News

2011 Proven Reserves Increases By Over 1/3rd In Last 9 Months

<P style="MARGIN: 0in 0in 10pt" class=MsoNormal><FONT face=Calibri>December 7, 2011: Hathaway LLC just completed their 2011 year end reserve analysis. Total Proven Gross Reserves have increased by... more

12/07/11

2011 Summer Drilling Program Complete/2012 Plans

Bakersfield, CA: Hathaway LLC just completed a 4 well drilling package and has commenced production on all 4 wells. A 6th horizontal well was completed in the Jasmin Field along with an additional... more

9/30/11

Hathaway LLC Tops Inc. 5000 List Among Oil and Gas Producers in the Energy Sector

Bakersfield, CA: Hathaway LLC made the Inc. 5000 list of the fastest growing privately held companies in the United States. Amoung the Energy Sector which includes all types of Energy related... more

8/31/11

Hathaway LLC Completes 5th Successful Horizontal Well at Jasmin

Bakersfield 12/15/10: Hathaway LLC just completed drilling its 5th successful Horizontal well in its Jasmin Field. Well 306H-10 was completed in over 980’ of high quality oil sand and was placed... more

12/27/10

Hathaway LLC Completes Acquisition of 50% WI Partner at Jasmin Property

Bakersfield, CA: Hathaway LLC completed the acquisition of Bonanza Creek Energy Operating Companies 50% WI in the Jasmin Oil Field. Hathaway LLC now has a 100% WI in the field. "This transaction... more

5/01/10

Hathaway Partners LLC Completes Two Well Drilling Project in Kern Front Field

Hathaway LLC forms Hathaway Partners LLC and Completes Most Recent Drilling Program more

1/28/10

Continued Reserve Growth in 3rd Quarter 2009

DENVER, CO 10-1-09: MHA Petroleum Consultants has finished preparing Hathaway LLC's third quarter reserve report. As of October 1, 2009 Hathaway LLC's proved recoverable reserves PDP, PNP, PUD on... more

10/01/09

Hathaway LLC Seeking Operations Engineer

<P>Bakersfield, CA, May 26, 2011: Hathaway LLC is looking for a common sense oriented team player who is safey centered to be part of one of the fastest growing E&P compaines in California. Heavy oil... more

5/26/11

Bakersfield Life Magazine Reconizes Chad Hathaway as a Top 10 Person To Watch in Kern County

Hathaway LLC's owner is reconized as one of Kern County's Top 10 People to Watch by Bakersfield Life Magazine. more

9/01/09

Hathaway LLC Proven Reserves Exceeds 2 Million Barrels

DENVER, CO: MHA Petroleum Consultants has finished preparing Hathaway LLC's first quarter recoverable reserve report. As of April 21, 2009 Hathaway LLC's proved recoverable reserves PDP, PNP, PUD on... more

4/20/09

Which Part of the US Has Growing Economy?

Bakersfield, California is known for three things: Buck Owens, Merle Haggard, and oil. All three were always pretty good at sad songs. But oil's boom over the last year has helped rejuvenate... more

10/13/08

As Oil Prices Soar, Kern County Enjoys Resurgence

Times were tough and crude was cheap, as low as $12 a barrel, when fourth-generation oilman Chad Hathaway started his drilling and production business seven years ago. more

7/14/08

Every last drop: Investments flow into Kern oil fields

Back when Kern County crude was selling for a mere $52 a barrel, Bruce Holmes risked his quarter-of-a-million-dollar retirement fund to drill a single well outside of Maricopa. more

5/24/08

Industry touts economic benefits of expansion

With a $5,000 loan from his mother, Chad Hathaway leased six oil wells from the state in 2001 that were orphaned by small producers bankrupted when oil prices plunged in the mid-1980s. more

2/14/08

Young Oil and Gas Producers: A Vanishing Breed?

Who says a 27-year-old can't become a successful independent operator? Not Chad Hathaway, who did it "his way" using wells destined for plugging and abandonment. more

9/12/03