Point Roberts, WA. June 29, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a company profile for Oklahoma oil and gas stock, Red Fork Energy Limited (ASX: RFE). Red Fork has a large landholding in Oklahoma with leasehold and held by production acreage covering both proven producing oil and gas fields as well as highly prospective development acreage.
The stock has a 52wk trading range of $0.34 - $0.68.
Investor Hi- Lights
*Mississippian Acres increased to plus 50,000 net acres
*Red Fork now has an interest in approximately 250 high-grade sections across six Counties in the heart of the Mississippian play
*Majority interest established in approximately 55 high-grade sections
*Seismic data acquired and processed over one of the Company’s initial development areas
*Scheduled slots secured with preferred service company for completion operations
Red Fork Energy Limited - Showcase Oklahoma Oil and Gas Stock
Red Fork Energy Limited (ASX: RFE) is an Oklahoma based exploration and production company. Founded in 2004 and trading on the ASX under RFE, Red Fork is creating value for shareholders by securing acreage in lower risk proven oil and gas provinces in the US. The Company is utilizing its significant operational experience to unlock value in large resource type plays and build and develop these assets. Red Fork has a large landholding in Oklahoma with leasehold and held by production acreage covering both proven producing oil and gas fields as well as highly prospective development acreage. The company’s projects are all 100% owned and operated under very favorable terms, including Net Revenue interests ranging from 80% to as high as 87.5% on long-term leases. The company has a focus on low finding and development costs coupled with low operating costs in order to deliver high returns to shareholders. Recently Red Fork has positioned itself in what is considered to be one of the premier onshore US horizontal plays, with a large and growing acreage position in the heart of the exciting Mississippi Oil and liquids rich gas play in northern Oklahoma.
http://www.redforkenergy.com.au/
Big River Mississippi Project
PROJECT PROFILE
Location: Northern Oklahoma
Target: Oil, Liquids Rich Gas
Acreage: ~50,000 acres
Reserves: NA
Net Revenue Interest (NRI): +81.25%
Located in Northern Oklahoma, Red Fork's Big River project is exploiting an oil and liquids rich gas bearing Mississippi limestone formation (the "Mississippi Play"). The Mississippi play currently extends over approximately 6.5 million acres in northern Oklahoma in a proven, commercial trend which has produced from thousands of vertical wells for more than 50 years. This relatively new play is already being successfully developed by several large NYSE listed oil and gas companies, including Chesapeake Energy and Sandridge Energy who between them control approximately 2 million acres in the play. The play is considered to be one of the premier onshore US horizontal liquids plays with very competitive development costs and relatively high estimated ultimate recoveries delivering compelling economics. At Big River, Red Fork is strategically positioned with a large (and growing) acreage position in the heart of the play. Red Fork currently holds approximately 50,000 acres and the Company plans to drill and test five horizontal wells on this holding in calendar 2011.
Contact:
Australia
Level 2
79 Hay Street
Subiaco WA 6008
Ph: (08) 9200 4470
Fax: (08) 9200 4471
email: info@redforkenergy.com.au
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/RFE/
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Visit our showcase energy stocks at Investorideas.com . Read about hot oil and gas plays including the Mississippian Formation and Woodford Shale in Oklahoma
http://www.investorideas.com/OGSN/
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 sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
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.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Wednesday, June 29, 2011
Oil and Gas Stocks News; American Petro-Hunter (OTCBB: AAPH) Commences Oil Sales From Two New Wells at North Oklahoma Project
SCOTTSDALE, AZ � June 29, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is very pleased to advise that the inaugural sale of production from the NOM1H (horizontal well) and NOS122 oil wells will be shipped from the North Oklahoma Project storage tanks on July 1st to Sunoco, the purchaser of production from the project.
This inaugural oil shipment adds two more production wells to the Company's growing portfolio. These two wells add to production from the No. 1 and NOJ226 wells for a current total of four active producers on the North Oklahoma Project. When the anticipated commencement of production from the NOS227 well comes online shortly, it will bring to a total of five commercial wells in Oklahoma. The Company will be reporting production figures as oil is shipped from the tanks at month end once actual numbers are tabulated.
The Company is confident in establishing a cumulative daily net production total of 130 BPD over the next 30 days. This number represents production from 5 wells in Oklahoma and two in Kansas for a total of 7 wells. Additional barrels of oil and potentially significant BOE (barrels oil equivalent) of natural gas are anticipated once stable production rates are established.
Based on the aforementioned net barrels from all projects, the Company estimates $4.2 million a year cash flow projection at current prices. The injection of revenue will be instrumental in meeting our planned development costs as additional offsets to the producers, including another horizontal well, are now in the final planning and scheduling stages.
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
This inaugural oil shipment adds two more production wells to the Company's growing portfolio. These two wells add to production from the No. 1 and NOJ226 wells for a current total of four active producers on the North Oklahoma Project. When the anticipated commencement of production from the NOS227 well comes online shortly, it will bring to a total of five commercial wells in Oklahoma. The Company will be reporting production figures as oil is shipped from the tanks at month end once actual numbers are tabulated.
The Company is confident in establishing a cumulative daily net production total of 130 BPD over the next 30 days. This number represents production from 5 wells in Oklahoma and two in Kansas for a total of 7 wells. Additional barrels of oil and potentially significant BOE (barrels oil equivalent) of natural gas are anticipated once stable production rates are established.
Based on the aforementioned net barrels from all projects, the Company estimates $4.2 million a year cash flow projection at current prices. The injection of revenue will be instrumental in meeting our planned development costs as additional offsets to the producers, including another horizontal well, are now in the final planning and scheduling stages.
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
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)
Tuesday, June 28, 2011
Energy Stock Trading Alert; Osage (OTCBB: OEDV) Trading up over 13%
Point Roberts, WA - June 28, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert and stock chart for showcase energy company, Osage Exploration and Development, Inc. (OTCBB: OEDV). The stock is trading at $0.2, up 0.0350 (13.73%) in morning trading.
Osage Exploration and Development, Inc. (OTCBB: OEDV) is an independent exploration and production company with property Mississippian Formation.
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Recent Osage News:
Oil and Gas Stock News; Land Acquisition in Nemaha Ridge Mississippian Project Now in Excess of 11,000 Net Mineral Acres Reports Osage (OTCBB: OEDV) and Partners, Slawson and USEDC
"As we move forward in developing this project, we remain committed to expanding our footprint." - Kim Bradford, Chairman and CEO of Osage
SAN DIEGO, CA - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV), an independent exploration and production company, reports it continues to expand the Nemaha Ridge Mississippian prospect and has reached 11,000 net mineral acres across 40 sections in Logan County, Oklahoma. Partners in the project include Slawson Exploration Company as the Operator of the project, owning 45%, US Energy Development Corporation with 30%, and Osage Exploration has 25%.
Full news: http://www.investorideas.com/CO/OEDV/news/2011/06202.asp
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 26, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce that it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage’s Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
"We are very proud to have attracted such high quality partners for our horizontal Mississippian project. Not only do we have great financial partners, Slawson, as our Operator brings a wealth of horizontal drilling expertise having drilled over 150 Horizontal Bakken wells. I believe that the quality of our partners speaks to the quality of our project," stated Greg Franklin, Osage’s VP Exploration.
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
About 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
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
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
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Osage Exploration and Development, Inc. (OTCBB: OEDV) is an independent exploration and production company with property Mississippian Formation.
Visit the company showcase profile at Investorideas.com http://www.investorideas.com/CO/OEDV/
Recent Osage News:
Oil and Gas Stock News; Land Acquisition in Nemaha Ridge Mississippian Project Now in Excess of 11,000 Net Mineral Acres Reports Osage (OTCBB: OEDV) and Partners, Slawson and USEDC
"As we move forward in developing this project, we remain committed to expanding our footprint." - Kim Bradford, Chairman and CEO of Osage
SAN DIEGO, CA - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV), an independent exploration and production company, reports it continues to expand the Nemaha Ridge Mississippian prospect and has reached 11,000 net mineral acres across 40 sections in Logan County, Oklahoma. Partners in the project include Slawson Exploration Company as the Operator of the project, owning 45%, US Energy Development Corporation with 30%, and Osage Exploration has 25%.
Full news: http://www.investorideas.com/CO/OEDV/news/2011/06202.asp
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 26, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce that it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage’s Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
"We are very proud to have attracted such high quality partners for our horizontal Mississippian project. Not only do we have great financial partners, Slawson, as our Operator brings a wealth of horizontal drilling expertise having drilled over 150 Horizontal Bakken wells. I believe that the quality of our partners speaks to the quality of our project," stated Greg Franklin, Osage’s VP Exploration.
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
About 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
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
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
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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)
Monday, June 27, 2011
Energy Stocks Trading Alert; Aroway Energy Inc. (TSX.V: ARW) Trading up over 7%
Point Roberts, WA - June 27, 2011 (Investorideas.com Newswire) - www.InvestorIdeas.com and its leading Energy investor portals, announces a technical stock trading alert and stock chart for showcase Aroway Energy Inc. (TSX.V: ARW). The stock is trading up over 7% on news and was as high as up over 10% in early morning trading.
Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects.
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V: ARW; PINK: ARWJF) Announces Increased Oil Production
"CALGARY, ALBERTA - June 27, 2011 (Investorideas.com energy stocks newswire) - Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to report that the Company's first well of the 2011 drilling program has been on a stable production for 20 days and is producing oil, natural gas liquids and gas from the targeted Leduc formation. The well was placed on restricted flow rate in late May, and in early June the well began to produce oil. Based on the present well pressures and the operators' conservative production practises, the well is expected to stabilize at a rate of 400 boe/day, 200 boe/day net to Aroway. The oil produced from the well is produced and pipelined to a facility owned by the Company's Joint Venture Partner and well operator. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.
The Company also reports that total depth has been reached on the third well of the 2011 drilling program. The well encountered numerous potential hydrocarbon bearing zones in the Triassic deposits and based on the drilling logs, the well will be evaluated in each of the prospective zones. A 100 meter pipeline tie-in has begun and will be complete in the next week, and the well will be production tested directly into the pipeline. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.”
Full Article: http://www.investorideas.com/CO/ARW/news/2011/06271.asp
About Aroway Energy Inc.:
Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects. Aroway is currently participating in two exploration wells which are programmed to a total depth into the Leduc formation in the Peace River Arch area of Alberta. The Company will pay 75% of all costs to earn 50% of all revenues in the exploration program. http://www.arowayenergy.com/s/Home.asp
Contact Aroway Energy Inc
Judy-Ann Pottinger
Aroway Energy Inc.
604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Visit the company's showcase page at http://www.investorideas.com/CO/ARW/
Visit the Company's website at
www.arowayenergy.com
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
Disclaimer: The following Aroway Energy Inc news is paid for on behalf of ARW ($2000) per month. 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.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects.
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V: ARW; PINK: ARWJF) Announces Increased Oil Production"CALGARY, ALBERTA - June 27, 2011 (Investorideas.com energy stocks newswire) - Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to report that the Company's first well of the 2011 drilling program has been on a stable production for 20 days and is producing oil, natural gas liquids and gas from the targeted Leduc formation. The well was placed on restricted flow rate in late May, and in early June the well began to produce oil. Based on the present well pressures and the operators' conservative production practises, the well is expected to stabilize at a rate of 400 boe/day, 200 boe/day net to Aroway. The oil produced from the well is produced and pipelined to a facility owned by the Company's Joint Venture Partner and well operator. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.
The Company also reports that total depth has been reached on the third well of the 2011 drilling program. The well encountered numerous potential hydrocarbon bearing zones in the Triassic deposits and based on the drilling logs, the well will be evaluated in each of the prospective zones. A 100 meter pipeline tie-in has begun and will be complete in the next week, and the well will be production tested directly into the pipeline. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.”
Full Article: http://www.investorideas.com/CO/ARW/news/2011/06271.asp
About Aroway Energy Inc.:
Aroway Energy Inc. is junior oil and gas exploration Company focused on high working interest non-operated oil and gas exploration prospects. Aroway is currently participating in two exploration wells which are programmed to a total depth into the Leduc formation in the Peace River Arch area of Alberta. The Company will pay 75% of all costs to earn 50% of all revenues in the exploration program. http://www.arowayenergy.com/s/Home.asp
Contact Aroway Energy Inc
Judy-Ann Pottinger
Aroway Energy Inc.
604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Visit the company's showcase page at http://www.investorideas.com/CO/ARW/
Visit the Company's website at
www.arowayenergy.com
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
Disclaimer: The following Aroway Energy Inc news is paid for on behalf of ARW ($2000) per month. 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.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Energy Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Announces Increased Oil Production
CALGARY, ALBERTA - June 27, 2011 (Investorideas.com energy stocks newswire) - Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to report that the Company's first well of the 2011 drilling program has been on a stable production for 20 days and is producing oil, natural gas liquids and gas from the targeted Leduc formation. The well was placed on restricted flow rate in late May, and in early June the well began to produce oil. Based on the present well pressures and the operators' conservative production practises, the well is expected to stabilize at a rate of 400 boe/day, 200 boe/day net to Aroway. The oil produced from the well is produced and pipelined to a facility owned by the Company's Joint Venture Partner and well operator. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.
The Company also reports that total depth has been reached on the third well of the 2011 drilling program. The well encountered numerous potential hydrocarbon bearing zones in the Triassic deposits and based on the drilling logs, the well will be evaluated in each of the prospective zones. A 100 meter pipeline tie-in has begun and will be complete in the next week, and the well will be production tested directly into the pipeline. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Testing on the Company's second well of the 2011 drill program will commence as soon as the roads dry out as heavy rains have hit the area over the past week. We are confident the service rig will be on the location and testing will begin within the next 10 days.
Chris Cooper, President of Aroway commented, "We were quite confident that our first well of 2011 would end up as an oil well as soon as the gas cap was produced. We will have concrete Company production numbers in coming weeks which will bring us much closer to our year-end target of 600 boe/day."
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
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President
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:
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or 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 Company also reports that total depth has been reached on the third well of the 2011 drilling program. The well encountered numerous potential hydrocarbon bearing zones in the Triassic deposits and based on the drilling logs, the well will be evaluated in each of the prospective zones. A 100 meter pipeline tie-in has begun and will be complete in the next week, and the well will be production tested directly into the pipeline. Aroway is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Testing on the Company's second well of the 2011 drill program will commence as soon as the roads dry out as heavy rains have hit the area over the past week. We are confident the service rig will be on the location and testing will begin within the next 10 days.
Chris Cooper, President of Aroway commented, "We were quite confident that our first well of 2011 would end up as an oil well as soon as the gas cap was produced. We will have concrete Company production numbers in coming weeks which will bring us much closer to our year-end target of 600 boe/day."
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
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President
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:
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or 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.
Energy Stock Trading Alert - (OTCBB:OEDV), (NYSE:DVN), (NYSE:SD)
Point Roberts, WA - June 27, 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, Osage Exploration and Development Inc (OTCBB:OEDV), Devon Energy Corporation (NYSE:DVN ) and SandRidge Energy Inc. (NYSE:SD) for June 24th.
Oil closed at $90.85 -0.17 -0.19%. With the recent volatility in oil prices, what is the outlook for the sector?
The ( CGES) Centre for Global Energy Studies reports world's oil use is expected to increase by 1.6% in 2011, averaging 89.3 mbpd, up by 1.4 mbpd from the 87.9 mbpd seen in 2010.
The Centre for Global Energy Studies (CGES) sees little change in oil prices for the rest of the year after revising down its latest oil price forecast. In April it said Dated Brent prices were most likely to exceed $130 per barrel (dpb) and even reach $140 before the end of the year.
So what does that mean for oil prices? None of the experts really know with all the variables, there are just as many opinions and outlooks.
From the players within the sector, the outlook is bullish.
According to a report from Ernst & Young June 22, "Seventy-five percent of oil and gas companies are more optimistic about their companies' prospects in 2011, but rising inflationary pressures could hamper plans for growth."
"With political unrest in the Middle East putting pressure on companies to develop energy sources in new regions, and economic growth amplifying global demand, it's no surprise that the vast majority of oil and gas companies are on the prowl for new growth opportunities," says Kevan Holroyd, Executive Director in Ernst & Young's Oil & Gas Transaction Advisory Services group.
Of the 83% of global oil and gas companies pursuing growth, 46% are actively looking to grow inorganically through mergers and acquisitions this year, up 15% from 2010, while 37% remain focused on growing their company organically by adding projects and properties.
http://www.ey.com/CA/en/Newsroom/News-releases/2011-O-G-CapitalConfidence
Osage Exploration and Development Inc (OTCBB:OEDV) announced recently, that along with its partners Slawson Exploration Company and US Energy Development Corporation, it continues to expand their Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
Devon Energy Corporation (NYSE:DVN) announced on Tuesday that its management will provide the company's 2011 capital budget and operational update in conjunction with its thermal oil sands school on Tuesday, June 28, 2011.
A webcast link will be accessible from Devon's home page at www.devonenergy.com on the day of the event. A PDF file of the slides will be provided on the company's home page approximately fifteen minutes prior to the start of the event.
SandRidge Energy Inc. (NYSE:SD) a week ago announced that the cartel announced that it failed to agree on increasing oil production as a way of lowering prices. The announcement caused a noticeable drop in US oil explorers, many of which hope to boost production to capitalize on oil's spike in price.
Oil & Gas Stocks Sector Trading Snapshot
About 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
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Follow ( OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Visit our showcase energy stocks at Investorideas.com . Read about hot oil and gas plays including the Mississippian Formation and Woodford Shale in Oklahoma
http://www.investorideas.com/OGSN/
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 sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Oil closed at $90.85 -0.17 -0.19%. With the recent volatility in oil prices, what is the outlook for the sector?
The ( CGES) Centre for Global Energy Studies reports world's oil use is expected to increase by 1.6% in 2011, averaging 89.3 mbpd, up by 1.4 mbpd from the 87.9 mbpd seen in 2010.
The Centre for Global Energy Studies (CGES) sees little change in oil prices for the rest of the year after revising down its latest oil price forecast. In April it said Dated Brent prices were most likely to exceed $130 per barrel (dpb) and even reach $140 before the end of the year.
So what does that mean for oil prices? None of the experts really know with all the variables, there are just as many opinions and outlooks.
From the players within the sector, the outlook is bullish.
According to a report from Ernst & Young June 22, "Seventy-five percent of oil and gas companies are more optimistic about their companies' prospects in 2011, but rising inflationary pressures could hamper plans for growth."
"With political unrest in the Middle East putting pressure on companies to develop energy sources in new regions, and economic growth amplifying global demand, it's no surprise that the vast majority of oil and gas companies are on the prowl for new growth opportunities," says Kevan Holroyd, Executive Director in Ernst & Young's Oil & Gas Transaction Advisory Services group.
Of the 83% of global oil and gas companies pursuing growth, 46% are actively looking to grow inorganically through mergers and acquisitions this year, up 15% from 2010, while 37% remain focused on growing their company organically by adding projects and properties.
http://www.ey.com/CA/en/Newsroom/News-releases/2011-O-G-CapitalConfidence
Osage Exploration and Development Inc (OTCBB:OEDV) announced recently, that along with its partners Slawson Exploration Company and US Energy Development Corporation, it continues to expand their Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
Devon Energy Corporation (NYSE:DVN) announced on Tuesday that its management will provide the company's 2011 capital budget and operational update in conjunction with its thermal oil sands school on Tuesday, June 28, 2011.
A webcast link will be accessible from Devon's home page at www.devonenergy.com on the day of the event. A PDF file of the slides will be provided on the company's home page approximately fifteen minutes prior to the start of the event.
SandRidge Energy Inc. (NYSE:SD) a week ago announced that the cartel announced that it failed to agree on increasing oil production as a way of lowering prices. The announcement caused a noticeable drop in US oil explorers, many of which hope to boost production to capitalize on oil's spike in price.
Oil & Gas Stocks Sector Trading Snapshot
- Osage Exploration and Development Inc (OTCBB:OEDV) closed lower by 0.015 (-5.66%) at $0.25.
- Devon Energy Corporation (NYSE:DVN) fell 0.88 (-1.14%) and closed at $76.61.
- Western Refining, Inc. (NYSE:WNR) ended the day at $16.24, down 1.15 (-6.61%)
- SandRidge Energy Inc. (NYSE:SD) fell 0.18 (-1.71%) to closed at $10.37.
- Cimarex Energy (NYSE: XEC ) slid 1.84 (-2.14%) to ended the day at $83.95.
- Continental Resources, Inc. (NYSE: CLR ) closed at $60.51, down 1.06 (-1.72%)
- Dune Energy, Inc. (OTC:DUNR) surged 0.010 (1.59%) to $0.64.
- Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) fell 0.38 (-1.03%) to $36.49.
About 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
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Follow ( OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Visit our showcase energy stocks at Investorideas.com . Read about hot oil and gas plays including the Mississippian Formation and Woodford Shale in Oklahoma
http://www.investorideas.com/OGSN/
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 sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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)
Friday, June 24, 2011
Oklahoma Oil and Gas Stock, Osage Exploration and Development (OTCBB: OEDV), Gets Media Coverage in Leading Publications Following News on Horizontal Mississippian Nemaha Ridge Project
Point Roberts, WA - June 24, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a media coverage alert and stock chart for Oklahoma energy stock, Osage Exploration and Development, Inc. (OTCBB: OEDV).
The Company has received media coverage in Gas Business Briefing, The Wichita Eagle, AP, Pennenergy.com and others in the energy space following news in May that Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage’s Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
Media Coverage:
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Osage News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 26, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce that it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
"We are very proud to have attracted such high quality partners for our horizontal Mississippian project. Not only do we have great financial partners, Slawson, as our Operator brings a wealth of horizontal drilling expertise having drilled over 150 Horizontal Bakken wells. I believe that the quality of our partners speaks to the quality of our project," stated Greg Franklin, Osage's VP Exploration.
Slawson Exploration Co. Inc. ("Slawson") is a 50 year old, family owned and managed exploration firm headquartered in Wichita, KS with regional offices in Denver, Houston, and Oklahoma City. The company was founded by Don Slawson in 1957 and is currently operated by his three sons Craig Slawson, Todd Slawson and Steve Slawson.
Slawson has been notable as one of the nation's leading wildcatters throughout its history, often ranked in the top ten in the country. They have drilled over 3500 wells and have operated in the Anadarko Basin for 35 years, in Kansas for 50 years, the Williston Basin for 30 years as well as in other basins. Slawson is a leading innovator in the Horizontal Bakken play with over 150 operated horizontal wells. In 2010 Slawson was ranked in the top 15 private oil producers in the U.S. in terms of operated volume. http://www.slawsoncompanies.com/exploration.html
U.S. Energy Development Corporation is a vertically integrated, independent oil and natural gas driller and producer. The company is consistently ranked among the Top 50 Independent Oil & Gas Drillers in the United States and is one of the largest operators in New York and Pennsylvania. U.S. Energy Development Corporation is a proven operator having drilled more than 2,500 wells over the past 30 years throughout eight states and Canada, with a current lease inventory in excess of 300,000 acres. www.usenergydevcorp.com
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
About 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
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Follow ( OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
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
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
The Company has received media coverage in Gas Business Briefing, The Wichita Eagle, AP, Pennenergy.com and others in the energy space following news in May that Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage’s Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
Media Coverage: Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Osage News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 26, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce that it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
"We are very proud to have attracted such high quality partners for our horizontal Mississippian project. Not only do we have great financial partners, Slawson, as our Operator brings a wealth of horizontal drilling expertise having drilled over 150 Horizontal Bakken wells. I believe that the quality of our partners speaks to the quality of our project," stated Greg Franklin, Osage's VP Exploration.
Slawson Exploration Co. Inc. ("Slawson") is a 50 year old, family owned and managed exploration firm headquartered in Wichita, KS with regional offices in Denver, Houston, and Oklahoma City. The company was founded by Don Slawson in 1957 and is currently operated by his three sons Craig Slawson, Todd Slawson and Steve Slawson.
Slawson has been notable as one of the nation's leading wildcatters throughout its history, often ranked in the top ten in the country. They have drilled over 3500 wells and have operated in the Anadarko Basin for 35 years, in Kansas for 50 years, the Williston Basin for 30 years as well as in other basins. Slawson is a leading innovator in the Horizontal Bakken play with over 150 operated horizontal wells. In 2010 Slawson was ranked in the top 15 private oil producers in the U.S. in terms of operated volume. http://www.slawsoncompanies.com/exploration.html
U.S. Energy Development Corporation is a vertically integrated, independent oil and natural gas driller and producer. The company is consistently ranked among the Top 50 Independent Oil & Gas Drillers in the United States and is one of the largest operators in New York and Pennsylvania. U.S. Energy Development Corporation is a proven operator having drilled more than 2,500 wells over the past 30 years throughout eight states and Canada, with a current lease inventory in excess of 300,000 acres. www.usenergydevcorp.com
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
About 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
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Follow ( OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
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
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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, June 23, 2011
Energy Stock Trading Alert - (OTCBB: AAPH), (NASDAQ:PSTR), (NYSE:WNR)
Point Roberts, WA - June 23, 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 June 22nd. Oil closed at $ 94.48 +0.26 +0.28%.
American Petro-Hunter Inc. (OTCBB:AAPH) just a week ago announced that that the well completion program is fully underway and that production testing of the Mississippi oil formation is currently ongoing at the recently drilled NOM1H Horizontal well at the Company's growing North Oklahoma Project. The well is being readied and prepared for the onset of commercial production.
PostRock Energy Corporation (NASDAQ:PSTR) announced on Tuesday that it will buy 24.5% stake in Constellation Energy Partners LLC.
PostRock Energy Corporation ("PostRock") today announced that it had agreed to purchase all of Constellation Energy Group, Inc.'s CEG +0.61% interests in Constellation Energy Partners LLC CEP will acquire 5,918,894 Class B Member Interests, representing approximately 24.5% of that class along with all outstanding Class A, Class C and Class D Member Interests.
In the transaction, PostRock will receive all of CEG's voting rights, including its right to appoint two of the five members of CEP's Board. CEG will receive consideration comprised of $11.25 million of cash, $11.25 million of PostRock common stock and warrants to acquire an additional 1.5 million shares of PostRock common stock at a premium to market. Closing is subject to approval of the transaction by the independent directors of CEP and a vote by PostRock's shareholders. In the PostRock vote, White Deer has pledged the support of its 45% voting interest. PostRock and CEP both have the majority of their assets and operations in the Cherokee Basin of Kansas and Oklahoma.
Western Refining, Inc. (NYSE:WNR) was upgraded to buy from hold at Deutsche Bank, which has a price target of $24.
Western Refining has begun operating the 17 Catalina Mart stores it acquired from the Loma Catalina Co. earlier this month, according to an El Paso Times report.
The company will re-brand the stores to its Giant brand, but will keep their Chevron- and Shell-branded gasoline, said Gary Hanson, spokesman for Western Refining.
Oil & Gas Stocks Sector Trading Snapshot
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. www.americanpetrohunter.com.
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Visit our showcase energy stocks at Investorideas.com . Read about hot oil and gas plays including the Mississippian Formation and Woodford Shale in Oklahoma
http://www.investorideas.com/OGSN/
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 sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
Disclaimer: Investorideas.com is a third party publisher of news and research American Petro-hunter Inc. (AAPH.OB) is showcase energy stock on Investorideas.com and energy portals and blogs (four thousand per month).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.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
American Petro-Hunter Inc. (OTCBB:AAPH) just a week ago announced that that the well completion program is fully underway and that production testing of the Mississippi oil formation is currently ongoing at the recently drilled NOM1H Horizontal well at the Company's growing North Oklahoma Project. The well is being readied and prepared for the onset of commercial production.
PostRock Energy Corporation (NASDAQ:PSTR) announced on Tuesday that it will buy 24.5% stake in Constellation Energy Partners LLC.
PostRock Energy Corporation ("PostRock") today announced that it had agreed to purchase all of Constellation Energy Group, Inc.'s CEG +0.61% interests in Constellation Energy Partners LLC CEP will acquire 5,918,894 Class B Member Interests, representing approximately 24.5% of that class along with all outstanding Class A, Class C and Class D Member Interests.
In the transaction, PostRock will receive all of CEG's voting rights, including its right to appoint two of the five members of CEP's Board. CEG will receive consideration comprised of $11.25 million of cash, $11.25 million of PostRock common stock and warrants to acquire an additional 1.5 million shares of PostRock common stock at a premium to market. Closing is subject to approval of the transaction by the independent directors of CEP and a vote by PostRock's shareholders. In the PostRock vote, White Deer has pledged the support of its 45% voting interest. PostRock and CEP both have the majority of their assets and operations in the Cherokee Basin of Kansas and Oklahoma.
Western Refining, Inc. (NYSE:WNR) was upgraded to buy from hold at Deutsche Bank, which has a price target of $24.
Western Refining has begun operating the 17 Catalina Mart stores it acquired from the Loma Catalina Co. earlier this month, according to an El Paso Times report.
The company will re-brand the stores to its Giant brand, but will keep their Chevron- and Shell-branded gasoline, said Gary Hanson, spokesman for Western Refining.
Oil & Gas Stocks Sector Trading Snapshot
- American Petro-Hunter Inc. (OTCBB:AAPH) closed higher by 0.010 (2.13%) at $0.48.
- PostRock Energy Corporation (NASDAQ:PSTR) jumped 0.56 (10.33%) and closed at $5.98.
- Western Refining, Inc. (NYSE:WNR) ended the day at $17.52, up 1.71 (10.82%)
- Devon Energy Corporation (NYSE: DVN ) fell 0.13 (-0.17%)to closed at $78.09.
- Cimarex Energy (NYSE: XEC ) rose 0.08 (0.09%) to ended the day at $85.72.
- Continental Resources, Inc. (NYSE: CLR ) closed at $61.13, down 0.29 (-0.47%).
- Dune Energy, Inc. (OTC:DUNR) surged 0.020 (3.08%) to $0.67.
- Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rose 0.96 (2.61%) to $37.77.
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. www.americanpetrohunter.com.
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Get Free Oil and Gas Stocks News, CFA commentary and trading alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Visit our showcase energy stocks at Investorideas.com . Read about hot oil and gas plays including the Mississippian Formation and Woodford Shale in Oklahoma
http://www.investorideas.com/OGSN/
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 sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
Disclaimer: Investorideas.com is a third party publisher of news and research American Petro-hunter Inc. (AAPH.OB) is showcase energy stock on Investorideas.com and energy portals and blogs (four thousand per month).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.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.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)
Tuesday, June 21, 2011
Oil and gas investor news alert for Osage Exploration and Development, Inc. (OTCBB: OEDV)
Point Roberts, WA - June 21, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues an oil and gas investor news alert for Osage Exploration and Development, Inc. ( OTCBB: OEDV). The Company reported yesterday that along with its partners, Slawson Exploration Company and US Energy Development Corporation, it continues to expand the Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
The stock has moved from $0.18 to its current range of high $0.20's and low $0.30 cents since it originally announced its partnership with Slawson Exploration Company and US Energy Development Corporation.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
Full news:http://www.investorideas.com/CO/OEDV/news/2011/06201.asp
More about Osage (OTCBB: OEDV)
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/
Company News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
Company Q&A: Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV), Following News of Joint Venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
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
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)
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
The stock has moved from $0.18 to its current range of high $0.20's and low $0.30 cents since it originally announced its partnership with Slawson Exploration Company and US Energy Development Corporation.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
Full news:http://www.investorideas.com/CO/OEDV/news/2011/06201.asp
More about Osage (OTCBB: OEDV)
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/
Company News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
Company Q&A: Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV), Following News of Joint Venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
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
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)
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
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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)
Monday, June 20, 2011
Energy Stock News; Land Acquisition in Nemaha Ridge Mississippian Project Now in Excess of 11,000 Net Mineral Acres Reports Osage (OTCBB: OEDV) and Partners, Slawson and USEDC
SAN DIEGO, CA - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV), an independent exploration and production company, reports it continues to expand the Nemaha Ridge Mississippian prospect and has reached 11,000 net mineral acres across 40 sections in Logan County, Oklahoma. Partners in the project include Slawson Exploration Company as the Operator of the project, owning 45%, US Energy Development Corporation with 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
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 US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded 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.usenergydevcorp.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.
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
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
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 US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded 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.usenergydevcorp.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.
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
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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)
Red Fork Energy Limited (ASX: RFE) News; Mississippian Acres Exceed Initial Target
- Mississippian Acres increased to plus 50,000 net acres
- Red Fork now has an interest in approximately 250 high-grade sections across six Counties in the heart of the Mississippian play
- Majority interest established in approximately 55 high-grade sections
- Seismic data acquired and processed over one of the Company's initial development areas
- Scheduled slots secured with preferred service company for completion operations
Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or the “Company”) is pleased to announce that its continuing leasing initiatives have delivered a further increase in its holdings in the exciting horizontal Mississippian oil and liquids rich gas play in Oklahoma.
Red Fork now holds in excess of 50,000 net (select high-grade) acres in the heart of the play.
The Company now has an interest in approximately 250 high-grade sections (640 acre tract) across six Counties, with a majority (controlling) interest secured in 55 of these sections. These controlled sections alone will support in excess of 165 horizontal drilling locations.
In addition, Red Fork has now acquired and processed seismic over a large area covering one of its initial development areas within the play. The data is currently being interpreted as the final step in planning for the orientation of laterals in the horizontal wells to be drilled in this area.
The Company has also secured scheduled slots with its preferred service company for completion operations on its first five horizontal wells. Drilling of the first of these horizontal wells will get underway shortly and the Company intends to maintain continuous operations (drilling, completion and testing) through to the end of this calendar year.
Further updates will be provided ahead of the spudding of the first horizontal well.
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
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)
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)
Oklahoma Energy Stock News; Osage (OTCBB: OEDV) and Partners Slawson, USEDC Top 11,000 Net Acres in Nemaha Ridge Horizontal Mississippian Project
SAN DIEGO - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) along with its partners, Slawson Exploration Company and US Energy Development Corporation continues to expand their Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
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 US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded 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.usenergydevcorp.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.
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%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
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 US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded 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.usenergydevcorp.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.
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
Visit the company showcase profile at Investorideas.com
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)
Visit the company showcase profile at Investorideas.com
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)
Friday, June 17, 2011
‘For every barrel of oil produced- 3 barrels of water are contaminated’- Wescorp (OTCBB: WSCE ) offers solution for oil industry
Water Stocks Trading Snapshot : (NYSE: AWK) , (NYSE:ITT) ,(NASDAQ:PRMW) ,(OTCBB: WSCE )
Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%)
Water stocks Company Investor Hi- Light : ‘For every barrel of oil produced- 3 barrels of water are contaminated’- Wescorp (OTCBB: WSCE ) offers solution for oil industry
Point Roberts, WA- June 17,2011 – Investorideas.com , a leader in sector research including water stocks issues a trading alert for water stocks June 17th. Most of the water stocks are up in morning trading, with one of the top trading percentage gainers, Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%) .
Primo Water Corporation (NASDAQ:PRMW) announced the pricing of an underwritten public offering of 6,000,000 shares of common stock, consisting of 3,421,369 shares to be sold by Primo Water and 2,578,631 shares to be sold by certain selling stockholders (including Culligan International Company), at a price to the public of $11.26 per share. Primo Water Corporation is a rapidly growing provider of three-and five-gallon purified bottled water, self-serve filtered drinking water and water dispensers sold through major retailers throughout the United States and Canada
Water Stocks Sector Trading Snapshot
American Water Works (NYSE: AWK) trading up at $28.89, up 0.11 (0.38%) 10:23AM EDT
Aqua America, Inc. (NYSE: WTR ) trading at $21.63. up 0.16 (0.75%) 10:23AM EDT
ITT Corporation (NYSE:ITT) trading at $56.03, up 0.17 (0.30%) 10:39AM EDT
Nalco (NYSE:NLC) trading at $26.29, up 0.46 (1.78%) 10:25AM EDT
Pentair, Inc. (NYSE: PNR) trading up at $37.82, up 0.23 (0.61%) 10:24AM EDT
Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%) 10:27AM EDT
Valmont Industries, Inc. (NYSE: VMI ) trading at $89.65, down 0.10 (0.11%) 10:33AM EDT
Watts Water Technologies, Inc. (NYSE: WTS ) trading up at $33.13, up 0.60 (1.84%) 10:31AM EDT
Wescorp Energy Inc. (OTCBB: WSCE ) trading up at $ 0.06, up 0.0050 (9.09%)
Research more water stocks with the Investorideas.com water stocks directory:
Water stocks Company Investor Hi- Light :
For every barrel of oil produced- 3 barrels of water are contaminated
Wescorp’s H2Omaxx solution for the industry-
About Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp (http://www.wescorpenergy.com/) is a clean water technology company focused on implementing its superior, low-cost, water purification solutions for the oil and gas production industry.
About the H2Omaxx Technology
H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It is a proven safe, effective, economical and environmentally-friendly process.
Independent test results have shown the H20maxx technology to reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
Video
H2Omaxx Technology Tour
About our water investor portal:
http://www.water-stocks.com/, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .
Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.
Investorideas.com initiated a soft launch its new water newswire - http://www.waternewswire.com/
for World Water Week to increase its coverage in the sector.
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.
Become an Investor Ideas member and access our water stocks directory and all cleantech stock directories.
Sign up for free investor newsletters and stock alerts at Investor Ideas
Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a previously paid advertising showcase stock by a third party; 2500 per month. Investorideas.com owns 65,000 shares) 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 news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
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.xml Oil and gas stocks - become a showcase energy stock on www.investorideas.com and its energy portals and blogs for as little as $1000 month !
Wednesday, June 15, 2011
Red Fork Energy Limited (ASX: RFE) News; East Oklahoma Central Drilling Confirms Woodford Shale Continuity
June 15 , 2011 (Investorideas.com Energy 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 announce that it has successfully drilled, logged and cased three new wells at the 100% owned and operated shallow biogenic Woodford Shale play at East Oklahoma Central project.
As previously announced, in the current price environment for natural gas the Company is continuing to develop its 100% owned and operated East Oklahoma Project with a strategy designed to build production, revenue and reserves with the minimum amount of capital deployed.
Importantly, these three wells (located in Mayes and Rogers Counties) all intersected in excess of 50 feet of the target Woodford Shale with a show of gas on drilling.
The wells have now been cased, cemented and shut-in. Following is a drilling summary for each well.
Cherry #1-32 Well - Rogers County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 10:00am (Central Time) 13/05/2011
Target Depth: 838' (Arbuckle Formation)
Comments: Cut approximately 60' of Woodford shale with shows of gas on drilling
Cased and cemented: 11:50pm (Central Time) 16/05/2011
Cherry #1-4 Well - Mayes County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 5:00 pm (Central Time) 17/05/2011
Target Depth: 763' (Arbuckle Formation)
Comments: Cut approximately 62' of Woodford shale with shows of gas on drilling
Cased and cemented: 2:00 pm (Central Time) 18/05/2011
Cherry #1-9 Well - Mayes County, Oklahoma
Target: 800' Woodford Shale Test
Spud Date: 5:00pm (Central Time) 18/05/2011
Target Depth: 762' (Arbuckle Formation)
Comments: Cut approximately 55' of Woodford shale with shows of gas on drilling
Cased and cemented: 10:00pm (Central Time) 23/05/2011
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.
As previously announced, in the current price environment for natural gas the Company is continuing to develop its 100% owned and operated East Oklahoma Project with a strategy designed to build production, revenue and reserves with the minimum amount of capital deployed.
Importantly, these three wells (located in Mayes and Rogers Counties) all intersected in excess of 50 feet of the target Woodford Shale with a show of gas on drilling.
The wells have now been cased, cemented and shut-in. Following is a drilling summary for each well.
Cherry #1-32 Well - Rogers County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 10:00am (Central Time) 13/05/2011
Target Depth: 838' (Arbuckle Formation)
Comments: Cut approximately 60' of Woodford shale with shows of gas on drilling
Cased and cemented: 11:50pm (Central Time) 16/05/2011
Cherry #1-4 Well - Mayes County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 5:00 pm (Central Time) 17/05/2011
Target Depth: 763' (Arbuckle Formation)
Comments: Cut approximately 62' of Woodford shale with shows of gas on drilling
Cased and cemented: 2:00 pm (Central Time) 18/05/2011
Cherry #1-9 Well - Mayes County, Oklahoma
Target: 800' Woodford Shale Test
Spud Date: 5:00pm (Central Time) 18/05/2011
Target Depth: 762' (Arbuckle Formation)
Comments: Cut approximately 55' of Woodford shale with shows of gas on drilling
Cased and cemented: 10:00pm (Central Time) 23/05/2011
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
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)
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, June 14, 2011
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Announces the Spud of A New Oil Well
CALGARY, ALBERTA - June 14, 2011 (Investorideas.com energy stocks newswire) – Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that drilling operations have begun on the Company's 3rd well of its 2011 exploration program. The well will be drilled to a depth of 1,225 meters targeting oil in the base of the Debolt formation. The multi-prospective well will penetrate 4 additional stacked zones before reaching the target formation. The Company is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Company President Chris Cooper commented, "This is the 3rd of a possible six to eight wells we have planned for our 2011 drill program. We are optimistic this will be a successful oil well based upon the multi- prospectivity of this well with the 4 stacked zones in addition to the target formation."
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
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President
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:
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or 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.
Company President Chris Cooper commented, "This is the 3rd of a possible six to eight wells we have planned for our 2011 drill program. We are optimistic this will be a successful oil well based upon the multi- prospectivity of this well with the 4 stacked zones in addition to the target formation."
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
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President
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:
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or 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.
Subscribe to:
Posts (Atom)