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Latest oil reserves Stories

2012-12-13 08:21:52

PEORIA, AZ, Dec. 13, 2012 /PRNewswire/ - Viking Minerals Inc. (OTCBB: VKML) announces on behalf of the Board of Directors that the Company is currently negotiating financial terms and conditions with various funding groups for the acquisition of Gold mine and Oil & Gas concessions, subject to approval by the Company. The Company expects to receive initial financial term sheet for the acquisitions before the holidays. The Company is seeking to acquire Oil & Gas leases on...

2012-12-04 16:24:01

HOUSTON, Dec. 4, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of December 2012 and is payable on December 31, 2012 to holders of record at the close of business on December 17, 2012. The payment will be 1/12(th) of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation...

2012-11-20 12:29:58

SNN  |  TSX-V TORONTO, Nov. 20, 2012 /CNW/ - Sintana Energy Inc. (TSX-V: SNN) ("Sintana" or the "Company") is pleased to announce the results of an independent, NI 51-101 compliant resource evaluation report (the "Report") prepared by Petrotech Engineering Ltd. ("Petrotech"). The Report titled "Evaluation Of The Interests of Sintana Energy Inc. in the VMM 37 Block in the Middle Magdalena Valley Basin Colombia" dated November 16, 2012 provides conventional and...

2012-11-07 08:21:41

OKLAHOMA CITY, Nov. 7, 2012 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE-PHX-News, "the Company"), a growing non-operating independent oil and natural gas company with reserves and production primarily in the Arkansas Fayetteville Shale, the Southeastern Oklahoma Woodford Shale, the Anadarko Basin (Cana) Woodford Shale and several Western Oklahoma liquid-rich plays, including the Granite Wash, today announced estimated total proved reserve volumes for the Company's fiscal year ended Sept....

2012-11-05 16:22:43

HOUSTON, Nov. 5, 2012 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of November 2012 and is payable on November 30, 2012 to holders of record at the close of business on November 15, 2012. The payment will be 1/12(th) of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation...

2012-11-05 08:26:51

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 Mazzanti,...

2012-09-24 02:22:01

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 available to...

2012-09-20 02:23:00

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 rates....

2012-09-19 14:20:35

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...

2012-09-18 14:20:45

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...