Amended Merger Agreement and Quarterly Reports - Research Report on Berry Petroleum, Swift Energy, Comstock, EPL, and Resolute Energy PR Newswire NEW YORK, November 7, 2013 NEW YORK, November 7, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting Berry Petroleum Co. (NYSE: BRY), Swift Energy Co. (NYSE: SFY), Comstock Resources Inc. (NYSE: CRK), EPL Oil & Gas, Inc. (NYSE: EPL), and Resolute Energy Corporation (NYSE: REN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Berry Petroleum Co. Research Report On November 4, 2013, Berry Petroleum Co. (Berry Petroleum), LINN Energy, LLC (LINN Energy), and LinnCo, LLC (LinnCo) together announced that the Boards of Directors of the three Companies have unanimously approved an amended merger agreement. Berry Petroleum reported that LinnCo has agreed to increase the number of common shares it is issuing to 1.68 common shares, from 1.25 common shares, for each common share of Berry outstanding prior to the merger for total consideration of approximately $4.9 billion, including the assumption of debt. According to the Company, the transaction, which is structured as a stock-for-stock merger of Berry with LinnCo followed by the acquisition of the Berry assets by LINN Energy, is expected to be tax-free to Berry shareholders. The Full Research Report on Berry Petroleum Co. - 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/2fbb_BRY] Swift Energy Co. Research Report On October 31, 2013, Swift Energy Co. (Swift Energy) released its Q3 2013 results. Swift Energy registered total revenues of $153.0 million in Q3 2013, up 18.8% YoY. The Company posted net income of $8.9 million in Q3 2013, up 184.6% YoY. Swift Energy reported diluted EPS of $0.20, up 185.7% YoY in Q3 2013. Commenting on the results, Terry Swift, CEO of Swift Energy, said, "During the third quarter, we have continued to improve our operational efficiencies in South Texas. Despite a slower drilling and completion pace than earlier in the year, we grew production during the quarter primarily as a result of greater productivity per well. Our emphasis on drilling horizontal wells in a narrow, high quality interval of the lower Eagle Ford has resulted in more exposure to the highest quality rock available on our leases. When possible, we are now logging each horizontal lateral we drill, resulting in more effective frac stage placement and improved performance of our completion operations. The combination of these efforts has led to significant improvement in the productivity of our wells." Swift continued, "Further, we are optimizing our completion designs with longer lateral lengths, increases in frac stages and the volume of frac sand to increase initial production rates and cumulative production of Eagle Ford shale horizontal wells. We expect continued performance and efficiency improvements as we exploit these relationships in our drilling program." The Full Research Report on Swift Energy Co. - 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/c434_SFY] Comstock Resources Inc. Research Report On November 4, 2013, Comstock Resources Inc. (Comstock) released its Q3 2013 results. Comstock registered revenues of $111.6 million in Q3 2013, up 14.9% YoY. The Company posted net loss of $24.0 million in Q3 2013, compared to net loss of $30.4 million in Q3 2012. Comstock reported diluted loss per share of $0.52 in Q3 2013, compared to diluted loss per share of $0.66 in Q3 2012. The Full Research Report on Comstock Resources 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/7326_CRK] EPL Oil & Gas, Inc. Research Report On October 31, 2013, EPL Oil & Gas, Inc. (EPL) released its Q3 2013 results. EPL registered revenues of $184.0 million in Q3 2013, up 112.3% YoY. The Company posted net loss of $1.3 million in Q3 2013, compared to net loss of $2.2 million in Q3 2012. EPL reported diluted loss per share of $0.03 in Q3 2013, compared to diluted loss per share of $0.06 in Q3 2012. Moreover, EPL announced that it has recently signed 3D seismic commitments totaling approximately $45 million. The Company noted that the 3D Full Azimuth Nodal seismic data acquisition to be conducted by Fairfieldnodal is expected to begin during late Q2 2014. The Full Research Report on EPL Oil & Gas, 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/855f_EPL] Resolute Energy Corporation Research Report On November 4, 2013, Resolute Energy Corporation (Resolute Energy) released its Q3 2013 results. Resolute Energy registered total revenues of $89.1 million in Q3 2013, up 40.5% YoY. The Company posted net loss of $2.7 million in Q3 2013, compared to net loss of $2.5 million in Q3 2012. Resolute Energy reported diluted loss per share of $0.04 in Q3 2013, flat compared to Q3 2012. Nicholas Sutton, CEO of Resolute Energy, commented, "We are pleased with the initial results from our first four horizontal wells. Three of the wells are in our Gardendale project area, located in the Midland portion of the Permian Basin, and the fourth is in Hilight Field, located in the Powder River Basin. We own almost 100% of the working interest in these four wells. This is just the beginning of our horizontal drilling program. During the fourth quarter, we expect to drill two gross horizontal wells in the Reeves County portion of the Delaware Basin." The Full Research Report on Resolute Energy 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/a7e7_REN] EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to making mistakes. 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Amended Merger Agreement and Quarterly Reports - Research Report on Berry Petroleum, Swift Energy, Comstock, EPL, and Resolute
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