GeoResources, Inc.
| GeoResources, Inc. G3 Operating, LLC 475 Seventeenth Street, Suite 1210 Denver, CO 80202 303-297-2028 |
GeoResources, Inc. (Nasdaq: “GEOI”), is a Houston-based oil & gas company engaged in acquisition, development, exploration and production activities. In April, 2007, the Company completed a reverse merger with Southern Bay Energy, LLC and Chandler Energy, LLC. The mergers resulted in a change of control and management of the Company. Properties are located primarily in the Gulf Coast, Permian Basin, Rocky Mountains and Williston Basin. The Company operates through two wholly owned subsidiaries. Southern Region operations are conducted through Southern Bay Energy, LLC, located in Houston, Texas and Northern Region operations are conducted through G3 Energy LLC, located in Denver, Colorado. In addition to its direct activities the Company is the general partner to an institutional oil & gas partnership.
Latest GeoResources, Inc. News
Halcón to issue shares, receives Stifel ‘Hold’ ratingIn connection with its acquisition of entities owning oil and gas assets in the Williston Basin, Halcón Resources announced Jan. 17 that its stockholders have approved the issuance of approximately 108.8 million shares of Halcón common stock. |
Domestic active with large private equity roleDomestically, PLS Inc. reports deal activity surging, mostly oil driven, with mean values of $105,000 per flowing boe and $16.00 per proved boe. |
Floyd Wilson aims to turn Halcón into a new Petrohawk – minus the gasAN INTERVIEW WITH FLOYD C. WILSON, CHAIRMAN, PRESIDENT, AND CEO OF HALCóN RESOURCES CORP. |
Halcón Resources to acquire GeoResources for $1BHalcón Resources Corp. and GeoResources, Inc. announced April 25 that they have entered into a definitive merger agreement in which GeoResources will merge into a wholly-owned subsidiary of Halcón Resources in a cash and stock transaction that values GeoResources at approximately $1 billion, based on the closing price of Halcón Resources common stock on April 24. |
Armed with a new CEO, Eureka Energy continues Eagle Ford progressArmed with a new CEO, Eureka Energy Ltd. continues its progress in the Eagle Ford Shale, welcoming Marathon Oil as a joint venture partner following its recent deal with Hilcorp Resources Holdings. |
Madison Williams initiates coverage of US exploration, production industryMadison Williams and Co., a New York-based integrated capital markets and investment banking firm, has initiated coverage of the US Exploration & Production Industry under senior equity research analyst Andrew Coleman. |
Oil shale deal flow heating up in Bakken, NiobraraSince January 2009, the oil–to–gas pricing ratio has averaged 15:1, and it doesn't appear as if this will change anytime soon. |
Oil shale deal flow heating up in Bakken, NiobraraSince January 2009, the oil–to–gas pricing ratio has averaged 15:1, and it doesn't appear as if this will change anytime soon. |
