Jonah Field

Evolution Petroleum Reports Third Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Fourth Quarter

Retrieved on: 
Tuesday, May 7, 2024
LOE, NGL, International, Central Time, Natural gas, Interest, Hand, Webcast, BOPD, Public expenditure, Senior, Henry Hub, DUC, Jonah Field, Tax, MCF, Line of credit, SCOOP, Phase 5, CO2, Evolution, GAAP, G&A, BBL

Evolution reported $23.0 million in total revenue for the current quarter, a 10% increase from the prior quarter.

Key Points: 
  • Evolution reported $23.0 million in total revenue for the current quarter, a 10% increase from the prior quarter.
  • On a per unit basis, total LOE decreased 10% from $21.31 per BOE in the prior quarter to $19.24 in the current quarter.
  • Evolution expects to receive the remaining net cash flows at the final post-closing settlement occurring during the fourth quarter of fiscal 2024.
  • As previously announced, Evolution Petroleum will host a conference call on May 8, 2024, at 10:00 a.m. Central Time to review its third quarter fiscal 2024 financial and operating results.

Evolution Petroleum Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Third Quarter

Retrieved on: 
Tuesday, February 6, 2024
Carbon, ExxonMobil, GAAP, International, NGL, Tax, Jonah Field, Interest, Transport, Henry Hub, BOPD, Evolution, Public expenditure, MCF, LOE, Central Time, Acquisition, Natural gas, Webcast

Evolution reported $21.0 million of total revenue for the current quarter, a 2% increase from the prior quarter.

Key Points: 
  • Evolution reported $21.0 million of total revenue for the current quarter, a 2% increase from the prior quarter.
  • Lease operating costs (“LOE”) increased $0.5 million, or 4% from $11.9 million in the prior quarter to $12.4 million in the current quarter.
  • During the second quarter of fiscal 2024, the Company fully funded operations, development capital expenditures, and cash dividends through cash generated from operations and working capital.
  • As previously announced, Evolution Petroleum will host a conference call on February 7, 2024, at 10:00 a.m. Central Time to review its second quarter fiscal 2024 financial and operating results.

Evolution Petroleum Reports Full Year and Fourth Quarter Fiscal 2023 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 First Quarter

Retrieved on: 
Tuesday, September 12, 2023
Jonah Field, Tax, Maintenance, LOE, Interest, G&A, NGL, GAAP, Accounting, EBITDA, Natural gas, BOPD, Weather, Yoy, BOE, CO2, MCF, Airline, Security (finance), Gasoline, Depreciation

Evolution reported $18.2 million of total revenue for the current quarter, a 51% decrease from the prior quarter.

Key Points: 
  • Evolution reported $18.2 million of total revenue for the current quarter, a 51% decrease from the prior quarter.
  • The Company's G&A expenses, including stock-based compensation, remained flat at $2.3 million for both the current quarter and prior quarter.
  • Adjusted EBITDA was $4.7 million for the current quarter compared to $22.0 million in the prior quarter.
  • On a per BOE basis, Adjusted EBITDA was $7.92 for the current quarter versus $34.42 for the preceding quarter.

Jonah Energy Completes Responsibly Produced Gas Transaction

Retrieved on: 
Wednesday, November 2, 2022
Thought, Methane, Gold, CEO, Advisory Council, Natural gas, Greater Green River Basin, EHS, LDAR, Jonah Field, View, Technology, Leak detection, Artificial intelligence, Carbon, Multimedia, United Nations, German Advisory Council on Global Change, Renewable energy

DENVER, Nov. 2, 2022 /PRNewswire/ --Jonah Energy LLC ("Jonah"), one of the leading sustainable natural gas producers in the U.S., has successfully executed a large natural gas sales agreement to provide gold standard certified natural gas to a major US natural gas utility company.

Key Points: 
  • DENVER, Nov. 2, 2022 /PRNewswire/ --Jonah Energy LLC ("Jonah"), one of the leading sustainable natural gas producers in the U.S., has successfully executed a large natural gas sales agreement to provide gold standard certified natural gas to a major US natural gas utility company.
  • The agreement represents a milestone contract for the United Nations' Oil and Gas Methane Partnership 2.0 ("OGMP 2.0") certified gold standard natural gas, which recognizes the need for a cleaner produced natural gas product in the marketplace.
  • This transaction represents a shift in thinking and recognition that the differentiated natural gas market is beginning to take shape," said Howard Dieter, Jonah Energy's vice president EHS and Strategic Energy Initiatives.
  • Jonah Energy is an oil and gas exploration and development company headquartered in Denver, Colorado and operating in the Jonah and Pinedale Fields in Sublette County, Wyoming.

Jonah Energy's Josh Sorenson Named 'Reclamationist of the Year' by ASRS

Retrieved on: 
Thursday, June 10, 2021
Jonah Field, Pinedale, Wyoming, Sublette, Pinedale

PINEDALE, Wyo., June 10, 2021 /PRNewswire/ --The American Society of Reclamation Scientists (ASRS) today named Jonah Energy Reclamation Specialist Josh Sorenson as its "Reclamationist of the Year."

Key Points: 
  • PINEDALE, Wyo., June 10, 2021 /PRNewswire/ --The American Society of Reclamation Scientists (ASRS) today named Jonah Energy Reclamation Specialist Josh Sorenson as its "Reclamationist of the Year."
  • Sorenson was selected for developing and advancing the reclamation process on oil and gas well sites and right of ways in the Jonah Field, located in Sublette County, Wyo.
  • Prior to his work for Jonah Energy, Sorenson spent time as a rangeland and natural resource specialist with the U.S. Forest Service.
  • Jonah Energy is an oil and gas exploration and development company operating in the Jonah and Pinedale Fields in Sublette County, Wyoming.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Ultra Petroleum Corp. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, October 31, 2020
Jonah Field, Bankruptcy in the United States, Chapter 11, Title 11, United States Code, Bankruptcy, Companies, Finance, Money, Linn Energy

Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Ultra Petroleum is an oil and gas development company with primary assets in the Pinedale and Jonah fields of the Green River Basin of southwest Wyoming.
  • On May 14, 2020, Ultra Petroleum filed for bankruptcy protection and is not named as a defendant in the action.
  • In April 2017, at the beginning of the Class Period, Ultra Petroleum exited a court-supervised reorganization under Chapter 11 of the U.S. Bankruptcy Code.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Ultra Petroleum Corp. and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, October 29, 2020
Legal, Professional services, Jonah Field, Bankruptcy in the United States, Chapter 11, Title 11, United States Code, Bankruptcy, Companies, Finance, Money, Linn Energy

Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Ultra Petroleum is an oil and gas development company with primary assets in the Pinedale and Jonah fields of the Green River Basin of southwest Wyoming.
  • On May 14, 2020, Ultra Petroleum filed for bankruptcy protection and is not named as a defendant in the action.
  • In April 2017, at the beginning of the Class Period, Ultra Petroleum exited a court-supervised reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Ultra Successfully Completes Financial Restructuring and Emergence from Bankruptcy

Retrieved on: 
Wednesday, September 16, 2020
Jonah Field, Legal entities, Limited liability company, Companies

The day after emergence, UP Energy Corporation converted from a Delaware corporation to a Delaware limited liability company and changed its name to UP Energy, LLC.

Key Points: 
  • The day after emergence, UP Energy Corporation converted from a Delaware corporation to a Delaware limited liability company and changed its name to UP Energy, LLC.
  • Ultra Petroleum Corp., a Yukon corporation (Ultra Petroleum), will be dissolved in connection with the emergence process.
  • Through its financial restructuring, the Company eliminated approximately $2.0 billion of indebtedness from its balance sheet.
  • Ultra controls more than 117,000 gross (83,000 net) acres in and around the prolific Pinedale and Jonah Fields.

ULTRA PETROLEUM ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Ultra Petroleum Corp. and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, September 2, 2020
Jonah Field, Bankruptcy in the United States, Chapter 11, Title 11, United States Code, Finance, Bankruptcy, Companies, Linn Energy

Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until November 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Ultra Petroleum is an oil and gas development company with primary assets in the Pinedale and Jonah fields of the Green River Basin of southwest Wyoming.
  • On May 14, 2020, Ultra Petroleum filed for bankruptcy protection and is not named as a defendant in the action.
  • In April 2017, at the beginning of the Class Period, Ultra Petroleum exited a court-supervised reorganization under Chapter 11 of the U.S. Bankruptcy Code.