STTX Stock News 0.3450 05/07/2014 08:27:24 Stratex Oil & Gas

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Stratex Oil & Gas Holdings Inc (STTX) 0.3450 $STTX

Stratex Oil & Gas and Richfield Oil & Gas Enter Into Agreement and Plan of Merger
Marketwire - 21 mins ago
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" and Richfield Oil & Gas Company ("Richfield" announced today that the two companies, together with Richfield Acquisition Corp. ("RAC", a wholly-owned subsidiary of Stratex, have entered into an Agreement and Plan of Merger (the "Merger Agreement", pursuant to which, subject to the satisfaction or waiver of certain conditions, RAC will merge with and into Richfield (the "Merger", with Richfield becoming a wholly-owned subsidiary of Stratex.

Steel Technologies to Acquire Stripco
Business Wire - Tue Apr 22, 7:31AM CDT
Steel Technologies LLC ("Steel Technologies" today announced its agreement to purchase Stripco LLC, Stripco Sales Company, LLC, and Stripco Express Inc. (collectively, "Stripco". Stripco is a premier value-added steel processor with operations in Mishawaka, Indiana. The transaction has received governmental approval and is expected to close in early May.

Stratex Oil & Gas Enters Into Joint Development Agreement to Exploit Significant San Miguel Oil Resource in Zavala County, Texas
Marketwire - Wed Apr 16, 7:03AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) (the "Company" announced today that it has entered into a Joint Development Agreement ("JDA", dated as of April 11, 2014, by and among the Company, Quadrant Resources LLC, ("Quadrant", and Eagleford Energy, Zavala Inc. ("EEZ". Pursuant to the JDA, Quadrant has agreed, at its sole cost and expense, to drill 3 wells and to rework 5 wells to test the San Miguel formation (the "Phase I Work Program" on an oil and gas lease covering 2,629 acres in Zavala County, Texas (the "Matthews Lease". Presently, each of Stratex and EEZ has the rights to an undivided 50% working interest in the Lease.

The evolution of an Alberta company: Your World. Our Passion.
CNW Group - Tue Jan 21, 10:00AM CST
After more than 40 years in Edmonton, Waiward revamps its brand, officially adds construction services to its roster

Stratex Oil & Gas Holdings Reports a Revenue Increase of 21% for the 3-Month Period Ended March 31, 2013 Compared to 3-Month Period Ended March 31, 2012
Marketwire - Mon May 20, 6:45AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" began its operations in January 2011 and is the resultant company after a merger in July 2012. Stratex is aggregating oil and gas leases on properties primarily in the Bakken formation in North Dakota and Montana even though it owns leases in other formations and locations. We do not intend to primarily operate the drilling programs pertaining to our holdings, but rather to participate in the cash flow through a carried interest in each property.

Stratex Provides Update on Texas
Marketwire - Mon May 13, 6:42AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex", recently announced that it is converting the Minzenmayer 3 well to a salt water disposal well to aid in the daily production volume of the Minzenmayer 3-B well. Since reopening the Minzenmayer 3-B in March of this year, the well has been limited in its daily oil production due to the lack of salt water disposal capabilities on site. Stratex believes the conversion of the Minzenmayer 3 will more than double the production of the Minzenmayer 3B. Stratex will continue to evaluate the Runnels County prospect for additional daily production.

Ford Fusion Design Team Earns Automotive Excellence Award at 12th Annual Great Designs in Steel Seminar
PR Newswire - Wed May 01, 7:30AM CDT
The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute gave top honors to Ford Motor Co.'s Ford Fusion design team at the 12th Annual Great Designs in Steel Seminar (GDIS) in Livonia, Mich. this morning. The Ford team received the annual Automotive Excellence Award for its innovative use of advanced high-strength steel throughout the 2013 Ford Fusion's body structure and closures.

Stratex Oil & Gas, Inc. to Participate in New Whiting Petroleum Three Forks Well
Marketwire - Mon Apr 29, 9:47AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" today announced that it has elected to participate in a new Three Forks formation horizontal well being drilled on its leasehold in Stark County, North Dakota.

Stratex Provides Update on Golden Valley
Marketwire - Thu Apr 25, 6:58AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" recently learned that several successful Red River formation wells have been drilled approximately 12 miles north of its leaseholds in Golden Valley. Whiting petroleum has drilled and/or permitted 10 additional wells in Golden Valley, North Dakota in the last several months. Additionally, Whiting Petroleum has applied to the North Dakota Industrial Commission to consider temporary spacing to develop two oil/gas pools discovered by previous wells in Golden Valley County, ND.

Stratex Begins Production From Its Second Runnels County Well
Marketwire - Mon Apr 22, 7:12AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" today announced that it has re-entered a previously shut in well, the Minzenmayer #3, the second re-entry on its Runnels County lease. Following an acid treatment, the Minzenmayer #3 has produced 49 barrels of barrels of oil over the last four days. Over the 24 hour period from 7:00 a.m. on Saturday, April 20th through 7:00 a.m. on Sunday, April 21st, the well produced 9 barrels of oil, 35 mcf of gas and approximately 200 barrels of water. Stratex plans to keep the pump speed at its current level until the morning of April 22nd at which time it will assess the fluid levels to determine whether or not to increase the pump speed. While there is no assurance that the well will be commercially viable, the initial results are encouraging.

Stratex Oil and Gas, Inc. Provides Update on Its Nebraska Leasehold
Marketwire - Thu Apr 18, 6:34AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex", today announced it has leasehold interests in 60,000 gross and 6,000 net acres in Sioux County, Nebraska. Stratex acquired this acreage with the anticipation that an unconventional shale play may develop and Stratex could participate as a non-operating working interest partner.

Stratex Oil & Gas Announces the Reworking of One of Its Three Kansas Wells
Marketwire - Thu Apr 11, 6:50AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex", today announced the reworking of one of its three Kansas wells. Central Operating, the Company's operating partner, is installing a PC pump to increase the disposal of salt water and increase the oil cut production of its Thecla Haas well in Lane County, Kansas. Central operating expects this work over to increase the oil production of the Thecla Haas well immediately.

Saba Software & Stratex Oil and Gas Holdings Analysis Reports: (OTCQB: SABA), (OTCQB: STTX)
ACCESSWIRE-TNW - Tue Apr 09, 11:51AM CDT
New York (April 9th, 2013) -Saba Software Inc. (OTCQB: SABA) stock is at $7.08, same as its previous close. The stock shows neutral trend with trading volume of 1.559 million shares, in contrast to the average daily trading volume of 280k shares. Its neutral trend is further confirmed by its MACD chart. Saba Software stock may go as high as $7.31 in its coming trading sessions. The company stock trades at beta of 1.13 and it has traded in the range of $6.36 and $10.77 in the past 52 weeks.

Stratex Oil & Gas Announces New Bakken Well
Marketwire - Mon Apr 08, 6:29AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" today announced its participation in a new Bakken formation well in Divide County, North Dakota. The well, Olson 35-26-1H, is being drilled and operated by Mountainview Energy, LTD headquartered in Cut Bank, Montana. The Olson 35-26-1H was spud on January 5th, 2013 and is currently on confidential status. Stratex anticipates receiving production data from its operating partner Mountainview Energy, LTD. in the very near future and will update the investment community as soon as possible.

Stratex Announces Acquisition of a New Lease in Texas
Marketwire - Mon Mar 25, 7:27AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" today announced that it has acquired a new lease in Runnels County, Texas containing 386 gross acres. Since signing the lease, Stratex has reopened a shut-in well that had initial production volume of between 60-90 barrels per day and has settled in at 15 barrels per day. This is the Company's first acquisition in Texas.

Stratex Provides Investors With Update on Bakken Wells
Marketwire - Tue Mar 12, 6:35AM CDT
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" today is providing an investor update on its Williston Basin wells. Below is a list of all active wells in both Montana and North Dakota. The list includes producing and drilling wells; it does not include any permitted but not drilling wells. Stratex intends to update the public on the permitted and the AFE'd (authorization for expenditure) wells in a separate release in the near future.
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