Topic Intelligence
Articles and insights tagged Oil on FAQSIR.
EON Resources said Q1 2026 operating revenue before derivative adjustments rose to $4.22 million, while its first two San Andres horizontal wells entered initial flowback operations.
Southern Energy Corp. has reported preliminary flow-test results from the Terrible Creek 21-2 #2 Cotton Valley well at Williamsburg, with further development plans still subject to testing, approvals and capital allocation.
First Helium has agreed to acquire selected shallow heavy oil assets in Alberta’s Worsley area, with closing conditional on regulatory approvals, financing, licence transfers and security requirements.
ROK Resources expects to expand its 2026 drilling program to 12 gross (10.9 net) wells after selling two non-core assets and has approved a conditional return of capital of $0.03 per common share.
Barnwell Industries has issued additional information about its proposed sale of its Canadian oil and natural gas business, including the retained royalty, operating arrangements and requirements for completion.
EON Resources filed its first-quarter 2026 Form 10-Q and reported progress on San Andres drilling, including commercial oil output from three vertical tests and a plugged horizontal well after a shallow water zone was encountered.
Patterson-UTI Energy reported its September 2026 U.S. drilling activity, including an average of 103 operating rigs during the month.
Valeura Energy reported Q3 2026 production of 22.1 mbbls/d, revenue of US$196.1 million and cash of US$384.9 million, while providing updates on its Thailand assets.
Barnwell Industries has entered into a definitive agreement to sell its Canadian oil and natural gas business to an Alberta corporation. The proposed transaction includes C$4 million in cash and a 5% gross overriding royalty valued at C$5 million.