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August 4, 2014
17:15 EDTEXXIEnergy XXI sees Q4 production volumes ahead of guidance
During Q4, production averaged approximately 46,100 BOE/d, with oil production averaging nearly 32,000 Bbl/d, both of which are higher than the guidance provided at the time of the EPL acquisition. The quarter's volumes included a one-month contribution from the acquired assets, less approximately 2,000 BOE/d from the sale of the Eugene Island and South Marsh Island properties on April 1. During the company's Q4, eight wells were drilled, providing initial production uplift of approximately 4,150 BOE/d. The bulk of the uplift came online in June following the completion of rig moves and facility upgrades, contributing approximately 1,200 BOE/d to the quarter average. Four wells were drilled in the West Delta 30 field, three were drilled in Ship Shoal 208 and one was completed in Main Pass 61. For the full fiscal year ended June 30, 2014, 17 development wells were drilled and completed, including five wells completed on EPL properties in the quarter.
News For EXXI From The Last 14 Days
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October 5, 2015
18:56 EDTEXXIOn The Fly: After Hours Movers
HIGHER: Regulus Therapeutics (RGLS), up 8.7% after the company announced that it will present new preclinical data on RG-012 for kidney disease... Palatin Technologies (PTN), up 9.6% after director Robert deVeer Jr. buys 10,000 shares of common stock... Arena Pharmaceuticals (ARNA), up 4.7% after CEO Jack Lief announced his retirement and Harry Hixson was named interim CEO... DuPont (DD), up 5.9% after CEO and chair Ellen Kullman retires... Ruckus Wireless (RKUS), up 4.9% after joining the S&P 600... Starz (STRZA), up 10.1% after the LA Times reports that Lionsgate (LGF) is in advanced talks to merge with Starz. DOWN AFTER EARNINGS: Container Store (TCS), down 10.4%. ALSO LOWER: Sarepta Therapeutics (SRPT), down 3.8% after filing to sell $125M of common stock... Haemonetics (HAE), down 12.2% after lowering its fiscal 2016 outlook... Energy XXI (EXXI), down 8.3% after filing a $500M mixed securities shelf... Mallinckrodt (MNK), down 1.6% after announcing that it will provide a business update and financial guidance for the fiscal year ending September 30, 2016, on an investor call on October 6.
16:57 EDTEXXIEnergy XXI files $500M mixed securities shelf
September 29, 2015
17:40 EDTEXXIEnergy XXI suspends development drilling program at West Delta 73
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17:38 EDTEXXIEnergy XXI sees Q1 production average 58,300 BOE/d, 71% oil
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17:38 EDTEXXIEnergy XXI sees FY16 oil and NGLs production 35K-40K Bbls
Sees FY16 net production of 54K-59K BOE/d, 66% oil.
17:36 EDTEXXIEnergy XXI reports Q4 EPS ($17.92), may not compare to consensus ($1.22)
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