Latest oil and gas law Stories

2014-08-21 08:24:13

SPRING, Texas, Aug. 21, 2014 /PRNewswire/ -- Texhoma Energy, Inc. ("Texhoma") (OTC Pink: TXHE) announced that continuing with its tradition of oil and gas operations, it has embarked on an acquisition plan of oil and gas properties. Through Texhoma's wholly-owned subsidiary, Texhoma Holding Company, it has won two auctions. The company won high bid for a 0.016589% royalty interest in the Shooter 916 Lease located in Ochiltree County, Texas which has existing oil and gas production...

2014-06-03 08:24:31

HOUSTON, June 3, 2014 /PRNewswire/ -- Virtus Oil and Gas Corporation (OTCBB: VOIL) ("Virtus" or the "Company") today announced it has entered into an agreement with an undisclosed seller to acquire an additional 18,000 acres in Iron County, Utah. The transaction expands Virtus' footprint to 55,477 acres focused on the Parowan Prospect, in the Central Utah Overthrust (CUO) region of southwestern Utah. Following the Gustavson Associates technical report published on the property last...

2014-03-26 08:22:45

Lucas Will Receive Cash Payment and Carried Working Interest HOUSTON, March 26, 2014 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas, today announced a Letter of Intent ("LOI") for a Participation Agreement with a private independent operator to farm out approximately 400 acres on its Karnes County Eagle Ford leasehold. Under the LOI, Lucas will receive a payment of $1 million, payable...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.