Hydrocarb Energy Increases Production, Decreases Costs
PR Newswire - Wed Jul 01, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced today that results of its 2014 Production Enhancement Program continue to result in increased production, even while some of the Company's production remains shut in due to limitations in salt water disposal and gas compression capacity. These capacity limitations are currently being addressed and once capacity is restored this month, production is expected to increase even further while per unit operating costs are expected to decrease. This graph demonstrates production gains of oil and gas since October 2014.
Dr. Tobie Aupindi named President of Hydrocarb Energy's internationally focused Exploration Subsidiary
PR Newswire - Mon Jun 29, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced today that it has officially promoted Dr. Tobie Aupindi as the President of the company's US based subsidiary, Hydrocarb Corporation. Hydrocarb Corporation, also a Nevada corporation (herein referred to as "HCN"
Hydrocarb Energy Resets Subsidiary Focus for Expanded International Exploration
PR Newswire - Thu Jun 25, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced today that it has added S. Chris Herndon and Charles F. Dommer to the board of its internationally focused exploration subsidiary, Hydrocarb Corporation (HCN). Additionally Charles F. Dommer, HECC's President and Chief Operating Officer has been appointed Chief Executive Officer of the subsidiary. These formal changes to its board and management for its subsidiary along with other changes to follow are in preparation for expanding the company's opportunity base for exploration concessions in Africa.
Hydrocarb Energy Realizes Comparative Production of 219% Oil and 668% Gas for April 2015 over April 2014
PR Newswire - Wed May 20, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced that April 2015 production was approximately 9,200 barrels of oil together with 30,700 MCF gas compared to April 2014 production of approximately 4,200 barrels of oil and 4,600 MCF of gas. This represents a year over year comparison of approximately 219% for oil and 668% in gas.
Hydrocarb Energy Estimates 270% Oil and 498% Gas increase in March over March Production
PR Newswire - Wed Apr 15, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced that March 2015 production was approximately 10,876 barrels of oil produced together with 27,938 MCF gas produced and sold compared to March 2014 barrels produced of approximately 4,022 barrels oil and 5,602 MCF of gas. This estimates an approximate increase of 270% for oil and 498% in gas. The company expects its production to continue to rise significantly over the next few months as currently shut-in production continues to come online.
Hydrocarb Energy Realizes 400% increase in year over year February oil production
PR Newswire - Thu Mar 19, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced February 2015 gross production volumes of 8,169 barrels of oil and 16,492 MCF of natural gas, a 400% increase in oil production compared to February of 2014. Natural gas production also increased slightly during this period despite that fact that the Company's primary gas producing field has been largely shut in since November. Total BOE production1 rates are expected to increase to between 15,000 BOE1 per month and 18,000 BOE1 per month when this field returns to production over the next several months. The increase in production was attributed to the company's recently completed Production Enhancement Program that has been underway for over a year.
Hydrocarb Energy Moves Ahead with Seismic Program in Namibia
Business Wire - Tue Jan 13, 8:35AM CST
Hydrocarb Energy Corporation (OTCQB:HECC) has announced it is preparing to issue Request For Proposals to four seismic acquisition contractors to complete a 750km 2-dimensional seismic program on its 21,300 sq km (5.3 million acre) Owambo Basin concession. Comprising blocks 1714A, 1715, 1814A, and 1815A in northern Namibia, the concession is adjacent to the Angola border. Seismic data will be acquired to confirm 16 new structural leads discovered by a proprietary aerial gravity and magnetics program the Company flew in 2013. Approximately 15% of Hydrocarb's 21,300 square km (5.3 million acre) concession has been explored with modern 2D seismic data to date. Environmental Assessment work, currently underway, will be complete in early 2015 as a prerequisite to the seismic project.
Hydrocarb Energy Corporation Announces Ongoing Joint Venture Discussions
Business Wire - Wed Nov 19, 3:20PM CST
Hydrocarb Energy Corporation (OTCQB: HECC) confirmed ongoing discussions with several international energy firms expressing interest in the company's Owambo Basin Concession in Namibia. Hydrocarb has executed three Confidentiality Agreements to date with firms interested in forming a Joint Venture to explore the concession blocks in northern Namibia comprising 21,300 sq. km (5.3 million acres) adjacent to the Angola border.
"New To The Street" to Broadcast Nationally
Marketwired - Tue Nov 11, 11:04AM CST
"New To The Street" will be airing nationally on the ION Network on December 4, 2014 at 9:30 am reaching 100M households.
DSKX: 3.18 (-0.05)
"New To The Street" Announces Upcoming Episodes, Clients, and Themes
Marketwired - Fri Nov 07, 2:30PM CST
"New To The Street" would like to introduce Hybrid Coating Technologies (OTCQB: HCTI) and its upcoming interview to be broadcast Monday, November 10th at 7:00 am on the ION Network WPXN, as well as our ongoing interviews with VizConnect (OTCQB: VIZC), HydroCarb Energy (OTCQB: HECC) and Larry Isen from the OTC Journal.
DSKX: 3.18 (-0.05)
SeeThruEquity Initiates Research Coverage on Hydrocarb Energy Corp. with a Target Price of $9.10
ACCESSWIRE - Thu Oct 16, 10:33AM CDT
New York, NY / ACCESSWIRE / October 16, 2014 / SeeThruEquity, a leading independent equity research and corporate access firm focused on small-cap and micro-cap public companies, today announced it has initiated coverage on Hydrocarb Energy Corp. (OTCQB: HECC), a Houston-based energy company which targets under-explored oil and gas projects in emerging areas.
Hydrocarb Energy Announces Engagement of ProActive Capital Group, LLC to Assist with Corporate Awareness
PR Newswire - Mon Sep 29, 7:37AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) today announced the hiring of New York City based ProActive Capital Group, LLC (PCG), a leading capital markets advisory and communication strategies firm, to assist with achieving investor and corporate awareness.
UPDATE: "New to the Street" Locks in Mondays at 7:00am on ION's Flagstaff TV Station WPXN in New York Starting October 20th
Marketwire - Tue Sep 23, 11:56AM CDT
New to the Street will offer weekly access to our bio-type news series interviews with public and private company's CEO's every Monday at 7:00 am.
DSKX: 3.18 (-0.05)
Hydrocarb Energy Announces Significant Increases in Oil and Gas Reserves
PR Newswire - Wed Sep 17, 5:24AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) recently reported substantial increases to its PV-10 oil and gas reserves. The company also recently commenced operations to upgrade the infrastructure and perform workovers at its oil and gas producing assets in Galveston Bay, Texas. A summary of these recent key operational developments follows:
SeeThruEquity Fall Microcap Investor Conference To Be Held September 11, 2014
ACCESSWIRE - Mon Sep 08, 8:13AM CDT
Conference Being Held at Convene Times Square in Midtown
Hydrocarb Energy Reports Galveston Reserve Increase
Business Wire - Tue Aug 26, 8:01AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) today reported 2014 year-end proved reserves of 1,021,790 net barrels oil and 12,031MMCF net gas, an oil increase of 55.69 percent over year-end 2013. "This level represents a significant increase of our proved reserves due to a re-evaluation of Proved Undeveloped (PUD) well stock," stated Chuck Dommer, President and Chief Operating Officer.
Hydrocarb Energy Corporation Closes Funding for Production Enhancement Program
Business Wire - Tue Aug 19, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) ("Hydrocarb" or the "Company"
"New to the Street" TV Show Is Pleased to Announce It Has Recently Completed an In-Depth Feature TV Interview With Hydrocarb Energy (OTCQB: HECC)
Marketwire - Tue Jul 15, 1:00PM CDT
New to the Street is a television show that profiles public companies across national TV networks and social media channels with in-depth anchor driven reporting. This interview features Kent Watts, Chairman of Hydrocarb Energy Corporation (OTCQB: HECC), and covers both the company's current production in Galveston Bay and their international exploration efforts in Namibia, Africa.