Ultra Petroleum Corp.

Ultra Petroleum Corp. announces financial and operating results for the quarter and year ended December 31, 2019. The Company is also reporting proved reserves as of year-end December 31, 2019 and as of March 31, 2020. Highlights: Fourth quarter and full-year 2019 production were within guidance at 55.4 billion cubic feet equivalent and 240.2 Bcfe, respectively, During 2019, Ultra turned online 71 gross operated vertical [...]

Ultra Petroleum Corp. announces its borrowing base redetermination, fourth quarter 2019 production, and guidance for production and capital in 2020. Sixth Amendment to Credit Facility and April 1, 2020 Borrowing Base Determination On February 14, 2020, Ultra Resources, Inc. a wholly owned subsidiary of Ultra entered into the Sixth Amendment to Credit Agreement . Pursuant to the Sixth Amendment and the spring borrowing [...]

Oil and Gas Company Cuts Costs by 50% and Takes Back Control of Its IT With Datrium's Disaster Recovery and Backup Solutions Datrium, pioneer of the secure multicloud data platform for the resilient enterprise, today announced that Ultra Petroleum, a Wyoming-based oil and gas producer, has selected Datrium to combat ransomware and recover from disasters with Datrium DRaaS . After several iterations of backup and disaster [...]

Ultra Petroleum Corp. announces financial and operating results for the quarter ended September 30, 2019. Financial and Operating Highlights: Third quarter production was 60.2 billion cubic feet equivalent or 654 MMcfe per day, at the top end of guidance, The Company brought 18 gross operated vertical wells online at an average 24-hour initial production rates of 5.8 million cubic feet equivalent per day , Third quarter [...]

Ultra Petroleum Corp. announces the timing for its third quarter earnings call. The Company will host a conference call November 7, 2019, at 10:00 a.m. Mountain Time to discuss the Company’s third quarter 2019 results. There will be prepared remarks from the Company’s management, followed by a question and answer session. Investors and analysts are invited to participate in the call by dialing 877-371-5742, or [...]

Ultra Petroleum Corp. announces that it has received unanimous approval from the lenders for its revolving credit facility and entered into an amendment that, among other items, removes the financial maintenance covenants from the Credit Facility. This amendment provides flexibility for the Company to suspend drilling in the Pinedale field while natural gas pricing remains near multi-year lows and preserve its highest [...]

Ultra Petroleum Corp. announces financial and operating results for the quarter ended June 30, 2019. Financial and Operating Highlights: Second quarter production was 62.5 billion cubic feet equivalent, above guidance, The Company brought 26 gross operated vertical wells online with average 24-hour initial production rates of 6.3 Million cubic feet equivalent per day, Second quarter vertical well cost averaged $3.2 [...]

 OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Ultra Petroleum Corp. , an independent exploration and production company with natural gas reserves in southwest Wyoming, has qualified to trade on the OTCQX® Best Market. Ultra Petroleum Corp. begins trading today on OTCQX under the symbol "UPLC."  U.S. investors can find current financial disclosure and [...]

Ultra Petroleum Corp. today announced that The Nasdaq Stock Market has initiated proceedings to delist the Company’s common stock, effective August 8, 2019, as a result of the Company not regaining compliance with the $1.00 per share minimum bid price requirement for continued inclusion on Nasdaq based on Listing Rule 5550. The Company expects that its common stock will begin to trade on OTCQX beginning August 8 [...]

Ultra Petroleum Corp. announces the timing for its Second quarter earnings call. The Company will host a conference call Friday, August 9, 2019, at 10 a.m. Mountain Time to discuss the Company’s second quarter 2019 results. There will be prepared remarks from the Company’s management, followed by a question and answer session. Investors and analysts are invited to participate in the call by dialing [...]