Latest Torrent Energy Corporation Stories

2008-10-16 09:00:37

Torrent Energy Corporation (OTCBB: TRENQ) today announced that the Bankruptcy Court has approved bid procedures for the Company's asset sale, including a minimum bid amount of $4.55 million for substantially all the assets of the Company, and a bid due date of November 7, 2008. Additionally, the Company reported updated frac production testing results from its Coos Bay operations. Court Approves Sale of Assets Under the asset sale bidding procedures approved by the Bankruptcy Court, all...

2008-09-26 09:00:35

Torrent Energy Corporation (OTCBB: TRENQ) today announced that the Company successfully completed the field work for fracture stimulation of five wells located in its Westport pilot project area in late August and has now commenced a process of production testing these wells located in Coos Bay, Oregon. Additionally, the Company announced that it is negotiating a sale process under Section 363 of the Bankruptcy Code. The sale will be made to YA Global Investments, L.P., (" YA Global") in...

2007-07-23 09:11:01

Torrent Energy Corporation (the "Company") (OTCBB: TREN) announced today that material progress has been achieved during the last 45 days on a number of mission critical fronts required to bring its Coos Bay Coal Bed Methane natural gas project into commercial production. These milestones include: third party reservoir modeling which lends further credibility to internal field potential calculations; the completion of successful testing for a waste water disposal plan; and completion of...

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