Extraction Oil & Gas

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http://www.extractionog.com/
Extraction Oil & Gas, Inc.
Type Public
Industry Oil & Gas
Founded 2012
Headquarters Denver, Colorado
Key people Mark Erickson, Matt Owens, Rusty Kelley[1]
Number of employees 100

Extraction Oil & Gas, Inc. an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado[2]. It has approximately 100,000 net acres of contiguous acreage blocks in the productive areas of the Wattenberg field, as well as holds approximately 124,000 net acres in the DJ Basin. As of December 31, 2015, its total estimated proved reserves were approximately 158.6 MMBoe. It also has 941 gross producing wells. Extraction Oil & Gas, LLC was founded in 2012 and is headquartered in Denver, Colorado. Extraction Oil & Gas, LLC operates as a subsidiary of PRE Resources LLC

History

  • January 2016, Extraction Oil & Gas President Matthew Owens was chosen as a member of Forbes 30 Under 30 within the energy sector.[3]
  • June 2016, Extraction Oil & Gas CEO Mark Erickson & President Matthew Owens were named Ernst & Young’s Mountain Desert Region’s Entrepreneur of the Year.[4]
  • October 11, 2016, Extraction Oil & Gas, Inc. announced the pricing of its initial public offering of 33,333,333 shares of its common stock at $19.00 per share.[5][6]
  • October 12, 2016, Extraction Oil & Gas IPO received a welcoming market reaction.[7]
  • October 12, 2016, Shares of Extraction Oil & Gas Inc rose as much as 19.7 percent in their market debut as crude prices held above $50 per barrel.[8]
  • October 18, 2016, Extraction Oil & Gas, Inc. announced it has named Eric S. Jacobsen as senior vice president of operations.[9]
  • October 18, 2016, Extraction Oil & Gas, Inc. announced plans to add a third drilling rig in the first quarter of 2017[10]

Controversies

Top 5 Recent Tweets

DateAuthorComment
October 06, 2022davidrvetterThis is absolutely massive, meaning 43% of the reinsurance market now will not cover new oil and gas extraction. Th… https://t.co/YiPoaNGhk3
October 06, 2022Wera_HobhouseA new report has shown that if we continue with domestic oil and gas extraction we will exceed our legally biding c… https://t.co/QRDgeF1n5N
September 29, 2022KetanJ0Based on

- 6 MTCO2-e total greenhouse equivalent of gas released by NS pipeline asplode

- 211 MTCO2-e total US me… https://t.co/It93pNFx0C
October 06, 2022RonnieLuceroNMHi @Gabe_NM A Democratic candidate for Congress from New Mexico is looking to walk back recently unearthed commen… https://t.co/5vfr8YSKtb
October 06, 2022xtron88@HanrettaMark "Many oil and gas executives say they have little interest in increasing oil production — even at cru… https://t.co/2qOSuFlOau


Top 5 Recent News Headlines

Top 5 Lifetime Tweets

Top 5 Lifetime News Headlines

  1. http://www.extractionog.com/leadership.php
  2. http://www.extractionog.com/where-we-operate.php
  3. http://www.forbes.com/30-under-30-2016/energy/#4eb25ec52463
  4. http://www.ey.com/us/en/about-us/entrepreneurship/entrepreneur-of-the-year/rm_article_winners
  5. https://globenewswire.com/news-release/2016/10/11/878752/0/en/Extraction-Oil-Gas-Inc-Prices-Initial-Public-Offering.html
  6. http://www.cnbc.com/2016/09/29/reuters-america-update-1-extraction-oil-gas-expects-to-raise-as-much-as-600-mln-in-ipo.html
  7. http://www.wsj.com/articles/first-oil-gas-ipo-in-2-years-is-winner-1476307444
  8. http://www.reuters.com/article/extraction-oil-ipo-idUSL4N1CH4JV
  9. https://globenewswire.com/news-release/2016/10/18/880339/0/en/Extraction-Oil-Gas-Strengthens-Technical-Team-Names-Eric-Jacobsen-SVP-Operations.html
  10. http://www.nasdaq.com/press-release/extraction-oil--gas-inc-announces-plans-to-add-a-third-drilling-rig-in-the-dj-basin-in-q1-2017-20161018-00239#ixzz4NXcPZnIe

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