South Texas Oil Company provided an interim operations update and asset overview. With the appointment of new management in late June 2008, the Company has clearly defined its core operating areas and plans for growing production and reserves. Overview South Texas Oil is an independent oil and natural gas exploration and production company with three core operating areas: — The Gulf Coast...
Granite Energy, Inc. (OTC: GNGI.PK – News; the company), today announced that its board of directors has unanimously approved, and the company has subsequently closed on its acquisition of Irving Technical Drilling, Inc. Irving Technical Drilling (ITC) is a Nevada-based corporation with operations in Texas and Oklahoma. Granite Energy targeted the ITC acquisition as it allows the company the...