| Date | Title | |
| 12/16/09 | St. Mary Announces 2010 Capital Budget and Production Forecast| Total capital budget of $725 million approved by Board of Directors; exploration and drilling budget set at $561 millionInvestment planned to be funded through operating cash flow and anticipated proceeds from divestitures; capacity available under existing credit facility to maintain or accelerate programRoughly 40% of exploration & drilling budget allocated to Eagle Ford shale program; approximately 30% of budget dedicated to oil programs in the Permian and Williston basinsOver 20% product... |
|  |
| 12/02/09 | St. Mary to Present at Upcoming Energy Conference| DENVER--(BUSINESS WIRE)--Dec. 2, 2009--
St. Mary Land & Exploration Company (NYSE: SM) today announces that the
Company's President and Chief Executive Officer, Tony Best, will present
at the Wells Fargo Exploration and Production, Energy Services and
Utility Symposium at 9:30 a.m. Eastern time on Wednesday, December 9,
2009, at the New York Palace Hotel at 455 Madison Avenue, New York, NY.
The link to the live audio webcast may be accessed at ht... |
| |
| 11/03/09 | St. Mary to Present at Upcoming Conferences| DENVER--(BUSINESS WIRE)--Nov. 3, 2009--
St. Mary Land & Exploration Company (NYSE: SM) today announced that the
Company will present at two upcoming conferences in November of 2009.
The Company's Executive Vice President and Chief Operating Officer, Jay
Ottoson, will present at the Thomas Weisel Partners Alternative Energy &
Natural Resources Conference at 9:10 a.m. Eastern time on Tuesday,
November 10, 2009, at the New York Palace ... |
| |
| 11/02/09 | St. Mary Provides Operational Update; Updates Performance Guidance for 2009|
Strong Eagle Ford Wells Result in Additional Operated Rig in
Fourth Quarter
Positive Developments in East Texas Haynesville Shale Position
Exploratory Marcellus Shale Wells Drilled and Completed; Sales
Line in Process of Being Completed
DENVER--(BUSINESS WIRE)--Nov. 2, 2009--
St. Mary Land & Exploration Company (NYSE: SM) today provides an update
on the Company’s operati... |
| |
| 11/02/09 | St. Mary Reports Results for Third Quarter of 2009|
Quarterly Production of 26.4 BCFE within Guidance of 25.5 – 27.0
BCFE
Costs Largely within or below Guidance for the Quarter
Adjusted Net Income of $14.7 million or $0.23 per Diluted Share
Non-cash Charges and Impairments Result in a GAAP Net Loss of
($4.4 Million), or ($0.07) per Diluted Share
Borrowing Base Re-determined at $900 Million
... |
| |
| 10/16/09 | St. Mary Board Declares Semi-Annual Cash Dividend| DENVER--(BUSINESS WIRE)--Oct. 16, 2009--
St. Mary Land & Exploration Company (NYSE: SM) today announces that its
Board of Directors has declared a semi-annual cash dividend of $0.05 per
share of common stock. The dividend will be paid November 9, 2009, to
stockholders of record as of the close of business October 30, 2009. St.
Mary currently has approximately 62.5 million shares of common stock
outstanding.
St. Mary has paid cash... |
| |
| 09/21/09 | ST. MARY SCHEDULES THIRD QUARTER 2009 EARNINGS CONFERENCE CALL| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE:SM) is scheduled to release
earnings for the third quarter of 2009 after the close of trading on the
NYSE on November 2, 2009. The teleconference to discuss these results is
scheduled for November 3, 2009 at 8:00 a.m. Mountain time (10:00 a.m.
Eastern time). The call participation number is 888-811-1227. An audio
replay of the call will be available approximately two hours after the... |
| |
| 08/07/09 | ST. MARY LAND & EXPLORATION COMPANY TO PRESENT AT THE OIL & GAS CONFERENCE| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that President
and CEO Tony Best will present at The Oil and Gas Conference at the
Westin Tabor Center in Denver, Colo. on Tuesday, August 11, 2009 at 3:35
p.m. (MDT).
The presentation will be webcast live on The Oil and Gas Conference
website at http://theoilandgasconference.com/webcast.shtml.
Additionally, a link to the webcast and St. Marys presentati... |
| |
| 08/03/09 | ST. MARY PROVIDES OPERATIONAL UPDATE; UPDATES PERFORMANCE GUIDANCE|
Full year production guidance range increased to 107.0 to 110.0
BCFE from 103.0 to 106.0 BCFE
The Company increases anticipated capital investment target;
reiterates intention to invest at or near operating cash flow for
exploration and development activities
Testing of resource plays ongoing with rigs drilling in the
Eagle Ford and Marcellus shale plays
Recommenci... |
| |
| 08/03/09 | ST. MARY REPORTS RESULTS FOR SECOND QUARTER OF 2009|
Quarterly production of 28.2 BCFE exceeds guidance of 26.5
28.0 BCFE
Reported expenses for lease operating, transportation, DD&A, and
total general and administrative all below guidance
Adjusted net income of $15.2 million or $0.24 per diluted share
Non-cash charges and impairments result in a GAAP net loss of
($8.3 million), or ($0.13) per diluted share
DENVE... |
| |
| 06/24/09 | ST. MARY ANNOUNCES SUCCESSFUL TEST IN EAGLE FORD SHALE PROGRAM| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces today the
successful completion of its first operated horizontal Eagle Ford shale
well, the Briscoe G 1-H (SM WI 100%) in Webb County, Texas. The well
produced at an average sales rate of 5.6 MMCFED (4.4 MMCF/d of natural
gas and 192 Bbl/d of condensate) over a seven day initial flow period,
during which the well was facility constrained. The well was drilled to
... |
| |
| 06/18/09 | ST. MARY SCHEDULES SECOND QUARTER 2009 EARNINGS CONFERENCE CALL| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE:SM) is scheduled to release
earnings for the second quarter of 2009 after the close of trading on
the NYSE on August 3, 2009. The teleconference to discuss these results
is scheduled for August 4, 2009 at 8:00 a.m. Mountain time (10:00 a.m.
Eastern time). The call participation number is 888-811-1227. An audio
replay of the call will be available approximately two hours after the
... |
| |
| 05/04/09 | ST. MARY PROVIDES OPERATIONS AND GUIDANCE UPDATE|
Full Year Production Guidance Range Increased to 103.0 to 106.0
BCFE from 101.0 to 104.0 BCFE
Company Reiterates Intention of Investing at or near Operating
Cash Flow for Exploration and Development Activities
Second Operated Haynesville Well Currently Drilling in San
Augustine County, Texas
First Operated Horizontal Eagle Ford Well Currently Drilling in
Webb Count... |
| |
| 05/04/09 | ST. MARY REPORTS RESULTS FOR FIRST QUARTER OF 2009|
Quarterly production of 28.4 BCFE exceeds guidance of 26.5
28.0 BCFE
Reported expenses for lease operating, transportation,
production taxes, and total general and administrative all below
guidance
Low realized natural gas prices at quarter-end contribute to
larger than anticipated depletion expense and impairment on proved
properties
Reported GAAP net ... |
| |
| 04/17/09 | ST. MARY BOARD DECLARES SEMI-ANNUAL CASH DIVIDEND| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) today announces that its
Board of Directors has declared a semi-annual cash dividend of $0.05 per
share of common stock. The dividend will be paid May 11, 2009, to
stockholders of record as of the close of business May 1, 2009. St. Mary
currently has approximately 62.4 million shares of common stock
outstanding.
St. Mary has paid cash dividends to stockholders ever... |
| |
| 04/15/09 | ST. MARY ANNOUNCES COMPLETION OF NEW CREDIT FACILITY| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that the
Company has entered into a new senior secured revolving credit facility.
The bank group, comprised of 12 banks, has approved a $900 million
borrowing base. The current commitment amount from the bank group is
$678 million, which is an increase from the $500 million in commitments
provided in the previous facility. As of April 14, 2009, St. Mary has
$3... |
| |
| 04/14/09 | ST. MARY SCHEDULES FIRST QUARTER 2009 EARNINGS CONFERENCE CALL| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) is scheduled to release
earnings for the first quarter of 2009 after the close of trading on the
NYSE on May 4, 2009. The teleconference to discuss these results is
scheduled for May 5, 2009 at 8:00 a.m. Mountain time (10:00 a.m. Eastern
time). The call participation number is 888-811-1227. An audio replay of
the call will be available approximately two hours after the call at ... |
| |
| 04/14/09 | ST. MARY TO PRESENT AT IPAA OIL & GAS SYMPOSIUM IN NEW YORK| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that the
Company's President and Chief Executive Officer, Tony Best, will present
at the IPAA Oil & Gas Investment Symposium at 9:35 am Eastern time on
Monday, April 20, 2009, at the Sheraton New York Hotel and Towers. A
link to the webcast will be available on the Company’s website at www.stmaryland.com.
St. Mary’s conference presentation will also be available at th... |
| |
| 04/06/09 | ST. MARY PROVIDES UPDATE ON HAYNESVILLE SHALE PROGRAM| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that the
Companys first operated Haynesville shale well, the Johnson Trust 1-2
(SM 90% WI), was recently completed and turned to sales. The well,
located in the Spider Field in central De Soto Parish, Louisiana, had a
total measured depth of 15,100 feet, and was completed with a 10 stage
hydraulic fracture treatment over the 3,400 foot lateral.
The 24 ho... |
| |
| 03/19/09 | ST. MARY TO PRESENT AT HOWARD WEIL CONFERENCE| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that the
Company's Chief Executive Officer and President, Tony Best, will present
at the Howard Weil 37th Annual Energy Conference at 4:20 pm
central time on Monday, March 23, 2009, at the Sheraton New Orleans
Hotel, located at 500 Canal Street, New Orleans, LA. A copy of the
presentation will be available on the Company's website beginning
Monday, March 23, 2... |
| |
| 02/23/09 | ST. MARY PROVIDES GUIDANCE FOR 2009 AND OPERATIONS UPDATE|
Full year production guidance range of 101.0 to 104.0 BCFE
Company reiterates intention of investing at or within cash flow
for exploration and development activities; current 2009 capital
investment estimate is $341 million
First operated Haynesville shale well is drilled and will be
completed in early March 2009
Operated test wells planned for Eagle Ford and Marcellus shales
... |
| |
| 02/23/09 | ST. MARY ANNOUNCES RETIREMENT FROM BOARD OF DIRECTORS| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) today announces that Mark
Hellerstein, Chairman of the Board of Directors, will retire from the
Board effective at the 2009 annual meeting of stockholders to be held in
May, after 17 years of service. The Board anticipates appointing Bill
Sullivan, a member of the Board since 2004, to succeed Mr. Hellerstein
as Chairman of the Board at that time.
The Company's Boar... |
| |
| 02/23/09 | ST. MARY REPORTS 2008 EARNINGS AND 2008 YEAR-END RESERVES|
St. Mary Reports Results for Fourth Quarter of 2008 and Proved
Reserves as of Year-End 2008
Record quarterly production of 30.0 BCFE exceeds guidance of
28.0 29.0 BCFE
Reported GAAP net loss of ($126.0 million), or ($2.01) per
diluted share; pre-tax non-cash impairments of $336.3 million had
significant impact on earnings
Adjusted net income of $27.1 million, or $... |
| |
| 02/03/09 | ST. MARY SCHEDULES FOURTH QUARTER AND FULL YEAR 2008 EARNINGS CONFERENCE CALL| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE:SM) is scheduled to release
earnings for the fourth quarter and full year of 2008 after the close of
trading on the NYSE on February 23, 2009. The teleconference to discuss
these results is scheduled for February 24, 2009 at 8:00 a.m. Mountain
time (10:00 a.m. Eastern time). The call participation number is
888-811-1227. An audio replay of the call will be available
approxim... |
| |
| 01/08/09 | ST. MARY TO PRESENT AT PRITCHARD CAPITAL PARTNERS CONFERENCE| DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) announces that the
Company's Executive Vice President and Chief Operating Officer, Jay
Ottoson, will present at Pritchard Capital Partners’ Energize 2009
Conference at 10:55 am Pacific time on Tuesday, January 13, 2009, at the
Westin Market Street, located at 50 Third Street, San Francisco, CA. A
copy of the presentation will be available on the Company's website
beginn... |
| |
| 01/06/09 | ST. MARY ANNOUNCES EXCHANGE FOR PERMIAN BASIN ASSETS| Transaction furthers the strategic shift toward resource plays
Production for 2009 to be impacted by approximately 2.0 BCFE due
to exchange
DENVER--(BUSINESS WIRE)--
St. Mary Land & Exploration Company (NYSE: SM) today announces it has
exchanged its non-operated position at the Judge Digby Field for an
increased position in its operated Sweetie Peck assets in the Wolfberry
tight oil program in West Texas and cash.
... |
| |