Hydrocarb Energy Corporation (HECC) 0.0500 $HECC
Hydrocarb Energy Corporation Retains Investment Banking Firm for Expansion Strategy
PR Newswire - Wed Jan 20, 8:00AM CST
Hydrocarb Energy Corporation (OTCQB: HECC, the "Company"
today announced that it has engaged a well-known award-winning investment bank, established since 2001 and based in New York, to help the Company refinance its current senior and short-term debts and identify sources of capital to develop its proven reserves and leverage its under-utilized infrastructure in the Galveston Bay. By connecting to the appropriate capital, Hydrocarb plans to position itself to take advantage of the current low cost environment and opportunities available due to the low oil and gas prices.
Hydrocarb Energy Corporation Enhances Management Team with the Appointment of Mr. K. Andrew Lai as Chief Financial Officer
PR Newswire - Tue Jan 12, 8:00AM CST
Hydrocarb Energy Corporation (OTCQB: HECC) today announced that Mr. K. Andrew Lai has joined the Company's executive management team as its new Chief Financial Officer. A Current Report on Form 8-K was filed yesterday regarding this appointment and we encourage investors to review that filing.
Hydrocarb Energy Corporation announces the addition of Mr. Robert M. Harrell to its Board of Directors
PR Newswire - Thu Dec 03, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB:HECC) announced that Mr. Robert M. Harrell has joined the company's Board of Directors as the second independent director effective November 23, 2015. The company previously disclosed the appointment of Mr. Harrell in its Current Report on Form 8-K filed with the Securities and Exchange Commission on November 23, 2015. Now with two out of three directors being deemed independent, the company has a majority independent board.
Hydrocarb Energy Corporation Retains Law Firm of Christian Smith & Jewell to Aggressively Pursue Allegations of Securities Fraud Committed by Illegal Naked Short Sellers
PR Newswire - Wed Dec 02, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB:HECC) announced today that it has retained the law firm of Christian Smith & Jewell to help investigate allegations of illegal naked short selling of the company's stock.
Hydrocarb Announces the Retirement of Floorless Notes
PR Newswire - Mon Nov 16, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB: HECC) announced it has succeeded in redeeming all its convertible notes that have floorless conversion rights. All the notes were paid in full prior to any conversion of the debt into equity.
Where are the Investors Headed - Research on Hydrocarb Energy, Flasr, Terra Tech and Pazoo
ACCESSWIRE - Mon Nov 02, 7:30AM CST
NEW YORK, NY / ACCESSWIRE / November 2, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Hydrocarb Energy Corp. (OTC: HECC), Flasr Inc. (OTC: FLSR), Terra Tech Corp. (OTC: TRTC) and Pazoo Inc. (OTC: PZOO). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full research reports are being made available to the public on a complimentary basis.
Hydrocarb Continues Pay off of Variable Convertible Notes
PR Newswire - Thu Oct 22, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced in a Form 8-K filed today with the Securities and Exchange Commission, the company's updated business summary dated October 11, 2015 and also made public its July 2015 reserve report. Additionally the company disclosed the closing of a secured note financing including $1.25 million which is being used to help insure that all variable conversion rate notes are paid off and which we believe sets the stage for a new financing plan.
Hydrocarb Reports FYE Oil Reserve Increase of 97%
PR Newswire - Wed Sep 30, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) today announced that based on a new reserve report, as of July 31, 2015, the Company's fiscal year end, that it realized a 97% year over year increase in proved oil reserves and a 51% increase in proved natural gas reserves.
Hydrocarb Energy and Partners to Drill Exploration Well
PR Newswire - Tue Sep 01, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) is anticipating mobilizing a drilling rig to Galveston Bay State Tract 259 to drill an exploration well in mid-October. The North Eagle Bay ST 259 #1 well is a high-impact exploration well in which Hydrocarb's subsidiary, Galveston Bay Energy (GBE), has Operatorship and a 5 percent interest. WR Production, LLC holds the remaining 95% along with industry partners.
Hydrocarb Energy reports pay down of 31% strategic convertible debt
M2 - Fri Aug 28, 5:58AM CDT
E&P company Hydrocarb Energy (OTCBB:HECC) stated on Thursday that 31% of its strategic note balance have been paid off at premiums prior to conversions.
Hydrocarb Completes Well at 1500 MCF Per Day
PR Newswire - Mon Aug 24, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) disclosed it's Galveston Bay State Tract 246 well #181 has been completed at a rate of 1,500,000 cubic feet gas per day, through a 12/64" choke, from the Frio 7 formation.
Hydrocarb Receives Work Extension and Environmental Clearance from Namibia
PR Newswire - Tue Aug 11, 8:48AM CDT
Tuesday, August 11, 2015, Hydrocarb Energy Corporation (OTCQB:HECC) announced today that its subsidiary, Hydrocarb Namibia Energy Corporation (PTY) Ltd., "HNA", has received a one year license extension and an environmental clearance to complete the 2D data acquisition portion of the Initial Exploration Period of its' 2011 Petroleum Agreement with the Republic of Namibia.
Hydrocarb Energy Turns up Production Volume
PR Newswire - Mon Jul 20, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) announced that its new gas compression facility and related maintenance has been substantially completed and the company is now turning up production that has been mostly shut-in since the end of 2014. At that time the company realized salt water disposal and gas compression capacity limits that effectively shut down about 40% of its production. As of now all capacity issues have been resolved and the company plans to report substantially increased production results in the near future.
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" with its corporate office in Houston, Texas, focuses on international business growth through systematic global strategies in order to obtain growth by establishing relationships with foreign countries and negotiating for and obtaining oil and gas concessions. In addition to Dr. Aupindi's international responsibility of growing Hydrocarb Corporation, he will be working with HECC and HCN's boards to fully develop its business plan including financing activities to support the exploration for world class reserves.
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 Corporation Retains Investment Banking Firm for Expansion Strategy
PR Newswire - Wed Jan 20, 8:00AM CST
Hydrocarb Energy Corporation (OTCQB: HECC, the "Company"
today announced that it has engaged a well-known award-winning investment bank, established since 2001 and based in New York, to help the Company refinance its current senior and short-term debts and identify sources of capital to develop its proven reserves and leverage its under-utilized infrastructure in the Galveston Bay. By connecting to the appropriate capital, Hydrocarb plans to position itself to take advantage of the current low cost environment and opportunities available due to the low oil and gas prices. Hydrocarb Energy Corporation Enhances Management Team with the Appointment of Mr. K. Andrew Lai as Chief Financial Officer
PR Newswire - Tue Jan 12, 8:00AM CST
Hydrocarb Energy Corporation (OTCQB: HECC) today announced that Mr. K. Andrew Lai has joined the Company's executive management team as its new Chief Financial Officer. A Current Report on Form 8-K was filed yesterday regarding this appointment and we encourage investors to review that filing.
Hydrocarb Energy Corporation announces the addition of Mr. Robert M. Harrell to its Board of Directors
PR Newswire - Thu Dec 03, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB:HECC) announced that Mr. Robert M. Harrell has joined the company's Board of Directors as the second independent director effective November 23, 2015. The company previously disclosed the appointment of Mr. Harrell in its Current Report on Form 8-K filed with the Securities and Exchange Commission on November 23, 2015. Now with two out of three directors being deemed independent, the company has a majority independent board.
Hydrocarb Energy Corporation Retains Law Firm of Christian Smith & Jewell to Aggressively Pursue Allegations of Securities Fraud Committed by Illegal Naked Short Sellers
PR Newswire - Wed Dec 02, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB:HECC) announced today that it has retained the law firm of Christian Smith & Jewell to help investigate allegations of illegal naked short selling of the company's stock.
Hydrocarb Announces the Retirement of Floorless Notes
PR Newswire - Mon Nov 16, 7:30AM CST
Hydrocarb Energy Corporation (OTCQB: HECC) announced it has succeeded in redeeming all its convertible notes that have floorless conversion rights. All the notes were paid in full prior to any conversion of the debt into equity.
Where are the Investors Headed - Research on Hydrocarb Energy, Flasr, Terra Tech and Pazoo
ACCESSWIRE - Mon Nov 02, 7:30AM CST
NEW YORK, NY / ACCESSWIRE / November 2, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Hydrocarb Energy Corp. (OTC: HECC), Flasr Inc. (OTC: FLSR), Terra Tech Corp. (OTC: TRTC) and Pazoo Inc. (OTC: PZOO). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full research reports are being made available to the public on a complimentary basis.
Hydrocarb Continues Pay off of Variable Convertible Notes
PR Newswire - Thu Oct 22, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) announced in a Form 8-K filed today with the Securities and Exchange Commission, the company's updated business summary dated October 11, 2015 and also made public its July 2015 reserve report. Additionally the company disclosed the closing of a secured note financing including $1.25 million which is being used to help insure that all variable conversion rate notes are paid off and which we believe sets the stage for a new financing plan.
Hydrocarb Reports FYE Oil Reserve Increase of 97%
PR Newswire - Wed Sep 30, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) today announced that based on a new reserve report, as of July 31, 2015, the Company's fiscal year end, that it realized a 97% year over year increase in proved oil reserves and a 51% increase in proved natural gas reserves.
Hydrocarb Energy and Partners to Drill Exploration Well
PR Newswire - Tue Sep 01, 7:30AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) is anticipating mobilizing a drilling rig to Galveston Bay State Tract 259 to drill an exploration well in mid-October. The North Eagle Bay ST 259 #1 well is a high-impact exploration well in which Hydrocarb's subsidiary, Galveston Bay Energy (GBE), has Operatorship and a 5 percent interest. WR Production, LLC holds the remaining 95% along with industry partners.
Hydrocarb Energy reports pay down of 31% strategic convertible debt
M2 - Fri Aug 28, 5:58AM CDT
E&P company Hydrocarb Energy (OTCBB:HECC) stated on Thursday that 31% of its strategic note balance have been paid off at premiums prior to conversions.
Hydrocarb Completes Well at 1500 MCF Per Day
PR Newswire - Mon Aug 24, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB:HECC) disclosed it's Galveston Bay State Tract 246 well #181 has been completed at a rate of 1,500,000 cubic feet gas per day, through a 12/64" choke, from the Frio 7 formation.
Hydrocarb Receives Work Extension and Environmental Clearance from Namibia
PR Newswire - Tue Aug 11, 8:48AM CDT
Tuesday, August 11, 2015, Hydrocarb Energy Corporation (OTCQB:HECC) announced today that its subsidiary, Hydrocarb Namibia Energy Corporation (PTY) Ltd., "HNA", has received a one year license extension and an environmental clearance to complete the 2D data acquisition portion of the Initial Exploration Period of its' 2011 Petroleum Agreement with the Republic of Namibia.
Hydrocarb Energy Turns up Production Volume
PR Newswire - Mon Jul 20, 8:00AM CDT
Hydrocarb Energy Corporation (OTCQB: HECC) announced that its new gas compression facility and related maintenance has been substantially completed and the company is now turning up production that has been mostly shut-in since the end of 2014. At that time the company realized salt water disposal and gas compression capacity limits that effectively shut down about 40% of its production. As of now all capacity issues have been resolved and the company plans to report substantially increased production results in the near future.
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"
with its corporate office in Houston, Texas, focuses on international business growth through systematic global strategies in order to obtain growth by establishing relationships with foreign countries and negotiating for and obtaining oil and gas concessions. In addition to Dr. Aupindi's international responsibility of growing Hydrocarb Corporation, he will be working with HECC and HCN's boards to fully develop its business plan including financing activities to support the exploration for world class reserves. 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.
