Caprock Oil Inc. (ROKO) 1.4000 $ROKO
Caprock Oil Announces Participation Agreement For Goldman Field Project In Edwards County, Texas
PR Newswire - Thu Jul 17, 8:00AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced that it has entered into a participation agreement with private Houston based Rio Bravo Energy Partners, LLC to acquire a 20 percent working interest in a proposed gas development project in the Goldman Field in Edwards County, Texas. Caprock acquired its working interest from Rio Bravo by the issuance of 120,000 shares of its restricted Common Stock, and by agreeing to assume the obligation for 20% of the costs of drilling an initial well which is expected to commence late in the third quarter of 2014.
Caprock Oil Announces Completion Of Heins #4H Well In Texas And Planned Drilling Of Templet #1 Well In Louisiana
PR Newswire - Thu Jul 10, 1:46PM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced the completion of the Heins #4H well in the Bloomington Field in Victoria County, Texas. The Bloomington Field is a normally pressured water drive field in the Frio oil trend in Victoria County that was initially discovered in 1947. Caprock has a 10 percent non-operated working interest in a horizontal redevelopment project which encompasses about 300 gross acres in the field. The Heins #4H well follows the Heins #2H well, which was completed in August 2013 and is currently producing approximately 100 barrels of oil per day from the same sand. The Heins #4H well has been "swab" tested and surface equipment is presently being installed. The well is expected to go on production by the end of July.
Caprock Oil Announces Closing Of Initial Tranche Of Private Equity Offering
PR Newswire - Tue Jul 01, 8:00AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced the closing of the initial tranche of a private equity offering of its Unit securities with a group of accredited investors. Each Unit is comprised of two shares of Common Stock and a Warrant to purchase a third share of Common Stock, exercisable at $2.00 per share. In the initial tranche, a total of 250,000 Units were sold to three accredited investors at an offering price of $2.00 per Unit, resulting in gross proceeds to the Company of $500,000.
Caprock Oil Announces Election Of Steven Mikel As Chief Executive Officer
PR Newswire - Thu Jun 05, 8:10AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) (formerly, Stratum Holdings, Inc.) has announced the election of Steven H. Mikel as President and Chief Executive Officer. In the position of Chief Executive Officer, Mr. Mikel replaces D. Hughes Watler, Jr., the Company's Chief Financial Officer, who has also been serving as the Company's senior executive officer since April 2013. Mr. Watler remains as Chief Financial Officer.
Caprock Oil Announces Participation Agreement For Goldman Field Project In Edwards County, Texas
PR Newswire - Thu Jul 17, 8:00AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced that it has entered into a participation agreement with private Houston based Rio Bravo Energy Partners, LLC to acquire a 20 percent working interest in a proposed gas development project in the Goldman Field in Edwards County, Texas. Caprock acquired its working interest from Rio Bravo by the issuance of 120,000 shares of its restricted Common Stock, and by agreeing to assume the obligation for 20% of the costs of drilling an initial well which is expected to commence late in the third quarter of 2014.
Caprock Oil Announces Completion Of Heins #4H Well In Texas And Planned Drilling Of Templet #1 Well In Louisiana
PR Newswire - Thu Jul 10, 1:46PM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced the completion of the Heins #4H well in the Bloomington Field in Victoria County, Texas. The Bloomington Field is a normally pressured water drive field in the Frio oil trend in Victoria County that was initially discovered in 1947. Caprock has a 10 percent non-operated working interest in a horizontal redevelopment project which encompasses about 300 gross acres in the field. The Heins #4H well follows the Heins #2H well, which was completed in August 2013 and is currently producing approximately 100 barrels of oil per day from the same sand. The Heins #4H well has been "swab" tested and surface equipment is presently being installed. The well is expected to go on production by the end of July.
Caprock Oil Announces Closing Of Initial Tranche Of Private Equity Offering
PR Newswire - Tue Jul 01, 8:00AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) has announced the closing of the initial tranche of a private equity offering of its Unit securities with a group of accredited investors. Each Unit is comprised of two shares of Common Stock and a Warrant to purchase a third share of Common Stock, exercisable at $2.00 per share. In the initial tranche, a total of 250,000 Units were sold to three accredited investors at an offering price of $2.00 per Unit, resulting in gross proceeds to the Company of $500,000.
Caprock Oil Announces Election Of Steven Mikel As Chief Executive Officer
PR Newswire - Thu Jun 05, 8:10AM CDT
Caprock Oil, Inc. (OTC: ROKO.OB) (formerly, Stratum Holdings, Inc.) has announced the election of Steven H. Mikel as President and Chief Executive Officer. In the position of Chief Executive Officer, Mr. Mikel replaces D. Hughes Watler, Jr., the Company's Chief Financial Officer, who has also been serving as the Company's senior executive officer since April 2013. Mr. Watler remains as Chief Financial Officer.
