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| 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.
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. |
Lime Rock Resources acquires $113M in oil, gas properties in Texas, Oklahoma
Lime Rock Resources has closed two acquisitions, totaling $113 million, of working interests in oil and gas properties in Oklahoma and Texas from separate sellers.
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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. |
GeoResources, Resolute Energy enter Bakken oil JVIndependent oil and gas company GeoResources Inc. and Resolute Energy Corp. have entered into announced a joint venture project to develop acreage in the Bakken Shale Trend of North Dakota. |
Madison Williams spun out from Sanders Morris Harris GroupMadison Williams and Company, an integrated capital markets and advisory firm, has completed a management buyout of the principal capital markets business from Sanders Morris Harris Group. |
Baker Hughes settles bribe case; agrees to pay $44 million
Houston-based Baker Hughes Inc. has reached settlements with the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).
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