PrimeGen Energy Corp. (PGNE)

[1upandaway]

Tuesday May 19, 2009, 4:01 pm EDT

PrimeGen Energy Corp. has signed an agreement to acquire a 40% working interest in the Timan-Pechora Oil Field in Russia from Moscow-based corporation, Kozik Energy Ltd.


Tuesday June 23, 2009, 4:01 pm EDT
PrimeGen Energy Closes $12 Million Milestone Financing

With the cash from this financing, the Company can now accelerate its development programs on our Russian properties, by scheduling a ten (10) well drill program. We expect to implement this program over the next six months. In addition, the Company can now expand its current land holdings and reserves by implementing a more aggressive acquisition strategy by focusing on more advanced and larger reserve properties.