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Latest Enerjex Resources Inc. (ENRJ) Headlines

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Posted On: 03/09/2014 6:14:48 PM
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Latest Enerjex Resources Inc. (ENRJ) Headlines



EnerJex Resources Announces Adena Field Operations Update

Marketwire - Thu Mar 06, 8:15AM CST

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company") announced today that it has commenced natural gas production from the previously announced J-Sand well. This well is flowing at a rate of approximately 500 thousand cubic feet (MCF) of liquids-rich natural gas per day on a 14/64" choke up 5.5" casing with a flowing pressure of 400 pounds per square inch. This equates to approximately 100 barrels of oil equivalent (BOE) per day based on an energy equivalent ratio of 6 MCF per barrel of oil and an expected yield of at least 1.4 gallons of natural gas liquids per MCF. Commencement of this production was achieved at a total cost of less than $100,000.



All Aboard! Next Stop on the Lionel Train Express: Toy Fair Booth #5347

PR Newswire - Wed Feb 12, 8:00AM CST

Lionel, the iconic model train company, will be showcasing its newest train sets and license partnerships at Toy Fair 2014, to be held from February 16-19 at the Jacob K. Javitz Convention Center in New York City. Lionel Trains looks to expand its household name by delivering new licensed products, expanding existing partnerships and enhancing play value by embracing technology.



EnerJex Resources Announces Commencement of Natural Gas Production at Adena Field Under New Improved Purchase Contract

Marketwire - Tue Feb 04, 6:15AM CST

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company") announced today that it has commenced natural gas production under a new improved purchase contract in Morgan County, Colorado, where the Company owns a 100% working interest in approximately 19,000 acres covering the majority of Adena Field.



EnerJex Resources Announces Major Expansion of Its Mississippian Oil Project and Successful Preliminary Drilling Results

Marketwire - Tue Dec 31, 10:55AM CST

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company") announced today that it has doubled its acreage position in the Company's Mississippian Oil Project from 2,840 gross (2,556 net) acres to 6,370 gross (5,267 net) acres.



EnerJex Resources Announces Financial Results for the Third Quarter Ended September 30, 2013, Including Record Revenue and a 43% Increase in Adjusted EBITDA

Marketwire - Thu Nov 14, 2:30PM CST

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company") announced today that it has filed its SEC Form 10-Q for the quarter ended September 30, 2013. A copy of this document is available through the Company's website at www.enerjex.com.



EnerJex Resources Announces Financial Results for the Second Quarter Ended June 30, 2013, Including a 31% Increase in Adjusted EBITDA

Marketwire - Mon Aug 12, 8:00AM CDT

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today that it has filed its SEC Form 10-Q for the quarter ended June 30, 2013. A copy of this document is available through the Company's website at www.enerjex.com.



EnerJex Resources and Black Raven Energy Enter Into Merger Agreement

Marketwire - Mon Jul 29, 8:15AM CDT

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today that it has entered into a merger agreement to acquire Black Raven Energy, Inc. ("Black Raven"), a privately held oil and natural gas exploration and production company. Upon consummation of the merger, each share of Black Raven common stock will be converted into 0.34791 of a common share of EnerJex, subject to certain adjustments, resulting in Black Raven stockholders owning approximately 37% of the post-merger Company on a diluted basis.



EnerJex Resources Announces Operational and Strategic Updates

Marketwire - Fri Jul 12, 12:24PM CDT

EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today the following updates:



Enerjex Resources Appoints Richard Menchaca to Board of Directors

ACCESSWIRE - Fri Jul 12, 10:07AM CDT

San Antonio, TX and Kansas City, MO, July 12, 2013 - (eTeligis via Accesswire) - EnerJex Resources, Inc. (OTCQB: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today the following updates:



EnerJex Resources Appoints Richard Menchaca To Board Of Directors

PR Newswire - Tue Jun 11, 1:59PM CDT

EnerJex Resources, Inc. (OTCMarkets: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today the appointment of Richard Menchaca to its Board of Directors. Additionally, Mr. Menchaca has been elected to serve on the Company's Audit Committee.



EnerJex Resources Inc reports divestment of USD450,000 non-core asset in Eastern Kansas

M2 - Thu May 23, 6:59AM CDT

Oil company EnerJex Resources Inc (OTC Markets:ENRJ) said on Wednesday that it has completed the sale of two non-core oil leases in Eastern Kansas to a third-party for total net proceeds of about USD450,000.



EnerJex Resources Announces Non-core Asset Sale

PR Newswire - Wed May 22, 8:00AM CDT

EnerJex Resources, Inc. (OTCMarkets: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today that it has sold two non-core oil leases in Eastern Kansas to a third-party for total net proceeds of approximately $450,000. These properties are located outside of EnerJex's core operating areas, and this divestiture is expected to lower the Company's unit operating expenses. No value was attributed to these assets in EnerJex's borrowing availability under its credit facility with Texas Capital Bank.



EnerJex Resources Inc's borrowing base up 60%

M2 - Wed Apr 17, 10:25AM CDT

Oil company EnerJex Resources Inc (OTC Markets:ENRJ) revealed on Tuesday a hike in its borrowing base from USD12.15m to USD19.5m under the USD50m senior secured revolving line of credit.



EnerJex Resources Inc announces 60% rise in borrowing base under its credit facility

M2 - Tue Apr 16, 7:31AM CDT

Onshore oil company EnerJex Resources Inc (OTC Markets:ENRJ) said on Tuesday that it will raise its borrowing base from USD12.15m to USD19.5m under the USD50m senior secured revolving line of credit.



EnerJex Resources Announces A 60% Borrowing Base Increase To $19.5 Million

PR Newswire - Tue Apr 16, 5:00AM CDT

EnerJex Resources, Inc. (OTCMarkets: ENRJ) ("EnerJex" or the "Company"), a domestic onshore oil company, announced today that Texas Capital Bank, N.A. has approved a borrowing base increase from $12.15 million to $19.5 million under the Company's $50 million senior secured revolving line of credit. This improvement resulted from a significant increase in the estimated quantity and value of EnerJex's producing oil reserves. At present, the Company has $11.0 million drawn under this credit facility, which currently bears interest at a rate of 3.75% per annum.



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