HOUSTON, TX / ACCESSWIRE / May 21, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, which as previously announced is working to finalize definitive documents to complete the acquisition of Lineal Star Holdings' subsidiaries ("Lineal"), www.LinealStar.com, which provide midstream and downstream pipeline integrity services, specialty construction and field services, pursuant to the Company's previously disclosed non-binding letter of intent, … [Read more...]
GulfSlope Energy Operations Update
GulfSlope Provides Update on Drilling at Tau Prospect and Update on Corvette Prospect HOUSTON, TX / ACCESSWIRE / May 13, 2019 / GulfSlope Energy, Inc. (OTCQB: GSPE) ("GulfSlope" or the "Company") today provided an update on drilling for the GulfSlope Energy Tau Prospect on Ship Shoal Blocks 336 and 351. The well was drilled to a measured depth of 15,254 feet, as compared to the originally permitted 29,857 foot measured depth. Producible hydrocarbon zones were not established to the current … [Read more...]
Valeura Energy Inc. Announces Notice financial and operating results for Q1 2019
Notice of Financial and Operating Results for the First Quarter Of 2019, Annual Meeting, and Webcast CALGARY, AB / ACCESSWIRE / May 3, 2019 / Valeura Energy Inc. (TSX:VLE; LSE:VLU) ("Valeura" or the "Company"), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey in partnership with Equinor, will announce its consolidated financial and operating results for Q1 2019, before markets open on May 9, 2019. The Company … [Read more...]
Point Loma Resources Announces 2018 Year End Financial and Operating Results
CALGARY, AB / ACCESSWIRE / April 30, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to report financial and operating results for the three months and year ended December 31, 2018. The results for 2018 are summarized below: 2018 Financial and Operating Results Three months ended December 31 Year ended December 31 2018 2017 2018 2017 Financial ($ thousands, except … [Read more...]
Diversified Gas & Oil Expands Credit Facility Borrowing Base with Improved Pricing
Borrowing Base Increases 31% to $950 Million as New Banks Also Join the Syndicate BIRMINGHAM, AL / ACCESSWIRE / April 24, 2019 / London-AIM quoted Diversified Gas & Oil PLC (AIM: DGOC, ''Diversified'' or the ''Company''), a U.S.-based owner and operator of natural gas, natural gas liquids, oil wells and midstream assets in the Appalachian Basin, is pleased to announce details of its expanded and fully underwritten borrowing base of $950 million. Following the Company's recent … [Read more...]
Diversified Gas & Oil Completes $400M Acquisition; Provides Hedging Update
Acquisition Expands Portfolio of Mature Unconventional Marcellus Shale Wells BIRMINGHAM, AL / ACCESSWIRE / April 23, 2019 / Diversified Gas & Oil PLC (AIM: DGOC, "Diversified" or the "Company"), a U.S.-based owner and operator of natural gas, natural gas liquids, oil wells and midstream assets in the Appalachian Basin, today announced the completed acquisition of certain gas producing assets in Pennsylvania and West Virginia from HG Energy II Appalachia, LLC for total consideration of … [Read more...]
Camber Energy Announces Preliminary NYSE Approval of the Proposed Terms of its Planned Acquisition of a Pipeline Service and Construction Company
HOUSTON, TX / ACCESSWIRE / April 22, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the ''Company'' or ''Camber''), based in Houston, Texas, today announced that it had received preliminary non-binding approval from the staff of the NYSE American of the planned terms of its contemplated acquisition of a midstream pipeline integrity services, specialty construction and field services company in an all-stock transaction. Louis G. Schott, the Interim CEO of Camber noted, ''We have had numerous … [Read more...]
Red Pine Announces Changes to Board and Management
VANCOUVER, BC / ACCESSWIRE / April 12, 2019 / Red Pine Petroleum Ltd. (TSXV: RPN) (the "Company") today announced that Paul Chung and Ming Sheng have resigned as directors and, respectively, Chief Executive Officer and President, and Chief Financial Officer and Secretary of the Company. The Company has appointed Michael Lerner as Chief Executive Officer and director, and Matthew Fish as Chief Financial Officer to manage the affairs of the Company. The Company wishes to Mr. Chung and Mr. Sheng … [Read more...]
Camber Energy Announces Execution of Revised Non-Binding Letter of Intent Relating to the Acquisition of a Pipeline Service and Construction Company
HOUSTON, TX / ACCESSWIRE / April 10, 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 announced the execution of a revised non-binding Letter of Intent in connection with the Company's previously announced planned acquisition of a midstream pipeline integrity services, specialty construction and field … [Read more...]
Point Loma Resources Announces 2018 Year-End Reserves and Operational Update
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...]
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