The founder and CEO of Extraction Oil & Gas Inc., one of the most active explorers in Colorado, said he is stepping aside temporarily to recover from cancer.
Articles from Extraction
Colorado’s Oil and Gas Conservation Commission (OGCC) voted 5-1 last week to grant Extraction Oil & Gas Corp. a forced pooling exemption to move forward with a drilling project in the Denver-Julesburg (DJ) Basin outside of Denver.
Broomfield, CO, officials late Monday conditionally approved a 1,500-page comprehensive drilling plan (CDP) by Denver-based Extraction Oil & Gas Inc. for six well pads.
Denver-based Extraction Oil & Gas Inc. has found some midstream relief from added natural gas processing for production from the Wattenberg field in Colorado’s Denver-Julesburg (DJ) Basin.
Denver-based Extraction Oil & Gas Inc., whose exploration focus is trained in the Denver-Julesburg (DJ), is forecasting full-year 2018 net volumes to jump up to 76% year/year, averaging 87,000-93,00 boe/d, even with capital spending slightly below 2017.
With both a successful initial public offering (IPO) and a favorable regulatory decision in its rearview mirror, Denver-based Extraction Oil & Gas LLC said Tuesday it expects average production this year to grow by about 17% at the midpoint compared with 2016.
Extraction Oil & Gas Inc. said it has agreed to sell more than 25 million shares of its common stock in a private placement for $457 million in gross proceeds, which it will use to replenish its coffers after closing on two separate deals to acquire acreage in the Denver-Julesburg (DJ) Basin in Colorado for $177 million.
Denver-based Extraction Oil & Gas LLC, the first U.S. exploration and production company to go public in two years, climbed 15% in its debut on Nasdaq Wednesday after pricing above expectations.
The city council in Greeley, CO, located in oil and natural gas-rich Weld County, on Tuesday overturned its planning commission and approved a 22-well development by a 5-2 vote.