PRB Energy, Inc. announced the election by the Board of Directors of Paul L. Maddock, Jr. (Jay) and Sigmund J. Rosenfeld to its Board of Directors effective February 1, 2007.
Robert W. Wright, Chairman and CEO, stated, “We are exceptionally pleased that Mr. Maddock and Mr. Rosenfeld are joining our board. Both Jay and Sig bring [...]

PRB Energy, Inc. announced closing of the previously announced transaction involving the acquisition of 13 wells, consisting of 12 gas wells and one water disposal well, and approximately 330,000 net acres in northeast Colorado and southwest Nebraska for $11.7 million in cash. The production and future development activities are in the Niobrara formation. As previously [...]

PRB Energy, Inc. announced closing of the previously announced transaction involving the acquisition of 13 wells, consisting of 12 gas wells and one water disposal well, and approximately 330,000 net acres in northeast Colorado and southwest Nebraska for $11.7 million in cash. The production and future development activities are in the Niobrara formation. As previously [...]

PRB Energy, Inc., (”PRB” or the “Company”) (AMEX:PRB ) today announced the acquisition of approximately 630 coal-bed methane wells on 29,500 acres from Pennaco Energy, Inc. on June 30, 2006. PRB is the principal gas gatherer for these wells.
Of the 630 wells, fewer than 200 are currently producing at a rate of between 2.5 to [...]