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Last Post: 6/26/2020 7:29:59 PM - Followers: 54 - 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: Statement of Changes in Beneficial Ownership (4) 07/14/2020 06:45:07 PM
DBRM News: Quarterly Report (10-q) 07/14/2020 05:25:48 PM
DBRM News: Current Report Filing (8-k) 06/30/2020 04:11:31 PM
DBRM News: Annual Report (10-k) 06/08/2020 06:02:43 AM
DBRM News: Current Report Filing (8-k) 05/28/2020 03:24:31 PM
PostSubject
#4873   When I see the ask at 10 or jjwood 06/26/20 07:29:59 PM
#4872   For this I have fidelity, Also have etrade jjwood 06/26/20 05:35:12 PM
#4871   JW IMO has a stake here I agree maverick one 06/26/20 05:18:17 PM
#4870   Who you trading with JJ - maverick one 06/26/20 05:06:56 PM
#4869   I agree maverick one 06/26/20 05:05:17 PM
#4868   I can imagine you’d been slightly p’d off. maverick one 06/26/20 04:36:41 PM
#4867   Another thing that has changed for me now jjwood 06/25/20 06:35:33 PM
#4866   Thanks, I've been buying a little here and jjwood 06/25/20 06:28:29 PM
#4865   That's helpful- futrcash 06/25/20 06:10:43 PM
#4864   Not sure if he knows about this board, jjwood 06/24/20 04:39:03 PM
#4863   JJ!! maverick one 06/24/20 12:09:17 AM
#4862   here is his reply, not a big deal, jjwood 06/22/20 05:24:32 PM
#4861   JJ tomorrow June 23'rd price of oil is maverick one 06/22/20 02:46:57 PM
#4860   ended up adding to my position here, not jjwood 06/16/20 04:37:17 PM
#4859   Former Daybreak KY Partner APP Energy, when they maverick one 05/04/20 11:37:29 PM
#4858   https://sec.report/CIK/0001234189 maverick one 05/04/20 11:12:27 PM
#4857   https://thedrillings.com/owners/2240152 States daybreak has 1 active lease an maverick one 05/04/20 10:07:53 PM
#4856   With $700k settlement with old lender - daybreak maverick one 05/04/20 09:36:24 PM
#4855   Jim is the biggest shareholder - but he maverick one 04/29/20 09:48:30 PM
#4854   That is exactly correct JJ. Why would he maverick one 04/26/20 07:40:20 PM
#4853   I agree I like his transparency, I still jjwood 04/23/20 12:02:51 PM
#4852   There’s always a possibility he could bail on maverick one 04/22/20 06:46:40 PM
#4851   Much time has passed and it looks like jjwood 04/21/20 02:56:54 PM
#4850   Share structure is sound,and tightly held. futrcash 04/12/20 08:40:51 PM
#4849   At this low PPS - IMHO- with maximillian maverick one 04/12/20 06:36:25 PM
#4848   I’m def still in with Daybreak and I’ve maverick one 04/12/20 06:31:10 PM
#4847   Many years ago this rose in pps with maverick one 04/12/20 06:28:05 PM
#4846   That is correct - he was buried in maverick one 04/01/20 06:46:27 PM
#4845   JW owns most of the shares,and is owed futrcash 04/01/20 03:05:31 PM
#4844   Interesting release back in Jan 19’ from Jim maverick one 03/30/20 11:46:08 PM
#4843   That has happened before, for dbrm it means jjwood 01/01/20 11:48:22 AM
#4842   Got some action today. Not much volume and CashCowMoo 12/27/19 01:16:19 PM
#4841   No money, maybe we can start a go JJO 12/18/19 09:37:52 PM
#4840   What it looks like to me is they CashCowMoo 08/30/19 06:01:05 PM
#4839   I have not emailed Jim in a while, jjwood 08/30/19 03:37:48 PM
#4838   awesome thanks! CashCowMoo 08/26/19 11:32:19 PM
#4837   JJ- pretty low pps. Did jim just never maverick one 08/26/19 08:22:22 PM
#4836   Lookin to get some sub penny here CashCowMoo 08/05/19 09:08:04 PM
#4835   Doesnt look like much going on with this CashCowMoo 07/05/19 09:26:01 PM
#4834   New to the company. See it’s compliant and blackgoldorbust 05/17/19 04:39:13 PM
#4833   this is only interesting at about .005, paying jjwood 05/10/19 05:51:04 PM
#4832   Everyone is hibernating with the bears or what? maverick one 02/15/19 02:55:33 PM
#4831   Well even rip van winkle eventually woke up :) maverick one 02/09/19 11:15:26 PM
#4830   Are they going to pay a marketing company maverick one 01/19/19 12:20:37 AM
#4829   Un Buon Invistimento si o no vieni pompa maverick one 01/16/19 11:38:11 PM
#4828   1 mil bidding/10k 02 then .16 showing! Garyst 01/09/19 11:20:25 AM
#4827   According to Jim, he cant produce oil at jjwood 01/06/19 11:25:55 AM
#4826   I wouldn't be so quick to unload, Woody. alsobirdman 01/06/19 09:05:31 AM
#4825   trying to dump the last of this turd jjwood 01/04/19 11:35:40 AM
#4824   Crazy thin. Just don't understand people selling at .012 Garyst 01/04/19 10:57:52 AM
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