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Stock Market & Financial Investment News

News Breaks
June 5, 2014
07:29 EDTWLL, XEC, ESCR, BCEI, PDCE, PVA, CPE, GDP, KOG, AXAS, EXXI, UNT, FTK, CAKIndependent Petroleum Association of America to hold a conference
IPAA OGIS Toronto to be held in Toronto, Canada on June 5.
News For CAK;KOG;BCEI;FTK;GDP;ESCR;UNT;CPE;XEC;EXXI;PVA;WLL;AXAS;PDCE From The Last 14 Days
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April 20, 2015
08:53 EDTAXASAbraxas Petroleum sees Q1 production 6,600-6,800 Boepd
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08:50 EDTWLLWhiting Petroleum announces plan to implement proxy access, declassify board
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08:30 EDTCPECallon Petroleum upgraded on improved well results at SunTrust
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08:06 EDTXECCimarex Energy downgraded to Hold from Accumulate at KLR Group
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07:22 EDTAXAS, GDP, CAKIndependent Petroleum Association of America to hold a conference
IPAA-OGIS New York is being held in New York on April 20-22.
06:56 EDTCPECallon Petroleum upgraded to Buy from Neutral at SunTrust
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April 17, 2015
10:00 EDTXECOn The Fly: Analyst Downgrade Summary
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07:59 EDTXEC, XECCimarex Energy downgraded to Underperform from Buy at CLSA
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07:16 EDTPDCEPDC Energy price target raised to $74 from $62 at Stifel
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07:01 EDTCAKCAMAC to implement reverse stock split, change name to Erin Energy
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April 16, 2015
16:19 EDTCAKCAMAC provides operational update on offshore Nigeria
CAMAC Energy has been informed by the owner of the Floating Production, Storage, and Offloading vessel Armada Perdana, Bumi Armada Berhad, that the renewal of the FPSO’s class certification is now expected to be completed by April 24. The Oyo-8 well, located in the Oyo field offshore Nigeria, is ready to commence production into the FPSO upon the vessel’s class certificate renewal.
10:10 EDTPVAPenn Virginia sale process said to stall, dealReporter says
Penn Virginia’s sale process has stalled due to valuation issues that have not been bridged by the seller and potential buyers, reported dealReporter, citing industry bankers, according to contacts. Penn Virginia shares are down 2.9% to $7.76 in early trading.
April 15, 2015
10:00 EDTXECOn The Fly: Analyst Downgrade Summary
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07:50 EDTXECCimarex Energy price target raised to $150 from $130 at Stifel
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07:15 EDTXECCimarex Energy downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Cimarex Energy to Neutral with a $115 price target due to valuation.
06:42 EDTXECCimarex Energy coverage resumed with a Neutral at Goldman
Target $125.
06:41 EDTWLLWhiting Petroleum coverage resumed with a Neutral at Goldman
Target $29.
April 14, 2015
07:04 EDTFTKFlotek and Solazyme announce strategic agreements to develop technologies
Flotek Industries (FTK) and Solazyme (SZYM) announced the companies and certain subsidiaries have entered into agreements to globally commercialize Flocapso. In addition, Flotek will market Solazyme's Encapso lubricant - the first commercially available, biodegradable encapsulated lubricant for drilling fluids – in certain Middle Eastern markets. Under the Joint Product Development and Marketing Agreement, Flotek and Solazyme will commercialize and market Flocapso, a proprietary formulation combining Flotek's patented Complex nano-Fluid chemistries with Solazyme's proprietary Encapso technology to create an environmentally-conscious, highly effective drilling fluid additive focused on better lubricity and greater stabilization for drilling programs worldwide. Laboratory and commercial testing indicate that the Flocapso additive will allow the use of water-based fluids in wells that previously required more expensive and invasive oil-based products, providing an environmentally superior, more efficient solution to drilling challenges around the globe. Under the Joint Agreement, Flotek and Solazyme will continue the development of the Flocapso chemistries and work cooperatively to market Flocapso worldwide. The companies are currently in an active validation project with a large national oil company in the Middle East and are pursuing commercial applications in both domestic and international markets.
07:04 EDTFTKFlotek, Solazyme announce agreements to commercialize Flocapso
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April 13, 2015
10:31 EDTWLLWhiting Petroleum sees Q1 production 14.45MMBOE-14.85MMBOE
Sees FY15 production 59MMBOE-59.7MMBOE. Sees FY15 CapEx $2B. Comments from investor presentation slides.
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