Sat, Sep 20, 2014, 1:29 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Abraxas Petroleum Corp. Message Board

jansonnl 25 posts  |  Last Activity: 21 hours ago Member since: Aug 21, 1999
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • copied from Whiting presentation at Barclay CEO Conference:

    ‐ McKenzie Co. ND Tarpon Prospect Well Completed on June 7, 2014 in 2nd Bench of Three Forks
    Flowing 6,071 BOE/d

    Is Abraxas drilling in the same region?

  • copied from whiting Barclay CEO presentation:

    ‐ McKenzie Co. ND Tarpon Prospect Well Completed on June 7, 2014 in 2nd Bench of Three Forks
    Flowing 6,071 BOE/d

  • just listened to the Enercom-webcast of Eclipse, an upcoming company (IPO aug 2014) and very similar to the Apalachian part of MHR; the CEO was very positive about the wells they drilled with MHR (i could find 3 of them on slide 22 of MHR aug2014 presentation) and they have a transportation deal with Eureka.
    MHR has rig nr 9 contracted with Eclipse trough oct2014, so they have inside info about some of Eclipse wells.
    The CEO of Eclipse was talking about their core position in "one of the best /the very best plays" in the country.
    NB There is also an executive interview with CEO Ben Hulburt on O&G360

  • (look at oil&gas 360 media, interesting video):

    "we will become a "Marcellus-and-Utica-only" company"
    "some of our biggest wells now come online next two to three weeks"
    "we are in manufactoring mode now"

  • jansonnl by jansonnl Sep 10, 2014 3:46 PM Flag

    Responsible Party: AVAX Technologies Identifier: NCT00660101 History of Changes
    Other Study ID Numbers: A/100/0501
    Study First Received: April 16, 2008
    Last Updated: May 20, 2014
    Health Authority: United States: Food and Drug Administration

    Keywords provided by AVAX Technologies:
    ovarian cancer

    Additional relevant MeSH terms:
    Ovarian Neoplasms
    Neoplasms, Glandular and Epithelial
    Neoplasms by Histologic Type
    Endocrine Gland Neoplasms
    Neoplasms by Site
    Ovarian Diseases
    Adnexal Diseases
    Genital Diseases, Female
    Genital Neoplasms, Female
    Urogenital Neoplasms
    Endocrine System Diseases
    Gonadal Disorders processed this record on September 09, 2014

  • Reply to

    Basic Recap of New September Presentation.

    by pocilujko Sep 8, 2014 5:51 PM
    jansonnl jansonnl Sep 9, 2014 7:24 AM Flag

    some additions:

    slide 21: Jourdanton Well 2 disappeared (was budgeted for 2014

    slide 30: Powder River Basin: now exploring swap opportunities (what is this?)
    Permian Basin: 1 Clearfork recompletion

  • jansonnl jansonnl Aug 16, 2014 7:53 AM Flag

    copied from IBD:

    In another deal also announced Thursday, Shell is selling its Haynesville assets to The Blackstone Group (NYSE:BX) for $1.2 billion.

    "We are adding highly attractive exploration acreage where we have impressive well results in the Utica (area) and divesting our more mature Pinedale and Haynesville dry-gas positions," said Marvin Odum, president of Royal Dutch Shell's U.S. division, in a release.

    Shell copied the GE-move!

  • MHR Non-Core Divestiture Summary (analyst presentation slide 80)

    In Process (Est.)
    Non-Core Oil/ WV Waterfloods $15.0 - $30.0 (Est.)
    Non-Core North Dakota Non-Op $25.0 - $30.0 (Est.)
    Bakken Non-Op $350.0 - $450.0 (Est.)
    Bakken Operated $11.0 - $13.0 (Est.)

    Subtotal for 2014 $401.0 - $523.0 (Est.)

  • Reply to

    Press release

    by jansonnl Aug 13, 2014 4:07 PM
    jansonnl jansonnl Aug 14, 2014 8:12 AM Flag

    what could be the reason that MHR does not show this PR on their site? (only hidden in SEC-filing!).

  • two remarkable differences with Jun'14 presentation:
    1. Laredo Petroleum Today (slide 3):
    Significant Resource Potential
    jun'14: 10x existing reserves
    aug'14: 8x existing reserves (Less?)
    2. Permian Production Growth (slide 10):
    jun'14: CAGR 30-35%
    aug'14: CAGR 25-35% (Less?)

  • jansonnl by jansonnl Aug 13, 2014 4:07 PM Flag

    MHR issued a PR in Australia as per SEC-filing:

    Item 7.01 Regulation FD Disclosure.
    On August 13, 2014, Magnum Hunter Resources Corporation (the “Company”) issued a press release in Australia concerning its takeover bid to acquire all of the outstanding ordinary (or common) shares of Ambassador Oil and Gas Limited, an Australian company listed on the Australian Securities Exchange (ASX: AQO) (the “Press Release”). A copy of the Press Release is furnished as part of this Current
    Report on Form 8-K as Exhibit 99.1.
    * *
    It is not listed on their site (as PR), it can be read via their SEC-filing.

  • jansonnl by jansonnl Aug 13, 2014 9:39 AM Flag

    from Range Resource Presentation:

    When GIP analysis from the Marcellus, Upper Devonian and Utica/Point Pleasant are combined, the largest stacked pay resource is located in SW PA where Range has concentrated its acreage position

  • Reply to

    Ambassador info (PR)

    by jansonnl Aug 13, 2014 8:59 AM
    jansonnl jansonnl Aug 13, 2014 9:24 AM Flag

    "Furthermore, we believe our current common stock price greatly underestimates the value of our company and its future growth prospects."

  • Mr. Gary C. Evans, Chairman and Chief Executive Officer of Magnum Hunter, commented:
    “Approximately two weeks ago, the Australian Government Takeovers Panel issued a declaration of unacceptable circumstances against Drillsearch, the Ambassador directors and certain shareholders of Ambassador. We were pleased that the Takeovers Panel agreed with our application and ordered that Drillsearch, the Ambassador directors and certain Ambassador shareholders unwind such shareholders’
    acceptances of the Drillsearch offer. We were of the view that Drillsearch’s offer was orchestrated to deliver control of Ambassador to
    Drillsearch contrary to the principle that corporate takeovers must occur in an efficient, competitive and informed market.
    Although the Takeovers Panel’s declaration and orders created a more level playing field where Ambassador’s shareholders could more properly consider the competing Magnum Hunter and Drillsearch bids for Ambassador, the principal considerations underlying our bid subsequently changed. We continue to believe our offer for Ambassador has significant strategic merit, specifically with respect to the potential
    control of the exploration and development of PEL 570 through both New Standard, in which we hold a significant equity interest, and Ambassador. However, the recent postponement of New Standard’s exploration obligations in respect of PEL 570 is a significant disincentive to us with respect to an immediate acquisition of Ambassador for a consideration greater than our current exchange offer ratio presently reflects.
    Furthermore, we believe our current common stock price greatly underestimates the value of our company and its future growth prospects.
    Therefore, at the present time, we are not adjusting our current exchange offer ratio to increase our consideration for Ambassador as such adjustment would be unattractive to Magnum Hunter’s existing stockholders.

  • I just finished looking at the presentation of Consol Energy, very detailed info about Marcellus and Utica; as it is telling a very positive story it must be the same for MagnumHunter!
    Look at:
    CONSOL Energy 2014 Analyst Day Presentation

  • that was a very poor CC (listen to the 3h31min replay at MHR site).
    They should have a written copy available for the parts that could not be listened to.
    Shame for a professional company Level(3)!

  • Reply to

    Whiting Well 7/26/14

    by buffalo3112 Jul 26, 2014 12:31 PM
    jansonnl jansonnl Jul 28, 2014 7:33 AM Flag

    that is very much water

  • For the fiscal year ending June 30th, the Bachelor Mine produced 48,847 ounces of gold compared to 23,021 ounces of gold for the previous year. This production performance exceeded the previous guidance of 45,000 ounces published April 9th, 2014.

    For the coming year, Metanor expects to produce 50,000 ounces of gold from its Bachelor Mine. In addition, Metanor plans to drill between 60,000 and 65,000 meters of exploration and definition drilling at Bachelor during the same period.

  • Reply to

    Ormet Mineral Interest

    by oilpatch71 Jul 25, 2014 9:52 AM
    jansonnl jansonnl Jul 25, 2014 3:09 PM Flag

    MHR was very late with this news, found this msg from 3 july 2014:

    Ormet to Sell Mineral Rights for $22 Million
    Posted: Jul 03, 2014 2:18 PMUpdated: Jul 03, 2014 9:15 PM
    HANNIBAL, Ohio -A Delaware bankruptcy judge has given Ormet approval this week to sell mineral rights to a company called Triad Hunter.

  • listening the CC at WLL they talked about a TF well with more than 6000 BOEpd (2nd bench?)
    has KOG ever published TF specific results?

5.53-0.20(-3.49%)Sep 19 4:15 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.