Synergy Resources, a U.S. oil and gas exploration and production company focused on the Denver-Julesburg Basin, reported its fiscal fourth quarter and year end results for the period ended August 31, 2013. Fiscal Fourth Quarter and Year 2013 Financial Highlights as Compared to the Same Year Ago Periods
Synergy Resources, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin, will hold a conference call on Tuesday, November 5th at 11a.m. Eastern time to discuss results for its fiscal year ended August 31, 2013. The company plans to issue its earnings press release prior to the call. Synergy Resources President and CEO Ed Holloway, Executive Vice President William Scaff, Jr., CFO [...]
Synergy Resources a U.S. oil and gas exploration and production company with operations focused in the D-J Basin, provides initial production results for five wells on its Renfroe pad in the Wattenberg Field. The first four wells were placed into production while flowing up 7 inch casing. Final completion was achieved with the installation of production tubing on all five wells. The fifth well on this pad, the Renfroe [...]
On September 16 2013, Synergy Resources entered into a Purchase and Sale Agreement with a private oil company for assets in the Wattenberg Field that include 21 producing oil and gas wells and leases covering 800 net acres. The purchase price for the assets will be $20.5 million, comprised of $17.8 million cash and $2.7 million in Synergy's common stock. The Agreement will have an effective date of July 1, 2013. Closing [...]
Synergy Resources is providing an update as to the status of its operations in light of the flooding in Northern Colorado. Craig Rasmuson, VP of Operations, reported, "Our initial assessment reveals that only a small number of our existing vertical wells will be offline for an indeterminate amount of time until the well locations are fully accessible. The vast majority of our existing production is unaffected [...]
Synergy Resources, a U.S. oil and gas exploration and production company with operations focused in the D-J Basin, announces that it has completed five horizontal wells on its Renfroe pad in the Wattenberg Field. Craig Rasmuson, VP of Operations for Synergy, commented, "Four of the five wells on the Renfroe pad are in the early stages of flow back and are hooked up to production facilities. The fifth well is in final [...]
On August 27, 2013 Synergy Resources entered into a Purchase and Sale Agreement with an unnamed private party. Under the Agreement, Synergy will purchase 38 wells with a 27.5% working interest and 22% net revenue interest in 3,639 gross acres, 1,006 net acres of which 902 acres are located in the core of the Wattenberg Field. Synergy will be the operator of these wells. Other assets being acquired under the Agreement [...]
Synergy announced that it has amended its Turnkey Drilling Contract with Ensign United States Drilling (Ensign) for a total of 25 horizontal wells to be drilled in the Wattenberg Field. William Scaff, Executive Vice President, of Synergy, commented, "We are pleased to continue our horizontal drilling program in the Wattenberg Field with Ensign as our drilling partner. Ensign Rig #17 is currently drilling the Renfroe [...]
Synergy Resources, a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin announces its annual meeting date. Synergy Resources Corporation's annual meeting will be held on Tuesday, August 20, 2013 at 10:00AM MDT at the Embassy Suites Loveland - Hotel, Spa & Conference Center located at 4705 Clydesdale Parkway. Loveland, CO 80538.
Synergy Resources, a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, reported its fiscal third quarter results for the period ended May 31, 2013.
Synergy Resources, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin, will hold a conference call on Wednesday, July 10, 2013 at 12:00 p.m. Eastern time to discuss results for its fiscal third quarter ended May 31, 2013. The company plans to issue its earnings press release prior to the call.
Synergy announced today that it has completed the sale of 11,500,000 shares of its common stock and that the underwriters have exercised their over-allotment option of an additional 1,725,000 shares of the Company's common stock in full. All shares of common stock were sold to the public at an offering price of $6.25 per share. The resulting net proceeds to the Company, after deducting underwriting discounts, commissions [...]