Apr 04, 2019 (Market Exclusive via COMTEX) — EXTRACTION OIL & GAS, INC. XOG, +14.25% Files An 8-K Other Events
Item 8.01Other Events.
On April 4, 2019, Mark A. Erickson, Chairman and Chief Executive Officer of Extraction Oil & Gas, Inc. issued a letter to colleagues and shareholders informing them of a recently diagnosed medical condition. A copy of his letter is attached as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits.
Extraction Oil & Gas, Inc. Exhibit
EX-99.1 2 exhibit991april42019-erick.htm EXHIBIT 99.1 Exhibit Dear Colleagues and Shareholders -I am writing to let you know that I have recently been diagnosed with cancer. That’s the bad news. The good news is that I feel good and my doctors are confident that my condition is curable. Fortunately,…
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About EXTRACTION OIL & GAS, INC. XOG, +14.25%
Extraction Oil & Gas, Inc., formerly Extraction Oil & Gas, LLC, is an energy company. It is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin (the DJ Basin) of Colorado. It focuses on the development of the Codell and Niobrara formations. It offers its exploration and production processes in various steps, such as seismic, site preparation, drilling the well, completing the well, monitoring the well and reclaiming the site. The Company utilizes sound walls to mute or redirect noise caused by its operations. The Company uses an electric rig to manage its drilling operations. It uses vapor recovery units to capture emissions from storage facilities. It uses lease automatic custody transfer (LACT) units to collect oil from tanks in a closed-loop system that manages air emissions associated with the oil gathering and transportation process.
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