Latest oil reserves Stories
HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release financial results for its 1(st) quarter of Fiscal 2013 after the market closes on Wednesday, November 7, 2012. An investor conference call to review the results will be held on Thursday, November 8, 2012 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO, Sterling McDonald, Chief Financial Officer, and Daryl...
DENVER, Sept. 24, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has completed negotiations of an initial round of convertible preferred financing in the amount of $2,500,000.00 by a private Small Cap Venture Fund. The Company is please to announce the terms of the financing are to provide the company with a commitment to fund up to $2,500,000.00 during the next 5 quarters of 2012. The financing will be...
DENVER, Sept. 20, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has received Notification from the Premont Joint Venture Operator, Dan Polk of Progas Services Inc, that the completion process for the Garcia #3 is continuing to progress after experiencing minor delays due to excessive rain in the area. The completion is underway and will continue until the Garcia #3 is producing consistent commercial flow...
HOUSTON, Sept. 19, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that Robert S. Herlin, President and Chief Executive Officer is scheduled to make a presentation at IPAA OGIS San Francisco on Monday, September 24, 2012 at 10:35 a.m. Pacific Time. The conference will be held at the Palace Hotel in San Francisco. The presentation will be webcast live over the internet and can be accessed, along with the accompanying slides, from...
TORONTO, Sept. 18, 2012 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today that it has reached an agreement with Karoon Gas Australia Ltd. (ASX: KAR) ("Karoon") to acquire a 35% net working interest in the following exploration blocks: S-M-1101, S-M-1102, S-M-1037 and S-M-1165, and also has as an option to acquire a 35% interest in S-M-1166 (collectively, the "Karoon Blocks"). In consideration for acquiring the interests in the...
HOUSTON, Sept. 10, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release its fiscal 2012 financial results after the market closes on Wednesday, September 12, 2012. An investor conference call to review the fiscal 2012 results will be held on Thursday, September 13, 2012 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO, Sterling McDonald, Chief Financial Officer, and Daryl...
HOUSTON, Sept. 5, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today reported year-end reserves and operating results for the fourth fiscal quarter ended June 30, 2012 ("Q4-12" or the "current quarter"), with comparisons to the three months ended March 31, 2012 (the "prior quarter") and the three months ended June 30, 2011 (the "year-ago quarter"). Proved Reserves, as of June 30, 2012: Total Proved Reserves of 13.4 million barrels of oil equivalent...
AUSTIN, Texas, Aug. 6, 2012 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTCBB: LRDC), today announced that it has added Michael H. Price to its Board of Directors bringing the number of Board members to five. "We are very pleased to welcome Michael Price as an independent member of our Board of Directors," said Mark See, President and CEO of Laredo Oil, Inc. "I have deep admiration and respect for Michael and it is a privilege to have him join Laredo Oil's Board. He brings...
HOUSTON, June 20, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE Amex: EPM) announced today that it will present at the GHS100 Energy Conference, to be held at the InterContinental Hotel in San Francisco on June 24-26, 2012. Sterling H. McDonald, Vice President and Chief Financial Officer is scheduled to make a presentation on Tuesday, June 26, 2012 at 8:00 a.m. Pacific Time. The presentation will be webcast live over the internet and can be accessed, along with the...
HOUSTON, June 19, 2012 /PRNewswire/ -- As a result of strong oil prices and technology advances making domestic shale resources accessible, the US oil and gas industry had a banner year for growth across several categories. Combined exploration and development spending increased 38% in 2011, according to Ernst & Young's annual US E&P benchmark study. Oil reserves grew by 9%, or 1.7 billion barrels, in 2011, while oil production increased 3%. Gas reserves and...
