Latest Kabe Exploration (KABX) Headlines
Kabe Exploration Announces Oil and Gas Acquisition Plans
Marketwire - Mon Dec 09, 5:00AM CST
Kabe Exploration Inc. (OTCBB: KABX) (OTCQB: KABX) is pleased to announce it has submitted a proposal to acquire a 140 acre proven producing oilfield located in Murray County, OK. The oilfield current production is 93 BOPD with cash flow over $2,000,000 annually. The field has estimated 2 million proven recoverable barrels of oil with 13 wells (9 producing), shallow depths of 1500 ft. We plan to go into the field and drill additional wells and re-work existing wells with acidation and other stimulation treatments to increase production from these wells. This prolific field will enhance our portfolio of oil and gas assets to build a great independent oil company. "We have seen an overwhelming response to our capital raise efforts which has strengthened our balance sheet and believe that acquiring core producing assets with good revenues will create shareholder value in the long term," says Erik Ulsteen, CEO.
Kabe Exploration Letter to Shareholders
Marketwire - Fri Dec 06, 7:01AM CST
Kabe Exploration Inc. (OTCBB: KABX), (OTCQB: KABX)
Kabe explores JV investment with International Equity Partners Oil & Gas
M2 - Mon Aug 05, 3:57AM CDT
An oil and gas company, Kabe Exploration (OTCBB:KABX) disclosed on Friday a 1031 exchange with its joint venture (JV) partner International Equity Partners Oil & Gas Inc to acquire 10,000,000 shares of its common stock.
Kabe Exploration Announces Joint Venture Investment
Business Wire - Fri Aug 02, 7:30AM CDT
Kabe Exploration (OTCBB: KABX) announces a 1031 exchange with its joint venture partner International Equity Partners Oil & Gas, Inc. to acquire 10,000,000 shares of its common stock. International Equity Partners Oil & Gas is also in talks with Kabe's largest shareholder to acquire a controlling block in a private sale. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE and International Equity Partners Oil & Gas have prepared a detailed business plan and operational schedule. "We strongly value our joint venture partnership and believe through International Equity Partners we can effectively achieve our goals," says Erik Ulsteen, CEO.
Kabe Exploration Inc. Letter to Shareholders Regarding Tender Offer
Business Wire - Tue Jul 30, 1:01PM CDT
Kabe Exploration (OTCBB: KABX) announced a tender offer from International Equity Partners Oil & Gas to acquire 100% of Kabe Exploration common shares in a 2-for-1 share exchange based upon a share valuation of .11700 EU per International Equity Partners shares which are Canadian Depository Receipts (CDS) currently offered at 2,50 EU per share in the European private placement market. Our board of directors has determined the proposed acquisition offer is not a fair offer in the interest of the company and its shareholders, thus rejecting the offer. Our management team hopes to develop a great independent oil and gas concern. "We will continue to work with International Equity Partners Oil & Gas in finding synergies between the two companies through joint venture partnerships for development opportunities," says Erik Ulsteen, CEO and Chairman of the Board.
BESTOTC Daily Stock Watch Amerigo Energy, Inc. (OTCQB:AGOE), Crown Equity Holdings, Inc. (OTCQB:CRWE), and Kabe Exploration (OTCQB:KABX)
WorldStockWire - Tue Jul 16, 11:45AM CDT
Bestotc.com, a division of Crown Equity Holdings Inc. (OTCQB:CRWE) tracks stocks daily and is pleased to offer its hot stock to watch . Our stock focus today is on:
Kabe Exploration Announces Tender Offer
Business Wire - Thu Jul 11, 4:00AM CDT
Kabe Exploration (OTCBB: KABX) announces that an unsolicited tender offer has been presented by its joint venture partner International Equity partners Oil & Gas, Inc. to acquire 100% of its outstanding shares. The tender offer is subject to board approval and majority shareholders approval. Kabe Exploration Inc. announced on June 08, 2013 that it entered into a letter of intent to form a joint venture partnership with Canadian oil and gas holding company International Equity Partners Oil & Gas, Inc. for the exploration and development of 7,300 acres of oil leases in the highly productive Mississippian field of Southern Kansas. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE's five year operational plan is expected to bring 24 new oil wells into production. Each well in the area is estimated to yield 400,000 barrels of oil--that's 9,600,00
Kabe Exploration Announces Loan Agreement with Phoenix Group Capital Markets
Business Wire - Mon Jul 01, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX) is pleased to announce that it has secured a bridge loan with Phoenix Group Capital Markets, a UK holding company, through its wholly owned micro-cap investment fund. The bridge loan was secured with restricted stock for operating capital purposes. The company had previously entered into a $5,000,000 Reserve Equity Financing Agreement with Phoenix Group in a term sheet announced in May. "This bridge loan affirms the level of investment confidence we are seeing from the professional investment community," said Erik Ulsteen, the company's CEO.
Kabe Exploration Announces $500,000 Funding Commitment from JMJ Financial
Business Wire - Fri Jun 28, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX): The Company is pleased to announce that it has secured a $500,000 Equity Commitment with JMJ Financial. The funding was secured through issuance of restricted shares. The company has already received the first tranche funding to assist the company with its operational drilling development cost. "We are excited about the level of investment confidence we are seeing from the professional investment community," says Erik Ulsteen, the company's CEO.
Kabe Exploration Enters into LOI with International Equity Partners Oil & Gas to Develop 24 Oil Wells Representing an Estimated 9,600,000 Barrels of Oil
Business Wire - Mon Jun 10, 4:00AM CDT
Kabe Exploration Inc. (OTCBB: KABX) today announces that it has entered into a letter of intent to form a joint venture partnership with Canadian oil and gas holding company International Equity Partners Oil & Gas, Inc. for the exploration and development of 7,300 acres of oil leases in the highly productive Mississippian field of southern Kansas. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE's five year operational plan is expected to bring 24 new oil wells into production.
Kabe Exploration Announces New Board Member
Business Wire - Fri Jun 07, 4:00AM CDT
Kabe Exploration Inc. (OTCBB: KABX): Kabe Exploration is pleased to announce a new member to its board of directors. Roger A.T Smith has over 35 years' oil and gas drilling, completion, work over and production experience with a B.A. in Mechanical Engineering. Mr. Smith is the CEO of The Sanday Corporation (a private company) which provides drilling services and advisory to oil majors. Mr. Smith has been an advisor to Petrohawk, K&M Technology Group, Chevron, BP and ConocoPhillips. The Sanday Corporation has been selected for the 2011 Houston Award in the Real Estate / Oil & Gas Investments category by the U.S. Commerce Association (USCA).
Kabe Exploration Announces $5,000,000 Funding Term Sheet
Business Wire - Thu May 23, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX) is pleased to announce that it has secured a $5,000,000 Equity Financing Term Sheet with Phoenix Group Capital Markets, a UK holding company, through its wholly owned micro-cap investment fund. The company expects to begin using the equity line of credit for funding once its planned registration statement is completed and approved.
Market Maker Surveillance Report. PFE, GE, JNJ, ABX, VPLM, KABX, Highest Net Sell Volume and Negative Price Friction For Wednesday, May 1st 2013
M2 - Thu May 02, 2:41AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3685 companies with "abnormal" market making, 1568 companies with positive Friction Factors and 3905 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Wednesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Pfizer Inc (NYSE
FE), General Electric Co (NYSE:GE), Johnson & Johnson (NYSE:JNJ), Barrick Gold Corp (NYSE:ABX), Voip Pal Com Inc (OTC:VPLM), Kabe Exploration Inc (OTC:KABX). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all sto
Kabe Exploration Announces Funding Agreement
Business Wire - Wed May 01, 8:13AM CDT
Kabe Exploration, Inc. (OTCBB: KABX): The Company is pleased to announce the first round of funding for its drilling program. The first funding commitment is for $250,000 and is committed to the Company by its Chairman Erik Ulsteen. Restricted shares will be issued for the investment at 6 cents per share. The Company has further agreed that it will convert a loan currently on its books for $35,708.00. The loan will be converted to restricted shares at the same rate which is 6 cents per share. The Company is hereby debt free. "I have committed funds from my personal capital to the first phase of drilling," says Erik Ulsteen, CEO. The Company will need to raise another $250,000 to commence drilling, and discussions are ongoing with several investors with a plan to close shortly.
Kabe Exploration Inc. Letter to Shareholders
M2 - Tue Apr 30, 8:39AM CDT
SAN DIEGO, Apr 30, 2013 -- Kabe Exploration, Inc. (OTCBB: KABX) (the "Company") has sent the following letter to its stockholders:
Kabe Exploration Inc. Announces LOI to Acquire New Mineral Lease
Business Wire - Mon Feb 25, 5:00AM CST
Kabe Exploration Inc. (OTCBB: KABX) announces new Letter of Intent with Mazzullo Exploration, LLC & McLeod Exploration to acquire 320 Mineral lease acres in Butler County Kansas representing a 81% NRI. The plan is to drill shallow wells 3300-6000 ft. on a turnkey basis, which is a very low cost drilling program. We hope to achieve production of approx. 100-200 BPD for each well and we plan to drill 1 well initially and up to 7 wells if results from first one are positive.
Kabe Exploration Inc hires expert geologist to advise company
M2 - Mon Feb 11, 10:08AM CST
Oil & gas exploration and development company Kabe Exploration Inc (OTC:KABX) reported on Friday the appointment of management consultant and expert geologist Dr S J Mazullo.
Kabe Exploration Inc. Announces New Management Hiring
Business Wire - Fri Feb 08, 11:25AM CST
Kabe Exploration Inc. (OTCBB: KABX) announces its new hiring of management consultant Dr. S. J. Mazullo to provide geologic consulting services for the purpose of interpreting and analyzing available subsurface geologic data, and preparation of pertinent subsurface maps and cross-sections and compilation or interpretation assembly of related geologic documentation, in the search for oil and gas in Kansas and adjoining states; and for advising, directing, recommending, or otherwise assisting the Company in their oil/gas exploration research and development or other activities, methods or processes useful in the conduct of the development of recently acquired assets in the Mississippi lime assets recently acquired by the company in Kansas. Dr. Mazullo is carefully mapping out our strategic development plans for our drilling team.
Kabe Exploration Announces Oil and Gas Acquisition Plans
Marketwire - Mon Dec 09, 5:00AM CST
Kabe Exploration Inc. (OTCBB: KABX) (OTCQB: KABX) is pleased to announce it has submitted a proposal to acquire a 140 acre proven producing oilfield located in Murray County, OK. The oilfield current production is 93 BOPD with cash flow over $2,000,000 annually. The field has estimated 2 million proven recoverable barrels of oil with 13 wells (9 producing), shallow depths of 1500 ft. We plan to go into the field and drill additional wells and re-work existing wells with acidation and other stimulation treatments to increase production from these wells. This prolific field will enhance our portfolio of oil and gas assets to build a great independent oil company. "We have seen an overwhelming response to our capital raise efforts which has strengthened our balance sheet and believe that acquiring core producing assets with good revenues will create shareholder value in the long term," says Erik Ulsteen, CEO.
Kabe Exploration Letter to Shareholders
Marketwire - Fri Dec 06, 7:01AM CST
Kabe Exploration Inc. (OTCBB: KABX), (OTCQB: KABX)
Kabe explores JV investment with International Equity Partners Oil & Gas
M2 - Mon Aug 05, 3:57AM CDT
An oil and gas company, Kabe Exploration (OTCBB:KABX) disclosed on Friday a 1031 exchange with its joint venture (JV) partner International Equity Partners Oil & Gas Inc to acquire 10,000,000 shares of its common stock.
Kabe Exploration Announces Joint Venture Investment
Business Wire - Fri Aug 02, 7:30AM CDT
Kabe Exploration (OTCBB: KABX) announces a 1031 exchange with its joint venture partner International Equity Partners Oil & Gas, Inc. to acquire 10,000,000 shares of its common stock. International Equity Partners Oil & Gas is also in talks with Kabe's largest shareholder to acquire a controlling block in a private sale. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE and International Equity Partners Oil & Gas have prepared a detailed business plan and operational schedule. "We strongly value our joint venture partnership and believe through International Equity Partners we can effectively achieve our goals," says Erik Ulsteen, CEO.
Kabe Exploration Inc. Letter to Shareholders Regarding Tender Offer
Business Wire - Tue Jul 30, 1:01PM CDT
Kabe Exploration (OTCBB: KABX) announced a tender offer from International Equity Partners Oil & Gas to acquire 100% of Kabe Exploration common shares in a 2-for-1 share exchange based upon a share valuation of .11700 EU per International Equity Partners shares which are Canadian Depository Receipts (CDS) currently offered at 2,50 EU per share in the European private placement market. Our board of directors has determined the proposed acquisition offer is not a fair offer in the interest of the company and its shareholders, thus rejecting the offer. Our management team hopes to develop a great independent oil and gas concern. "We will continue to work with International Equity Partners Oil & Gas in finding synergies between the two companies through joint venture partnerships for development opportunities," says Erik Ulsteen, CEO and Chairman of the Board.
BESTOTC Daily Stock Watch Amerigo Energy, Inc. (OTCQB:AGOE), Crown Equity Holdings, Inc. (OTCQB:CRWE), and Kabe Exploration (OTCQB:KABX)
WorldStockWire - Tue Jul 16, 11:45AM CDT
Bestotc.com, a division of Crown Equity Holdings Inc. (OTCQB:CRWE) tracks stocks daily and is pleased to offer its hot stock to watch . Our stock focus today is on:
Kabe Exploration Announces Tender Offer
Business Wire - Thu Jul 11, 4:00AM CDT
Kabe Exploration (OTCBB: KABX) announces that an unsolicited tender offer has been presented by its joint venture partner International Equity partners Oil & Gas, Inc. to acquire 100% of its outstanding shares. The tender offer is subject to board approval and majority shareholders approval. Kabe Exploration Inc. announced on June 08, 2013 that it entered into a letter of intent to form a joint venture partnership with Canadian oil and gas holding company International Equity Partners Oil & Gas, Inc. for the exploration and development of 7,300 acres of oil leases in the highly productive Mississippian field of Southern Kansas. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE's five year operational plan is expected to bring 24 new oil wells into production. Each well in the area is estimated to yield 400,000 barrels of oil--that's 9,600,00
Kabe Exploration Announces Loan Agreement with Phoenix Group Capital Markets
Business Wire - Mon Jul 01, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX) is pleased to announce that it has secured a bridge loan with Phoenix Group Capital Markets, a UK holding company, through its wholly owned micro-cap investment fund. The bridge loan was secured with restricted stock for operating capital purposes. The company had previously entered into a $5,000,000 Reserve Equity Financing Agreement with Phoenix Group in a term sheet announced in May. "This bridge loan affirms the level of investment confidence we are seeing from the professional investment community," said Erik Ulsteen, the company's CEO.
Kabe Exploration Announces $500,000 Funding Commitment from JMJ Financial
Business Wire - Fri Jun 28, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX): The Company is pleased to announce that it has secured a $500,000 Equity Commitment with JMJ Financial. The funding was secured through issuance of restricted shares. The company has already received the first tranche funding to assist the company with its operational drilling development cost. "We are excited about the level of investment confidence we are seeing from the professional investment community," says Erik Ulsteen, the company's CEO.
Kabe Exploration Enters into LOI with International Equity Partners Oil & Gas to Develop 24 Oil Wells Representing an Estimated 9,600,000 Barrels of Oil
Business Wire - Mon Jun 10, 4:00AM CDT
Kabe Exploration Inc. (OTCBB: KABX) today announces that it has entered into a letter of intent to form a joint venture partnership with Canadian oil and gas holding company International Equity Partners Oil & Gas, Inc. for the exploration and development of 7,300 acres of oil leases in the highly productive Mississippian field of southern Kansas. International Equity Partners Oil & Gas will contribute capital and expertise toward developing the assets for production. KABE's five year operational plan is expected to bring 24 new oil wells into production.
Kabe Exploration Announces New Board Member
Business Wire - Fri Jun 07, 4:00AM CDT
Kabe Exploration Inc. (OTCBB: KABX): Kabe Exploration is pleased to announce a new member to its board of directors. Roger A.T Smith has over 35 years' oil and gas drilling, completion, work over and production experience with a B.A. in Mechanical Engineering. Mr. Smith is the CEO of The Sanday Corporation (a private company) which provides drilling services and advisory to oil majors. Mr. Smith has been an advisor to Petrohawk, K&M Technology Group, Chevron, BP and ConocoPhillips. The Sanday Corporation has been selected for the 2011 Houston Award in the Real Estate / Oil & Gas Investments category by the U.S. Commerce Association (USCA).
Kabe Exploration Announces $5,000,000 Funding Term Sheet
Business Wire - Thu May 23, 4:00AM CDT
Kabe Exploration, Inc. (OTCBB: KABX) is pleased to announce that it has secured a $5,000,000 Equity Financing Term Sheet with Phoenix Group Capital Markets, a UK holding company, through its wholly owned micro-cap investment fund. The company expects to begin using the equity line of credit for funding once its planned registration statement is completed and approved.
Market Maker Surveillance Report. PFE, GE, JNJ, ABX, VPLM, KABX, Highest Net Sell Volume and Negative Price Friction For Wednesday, May 1st 2013
M2 - Thu May 02, 2:41AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3685 companies with "abnormal" market making, 1568 companies with positive Friction Factors and 3905 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Wednesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Pfizer Inc (NYSE
FE), General Electric Co (NYSE:GE), Johnson & Johnson (NYSE:JNJ), Barrick Gold Corp (NYSE:ABX), Voip Pal Com Inc (OTC:VPLM), Kabe Exploration Inc (OTC:KABX). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all sto Kabe Exploration Announces Funding Agreement
Business Wire - Wed May 01, 8:13AM CDT
Kabe Exploration, Inc. (OTCBB: KABX): The Company is pleased to announce the first round of funding for its drilling program. The first funding commitment is for $250,000 and is committed to the Company by its Chairman Erik Ulsteen. Restricted shares will be issued for the investment at 6 cents per share. The Company has further agreed that it will convert a loan currently on its books for $35,708.00. The loan will be converted to restricted shares at the same rate which is 6 cents per share. The Company is hereby debt free. "I have committed funds from my personal capital to the first phase of drilling," says Erik Ulsteen, CEO. The Company will need to raise another $250,000 to commence drilling, and discussions are ongoing with several investors with a plan to close shortly.
Kabe Exploration Inc. Letter to Shareholders
M2 - Tue Apr 30, 8:39AM CDT
SAN DIEGO, Apr 30, 2013 -- Kabe Exploration, Inc. (OTCBB: KABX) (the "Company") has sent the following letter to its stockholders:
Kabe Exploration Inc. Announces LOI to Acquire New Mineral Lease
Business Wire - Mon Feb 25, 5:00AM CST
Kabe Exploration Inc. (OTCBB: KABX) announces new Letter of Intent with Mazzullo Exploration, LLC & McLeod Exploration to acquire 320 Mineral lease acres in Butler County Kansas representing a 81% NRI. The plan is to drill shallow wells 3300-6000 ft. on a turnkey basis, which is a very low cost drilling program. We hope to achieve production of approx. 100-200 BPD for each well and we plan to drill 1 well initially and up to 7 wells if results from first one are positive.
Kabe Exploration Inc hires expert geologist to advise company
M2 - Mon Feb 11, 10:08AM CST
Oil & gas exploration and development company Kabe Exploration Inc (OTC:KABX) reported on Friday the appointment of management consultant and expert geologist Dr S J Mazullo.
Kabe Exploration Inc. Announces New Management Hiring
Business Wire - Fri Feb 08, 11:25AM CST
Kabe Exploration Inc. (OTCBB: KABX) announces its new hiring of management consultant Dr. S. J. Mazullo to provide geologic consulting services for the purpose of interpreting and analyzing available subsurface geologic data, and preparation of pertinent subsurface maps and cross-sections and compilation or interpretation assembly of related geologic documentation, in the search for oil and gas in Kansas and adjoining states; and for advising, directing, recommending, or otherwise assisting the Company in their oil/gas exploration research and development or other activities, methods or processes useful in the conduct of the development of recently acquired assets in the Mississippi lime assets recently acquired by the company in Kansas. Dr. Mazullo is carefully mapping out our strategic development plans for our drilling team.
