OTCBB Oil Stocks

First Quarter Highlights : Generated $3.1 million in adjusted EBITDA in the quarterIncreased revenues for the first quar...
05/14/2014
Fusion Increases First Quarter Revenue by 42% | Fusion (FSNND)

First Quarter Highlights : Generated $3.1 million in adjusted EBITDA in the quarter

Increased revenues for the first quarter ended March 31, 2014 by approximately 42% compared to the first quarter of 2013; revenues increased $6.7 million

Adjusted EBITDA Increases 12-Fold Year-to-Year (Marketwired) -- 05/14/14 -- Fusion (OTCQB: FSNND), a provider of integrated cloud solutions, including cloud communications, cloud connectivity, cloud computing and other cloud services today announced financial results for t…

I feel this was a solid year end statement. The revenue trend is stellar like the management team. The $44 million recen...
05/01/2014
Fusion Increases 2013 Revenue by 39%

I feel this was a solid year end statement. The revenue trend is stellar like the management team. The $44 million recently raised could be put to good use and continue the growth. The Cloud Based business space seems to be future proof. I really like the future of FSNN. Please review and tell me why FSNN should be trading 2 times last years revenue and not 1/2. Enjoy this find.

Fusion Telecommunications International, Inc. , a provider of integrated cloud solutions, including cloud communications, cloud connectivity and cloud applications , today announced financial results for ...

Traditional lenders make it difficult for oil and gas companies to qualify for small business loans. They label the busi...
02/07/2014
Oil & Gas - Business Lending Authority

Traditional lenders make it difficult for oil and gas companies to qualify for small business loans. They label the businesses as “high risk” borrowers due to fluctuating energy prices and the industry’s enormous overhead costs.

But Business Lending Authority provides small business loan alternatives that will help satisfy cash flow problems. Qualifying for our oil and gas financing is simple, and in just 48 hours, you could have $1,000 to $1,000,000 of working capital deposited in your bank account. Whether you provide oil field services or specialize in exploration, your business could get approved for oil and gas financing from Business Lending Authority.

Cover Expenses with Oil and Gas Financing from Business Lending Authority

From paying exploration costs and royalty trusts, to compensating contractors and renting equipment, there are a number of expenses eating away at your bottom line. The experts at Business Lending Authority understand that it takes a healthy cash flow to satisfy your steep overhead. Many oil and gas companies are forced to close each year as they lack the funding to meet expenses. Our oil and gas financing is designed to provide fast relief and keep your business pumping. Whether you want to pay for flowback testing or make repairs on a pipeline, Business Lending Authority’s unsecured business financing will give you the operating capital you need to keep competitors at bay. Our oil and gas financing can also help pay for:

Exploration and development
Pipeline construction and repairs
Property and reserve acquisitions
Equipment rentals such as drill rigs, drill pipes, and trucks
Oil and natural gas storage
Drilling and welling services
Payroll
Transportation
Office equipment such as computers and furnishings
Facility and equipment maintenance
Advertising and marketing
Consultants
Taxes
Licenses
Insurance
How Our Oil and Gas Financing Works

Our lending process is streamlined to get operating capital to you as quickly as possible. Banks and traditional lenders have lengthy application processes, and take months to let you know if you qualify. With Business Lending Authority, you can be approved for a $1,000 to $1,000,000 cash advance and have the funds in your bank account in as little as 48 hours. That’s right! In just two days, you could have the oil and gas financing you need to help your business thrive. Simply fill out the form on the side of this page to get started.

Traditional lenders make it difficult for oil and gas companies to qualify for small business loans. They label the businesses as “high risk” borrowers due to fluctuating energy prices and the industry’s enormous overhead costs. But Business Lending Authority provides small business loan alternative...

Pure drinking Water being pulled from the AIR (humidity and condensation) to the tune of 5 Gallons a day!  MEXP is it wo...
07/26/2012
WaterBoy

Pure drinking Water being pulled from the AIR (humidity and condensation) to the tune of 5 Gallons a day! MEXP is it worth a tiny trade? What is the upside here? https://www.facebook.com/equitygroups

Video on waterboy

Seal Beach, California -(Marketwire - Jul 12, 2012) - Independence Energy Corp. ( OTCBB Stocks: IDNG) (OTCBB: IDNGD) (th...
07/16/2012
UPDATE: Independence Energy Corp. Announces Additional Upgrades at Quinlan Lease Oil Property in Okl

Seal Beach, California -(Marketwire - Jul 12, 2012) - Independence Energy Corp. ( OTCBB Stocks: IDNG) (OTCBB: IDNGD) (the "Company" or "Independence Energy") is pleased to announce that additional improvements have been completed at the Quinlan Lease oil property in Oklahoma. The project operator has reported that they have successfully further upgraded a high capacity fluid pump utilized at the site. The upgraded pump has the capacity to transport up to 6,000 bbls of total fluids per day at pressures of up to 1,500 psi.
"Further increasing the daily maximum fluid capacity of the pumps at the Quinlan Lease property will allow for potentially faster clearing of the salt water that accumulated in the underlying reservoir prior to the recent upgrades," stated Mr. Gregory C. Rotelli, CEO and President of Independence Energy. "Net oil production levels are expected to increase as the remaining salt water is reduced and the overall oil/water cut ratio improves."
The 120 acre Quinlan Lease property is comprised of three productive oil wells (Quinlan #1, #2, and #3) and one salt water disposal well. Since the Company acquired an interest in the project in late 2011, significant infrastructure and water handling upgrades were made at the site, including the installation of coated tubing/casings, a new electrical transformer, and high capacity pumps. The Company currently holds a 10% interest in the three productive Quinlan Lease wells.
Further updates regarding the Quinlan Lease property and other Independence Energy Corp. business will be made as additional information becomes available.
About Independence Energy Corp.
Independence Energy Corp. is an oil and gas exploration and development company focused on projects in the United States. Independence Energy is seeking to further advance its existing projects through development or offset drilling and to expand its portfolio to include additional property interests in the United States.
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the expectations of increases in net oil production from the Quinlan Lease wells. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Independence Energy Corp. herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Independence Energy Corp. disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
Contact Information
For additional information, contact;

LiveCall Investor Relations
for Independence Energy Corp.
Mr. Gerry Belanger
Investor Contact
[email protected]endenceenergycorp.com
www.independenceenergycorp.com
EquityGroups : An Investors Social Network

SEAL BEACH, CA--(Marketwire - Jul 12, 2012) - Independence Energy Corp. (OTCBB: IDNG) (OTCBB: IDNGD) (the "Company" or "Independence Energy") is pleased to announce that additional improvements have been completed at the Quinlan Lease oil property in Oklahoma. The project operator has repo...

07/16/2012
Liberty Energy Announces New Acreage in Bastrop County, Texas

Houston, Texas, July 16, 2012 (GLOBE NEWSWIRE) -- Liberty Energy Corp. ( OTCBB Stocks : LBYE) ("Liberty" or "the Company") announces further details on its new Bastrop County Acreage, Texas.
The Company is pleased to provide further details on its newly acquired acreage in Bastrop County, Texas. The Company can confirm having acquired two highly prospective leases in Bastrop County Texas. The combined leases measure approximately 300 acres and are situated in county that currently produces primarily from the Dale Lime, Austin Chalk, Buda and Edwards.
The Austin Chalk formation stretches 500km in length and 50km in width. The first wells were drilled in 1929 and the formation is still producing oil and gas in economically viable quantities today. New wells have IP'd (initial production) at over 1,200 barrels of oil per day (bopd)1 and with significant cumulative production make it one of the most prolific shale plays in the US. Given the cell size, mean numbers of cells, the mean EUR, and the success ratio, the Austin Chalk in the Outlying Areas Play is estimated to contain a mean of about 200 million barrels of oil (MMBO).2
The Eagle Ford has long been considered the "source rock" for hydrocarbons that are now found in the Austin Chalk formation across much of South Texas.3 Wells within the oil window across the play have experienced peak rates as high as 2,000 bopd, some with sustainable rates and others with steep declines. The oil reserves are estimated at 3 billion barrels of oil (BBO) with potential output of 420,000 bopd.4 Wells located in higher geo-pressured areas appear to be the most prolific producers. Most wells in the play are still producing in the transient flow regime and have not yet reached boundary dominated flow.3 There is also considerable variability among operators as to completion techniques and numerous examples of offset wells completed in one manner resulting in poor productivity with direct offsets completed in another with great success.3
The Company confirmed that based on typical costs, new Dale Lime/Austin Chalk wells can be drilled and completed with fracs for around $200,000, which includes the cost of surface equipment. Reserves are modeled with an estimated ultimate recovery of 10 thousand barrels of oil (MBO) per well and have historically been 13 MBO per well, based on 5 acre spacing.5
"We're planning to gather both geological and geophysical evaluations in addition to seismic data, which allows us to estimate the potential recoverable reserves. A thorough understanding of all information available to us will allow us to determine the best plan to further develop the lease with a high degree of accuracy," commented Ian Spowart, CEO of Liberty Energy Corp.
ABOUT LIBERTY: Liberty Energy Corp (LBYE) is an Independent Oil and Gas Exploration and Production Company dedicated to the sourcing and production of fuel supplies in the United States and Europe. Headquartered in Houston, Texas, the company has leases and royalties in both Texas and Bulgaria, covering several wells with extensive potential for future development. In Texas, Liberty owns twelve leases based around numerous geological pay zones. In North-West Bulgaria, Liberty has royalty rights to a 1,000,000+ acre natural gas property (the A-Lovech exploration block), an area of high quality, low-sulphur natural gas condensate. Through this combined international reach and domestic focus, Liberty Energy is committed to the development of US fuel reserves while seeking out further opportunities for the global energy markets.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Liberty Energy Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to Liberty Energy Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. Liberty Energy Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

ON BEHALF OF THE BOARD OF DIRECTORS,
Liberty Energy Corp
Ian Spowart, Chief Executive Officer


References
1. http://seekingalpha.com Seeking Alpha
2. Western Gulf Province (047)
3. A Case History of the Eagle Ford Oil Shale Play, South Texas
4. http://www.eaglefordshale.com
5. Eagle ford (Sequence Stratigraphy of the Eagle Ford (Boquillas) Formation in the Subsurface of South Texas and Outcrops of West Texas)
Contact:
Liberty Energy Corp.
Two Allen Center
Suite 1600
1200 Smith Street
Houston
TX 77002
Tel: 713-353-4700
Fax: 713-353-4701
Email: [email protected]
Website: www.energy-liberty.com
Facebook: www.facebook.com/LibertyEnergyCorp
INVESTOR RELATIONS:
Toll Free: 1-877-890-1650
Email: [email protected]
EquityGroups : An Investors Social Network
EquityGroups (For Stock Traders)
EquityGroups Stock News

HOUSTON -- Liberty Energy Corp. ("Liberty" or "the Company") announces further details on its new Bastrop County Acreage, Texas.

OPEC who?  USA is not as dependent as we once where.
07/10/2012

OPEC who? USA is not as dependent as we once where.

New oil and gas discoveries are having a game-changing impact on the entire economy: http://sm.wsj.com/OWblfB

American dependence on foreign oil has plummeted over the last few years. The U.S. imports 42% of its oil, down from a peak of 60% in 2005.

The country now produces 6.3 million barrels of oil a day, up 26% from four years ago.

Liberty Energy Corp. Completes Assignment of Oil and Gas Assets in TexasHouston, Texas July 9, 2012 (GLOBE NEWSWIRE) -- ...
07/09/2012
Liberty Energy - Powering America's Future - Liberty Energy

Liberty Energy Corp. Completes Assignment of Oil and Gas Assets in Texas
Houston, Texas July 9, 2012 (GLOBE NEWSWIRE) -- Liberty Energy Corp. ( OTCBB Stocks LBYE) ("Liberty" or "the Company") is pleased to announce the completion of its acquisition of over 1,000 acres in Bastrop, Texas, Caldwell, Texas & Eastland, Texas.
The acquisition falls in line with the Company's strategy of growing shareholder value through acquiring assets in proven onshore oil and gas play within the US. The leases are considered to be highly prospective, with a mixture of work-over potential and exploration and development drilling.
The Company is working to finalize geological and geophysical work plans to be completed on the new leases. All of the new leases are considered to be low risk being positioned within proven, multiple payzone, producing counties. The Company also intends to work with existing partners to investigate and further develop the new and existing leases.
Ian Spowart, Chief Executive Officer, commented: "Whilst our strategy is to expand aggressively, we are always looking to maximize returns and increase shareholder value. The new acreage is a great addition to our existing portfolio and we look forward to providing further information on geological and geophysical work to be carried out on the new leases in due course."
Bastrop County
Bastrop County is located in South Texas. The majority of production in Bastrop is attributed to the Austin Chalk and Navarro formations.1 The county presently houses over 1,700 wells and over 170 operators including; Texas Vanguard Oil Company, Chalker Operating Inc. and Petro-Gas Inc.2 The Eagle Ford Shale formation is in the oil maturity window and is present in Bastrop County. The play is 50 miles wide and an average of 250 feet thick at a depth between 4,000 and 12,000 feet. The oil reserves are estimated at 3 billion barrels of oil (BBO) with potential output of 420,000 barrels of oil per day (bopd).1 Major producers in the county include Anadarko, Exxon-XTO and PetroHawk. Liberty will, under the terms of the LOI, acquire five leases comprising approximately 630 highly prospective acres within the county.
Caldwell County
There are four main pay zones within Caldwell County, the Sepertine, Dale Lime, Austin Chalk and Edwards. There are currently 385 operators (including Eagle Ford Oil Co., Inc., Luling O&G LLC and Texas Petroleum Investment Co.) and nearly 9,000 wells in Caldwell County.3 From March 2010 to March 2011 the county produced over 1 million barrels of oil (MMBO).4 Liberty will, under the terms of the LOI, acquire two leases comprising approximately 300 greatly prospective acres within the county.
Eastland County
In addition to having the Marble Falls, Duffer and Mississippian formations, Eastland County is the westernmost extension of the Barnett Shale play and can be considered as part of the active Barnett Shale play area.5 The Bend Arch has had a significant effect on the Chesapeake: Barnett Shale in regards to regarding its burial history and geo-thermal makeup. The Barnett is the source rock for the hydrocarbons produced from many of the shallower zones over the Bend Arch such as the Marble Falls and Duffer. There are currently 893 operators (including North Ridge Corporation, Sun Expl. & Prod. Co.-Abilene and B & B Oil, Inc.) and over 10,900 wells in Eastland County.2 Using a geology-based assessment methodology, the U.S. Geological Survey estimated a mean of 26.7 trillion cubic feet (TCF) of undiscovered natural gas, a mean of 98.5 MMBO undiscovered oil, and a mean of 1.1 billion barrels of undiscovered natural gas liquids (BBNGL) in the Bend Arch-Fort Worth Basin Province.6 Liberty will, under the terms of the LOI, acquire one lease comprising approximately 110 considerably prospective acres within the county.
http://www.energy-liberty.com/
ON BEHALF OF THE BOARD OF DIRECTORS,
Liberty Energy Corp.
Ian Spowart, Chief Executive Officer
EquityGroups Stock News

Liberty Energy Corp is an independent, innovative oil and gas company dedicated to sourcing and utilizing fuel reserves in the US and Europe, assisting with America’s energy independence while providing increased value to shareholders.

Address

New York, NY

Alerts

Be the first to know and let us send you an email when OTCBB Oil Stocks posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Nearby media companies