Delaware Basin

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Concho Resources Inc. Investors with Losses Over $100K to Secure Counsel Before Important Deadline in Securities Class Action – CXO

Retrieved on: 
Thursday, August 12, 2021
Titan, Permian, TO, Globe, Delaware Basin, Lists of schools in England, I-Space (Chinese company), Court, Facebook, Class, WHY, GLOBE, NYSE, Advertising, CXO, THE, Concho Resources, LinkedIn, Twitter, Insurance, Tobacco

WHAT TO DO NEXT: To join the Concho class action, go to http://www.rosenlegal.com/cases-register-2133.html or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Concho class action, go to http://www.rosenlegal.com/cases-register-2133.html or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Mexco Energy Corporation Reports Financial Results for Profitable First Quarter

Retrieved on: 
Wednesday, August 11, 2021
Permian, Acquisition, Delaware Basin, Natural gas, Safe harbor, GLOBE, Company, NYSE, Private Securities Litigation Reform Act, Income, Regulation, MXC, Water, Intention, Potash

MIDLAND, TX, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported operating revenues in the first quarter of fiscal 2022 increased 241% to $1,264,198 from $370,456 for the first quarter of fiscal 2021.

Key Points: 
  • MIDLAND, TX, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported operating revenues in the first quarter of fiscal 2022 increased 241% to $1,264,198 from $370,456 for the first quarter of fiscal 2021.
  • Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin.
  • Mexco Energy Corporation disclaims any intention or obligation to revise any forward-looking statements.
  • For additional information, please contact: Nicholas C. Taylor, Chairman and Chief Executive Officer or Tammy L. McComic, President and Chief Financial Officer, both of Mexco Energy Corporation, (432) 682-1119.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Concho Resources Inc. - CXO

Retrieved on: 
Friday, August 6, 2021
Permian, Dominator, Budget, Company, Concho Resources, NYSE, News, GLOBE, Concha, Delaware Basin, Private investigator

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concho Resources Inc. (Concho or the Company) (NYSE:CXO).

Key Points: 
  • NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concho Resources Inc. (Concho or the Company) (NYSE:CXO).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Concho and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Summit Midstream Partners, LP Announces Agreements to Resolve 2015 Discovery of Produced Water Release

Retrieved on: 
Thursday, August 5, 2021
Permian, Natural gas, Codell, Kansas, Bone Spring Formation, Global Analyst Research Settlements, Bend Arch–Fort Worth Basin, Partnership, Mesaverde Group, Annual report, Utica Shale, Multimedia, Piceance Basin, Water, LLC, Transport, Mancos, Colorado, U.S. Securities and Exchange Commission, Delaware Basin, Forward-looking statement, Pharmaceutical industry, Oil

Since discovering the spill in 2015, we have invested approximately $75 million on these overall system improvements and environmental remediation measures at the Blacktail Creek site.

Key Points: 
  • Since discovering the spill in 2015, we have invested approximately $75 million on these overall system improvements and environmental remediation measures at the Blacktail Creek site.
  • The Global Settlement is an important final step to fully resolve the ongoing government investigations and legal matters.
  • This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws.
  • Any forward-looking statements in this press release are made as of the date of this press release and SMLP undertakesno obligation to update or revise any forward-looking statements to reflectnew informationor events.

Altus Midstream Announces Second-Quarter 2021 Results

Retrieved on: 
Wednesday, August 4, 2021
Permian, Nasdaq, Altus, Delaware Basin, Telephone, GLOBE, Petroleum

HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced second-quarter 2021 results.

Key Points: 
  • HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced second-quarter 2021 results.
  • There will be a conference call Aug. 5 at 1 p.m. Central time to discuss the results.
  • It will be webcast and archived on Altus website and available for playback by telephone for one week.
  • Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation.

NexTier Announces the Launch of Its Power Solutions Natural Gas Fueling Services in the Permian Basin

Retrieved on: 
Monday, August 2, 2021
Natural gas, Fuel gas, Fuels, Energy, Compressed natural gas, Chemical substances, Petroleum industry, Midstream, Natural-gas condensate, Natural gas vehicle

HOUSTON, Aug. 2, 2021 /PRNewswire/ --NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced the commercial launch of its Power Solutions division, a business dedicated to providing comprehensive fueling services to natural gas-powered fleets in the Permian Basin.

Key Points: 
  • HOUSTON, Aug. 2, 2021 /PRNewswire/ --NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced the commercial launch of its Power Solutions division, a business dedicated to providing comprehensive fueling services to natural gas-powered fleets in the Permian Basin.
  • With today's announcement, NexTier takes another leap forward in our commitment to provide low-cost, low-carbon solutions to the oil and gas industry.
  • The addition of Power Solutions integrates the latest in compressed natural gas (CNG) supply and field-gas handling technologies with NexTier's existing portfolio of natural gas-fueled completion services.
  • EagleClaw Midstream provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water.

Summit Midstream Partners, LP Schedules Second Quarter 2021 Earnings Call

Retrieved on: 
Monday, August 2, 2021
New York Stock Exchange

HOUSTON, Aug. 2, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the second quarter of 2021 on Friday, August 6, 2021, before the start of trading on the New York Stock Exchange.

Key Points: 
  • HOUSTON, Aug. 2, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the second quarter of 2021 on Friday, August 6, 2021, before the start of trading on the New York Stock Exchange.
  • The conference call, live webcast and archive of the call can be accessed through the Investors section of SMLP's website at www.summitmidstream.com .
  • SMLP is a value-driven limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.
  • This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws.

PBEX Resources, LLC Is Pleased to Announce the Promotion of Tom Taccia as President, Effective July 8th, 2020

Retrieved on: 
Monday, August 24, 2020
Maritime, Energy, Transport, Oil, Gas, Geology of the United States, Geology of Texas, Legal entities, Permian Basin, Structural basin, Limited liability company, Delaware Basin, Geology of the United States, Geology of Texas, Legal entities, Permian Basin, Structural basin, Limited liability company, Delaware Basin

Under Toms leadership, PBEX, LLC has continued to grow its Permian Basin acreage footprint and increase its operated well count to 57 in Texas and New Mexico.

Key Points: 
  • Under Toms leadership, PBEX, LLC has continued to grow its Permian Basin acreage footprint and increase its operated well count to 57 in Texas and New Mexico.
  • Tom directs a team of reservoir engineers, landmen and geologists that are specialized in building operated acreage positions that result in best-in-class development projects for PBEX, LLC.
  • Tom has excelled at leading the Companys operations through numerous transitions including PBEX, LLCs acquisition of EGL Resources, LLC in the New Mexico Delaware Basin.
  • PBEX, LLC continues to focus on building and consolidating operated acreage positions primarily in the New Mexico Delaware Basin.

CGG and Fairfield Geotechnologies Collaborate on New Multi-Client Program in the Central Basin Platform

Retrieved on: 
Thursday, February 6, 2020
Geology of the United States, Geology of North America, Geology of Texas, Permian Basin, Geology of New Mexico, Fairfield Geotechnologies, West Texas, Fairfield, CGG, Delaware Basin, Structural basin

CGG and Fairfield Geotechnologies have signed a second cooperation agreement to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin located in West Texas.

Key Points: 
  • CGG and Fairfield Geotechnologies have signed a second cooperation agreement to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin located in West Texas.
  • The CBP is a tectonically uplifted geological structure that separates the deep Delaware Basin and the shallower Midland Basin, which, all together, make up the greater Permian Basin of West Texas.
  • The CGG/Fairfield agreement area covers approximately 6,500 square miles across several counties, including Gaines, Andrews, Ector, Crane and Upton County.
  • Joe Dryer, President, Multi-Client Geosciences, Fairfield Geotechnologies, said: We are excited to collaborate with CGG in the further development of the Central Basin Platform.

Oilfield Water Logistics Doubles Footprint in Delaware Basin

Retrieved on: 
Monday, January 6, 2020
Oil, Gas, Alternative energy, Energy, Other Energy, Utilities, Geology of the United States, Geology of North America, Geology of Texas, Permian Basin, Structural basin, Midstream, Delaware Basin

Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, today announced it has acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.

Key Points: 
  • Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, today announced it has acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.
  • This acquisition complements our current operations in the Northern Delaware Basin, doubling OWLs footprint and enhancing our capabilities and long-term value proposition for customers, said Chris Cooper, Chief Executive Officer of OWL.
  • E&P companies increasingly face operational and logistical challenges related to the transportation, re-use and disposal of produced water.
  • Founded in 2014, OWLs growing midstream water infrastructure platform in the Permian and Powder River Basins provides essential infrastructure supporting oil production across the midstream water value chain, including produced water gathering, transportation, re-use and disposal.