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Stock Market & Financial Investment News

News Breaks
February 14, 2013
17:51 EDTPXD, GDPBP Capital reports decreased stakes in Pioneer Natural, Goodrich Petroleum
News For PXD;GDP From The Last 14 Days
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May 21, 2013
16:20 EDTPXDPioneer Natural reports 1,572 BOEPD at Mabee K #1H well
Pioneer Natural Resources announced that it has placed on production the company's first horizontal Wolfcamp Shale well in Martin County, Texas. The Mabee K #1H well had an initial 24-hour peak natural flow rate of 1,572 barrels oil equivalent per day, or BOEPD, with 77% oil content. The well was completed in the Wolfcamp B interval utilizing a 27-stage hybrid fracture stimulation over the well's perforated lateral length of 6,671 feet. The initial 24-hour peak natural flow rate for the Mabee K #1H well compares very favorably with the initial 24-hour peak natural flow rate for the DL Hutt C #1H well, Pioneer's first horizontal Wolfcamp Shale B interval well in Midland County, Texas. The DL Hutt C #1H well had an initial 24-hour peak natural flow rate of 1,693 BOEPD with 75% oil content. This well utilized a 30-stage hybrid fracture stimulation over the well's longer perforated lateral length of 7,380 feet. When normalizing the lateral length of the Mabee K #1H well to the longer lateral length of the DL Hutt C #1H well, the comparable 24-hour peak natural flow rate for the Mabee K #1H well would have been higher than the DL Hutt C #1H well at 1,739 BOEPD. The Mabee K #1H well is located approximately 30 miles north of the DL Hutt C #1H well and 50 miles north of Pioneer's first two horizontal Wolfcamp Shale B interval wells in the Giddings area in Upton County.
May 15, 2013
17:36 EDTPXDPaulson gives quarterly update on stakes
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17:18 EDTGDP, PXDBP Capital gives quarterly update on stakes
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07:35 EDTPXDCredit Suisse to host a symposium
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