Contracts, Expansions, New Services, Discoveries, and Underwritten Public Offerings - Research Report on ExxonMobil, Halliburton, Schlumberger, Statoil, and Diamondback Energy
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NEW YORK, August 30, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting ExxonMobil Corporation (NYSE: XOM), Halliburton Company (NYSE: HAL), Schlumberger Limited (NYSE: SLB), Statoil ASA (NYSE: STO), and Diamondback Energy, Inc. (NASDAQ: FANG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ExxonMobil Corporation Research Report
On August 27, 2013, ExxonMobil Corporation (ExxonMobil) announced that ExxonMobil Upstream Research Company has awarded Weatherford International Ltd. a limited international license for its Alternate Path technology patent portfolio for gravel packing cased and openhole completion wells. Sara N. Ortwein, President of ExxonMobil Upstream Research Company, stated, "Alternate Path technology is one of several sand control completion technologies developed by ExxonMobil to increase reliability and production uptime and improve economics of high-cost production wells." Ortwein continued, "ExxonMobil is pleased to work with Weatherford to deploy this key technology in our operations." The Full Research Report on Exxon Mobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/36c4_XOM]
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Halliburton Company Research Report
On August 17, 2013, Halliburton Company (Halliburton) announced that it has officially started the expansion of its Malaysia Manufacturing and Technology Centre in Senai, Malaysia. Halliburton reported that the expansion will enable the Company to accelerate its delivery of high-quality products to meet the increasing needs of customers in the Eastern Hemisphere and globally. Mark Richard, Senior Vice President for Halliburton's Asia Pacific Region, commented, "Halliburton's investment in this expansion demonstrates our continuing commitment to strengthen our position and respond to our customers' needs, not only in the Eastern Hemisphere, but globally." Richard added, "This additional capacity allows us to continue to strengthen our position in deep water, mature assets and unconventional resources development." The Full Research Report on Halliburton Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/fe6a_HAL]
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Schlumberger Limited Research Report
On August 12, 2013, Schlumberger Limited (Schlumberger) introduced its new moment tensor inversion service that provides enhanced analysis of the dynamics of hydraulic fracture propagation. Schlumberger reported that the service is designed to support efficient well completion designs through an increased understanding of natural- and induced-fracture characterization in oil and gas reservoirs. Joseph Elkhoury, Vice President and General Manager of Schlumberger Microseismic Services, stated, "When applied in unconventional reservoirs, the moment tensor inversion service provides information about the orientation, volume and proppant placement associated with the hydraulic fracture." Elkhoury continued, "This provides a framework for building and interpreting geomechanical models, and enables our customers to improve well completion design for improved production." The Full Research Report on Schlumberger Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/127c_SLB]
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Statoil ASA Research Report
On August 27, 2013, Statoil ASA (Statoil) announced its third discovery of crude oil on the Bay du Nord prospect (EL1112) in the Flemish Pass Basin, offshore Newfoundland. Statoil reported that the discovery is located approximately 500 kilometers northeast of St. John's, Newfoundland, and Labrador, Canada. Tim Dodson, Exploration Executive Vice President of Statoil, said, "The Flemish Pass Basin is a strategic part of Statoil's global exploration portfolio. We are now planning to return to the area for further appraisal drilling in the future." The Full Research Report on Statoil ASA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d198_STO]
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Diamondback Energy, Inc. Research Report
On August 20, 2013, Diamondback Energy, Inc. (Diamondback Energy) announced the closing of its underwritten public offering of 4 million common shares at $40.25 per share. Diamondback Energy reported that underwriters have a 30-day option to purchase up to an additional 600,000 shares from the Company at the public offering price (less the underwriting discount). According to the Company, net proceeds after discounts, commissions, and estimated expenses were approximately $154.3 million. Diamondback Energy stated that it will use the proceeds to fund the pending acquisitions of additional acreage in the Permian Basin. The Full Research Report on Diamondback Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4744_FANG]
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