EnDevCo, Inc., the Energy Development Company, announce that it has engaged one of the nation’s leading investment banking firms to assist the Company in securing capital to finance substantial near term production and income growth. The firm has completed its due diligence, prepared a private placement memorandum and is currently in the market seeking financing [...]

Aspen Group Resources Corporation announced that it holds a working interest in 6 gas wells in Oklahoma that have been drilled by Conoco-Phillips. It was recently discovered that Aspen had retained a small interest in the leases from a previous sale, and upon further investigation Aspen received confirmation of its interest. These 6 gas wells [...]

Beacon Redevelopment Industrial Corporation announced that it entered into negotiations to acquire a ten year lease with an option to purchase a riverfront property to form the company’s coal distribution center.
The location, totaling 8.4 acres, in Sewickley Township, Westmoreland County, Pennsylvania, is situated on the Youghiogheny River. A working railroad runs through the property, [...]

Lexaria Corp. announce that Belmont Lake oil field in Mississippi is expected to be back into production next week. For the first time our wells will be producing with the aid of artificial lift (pumping).
We now have our first good early indications of the potential for this oil field. It is the Company’s goal that [...]

Victory Energy Corporation announced drilling has progressed into the deep Strawn Limestone formation to approximately 11,500 feet on deep well 154-6. This well is one of two deep Strawn Limestone wells located in the Corporation’s Crockett County gas play in the Texas Permian Basin.
Victory’s drilling contractor reports that well 154-6 has a very strong showing [...]

EnerJex Resources, Inc. announce financial results from its first quarter ended June 30, fiscal 2009. The Company, which first began acquiring oil leases in April 2007, has delivered its first positive income from operations of $24,710. For the three months ended June 30, 2008, oil and natural gas revenues were $1.69 million.
Oil sales volumes on [...]

EnDevCo, Inc., the Energy Development Company, announced today that preparations for the 2nd horizontal well at Short Junction Field have been completed. The drilling site for the upcoming WSJU #111 StH well has been prepared and is ready to accept the rig.
“There are multiple processes involved in preparing for a new well,” stated Chris A. [...]

EnDevCo, Inc., the Energy Development Company, announce that it has executed an oil sale and purchase agreement with a major United States oil company. EnDevCo has agreed to sell and deliver crude oil and/or condensate produced from the Company’s Short Junction Field in Cleveland County, Oklahoma. Under the terms of the agreement, EnDevCo will receive [...]

Victory Energy Corporation told the press that the company today drilling progress on the two deep Strawn Limestone gas wells. The wells are located in the Corporation’s Crockett County gas play in the Texas Permian Basin.
Victory’s drilling contractor reports the two Strawn Limestone gas wells are at 7,700 and 7,000 feet in depth. Both wells [...]

Victory Energy Corporation has just published a report saying that the drilling progress on the two deep Strawn Limestone gas wells. The wells are located in the Corporation’s Crockett County gas play in the Texas Permian Basin.
Victory’s drilling contractor reports the two Strawn Limestone gas wells are at 7,700 and 7,000 feet in depth. Both [...]