UP Energy LLC (Formerly Ultra Petroleum)

About

UP Energy LLC is a private energy company engaged in domestic natural gas and oil exploration, development and production focused on developing its long-life natural gas reserves in the Pinedale and Jonah Fields of Wyoming’s Green River Basin. Ultra controls more than 117,000 gross (83,000 net) acres in and around the prolific Pinedale and Jonah Fields.

Editor's note: Updated Sept. 20, 2020.

Headquarters Address

116 Inverness Drive East
Suite 400
Englewood, CO 80112
United States

Main Phone Number
Main Fax Number

New Financings

Report Date Type Amount (MM) Description
2019-07-11 Ultra Petroleum Corp. Debt

Ultra Petroleum Corp. has terminated its previously announced private offer to exchange…

Report Date Type Amount (MM) Description
2019-05-09 Ultra Petroleum Corp. Debt $90.00

Ultra Petroleum Corp. announced that its wholly owned subsidiary, Ultra Resources Inc., has…

Report Date Type Amount (MM) Description
2019-01-23 Ultra Petroleum Corp. Debt $24.00

Ultra Petroleum Corp. has entered into agreements to effect, subject to customary settlement procedures,…

Report Date Type Amount (MM) Description
2018-10-17 Ultra Petroleum Corp. Debt $556.00

Entered into an agreement with holders of approximately $556.4 million aggregate principal amount, or 79.…

Report Date Type Amount (MM) Description
2018-09-25 Ultra Petroleum Corp. Debt $1,300.00

In connection with the potential transaction, the company moved forward the semi-annual redetermination…

Activity Highlights

Ultra Petroleum Corp., according to IHS Markit, has completed a horizontal producer on the Pinedale Anticline that initially flowed 1.862 MMcf of gas, 48 bbl of condensate and 1.406 Mbbl of water per day. The #13-13-A-1H Warbonnet is in Section…

According to IHS Markit, a Pinedale Anticline venture was tested flowing 17.596 MMcf of gas, 422 bbl of oil/condensate and 5.05 Mbbl of water per day. Ultra Petroleum Corp.’s extended-reach horizontal well, #8-14-3H Warbonnet, is in Section 14-…

IHS Markit reported that Houston-based Ultra Petroleum Corp. completed an extended-reach horizontal well on the Pinedale Anticline that flowed 7.737 MMcf of gas, 115 bbl of oil/condensate and 7.857 Mbbl of water per day. The #8-25-A-2H Warbonnet…

Two more horizontal Lance producers on the Pinedale Anticline were completed by Ultra Petroleum Corp. in Sublette County, Wyo. The #8-25-A-1H Warbonnet is in Section 25-30n-108w and was tested flowing 28.5 MMboe per day (9% oil), which includes…

Ultra Petroleum Corp. announced results from another completion at its Warbonnet drillpad in Sublette County, Wyo. The #9-23-A-3H Warbonnet initially flowed 10.834 MMcf of gas, 146 bbl of oil/condensate and 4.445 Mbbl of water per day. The…

News

After struggling with nearly $2 billion of debt left on its balance sheets despite a previous restructuring, Ultra Petroleum, one of…

Chesapeake ignited a fight when it asked the U.S. Bankruptcy Court in Houston to approve breaking pipeline contracts, including with…

Some U.S. oil and gas companies, including Lilis Energy and Ultra Petroleum, have already breached covenants or admitted they cannot…

Two Bone Springs completions reported by EOG in the Permian Basin and Chesapeake Energy Haynesville Shale discoveries top this week’s…

Ultra Petroleum has selected Datrium to combat ransomware and recover from disasters with Datrium DRaaS (Disaster Recovery as a…

Transactions

Report Date Amount (MM) Description
2018-08-09 $75.00

Ultra To Sell All Utah Assets For $75 Million

Ultra To Sell All Utah Assets For $75 Million

Report Date Amount (MM) Description
2017-12-21 $115.00

Ultra Petroleum Exits Marcellus Shale In Alta Resources Deal

Ultra Petroleum Exits Marcellus Shale In Alta Resources Deal

Report Date Amount (MM) Description
2017-12-21 $115.00

Ultra Petroleum Exits Marcellus Shale In Alta Resources Deal

Ultra Petroleum Exits Marcellus Shale In Alta Resources Deal

Report Date Amount (MM) Description
2014-09-29 $925.00

Ultra Petroleum Wraps Up Pinedale Acquisition From Shell

Ultra Petroleum Wraps Up Pinedale Acquisition From Shell

Report Date Amount (MM) Description
2014-09-29 $925.00

Ultra Petroleum Wraps Up Pinedale Acquisition From Shell

Ultra Petroleum Wraps Up Pinedale Acquisition From Shell