Company Overview Website
In order to create optimum potential for exploratory drilling and future growth, we are working to create a technical group of experts within the industry of oil and gas.
This group will find leads for profitable investments including producing wells and income-generating properties. By capitalizing on long withstanding relationships with producers of oil and gas, in conjunction with drawing on the knowledge of our partners and advisors in financial and energy markets, we plan to build a vast portfolio of proven oil and natural gas assets. We plan to emerge as a top US energy company. Management
- http://www.independenceenergycorp.com/management Projects Quinlan Wells Read More
The Quinlan #1 was originally open hole completed in the 1st Wilcox Sandstone from 4,778' to 4,782' (T.D). for 334 BO in 15 hours and no water. The Simpson Dolomite from 4,742' to 4,750' and the Viola Limestone from 4,726' to 4,732' were tested several years later.
Later production from the Quinlan #1 was documented producing an oil cut from 8 - 15%, (i.e. 100 barrels of total volume = 8 to 15 barrels are oil) on a daily basis from the 1st Wilcox Sandstone (Primary Objective), Viola Limestone and Simpson Dolomite (Second Objective). Finally, the Hunton Limestone formation was perforated and produced on a forty acre spacing pattern and was also perforated in the Quinlan #2.
Since November 2009 when the well was purchased by Nitro Petroleum Inc., the Quinlan #1 has produced 13,946 barrels of oil from the Hunton Limestone. Several other fields in the area producing from the Hunton Limestone would alone in this wellbore produce enough oil to pay out the complete project. Montcrest Drill Project Read More
Independence Energy has a turnkey 5% Working Interest in the highly prospective MontCrest Energy Drilling Program #3 in Coleman County, Texas (the "MontCrest Drill Program").
Coleman County has a long history of oil and gas production. The oil was first discovered there in 1908, near the town of Trickham. In 1948, oilfields in Coleman County produced over 1,000,000 barrels.
The MontCrest Drill Program consists of a turnkey participation in two exploration wells targeting multiple oil bearing sand formations currently productive in the region. MontCrest Energy Inc. ("MEI"), the project operator, has significant exploration experience in the immediate area. SECURITY DETAILS
Independence Energy Corp. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, "IDNG", and within the OTCQB market tier. As such, Business, Operational, and Financial information on IDNG is fully transparent and available to public view. Visit: http://www.otcmarkets.com/stock/IDNG/company-info
to see complete details. Independence Energy Corp. is Active on the Nevada Secretary of State site: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=CBwSAwKRC3a4pW%252bE3xV7Sw%253d%253d&nt7=0 A/S:
375 Million - per state of Nevada active status O/S:
121 Million - as of 12/17/13
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer agent to get the most current information.) Their latest 10-Q Quarterly Report:
Filed on 12/17/12 ~ For the period ending 10/31/12 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8972652 Incorporated In:
Nevada in 2012 Transfer Agent:
Holladay Stock Transfer
2939 N. 67th Place
Scottsdale, AZ 85251
Phone: 480-481-3940 Disclaimer
- The following Press Releases have not been investigated by Sizzling Stock Picks, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the links for the following press releases may be from a familiar and reputable company, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. Sizzling Stocks Picks will not be held responsible for any news release including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release. Marketwire - (March 5) Independence Energy Set to Complete Large-Scale Oil and Gas Exploration Land Acquisition in Texas http://finance.yahoo.com/news/independence-energy-set-complete-large-133000601.html Marketwire - (July 12) UPDATE: Independence Energy Corp. Announces Additional Upgrades at Quinlan Lease Oil Property in Oklahoma http://finance.yahoo.com/news/independence-energy-corp-announces-additional-133800637.html Marketwire - (July 12) Independence Energy Corp. Announces Additional Upgrades at Quinlan Lease Oil Property in Oklahoma http://finance.yahoo.com/news/independence-energy-corp-announces-additional-100000423.html Contact Us:
Independence Energy Corp.
3020 Old Ranch Parkway
Seal Beach, CA 90740