EORIF Stock UPDATES Enhanced Oil Resources Inc. (EORIF) 0.0295
Post# of 273217
Enhanced Oil Resources Inc. Completes the Sale of Crossroads Oilfield, Lea County, New Mexico
CNW Group - Thu Oct 16, 4:00PM CDT
Further to its news release of September 29, 2014, Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) ("EOR" announces the completion of the sale by its indirect wholly-owned subsidiaries, Ridgeway Arizona Oil Corp. and EOR Operating Company (collectively with EOR, the "Company" of all of the Company's rights, title and interest in the Crossroads oilfield, located in Lea County, New Mexico to an unrelated third party group consisting of Desert Production, Inc. of Midland, Texas and Penroc Oil Corporation of Hobbs, New Mexico (together, the "Purchaser" for US$10.0 million cash, subject to certain post-closing adjustments and conditions. Riviera-Ensley Energy Advisors ("Riviera" , an arm's length full service acquisition and divestiture transaction advisor serving the energy sector for over 20 years, acted as the marketing agent and broker for the Company in connection with the sale and has been paid a fee of US$210,000 in cash for conducting the marketing and solicitation of bids for the property interests.
EOR.VN: 0.030 (unch)
IIROC Trading Resumption - EOR
CNW Group - Tue Sep 30, 8:11AM CDT
Trading resumes in:
EOR.VN: 0.030 (unch)
IIROC Trade Resumption - Enhanced Oil Resources, Inc.
Newsfile Corp - Tue Sep 30, 8:08AM CDT
Trading resumes in:
Enhanced Oil Resources Inc. Signs Definitive Agreement for the Sale of Crossroads Oilfield, Lea County, New Mexico
CNW Group - Mon Sep 29, 5:00PM CDT
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) ("EOR" announces that its indirect wholly-owned subsidiaries, Ridgeway Arizona Oil Corp. and EOR Operating Company (collectively with EOR, the "Company" , have executed a definitive sales and purchase agreement (the "Agreement" with an unrelated third party group consisting of Desert Production, Inc. of Midland, Texas and Penroc Oil Corporation of Hobbs, New Mexico (together, the "Purchaser" , for the sale of all of the Company's rights, title and interest in the Crossroads oilfield, located in Lea County, New Mexico. The purchase price, which is payable in cash at closing, is US$10.0 million, subject to certain post-closing adjustments and conditions. Riviera-Ensley Energy Advisors ("Riviera" , a full service acquisition and divestiture transaction advisor serving the energy sector for over 20 years, acted as the marketing agent and broker for the Company in connection with this arms-length transaction. More than twenty entities reviewed the Crossroads field's geological and operating information, with the Company receiving four bids, including the Purchaser's bid. The Company has agreed to pay Riviera a fee of US$210,000 in cash upon closing of the sale with the Purchaser for conducting the marketing and solicitation of bids for the property interests. The Agreement is subject to a number of closing conditions including regulatory approval.
EOR.VN: 0.030 (unch)
IIROC Trading Halt - EOR
CNW Group - Mon Sep 29, 8:29AM CDT
The following issues have been halted by IIROC:
EOR.VN: 0.030 (unch)
IIROC Trade Halt - Enhanced Oil Resources, Inc.
Newsfile Corp - Mon Sep 29, 8:14AM CDT
The following issues have been halted by IIROC:
Enhanced Oil Resources Inc. Announces Project Evaluation Agreement with Schlumberger Technology Corporation
PR Newswire - Thu Sep 18, 7:34AM CDT
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced that it has entered into a Letter of Intent with Schlumberger Technology Corporation (Schlumberger) whereby Schlumberger, at its own cost, will conduct an in-depth technical evaluation of the potential redevelopment of the Milnesand and Chaveroo oil fields, located in Chaves and Roosevelt Counties, New Mexico. Schlumberger will utilize in-house experts in primary, secondary and tertiary recovery with the ultimate goal of deciding the best way forward, if appropriate, to recover additional oil reserves contained within these fields.
EOR.VN: 0.030 (unch), SLB: 95.99 (-1.76)
Enhanced Oil Resources Inc. Provides Update on the Sale of Crossroads Oilfield, Lea County, New Mexico
PR Newswire - Fri Sep 12, 5:00PM CDT
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) previously announced that its indirect wholly-owned subsidiary, Ridgeway Arizona Oil Corp. (collectively with EOR, the "Company" , had entered into a non-binding Letter of Intent with a non-affiliated third party, "Purchaser", for the sale of all of the Company's rights, title and interest in the Crossroads oilfield, located in Lea County, New Mexico.
EOR.VN: 0.030 (unch)
Enhanced Oil Resources Inc. Announces Letter of Intent for the Sale of Crossroads Oilfield, Lea County, New Mexico
CNW Group - Thu Sep 04, 12:43PM CDT
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) announces that its indirect wholly-owned subsidiary, Ridgeway Arizona Oil Corp. (collectively with EOR, the "Company" , has entered into a non-binding Letter of Intent with a non-affiliated third party, "Purchaser", for the sale of all of the Company's rights, title and interest in the Crossroads oilfield, located in Lea County, New Mexico. The purchase price is $10.0 million (U.S.), subject to certain post-closing adjustments and conditions. The sale is subject to completion of due diligence by the Purchaser, which is arm's length to the Company, negotiation and execution of a definitive sales agreement and regulatory approval. Riviera-Ensley Energy Advisors acted as the marketing agent and broker for the Company in connection with the transaction. Riviera-Ensley Energy Advisors is a full service acquisition and divestiture transaction advisor serving the energy sector for over 20 years. More than twenty entities reviewed the field's geological and operating information, with the Company receiving four bids, including the Purchaser's bid. The Company has agreed to pay Riviera a fee of $210,000 upon closing of the sale with the Purchaser for conducting the confidential marketing and solicitation of bids for the property interests.
EOR.VN: 0.030 (unch)
Enhanced Oil Resources Inc. Announces Results of 2013 Annual General Meeting of Shareholders
PR Newswire - Wed Sep 04, 2:13PM CDT
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) today announced the results of its 2013 Annual General Meeting of Shareholders held on August 30, 2013 in Vancouver, British Columbia. All matters submitted to the Shareholders for their consideration were passed. At the meeting, Shareholders re-elected current Directors: Barry D. Lasker, Rodney L. Eson, L. Edward Parker, John P. Dorrier and G. Wade Stubblefield to the Board. The shareholders also appointed UHY LLP, independent public accountants, as the auditors of the Company, and approved the Company's 2013 Stock Option Plan.
EOR.VN: 0.030 (unch)
Enhanced Oil Resources Announces Positive EBITDA of $200,000 for the Second Quarter of 2013; Provides Operations Update.
CNW Group - Tue Aug 27, 9:07AM CDT
Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) ("EOR" or the "Company" is pleased to report its operating and financial results for the three and six months ended June 30, 2013 (all amounts in US dollars).
EOR.VN: 0.030 (unch)
Enhanced Oil Resources Provides Operations Update
PR Newswire - Tue Jul 16, 11:16AM CDT
Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) ("EOR" or the "Company" is pleased to provide the following update regarding the Company's operations results for the second quarter of 2013.
EOR.VN: 0.030 (unch)