Latest Alaska Pac Engy (ASKE) Headlines
Olie Inc. Concluding Debt Assignment Plan in Alaska Energy
GlobeNewswire - Mon Jan 13, 6:05AM CST
Olie Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, is pleased to announce that the negotiations with the non-disclosed and non-affiliated cash note holder in Alaska Energy Corporation (Alaska Energy) (PINK SHEETS:ASKE) to purchase and assign a nominal amount of their aged debt, is now concluded. Olie has now purchased part of this matured, secured debt. Olie remains intent upon converting that part into common shares which it will either sell or book as equity on its own balance sheet.
Olie Inc. Announces Debt Assignment Plan in Alaska Energy
GlobeNewswire - Tue Nov 26, 6:05AM CST
Olie Inc. (OTCQB:OLIE) President, Robert Gardner, is pleased to announce that it has commenced negotiations with an undisclosed non-affiliated cash note holder in Alaska Energy Corporation (Alaska Energy) (PINKSHEETS:ASKE) to purchase and assign a nominal amount of their aged debt. Olie Inc. intends to purchase part of this matured, secured debt because of the attractive conversion privileges of the original aged note. Once Olie Inc. has acquired the matured & secured non-affiliated debt in Alaska Energy, it intends to convert that debt into common shares, which it will sell or book as equity on its own balance sheet.
Alaska Pacific Energy Corp. Enters Agreement With Black Gold Energy
Marketwire - Mon May 20, 6:48AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced on Friday that it has entered into a consulting land man agreement with Black Gold Energy. The terms of the agreement call for Black Gold Energy President Jack W. Holmes and his associates and staff to act as a Land Man for Alaska Pacific. Specifically Jack and his team will evaluate the various acquisition opportunities that the company is and will consider. Additionally the team will search for and bring deals to the company for acquisition.
Alaska Pacific Energy Corp. Issues More Information Regarding Their Letter of Intent to Purchase Eagle Ford Shale Drill Site in McMullen County, Texas
PR Newswire - Thu Apr 25, 12:29PM CDT
Alaska Pacific Energy Corp. (OTC PINK: ASKE) announced ten days ago that it has issued a letter of intent to purchase 100% of the mineral rights on 40 acres in McMullen County, Texas. In that release the Company had indicated that it would release more specific information later that week. "Everything seems to take longer than expected," said Company President Dominick Falso. "However I can now say that the deal is moving along as expected. Also I have received numerous telephone calls and emails asking about the drill site. I can say that the site is in the middle of petrohawks (hk) hawkville field which is a multi billion dollar company. As I have mentioned before, we have funders that are willing to get involved with deals for a piece of the deal, contingent upon the merits of the deal and as I have previously stated, this one acquisition could produce hundreds of thousands of dollars per month in revenues in exchange for an investment of less than half a million dollars ...I am very excited."
Alaska Pacific Energy Corp Issues Letter of Intent to Purchase Eagle Ford Shale Drill Site in McMullen County, Texas
PR Newswire - Tue Apr 16, 7:15AM CDT
Alaska Pacific Energy Corp. (OTC PINK: ASKE) announced yesterday morning that it has issued a letter of intent to purchase 100% of the mineral rights on 40 acres in McMullen County Texas. The closing of the transaction is contingent upon final due diligence which is occurring now. The value of the purchase is found in the Eagle Ford Shale Payzone in addition to the fact that the transaction would give the Company 100% of the Oil and Gas Rights to all depths on the property. The proposed transaction is subject to a lease of a 77% working interest to a substantial oil company that has made several wells in the area. If this 'other' company does not drill on the property by the end of the year, they lose the lease and the Company (Alaska Pacific) can then either re-lease the working interest to another oil company or the Company could drill the wells for themselves.
Alaska Pacific Energy Corp Takes Steps Toward Becoming Reporting Company: Engages International Firm to Conduct Audit
Marketwire - Wed Mar 27, 6:45AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced last week that it has retained the services of RBSM LLP-Accountants and Advisors. The scope of the engagement is to conduct an audit of the company's financials. The purpose of the audit is to assist the company in becoming once again listed as an OTCQB Company. As an OTCQB company, the company is required to have its financial reports audited by a Public Company Accounting Oversight Board Accounting Firm (PCAOB). These financial reports as well as disclosure and other reports are filed with the Securities Exchange Commission. http://www.otcmarkets.com/companies-advisors/otcqb.
Alaska Pacific Energy Corp: Message From the President
Marketwire - Thu Mar 14, 7:30AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) published a message from its President, Dominick Falso. Mr. Falso said, "I have been receiving a lot of telephone calls expressing concern over a few specific issues. I simply do not have the time to answer each call and/or email personally, so I will address the issues here. Many people are concerned about the price of the stock. Of course, it is important to all of us. A lot of the calls and emails are expressing concern as well over the raised authorized shares and the additional shares that have been issued. I have also received some telephone calls, messages and emails that presume the company is selling stock into the market.
Alaska Pacific Energy Exploring Project Funding
PR Newswire - Fri Mar 08, 7:30AM CST
Alaska Pacific Energy Corp. (OTCPINK: ASKE) announced yesterday that it has expanded the focus of examining their funding options to include Project Funding. The Company has previously announced that it intended on funding their upcoming oil projects by offering restricted shares of common stock. Since the company's recently announced commitment to exhaust all efforts to once again become a reporting company, the company has been offered various additional funding options. Company President Dominick Falso is currently examining Project Funding.
Alaska Pacific Energy Looking to McMullen County Texas for First Oil/Gas Lease Acquisition
Marketwire - Tue Mar 05, 7:30AM CST
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced yesterday that it is prepared to make an offer on several hundred acres of oil leases in McMullen County Texas. "The geology appears to support the investment," said Company President Dominick Falso. "We are putting the finishing points on the offer which will include a small amount of cash and a substantial amount of restricted shares of our common stock...This gives us one year from the closing to become profitable on the deal...I feel good about this opportunity."
Alaska Pacific Energy Commits to Upgrading to an OTCQB
PR Newswire - Thu Feb 28, 10:53AM CST
Alaska Pacific Energy Corp. (OTCPINK: ASKE) announced today that it has concluded its fact finding regarding whether or not it makes sense to become a reporting company again. Since new management took over in December of last year the company completed all the necessary tasks to once again regain its status of "OTC Pink Current Information" on the OTC Market. At that point Company President Dominick Falso indicated that "... it just makes sense for the company to determine whether continuing the remediation of the company's OTC status back to the QB. is a fiscally sound idea."
Alaska Pacific Energy Considering South Texas Oil/Gas Lease
PR Newswire - Wed Feb 27, 7:00AM CST
Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced earlier this week that it is moving closer to a deal for drilling acreage in McMullen County, Texas. The acreage being considered appears to be able to provide an outstanding pay from the Eagle Ford Shale Pay Zone. Experts have estimated over 25 Billion Barrels of oil and 150 trillion cubic feet of natural gas in the Eagle Ford Shale Pay Zone. The company is in the process of accessing additional geology on the actual tracts that they are considering. There are also stacked payout opportunities in formations that are found both above and below the Eagle Ford. This is a very exciting time at the company.
Olie Inc. Concluding Debt Assignment Plan in Alaska Energy
GlobeNewswire - Mon Jan 13, 6:05AM CST
Olie Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, is pleased to announce that the negotiations with the non-disclosed and non-affiliated cash note holder in Alaska Energy Corporation (Alaska Energy) (PINK SHEETS:ASKE) to purchase and assign a nominal amount of their aged debt, is now concluded. Olie has now purchased part of this matured, secured debt. Olie remains intent upon converting that part into common shares which it will either sell or book as equity on its own balance sheet.
Olie Inc. Announces Debt Assignment Plan in Alaska Energy
GlobeNewswire - Tue Nov 26, 6:05AM CST
Olie Inc. (OTCQB:OLIE) President, Robert Gardner, is pleased to announce that it has commenced negotiations with an undisclosed non-affiliated cash note holder in Alaska Energy Corporation (Alaska Energy) (PINKSHEETS:ASKE) to purchase and assign a nominal amount of their aged debt. Olie Inc. intends to purchase part of this matured, secured debt because of the attractive conversion privileges of the original aged note. Once Olie Inc. has acquired the matured & secured non-affiliated debt in Alaska Energy, it intends to convert that debt into common shares, which it will sell or book as equity on its own balance sheet.
Alaska Pacific Energy Corp. Enters Agreement With Black Gold Energy
Marketwire - Mon May 20, 6:48AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced on Friday that it has entered into a consulting land man agreement with Black Gold Energy. The terms of the agreement call for Black Gold Energy President Jack W. Holmes and his associates and staff to act as a Land Man for Alaska Pacific. Specifically Jack and his team will evaluate the various acquisition opportunities that the company is and will consider. Additionally the team will search for and bring deals to the company for acquisition.
Alaska Pacific Energy Corp. Issues More Information Regarding Their Letter of Intent to Purchase Eagle Ford Shale Drill Site in McMullen County, Texas
PR Newswire - Thu Apr 25, 12:29PM CDT
Alaska Pacific Energy Corp. (OTC PINK: ASKE) announced ten days ago that it has issued a letter of intent to purchase 100% of the mineral rights on 40 acres in McMullen County, Texas. In that release the Company had indicated that it would release more specific information later that week. "Everything seems to take longer than expected," said Company President Dominick Falso. "However I can now say that the deal is moving along as expected. Also I have received numerous telephone calls and emails asking about the drill site. I can say that the site is in the middle of petrohawks (hk) hawkville field which is a multi billion dollar company. As I have mentioned before, we have funders that are willing to get involved with deals for a piece of the deal, contingent upon the merits of the deal and as I have previously stated, this one acquisition could produce hundreds of thousands of dollars per month in revenues in exchange for an investment of less than half a million dollars ...I am very excited."
Alaska Pacific Energy Corp Issues Letter of Intent to Purchase Eagle Ford Shale Drill Site in McMullen County, Texas
PR Newswire - Tue Apr 16, 7:15AM CDT
Alaska Pacific Energy Corp. (OTC PINK: ASKE) announced yesterday morning that it has issued a letter of intent to purchase 100% of the mineral rights on 40 acres in McMullen County Texas. The closing of the transaction is contingent upon final due diligence which is occurring now. The value of the purchase is found in the Eagle Ford Shale Payzone in addition to the fact that the transaction would give the Company 100% of the Oil and Gas Rights to all depths on the property. The proposed transaction is subject to a lease of a 77% working interest to a substantial oil company that has made several wells in the area. If this 'other' company does not drill on the property by the end of the year, they lose the lease and the Company (Alaska Pacific) can then either re-lease the working interest to another oil company or the Company could drill the wells for themselves.
Alaska Pacific Energy Corp Takes Steps Toward Becoming Reporting Company: Engages International Firm to Conduct Audit
Marketwire - Wed Mar 27, 6:45AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced last week that it has retained the services of RBSM LLP-Accountants and Advisors. The scope of the engagement is to conduct an audit of the company's financials. The purpose of the audit is to assist the company in becoming once again listed as an OTCQB Company. As an OTCQB company, the company is required to have its financial reports audited by a Public Company Accounting Oversight Board Accounting Firm (PCAOB). These financial reports as well as disclosure and other reports are filed with the Securities Exchange Commission. http://www.otcmarkets.com/companies-advisors/otcqb.
Alaska Pacific Energy Corp: Message From the President
Marketwire - Thu Mar 14, 7:30AM CDT
Alaska Pacific Energy Corp. (OTC Pink: ASKE) published a message from its President, Dominick Falso. Mr. Falso said, "I have been receiving a lot of telephone calls expressing concern over a few specific issues. I simply do not have the time to answer each call and/or email personally, so I will address the issues here. Many people are concerned about the price of the stock. Of course, it is important to all of us. A lot of the calls and emails are expressing concern as well over the raised authorized shares and the additional shares that have been issued. I have also received some telephone calls, messages and emails that presume the company is selling stock into the market.
Alaska Pacific Energy Exploring Project Funding
PR Newswire - Fri Mar 08, 7:30AM CST
Alaska Pacific Energy Corp. (OTCPINK: ASKE) announced yesterday that it has expanded the focus of examining their funding options to include Project Funding. The Company has previously announced that it intended on funding their upcoming oil projects by offering restricted shares of common stock. Since the company's recently announced commitment to exhaust all efforts to once again become a reporting company, the company has been offered various additional funding options. Company President Dominick Falso is currently examining Project Funding.
Alaska Pacific Energy Looking to McMullen County Texas for First Oil/Gas Lease Acquisition
Marketwire - Tue Mar 05, 7:30AM CST
Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced yesterday that it is prepared to make an offer on several hundred acres of oil leases in McMullen County Texas. "The geology appears to support the investment," said Company President Dominick Falso. "We are putting the finishing points on the offer which will include a small amount of cash and a substantial amount of restricted shares of our common stock...This gives us one year from the closing to become profitable on the deal...I feel good about this opportunity."
Alaska Pacific Energy Commits to Upgrading to an OTCQB
PR Newswire - Thu Feb 28, 10:53AM CST
Alaska Pacific Energy Corp. (OTCPINK: ASKE) announced today that it has concluded its fact finding regarding whether or not it makes sense to become a reporting company again. Since new management took over in December of last year the company completed all the necessary tasks to once again regain its status of "OTC Pink Current Information" on the OTC Market. At that point Company President Dominick Falso indicated that "... it just makes sense for the company to determine whether continuing the remediation of the company's OTC status back to the QB. is a fiscally sound idea."
Alaska Pacific Energy Considering South Texas Oil/Gas Lease
PR Newswire - Wed Feb 27, 7:00AM CST
Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced earlier this week that it is moving closer to a deal for drilling acreage in McMullen County, Texas. The acreage being considered appears to be able to provide an outstanding pay from the Eagle Ford Shale Pay Zone. Experts have estimated over 25 Billion Barrels of oil and 150 trillion cubic feet of natural gas in the Eagle Ford Shale Pay Zone. The company is in the process of accessing additional geology on the actual tracts that they are considering. There are also stacked payout opportunities in formations that are found both above and below the Eagle Ford. This is a very exciting time at the company.
