Oil and Gas

Independent energy producers PetroQuest Energy Inc. and Midstates Petroleum Co. Inc. are working together to develop Midstates’ Fleetwood project.

In deal with Talos Energy Offshore, Stone retains an option for a 50 percent working interest in the deep drilling rights on the properties.

Of the major oil- and gas-producing states, Oklahoma gained eight rigs, Pennsylvania gained two and Alaska, California, Colorado, North Dakota and Ohio each gained one. Kansas lost three rigs while Louisiana lost two.

The local flood protection authority’s lawsuit against 97 oil, gas and pipeline companies lives to die another day. The authority’s board voted 4-4 last week on a motion to withdraw the suit. The motion required a majority to pass.

In case you were harboring any doubts as to the oil and gas industry’s impact on Louisiana’s coastline, this video from Walter Williams should ease your mind.

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ABiz Stock Watch
o Home Bancorp 22.34 ▲0.26 (1.18%)
o Frank's International 20.15 ▲0.17 (0.85%)
o IberiaBank Corp 65.25 ▲0.60 (0.93%)
o LHC Group 25.74 ▲0.25 (0.98%)
o MidSouth Bancorp 19.11 ▲0.06 (0.31%)
o Petroquest Energy 6.66 ▲0.25 (3.90%)
o PHI Inc. 41.52 0.00 (0.00%)
o Superior Energy 35.84 ▲0.20 (0.56%)
o Stone Energy 35.19 ▲0.86 (2.51%)
o Facebook Inc. 74.82 ▲0.96 (1.31%)
o Twitter Inc. 49.75 ▲0.32 (0.65%)
o Gannett 33.76 ▲0.01 (0.03%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.34 Trade time:4:00PM EDT Value change:▲0.26 (1.18%)
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Frank's International

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IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:65.25 Trade time:4:00PM EDT Value change:▲0.60 (0.93%)
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LHC Group

Company ID [NYSE:LHCG] Last trade:25.74 Trade time:4:00PM EDT Value change:▲0.25 (0.98%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:19.11 Trade time:4:01PM EDT Value change:▲0.06 (0.31%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:6.66 Trade time:4:02PM EDT Value change:▲0.25 (3.90%)
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PHI Inc.

Company ID [NYSE:PHII] Last trade:41.52 Trade time:3:59PM EDT Value change:0.00 (0.00%)
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Superior Energy

Company ID [NYSE:SPN] Last trade:35.84 Trade time:4:03PM EDT Value change:▲0.20 (0.56%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:35.19 Trade time:4:01PM EDT Value change:▲0.86 (2.51%)
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Facebook Inc.

Company ID [NYSE:FB] Last trade:74.82 Trade time:4:00PM EDT Value change:▲0.96 (1.31%)
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Twitter Inc.

Company ID [NYSE:TWTR] Last trade:49.75 Trade time:4:01PM EDT Value change:▲0.32 (0.65%)
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Gannett

Company ID [NYSE:GCI] Last trade:33.76 Trade time:4:03PM EDT Value change:▲0.01 (0.03%)
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