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 [...]
Quest Resource Corporation announced the appointment of Thomas A. Lopus as Executive Vice President - Quest Eastern Resource. Lopus will be based in Pittsburgh, Pennsylvania and will direct all of Quest’s natural gas and oil exploration and production activity in the Eastern United States.
With more than 27 years of experience in the oil and [...]
Quest Resource Corporation (NasdaqGM:QRCP) (”Quest”) announced today the pricing of a follow-on public offering of 8,800,000 shares of its common stock at a price of $10.25 per share. Quest has also granted the underwriters a 30-day over-allotment option to purchase up to an additional 1,320,000 shares of its common stock. The offering is expected to [...]
Tri-Valley Corporation has exceeded 2,000 barrels of oil equivalent per day (BOED) rate with total field production recorded at 2,058.3 BOED from its 43 active producing wells on six California properties. This surpasses the original year end 2008 Company Plan of 2,000 BOED by more than six months.
“With tested productive capacity of individual wells now [...]
Quest Resource Corporation announced today that it has commenced, subject to market conditions, an underwritten public offering of approximately 8.4 million shares of its common stock, par value $0.001 per share. Quest also intends to grant the underwriters a 30-day option to purchase up to approximately 1.26 million additional shares to satisfy any over-allotments.
Quest intends [...]
Cabot Oil and Gas will buy 25,000 acres of oil-producing properties in east Texas, as well as production infrastructure, for $602.8 million.
The purchase was from a private party, Cabot said, and is near existing Cabot properties in the Minden area.
Cabot estimated the purchased fields have proved reserves of 176 billion cubic feet of equivalent.
“We view [...]
Parallel Petroleum Corporation has announced its estimated second quarter 2007 production, work-in-progress well operations, a change in its method of recognizing proved undeveloped (PUD) reserves related to its horizontal drilling gas projects and revised proved reserves as of March 31, 2007.
Estimated Second Quarter 2007 Production
Parallel’s estimated net daily production for the second quarter ended June [...]
BreitBurn Energy Partners L.P. announced it has signed a definitive agreement to acquire high quality oil properties in the Permian Basin of West Texas for approximately $29.0 million from Voyager Gas Corporation. BreitBurn is acquiring the Lazy JL Field, which has total proved reserves of approximately 2 million barrels of oil equivalent (MMboe) and [...]
New Frontier Energy, Inc. has hired CTA Integrated Communications (CTA) to develop and implement a national investor relations and media relations program that will target investors, money managers, and securities analysts along with various business/financial publications and broadcast media. CTA will also deliver enhancements to the corporate and investor relations website throughout the [...]
Infinity Energy Resources, Inc. announced that it will host a Corporate Operations Update conference call on Tuesday, January 23, 2007 at 2:00 p.m. Eastern Time.
Webcast / Conference Call
The Company announced that it will host a conference call at 2:00 p.m. Eastern Time on Tuesday, January 23, 2007, in order to give investors a Corporate Operations [...]
