Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looks like things are picking up. With that HUGE bid of 250,000 shares @ .18, we just need to chip away at these offers.
yes it does, professional looking hope this helps to attract some investors
ECCE company website looks good!!!
http://www.ssenergyllc.com/
ECCE excites members of SWIA Conference (Southwest Investors Association)
SWIA is the perfect venue for ECCE, as several of the members are huge oil & gas investors.
Past performance is not indicative of future performance, BUT one company that has been very successful presenting at this conference is XTOG Extreme Oil & Gas. Also, with oil being so cheap, it's smart to load up on ECCE. When oil prices go up $100-110/barrel, everyone will jump on the band wagon. ECCE should easily be a $1.25-1.50 by next spring/summer.
send me a e-mail to mmarcello@eprod.com so any news I get I can send it via e-mail. I cant't for some reason send it through I-Hub but if I receive some news that I think you would like to read all I would have to do is hit send to an you will receive it.
You will have to keep us updated on the happenings!
Took a small position here today that feild(chocktaw) is about 15 miles from where I live lot of activity there, maby I can make a few bucks.
ECCE was acquired by Sandstone Energy a few days ago.
New York times has a good article on Eagle Ford Shale.
Agreed, you think it will pull back up anytime soon?
T-K, EPM has their act together....this one is struggling.
I am still here have a few shares of ecce I like the co. according to some other investors in the plant I work for seems to think july or august 2011 the pps will pick up to over a dollar an stay there I'll just have to wait an see.
Good opportunities, just waiting for development news
waiting for a good entry.. this one is a GOLDMINE.. eagle shale ford huge oil expected
I am a very big fan of the Eagle Ford developments. If ECCE has a solid plan this could be a very good opportunity.
This one has potential....still early.
I have been watching ECCE for a while. If management would work with a market maker on developing a liquid market it would attract a lot more investment capital. As the plan unfolds I may position but still watching closely. I will have to check out EFRDF thanks!
FIRST POST HERE, ECCE IS FOR REAL, BUT I ONLY HAVE 2000 SHARES SO FAR, I PUT A TON IN EFRDF, GOT SOME NEWS ON IT AN WENT FOR IT,GOT IN @ .60 WISH I HAD PUT MY RETIREMENT IN IT.
Geese this thing goes from .10 to $1. Who is going to invest in this stock if the volatility is this bad. Management needs to work with some market markers or something to generate a market here, then I would be more confident.
Update on their projects from the latest 10q
Got to love these thinly traded stocks!
A 100 Shares block print @ 0.10
lol glad my stop at .099 wasn't hit. Boyz will be boyz...
Small interest but nice to see them making advancements. Could have some long term potential here.
Six Months Ended June 30, 2010 Compared to Six Months Ended June 30, 2009
Looks like they haven't had much luck with reworking to date. May be better odds with the new 10% they acquired?
Operations section of website:
Any new developments on SW Wilson County? We are very active in this area.
Very thinly traded but that can be a good thing :)
Operations:
The Eagle Ford shale oil and gas development boasts initial gas production rates that range from 5 million cubic feet (Mcf) per day to rates in excess of 20 Mcf per day. Those Eagle Ford wells more prone to oil production have initial rates exceeding 1,000 barrels of oil per day. Horizontal wells as deep as 14,000 feet below the surface are being drilled, with horizontal lateral sections in the range of 3,000 to 4,000 feet.
The development also offers these attractive features:
Immediate drilling activity of 2,300 acres in Live Oak County
Ability to participate in 3,400 acres in Wilson County
Additional 20,000 acres have been committed at very attractive lease rates
These profitable facts have appealed to numerous companies. Among them is Pioneer Natural Resources, which has agreed to sell a 45 percent interest in 212,000 net acres in the Eagle Ford Shale to Reliance Industries (INDIA) for $1.13 billion, thereby setting the benchmark for transactions in this emerging shale play. Pioneer Natural Resources has plans to drill up to 140 wells in the Eagle Ford Shale by 2013, with an estimated production of 41 million barrels of oil equivalent per day. Pioneer will also develop an extensive gathering network for $275 million and several processing plants in a JV with Reliance Industries.
Companies involved
Some of the other companies that have achieved recent success in the Eagle Ford shale play include:
EOG Resources has drilled at least 17 wells in the Eagle Ford and is experiencing the average well initial-producing rate of 800 barrels per day (BPD). EOG has more than 500,000 acres under lease in the Eagle Ford and has a six-rig active drilling program.
Petrohawk Energy Corporation has an eight-rig drilling program in three areas of development. Each of these areas has the opportunity for large-scale development. Petrohawk has 360,000 acres in the Eagle Ford and is constructing extensive natural gas and crude oil gathering systems.
Murphy Oil has two rigs drilling in the trend, where it has over 200,000 acres. A recent well had an initial flow rate of 1,460 barrels of oil per day and 1.25 Mcf of gas per day.
Burlington is a subsidiary of ConocoPhillips and has two wells producing at rates of 3 to 7 Mcf per day with associated oil rates of 400 to 700 BPD.
Other operators with significant acreage and production include Burlington Resources Oil and Gas, Anadarko, Chesapeake Energy, St. Mary Land and Exploration, El Paso, Cabot Oil and Gas, and Swift Energy. A number of smaller independents are actively leasing and drilling in the play.
Pipelines
Several major pipelines have announced projects to move product out of the Eagle Ford Shale. Among them are:
Boardwalk Pipeline (BWP) and Southcross Energy, LLC, have announced a joint venture to provide infrastructure solutions to natural gas producers in South Texas.
Enterprise Product Partners plans to install 350 miles of pipelines with a capacity of 600 Mcf/d, build a new natural gas–processing facility, and add a new NGL fractionator at the Mont Belvieu complex near the Houston Ship Channel.
Eagle Ford Gathering, LLC, a 50/50 joint venture between Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and Copano Energy, L.L.C. (NASDAQ: CPNO) have signed a definitive long-term gas services agreement with SM Energy Company (formerly St. Mary Land & Exploration Company).
Under the terms of the agreement, SM Energy will commit up to 200,000 MMBtu per day of Eagle Ford Shale natural gas production over a 10-year term from LaSalle, Dimmit and Webb counties in Texas. Eagle Ford Gathering will provide gathering, transportation and processing services and will construct approximately 85 miles of 24- and 30-inch pipeline from SM Energy’s acreage in the western Eagle Ford Shale play to Kinder Morgan’s Freer compressor station in Duval County, Texas. The pipeline is expected to begin service during the summer of 2011.
SH, are you responding to a 3 month old post? Look at where we are trading today. Did you miss the 6 bagger? How is that other stock doing? is it sub- penny yet?
WoW, Pretty confident here as the mod putting in a bid at .12. You'll probably get em. LOL.
That's my .12. If they are giving away shares...I want to be in line. I have a call into the company.
Now 0.12 / 1.02
Apparently not a fluke.
Just checked with my brokerage. Their info is that the 500 share print at 0.10 is legit. They now see 0.11 Bid, no Ask. ;-\
Interesting. Maybe a fluke trade? They need to do some marketing for exposure on this company. Only 1.6MM shares, 400k in the float and nobody knows it exists.
Opened at 1.50, with the new share structure. Float is 400,000
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 26, 2010
EAGLE FORD OIL & GAS CORP.
__________________________________________________
(Exact Name of Small Business Issuer as Specified in its Charter)
NEVADA
________________________________________
(State or other Jurisdiction as Specified in Charter)
000-51656 75-2990007
(Commission file number) (I.R.S. Employer Identification No.)
3315 Marquart St.
Suite 206
Houston, Texas 77027
_______________________________
(Address of Principal Executive Offices)
713-771-5500
____________________
(Issuer's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
________________________________________
________________________________________
________________________________________
Item 3.03 Material Modification to Rights of Security Holders.
Effective at the close of business on July 26, 2010 (the Effective Date), the number of shares of our common stock issued and outstanding on July 6, 2010 (the Record Date) will be reduced in accordance with the following formula: every ten (10) shares of our common stock owned by a stockholder will automatically be changed into and become one new share of our common stock. Any shares issued and outstanding after the Effective Date will be unaffected. The action generally referred to as a “reverse split” was adopted by unanimous consent of our board of directors and majority stockholder pursuant to the written consent dated as of June 21, 2010.
The board of directors of the Company approved the adoption of the Reverse Stock Split by unanimous written consent as it believes the corporate actions are in the best interests of the Company and its stockholders.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 23, 2010, Jesse Q. Ozbolt resigned from his position as Chairman of the Board of Directors and President of Eagle Ford Oil & Gas Corp., effective immediately. Mr. Ozbolt’s resignation was not due to any disagreement with us on any matter relating to our operations, policies or practices. A copy of the resignation letter of Mr. Ozbolt’s is attached as Exhibit 1.0 to this Current Report on Form 8-K. Mr. Ozbolt will remain with Eagle Ford Oil & Gas Corp. as Senior Vice President of Engineering. Mr. Ozbolt has more than 30 years of experience as a reservoir engineer. Mr. Ozbolt worked previously as Vice President of Engineering and later as CEO of ECCO Energy Corp. He has also worked for Timber Ridge Oil & Gas, The Oil & Gas Asset Clearinghouse, and Southern Mineral Corporation, where he negotiated with other companies for acquisitions and dispositions of properties. He also has experience in operations and engineering at Midland Resources, Inc., Enex Resources Corporation, Texas Eastern Corp., and Exxon Company, U.S.A. Mr. Ozbolt holds a Bachelor of Science degree in Civil Engineering from Duke University that was awarded Magna Cum Laude.
On July 23, 2010, Sam Skipper was appointed as Chairman of the Eagle Ford Oil & Gas Corp. Board of Directors, effective as of such date.
Mr. Skipper is the founder of Eagle Ford Oil and Gas Corp. He has more than 20 years’ experience in the oil and gas industry, and his family discovered the 3rd well in the famous East Texas oil field. He currently operates over 50 oil and gas wells located in Texas and Ohio. He has more than 25 years’ corporate finance experience associated with the financing of private and public companies. He has previously acquired in excess of $450 million in assets and has raised over $100 million in capital. Mr. Skipper is an active member of TIPRO.
On July 23, 2010, N. Wilson Thomas resigned from his position as Chief Financial Officer of Eagle Ford Oil & Gas Corp., effective immediately. Mr. Thomas’s resignation was not due to any disagreement with us on any matter relating to our operations, policies or practices. A copy of the resignation letter of Mr. Thomas’ is attached as Exhibit 2.0 to this Current Report on Form 8-K.
On July 26, 2010, Rick Adams was appointed as President and Chief Executive Officer of Eagle Ford Oil & Gas Corp, effective as of such date. Mr. Adams has over 15 years experience in the Oil and Gas Finance Markets. He was a Principal at BullFrog Capital where he negotiated Oil and Gas transactions for $350 Million. Prior to forming Bullfrog Capital in 2002, Mr. Adams spent eight years in the oil and gas finance market with The Williams Companies and then Aquila Energy Capital. During that time, Mr. Adams invested $911 million through 35 transactions. These transactions included volumetric production payments, mezzanine debt, equity investments and securitizations. Mr. Adams holds a BBA in economics and statistics from Baylor University and an MBA in finance from the University of Saint Thomas
On July 26, 2010, Imran Maniar, CPA was appointed as Chief Financial of Eagle Ford Oil & Gas Corp, effective as of such date. Mr. Maniar has more than 20 years’ experience in the energy sector, including power plants, natural gas distribution and petrochemicals. He has been involved in more than $7 billion of transactions with Fortune 500 companies and startups. His last position was with Boardwalk Pipeline where he was in charge of mergers and acquisitions and strategic planning, including the 1.9 billion cubic foot (Bcf) expansion from Sherman, Texas, to Perryville, Louisiana, (Haynesville Shale), and the 2.3 Bcf expansion from Grandview, Arkansas, to Kosciusko, Mississippi, (Fayetteville Shale). Previous experience includes Chrysler Corporation, Exxon Mobil, Solvay and Morgan Stanley. Mr. Maniar has a Bachelor’s of Science in Industrial Engineering from Purdue University, an MBA from Rice University and is a licensed CPA.
On July 26, 2010, Joe Simo was appointed as Chief Operating Officer of Eagle Ford Oil & Gas Corp, effective as of such date. Mr. Simo is a certified Petroleum Geologist with the State of Texas. He has more than 33 years’ experience with private and public companies, drilling and participating in more than 1,000 wells. He is a horizontal well specialist, drilling his first horizontal wells in the Pearsall and Giddings Fields — which is now considered the Eagle Ford Shale — in 1986, helping develop techniques for drilling multi-stage fraccing and completing triple lateral wells in low-permeability, oil-saturated sands. Mr. Simo has a Bachelor’s of Science in Geology with an emphasis in Petroleum Engineering from the University of Texas.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Corporate Name
Effective at the close of business on July 26, 2010, we changed our corporate name from Ecco Energy Corp. (the "Company") to Eagle Ford Oil & Gas Corp. The name change was made pursuant to Nevada Revised Statutes. The name change was adopted by unanimous consent of our board of directors and majority stockholder pursuant to the written consent dated as of June 21, 2010.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
1.0
Resignation letter, dated July 23, 2010, from Jesse Q. Ozbolt
2.0 Resignation letter, dated July 23, 2010, from N. Wilson Thomas
3.0 Certificate of Amendment to the Restated Certificate of Incorporation of Eagle Ford Oil & Gas Corp.
________________________________________
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
EAGLE FORD OIL & GAS CORP.
Date: July 26, 2010 By: /s/ Sam Skipper
Name: Sam Skipper
Title: Chairman
________________________________________
Sweet share structure for the PPS
Told tomorrow will be the first day of trading for this start up.
Eagle Ford Oil & Gas Corp is currently a pure oil and gas company actively engaged in the oil and gas development, exploration and production with properties and operations in the Eagle Ford Shale.
2300 acres in Live Oak County
Well #1: Dena Forehand #2H
Well #2: Kellum #2H
Well #3: TBA
Raising $900,000
1. Offer to sell 10 units with a total price for the subscriber of $90,000
2. The Units consist of a 12 month senior subordinate convertible bond with a 12% per annum interest rate, with an option of converting the bond to equity.
Proposed Use of Proceeds
To pay for the drilling and completion of three well loacations in Live Oak County.
The remaining funds will be used for legal, accounting and working capital.
Reported share structure after 10 for 1 reverse.
O/S 1.6m
Float 400k
Followers
|
9
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
97
|
Created
|
07/24/10
|
Type
|
Free
|
Moderators |
To Our Stockholders:
NOTICE IS HEREBY GIVEN to inform the holders of record of shares of our common stock, that on June 21, 2010 our board of directors and stockholders holding a majority of our voting shares authorized the following actions:
·
Implemented a reverse stock split of our common stock outstanding as of the Record Date on the basis of one post-split share for every ten (10) pre-split shares (the “Reverse Stock Split”); and
·
A change of our corporate name to Eagle Ford Oil and Gas, Corp.
·
An amendment to our Articles of Incorporation to be filed with the Secretary of State if Nevada to effect the Reverse Stock Split and change of corporate name.
Sam Skinner , COB
Rick Adams, CEO
www.efogc.com
3315 Marquart
Houston, TX 77027
713-771-5500
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |