Friday Jul 11 | Investor's Business Daily
China Oilfield Services, an arm of China's top offshore oil and gas producer CNOOC , agreed to buy Awilco Offshore of Norway for $2.5 bil.
Quicksilver to pay $1.3 billion for producing assets
Quicksilver Resources will add significantly to its Barnett Shale holdings with the announced $1.3 billion purchase of producing assets in northern Tarrant County and southern Denton County from Hillwood Oil & ...
Quicksilver Adds Assets--And Debt
It's not that the $1.3 billion that Quicksilver Resources is paying for Texas gas properties is too much for the assets.
Analyst Actions: Palm, Micron, Quicksilver Resources
Needham analyst Charlie Wolf says Palm's fourth quarter GAAP loss of $0.40 compares to his $0.13 loss estimate, while $296 million revenues were $50 million shy of his forecast.
Quicksilver Resources Announces $300 Million Debt Offering
Quicksilver Resources Inc. announced today that it intends to offer, subject to market and other conditions, $300 million aggregate principal amount of Senior Notes due 2015.
Barnett Shale breakfast highlights shale's continued strength
The Barnett Shale Breakfast Symposium's eight panelists provided a wealth of information on a range of issues - from water recycling to ad valorem taxes from royalty payments - proving the shale's continued ...
Energy Sector Presents Once-in-a-Decade Opportunity for Investors
In our opinion this has created a once in a decade opportunity for astute investors.
Quicksilver sees big opportunity in Canadian gas field
As important as the Barnett Shale has been to Fort Worth-based Quicksilver Resources, a new natural gas field in the snowy Canadian north may represent an even bigger opportunity, Quicksilver President Glenn ...
Barnett Shale operators continue earnings reports
“The solid production growth achieved by our team in the first quarter is further validation of the quality of Quicksilver's core development areas”
Quicksilver Resources Inc. reported first quarter 2008 net income of $42.2 million, or $0.25 per share - an 85 percent increase from the same quarter 2007. via Fort Worth Business Press
Enerplus announces appointment of President, U.S. Operations
“We are excited to have Mr. Johnson join our leadership team at Enerplus. Our U.S. operations are an integral part of our business with attractive assets and exceptional growth potential”
TSX: ERF.UN NYSE: ERF CALGARY, May 6 /CNW/ - Mr. Gordon J. Kerr, President and Chief Executive Officer of Enerplus Resources Fund is pleased to announce the addition of Mr. via Canada NewsWire
Quicksilver Resources net climbs 85% as production rises
Quicksilver Resources said first-quarter net income rose 85% to $42.2 million, or 25 cents a share, with revenue up 35% to $157.5 million. via Market Watch
The Chesapeake Express Keeps Rolling
If the media's reports of Chesapeake Energy 's first-quarter results got you worked into a lather, take a deep breath. via Fool.com
Zacks Analyst Blog Highlights: Forest Oil, Salix Pharmaceuticals,...
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. via Earth Times
The Ratings Game: UBS initiates eight mid-cap energy names, eyes healthy results
“With government data showing production growth of 7% in January and December, the sector is poised to deliver upside volume surprises, particularly companies with exposure to onshore resource plays”
UBS analysts William Featherston and Andrew Coleman delivered a one-two boost to the energy sector on Thursday with a sunny first-quarter profit outlook for the exploration and production business and the ... via MarketWatch
Quicksilver Resources Buyer Doubles Up
Tables: Buyers Sellers QUICKSILVER RESOURCES IS A bright spot in a stormy market, but one insider believes the energy exploration and production company can rise further, spending almost $1 million to acquire ... via Barron's
With two energy conferences underway this week, there is a gush of buzz from various petroleum poo-bahs. Many companies take their 25 minutes in the spotlight to dazzle analysts and money managers with ... via Motley Fool
They say everything in Texas is big and that spells success for exploration firm, Quicksilver Resources. via Investor's Business Daily
In a remote region of northeast British Columbia, natural gas explorers are grabbing acreage so fiercely that you'd think they had found the Promised Land. via The Motley Fool
Quicksilver makes big Canada expansion
FORT WORTH -- Quicksilver Resources, which has produced natural gas in Canada since about 2000, said Monday it is expanding its acreage 25 percent in that country with the acquisition of about 127,000 acres of shale-gas leases in a region of British Columbia where EOG Resources announced a big new field in February.
Fort Worth-based Quicksilver said it won licenses on 19 parcels in the Horn River Basin during government lease sales in November and March, paying about $646 an acre, or about $82 million altogether. The company said it plans to drill as many as four wells in late 2008 and early 2009, the only time of year the marshy ground in the province's far northern reaches is frozen hard enough to use heavy equipment. Read more
Quicksilver Resources: Natural Gas Producer Places Big Bet On Basin Around Fort Worth
“These people have always moved ahead of the crowd into areas where they could accumulate good acreage and do their homework”
They say everything in Texas is big, and that certainly goes for natural gas fields. via Investor's Business Daily