Ultra Petroleum Corp.

Ultra Petroleum announces: First quarter average production of 803 MMcfe/d exceeded the mid-point of guidance for the quarter, Borrowing base unanimously reaffirmed at $1.4 billion by the Company’s bank group, Revolving credit agreement amendment unanimously approved to provide leverage covenant relief to 4.50 times, and First quarter 2018 earnings conference call will be held May 10, 2018. First Quarter 2018 [...]

Ultra Petroleum announces the following updates: 2018 Full-Year Cash Costs & EBITDA Guidance 2018 Plan: Horizontal Production Profile 2018 Initial Look vs. 2018 Guidance Pinedale Horizontal Program Update The Company's Warbonnet 9-23 A-2H well achieved a 24-hour initial production rate of 54.5 million cubic feet equivalent per day on March 3, 2018. The WB 9-23 A-2H is the Company's second two-mile horizontal well [...]

Houston, TX, Feb. 28, 2018 -- Ultra Petroleum Corp. announces the following Webcast to discuss its fourth quarter 2017 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2017 Results Webcast When: February 28, 2018 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer, skraemer@ultrapetroleum.com [...]

HOUSTON, Feb. 28, 2018 -- Ultra Petroleum Corp. announces financial and operating results for the quarter and year ended December 31, 2017. Financial and Operating Highlights: Fourth quarter production of 74.5 Bcfe increased 5% compared to third quarter 2017, meeting mid-point of guidance adjusting for Pennsylvania asset sale, Drilled second successful horizontal well in the Lower Lance A: Flowing at 45 MMcfe/d and [...]

Company Reaches Cooperation Agreement with Fir Tree Partners to Add Two New Directors Provides Update on Horizontal Well Program in Pinedale, Increased Hedge Positions and Reaffirms Fourth Quarter 2017 Production Guidance HOUSTON, Jan. 30, 2018 -- Ultra Petroleum Corp. today announced that, after leading the Company for 19 years, Chairman and CEO Michael D. Watford will be retiring from his role at the Company, effective [...]

Houston, Jan. 29, 2018 -- January 29, 2018 – Ultra Petroleum Corp. announces the following Webcast to discuss its fourth quarter 2017 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2017 Results Webcast When: February 28, 2018 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer [...]

HOUSTON, Dec. 21, 2017 -- Ultra Petroleum Corp. today announced that it has reached a definitive agreement and closed on the sale to divest the Company’s non-operated asset in the Marcellus Shale to Alta Marcellus Development, LLC for a purchase price of $115 million in cash. The divested assets include current net production of 30 million cubic feet per day, which contributed PDP PV-10 of $79 million to the bank [...]

HOUSTON, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (NASDAQ:UPL) announces the following updates: Pinedale Horizontal Program Update Last week, the Company announced a test rate of 21 million cubic feet equivalent per day (MMcfe/d) for its two-mile horizontal well targeting the Lower Lance A interval. Yesterday, this well achieved a 24-hour test rate of 42 MMcfe/d. Flow-back parameters include a gas rate of [...]

HOUSTON, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (NASDAQ:UPL) announces financial and operating results for the third quarter of 2017. Third Quarter 2017 Financial and Operating Highlights: Production grew 6% compared to second quarter 2017, with oil and natural gas volumes of 71.1 Bcfe, Successfully drilled and completed a 2-mile horizontal well on the east flank of Pinedale. Currently flowing at 21 [...]

Houston, TX, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp.. (NASDAQ: UPL) announces the following Webcast to discuss its third quarter 2017 financial and operating results: What: Ultra Petroleum Corp. Third Quarter 2017 Results Webcast When: November 7, 2017 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer [...]