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Stock Market & Financial Investment News

News Breaks
March 19, 2013
16:08 EDTEXXI, APAEnergy XXI announces JV with Apache
The company has entered into an agreement with Apache Corp. (APA) to explore for oil and gas pay sands associated with salt dome structures on the central Gulf of Mexico shelf. The area of mutual interest includes several salt domes within a 135 block area. In addition, Energy XXI has acquired a 25% working interest in 21 non-producing primary-term leases with Apache. A new wide azimuth seismic program is underway to define the potential of the AMI, covering approximately 633,000 acres. "This joint venture exemplifies our interest in exploring salt structures where new seismic data, remapping and remodeling could uncover significant hidden hydrocarbons," Energy XXI Chairman and CEO John Schiller said. "Our Pendragon exploration well, being drilled in the Vermilion area, is a similar analog. We are very excited about the potential of this new joint venture with Apache, a world-class operator with extensive expertise in the Gulf of Mexico."
News For EXXI;APA From The Last 14 Days
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October 2, 2014
08:03 EDTEXXIEnergy XXI upgraded to Buy from Neutral at Guggenheim
Guggenheim upgraded Energy XXI to Buy with a $19 price target citing the company's operational improvements and merger synergies.
07:17 EDTEXXIEnergy XXI upgraded to Buy from Neutral at Guggenheim
October 1, 2014
10:00 EDTEXXIOn The Fly: Analyst Initiation Summary
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07:08 EDTEXXIEnergy XXI initiated with a Neutral at Citigroup
Target $12.50.
September 30, 2014
15:54 EDTAPAApache looks to sell assets in Texas panhandle, Western Oklahoma, Reuters says
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September 29, 2014
18:22 EDTEXXIOn The Fly: After Hours Movers
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16:36 EDTEXXIEnergy XXI sees Q1 production at mid-point of guidance
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07:20 EDTEXXIJohnson Rice to hold a conference
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September 22, 2014
07:27 EDTEXXIIndependent Petroleum Association of America to hold a conference
IPAA OGIS San Francisco on September 22-24.

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