Empire Energy Corporation International announced that, along with its wholly owned subsidiary Great South Land Minerals Ltd. (GSLM), it has signed both a Note for AUD $5 million and a Memorandum of Understanding governing formation of a Joint Venture that could cancel the Note and supply up to AUD $40 million of additional funding.
The Note [...]
ReoStar Energy Corp has just published the results of its operations for the Fiscal Year (FY) ended March 31, 2008. The Company’s previous fiscal year-end for 2007 reflects activity only for the three months ending March 31, 2007 due to the accounting treatment of the partnership interests merged into the Company. In certain instances, the [...]
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 [...]
Storm Cat Energy Corporation provided an update of its operations in the Company’s Arkansas Fayetteville Shale acreage.
The first three of the Company’s 2008 Fayetteville development program wells are now on production and tied into sales, two of which have undergone State of Arkansas Form 13 testing. Each well continues to produce significant volumes of fracturing [...]
Teton Energy Corporation announced today its participation in the Collins Stewart Fourth Annual Growth Conference to be held at the Mandarin Oriental Hotel in New York, NY on July 8-10, 2008.
Karl F. Arleth, President and Chief Executive Officer, and Lonnie R. Brock, Executive Vice President and Chief Financial Officer, are scheduled to present on Tuesday, [...]
Victory Energy Corporation announced today it has received permit approval from the Texas Railroad Commission Oil and Gas Division to drill a second 12,500 foot well. This permit is in the Corporation’s current gas play in the Texas Permian Basin.
The permit is for the Strawn Limestone formation, located at a depth of approximately 12,500 feet. [...]
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 [...]
Victory Energy Corporation (OTC BB:VYEY.OB) announced today it has engaged consultants, industry experts in horizontal drilling technology, for the Canyon Sandstone formation. The horizontal drilling evaluation is for the Corporation’s gas play in the Texas Permian Basin.
The consultants are optimistic that horizontal drilling can be successfully adopted for the Canyon Sandstone formation due to the [...]
Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]
