Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Jeff Quigley, director of energy markets for Stratas Advisors, recently sat down with Hart Energy's Jessica Morales to discuss the outlook of OPEC's latest oil production agreement after returning from the group's meetings in Vienna last week.
Quigley said while the new agreement creates a sense of optimism there is still talk the extension may be revisited during the next meetings in June. According to Quigley, countries like Libya and Nigeria should have no problem upholding their part of the agreement. Additionally, Russia has voiced concern about the production cutbacks, so the world will be watching them throughout 2018.
Recommended Reading
SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’
2024-03-28 - In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”
SM Energy Declares Quarterly Cash Dividend
2024-03-26 - SM Energy’s dividend will be paid out on May 3 to stockholders on record as of April 19.
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
Par Pacific Asset-based Revolving Credit Bumped Up by 55%
2024-03-25 - The amendment increases Par Pacific Holdings’ existing asset-based revolving credit facility to $1.4 billion from $900 million.
California Resources Corp. Nominates Christian Kendall to Board of Directors
2024-03-21 - California Resources Corp. has nominated Christian Kendall, former president and CEO of Denbury, to serve on its board.