Cash-strapped Marathon Oil sells Gulf of Mexico assets

Marathon Oil Corporation reported Q3 2015 adjusted net loss of $138 million ($0.20 per diluted share) Marathon Oil Corporation announced it has signed an agreement for the sale of its operated producing properties in the greater Ewing Bank area and non-operated producing interests in the Petronius and Neptune fields in the Gulf of Mexico for $205 million. […]

By November 9, 2015 0 Comments Read More →