Archive for 'Ultra Petroleum'

Ultra Petroleum Gets 67% Debtholders to Agree to Bankruptcy Plan

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Ultra Petroleum Trying to Force Debtholders to Deal re Bankruptcy

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List of 85 Bankrupt O&G Companies Since 2015; 4 in Marc/Utica

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Update on Ultra Petroleum Bankruptcy

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Ultra Petroleum (with 184K Marcellus Acres) Files for Bankruptcy

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Ultra Petroleum Threatened with NYSE De-listing

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After Selling 208K Marcellus Acres, Shell “Buys” 155K More Acres!

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Rogue Obama EPA Goes on Methane Witch Hunt

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Who’s a Member of the Marcellus “1 Bcf/d” Club?

At the end of an article about EQT, Seeking Alpha blogger and energy analyst Richard Zeits includes a short list of companies who either already belong, or soon will join, the “1 billion cubic feet per day club” of Marcellus Shale gas production. So far only one driller has achieved 1 Bcf/d of Marcellus production […]

Ultra Petroleum Marcellus Production in PA Jumps 321%

Ultra Petroleum, an independent energy company headquartered in Houston, TX, reports a major ramp-up in Marcellus Shale gas drilling and production for the second quarter of 2011. Ultra says their Marcellus net production increased 321 percent over the second quarter of 2010. Since Ultra started drilling in the Marcellus Shale in 2009, they have drilled […]

Anti-Drilling Group PennFuture Sues Ultra Resources Claiming Air Pollution from Gas Wells, Compressor Stations and Pipelines

Anti-drilling group PennFuture is suing driller Ultra Resources claiming they are causing air pollution from almost all of their operations. A copy of the lawsuit filed in U.S. District Court for the Middle District of Pennsylvania is embedded below.

Ultra Petroleum Continues Rapid Growth in Marcellus Shale Gas Drilling – Tioga PA Well Output 2x Initial Estimates

Ultra Petroleum’s growth continues to be double-digit, largely because of it’s Marcellus Shale gas drilling operations. From Ultra’s recent press release on first quarter activity we get the following Marcellus operational update:

What We Learn from Financial Statements About Future Plans for Drilling in the Marcellus Shale

Reading financial statements by corporations is about as fun as watching paint dry—but hey, someone has to do it. We do learn important tidbits of news from drilling companies about their recent activities, and more importantly, what they are planning for the coming year. Henceforth, a few gleanings from some recent financial statements.

Group of Investment Managers Target Drilling Companies Who Use Hydraulic Fracturing

A group of investment managers who belong to an organization called The Investor Environmental Health Network have banded together (some might call it collusion) to put pressure on energy companies who engage in natural gas drilling by using hydraulic fracturing. Their aim? To stop fracking of course, but that’s not what they say in their […]

Ultra Petroleum Expands Marcellus Leases to 486,000 Acres and 110 Active Wells in 2010

Ultra Petroleum News Release (Feb 12) Ultra Petroleum Reports Strong Financial and Operating Results and Record Production for 2009 A portion of the release relating to its operations in the Marcellus in PA is extracted below: During 2009, Ultra drilled 37 gross (22.5 net) wells in Pennsylvania. The company’s first production in the Marcellus program […]

 

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