Companies Throughout the Midcontinent Gather in Oklahoma City to Explore Cost-Saving Solutions and New Opportunities
In search of efficiency-focused strategies and technologies and opportunities in emerging plays like the STACK and SCOOP, hundreds of industry professionals packed the 2016 DUG Midcontinent conference and exhibition in Oklahoma City, OK, October 26-28. Conference attendees heard from 25+ executive-level speakers in the event's targeted conference sessions and in the all-new Technology Showcase. And 60+ exhibitors gave hands-on demonstrations of solutions helping producers cut costs and maximize output.
The speaker lineup featured leaders from the Midcontinent's most active E&Ps, including public and private producers like Continental Resources, Devon Energy, Marathon Oil, Chesapeake Energy, Jones Energy, Gastar Exploration, Alta Mesa Holdings, FourPoint Energy, and Cimarex Energy.
Conference sessions explored activity throughout the region’s rapidly burgeoning oil and gas plays. Attendees also heard the latest commodity price forecasts from top analysts and learned about the latest A&D activity.
The event's new Technology Showcase brought the latest solutions to the exhibit floor with case studies and live demonstrations from leading companies like TETRA Technologies, Veolia, NOV, and Baker Hughes.
Mark your calendars – DUG Midcontinent will return to the Cox Convention Center in Oklahoma City September 19-21, 2017.
President and Chief Operating Officer Continental Resources Inc.
Chief Geologist Cimarex Energy Co.
Senior Vice President, Production and Resource Development Continental Resources Inc.
Chief Operating Officer Devon Energy
President, CEO and Director Gastar Exploration
Halliburton Warns Of First-Quarter Profit Miss As Costs Rise Halliburton Co. (NYSE: HAL) warned on March 24 that its first-quarter profit would likely miss analysts' expectations due to higher costs and weak demand in markets outside North America.Shares of the company, which forecast higher revenue from its U.S. land operations, were up about 1% in early trading on the New York Stock Exchange.The company expects its earnings per share to be in low-single digits in the quarter ending March, CEO David Lesar said on a conference call on March 24.
Pengrowth Continues Noncore Sales With Montney Divestment Pengrowth Energy Corp. (NYSE: PGH) is selling its non-producing Montney lands at Bernadet in Northeast British Columbia for C$92 million (US$68.8 million )in cash, the Calgary, Alberta-based company said March 23.The company entered an agreement with an undisclosed company for the sale of 100% working interest of the Bernadet asset. The land has no associated production, cash flow and neither reserves or resources assigned to it in Pengrowth's year-end 2016 reserves report.The sale follows Pengrowth's divestment of noncore assets in the Swan Hills area in north-central Alberta for C$180 million on March 20.