Rockhopper, Beach finalize sale of E&P assets in Egypt

UK-based Rockhopper Exploration PLC has reported the completion of its acquisition of Beach Petroleum (Egypt) Pty. Ltd., the Egyptian subsidiary of Beach Energy Ltd., Adelaide. Source: News


16 Aug 2016 13:15:26 EDT – The latest stock information is now available for your stocks

XOM    Last 87.67  Change –0.14   % Change 0.16%   Volume 3,177,834   As of: 16 Aug 2016 13:15:26 EDT   View: Stock Quote |  News   CVX    Last 102.54  Change –0.23   % Change 0.22%   Volume 2,417,656   As of: 16 Aug 2016 13:15:26 EDT   View: Stock Quote |  News   COP    Last 42.96  Change +0.78   % […]


NPD: July oil production highest level in 5 years

The Norwegian Petroleum Directorate reported that Norway’s oil production in July reached its highest level in 5 years because many fields were “producing above prognosis.” Source: News


16 Aug 2016 12:06:49 EDT – The latest stock information is now available for your stocks

XOM    Last 87.65  Change –0.16   % Change 0.18%   Volume 2,654,578   As of: 16 Aug 2016 12:06:49 EDT   View: Stock Quote |  News   CVX    Last 102.6  Change –0.17   % Change 0.17%   Volume 1,723,046   As of: 16 Aug 2016 12:06:49 EDT   View: Stock Quote |  News   COP    Last 42.6826  Change +0.5026   % […]


Parsley Energy to buy Midland basin assets for $400 million

Parsley Energy Inc., Austin, has agreed to acquire undeveloped acreage and producing oil and gas properties in Glasscock County, Tex., along with associated mineral and overriding royalty interests, for $400 million in cash. Expected to close on or before Oct. 4, the deal will be financed through debt and equity issuances. Source: News


16 Aug 2016 11:20:49 EDT – The latest stock information is now available for your stocks

XOM    Last 87.77  Change –0.04   % Change 0.05%   Volume 1,898,164   As of: 16 Aug 2016 11:20:49 EDT   View: Stock Quote |  News   CVX    Last 102.9  Change +0.13   % Change 0.13%   Volume 1,325,047   As of: 16 Aug 2016 11:20:49 EDT   View: Stock Quote |  News   COP    Last 42.42  Change +0.24   % […]


16 Aug 2016 10:38:53 EDT – The latest stock information is now available for your stocks

XOM    Last 87.49  Change –0.32   % Change 0.36%   Volume 1,317,430   As of: 16 Aug 2016 10:38:53 EDT   View: Stock Quote |  News   CVX    Last 102.61  Change –0.16   % Change 0.16%   Volume 890,413   As of: 16 Aug 2016 10:38:53 EDT   View: Stock Quote |  News   COP    Last 42.305  Change +0.125   % […]


MARKET WATCH: NYMEX oil price for September approaches $46/bbl

The light, sweet crude oil price for September delivery climbed $1.25 on the New York market Aug. 15 to $45.74/bbl, marking the highest front-month contract price since July 15. Oil prices have gained for three consecutive sessions on both the New York and London markets. Source: News


Concho to expand Midland basin acreage in $1.6-billion deal

Concho Resources Inc. has agreed to acquire 40,000 net acres with an average 99% working interest in the core of the Midland basin of West Texas from Reliance Energy Inc. for $1.625 billion. Source: News


EIA: Permian oil output to rise 3,000 b/d in September

The Permian held out roughly a year before joining the other major US shale regions in crude-oil production declines during the current downturn. Now, after a string of losses, growth from the West Texas and southeastern New Mexico basin is expected again by the US Energy Information Administration. Source: News