Aztec Announces Partnership Update for Its Closed VIII Drilling Program
Aztec Oil & Gas, Inc. announced the progress of two of its partnerships formed under the Aztec VIII Oil & Gas Drilling Program which is now closed to subscriptions. The Aztec VIII-B Partnership closed June 17, 2009 and the Aztec VIII-C Partnership closed on August 31, 2009. Aztec Energy LLC acts as Managing General Partner for both partnerships and Aztec Drilling & Operating LLC acts...
Avro Energy Continues Work Programs in Northern Louisiana
Avro Energy, Inc. announce that further to the Company’s news release dated September 9, 2009, regarding the acquisition of the Muslow and Caddo Levee Board Leases in Caddo Parish, Louisiana, the Company has deferred payment for the leases until November 20, 2009, at which time $35,000 is due and payable, and an additional $35,000 is due and payable on December 20, 2009. This extension allows...
Kodiak Energy, Inc. and Subsidiary Cougar Energy, Inc. Announces Closing of Property Acquisition
Kodiak Energy, Inc. announces that its majority controlled subsidiary, Cougar Energy, Inc. (Cougar), has closed the property acquisition previously announced on August 11, 2009 consisting of wells, facilities and production from a private company with operations in and adjacent to the CREEnergy project. Additional information on the property acquisition is on our website at http://www.kodiakpetroleum.com/s/AdditionalProjects.asp. The...
Credo Petroleum Announces Drilling on Its First Horizontal Bakken Well
Credo Petroleum Corporation, an oil and gas exploration and production company with significant assets in the Mid-Continent and Rocky Mountain Regions, today provided an update on its horizontal Bakken drilling project. Credo entered the horizontal Bakken oil play in 2008 as part of its ongoing strategy to focus on developing oil production and reserves. To date, the company has acquired 6,100 gross...
Black Dragon Net Income for the First Two Quarters of 2009 Was Up 14%
Black Dragon Resource Companies, Inc.’s Dr. Gerald Bailey, CEO of Black Dragon, stated that net income for the first six months was $546,443, compared to 2008 of $477,470. This is a 14% increase. Oil and gas income was down 68% compared to 2008. Savings were achieved in administrative expenses which were down 78%, primarily due to non-recurring legal expenses from 2008. The large drop in oil...
K.P. Kauffman Company, Inc. Wins Lawsuit Defending Sale of Natural Gas
K.P. Kauffman Company, Inc., (KPK) prevailed in a class-action royalty underpayment case tried in Denver District Court. The jury returned its verdict in KPK’s favor on Monday, June 8, 2009, in the case of Helen Mleynek v. K.P. Kauffman Company, Inc. The win for KPK is a victory for natural gas producers in the state of Colorado. KPK successfully argued that it fulfilled its duty to market natural...
Energtek Anticipates Increase of NatGas Activities in India
Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced that additional Natural Gas (NG) production capacity, plus rebounding oil prices will increase the likelihood of significant revenues for the company’s subsidiary in India. Energtek announced earlier this month, that the company’s subsidiary Moregastech India Private Limited expects to report...
Minera IRL: Corihuarmi Mine Life Extended
Minera IRL Limited, the holding company of precious metals mining and exploration companies focused in Latin America announce the updated ore reserves and the results of the new Corihuarmi Life-of-Mine Plan. All new figures are effective 1 January 2009. The new resource was compiled by MIRL staff assisted by external consultants and audited by Coffey Mining. The resource is based upon a combination...
Additional Coal Applications Submitted to Saskatchewan Government
Micron Enviro Systems, Inc. announce that it has applied for additional coal permits that are contiguous to existing coal permits currently held by the Company. These applications are located within the “Durango Trend” of the coal deposits in Saskatchewan, Canada. This area is the host for the most recent discovery by Goldsource Mines Inc., whose stock price rose from $0.30 to over $19/share...
Magellan Energy Ltd. Announces Work Completion on the Thomas Martin Lease
Magellan Energy Ltd. a publicly traded independent oil and gas company, announces that it has completed all preliminary work on the Thomas D. Martin Lease in Morgan County, Tennessee. Citizens Gas has placed a large compressor where its Burrville gathering system ties into a 350 lb. pressure line. Citizens Gas receives its gas supply from the east Tennessee gas pipeline and from various local gas producing...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
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American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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