EnerJex Resources Reports Operating Income for the First Quarter and Increased Production

EnerJex Resources, Inc. announce financial results from its first quarter ended June 30, fiscal 2009. The Company, which first began acquiring oil leases in April 2007, has delivered its first positive income from operations of $24,710. For the three months ended June 30, 2008, oil and natural gas revenues were $1.69 million. Oil sales volumes on a net revenue basis were 17,875 barrels compared to... 

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Aztec Oil & Gas Announces Completion and Production of the First of Two New West Virginia Wells

Aztec Oil & Gas, Inc. previously announced that the Company had completed the drilling of two new wells for its Aztec 2007A Limited Partnership. The wells, Williams #1 and #2, were drilled in Tyler County, West Virginia to a depth of approximately 5,000 feet each. Logs on both wells indicated substantial reserves. Today, Aztec is announcing that it has completed perforating and fracing of the... 

Mountain Top ethanol plant will be one of five proposed in Pennsylvania

Gov. Ed Rendell made a rare appearance in August at a picnic in a small town tucked in the Central Pennsylvania mountains. While there, the governor threw his support behind a proposed ethanol plant in Clearfield County, promising it would be the first in the Pennsylvania. Across the state, developers are touting ethanol plants as a source of clean energy and good-paying jobs. Some were met with community...