State College, PA, United States
State College, PA, United States

Rex Energy Corporation NASDAQ: REXX is an independent energy company engaged in the acquisition, production, exploration and development of oil and gas, with properties concentrated in the Appalachian, Illinois, and Permian regions. The Company pursues a balanced growth strategy of exploiting its sizeable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties. Wikipedia.


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News Article | May 9, 2017
Site: globenewswire.com

STATE COLLEGE, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced its first quarter 2017 financial and operational results. Operating revenue from continuing operations for the three months ended March 31, 2017 was $52.1 million, which represents an increase of 103% as compared to the same period in 2016. Commodity revenues, including settlements from derivatives, were $48.6 million, an increase of 25% as compared to the same period in 2016. Commodity revenues from natural gas liquids (NGLs) and condensate, including settlements from derivatives, represented 38% of total commodity revenues for the three months ended March 31, 2017. Lease operating expense (LOE) from continuing operations was $28.9 million, or $1.85 per Mcfe for the quarter, a 30% increase as compared to the first quarter of 2016. The increase on a per unit basis is related to the commencement of the company’s Gulf Coast transport. The increase in transportation cost was offset by a decrease in natural gas basis differentials. General and administrative expenses from continuing operations were $4.5 million for the first quarter of 2017, a 14% decrease as compared to the same period in 2016. Cash general and administrative expenses from continuing operations, a non-GAAP measure, were $4.5 million, or $0.29 per Mcfe for the quarter, a 9% decrease on a per unit basis as compared to the same period in 2016. Net income attributable to common shareholders for the three months ended March 31, 2017 was $2.1 million, or $0.02 per basic share. Adjusted net loss, a non-GAAP measure, for the three months ended March 31, 2017 was $5.5 million, or $0.06 per share. EBITDAX from continuing operations, a non-GAAP measure, was $15.6 million for the first quarter of 2017, an 84% increase as compared to the first quarter of 2016 and an 18% increase compared to the fourth quarter of 2016. Reconciliations of adjusted net income (loss) to GAAP net income, EBITDAX to GAAP net income and G&A to cash G&A for the three months ended March 31, 2017, as well as a discussion of the uses of each measure, are presented in the appendix of this release. First quarter 2017 production volumes from continuing operations were 173.4 MMcfe/d, consisting of 110.1 MMcf/d of natural gas, 4.7 Mbbls/d of C3+ NGLs, 5.0 Mbbls/d of ethane and 0.8 Mbbls/d of condensate. NGLs (including ethane) and condensate accounted for 36% of net production for the first quarter of 2017. Including the effects of cash-settled derivatives, realized prices for the three months ended March 31, 2017 were $3.04 per Mcf for natural gas, $25.19 per barrel for C3+ NGLs, $9.72 per barrel for ethane and $46.14 per barrel for condensate. Before the effects of hedging, realized prices for the three months ended March 31, 2017 were $3.16 per Mcf for natural gas, $30.84 per barrel for C3+ NGLs, $9.48 per barrel for ethane and $46.07 per barrel for condensate. For the first quarter of 2017, net operational capital investments were approximately $25.5 million. The company expects to be reimbursed by joint development partners for approximately $11.0 million of previously incurred costs that were not billed until the second quarter of 2017. Capital investments in the first quarter of 2017 funded the drilling of seven gross (3.3 net) wells, fracture stimulation of four gross (1.4 net) wells and other projects related to drilling and completing wells in the Appalachian Basin. The company has begun drilling the last of four wells on the Wilson pad. The four wells are expected to have an average lateral length of approximately 9,300 feet and are expected to be placed into sales in the third quarter of 2017. The four-well Wilson pad is adjacent to the two-well Geyer pad, which was drilled to an average lateral length of approximately 4,200 feet and had an average 5-day sales rate per well of approximately 7.1 MMcfe/d. Following the drilling of the last well on the Wilson pad, the drilling rig will return to Moraine East and begin drilling the two-well Frye pad, which is expected to have an average lateral length of approximately 5,400 feet. In the Moraine East Area, the company drilled seven gross (3.3 net) wells and completed four gross (1.4 net) wells during the first quarter of 2017. In addition, the company had 12 gross (5.5 net) wells awaiting completion at the end of the first quarter. The company has begun completing the six-well Shields pad and expects to place the six wells into sales in the third quarter of 2017. Following the completion of the Shields pad, the company will begin completing the four-well Mackrell pad, which was drilled to an average lateral length of approximately 7,600 feet. In the Warrior North Area, the company plans to drill 12 gross (10.2 net) wells during 2017, with the average lateral length of approximately 7,000 feet. The drilling and completion activity in Warrior North will begin in the second half of 2017 and the majority of the wells are expected to be placed into sales in the beginning of 2018. During the second quarter of 2017, Rex Energy closed on a new $300 million first lien delayed draw term loan with a lending group led by Angelo, Gordon and Co. Initial borrowings of approximately $144.0 million under the term loan were used to repay all outstanding loans and obligations under the company’s previous senior secured credit facility, pay fees and expenses associated with the term loan, and place approximately $19.3 million of cash on the balance sheet. The new facility also includes approximately $46.5 million for outstanding undrawn letters of credit. Following the repayment of outstanding borrowings on the senior secured credit facility, the company has approximately $110.0 million of additional capacity under the term loan. In addition, the term loan permits, under certain circumstances, the issuance of up to an additional $100 million in secured first lien debt. Rex Energy is providing its guidance for the second quarter of 2017 and maintaining its guidance for full-year 2017 ($ in millions). The increase in lease operating expenses on a per unit basis is related to the company’s Gulf Coast transportation increasing from 100 MMcf/d to 130 MMcf/d in the second quarter of 2017. The increase on a per unit basis is partially offset by the improvement in natural gas basis differentials for the same period. The company expects natural gas basis differentials, including the effects of basis hedges, to be in the range of $0.25 - $0.35 off of NYMEX for the second quarter of 2017. In addition, the company expects the four-well Baird pad in Moraine East to be placed into sales on June 1, 2017. Management will host a live conference call and webcast on Wednesday, May 10, 2017 at 10:00 a.m. Eastern to review first quarter 2017 financial results and operational highlights. The telephone number to access the conference call is (866) 437-1772. Headquartered in State College, Pennsylvania, Rex Energy is an independent oil and gas exploration and production company with its core operations in the Appalachian Basin. The company’s strategy is to pursue its higher potential exploration drilling prospects while acquiring oil and natural gas properties complementary to its portfolio. Except for historical information, statements made in this release, including those relating to the timing and nature of development plans; drilling and completion schedules; anticipated fracture stimulation activities; expected dates for placement of wells into sales; and our financial guidance for second quarter and full year 2017 are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may contain words such as "expected", "expects", "scheduled", "planned", "plans", "anticipates" or similar words, and are based on management's experience and perception of historical trends, current conditions, and anticipated future developments, as well as other factors believed to be appropriate. We believe these statements and the assumptions and estimates contained in this release are reasonable based on information that is currently available to us. However, management's assumptions and the company's future performance are subject to a wide range of business risks and uncertainties, both known and unknown, and we cannot assure that the company can or will meet the goals, expectations, and projections included in this release. Any number of factors could cause our actual results to be materially different from those expressed or implied in our forward looking statements, including (without limitation): We undertake no obligation to publicly update or revise any forward-looking statements. Further information on the company's risks and uncertainties is available in our filings with the Securities and Exchange Commission and we strongly encourage investors to review those filings. “EBITDAX” means, for any period, the sum of net income for such period plus the following expenses, charges or income to the extent deducted from or added to net income in such period: interest, income taxes, DD&A, unrealized losses from financial derivatives, non-recurring gains and losses, exploration expenses and other similar non-cash charges, minus all non-cash income, including but not limited to, income from unrealized financial derivatives and gains on asset dispositions, added to net income. EBITDAX, as defined above, is used as a financial measure by our management team and by other users of its financial statements, such as our commercial bank lenders to analyze such things as: EBITDAX is not a calculation based on GAAP financial measures and should not be considered as an alternative to net income (loss) (the most directly comparable GAAP financial measure) in measuring our performance, nor should it be used as an exclusive measure of cash flows, because it does not consider the impact of working capital growth, capital expenditures, debt principal reductions, and other sources and uses of cash, which are disclosed in our consolidated statements of cash flows. We have reported EBITDAX because it is a financial measure used by our existing commercial lenders, and because this measure is commonly reported and widely used by investors as an indicator of a company’s operating performance and ability to incur and service debt. You should carefully consider the specific items included in our computations of EBITDAX. While we have disclosed EBITDAX to permit a more complete comparative analysis of our operating performance and debt servicing ability relative to other companies, you are cautioned that EBITDAX as reported by us may not be comparable in all instances to EBITDAX as reported by other companies. EBITDAX amounts may not be fully available for management’s discretionary use, due to requirements to conserve funds for capital expenditures, debt service and other commitments. We believe that EBITDAX assists our lenders and investors in comparing our performance on a consistent basis without regard to certain expenses, which can vary significantly depending upon accounting methods. Because we may borrow money to finance our operations, interest expense is a necessary element of our costs. In addition, because we use capital assets, DD&A are also necessary elements of our costs. Finally, we are required to pay federal and state taxes, which are necessary elements of our costs. Therefore, any measures that exclude these elements have material limitations. To compensate for these limitations, we believe it is important to consider both net income determined under GAAP and EBITDAX to evaluate our performance. For purposes of consistency with current calculations, we have revised certain amounts relating to prior period EBITDAX. The following table presents a reconciliation of our net income to EBITDAX for each of the periods presented. “Adjusted Net Loss” means, for any period, the sum of net income (loss) from continuing operations before income taxes for the period plus the following expenses, charges or income, in each case, to the extent deducted from or added to net income in the period: unrealized losses from financial derivatives, non-cash compensation expense, dry hole expenses, disposals of assets, impairment and other one-time or non-recurring charges, minus all gains from unrealized financial derivatives, disposal of assets and deferred income tax benefits, added to net income. Adjusted Net Loss is used as a financial measure by Rex Energy's management team and by other users of its financial statements, to analyze its financial performance without regard to non-cash deferred taxes and non-cash unrealized losses or gains from oil and gas derivatives. Adjusted Net Loss is not a calculation based on GAAP financial measures and should not be considered as an alternative to net income (loss) in measuring the company's performance. Rex Energy reports Adjusted Net Loss because it believes that this measure is commonly reported and widely used by investors as an indicator of a company's operating performance. You should carefully consider the specific items included in the company's computation of this measure. You are cautioned that Adjusted Net Income as reported by Rex Energy may not be comparable in all instances to that reported by other companies. To compensate for these limitations, the company believes it is important to consider both net income determined under GAAP and Adjusted Net Income. The following table presents a reconciliation of Rex Energy’s net income from continuing operations to its adjusted net loss for each of the periods presented ($ in thousands): Cash General and Administrative Expenses (Cash G&A) is the difference between GAAP G&A and non-Cash G&A, which is primarily comprised of non-cash compensation expense. Rex Energy has reported Cash G&A because it believes that this measure is commonly reported and widely used by management and investors as an indicator of overhead efficiency without regard to non-cash expenditures, such as stock compensation. Cash G&A is not a calculation based on GAAP financial measures and should not be considered as an alternative to GAAP G&A in measuring the company’s performance. You should carefully consider the specific items included in the company’s computation of this measure. You are cautioned that Cash G&A as reported by Rex Energy may not be comparable in all instances to that reported by other companies. To compensate for these limitations, the company believes it is important to consider both Cash G&A and GAAP G&A. The following table presents a reconciliation of Rex Energy’s GAAP G&A to its Cash G&A for each of the periods presented (in thousands):


News Article | May 9, 2017
Site: globenewswire.com

STATE COLLEGE, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced its first quarter 2017 financial and operational results. Operating revenue from continuing operations for the three months ended March 31, 2017 was $52.1 million, which represents an increase of 103% as compared to the same period in 2016. Commodity revenues, including settlements from derivatives, were $48.6 million, an increase of 25% as compared to the same period in 2016. Commodity revenues from natural gas liquids (NGLs) and condensate, including settlements from derivatives, represented 38% of total commodity revenues for the three months ended March 31, 2017. Lease operating expense (LOE) from continuing operations was $28.9 million, or $1.85 per Mcfe for the quarter, a 30% increase as compared to the first quarter of 2016. The increase on a per unit basis is related to the commencement of the company’s Gulf Coast transport. The increase in transportation cost was offset by a decrease in natural gas basis differentials. General and administrative expenses from continuing operations were $4.5 million for the first quarter of 2017, a 14% decrease as compared to the same period in 2016. Cash general and administrative expenses from continuing operations, a non-GAAP measure, were $4.5 million, or $0.29 per Mcfe for the quarter, a 9% decrease on a per unit basis as compared to the same period in 2016. Net income attributable to common shareholders for the three months ended March 31, 2017 was $2.1 million, or $0.02 per basic share. Adjusted net loss, a non-GAAP measure, for the three months ended March 31, 2017 was $5.5 million, or $0.06 per share. EBITDAX from continuing operations, a non-GAAP measure, was $15.6 million for the first quarter of 2017, an 84% increase as compared to the first quarter of 2016 and an 18% increase compared to the fourth quarter of 2016. Reconciliations of adjusted net income (loss) to GAAP net income, EBITDAX to GAAP net income and G&A to cash G&A for the three months ended March 31, 2017, as well as a discussion of the uses of each measure, are presented in the appendix of this release. First quarter 2017 production volumes from continuing operations were 173.4 MMcfe/d, consisting of 110.1 MMcf/d of natural gas, 4.7 Mbbls/d of C3+ NGLs, 5.0 Mbbls/d of ethane and 0.8 Mbbls/d of condensate. NGLs (including ethane) and condensate accounted for 36% of net production for the first quarter of 2017. Including the effects of cash-settled derivatives, realized prices for the three months ended March 31, 2017 were $3.04 per Mcf for natural gas, $25.19 per barrel for C3+ NGLs, $9.72 per barrel for ethane and $46.14 per barrel for condensate. Before the effects of hedging, realized prices for the three months ended March 31, 2017 were $3.16 per Mcf for natural gas, $30.84 per barrel for C3+ NGLs, $9.48 per barrel for ethane and $46.07 per barrel for condensate. For the first quarter of 2017, net operational capital investments were approximately $25.5 million. The company expects to be reimbursed by joint development partners for approximately $11.0 million of previously incurred costs that were not billed until the second quarter of 2017. Capital investments in the first quarter of 2017 funded the drilling of seven gross (3.3 net) wells, fracture stimulation of four gross (1.4 net) wells and other projects related to drilling and completing wells in the Appalachian Basin. The company has begun drilling the last of four wells on the Wilson pad. The four wells are expected to have an average lateral length of approximately 9,300 feet and are expected to be placed into sales in the third quarter of 2017. The four-well Wilson pad is adjacent to the two-well Geyer pad, which was drilled to an average lateral length of approximately 4,200 feet and had an average 5-day sales rate per well of approximately 7.1 MMcfe/d. Following the drilling of the last well on the Wilson pad, the drilling rig will return to Moraine East and begin drilling the two-well Frye pad, which is expected to have an average lateral length of approximately 5,400 feet. In the Moraine East Area, the company drilled seven gross (3.3 net) wells and completed four gross (1.4 net) wells during the first quarter of 2017. In addition, the company had 12 gross (5.5 net) wells awaiting completion at the end of the first quarter. The company has begun completing the six-well Shields pad and expects to place the six wells into sales in the third quarter of 2017. Following the completion of the Shields pad, the company will begin completing the four-well Mackrell pad, which was drilled to an average lateral length of approximately 7,600 feet. In the Warrior North Area, the company plans to drill 12 gross (10.2 net) wells during 2017, with the average lateral length of approximately 7,000 feet. The drilling and completion activity in Warrior North will begin in the second half of 2017 and the majority of the wells are expected to be placed into sales in the beginning of 2018. During the second quarter of 2017, Rex Energy closed on a new $300 million first lien delayed draw term loan with a lending group led by Angelo, Gordon and Co. Initial borrowings of approximately $144.0 million under the term loan were used to repay all outstanding loans and obligations under the company’s previous senior secured credit facility, pay fees and expenses associated with the term loan, and place approximately $19.3 million of cash on the balance sheet. The new facility also includes approximately $46.5 million for outstanding undrawn letters of credit. Following the repayment of outstanding borrowings on the senior secured credit facility, the company has approximately $110.0 million of additional capacity under the term loan. In addition, the term loan permits, under certain circumstances, the issuance of up to an additional $100 million in secured first lien debt. Rex Energy is providing its guidance for the second quarter of 2017 and maintaining its guidance for full-year 2017 ($ in millions). The increase in lease operating expenses on a per unit basis is related to the company’s Gulf Coast transportation increasing from 100 MMcf/d to 130 MMcf/d in the second quarter of 2017. The increase on a per unit basis is partially offset by the improvement in natural gas basis differentials for the same period. The company expects natural gas basis differentials, including the effects of basis hedges, to be in the range of $0.25 - $0.35 off of NYMEX for the second quarter of 2017. In addition, the company expects the four-well Baird pad in Moraine East to be placed into sales on June 1, 2017. Management will host a live conference call and webcast on Wednesday, May 10, 2017 at 10:00 a.m. Eastern to review first quarter 2017 financial results and operational highlights. The telephone number to access the conference call is (866) 437-1772. Headquartered in State College, Pennsylvania, Rex Energy is an independent oil and gas exploration and production company with its core operations in the Appalachian Basin. The company’s strategy is to pursue its higher potential exploration drilling prospects while acquiring oil and natural gas properties complementary to its portfolio. Except for historical information, statements made in this release, including those relating to the timing and nature of development plans; drilling and completion schedules; anticipated fracture stimulation activities; expected dates for placement of wells into sales; and our financial guidance for second quarter and full year 2017 are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may contain words such as "expected", "expects", "scheduled", "planned", "plans", "anticipates" or similar words, and are based on management's experience and perception of historical trends, current conditions, and anticipated future developments, as well as other factors believed to be appropriate. We believe these statements and the assumptions and estimates contained in this release are reasonable based on information that is currently available to us. However, management's assumptions and the company's future performance are subject to a wide range of business risks and uncertainties, both known and unknown, and we cannot assure that the company can or will meet the goals, expectations, and projections included in this release. Any number of factors could cause our actual results to be materially different from those expressed or implied in our forward looking statements, including (without limitation): We undertake no obligation to publicly update or revise any forward-looking statements. Further information on the company's risks and uncertainties is available in our filings with the Securities and Exchange Commission and we strongly encourage investors to review those filings. “EBITDAX” means, for any period, the sum of net income for such period plus the following expenses, charges or income to the extent deducted from or added to net income in such period: interest, income taxes, DD&A, unrealized losses from financial derivatives, non-recurring gains and losses, exploration expenses and other similar non-cash charges, minus all non-cash income, including but not limited to, income from unrealized financial derivatives and gains on asset dispositions, added to net income. EBITDAX, as defined above, is used as a financial measure by our management team and by other users of its financial statements, such as our commercial bank lenders to analyze such things as: EBITDAX is not a calculation based on GAAP financial measures and should not be considered as an alternative to net income (loss) (the most directly comparable GAAP financial measure) in measuring our performance, nor should it be used as an exclusive measure of cash flows, because it does not consider the impact of working capital growth, capital expenditures, debt principal reductions, and other sources and uses of cash, which are disclosed in our consolidated statements of cash flows. We have reported EBITDAX because it is a financial measure used by our existing commercial lenders, and because this measure is commonly reported and widely used by investors as an indicator of a company’s operating performance and ability to incur and service debt. You should carefully consider the specific items included in our computations of EBITDAX. While we have disclosed EBITDAX to permit a more complete comparative analysis of our operating performance and debt servicing ability relative to other companies, you are cautioned that EBITDAX as reported by us may not be comparable in all instances to EBITDAX as reported by other companies. EBITDAX amounts may not be fully available for management’s discretionary use, due to requirements to conserve funds for capital expenditures, debt service and other commitments. We believe that EBITDAX assists our lenders and investors in comparing our performance on a consistent basis without regard to certain expenses, which can vary significantly depending upon accounting methods. Because we may borrow money to finance our operations, interest expense is a necessary element of our costs. In addition, because we use capital assets, DD&A are also necessary elements of our costs. Finally, we are required to pay federal and state taxes, which are necessary elements of our costs. Therefore, any measures that exclude these elements have material limitations. To compensate for these limitations, we believe it is important to consider both net income determined under GAAP and EBITDAX to evaluate our performance. For purposes of consistency with current calculations, we have revised certain amounts relating to prior period EBITDAX. The following table presents a reconciliation of our net income to EBITDAX for each of the periods presented. “Adjusted Net Loss” means, for any period, the sum of net income (loss) from continuing operations before income taxes for the period plus the following expenses, charges or income, in each case, to the extent deducted from or added to net income in the period: unrealized losses from financial derivatives, non-cash compensation expense, dry hole expenses, disposals of assets, impairment and other one-time or non-recurring charges, minus all gains from unrealized financial derivatives, disposal of assets and deferred income tax benefits, added to net income. Adjusted Net Loss is used as a financial measure by Rex Energy's management team and by other users of its financial statements, to analyze its financial performance without regard to non-cash deferred taxes and non-cash unrealized losses or gains from oil and gas derivatives. Adjusted Net Loss is not a calculation based on GAAP financial measures and should not be considered as an alternative to net income (loss) in measuring the company's performance. Rex Energy reports Adjusted Net Loss because it believes that this measure is commonly reported and widely used by investors as an indicator of a company's operating performance. You should carefully consider the specific items included in the company's computation of this measure. You are cautioned that Adjusted Net Income as reported by Rex Energy may not be comparable in all instances to that reported by other companies. To compensate for these limitations, the company believes it is important to consider both net income determined under GAAP and Adjusted Net Income. The following table presents a reconciliation of Rex Energy’s net income from continuing operations to its adjusted net loss for each of the periods presented ($ in thousands): Cash General and Administrative Expenses (Cash G&A) is the difference between GAAP G&A and non-Cash G&A, which is primarily comprised of non-cash compensation expense. Rex Energy has reported Cash G&A because it believes that this measure is commonly reported and widely used by management and investors as an indicator of overhead efficiency without regard to non-cash expenditures, such as stock compensation. Cash G&A is not a calculation based on GAAP financial measures and should not be considered as an alternative to GAAP G&A in measuring the company’s performance. You should carefully consider the specific items included in the company’s computation of this measure. You are cautioned that Cash G&A as reported by Rex Energy may not be comparable in all instances to that reported by other companies. To compensate for these limitations, the company believes it is important to consider both Cash G&A and GAAP G&A. The following table presents a reconciliation of Rex Energy’s GAAP G&A to its Cash G&A for each of the periods presented (in thousands):


News Article | May 17, 2017
Site: www.prnewswire.co.uk

The Chemical EOR Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 207 in-depth tables, charts and graphs all unavailable elsewhere. The 254 page report provides clear detailed insight into the global Chemical EOR market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 207 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Chemical EOR. • Chemical EOR market provides spending and production from 2017-2027 for 6 Chemical EOR technologies: • ASP • Polymer • Surfactant • Biopolymer • ASP/Polymer • Polymer/Surfactant • Regional Chemical EOR market forecasts from 2017-2027 with drivers and restraints for the regions including: • China • Canada • Russia • Oman • Rest of Middle East • Indonesia • Venezuela • Colombia • Rest of Latin America • United States • India • Mexico • North Sea • Malaysia • Rest of the World • Company profiles for the leading 10 Chemical EOR companies • BlackPearl Resources • Cenovus Energy • PetroChina (CNPC) • China National Offshore Oil Corporation (CNOOC) • Canadian Natural Resources (CNRL) • Murphy Oil Corporation • Petroleum Development Oman (PDO) • Rex Energy • Sinopec Corp • Zargon Oil and Gas • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Anyone with involvement in the Chemicals and Oil company • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Chemical EOR market and leading companies. You find data, trends and predictions. Buy our report today the Chemical Enhanced Oil Recovery (EOR) Market 2017-2027: Spending and Production Forecasts for Polymers, Surfactants, Biopolymers and ASP & Forecast by Region Plus Profiles of Top Companies. Avoid missing out by staying informed - get our report now. To request a report overview of this report please email Sara Peerun at sara.peerun@visiongain.com or call Tel: +44-(0)-20-7336-6100 3F Chimica Accelerated Oil Technologies LLC Al Qaeda Alberta Energy Regulator Anterra Energy Inc BASF Beijing Hengju Chemical Group Corp Belayim Petroleum Company Berexco BlackPearl Resources BP BP Migas Cairn Energy India CASCO CCC Leduc Cenovus Centre of Excellence in EOR (Malaysia) Chemical EOR Alliance Chevron China Petroleum & Chemical Corporation Chinese EOR Laboratory CNOOC CNPC CNRL Connacher Oil and Gas Limited Dow Ecopetrol S.A EOR Centre of Excellence (Oman) EXPEC Advanced Research Center ExxonMobil FORCE (Forum for improved oil and gas recovery and improved exploration in Norway) GlassPoint Government Agencies and Other Organisations Mentioned in This Report Government of Alberta Government of Oman Harvest Energy Harvest Operations Huntsman Husky Energy Husky Oil Operations Hyak Energy Hyundai IFP Energies Nouvelles Instituto Colombiano del Petróleo (ICP) Kemira KOC Lukoil Medco Enerji Internasional Murphy Oil Nalco National Energy Technology Laboratory (NETL) National Enhanced Oil Recovery Institute Nexen Inc. Norwegian Government Occidental Petroleum Oil & Gas UK Oil Chem Technologies Oil India Ltd. ONGC OPEC Pan American Energy Partex Corporation Pengrowth Energy Corporation Penn West Pertamina Petroamazonas Petrobras Petrochina Petrofac Petróleos de Venezuela, S.A. (PDVSA) Petróleos Mexicanos (PEMEX) Petroleum Development Oman (PDO) Petroleum Technology Research Centre Petronas PT Chevron Pacific Indonesia PT Erraenersi Konstruksindo PT Multi Structure PwC Repsol Research Partnership to Secure Energy for America (RPSEA) Rex Energy RNZ Integrated Rock Energy RusPAV Saskatchewan Ministry of the Economy Sasol Saudi Aramco Shandong Polymer Bio-Chemicals Co. Ltd Shell (Royal Dutch Shell) Shell Canada Shell Chemicals Shell Malaysia SIBUR Siemens Energy Sinopec (China Petroleum and Chemical Corporation) SNF Floerger SNF Group Solvay Statoil Stepan Surtek Talisman TD Securities Terrex Energy Texaco Texas A&M University Tiorco Titan Oil Recovery Inc. Total UAE Oil Ministry University of Kansas University of Oklahoma University of Wyoming University of Wyoming Enhanced Oil Recovery Institute US Department of Energy (DoE) US EIA Wintershall World Bank YPF Zargon Oil and Gas To see a report overview please email Sara Peerun on sara.peerun@visiongain.com


News Article | May 17, 2017
Site: www.prnewswire.com

The Chemical EOR Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 207 in-depth tables, charts and graphs all unavailable elsewhere. The 254 page report provides clear detailed insight into the global Chemical EOR market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 207 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Chemical EOR. • Chemical EOR market provides spending and production from 2017-2027 for 6 Chemical EOR technologies: • ASP • Polymer • Surfactant • Biopolymer • ASP/Polymer • Polymer/Surfactant • Regional Chemical EOR market forecasts from 2017-2027 with drivers and restraints for the regions including: • China • Canada • Russia • Oman • Rest of Middle East • Indonesia • Venezuela • Colombia • Rest of Latin America • United States • India • Mexico • North Sea • Malaysia • Rest of the World • Company profiles for the leading 10 Chemical EOR companies • BlackPearl Resources • Cenovus Energy • PetroChina (CNPC) • China National Offshore Oil Corporation (CNOOC) • Canadian Natural Resources (CNRL) • Murphy Oil Corporation • Petroleum Development Oman (PDO) • Rex Energy • Sinopec Corp • Zargon Oil and Gas • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Anyone with involvement in the Chemicals and Oil company • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Chemical EOR market and leading companies. You find data, trends and predictions. Buy our report today the Chemical Enhanced Oil Recovery (EOR) Market 2017-2027: Spending and Production Forecasts for Polymers, Surfactants, Biopolymers and ASP & Forecast by Region Plus Profiles of Top Companies. Avoid missing out by staying informed - get our report now. To request a report overview of this report please email Sara Peerun at sara.peerun@visiongain.com or call Tel: +44-(0)-20-7336-6100 3F Chimica Accelerated Oil Technologies LLC Al Qaeda Alberta Energy Regulator Anterra Energy Inc BASF Beijing Hengju Chemical Group Corp Belayim Petroleum Company Berexco BlackPearl Resources BP BP Migas Cairn Energy India CASCO CCC Leduc Cenovus Centre of Excellence in EOR (Malaysia) Chemical EOR Alliance Chevron China Petroleum & Chemical Corporation Chinese EOR Laboratory CNOOC CNPC CNRL Connacher Oil and Gas Limited Dow Ecopetrol S.A EOR Centre of Excellence (Oman) EXPEC Advanced Research Center ExxonMobil FORCE (Forum for improved oil and gas recovery and improved exploration in Norway) GlassPoint Government Agencies and Other Organisations Mentioned in This Report Government of Alberta Government of Oman Harvest Energy Harvest Operations Huntsman Husky Energy Husky Oil Operations Hyak Energy Hyundai IFP Energies Nouvelles Instituto Colombiano del Petróleo (ICP) Kemira KOC Lukoil Medco Enerji Internasional Murphy Oil Nalco National Energy Technology Laboratory (NETL) National Enhanced Oil Recovery Institute Nexen Inc. Norwegian Government Occidental Petroleum Oil & Gas UK Oil Chem Technologies Oil India Ltd. ONGC OPEC Pan American Energy Partex Corporation Pengrowth Energy Corporation Penn West Pertamina Petroamazonas Petrobras Petrochina Petrofac Petróleos de Venezuela, S.A. (PDVSA) Petróleos Mexicanos (PEMEX) Petroleum Development Oman (PDO) Petroleum Technology Research Centre Petronas PT Chevron Pacific Indonesia PT Erraenersi Konstruksindo PT Multi Structure PwC Repsol Research Partnership to Secure Energy for America (RPSEA) Rex Energy RNZ Integrated Rock Energy RusPAV Saskatchewan Ministry of the Economy Sasol Saudi Aramco Shandong Polymer Bio-Chemicals Co. Ltd Shell (Royal Dutch Shell) Shell Canada Shell Chemicals Shell Malaysia SIBUR Siemens Energy Sinopec (China Petroleum and Chemical Corporation) SNF Floerger SNF Group Solvay Statoil Stepan Surtek Talisman TD Securities Terrex Energy Texaco Texas A&M University Tiorco Titan Oil Recovery Inc. Total UAE Oil Ministry University of Kansas University of Oklahoma University of Wyoming University of Wyoming Enhanced Oil Recovery Institute US Department of Energy (DoE) US EIA Wintershall World Bank YPF Zargon Oil and Gas To see a report overview please email Sara Peerun on sara.peerun@visiongain.com

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