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  • Warren Resources, Inc. (WRES) to Present at Southcoast Energy Conference 0 comments
    Nov 26, 2010 6:09 PM | about stocks: WRES
    Warren Resources Inc., an independent energy company engaged in the exploration and development of domestic onshore oil and natural gas reserves, announced recently that the company will present at the Capital One Southcoast 2010 Energy Conference in New Orleans on December 7, 2010. Timothy Larkin, Warren’s Executive VP and CFO, along with David Fleming, its Sr. VP and General Counsel, will make the presentation, a copy of which will be available on the company website (WarrenResources.com) beginning Monday, December 6.

    Warren Resources uses advanced technologies to systematically explore, develop, and produce domestic on-shore oil and natural gas reserves. Although the company is headquartered in New York, primary operations are focused on oil in the Wilmington field in California, and natural gas in the Washakie Basin in Wyoming. Warren is also one of the leading developers of coalbed methane natural gas, or CBM, in the Rocky Mountain region. The company, with over 160,000 gross acres (85,534 net) in oil and natural gas interests, has offices in Long Beach, California, and Casper, Wyoming. In addition, they own oil and natural gas interests in non-strategic properties in Texas, New Mexico, and North Dakota.

    Only about 20% of the company’s net acreage has currently been developed. The company plans to generate growth in oil and gas reserves, production volumes, and cash flow by exploiting existing properties through the drillbit. They have already identified 530 drilling locations in the RM CBM properties, and have zoning approval to drill up to 540 new wells in the Wilmington field units.

    All of the company’s oil and natural gas drilling, completion, production, and land operations are conducted through a wholly owned subsidiary, Warren E&P, Inc.

    For more information, visit WarrenResources.com

    Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net
    Stocks: WRES
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