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Last updated on April 24, 2014 at 21:24 EDT

Latest Legend Oil and Gas Ltd. Stories

2013-05-01 08:24:09

SEATTLE, May 1, 2013 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") is pleased to announce that it has successfully negotiated a Settlement and Termination Agreement which terminates "PUT" rights held by International Sovereign Energy Corp., now known as Wi2Wi Corporation. This removes a major burden on Legend's ability to finance current and future opportunities. The execution of this agreement permanently removes a contingent liability which Legend was...

2013-03-12 08:23:48

SEATTLE, March 12, 2013 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") has received the year-end values for its oil and gas production and reserves from its third party Engineering firms; both of whom were contracted to provide the Company with industry standard evaluations of its production assets. InSite Petroleum Consultants Ltd. ("InSite") of Calgary, Alberta, in compliance with Canadian National Instrument 51-101 regarding engineering evaluations...

2012-12-19 08:21:44

SEATTLE, Dec. 19, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") is pleased to announce the engagement of Equiti-Trend Advisors to increase market awareness and gain exposure in the marketplace. Equiti-Trend Advisors offers a complete package of auxiliary consulting and corporate services designed to help emerging growth and middle market companies, in the public sector, realize working capital and achieve a fair market value for their...

2012-10-03 02:30:10

SEATTLE, Oct. 3, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") wishes to update the production results on the Company's Piqua Property in south eastern Kansas. Marshall Diamond-Goldberg, President of Legend Oil and Gas stated, "Production commenced on the four wells drilled on the Gillespie and Cress leases as of September 19(th). Initial production volumes have been higher than expected with total incremental production volume from the four...

2012-09-05 06:23:39

SEATTLE, Sept. 5, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") is pleased to announce it has completed Phase 1 of its multi-well drilling program at the Company's Piqua Property in south eastern Kansas. Marshall Diamond-Goldberg, President of Legend Oil and Gas stated, "Results from the first four wells are very encouraging as all encountered thicker than anticipated oil-saturated Squirrel sand at the expected depths. We will likely test...

2012-08-15 02:22:22

SEATTLE, Aug. 15, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") is pleased to announce that it has begun its previously announced multi-well drilling program at the Company's Piqua Property in south eastern Kansas. Marshall Diamond-Goldberg, President of Legend Oil and Gas stated, "We are very pleased to be getting underway with our drilling program in Kansas and expect to have the first four wells drilled and on production by the end of the...

2012-08-08 06:21:10

SEATTLE, Aug. 8, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTC Markets: LOGL) ("Legend", the "Company") is pleased to announce that it has successfully closed the sale of its Red Earth, Alberta Royalty for the sum of $750,000 in Canadian Funds. The purchase was closed within two weeks from the receipt of the offer. Sayer Energy Advisors of Calgary acted as the broker for the sale and were instrumental in supporting the quick closing of the transaction. Marshall Diamond-Goldberg,...

2012-06-28 06:23:53

SEATTLE, June 28, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTCBB: LOGL) ("Legend", the "Company") is pleased to announce that the S-1 Registration Statement filed with the SEC in support of the new equity financing with Lincoln Park Capital ("LPC") of Chicago, IL, has been declared effective as of the market close Wednesday, June 27, 2012. LPC made an initial purchase of 192,308 shares of common stock for $50,000 purchased at a price of $0.26 per share ("Initial Purchase"),...

2012-05-23 02:23:31

SEATTLE, May 23, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTCBB: LOGL) ("Legend", the "Company") is pleased to announce it has entered into a new equity financing with Lincoln Park Capital ("LPC") of Chicago, IL. Upon signing the agreements, LPC made an initial purchase of 192,308 shares of common stock for $50,000 at a price of $0.26 per share ("Initial Purchase"). Upon filing the registration statement, LPC will purchase another $50,000 at a price based off of market prices...

2012-05-17 06:22:01

SEATTLE, May 17, 2012 /PRNewswire/ -- Legend Oil and Gas Ltd. (OTCBB: LOGL) ("Legend", the "Company") is pleased to announce it has begun permitting 20 wells on its Woodson County, Kansas property and anticipates commencing drilling of the first tranche of wells in early summer 2012. Legend is currently engaged in discussions with financial partners with respect to equity investments in the Company, which could help fund the drilling program while reducing the Company's outstanding...