natural gas hedges

3 news results for the tag: natural gas hedges.

Goodrich Petroleum Directors Buy on Pullback

September 30th, 2006

After shares of Goodrich Petroleum Corp. pulled back from a multi-year high, two directors at the oil & gas exploration outfit bought stock.
Director Josiah Austin purchased 10K shares at $27.29 on September 20th and 6K shares at $26.46 on September 25th, increasing his holdings to approximately 5.655M shares, or about a 22.7% stake. Meanwhile, Director [...]

Goodrich Petroleum Gets Credit Boost

September 1st, 2006

Goodrich Petroleum Corp., an oil and gas explorer and producer, said Thursday its bank group approved a boost in its credit facilities to help fund its drilling program in the Cotton Valley trend in Texas.
The company said its bank group approved a $45 million increase in the borrowing base to $150 million, effective immediately. Goodrich [...]

Provident Energy to Acquire Alberta Asset Package for $476 Million High Quality Assets Strengthen Canadian Oil and Gas Production Business

July 12th, 2006

Provident Energy Trust (Provident)(TSX:PVE.UN - News; NYSE:PVX - News) today announced that it has agreed to acquire a package of natural gas producing assets in the Rainbow and Peace River Arch areas of northwestern Alberta (the “Rainbow Assets”) for a total estimated purchase price of $475.9 million after adjustments. Current production from the Rainbow Assets [...]