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SPI Energy Co. (NASDAQ: SPI ) has entered into a share purchase agreement with Lighting Charm Limited ( the “Buyer”). The SPA provides that the Company will sell the Buyer 100% of the shares of SPI China (NYSE: HK ) Limited. More news on: SPI Energy Co., Ltd., Halcon R...
Texas oil production fell in June from last year for the first time in 16 months, according to results from the state’s energy regulator, a sign that the lack of pipeline takeaway capacity in the Permian Basin may be affecting production. More news on: EOG Resources, Inc., Pionee...
Introduction Is it just me or does the Halcon Resources ( HK ) corporate logo look a phoenix rising from the ashes? Or maybe just a bird of prey swooping down upon it’s a quarry: an easy meal consisting of fringe acreage left over from the latest boom/bust shale cycle. It very well...
Keane Group: An overview Keane Group ( FRAC ) provides integrated well completion services in the U.S. for the upstream energy producers. In 2018 so far, FRAC's stock price has declined 29%, while the VanEck Vectors Oil Services ETF ( OIH ) declined 7% year-to-date. OIH represents the oilf...
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Ten years ago, gas production in the Marcellus Basin of Appalachia represented less than 5% of domestic production. At the end of 2018, it represented 41% of production. This stratospheric rise came to a halt in 2019 with production ending the year representing only 39% of production. Appalachia...
HOUSTON, TEXAS, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) and its subsidiaries today announced that they filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in th...
HOUSTON, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) today announced the Company has entered into a Restructuring Support Agreement (the “RSA”) with certain holders of its 6.7...