DBLE Stock News 2.86 05/09/2014 22:11:27 Double Eagle Petroleum

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Double Eagle Petroleum Company (DBLE) 2.86 $DBLE

Global Coal Bed Methane (CBM) Market 2014-2018 with Arrow Energy, BG Group, BP, Chevron, Dart Energy, ExxonMobil & Royal Dutch Shell Dominating
M2 - Fri Apr 04, 8:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jb435t/global_coal_bed) has announced the addition of the "Global Coal Bed Methane (CBM) Market 2014-2018 with Arrow Energy, BG Group, BP, Chevron, Dart Energy, ExxonMobil & Royal Dutch Shell Dominating" report to their offering. One of the major drivers in this market is the shifting focus from conventional gas sources due to the depletion of fossil fuels. Governments across the globe are being forced to shift their focus to alternative sources of gas supply including CBM, which is propelling the growth of the Global CBM market. Over the years, there has been a tremendous increase in technological advancements in the Global CBM market, which has resulted in the higher extraction of CBM from major reservoirs across the world. These technological advancements include the CBM production mechanism, the development of techniques for accurate isothermic testing and determination of gas levels, the development of well log interpretation, and well simulation models. Also, huge investments are being made in R&D to improve the efficient recovery of CBM through horizontal drilling while reducing the lead time and cost. The overall volume of production as well as the cost and risk have significantly declined due to these rapid technological advancements in the industry. Therefore, it is expected that technological advancements will be one of the key trends propelling the growth of the Global CBM market during the forecast period. Further, the report states that one of the major challenges confronting the market is the long dewatering period for CBM. The dewatering of a CBM well takes a lot of time and increases the overall cost of development of CBM wells. Key vendors dominating this space are: - Arrow Energy Pty Ltd - BG Group plc - BP plc - Chevron Corp. - Dart Energy Ltd. - ExxonMobil Corp. - Royal Dutch Shell plc. Other vendors mentioned in the report are: - Aberdeen Drilling Management Ltd. - Alkane Energy - BHP Billiton - Cathy Oil and Gas Ltd - CBM Asia Development Corp - China United Coalbed Methane Corp - Constellation Energy Group - ConocoPhillips Co - Devon Energy Corp. - Double Eagle Petroleum Co. - Encana Corp - Essar Energy Plc - Gazprom - GDF Suez S.A - Green Dragon Gas - Penn Virginia Corp. - Osaka Gas Co. Ltd. - Sinopec - Storm Cat Energy Corp. - Strait Oil & Gas Ltd - Tlou Energy - Total S.A. - Warren Resources Inc. Key questions answered in this report: - What will the market size be in 2018 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? For more information visit http://www.researchandmarkets.com/research/jb...l_coal_bed

Double Eagle Petroleum announces trading under the ticker symbol ESCR
M2 - Tue Apr 01, 6:00AM CDT
US-based oil and gas company, Double Eagle Petroleum Co (NASDAQ BLE), revealed on Monday that its common stock will begin trading under the ticker symbol "ESCR" when the market opens on 1 April 2014, after its recent name change to Escalera Resources Co.

Double Eagle Petroleum Name Changed to Escalera Resources, Begins Trading Under Ticker Symbol "ESCR" Effective April 1; Announces Strategic Update Conference Call
PR Newswire - Mon Mar 31, 4:24PM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) announced today that the Company's common stock will begin trading under the ticker symbol "ESCR" before the market opens on April 1, 2014. This follows the Company's recently announced name change to Escalera Resources Co., reflecting the repositioning of the Company for future growth. Additionally, the Company's Series A Cumulative Preferred Stock will trade under the ticker symbol "ESCRP" beginning before the market opens on April 1, 2014.

3 Stocks Under $10 Making Big Moves
at The Street - Wed Mar 26, 5:00AM CDT
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.

Double Eagle Petroleum Appoints Charles F. Chambers Chief Executive Officer and Will Change Name to Escalera Resources Co.; Company Raises $4.8 Million in Equity Private Placement
PR Newswire - Tue Mar 25, 8:15AM CDT
Double Eagle Petroleum Co. (the "Company" (NASDAQ: DBLE) announced today that Charles F. Chambers has been appointed Chairman and Chief Executive Officer, effective as of April 1, 2014, succeeding Richard D. Dole who will become Vice Chairman of the Board. As part of the transition the Company is changing its name to Escalera Resources Co. The Company also announced a private placement of its common stock for $4,825,000, the net proceeds of which will be used to fund working capital needs and for other general corporate purposes.

Double Eagle Provides Updates on Drilling Operations and Exploration Projects
PR Newswire - Wed Mar 12, 6:35PM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) provided today an operations update on its development activities in the Spyglass Hill and Mesa Units, and exploration updates on certain undeveloped acreage.

Double Eagle Petroleum Co. Reports Full-Year 2013 Financial Results
PR Newswire - Wed Mar 12, 6:33PM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) today reported its financial and operating results for the year ended December 31, 2013. The Company reported a net loss attributable to common stock of $16,796,000, or $1.48 per share for 2013 as compared to a net loss of $14,050,000, or $1.25 per share for 2012.

Double Eagle Petroleum Reports Cash Dividend on its Series A Cumulative Preferred Stock
PR Newswire - Mon Mar 10, 11:58AM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) reported today that its Board of Directors declared a cash dividend on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock" in the amount of $0.578125 per share, payable on March 31, 2014 to shareholders of record as of March 21, 2014. The Series A Preferred Stock was issued on July 5, 2007 and trades on the NASDAQ Capital Market under the symbol "DBLEP."

Double Eagle Petroleum Announces Year-End Financial Results and Operations Update Conference Call
PR Newswire - Thu Mar 06, 2:07PM CST
Double Eagle Petroleum Co. (NASDAQ: DBLE), announced today that it will report the Company's year-end financial and operating results after market close, on Wednesday, March 12, 2014. The Company will host an investor conference call to discuss the results on Thursday, March 13, 2014 at 11:00 a.m. Eastern Time (9 a.m. Mountain Time). The conference call information is as follows:

Global Unconventional Gas Market 2014-2018 with BP plc, Chesapeake Energy Corp., Chevron Corp., ExxonMobil Corp., and Royal Dutch Shell plc Dominating
M2 - Tue Feb 18, 8:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/hcgw9d/global) has announced the addition of the "Global Unconventional Gas Market 2014-2018" report to their offering. The analysts forecast the Global Unconventional Gas market to grow at a CAGR of 4.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the depleting conventional gas reserves. The Global Unconventional Gas market has also been witnessing rapid technological advancements. However, the capital-intensive market could pose a challenge to the growth of this market. Key vendors dominating this space are Arrow Energy Pty Ltd., BG Group plc, BP plc, Chesapeake Energy Corp., Chevron Corp., Dart Energy Ltd., Devon Energy Corp., ExxonMobil Corp., and Royal Dutch Shell plc. Other vendors mentioned in the report are Aberdeen Drilling Management Ltd., Alkane Energy, Baker Hughes Inc., BHP Billiton Group, Cathy Oil and Gas Ltd., China United Coalbed Methane Corp., Constellation Energy Group, Devon Energy Corp., Double Eagle Petroleum Co., Encana Corp., Essar Energy Plc, Gazprom Oao, GDF Suez S.A., Halliburton Co., Mitsubishi Corp., Penn Virginia Corp., Osaka Gas Co. Ltd., Sinopec Ltd, Storm Cat Energy Corp., Strait Oil & Gas Ltd., Tlou Energy, Total S.A., and Warren Resources Inc. Commenting on the report, an analyst from the team said: Over the years, there has been a tremendous increase in the technological advancements that have led to the increase in extraction of unconventional gas from reservoirs. The technological advancements include unlocking the potential of unconventional gas, managing produced water, development and determination of gas, well log interpretation, and the development of well simulation models. Also, the market vendors are increasing their investments in R&D, which in turn is reducing the time and cost for horizontal drilling. Moreover, the overall volume of production, cost, and risk has significantly reduced due to the rapid technological advancements in the industry. Therefore, the rapid technological advancements are one of the key trends that are expected to propel the growth of the Global Unconventional Gas market during the forecast period. For more information visit http://www.researchandmarkets.com/research/hcgw9d/global About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Double Eagle Petroleum Appoints Chief Financial Officer
PR Newswire - Tue Feb 04, 2:22PM CST
Double Eagle Petroleum Co. (NASDAQ: DBLE) today announced today the appointment of Adam Fenster as Chief Financial Officer ("CFO" , effective January 30, 2014. Mr. Fenster has served as CFO for several companies, most recently for a downstream fuel marketer. He has provided consulting services in the areas of finance and accounting to several E&P companies, including Antero Resources Corporation, Synergy Resources Corporation, and DCP Midstream, LP. Mr. Fenster is a certified public accountant in the State of Colorado and began his career in the Denver office of KPMG LLP.

Nasdaq stocks posting largest volume increases
AP - Fri Jan 24, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:

Global Coal Bed Methane Market 2014-2018: One of the Major Challenges Confronting the Market is the Long Dewatering Period for CBM
M2 - Tue Jan 14, 10:25AM CST
Research and Markets (http://www.researchandmarkets.com/research/jqjvv3/global_coal_bed) has announced the addition of the "Global Coal Bed Methane (CBM) Market 2014-2018" report to their offering. The analysts forecast the Global Coal Bed Methane market to grow at a CAGR of 3.5 percent over the period 2013-2018. One of the key factors contributing to this market growth is the shifting focus from conventional gas sources. The Global Coal Bed Methane market has also been witnessing rapid technological advancements. However, the long dewatering period for CBM could pose a challenge to the growth of this market. Key vendors dominating this space are Arrow Energy Pty Ltd., BG Group plc, BP plc, Chevron Corp., Dart Energy Ltd., ExxonMobil Corp., and Royal Dutch Shell plc. Other vendors mentioned in the report are Aberdeen Drilling Management Ltd., Alkane Energy, BHP Billiton, Cathy Oil and Gas Ltd.,CBM Asia Development Corp, China United Coalbed Methane Corp., Constellation Energy Group, ConocoPhillips Co, Devon Energy Corp., Double Eagle Petroleum Co., Encana Corp., Essar Energy Plc, Gazprom, GDF Suez S.A, Green Dragon Gas, Penn Virginia Corp., Osaka Gas Co. Ltd., Sinopec, Storm Cat Energy Corp., Strait Oil & Gas Ltd, Tlou Energy, Total S.A., and Warren Resources Inc. Commenting on the report, an analyst from the team said: Over the years, there has been a tremendous increase in technological advancements in the Global CBM market, which has resulted in the higher extraction of CBM from major reservoirs across the world. These technological advancements include the CBM production mechanism, the development of techniques for accurate isothermic testing and determination of gas levels, the development of well log interpretation, and well simulation models. Also, huge investments are being made in R&D to improve the efficient recovery of CBM through horizontal drilling while reducing the lead time and cost. The overall volume of production as well as the cost and risk have significantly declined due to these rapid technological advancements in the industry. Therefore, it is expected that technological advancements will be one of the key trends propelling the growth of the Global CBM market during the forecast period. For more information visit http://www.researchandmarkets.com/research/jq...l_coal_bed About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Double Eagle Petroleum Announces a New Chairman of the Board and Commences a Search for a CFO
PR Newswire - Tue Dec 03, 3:30PM CST
Double Eagle Petroleum Co. (NASDAQ: DBLE) (the "Company" announced today the election of Roy Cohee, a Company director since 2001, as Chairman of the Board of Directors of the Company, replacing Richard Dole. Mr. Dole will continue to serve as the Company's President and Chief Executive Officer and on the Board of Directors of the Company. The Board determined that separating the offices of Chairman of the Board and Chief Executive Officer will facilitate the Board's active engagement in reviewing and setting the strategic direction of the Company. Sigmund Balaban will replace Mr. Cohee as chairman of the Compensation Committee of the Board.

Double Eagle Petroleum Co. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
M2 - Thu Sep 12, 3:09AM CDT
Summary

Double Eagle Petroleum Co's board to pay USD0.578125 per preferred share dividend
M2 - Tue Sep 10, 4:30AM CDT
The board of directors of Double Eagle Petroleum Co (NASDAQ BLE), a natural gas company, declared on Monday its cash dividend of USD0.578125 per share on its 9.25% Series A Cumulative Preferred Stock.

Double Eagle Petroleum Company Announces Upcoming Investor Presentation
PR Newswire - Thu Sep 05, 10:00AM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) announced today that the Company will be presenting at the Euro Pacific Third Annual Global Investment Conference on Tuesday, September 10, 2013 at 1:30 PM MDT, 3:30PM Eastern Time. The Company will post the presentation on the Company's website at www.dble.com.

Double Eagle Petroleum Reports Second Quarter Financial and Operating Results
PR Newswire - Wed Aug 07, 7:13PM CDT
Double Eagle Petroleum Co. (NASDAQ: DBLE) today reported its financial and operating results for the second quarter ended June 30, 2013. The Company had a net loss attributable to common stock of $570,000, or $0.05 per share for the second quarter of 2013 as compared to a net loss of $4,951,000, or $0.44 per share for the second quarter of 2012. Clean earnings, a non GAAP measure, totaled $2,959,000, or $0.26 per share, for the second quarter of 2013, as compared to $3,733,000 or $0.33 per share for the same prior-year period. Clean earnings excludes the effects on net income (loss) of non-cash charges, consisting of depreciation, depletion and amortization expense, unrealized gains and losses related to the Company's economic hedges, impairment charges and stock-based compensation expense. Clean earnings also excludes the impact of income taxes, as the Company does not expect to pay income tax in the foreseeable future due to its net operating loss carryforwards. Please see the table at the end of this release for the reconciliation of clean earnings to GAAP income (loss). The following items impacted our second quarter 2013 results:
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