30 Aug, 2013 09:25 AM
As noted in our media release on 14 August 2013, we have filed a motion with the Texas Court seeking summary judgment on several issues alleged by Petro-Raider in its ongoing litigation with the Co...read more
14 Aug, 2013 09:58 AM
The Permian Project currently has five wells on production and a 6th well drilled and cased, awaiting fracture stimulation. Total oil and gas production is up to 102 barrels of oil equivalent (BOE)...read more
25 Jul, 2013 12:53 PM
The Company advises that all resolutions put to shareholders at the General Meeting held on 25 July 2013, were carried on a show of hands.
In accordance with Section 251AA(1) of the Corporation...read more
24 Jul, 2013 01:09 PM
Permian Project, Reagan County, Texas, 100% WI, Operator
Producing Wells
The SRH #1 and SRH #2 wells were the original vertical wells used to initially test the Wolfcamp intervals in our area...read more
23 Jul, 2013 11:57 AM
The Company wishes to advise that the maturity date for the Series 1 Convertible Notes has been extended by mutual agreement to 30 June 2014.
There are currently 6,000,000 Series 1 Convertible ...read more