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2006-12-04
Tyche Energy Corp. Develops Plan to Fully Extract Oil From Its Oklahoma Oil Field
DALLAS, Dec. 4, 2006 (PRIME NEWSWIRE) -- Tyche Energy Inc. (Other OTC:TYEG) announced it has hired a planning and development group to augment their oil extraction process at its recently acquired Oklahoma Oil Field called "Sidewell" (8 wells or 32??). The local group will add their expertise to implement a new plan to exploit the wells to maximum flow rates. Tyche Energy Inc. will commence re-working of these wells in mid-January. As a result of these efforts it is anticipated that within three months these wells will be in full production. The company will announce flow rates as the re-worked wells come on line.
2006-10-11
Royal Petroleum Corp. Announces the Acquisition of 32 Oil Wells in Oklahoma
CALGARY, Alberta, Oct. 11, 2006 (PRIMEZONE) -- Royal Petroleum Corp. (Other OTC:RYLP) announced that the company has completed a transaction acquiring 32 oil wells in Oklahoma. Royal Petroleum in the purchase takes possession of two wells that are currently producing and on line. The company intends to re-work the additional 30 wells, bringing them into completion on a two-wells-per-month production schedule.
Royal Petroleum Corp. considers this to be a landmark acquisition for the company.
Biogenerics Reports On Subsidiary's Recently Acquired Oil Wells
October 3, 2006
TYLER, Texas, Oct 3, 2006 (PrimeZone Media Network via COMTEX News Network) --
Biogenerics Limited (Pink Sheets:BIGN) announced that its subsidiary WW Oil & Gas Inc. has completed the purchase of 32 oil wells located in Oklahoma. WW Oil & Gas Inc. acquires 2 oil-producing wells and an additional 30 wells for re-completion. The assets were purchased with cash and shares.
Biogenerics' subsidiary expects to re-work on an average 2 oil-producing wells per month located on the 120 acres of property in Oklahoma.
Additionally, Biogenerics subsidiary Tyche Energy Inc. also announced that they have completed a purchase to obtain 8 oil wells in Oklahoma. This signals Tyche Energy's strategic intention to pursue a significant position in the U.S Oil & Gas industry.
Biogenerics Limited updates that it continues to work on the closings of LOIs announced in the August 31, 2006 press release.
FARMINGTON, N.M., Dec. 6, 2006 (PRIME NEWSWIRE) -- WW Energy Inc. (Pink Sheets:WWNG) subsidiary WW Oil and Gas Inc. has been granted full operational rights of the recently acquired oil wells located in Oklahoma. This is a significant and strategic step as the Company begins the re-completion of the wells. Of the 32 wells, 2 are completed and producing. WW Oil and Gas will implement the newly purchased oil rig and equipment to commence re-completion of the remaining 30 wells. The equipment will cut costs and should expedite production. The Company will report on progress from the Oklahoma Oil Fields as it becomes available...
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