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 [...]
J.A.G. Mines Ltd. would like to present a brief summary of its 2007-2008 oil and natural gas exploration reports realized on Lac St-Jean Property by a team led by Marc Richer-LaFleche, Ph.D., geologist and researcher at the National Institute of Scientific Research (NISR).
Lac St-Jean Property consists of 5 oil and gas research permits covering 99,945 [...]
Western Standard Energy Corp., an oil and gas exploration company, announced that it has entered into an agreement with East Dickinson Oil and Gas Co. to acquire a package of ten State of North Dakota oil & gas exploration leases in and around Dickinson, North Dakota. Western Standard has also acquired one State of North [...]
Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum’s senior management team. Funding of this line of equity will [...]
New Frontier Energy, Inc., a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States, today announced that it has finished preliminary testing of the Federal 12-1 well at the Focus Ranch Unit.
“We are pleased with the initial results for the Federal 12-1 well, and we [...]
Orbit Petroleum announces that effective October 20th, 2008 the Board of Directors has named Mike Myers as President of Orbit Petroleum, Inc. and President of the Company’s wholly owned subsidiary, Orbit Petroleum, Inc., Oklahoma, which is currently under a petition for reorganization under Chapter 11 of the United States Bankruptcy Code in Federal Court in [...]
Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that it has entered into a Third Forbearance Agreement (”the Agreement”) dated October 16, 2008 with Amegy Bank, N.A. (”Amegy”) under the Loan Agreement dated January 9, 2007, as amended and supplemented (the “Loan Agreement”).
“We are very pleased that Amegy [...]
Blugrass Energy Inc. has signed a Letter of Intent to acquire proven reserves of approximately 500,000Bbls of oil and approximately 1 Bcf of natural gas in Eastern Kentucky. Total price to be paid for the reserves is $759,000 plus 350,000 shares of restricted stock. It is anticipated the transaction will close prior to the end [...]
Coastal Media announced several actions it has recently taken including changing its name to Blugrass Energy Inc. and changing its stock symbol to (OTCBB:BLUG). Blugrass also announced the appointment of Leslie Schaefer as President and Director and Grace Sutherin as Chief Administrative Officer.
Blugrass Energy corporate offices will be located in Lexington, Kentucky. Blugrass Energy is [...]
Cambridge Energy Corporation announced that the Company has entered into a joint-venture agreement for production of the Gold River Mine Group, including noted properties with extensive mining histories and precious metal ore bodies that are geologically well documented including The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and [...]
