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Stock Market & Financial Investment News

News Breaks
January 10, 2013
08:50 EDTMILLMiller Energy announces reduction in oil transportation expenses
Miller Energy announced that the rate it pays to move crude oil on to market on the Cook Inlet Pipeline system will be lowered from $6.17 per barrel to $3.21 per barrel beginning January. While Millerís wholly-owned Alaskan subsidiary, Cook Inlet Energy plans to significantly increase throughput through the CIPL system in 2013 as a result of its ongoing drilling program, this tariff reduction would result in savings in excess of $1M even if the companyís production remained flat through 2013.
News For MILL From The Last 14 Days
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August 29, 2014
17:23 EDTMILLDavid Voyticky reports 5.2% passive stake in Miller Energy
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August 28, 2014
08:05 EDTMILLMiller Energy hires independent marketing firm for Tennessee assets divesture
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August 21, 2014
08:17 EDTMILLMiller Energy receives $31.2M tax credit certificate
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August 20, 2014
08:21 EDTMILLMiller Energy increases total proved reserves from $361M to $448M
Miller Energy announced a substantial increase in the estimated value of its reserves located in the Cook Inlet area of Alaska in a recently issued reserve report commissioned by the company. Total proved PV-10 increased from $360.9M at April 30 to $447.6M at July 31. Miller CEO Scott M. Boruff stated, "This increase demonstrates reserve growth in our Alaskan assets, including Redoubt, West McArthur River and North Fork. As we prove up additional fault blocks at Redoubt and begin drilling out our promising Sabre prospect, we expect further meaningful additions to our reserves, as well as strong increases in production."
August 19, 2014
15:54 EDTMILLEnerCom to hold a conference
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