Dec 15, 2017 - Rosehill closes previously announced $78M acquisition of 4,565 net Southern Delaware basin acres with potential of 160 gross locations.Rosehill raised $250M of expensive financing to fund the transact
Dec 14, 2017 - Link between rig count growth and investor optimism and higher stock prices broken.Total America oil rigs now at 751, up 43% in 2017 with strong growth from several basins.Permian basin rig count grow
Dec 12, 2017 - Forties Pipeline System shutdown cuts off 450,000 barrels per day of North Sea supply, 85 offshore platforms to shutdown.Repairs expected to take weeks, disruption expected to drive UK oil supply to m
Dec 11, 2017 - Resolute management completes transition of the company to a Permian pure play shale producer.Resolute management will seek board approval to a massive cash burn in 2018; running a $375-400 million ca
Dec 11, 2017 - Our fourteen-stock Permian Basin Shale Oil Pure Play Stock Universe declined 4.07% on average for the week.OPEC decision to extend production cuts for additional nine months last week, provided little
Nov 22, 2017 - The number of Drilled But Uncompleted (DUC) wells in the Permian has surged over 114% the past 12 months.Permian DUC wells now total a record 2,533 wells at the end of October (34.5% of the 7,342 tota
Nov 15, 2017 - San Antonio-based oil company Lilis Energy has yet to realize a profit on millions of dollars in investments made in the Permian Basin.
In a late Tuesday afternoon filing with the U.S. Securities and Exchange Commission, Lilis Energy Inc. (NYSE American: LLEX) reported a $6.2 million dollar loss on nearly $5.4 million of revenue during the third quarter. Despite the loss, the figures mark an improvement over the $8.5 million loss on $1.2 million of revenue in third quarter 2016.
Nov 09, 2017 - Lilis Energy (LLEX) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Oct 29, 2017 - Four new breakout stocks for Week 44 with better than 10% short-term upside potential. Last week LPTH, CDTX, and VDSI gained more than 10% intra-week with LPTH up +27.12% for the week. Now up to 29 we
Oct 04, 2017 -