CREDO Petroleum Corporation reported that its financial condition is sound and that the company is well positioned to capitalize on opportunities that may arise due to recent events in the U.S. and world financial markets.
In July CREDO completed a $16,675,000 stock sale. Working capital is approximately $27,400,000, consisting primarily of cash and short term investments, [...]

CREDO Petroleum Corporation updated operational activities. James T. Huffman, President, stated, “Since the last operational update, we have made good progress on both our drilling and Calliope projects. CREDO has recently drilled seven wells of which four are producers, yielding a 57% success rate. A total of eight new wells are either awaiting completion or [...]

Pioneer Drilling Company, Inc. announced that its Chief Financial Officer, Joyce M. Schuldt, has resigned from the Company, effective August 28. Schuldt joined Pioneer Drilling in July 2007.
In addition, Pioneer Director C. Robert Bunch has resigned from the Company’s Board of Directors, effective immediately. Bunch joined the Board in May 2004 and on May 2, [...]

The Hiland companies, Hiland Partners, LP told the press that The Board of Directors of Hiland Partners GP, LLC, the managing general partner of Hiland Partners, LP, today announced an increase in its cash distribution for the second quarter of 2008. The declared quarterly distributions on the Partnership’s common and subordinated units will increase to [...]

The Hiland companies, Hiland Partners, LP and Hiland Holdings GP, LP highlight the following quarterly distribution declarations.
Hiland Partners, LP
The Board of Directors of Hiland Partners GP, LLC, the managing general partner of Hiland Partners, LP, today announced an increase in its cash distribution for the second quarter of 2008. The declared quarterly distributions on [...]

Hiland Holdings GP, LP and Hiland Partners, LP has released an update news saying that the status of the Partnership’s product sales to certain affiliates of SemGroup, L.P. in response to the bankruptcy of SemGroup, L.P. and certain of its affiliates (”SemGroup”). As disclosed in the Partnership’s public filings with the Securities and Exchange Commission, [...]

Pioneer Drilling Company (Amex: PDC) announced that it has been notified by the American Stock Exchange (”AMEX”) that AMEX has accepted the Company’s plan to regain compliance with the AMEX continued listing standards and that the Company’s listing will be continued pursuant to an extension.
The Company previously submitted a plan to AMEX outlining its ability [...]

You don’t have to live in the city to get the services of City Service Valcon, which markets and distributes petroleum products throughout the Inland Northwest and Rocky Mountain regions of the US, as well as in the adjacent Plains states. Its products include gasoline, diesel, aviation fuels, lubricants, propane, and heating oil. The company [...]