Daily Activity Report Pending; SRE Raises Earnings Guidance -- June 30, 2020

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Sempra Energy over at SeekingAlpha:

Sempra Energy raises earnings guidance, completes exit from South America.

Sempra Energy issues upside earnings guidance for FY 2020, now seeing adjusted EPS of $7.20-$7.80 from prior guidance of $6.70-$7.50 and above analyst consensus estimate $7.06.

Sempra also says the completion of the sale of its Chilean businesses concludes the exit from all South American operations, resulting in $5.82B in combined cash proceeds.

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Back to the Bakken

Active rigs:

$39.66	6/30/2020	06/30/2019	06/30/2018	06/30/2017	06/30/2016
Active Rigs	10	61	67	58	30

Five new permits, #37673 - #37677, inclusive --

• Operator: MRO
• Field: Reunion Bay (Mountrail)
• Comments:
• MRO has permits for a five-well pad sited in SWSE 31-151-93, Reunion Bay, all 407' FSL and about 1700' FEL
• it should be noted that the scout ticket for permit #37672 has still not been posted;

General area for the proposed 5-well MRO pad: