Point Roberts, WA. October 12, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert for Osage Exploration and Development, Inc. (OTCBB: OEDV). The stock is trading at $0.50, up 0.15 (42.86%) on light volume in this morning’s trading session.
The stock reached its 52 -week high of $0.62 following news of expanding its acreage on the Mississippian project and has pulled back recently to around $0.30 on low volume as oil prices fell.
The Company reported the following update in September: Osage Exploration and Development, Inc. (OTCBB: OEDV), along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, is pleased to announce that we have been able to continue to increase our net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Wednesday, October 12, 2011
Thursday, October 6, 2011
Red Fork Energy Limited (ASX: RFE) News; Wire-line Log Results Confirm Very Large Reservoir Tahara #1-28H Well, Pawnee County, Oklahoma
October 6, 2011 (Investorideas.com Newswire) Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company, Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to provide the following summary of the results of the comprehensive wire-line logging operations conducted on its first long lateral in the Mississippi Lime formation in Pawnee County, Oklahoma.
The Company engaged Schlumberger to run and analyze a full suite of open hole logs, including Triple Combo (with ELAN analysis), FMI and Sonic logs of the full length of the lateral in the recently drilled, cased and cemented Tahara #1-28H well.
Based on the analysis of data from these logging operations Schlumberger have provided estimates of OOIP place, identifying 58.4mmbo per square mile (640 acre section) or 109.26 barrels of oil per acre foot.
The Company expects that this OOIP result will deliver a very large increase in recoverable reserves per square mile (640 acres section). Using a conservative recovery factor the recoverable reserves per section could be as much as three times the current reported industry average. In addition to the OOIP, the Company expects to recover additional associated (high BTU) gas based on a factor of between 3mcf and 5mcf per barrel
Importantly, analysis of the logs identified approximately 835 feet of oil filled fractures encountered in interbedded Mississippi Limestone and chert throughout the length of the lateral. The lateral was generally positioned in the center of the Mississippi Limestone formation in an area of interbedded limestone and chert intervals, with cuttings typically showing a percentage of both limestone and chert.
Work to finalize the perforation and reservoir stimulation plan is now underway and data from this comprehensive logging operation will be incorporated in the final design of the completion plan as the well is prepared for production. Gas and water lines are being extended to existing sales and disposal infrastructure to service this well and the Abunda #1-21H well that is currently being drilled from this twin well location.
Commenting on this release, Red Fork Managing Director, David Prentice, said, "We are very pleased that this analysis of data from our first long lateral in the Mississippi in Pawnee County has delivered these very significant estimates of oil in place."
"This is a strong endorsement of the methodologies we used in the selection of our acreage in this exciting play in Oklahoma and we are looking forward to continuing our efforts in securing additional infill select high-grade acres in the play and progressing our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company�s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company�s Annual Reports, as well as the Company�s other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
The Company engaged Schlumberger to run and analyze a full suite of open hole logs, including Triple Combo (with ELAN analysis), FMI and Sonic logs of the full length of the lateral in the recently drilled, cased and cemented Tahara #1-28H well.
Based on the analysis of data from these logging operations Schlumberger have provided estimates of OOIP place, identifying 58.4mmbo per square mile (640 acre section) or 109.26 barrels of oil per acre foot.
The Company expects that this OOIP result will deliver a very large increase in recoverable reserves per square mile (640 acres section). Using a conservative recovery factor the recoverable reserves per section could be as much as three times the current reported industry average. In addition to the OOIP, the Company expects to recover additional associated (high BTU) gas based on a factor of between 3mcf and 5mcf per barrel
Importantly, analysis of the logs identified approximately 835 feet of oil filled fractures encountered in interbedded Mississippi Limestone and chert throughout the length of the lateral. The lateral was generally positioned in the center of the Mississippi Limestone formation in an area of interbedded limestone and chert intervals, with cuttings typically showing a percentage of both limestone and chert.
Work to finalize the perforation and reservoir stimulation plan is now underway and data from this comprehensive logging operation will be incorporated in the final design of the completion plan as the well is prepared for production. Gas and water lines are being extended to existing sales and disposal infrastructure to service this well and the Abunda #1-21H well that is currently being drilled from this twin well location.
Commenting on this release, Red Fork Managing Director, David Prentice, said, "We are very pleased that this analysis of data from our first long lateral in the Mississippi in Pawnee County has delivered these very significant estimates of oil in place."
"This is a strong endorsement of the methodologies we used in the selection of our acreage in this exciting play in Oklahoma and we are looking forward to continuing our efforts in securing additional infill select high-grade acres in the play and progressing our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company�s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company�s Annual Reports, as well as the Company�s other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Visit the Red Fork Energy Limited (ASX: RFE) profile page
Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Wednesday, September 28, 2011
Energy Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Acquires Lands-Reduces Royalties
CALGARY, ALBERTA - September 28, 2011 (Investorideas.com energy stocks newswire) � Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that the Company and its joint venture partner ("Partnership") have outright acquired a portion of the lands that comprised the rolling farmout agreement ("Agreement") that the Partnership entered into in February of this year with a private oil and gas company (the "Vendor").
The acquisition consists of 24 sections of land. The Partnership is only required to pay approximately a 6% royalty on production from the acquired lands to the Vendor as opposed to the variable royalty of 7.5% to 12.5% under its previous Agreement. Total consideration paid to the Vendor for the acquisition was $661,637 ($330,818 net to Aroway).
Chris Cooper, President & CEO commented, "This acquisition falls in line with the Company's strategy to build and control our existing land base in our core area. The Partnership will capitalize economically almost immediately with the royalty payments cut in half in some cases on certain wells going forward, which will benefit Aroway's bottom line."
Aroway paid 50% of the total consideration for the acquisition, and will pay 50% of all costs associated with the development of the lands to earn 50% of all revenue generated.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
The acquisition consists of 24 sections of land. The Partnership is only required to pay approximately a 6% royalty on production from the acquired lands to the Vendor as opposed to the variable royalty of 7.5% to 12.5% under its previous Agreement. Total consideration paid to the Vendor for the acquisition was $661,637 ($330,818 net to Aroway).
Chris Cooper, President & CEO commented, "This acquisition falls in line with the Company's strategy to build and control our existing land base in our core area. The Partnership will capitalize economically almost immediately with the royalty payments cut in half in some cases on certain wells going forward, which will benefit Aroway's bottom line."
Aroway paid 50% of the total consideration for the acquisition, and will pay 50% of all costs associated with the development of the lands to earn 50% of all revenue generated.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Monday, September 26, 2011
Energy News: Telkonet (OTCBB: TKOI), Selected to Install Energy Management Platform at Prestigious Military Academy
September 26, 2011 (Investorideas.com Newswire) - Telkonet, Inc. (OTCBB: TKOI.OB), developer of the EcoSmart energy management platform, announced today that a prestigious United States military academy is the latest military institution to deploy its innovative network-enabled energy-saving technology.
As a technology provider for one of the nation's premier energy service companies, Telkonet was awarded a contract for $226,000 to provide the SmartEnergy platform in academy residence halls.
Jason Tienor, Telkonet CEO, said, "We're excited to continue demonstrating the substantial energy savings that Telkonet's SmartEnergy Suite can provide in residence hall applications. This particular deployment displays the flexibility of our field services division as well as the design flexibility of our technology. We're honored to have been selected for this project and look forward to working with the academy."
Telkonet will install a network-enabled SmartEnergy energy management system, including intelligent networked thermostats, occupancy sensors, and door contacts. An integral component of the solution is the online management platform, which will allow the military academy to monitor and control each in-room HVAC system remotely. The SmartEnergy system, which employs Telkonet's patented Recovery TimeTM technology, will optimize energy savings in unoccupied rooms while also ensuring that the thousands of cadets attending the academy stay comfortable when occupying their rooms.
To date, academy administrators have been unable to avoid excessive heating and cooling of unoccupied residence halls. The SmartEnergy system will improve local control and give the property management team the capability to monitor the health and efficiency of the HVAC systems themselves while minimizing energy consumption.
For almost two decades, the energy service company responsible for enabling energy efficiency upgrades at the military academy has collaborated with customers to deliver energy savings through comprehensive and cost-effective efficiency and infrastructure services. Telkonet has had the privilege of serving this ESCO on several other military installations and is participating in project development on several additional opportunities.
"We're pleased to have been selected to perform this upgrade as part of our strategic partnership. We're also confident the cadets will appreciate the comfort improvements and the Academy will find enormous value in the reduced energy and maintenance cost," Tienor said.
Both the energy service company and the military academy have built their foundations on the principles of excellence and integrity, and Telkonet is proud to have been chosen as a vendor partner for this efficiency improvement project.
As a technology provider for one of the nation's premier energy service companies, Telkonet was awarded a contract for $226,000 to provide the SmartEnergy platform in academy residence halls.
Jason Tienor, Telkonet CEO, said, "We're excited to continue demonstrating the substantial energy savings that Telkonet's SmartEnergy Suite can provide in residence hall applications. This particular deployment displays the flexibility of our field services division as well as the design flexibility of our technology. We're honored to have been selected for this project and look forward to working with the academy."
Telkonet will install a network-enabled SmartEnergy energy management system, including intelligent networked thermostats, occupancy sensors, and door contacts. An integral component of the solution is the online management platform, which will allow the military academy to monitor and control each in-room HVAC system remotely. The SmartEnergy system, which employs Telkonet's patented Recovery TimeTM technology, will optimize energy savings in unoccupied rooms while also ensuring that the thousands of cadets attending the academy stay comfortable when occupying their rooms.
To date, academy administrators have been unable to avoid excessive heating and cooling of unoccupied residence halls. The SmartEnergy system will improve local control and give the property management team the capability to monitor the health and efficiency of the HVAC systems themselves while minimizing energy consumption.
For almost two decades, the energy service company responsible for enabling energy efficiency upgrades at the military academy has collaborated with customers to deliver energy savings through comprehensive and cost-effective efficiency and infrastructure services. Telkonet has had the privilege of serving this ESCO on several other military installations and is participating in project development on several additional opportunities.
"We're pleased to have been selected to perform this upgrade as part of our strategic partnership. We're also confident the cadets will appreciate the comfort improvements and the Academy will find enormous value in the reduced energy and maintenance cost," Tienor said.
Both the energy service company and the military academy have built their foundations on the principles of excellence and integrity, and Telkonet is proud to have been chosen as a vendor partner for this efficiency improvement project.
Robert McIntosh, President & C.E.O. of American Petro-Hunter, Inc. (OTCBB: AAPH), Goes Over the Details of Recent American Petro-Hunter, Inc. News in New Audio Interview at SmallCapVoice.com
AUSTIN, Texas - September 26, 2011 (Investorideas.com energy newswire) - SmallCapVoice.com, Inc. announced today that a new audio interview featuring American Petro-Hunter, Inc. (OTC.BB:AAPH) is now available. The interview can be heard at here
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and investor information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/ services.html.
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and investor information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/ services.html.
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Request News and Info on AAPH
Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Wednesday, September 21, 2011
Red Fork Energy Limited (ASX: RFE) News; Independent Reserve Certification Year Ended June 30, 2011
September 21, 2011 (Investorideas.com Newswire) Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company, Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to present its reserve position as at June 30, 2011 following independent certification by petroleum engineers, Lee Keeling & Associates, Inc ("Lee Keeling").
The table below outlines the oil and gas reserves attributable to the Company's projects in Oklahoma as well as the Net Present Values attributable to these reserves. Importantly, this does not include any reserves attributable to Red Fork's recently acquired Mississippian acreage.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are pleased to have been able to maintain our independently certified reserves at stable levels for the year ended June 30, 2011 despite lower prices and forward curve assumptions for natural gas."
"We see significant value to be unlocked in our East Oklahoma shale gas project under an improved pricing environment for natural gas and we are also particularly pleased with the momentum we are gaining in our mid-stream business."
"Development of our large Mississippian oil holdings is also progressing very well and we expect to be in a position to update the market on reserves for that project following the completion of our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Reserve Certification Statement:
The independent certification of these reserves was undertaken by Lee Keeling. Lee Keeling are engaged by the Company each year to review and prepare a report on the Company's oil and gas reserves. Lee Keeling are petroleum consultants based in the United States with offices in Tulsa and Houston. Lee Keeling provide specific engineering services to the oil and gas industry, and consults on all aspects of petroleum geology and engineering for both domestic and international projects and companies. Lee Keeling have consented to the release of this reserves information.
Notes & Assumptions:
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company's plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's Annual Reports, as well as the Company's other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
The table below outlines the oil and gas reserves attributable to the Company's projects in Oklahoma as well as the Net Present Values attributable to these reserves. Importantly, this does not include any reserves attributable to Red Fork's recently acquired Mississippian acreage.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are pleased to have been able to maintain our independently certified reserves at stable levels for the year ended June 30, 2011 despite lower prices and forward curve assumptions for natural gas."
"We see significant value to be unlocked in our East Oklahoma shale gas project under an improved pricing environment for natural gas and we are also particularly pleased with the momentum we are gaining in our mid-stream business."
"Development of our large Mississippian oil holdings is also progressing very well and we expect to be in a position to update the market on reserves for that project following the completion of our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Reserve Certification Statement:
The independent certification of these reserves was undertaken by Lee Keeling. Lee Keeling are engaged by the Company each year to review and prepare a report on the Company's oil and gas reserves. Lee Keeling are petroleum consultants based in the United States with offices in Tulsa and Houston. Lee Keeling provide specific engineering services to the oil and gas industry, and consults on all aspects of petroleum geology and engineering for both domestic and international projects and companies. Lee Keeling have consented to the release of this reserves information.
Notes & Assumptions:
- All of these reserves are from shale gas, conventional oil and gas and coal bed methane accumulations, at depths ranging from 400 to 5,000 feet. The producing zones range in age from Pennsylvanian to Cambrian and are located in the Cherokee basin of Oklahoma in the US.
- NPV10 (Net Present Value at a10% discount) values are in US dollars and are for Red Fork's Net Revenue Interest.
- The reserves are based on an oil price of US$85.00 per barrel flat and a starting gas price of US$4.58 per Mmbtu escalated to a maximum of US$7.00 per Mmbtu for the life of each well.
- Volumes presented are for Red Fork's 100% Working Interest in each of its projects.
- Barrel of Oil Equivalent (boe) is calculated on a 6:1 conversion of gas to oil.
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company's plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's Annual Reports, as well as the Company's other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Visit the Red Fork Energy Limited (ASX: RFE) profile page
Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Tuesday, September 20, 2011
Oil and Gas Stocks News; American Petro-Hunter (OTCBB: AAPH) Spuds Second Horizontal Well at North Oklahoma Project
SCOTTSDALE, AZ � September 20, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to announce the commencement of drilling at the NOW-2H horizontal oil well at the Company's North Oklahoma Mississippi Project. The drill rig has arrived onsite and spud activity commenced immediately.
As previously reported, the NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the producing NOM-1H. Once the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600-foot lateral leg drilled directly along the over 100-foot-thick limestone of the Mississippi formation pay zone.
Drilling should take between 15-18 days to reach total depth (T.D.), after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
Company President Robert McIntosh states, "The NOW2-H well is the second of 11 wells to be drilled in the flourishing North Oklahoma Mississippi Lime Play which is rapidly becoming one of the premier oilfields in the country. With literally 100s of horizontal wells drilled and already producing, reservoir development in this region of the mid-continent is moving forward and creating news virtually every day." Mr. McIntosh continues, "American Petro-Hunter enjoys an enviable position with access to some of the best leases in the entire play and the Company is committed to an aggressive drilling schedule with plans to start a new well every 60 days so that we can maximize net production as quickly as possible."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the UnitedStates Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
As previously reported, the NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the producing NOM-1H. Once the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600-foot lateral leg drilled directly along the over 100-foot-thick limestone of the Mississippi formation pay zone.
Drilling should take between 15-18 days to reach total depth (T.D.), after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
Company President Robert McIntosh states, "The NOW2-H well is the second of 11 wells to be drilled in the flourishing North Oklahoma Mississippi Lime Play which is rapidly becoming one of the premier oilfields in the country. With literally 100s of horizontal wells drilled and already producing, reservoir development in this region of the mid-continent is moving forward and creating news virtually every day." Mr. McIntosh continues, "American Petro-Hunter enjoys an enviable position with access to some of the best leases in the entire play and the Company is committed to an aggressive drilling schedule with plans to start a new well every 60 days so that we can maximize net production as quickly as possible."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the AAPH showcase profile at Investorideas.com
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Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Growth in Horizontal Shale Plays: (OTCBB: AAPH), (NYSE: CHK), (NYSE:HES)
Point Roberts , WA. - September 20, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research, issues a trading and industry snapshot on the growth in horizontal share plays.
According to a recent article in Futures.mag.com, horizontal shale plays are on the rise."
With 1,934 rigs currently working onshore the US, the number of rigs has increase by 308 over the year, spurred by increased drilling and development in various shale plays across the nation. An overwhelming majority of the wells currently being drilled are horizontal at 1,137."
Junior oil and gas company, American Petro-Hunter, Inc. (OTCBB: AAPH) announced September 8 th it is moving ahead with operations at the NOW-2H horizontal oil well site at the Company's North Oklahoma Project. All field preparations have been completed and readied for the arrival of the drilling rig.
The NOW-2H horizontal well is a direct 160 acre offset to, and ½ mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. According to the company, "The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October."
Hess Corporation (NYSE:HES) announced September 8 th it had acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million.
Frac Tech International, LLC independent provider of oil and natural gas well stimulation services with expertise in high-pressure hydraulic fracturing filed a $1.15 billion IPO this month, evidencing the growth of horizontal drilling in the US and in particular shale plays.
Their customers include Chesapeake Energy Corporation (NYSE: CHK ), Anadarko Petroleum Corporation (NYSE: APC), El Paso Corporation (NYSE: EP ), Marathon Oil Corporation (NYSE:MRO) , Petrohawk Energy (owned by BHP Billiton Ltd.), Range Resources Corporation (NYSE: RRC ) and XTO Energy (owned by Exxon Mobil Corporation). Chesapeake Energy Corporation (NYSE: CHK ) is the largest US player in horizontal shale plays and is most active driller of new wells in the U.S.
Frac Tech revenues have grown from $214.4 million in 2006 to $1,286.6 million in 2010, a compound annual growth rate of 56.5%. According to the filing, "We are benefitting from a number of positive industry developments, including a dramatic increase in the amount and efficiency of horizontal drilling activity, an increase in the number of hydraulic fracturing stages per well and an increase in drilling activity in oil- and liquids-rich shale formations."
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com - lists over 600 stocks
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Featured Oklahoma Oil and Gas Stock
American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County, Kansas and the North Oklahoma Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/AAPH/
Get news and stock alerts for AAPH
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Disclosure: AAPH is a paid showcase energy stock on Investorideas.com (third party, averages three thousand per month)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800 665 0411
According to a recent article in Futures.mag.com, horizontal shale plays are on the rise."
With 1,934 rigs currently working onshore the US, the number of rigs has increase by 308 over the year, spurred by increased drilling and development in various shale plays across the nation. An overwhelming majority of the wells currently being drilled are horizontal at 1,137."
Junior oil and gas company, American Petro-Hunter, Inc. (OTCBB: AAPH) announced September 8 th it is moving ahead with operations at the NOW-2H horizontal oil well site at the Company's North Oklahoma Project. All field preparations have been completed and readied for the arrival of the drilling rig.
The NOW-2H horizontal well is a direct 160 acre offset to, and ½ mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. According to the company, "The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October."
Hess Corporation (NYSE:HES) announced September 8 th it had acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million.
Frac Tech International, LLC independent provider of oil and natural gas well stimulation services with expertise in high-pressure hydraulic fracturing filed a $1.15 billion IPO this month, evidencing the growth of horizontal drilling in the US and in particular shale plays.
Their customers include Chesapeake Energy Corporation (NYSE: CHK ), Anadarko Petroleum Corporation (NYSE: APC), El Paso Corporation (NYSE: EP ), Marathon Oil Corporation (NYSE:MRO) , Petrohawk Energy (owned by BHP Billiton Ltd.), Range Resources Corporation (NYSE: RRC ) and XTO Energy (owned by Exxon Mobil Corporation). Chesapeake Energy Corporation (NYSE: CHK ) is the largest US player in horizontal shale plays and is most active driller of new wells in the U.S.
Frac Tech revenues have grown from $214.4 million in 2006 to $1,286.6 million in 2010, a compound annual growth rate of 56.5%. According to the filing, "We are benefitting from a number of positive industry developments, including a dramatic increase in the amount and efficiency of horizontal drilling activity, an increase in the number of hydraulic fracturing stages per well and an increase in drilling activity in oil- and liquids-rich shale formations."
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com - lists over 600 stocks
http://www.investorideas.com/OGSN/Stock_List.asp
Featured Oklahoma Oil and Gas Stock
American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County, Kansas and the North Oklahoma Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/AAPH/
Get news and stock alerts for AAPH
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online
Disclosure: AAPH is a paid showcase energy stock on Investorideas.com (third party, averages three thousand per month)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800 665 0411
Monday, September 19, 2011
Energy Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Closes in on Year-End Production Target
CALGARY, ALBERTA - September 19, 2011 (Investorideas.com energy stocks newswire) � Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that the Company is ahead of schedule on its 2011 year end production target of 600 boe/day. Aroway's current net production is 530 boe/day which is made up of 76% oil, 22% gas and 2% natural gas liquids from the Company's Peace River Arch core area. Aroway expects to surpass its 2011 production target before year-end as the Company continues its recompletion program and the partnership's latest drilled wells are tested and brought online.
Chris Cooper, President & CEO commented, "This is a tremendous accomplishment for Aroway Energy and our joint venture partner. We have worked diligently to ensure we meet all of our targets and expectations that we communicate to our shareholders. The Company's growth over the past year from a small 4 section farm-in with no production, to almost surpassing our year-end target today coupled with our rolling option on 96 sections of land with 3 months remaining in 2011 is a formidable achievement."
During the remainder of 2011, the Company and its joint venture partner will continue its exploration and development program with an additional 2 wells to be drilled before year-end pending regulatory approval and rig availability. The partnership continues to be active pursuing land acquisition opportunities which will increase the Company's strategic foot print in the Peace River Arch core area.
The Company will release material information with respect to new wells and future land acquisitions as the exploration strategy permits.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company's plans and other aspects of the Company's anticipated future operations, management focus, strategies, financial and operating results and business opportunities. Forward-looking statements typically use words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. In particular, this press release contains forward-looking statements relating, but not limited to:
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Chris Cooper, President & CEO commented, "This is a tremendous accomplishment for Aroway Energy and our joint venture partner. We have worked diligently to ensure we meet all of our targets and expectations that we communicate to our shareholders. The Company's growth over the past year from a small 4 section farm-in with no production, to almost surpassing our year-end target today coupled with our rolling option on 96 sections of land with 3 months remaining in 2011 is a formidable achievement."
During the remainder of 2011, the Company and its joint venture partner will continue its exploration and development program with an additional 2 wells to be drilled before year-end pending regulatory approval and rig availability. The partnership continues to be active pursuing land acquisition opportunities which will increase the Company's strategic foot print in the Peace River Arch core area.
The Company will release material information with respect to new wells and future land acquisitions as the exploration strategy permits.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company's plans and other aspects of the Company's anticipated future operations, management focus, strategies, financial and operating results and business opportunities. Forward-looking statements typically use words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. In particular, this press release contains forward-looking statements relating, but not limited to:
- drilling and development plans including the timing of drilling and completion of wells;
- recompletion prospects and amounts therefrom;
- Aroway's business strategy;
- Aroway's future prospects for development and growth;
- anticipated future production.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Friday, September 16, 2011
Energy Investor Alert: Osage (OTCBB: OEDV) and PetroQuest (NYSE:PQ) Announce Mississippian Formation Acreage Acquisitions
Point Roberts, WA. - September 16, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks reports on recent news and developments in the Mississippian Formation play.
Earlier this week Osage Exploration and Development, Inc. (OTCBB: OEDV) reported, along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, had increased the net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
On Tuesday, PetroQuest Energy, Inc. (NYSE:PQ) announced it had closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases.
Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and subsequent sell-down, the Company has approximately 24,000 net acres in Pawnee, Grant and Kay Counties in Oklahoma and Sumner County, Kansas and expects to spud its first well targeting the Mississippian Lime near the end of the year.
For a visual depiction of the horizontal drilling technique that OEDV will be utilizing in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com http://www.investorideas.com/OGSN/Stock_List.asp
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Earlier this week Osage Exploration and Development, Inc. (OTCBB: OEDV) reported, along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, had increased the net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
On Tuesday, PetroQuest Energy, Inc. (NYSE:PQ) announced it had closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases.
Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and subsequent sell-down, the Company has approximately 24,000 net acres in Pawnee, Grant and Kay Counties in Oklahoma and Sumner County, Kansas and expects to spud its first well targeting the Mississippian Lime near the end of the year.
For a visual depiction of the horizontal drilling technique that OEDV will be utilizing in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com http://www.investorideas.com/OGSN/Stock_List.asp
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Thursday, September 15, 2011
Red Fork Energy Limited (ASX: RFE) News; Progress Report Tahara #1-28H Well Pawnee County, Oklahoma
September 15, 2011 (Investorideas.com Newswire) Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company, Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") advises that as of 7.00am Central Time on September 12, 2011 the Tahara #1-28H successfully reached its target depth of 8,139 feet.
Approximately 4,200 feet of lateral was successfully drilled in the Mississippi formation, with mud logs and samples confirming several good shows of oil and gas throughout the length of the lateral. Shows of oil were observed in cuttings across some broad zones within the lateral, with numerous gas readings above background also recorded, again over broad zones within the lateral section.
Entry of the lateral in the Mississippi section was determined by open hole log evaluation of wells that penetrated the Mississippi in the immediate area. Production history from vertical Mississippi wells indicates that both the Mississippi Solid and the Mississippi Chat are productive. Based on log evaluation and available production data, the lateral was positioned approximately in the middle of the section. Sample examination indicates that the lateral encountered interbedded limestone and chert beds.
Importantly the Company was able to successfully drill the full designed lateral length without any operational or technical difficulties.
The lateral section of the well will now be prepared for open hole logging activities (full suite of Schlumberger logs). Immediately following this, operations to hang and cement the production liner will commence.
Finally the well will be shut-in awaiting completion operations, which will include perforation of the casing and a multi-stage fracture stimulation program.
Commenting on this release, Red Fork Managing Director, David Prentice, said, "We are very pleased that our operations team and preferred contractors have been able to deliver our first long Mississippian lateral without encountering any operational or technical difficulties. We are also excited that the well bore has encountered oil and gas in broad zones within the Mississippi formation in several zones across the length of the lateral and we look forward to providing further updates as completion operations get underway".
Yours faithfully
David Prentice
Managing Director
Approximately 4,200 feet of lateral was successfully drilled in the Mississippi formation, with mud logs and samples confirming several good shows of oil and gas throughout the length of the lateral. Shows of oil were observed in cuttings across some broad zones within the lateral, with numerous gas readings above background also recorded, again over broad zones within the lateral section.
Entry of the lateral in the Mississippi section was determined by open hole log evaluation of wells that penetrated the Mississippi in the immediate area. Production history from vertical Mississippi wells indicates that both the Mississippi Solid and the Mississippi Chat are productive. Based on log evaluation and available production data, the lateral was positioned approximately in the middle of the section. Sample examination indicates that the lateral encountered interbedded limestone and chert beds.
Importantly the Company was able to successfully drill the full designed lateral length without any operational or technical difficulties.
The lateral section of the well will now be prepared for open hole logging activities (full suite of Schlumberger logs). Immediately following this, operations to hang and cement the production liner will commence.
Finally the well will be shut-in awaiting completion operations, which will include perforation of the casing and a multi-stage fracture stimulation program.
Commenting on this release, Red Fork Managing Director, David Prentice, said, "We are very pleased that our operations team and preferred contractors have been able to deliver our first long Mississippian lateral without encountering any operational or technical difficulties. We are also excited that the well bore has encountered oil and gas in broad zones within the Mississippi formation in several zones across the length of the lateral and we look forward to providing further updates as completion operations get underway".
Yours faithfully
David Prentice
Managing Director
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Wednesday, September 14, 2011
Energy Stock News; Osage Exploration and Development (OTCBB: OEDV), along with Its Partners Slawson and U.S. Energy Development Corporation, Increase Net Acreage to 15,000 in Nemaha Ridge Horizontal Mississippi Project
SAN DIEGO, CA - September 14, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV), along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, is pleased to announce that we have been able to continue to increase our net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"Slawson Exploration as Operator is focused on drilling the project in the fourth quarter this year, yet is bringing a tremendous amount of leadership to the land acquisition process as well. The synergy that has been created by the contribution of U.S. Energy on the land side, coupled with Slawson's and our own efforts, has increased the overall acquisition efficiency dramatically from my perspective," stated Kim Bradford, Chairman and CEO.
"Our approach has been and continues to be acquiring land that we feel is highly prospective, given the substantial amount of well control that we have. At no time have we acquired acreage that we feel might be marginally productive, instead we have leased in high-graded, geologically significant areas east of the Nemaha Ridge. Slawson is moving forward with a timetable of drilling our first wells later this year, because our stated goal is to drill every one of our leasehold acres," stated Greg Franklin, VP Exploration and Director.
For a visual depiction of the horizontal drilling technique that will be utilized in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
About Osage Exploration and Development, Inc.
Based in San Diego, California, with production offices in Oklahoma City, Oklahoma, and executive offices in Bogot�, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, Kansas, with regional offices in Denver, Houston, and Oklahoma City, Slawson began oil and gas exploration in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usedc.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Figure 1. EIP-1 Controller
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"Slawson Exploration as Operator is focused on drilling the project in the fourth quarter this year, yet is bringing a tremendous amount of leadership to the land acquisition process as well. The synergy that has been created by the contribution of U.S. Energy on the land side, coupled with Slawson's and our own efforts, has increased the overall acquisition efficiency dramatically from my perspective," stated Kim Bradford, Chairman and CEO.
"Our approach has been and continues to be acquiring land that we feel is highly prospective, given the substantial amount of well control that we have. At no time have we acquired acreage that we feel might be marginally productive, instead we have leased in high-graded, geologically significant areas east of the Nemaha Ridge. Slawson is moving forward with a timetable of drilling our first wells later this year, because our stated goal is to drill every one of our leasehold acres," stated Greg Franklin, VP Exploration and Director.
For a visual depiction of the horizontal drilling technique that will be utilized in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
About Osage Exploration and Development, Inc.
Based in San Diego, California, with production offices in Oklahoma City, Oklahoma, and executive offices in Bogot�, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, Kansas, with regional offices in Denver, Houston, and Oklahoma City, Slawson began oil and gas exploration in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usedc.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Figure 1. EIP-1 Controller
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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Request news and stock alerts for Osage Exploration and Development, Inc. (OEDV.OB)
Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
Thursday, September 8, 2011
Oil and Gas Stocks News; American Petro-Hunter's (OTCBB: AAPH) 2nd Horizontal Well at North Oklahoma Project Ready for Drilling
SCOTTSDALE, AZ � September 8, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today provides an update regarding ongoing operations at the NOW-2H horizontal oil well site at the Company's North Oklahoma Project. All field preparations have been completed and readied for the arrival of the drilling rig. The Company has been informed that we are next in line for the rig, which is anticipated to arrive on site shortly.
The NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
As previously reported, the Company has purchased full working interest participation in up to 11 additional horizontal wells within the play with the NOW-2H becoming the 2nd well implemented under the planned 11 well development program. The program is designed to accommodate the drilling of approximately one horizontal Mississippi formation well every 30 to 60 days.
Company President Robert McIntosh states, "The fall development drill program at the North Oklahoma Mississippi Project is now in full swing with the start of the drilling of the NOW2-H well. We have an aggressive drilling timetable ahead of us in order to fully develop these leases and to ensure we maximize the reservoir potential. After this next well is drilled, the engineers will evaluate the flow rates and oil cut to determine whether a slight stimulation or frack will be required to fully exploit the asset."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
The NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
As previously reported, the Company has purchased full working interest participation in up to 11 additional horizontal wells within the play with the NOW-2H becoming the 2nd well implemented under the planned 11 well development program. The program is designed to accommodate the drilling of approximately one horizontal Mississippi formation well every 30 to 60 days.
Company President Robert McIntosh states, "The fall development drill program at the North Oklahoma Mississippi Project is now in full swing with the start of the drilling of the NOW2-H well. We have an aggressive drilling timetable ahead of us in order to fully develop these leases and to ensure we maximize the reservoir potential. After this next well is drilled, the engineers will evaluate the flow rates and oil cut to determine whether a slight stimulation or frack will be required to fully exploit the asset."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the AAPH showcase profile at Investorideas.com
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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
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Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Wednesday, August 31, 2011
Investorideas.com - Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Information to Be Available Through Standard & Poor's Market Access Program
Investorideas.com - Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Information to Be Available Through Standard & Poor's Market Access Program
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Information to Be Available Through Standard & Poor's Market Access Program
CALGARY, ALBERTA - August 31, 2011 (Investorideas.com energy stocks newswire) – Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's MarketScope Advisor. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.marketscope.com.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Aroway Energy Inc. will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. Aroway is currently producing approximately 225 boe/day of oil, gas liquids and gas net to Aroway
Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
Contact:
Chris CooperAroway Energy Inc.President & CEOToll Free: 1-855-427-6929cooper@arowayenergy.com
Judy-Ann PottingerAroway Energy Inc.(604) 304-4090 or Cell: (604) 617-5290(604) 909-2679 (FAX)jpottinger@arowayenergy.comwww.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.(416) 363-7977 (FAX)info@investor3.ca
Richard AlbaneseStandard and Poor's Customer Contact212 438-3647richard_albanese@standardandpoors.com
Michael PriviteraStandard and Poor's Media Relations Contact212 438-6679michael_privitera@standardandpoors.com
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
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Published at www.Investorideas.com - Global research by sectors
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Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
More Investorideas.com Oil and Gas Investor content : www.OilandGasStockNews.com an energy stocks investor portal within InvestorIdeas.com provides investor research, energy stocks and industry commentary from Karl Miller, stock news and energy links as well as a directory of public companies within the oil and gas sector. Investors can follow energy news by subscribing to the energy stocks newswire at: http://www.investorideas.com/RSS/feeds/Energy.xmlOil and gas stocks - become a showcase energy stock on www.investorideas.com and its energy portals and blogs for as little as $1000 month !
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Information to Be Available Through Standard & Poor's Market Access Program
CALGARY, ALBERTA - August 31, 2011 (Investorideas.com energy stocks newswire) – Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's MarketScope Advisor. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.marketscope.com.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Aroway Energy Inc. will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. Aroway is currently producing approximately 225 boe/day of oil, gas liquids and gas net to Aroway
Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
Contact:
Chris CooperAroway Energy Inc.President & CEOToll Free: 1-855-427-6929cooper@arowayenergy.com
Judy-Ann PottingerAroway Energy Inc.(604) 304-4090 or Cell: (604) 617-5290(604) 909-2679 (FAX)jpottinger@arowayenergy.comwww.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.(416) 363-7977 (FAX)info@investor3.ca
Richard AlbaneseStandard and Poor's Customer Contact212 438-3647richard_albanese@standardandpoors.com
Michael PriviteraStandard and Poor's Media Relations Contact212 438-6679michael_privitera@standardandpoors.com
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Visit this company: www.arowayenergy.com
Visit the ARW showcase profile at Investorideas.com: http://www.investorideas.com/CO/ARW/
Request News and Info on ARW: http://www.investorideas.com/Resources/Newsletter.asp
More Info:
Published at www.Investorideas.com - Global research by sectors
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Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
More Investorideas.com Oil and Gas Investor content : www.OilandGasStockNews.com an energy stocks investor portal within InvestorIdeas.com provides investor research, energy stocks and industry commentary from Karl Miller, stock news and energy links as well as a directory of public companies within the oil and gas sector. Investors can follow energy news by subscribing to the energy stocks newswire at: http://www.investorideas.com/RSS/feeds/Energy.xmlOil and gas stocks - become a showcase energy stock on www.investorideas.com and its energy portals and blogs for as little as $1000 month !
Investorideas.com Newswire - Oil and Gas Stock Trading Alert; FXEN, XTXI, GPOR, CHK, (OTC:OEDV)
Investorideas.com Newswire - Oil and Gas Stock Trading Alert; FXEN, XTXI, GPOR, CHK, (OTC:OEDV)
Oil and Gas Stock Trading Alert; FXEN, XTXI, GPOR, CHK, (OTC:OEDV)
Point Roberts, WA- August 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks trading as of August 30th.
Crude Oil pared its early losses and closed sharply higher on Tuesday helped by strong equities and on rumors that Goldman Sachs has taken a massive long position in WTI crude as they believe that the oil is trading well below its fair value.
Mississippian Formation junior, Osage Exploration and Development, Inc. (OTCBB: OEDV) closed up at $0.51 on light trading. The Company reported earlier this month, that as of June 30, 2011 total current assets are $3,630,606 versus $421,685 a year earlier, an increase of 860%. It also reported total shareholders equity increased from $1,298,952 to $5,313,859 year over year, an increase of over 400%.
FX Energy, Inc. (NASDAQ:FXEN) soared 0.51 (8.78%) to $6.32. Earlier this month, the company had provided an update regarding ongoing exploration activity in Poland and the US.
Natural gas company, Crosstex Energy, Inc. (NASDAQ:XTXI) climbed 0.79 (7.74%) to $11.00.
Oklahoma City-based independent oil and natural gas exploration and production company, Gulfport Energy Corporation (NASDAQ:GPOR) closed higher by 1.27 (4.63%) at $28.70. The Company’s most recent news was its second quarter results August 4th, where it reported net income of $27.3 million on oil and natural gas revenues of $55.5 million, or $0.57 per diluted share
Chesapeake Energy Corporation (NYSE:CHK) added 0.66 (2.08%) to $32.43 . The stock has made some impressive gains over the past week for investors.
To View CHK Chart: http://chart.finance.yahoo.com/z?s=CHK&t=5d&q=l&l=on&z=l&a=v&p=s&lang=en-US®ion=US
Western Refining, Inc. (NYSE:WNR) ended the day at $17.89, up 0.23 (1.30%)
Delek US Holdings, Inc. (NYSE:DK) jumped 0.20 (1.37%) to closed at $14.79.
Sunoco, Inc. (NYSE:SUN) rose 0.85 (2.30%) to ended the day at $37.79.
Showcase oil and gas stock -
Junior Oil and Gas Company Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Visit the Osage (OTCBB: OEDV) company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com – lists over 600 stocks including Bakken stocks
http://www.investorideas.com/OGSN/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
800-665-0411
Source - Investorideas.com
Oil and Gas Stock Trading Alert; FXEN, XTXI, GPOR, CHK, (OTC:OEDV)
Point Roberts, WA- August 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks trading as of August 30th.
Crude Oil pared its early losses and closed sharply higher on Tuesday helped by strong equities and on rumors that Goldman Sachs has taken a massive long position in WTI crude as they believe that the oil is trading well below its fair value.
Mississippian Formation junior, Osage Exploration and Development, Inc. (OTCBB: OEDV) closed up at $0.51 on light trading. The Company reported earlier this month, that as of June 30, 2011 total current assets are $3,630,606 versus $421,685 a year earlier, an increase of 860%. It also reported total shareholders equity increased from $1,298,952 to $5,313,859 year over year, an increase of over 400%.
FX Energy, Inc. (NASDAQ:FXEN) soared 0.51 (8.78%) to $6.32. Earlier this month, the company had provided an update regarding ongoing exploration activity in Poland and the US.
Natural gas company, Crosstex Energy, Inc. (NASDAQ:XTXI) climbed 0.79 (7.74%) to $11.00.
Oklahoma City-based independent oil and natural gas exploration and production company, Gulfport Energy Corporation (NASDAQ:GPOR) closed higher by 1.27 (4.63%) at $28.70. The Company’s most recent news was its second quarter results August 4th, where it reported net income of $27.3 million on oil and natural gas revenues of $55.5 million, or $0.57 per diluted share
Chesapeake Energy Corporation (NYSE:CHK) added 0.66 (2.08%) to $32.43 . The stock has made some impressive gains over the past week for investors.
To View CHK Chart: http://chart.finance.yahoo.com/z?s=CHK&t=5d&q=l&l=on&z=l&a=v&p=s&lang=en-US®ion=US
Western Refining, Inc. (NYSE:WNR) ended the day at $17.89, up 0.23 (1.30%)
Delek US Holdings, Inc. (NYSE:DK) jumped 0.20 (1.37%) to closed at $14.79.
Sunoco, Inc. (NYSE:SUN) rose 0.85 (2.30%) to ended the day at $37.79.
Showcase oil and gas stock -
Junior Oil and Gas Company Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Visit the Osage (OTCBB: OEDV) company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com – lists over 600 stocks including Bakken stocks
http://www.investorideas.com/OGSN/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
800-665-0411
Source - Investorideas.com
Tuesday, August 30, 2011
Investorideas.com Newswire - Tuesday's Investor Idea: Oklahoma Oil and Gas Stocks (NYSE:CHK), OTCBB: OEDV), (NYSE:RRC), (NYSE: SD)
Investorideas.com Newswire - Tuesday's Investor Idea: Oklahoma Oil and Gas Stocks (NYSE:CHK), OTCBB: OEDV), (NYSE:RRC), (NYSE: SD)
Tuesday’s Investor Idea: Oklahoma Oil and Gas Stocks (NYSE:CHK), (OTCBB: OEDV), (NYSE:RRC), (NYSE: SD)
Point Roberts, WA. August 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks releases Tuesday’s trading idea for independent investors, Oklahoma oil and gas stocks. A snapshot of some of the player’s shows green across the board in today’s trading.
Oklahoma based Chesapeake Energy (NYSE: CHK ) has generated media and investor buzz on Seeking Alpha and other sources and is noted as a T Boone Pickens and Cramer favorite.
Oil is trading up at $88.65 +1.38 +1.58%. Oklahoma crude oil prices as of 5 p.m. Monday:
Oklahoma Sweet: Sunoco Inc. — $83.75 and Oklahoma Sour: Sunoco Inc. — $71.75. (http://newsok.com/ok)
Oklahoma Oil and Gas Trading Snapshot
Chesapeake Energy (NYSE: CHK ) trading at $32.08, up 0.31 (0.98%) 2:14PM EDT
Devon Energy Corporation (NYSE: DVN ) trading up at $66.97, up 0.96 (1.45%) 2:00PM EDT
Osage Exploration and Development, Inc. (OTCBB: OEDV) trading up at $.49, up 0.01 (2.08%)
Range Resources Corporation (NYSE: RRC ) trading up at $65.10, up 2.32 (3.70%) 2:02PM EDT
Red Fork Energy Limited (RFE.AX). Trading at $0.45
Sandridge Energy Inc. (NYSE: SD ) trading at $7.45, up 0.10 (1.36%) 2:02PM EDT
SandRidge Mississippian Trust (NYSE: SDT )
Investor Idea- Junior Oil and Gas Company Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Visit the Osage (OTCBB: OEDV) company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com – lists over 600 stocks including Bakken stocks
http://www.investorideas.com/OGSN/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
800-665-0411 - cvanzant@investorideas.com or dawn@investorideas.com
Source - Investorideas.com
Tuesday’s Investor Idea: Oklahoma Oil and Gas Stocks (NYSE:CHK), (OTCBB: OEDV), (NYSE:RRC), (NYSE: SD)
Point Roberts, WA. August 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks releases Tuesday’s trading idea for independent investors, Oklahoma oil and gas stocks. A snapshot of some of the player’s shows green across the board in today’s trading.
Oklahoma based Chesapeake Energy (NYSE: CHK ) has generated media and investor buzz on Seeking Alpha and other sources and is noted as a T Boone Pickens and Cramer favorite.
Oil is trading up at $88.65 +1.38 +1.58%. Oklahoma crude oil prices as of 5 p.m. Monday:
Oklahoma Sweet: Sunoco Inc. — $83.75 and Oklahoma Sour: Sunoco Inc. — $71.75. (http://newsok.com/ok)
Oklahoma Oil and Gas Trading Snapshot
Chesapeake Energy (NYSE: CHK ) trading at $32.08, up 0.31 (0.98%) 2:14PM EDT
Devon Energy Corporation (NYSE: DVN ) trading up at $66.97, up 0.96 (1.45%) 2:00PM EDT
Osage Exploration and Development, Inc. (OTCBB: OEDV) trading up at $.49, up 0.01 (2.08%)
Range Resources Corporation (NYSE: RRC ) trading up at $65.10, up 2.32 (3.70%) 2:02PM EDT
Red Fork Energy Limited (RFE.AX). Trading at $0.45
Sandridge Energy Inc. (NYSE: SD ) trading at $7.45, up 0.10 (1.36%) 2:02PM EDT
SandRidge Mississippian Trust (NYSE: SDT )
Investor Idea- Junior Oil and Gas Company Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Visit the Osage (OTCBB: OEDV) company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com – lists over 600 stocks including Bakken stocks
http://www.investorideas.com/OGSN/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
800-665-0411 - cvanzant@investorideas.com or dawn@investorideas.com
Source - Investorideas.com
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