April 26, 2024
Finance

Why Texas has too much natural gas

A natural gas (NG=F) glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year. At West Texas’s key trading spot, the Waha Hub, prices have been negative for the majority of March and into April, according to government data released this week. That means producers

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Investment

MidOcean Energy announces strategic investment from Mitsubishi Corp.

  Published by Jessica Casey, Editor LNG Industry, Thursday, 04 Apr 24 MidOcean Energy, a global LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced a strategic investment by

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Finance

Strathcona Resources Ltd. Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

CALGARY, AB, March 26, 2024 /CNW/ – Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) today reported its fourth quarter and full year 2023 financial and operating results. Strathcona Resources Ltd. (CNW Group/Strathcona Resources Ltd.) Highlights (Q4 2023) Production of 186,064 boe / d (71% oil and condensate, 77% liquids)(1) Operating Earnings of $202.1

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Finance

U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2023

U.S. Energy Corp. HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) — U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing oil and natural gas assets, today reported financial and operating results for the three and twelve months ended December 31, 2023. FULL YEAR 2023

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Finance

Pieridae Releases Q4 and Full Year 2023 Financial & Operating Results and 2023 Reserves

Pieridae Alberta Production Ltd. Successful Refinancing, Strong Exit Production & Cash Flow Supported by Robust Hedging Program NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES CALGARY, Alberta, March 20, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its fourth quarter and full

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