Mariner Energy, Inc. (NYSE: ME) is a growth-oriented oil and gas company with diversified operations in the Permian Basin and the Gulf of Mexico, both in the deepwater and on the shelf. We pursue a balance of projects ranging from high-impact exploration projects in the deepwater to relatively low-risk, repeatable projects onshore. This strategy is designed to create a moderate overall risk profile while affording our stockholders the significant potential upside of an active deepwater exploration company.
As of December 31, 2008, Mariner had approximately 974 billion cubic feet equivalent of natural gas (Bcfe) of proved reserves, of which approximately 57% were natural gas and 43% were oil, condensate, and natural gas liquids. Total net production in 2008 was approximately 118 Bcfe, and net production averaged 324 million cubic feet equivalent of natural gas (MMcfe) per day.
Mariner has been in business since 1983. In March 2006, Mariner stock was listed and began trading on the New York Stock Exchange under the ticker symbol ME.
Mariner rings The Closing BellSM on the New York Stock Exchange on Friday, March 2, 2007 at market close in celebration of its one-year anniversary as a listed company on the NYSE.
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HOUSTON, TX, Mar 01, 2010 (MARKETWIRE via COMTEX) -- Mariner Energy, Inc. (NYSE: ME) today reported fiscal fourth-quarter and full-year 2009 financial and operating results. For the three months ended December 31, 2009, the company reported net income of $83.3 million or $0.83 per basic and $0.82 per diluted share, compared with a loss of $648.9 million or $7.41 per basic and diluted share for the same period in the prior year. For the full year ended December 31, 2009, the company reported a ne...
HOUSTON, TX, Feb 25, 2010 (MARKETWIRE via COMTEX) -- Mariner Energy, Inc. (NYSE: ME) announced today that it will begin posting monthly estimated production data on its website: www.mariner-energy.com under the tab titled "Production." The volumetric production data will be presented by product and the company's operating regions, which as of January 1, 2010 are the Permian Basin, Gulf Coast and Gulf of Mexico Deepwater and Gulf of Mexico Shelf. Mariner plans to post the production data to the w...
HOUSTON, TX, Feb 22, 2010 (MARKETWIRE via COMTEX) -- Mariner Energy, Inc. (NYSE: ME) announced today that it has scheduled a conference call for 10:30 a.m. Eastern Time (9:30 a.m. Central Time) on Monday, March 1, 2010 to discuss full-year and fourth-quarter 2009 financial and operating results. Mariner expects to release a summary of financial results before trading opens on the New York Stock Exchange on Monday, March 1, 2010.
To participate in the conference call, callers in the United Stat...
HOUSTON, TX, Feb 02, 2010 (MARKETWIRE via COMTEX) -- Mariner Energy, Inc. (NYSE: ME) today announced results from an independent, fully engineered analysis of the company's properties prepared by the Ryder Scott Company, L.P. The report is based on a detailed study of Mariner's properties and assumes average hydrocarbon prices for the 12-month period ending December 31, 2009 in accordance with the requirements of the Securities & Exchange Commission (SEC). Prices used for this report were $6...
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