EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]

MV Oil Trust announced the Trust distribution of Net Profits for the second quarterly payment period ended June 30, 2008.
Unitholders of record on July 15, 2008 will receive a distribution amounting to $7,454,968 or $.64825809 per unit payable July 25, 2008.
Volumes, Price and Net Profits for the Payment Period were:
Volume (BOE) 251,174
Proceeds (BOE) [...]

Grey Wolf, Inc. announced that Proxy Governance, Inc., a leading independent proxy voting advisory firm, has recommended that Grey Wolf stockholders vote in favor of the proposed merger with Basic Energy Services, Inc. at the upcoming Special Meeting of Stockholders scheduled for July 15, 2008. As previously announced, Egan-Jones also has recommended that Grey Wolf [...]

Goodrich Petroleum Corporation announced the pricing of its previously announced offering of 3,000,000 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission.
All of the shares offered will be sold at a price to the public of $64.00 per share. Net proceeds from the offering, estimated at $183.9 [...]

Grey Wolf, Inc. announced the recommendation from Egan-Jones Proxy Services, a leading independent proxy voting advisory firm, that Grey Wolf stockholders vote in favor of the proposed merger with Basic Energy Services, Inc. at the upcoming Special Meeting of Stockholders scheduled for July 15, 2008.
“Our Board of Directors strongly and unanimously believes that the Basic [...]

Geokinetics Inc. announced that the Company’s Board of Directors has approved an increase to the Company’s capital expenditure budget for the year ended December 31, 2008. The approved amount has been increased to $80.0 million, up 24 percent from $64.7 million.
In response to robust customer demand for the Company’s seismic data acquisition and processing services, [...]

Petrosearch Energy Corporation announced that its wholly owned subsidiary, Barnett Petrosearch L.L.C., has agreed to sell its 5.54455% limited partnership interest in DDJET Limited LLP (“DDJET”) to Cinco County Barnett Shale LLC (“Cinco”), one of the other two partners in DDJET, for a cash purchase price of $36,000,000. Cinco paid to Barnett Petrosearch $1,800,000 as [...]

Teton Energy Corporation announced today that it successfully syndicated its three-year $150 million bank credit facility to a group of four domestic banks. The facility was originally underwritten by JPMorgan Chase Bank, N.A., which will continue to act as the administrative agent on the facility. Joining JPMorgan in the bank group are Royal Bank of [...]

La Cortez Energy, Inc. is pleased to announce the appointment of Mr. Jaime Ruiz Llano to the Company’s Board of Directors.
Jaime Ruiz Llano has been involved in government affairs in Colombia for the past 20 years. Mr. Ruiz has held various high level government positions throughout his career. In 1991, Mr. Ruiz was elected as [...]

Dimension Resources Ltd. said it failed to get approval from the South African Reserve Bank to acquire a diamond-mining business in South Africa.
The company also said it did not get a company that produces oil for bio-diesel as it could not secure title to company’s assets.
The company reported it widened its full-year pretax net loss [...]