Allied Energy, Inc. provided the following report regarding its drilling, completion and production operations in Rogers County, Oklahoma for the following programs:
12-Well Program (USCBM)
The Begley #12-3 and Begley #12-4 wells are now in production with the Noble Brewer #12-1 and Noble Brewer #12-2 wells in the final stages of completion. Artificial lift systems are currently [...]

Global Resource Corp, a developer of a patent-pending microwave technology and machinery for extracting oil and gas, today announced that the Company successfully completed the testing of a commercial prototype of its microwave technology for economically converting hydrocarbons, into oil and gas, from a wide variety of sources. The Company said that as a result [...]

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 [...]

Mr. Arne Przybilla, President, Protec Industries Inc., announces that, following the signed agreements announced in last month’s news release, the Company has successfully arranged the financing for both Ukraine oil and gas projects. Protec has negotiated and signed a “Farm-Out” Joint-Venture (JV) Letter Agreement with Eurofund Capital Management Co. Ltd. and a high-profile 3rd party [...]

Kennametal Inc. announced today that it has signed a definitive agreement to acquire the assets of Tricon Metals & Services, Inc. Closing is planned for October 2008 and remains subject to negotiated conditions of closing. Tricon will become part of Kennametal’s Advanced Materials Solutions Group (AMSG), and the acquisition is expected to be accretive to [...]

Verona Development Corp. announce that it has entered into an agreement to purchase significant producing oil and gas assets in its core producing area of Gainsborough, in southeastern Saskatchewan, Canada.
The principal assets are 16 producing oil wells, of which ten are operated and produce to an operated working interest battery facility. Current production from the [...]

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. [...]

Uranium Energy Corp announce the finalization of drilling plans for the Company’s 100%-owned Nichols Project in Karnes County, Texas. The plan calls for 30 exploration holes for a total of approximately 18,000 feet of drilling. Permitting has been submitted and approved by the Texas Railroad Commission, Division of Surface Mining. Development of the Nichols Project [...]

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 [...]

Mesa Uranium Corp. is pleased to announce commencement of drilling at its 100%-owned Lisbon Valley project in San Juan County, Utah. Bob Beeman Drilling Company of Moab, Utah has been selected as the drilling contractor and Jet West Geophysical Services of Farmington, New Mexico will provide drill hole logging services. Drill programs have been designed [...]