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Knight Energy Corp.(fka KNECQ) RSS Feed

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Posts (Total)
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Created
11/27/06
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For charts and more info, click here; http://www.pinksheets.com/quote/chart.jsp?symbol=KNEC&duration=2-6-8-0-0-59 Knight Energy Corp. (Knight) is a holding company formed to acquire, develop, own, operate and invest in energy-related businesses, assets and investments, including the acquisition, exploration and development of natural gas and crude oil, the acquisition and operation of drilling rigs and/or gathering systems and/or pipelines for natural gas and/or crude oil, and other related business. Knight Energy Corp., through its wholly owned subsidiary Charles Hill Drilling, Inc., controls the Flournoy lease oil & gas property in Stephens County Texas. The lease agreement contains approximately 160 acres. This property includes eight oil and gas wells. Over the last fifty years, the Stephens County area has been very successful in the production of oil and gas. A third party evaluation firm provided Knight Energy Corp. with the following summary. Net Reserve Summary and PV10 Forecast from September 2006 Reserve Categories Oil (MBO) Gas (MMFC) Cash Flow ($M) PV10 ($M) PDNP 1.8 142.8 958.7 647.8 PUD - 127.4 458.6 200.9 Total Proved 1.8 270.2 1,417.3 848.7 Total Prob - 434.4 1,658.3 655.7 Total All Categories 1.8 704.6 3,075.6 1,504.4 Share Structure; Authorized 100,000,000 shares Outstanding 30,000,000 shares Float 3,100,000 shares To go to their website click below, http://www.knightenergycorp.com For current news click below, http://www.pinksheets.com/quote/news.jsp?symbol=KNEC To View audited financials click below, http://www.knightenergycorp.com/news.php?news=1&id=41 To view the RedChip report click below, http://www.knightenergycorp.com/news.php?news=1&id=39 Contact Information; Phone: 770-777-6795 Fax: 770-777-6799 William J Bosso, CEO
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