BNET Industries
Market Cap:$7.2B
Last Fiscal Year Sales:$1.0B
- Public
- US
Dow Jones Description
Ultra Petroleum Corp. (Ultra or the Company) is an independent oil and gas company engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The Company was originally incorporated on November 14, 1979, under the laws of the Province of British Columbia, Canada. Ultra remains a Canadian company, but since March 2000, has operated under the laws of The Yukon Territory, Canada pursuant to Section 190 of the Business Corporations Act (Yukon Territory). The Companys operations are primarily in the Green River Basin of southwest Wyoming. The Company continually evaluates other opportunities for the acquisition, exploration and development of oil and natural gas properties. Ultras current operations are focused on developing and expanding its position in a tight gas sand trend located in the Green River Basin in southwest Wyoming. As of December 31, 2008, Ultra owns interests in approximately 121,432 gross (59,953 net) acres in Wyoming covering approximately 190 square miles. The Company owns an interest in approximately 984 gross producing wells in this area and is operator of approximately 50% of the 984 gross wells. The Company also has an exploration effort underway in Pennsylvania. Following the acquisition of Pendaries Petroleum Ltd. on January 16, 2001, the Company became active in oil and natural gas exploration and development covering the 04/36 Block and the 05/36 Block in Bohai Bay, China. ...
Number of Employees 86
Contact Information
363 N Sam Houston Pkwy E Ste 1200
Houston, Texas 77060
(281) 876-0120
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Pritchard Capital Upgrades Ultra Petroleum UPL to Buy
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Thomas Weisel Upgrades Ultra Petroleum UPL from Marketweight
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Ultra Petroleum Turns To Loss In Q3
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Credit Suisse Upgrades Ultra Petroleum UPL to Neutral
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Ultra Petroleum Slips To Loss In Q2, Backs FY09 Production Outlook - Update
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Ultra Petroleum Announces Second Quarter 2009 Financial and Operating Results
News & Analysis
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ultra petroleum corp. - All News and Analysis
Ultra Petroleum Corp. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-30
Question-and-Answer SessionOperator Operator instructions. Your first question comes from the line of Brian Singer of Goldman Sachs. Please proceed. Brian Singer – Goldman Sachs Thanks. Good morning. Mike Watford Good morning. Brian Singer – Goldman Sachs When you look at the $0.5 million dollars per well reduction in Pinedale...
Ultra Petroleum Corp. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-04
Question-and-Answer SessionOperator Operator instructions. Our first question comes from the line of David Heikkinen with Tudor Pickering Holt. Please proceed, sir. David Heikkinen -- Tudor Pickering Holt Good morning, guys. And good quarter and wanted to ask some questions as you think about that three-year plan of, how do...
Ultra Petroleum Corp. Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-05-06
Question-and-Answer SessionOperator Operator Instruction. Your first question comes from the line of Nicholas Pope from Dahlman Rose. Please proceed. Nicholas Pope - Dahlman Rose I had a quick question just in terms of the cash spend for the first quarter. Could you help breakout what you all are spending...
Ultra Petroleum Reports Record 2008 Financial and Operating Results
- 2009-02-17
HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Ultra Petroleum Corp. today reported record financial and operating results for both the fourth quarter and full-year 2008. Highlights for 2008 include: -- Record earnings of $2.59 per diluted share adjusted or $405.0 million adjusted, an...
Ultra Petroleum Reports 2008 Proved Reserves of 3.52 Tcfe, an 18 Percent Increase, or 21 Percent on a Per Share Basis, and All-In F&D Cost of $1.39 Per Mcfe With 470 Percent Organic Reserve Replacement Ratio
- 2009-02-17
- 2008 proved reserves increase to 3.52 Tcfe from 2.98 in 2007 - 2008 total 3P reserves increase to 11.66 Tcfe from 10.74 Tcfe in 2007 - 2008 all-in F&D costs of $1.39 per Mcfe - Undrilled inventory grows to 5,570 locations HOUSTON, Feb. 17 ...
Ultra Petroleum Provides Production and Capital Budget Guidance for 2009
- 2009-02-17
HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Ultra Petroleum Corp. today reported that the company's Board of Directors' approved the 2009 capital budget of $720.0 million. The 2009 capital budget is planned to be allocated as follows: Wyoming: ...
Ultra Petroleum Increases 2009 and 2010 Natural Gas Hedges
- 2009-02-03
HOUSTON, Feb. 3 /PRNewswire-FirstCall/ -- Ultra Petroleum Corp. today announces additional 2009 and 2010 natural gas hedges. The total net volume hedged for 2009 currently is 93.0 Bcf at an average realized price of $5.81 per Mcf, and in 2010 the total net volume hedged currently is 6.8...
Ultra Petroleum Reports U.S. BLM Filed Draft SEIS.
- 2006-12-19
M2 PRESSWIRE-19 December 2006-Early Watch: Ultra Petroleum Reports U.S. BLM Filed Draft SEISC1994-2006 M2 COMMUNICATIONS LTD RDATE:19122006 Ultra Petroleum (AMEX:UPL) is an independent, exploration and production company focused on developing its long-life natural gas reserves in the Green River Basin of...
Webcast Alert: Ultra Petroleum Corporation Announces Its AMEX Oil, Gas, Energy IIF Webcast.
- 2006-12-07
M2 PRESSWIRE-7 December 2006-Breaking News: Webcast Alert: Ultra Petroleum Corporation Announces Its AMEX Oil, Gas, Energy IIF WebcastC1994-2006 M2 COMMUNICATIONS LTD RDATE:07122006 Ultra Petroleum Corp. (AMEX:UPL) is a publicly traded, rapidly growing independent exploration and production company focused on its ...
Webcast Alert: Ultra Petroleum Corporation Announces Its AMEX Oil, Gas, Energy IIF Webcast
- 2006-12-04
HOUSTON -- Ultra Petroleum Corporation (AMEX:UPL) announces the following Webcast:What: Ultra Petroleum Corporation AMEX Oil, Gas, Energy IIF Webcast When: December 5, 2006 @ 10:00 AM Eastern Where: http://www.investorcalendar.com/EventPage.asp?ID=112150 How: Live over the Internet -- Simply log on...
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