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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:56 EDTSYRGSynergy Resources initiated with a Buy at Canaccord
Target $8.
News For SYRG From The Last 14 Days
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February 24, 2015
12:22 EDTSYRGOn The Fly: Analyst Initiation Summary
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07:50 EDTSYRGSynergy Resources initiated with an Overweight at Stephens
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February 19, 2015
07:31 EDTSYRGEnerCom to hold a conference
The Oil & Services Conference (TOSC) 2015 is being held in San Francisco on February 18-19 with webcasted company presentations to begin on February 19 at 11 am; not all company presentations may be webcasted. Webcast Link
February 18, 2015
07:38 EDTSYRGSynergy Resources provides operations update
Synergy is finalizing the completion schedule for its 29 wells previously drilled, commencing mid- to late-March with the 13 wells on the Kiehn/Weis Pad. These wells are on the western flank of the Wattenberg Field where gathering line pressures have been lower and midstream-processing capacity has been more conducive to efficient well production than in the northern section of the field. Synergy plans to begin the completion of the 8 Geis and 8 Weideman wells in May and bring the wells into production by mid-June and late-July, respectively. The Wiedeman pad includes 4 Extended Reach Lateral wells which will take longer to complete. The Company expects the Geis and Weideman wells will be brought into production after midstream processing capacity in the area is enhanced with the startup of the Lucerne II plant in May. Synergy is utilizing sliding sleeve completion designs on 19 of the aforementioned wells, and will use plug and perf completions for the remaining 10 wells. Of the 10 plug and perf designs, 4 will be utilized on the Extended Reach Lateral, or ERL, wells located on the Wiedeman pad. The 29 wells are comprised of 19 Niobrara wells, including a well targeting the Niobrara A bench, and 10 Codell wells. Drilling on the 11 well Cannon Pad is progressing as planned. The drilling plan comprises 6 Codell wells and 5 Niobrara wells. The completion plan contemplates utilizing sliding sleeves in all the wells. A batch drilling process is being utilized and surface casing has been set on all eleven wells. The rig is currently drilling the lateral section on the third well. Synergy plans to finish drilling the Cannon wells by late May and begin the completion phase in June. Synergy feels that if all 40 wells are on line before its fiscal year end at August 31, its production exit rate could exceed 13,000 BOED, as previously guided.
07:36 EDTSYRGSynergy Resources announces increased position in NE Wattenberg Extension Area
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