Diese ,,FastPleitebude,, scheint ihren fundamentalen Rebound
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GILLETTE, Wyo.--(BUSINESS WIRE)--May 29, 2014--
High Plains Gas, Inc. ("High Plains") (symbol HPGS) announced that the company has signed a contract to sell natural gas from their coalbed methane wells to United Energy Trading of Lakewood, Colorado. Terms of the agreement have not been released, but the company expects to begin producing gas immediately.
High Plains filed an 8-K on March 3, 2014 disclosing the acquisition of approximately 1400 coalbed methane wells from Luca Technologies, Inc. Per the agreement, High Plains Inc. acquired all member interest in Patriot Energy Resources LLC and Patriot Energy Gathering LLC. The acquisition has cleared Bankruptcy court and High Plains has now taken possession of the wells. Including the Patriot wells, High Plains Gas, Inc., now owns approximately 3,000 coalbed methane wells and expects to begin production in immediately. High Plains' CEO Ed Presley adds, "We will start producing wells on a small scale, but our intention is to produce all 3,000 wells within 18 months."
online.wsj.com/article/PR-CO-20140529-910350.html
zu finden.
GILLETTE, Wyo.--(BUSINESS WIRE)--May 29, 2014--
High Plains Gas, Inc. ("High Plains") (symbol HPGS) announced that the company has signed a contract to sell natural gas from their coalbed methane wells to United Energy Trading of Lakewood, Colorado. Terms of the agreement have not been released, but the company expects to begin producing gas immediately.
High Plains filed an 8-K on March 3, 2014 disclosing the acquisition of approximately 1400 coalbed methane wells from Luca Technologies, Inc. Per the agreement, High Plains Inc. acquired all member interest in Patriot Energy Resources LLC and Patriot Energy Gathering LLC. The acquisition has cleared Bankruptcy court and High Plains has now taken possession of the wells. Including the Patriot wells, High Plains Gas, Inc., now owns approximately 3,000 coalbed methane wells and expects to begin production in immediately. High Plains' CEO Ed Presley adds, "We will start producing wells on a small scale, but our intention is to produce all 3,000 wells within 18 months."
online.wsj.com/article/PR-CO-20140529-910350.html
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