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Last Post: 9/16/2016 1:50:17 PM - Followers: 59 - Board type: Free - Posts Today: 0

Daybreak Oil&Gas

 

Daybreak Announces New Partner in California Oil Project

 

 

SPOKANE, Wash., June 11 /PRNewswire-FirstCall/ -- Daybreak Oil and Gas, Inc., (OTC:DBRM) (BULLETIN BOARD: DBRM) ("Daybreak" or the "Company") a Washington Corporation, is pleased to announce that O&G Energy Partners, LLC and its partners ("O&G") have acquired a 25% working interest in Daybreak's East Slopes Project located in the southern San Joaquin Basin, California. Daybreak recently acquired this interest from its original partners in the East Slopes Project, when the original partners defaulted in their financial obligations with respect to the project. Daybreak will receive total compensation in the amount of $1,212,500; of which $512,500 in cash was received at today's closing; and, a future production payment of $700,000 to be payable out of production from (a) 25% of the purchasing party's net revenue from the Sunday #1 and Bear # 1 wells; and, (b) 50% of their net revenue from all future wells. O&G will also assign to Daybreak a 25% participating interest in a 14,100 acre Seismic Option Area under lease in Kern County, California. This acreage is immediately north of the East Slopes Project area.

Daybreak Oil and Gas, Inc. is an independent oil and gas company engaged in the exploration, development and production of oil and gas. The Company holds projects in Alabama, California, and Louisiana.





CHARTS




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Corporate Relations:

Tim Lindsey
President and CEO:
James Westmoreland
Executive Vice President and CFO:

Phone:(281) 253-4576
timl@daybreakoilandgas.com Phone: (713) 829-6062
jimw@daybreakoilandgas.com


DBRM Corporate Office:

601 West Main Suite 1012
Spokane, Washington 99201
Phone:(509) 232-7674
info@daybreakoilandgas.com



Independent Public Accountants Transfer Agent:
Malone & Bailey
2925 Briarpark, Suite 930
Houston, TX 77042
Phone: (713) 226-0530
Fax: (713) 266-1815 Columbia Stock Transfer Company
1602 East Seltice Way
Post Falls, ID 83854
Phone: (208) 664-3544
Fax: (208) 777-8998





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Share structure:

Auth.200,000,000
Restr.
O/S.44,674,299
Float/28,165,377

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For over 200 other O&G companies/charts, visit Oil and Gas Central:
http://www.investorshub.com/boards/board.asp?board_id=4484


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DBRM News: Quarterly Report (10-q) 07/14/2016 06:04:06 AM
DBRM News: Annual Report (10-k) 05/27/2016 04:42:40 PM
PostSubject
#4757   Yeah, well you know $40 oil will do that the fox 52 09/16/16 01:50:17 PM
#4756   Looks like 0 dollars are to be spent in JJO 08/30/16 07:11:09 PM
#4755   Not much going on I guess but I jjwood 08/30/16 01:16:35 PM
#4754   Some good news or any news would be JJO 08/29/16 11:40:35 AM
#4753   I actually added some a few weeks back, alsobirdman 07/08/16 08:05:27 AM
#4752   Small and large oil and gas producers are JJO 05/29/16 10:00:17 PM
#4751   they are not drilling at the present time. jjwood 05/29/16 09:51:40 AM
#4750   How are the wells in California trueblood786 05/28/16 03:31:16 PM
#4749   Are there new officers for the company trueblood786 05/28/16 03:30:56 PM
#4748   Who is adding to the stock trueblood786 05/28/16 03:29:05 PM
#4747   What is happening with this company trueblood786 05/28/16 03:28:42 PM
#4746   yeah, I decided just to add shares to jjwood 05/17/16 08:21:37 AM
#4745   I would say that the ogood news is the fox 52 05/16/16 11:59:18 PM
#4744   I emailed Jim last week, no drilling going jjwood 05/16/16 03:10:25 PM
#4743   We are now at $47, and no movement panther14565 05/16/16 09:23:18 AM
#4742   Jim answered a few emails very promptly, but jjwood 04/12/16 03:34:08 PM
#4741   Good question, Panther. I sure wish I had alsobirdman 04/10/16 12:35:34 PM
#4740   Oil bottoming.....could this turn around? made a pile panther14565 03/10/16 06:35:32 AM
#4739   Call James westmoreland he will answer any JJO 01/22/16 02:40:00 PM
#4738   especially with zero communication from management. They can't jjwood 01/22/16 08:45:38 AM
#4737   It's amazing to me anyone would buy these Drill Baby 01/21/16 07:52:57 PM
#4736   I think I'll put a buy in at jjwood 01/21/16 07:47:30 PM
#4735   Wow, this things is dead. Even at Drill Baby 01/20/16 08:07:07 PM
#4734   Talked to Ed capko last week daybreak JJO 01/18/16 06:16:14 PM
#4733   Not me, I thought about sending him an jjwood 01/16/16 07:55:36 PM
#4732   Anyone talked w/ JW laytely? the fox 52 01/16/16 06:52:35 PM
#4729   http://www.sec.gov/Archives/edgar/data/1164256/000151597115000370/dbrm10q083115. jjwood 10/15/15 09:28:27 AM
#4728   I just read this from the website, jjwood 10/14/15 01:51:39 PM
#4727   My guess is on the positive side $20-40k Drill Baby 09/23/15 12:01:09 AM
#4726   I wouldn't even care to guess. I know jjwood 09/22/15 01:57:48 PM
#4725   What do you think that kern lease is maverick one 09/21/15 04:10:20 PM
#4724   I'm paying a little more attention to this maverick one 09/04/15 05:50:20 PM
#4723   ask price 40 percent higher than bid, now jjwood 09/04/15 03:14:13 PM
#4722   Do you think they will put Kern wells maverick one 09/03/15 03:40:55 PM
#4721   65 wells+ was projected for Kern 5+ years maverick one 09/03/15 03:11:43 PM
#4720   By not using MM's quite possible DBRM's strategy maverick one 09/03/15 02:57:29 PM
#4719   I think that's a possibility as well. maverick one 09/02/15 10:59:00 PM
#4718   It looks like ole JW is in a the fox 52 09/02/15 01:00:26 PM
#4717   Fox, What are your thoughts on the situation? maverick one 08/27/15 11:24:09 PM
#4716   Thar she blows under 4 pennies LOL- god maverick one 08/27/15 12:03:21 PM
#4715   I just don't see how JW can raise maverick one 08/26/15 11:38:58 PM
#4714   Doesn't even matter who is selling, this company jjwood 08/26/15 06:41:53 PM
#4713   Mavy, If you would like to know who is luckee1 08/25/15 09:30:19 PM
#4712   bid now at .03, sub penny is on jjwood 08/25/15 06:28:17 PM
#4711   Snatch the pebble from my hand grasshopper. maverick one 08/24/15 07:00:51 PM
#4710   Mav, An old proverb: the fox 52 08/23/15 08:28:38 PM
#4709   Maybe few of us should become an accredited maverick one 08/22/15 04:40:14 PM
#4708   $9,000-$10,000 in stock has been sold and bought maverick one 08/22/15 04:33:49 PM
#4707   Volume last few days tells me someone has maverick one 08/22/15 04:07:37 PM
#4706   Probably Downside from the grave LOL or someone maverick one 08/19/15 11:12:32 PM
PostSubject