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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:15 EDTEXXI, FTK, CLB, BAS, MILL, SSN, MPET, END, ATLS, PQ, SYRG, GDP, WFTEnerCom to hold a conference
London Oil & Gas Conference to be held in London, England on June 10-11 with webcasted company presentations to begin on June 10 at 4 am; not all company presentations may be webcasted. Webcast Link
News For EXXI;GDP;SYRG;PQ;ATLS;END;MPET;SSN;MILL;BAS;CLB;FTK;WFT From The Last 14 Days
Check below for free stories on EXXI;GDP;SYRG;PQ;ATLS;END;MPET;SSN;MILL;BAS;CLB;FTK;WFT the last two weeks.
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August 19, 2014
07:35 EDTCLBCore Laboratories management to meet with William Blailr
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07:18 EDTBASEnerCom to hold a conference
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05:02 EDTSSNSamson Oil & Gas provides operational advisory
The infill development plan for North Stockyard consists of 8 middle Bakken wells that have been drilled and 22 Three Forks wells. The Three Forks wells consist of 8 First Bench Three Forks wells, 6 Second Bench Three Forks wells, and 8 Third Bench Three Forks wells. Frontier Rig 24 has set and cemented the 9-5/8 inch surface casing on the Bootleg 8-14-15TF2H. Presently, the intermediate section of the wellbore is being drilled at depth of 10,397 feet. Bootleg 8 is the first well in the North Stockyard field to target the Second Bench of the Three Forks. Spacing approval has been received for a total of 22 wells in the Three Forks Formation and therefore will maintain a development drilling program over the forthcoming 2 years within the North Stockyard Field. The Bootleg 5-14-15TFH frack has been completed. A total of 35 stages were successfully completed with 8.15 million pounds of sand placed. The Bootleg 4-14-15TFH frack is underway and the plan is to fracture stimulate 28 stages with a total of 4.5 million pounds of sand. A rig is on site repairing the liner on the Matilda Bay 1, but the operation has been temporarily suspended to shut-in the well for the Bootleg 4 and 5 fracks. Following the fracture stimulation the work–over will reconvene. The Matilda Bay 2 is currently shut-in for the Bootleg 4 and 5 fracks.
August 18, 2014
10:01 EDTSYRGOn The Fly: Analyst Initiation Summary
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08:40 EDTSYRGSynergy Resources shares seen going to $19 at FBR Capital
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07:54 EDTCLB, EXXIEnerCom to hold a conference
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06:26 EDTSYRGSynergy Resources initiated with a Buy at Canaccord
Target $17.
06:10 EDTSYRGSynergy Resources enters into joint development agreement in Nebraska
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August 15, 2014
10:01 EDTEXXIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apollo Global (APO) downgraded to Market Perform from Outperform at Wells Fargo... Calavo Growers (CVGW) downgraded to Neutral from Outperform at Wedbush... DaVita (DVA) downgraded to Hold from Buy at Deutsche Bank... Dangdang (DANG) downgraded to Neutral from Outperform at Credit Suisse... Ducommun (DCO) downgraded to Neutral from Buy at DA Davidson... Energy XXI (EXXI) downgraded to Sector Perform from Outperform at Howard Weil... Fifth Street Finance (FSC) downgraded to Neutral from Buy at Gilford Securities... Genetic Technologies (GENE) downgraded to Neutral from Buy at Ladenburg... Harmony Gold (HMY) downgraded to Underweight from Neutral at HSBC... Ignite Restaurant (IRG) downgraded to Neutral from Overweight at Piper Jaffray... JDSU (JDSU) downgraded to Hold from Buy at Argus... K12 (LRN) downgraded to Market Perform from Outperform at Wells Fargo... KKR (KKR) downgraded to Market Perform from Outperform at Wells Fargo... Lexington Realty (LXP) downgraded to Neutral from Buy at Ladenburg... Lithia Motors (LAD) downgraded to Underweight from Equal Weight at Morgan Stanley... New York & Co. (NWY) downgraded to Neutral from Buy at Janney Capital... OCI Partners (OCIP) downgraded to Underweight from Equal Weight at Barclays... OmniVision (OVTI) downgraded to Neutral from Outperform at RW Baird... Smith & Nephew (SNN) downgraded to Equal Weight from Overweight at Morgan Stanley... Subsea 7 (SUBCY) downgraded to Neutral from Buy at Goldman... Tencent (TCEHY) downgraded to Neutral from Overweight at JPMorgan... ViaSat (VSAT) downgraded to Equal Weight from Overweight at Stephens... bebe stores (BEBE) downgraded to Neutral from Buy at Janney Capital.
08:48 EDTEXXIEnergy XXI downgraded to Sector Perform from Outperform at Howard Weil
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07:52 EDTEXXIEnergy XXI price target lowered to $30 from $36 at Canaccord
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06:02 EDTSYRGSynergy Resources announces production update
Beginning with the Union pad, Synergy began drilling well bores 220 feet apart which is a more densely spaced drilling pattern and allows for up to 24 wells per 640 acres. This tighter spacing provides Synergy with a potential inventory of over 1,000 wells on its 27,386 net acres in the Wattenberg. Horizontal drilling operations and completions are progressing according to plan. The four Kelly Farms wells are now in early production. The six Eberle wells, which include two mid reach 7,000 foot extended lateral wells with 45-47 frac stages each, are in the final completion stage and are flowing back or in initial production. Synergy's Wattenberg Field development continues with Rig #131 drilling the third well on the Kiehn pad where the company plans on a total of eight wells comprised of 4 Codell and 4 Niobrara C bench wells. Rig #134 is drilling the third well on the Weld 152 pad where the company plans on drilling six wells comprised of 3 Codell, 2 Niobrara B bench and 1 Niobrara C bench well. The third rig in Synergy's operated program, Rig #138, is scheduled to move to the Wiedeman pad later this month and begin drilling eight wells in September. The Wiedeman pad will consist of 4 Codell and 4 Niobrara wells. Four of the Wiedeman wells are planned to be 9,000 foot extended reach lateral wells and the other four will be standard length lateral wells of 4,000 feet. Depending on contribution from its non-operated horizontal wells and the performance of the Kelly Farms and Eberle wells, Synergy believes production for its fiscal fourth quarter ending August 31, 2014 will range between 5,800-6,200 BOED. With this new flush production coming on line from the Kelly Farms and Eberle pads, Synergy believes it will exit its fiscal year end at a production rate of between 8,000-9,500 BOED.
August 14, 2014
17:41 EDTWFTPoint72 Asset Management gives quarterly update on stakes
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17:27 EDTWFTAppaloosa gives quarterly update on stakes
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15:34 EDTEXXIEnergy XXI announces resignation of COO
Benjamin Marchive notified the board of Energy XXI Limited, an exempted company under the laws of Bermuda, of his resignation as COO of Energy XXI, as well as from all other positions currently held as officer, director, trustee or any position with subsidiaries or affiliates of Energy XXI, effective October 1. Marchive indicated that his decision to retire was not a result of any disagreement with Energy XXI on any matter relating to its operations, policies or practices.
15:11 EDTBASBasic Energy management to meet with SunTrust
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14:13 EDTEXXIOmega Advisors gives quarterly update on stakes
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12:46 EDTEXXIHayman Capital gives quarterly update on stakes
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08:47 EDTMILLMiller Energy acquires Anchor Point Energy
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07:50 EDTGDPGoodrich Petroleum management to meet with SunTrust
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