UHC New Mexico Corp., a subsidiary of United Heritage Corp., sold its producing and non-producing oil and gas properties in the Permian Basin on March 30 to Midland, Texas-based Cano Petroleum Inc.
The properties were sold for $7 million in cash and 404,204 shares of Cano’s restricted stock. The stock can not be traded for a [...]
Jeff Johnson, Chairman & CEO, of Cano Petroleum Inc. , will be featured live on Market News First (http://www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for Jan. 15, 2007 at 4:00PM CST.
Cano Petroleum Inc., an independent oil and gas company, engages in the acquisition, development, and operation of [...]
US Petroleum Depot, Inc., a subsidiary of Universal Property Development and Acquisition Corporation, has finalized the infrastructure design and is preparing to permit its petroleum storage facilities located in the Port of Brownsville, Texas and will soon launch the planned trading of petroleum condensate produced in Mexico by Petroleos Mexicanos (PEMEX) (www.pemex.com).
The storage facility [...]
