Calgary, Alberta, March 14, 2019: Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or “Point Loma”) is pleased to report the results of its 2018 year-end reserves as evaluated by McDaniel and Associates Ltd. (“McDaniel”) and provide an update on operations. Highlights: Proved producing reserves increased 35 percent year over year. Total proved plus probable (“2P”) reserves of 5,284 mboe and proved (“1P”) reserves of 2,967 mboe for the Corporation, an increase of 19 … [Read more...]
American Resources Corporation Announces Full Exercise and Closing of Underwriters’ Over-Allotment Option in Connection with its Underwritten Public Offering
FISHERS, IN / ACCESSWIRE / March 7, 2019 / American Resources Corp. ("American Resources" or the "Company") (NASDAQ: AREC), a publicly traded extraction, processing, transportation and seller of metallurgical coal and pulverized coal injection (PCI) to the steel industry, announced today the closing of the issuance of an additional 150,000 shares of Class A common stock pursuant to the exercise in full of the underwriters' over-allotment option in connection with its underwritten public … [Read more...]
Bird River Resources Provides Operations Update
CALGARY, ALBERTA / ACCESSWIRE / February 15, 2019 / Bird River Resources Inc. (CSE: BDR) is pleased to provide this operations update for oil and gas operations through its wholly owned subsidiary High Point Oil Inc. (''High Point''). High Point continues to produce approximately 150 (75 net) barrels of oil per day (''bopd''). Except for November and December 0f 2018, this level of production is adequate to meet High Point's operating costs and contribute to capital development. The November … [Read more...]
Pacific Energy Development Announces Workover Results on Recently Acquired Horizontal Well in the Permian Basin
HOUSTON, TX / ACCESSWIRE / February 13, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') announced today that it successfully completed workover operations on the Domino 21-16 State Com No. 5 Well, which it acquired effective February 1, 2019 as part of its February 1, 2019 purchase of additional producing assets in the Permian Basin. The Company began workover operations on the Domino well immediately after closing the acquisition and is pleased to … [Read more...]
Evolution Petroleum Announces Results for the Fiscal 2019 Second Quarter Ended December 31, 2018 and Declares 22nd Consecutive Quarterly Common Stock Dividend
HOUSTON, TX / ACCESSWIRE / February 6, 2019 / Evolution Petroleum Corporation (NYSE American: EPM) today announced that the Board of Directors declared a quarterly cash dividend to common shareholders of $0.10 per share. The quarterly dividend, which amounts to $0.40 per share on an annual basis, will be paid on March 29, 2019 to shareholders of record on March 15, 2019. Evolution today also reported financial and operating highlights for its fiscal second quarter ended December 31, 2018, with … [Read more...]
Emerald Bay Energy Announces Increased Shareholdings of Clarence Wagenaar
CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press releases dated May 29, 2018 and February 4, 2019 (collectively, the "Press Releases"), Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to announce Clarence Wagenaar, after the issuance of the 18,493,178 common shares of the Corporation announced in the Press Releases, controls, directly and indirectly, an aggregate 50,030,178 common shares of the Corporation, or … [Read more...]
Emerald Bay Energy Settles $924,658.90 of Debt at $0.05 Per Share
CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press release dated May 29, 2018, Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") is pleased to announce that it has received final approval from the TSX Venture Exchange and has settled all amounts owing in connection with two separate loan/credit arrangements previously provided to the Corporation by Hillcrest Investments Ltd., a company controlled by Clarence Wagenaar (who … [Read more...]
Pacific Energy Development Announces Closing of Acquisition of Producing Acreage in the Permian Basin
Additional Horizontal Well Planned HOUSTON, TX / ACCESSWIRE / February 4, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') announced today that, effective February 1, 2019, it closed the previously announced acquisition of all operated production and facilities, all related existing infrastructure, and a significant leasehold position from a private operator. These assets are located in the San Andres play on the Northwest Shelf of the Permian Basin … [Read more...]
Camber Energy Announces January 31, 2019, Pro Forma Stockholders’ Equity In Excess of $6 Million and Continued Discussions with Merger and Acquisition Candidates
HOUSTON, TX / ACCESSWIRE / February 4, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the ''Company'' or ''Camber''), based in Houston, Texas, a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids, announced today that it had unaudited pro forma stockholders' equity, as of January 31, 2019, of over approximately $7.4 million, which exceeds the $6 million minimum amount of stockholders' equity the Company is required to … [Read more...]
Camber Energy Provides Monthly Update for January 2019
HOUSTON, TX / ACCESSWIRE / January 16, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids, today provided a monthly update on its workover activities. In the Panhandle in Hutchinson County, Texas, the Company's production has taken longer to reach its full potential due to unforeseen weather, compressor and … [Read more...]
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