Here are some more. I have every pr printed off by the way. Try google if u cant find them. Just trying to help.
Posted by: makesumgravy In reply to: None Date:2/23/2008 12:53:48 PM Post #of 39649
For all those invested in this company and would like to copy and file these year long Pr's here they are again. We started out with 10 million o/s and this is where the company is at today. Its kinda like none of this ever happened, and Jerry goes to the back of the line, and his partners step to the front offering up some other business venture. We first hear the company is gonna apply to become reporting, and when these issues surfaced, it took another spin, and it didn't take long for Regions to evaporate. In addition to all this its kinda the same thing that happened to Fcnk who has never been far from the picture since AT disallowed this company to trade. These problems still exist today.
The other question is just how many of these restricted shares have been sold, and what is todays' outstanding share count?. Every last one of those restricted could have been sold for all we know?.
Something else that is note worthy. Jerry told everyone that this partnership allowed access to a drill when other small juniors were on a waiting list, and the wait could be weeks or months......we supposedly started out ahead of the pack, and when I research other companies doing the same things, and just starting out don't seem to have all these issues. Leathernecks did a private offering and Regions did a public offering, and this group he is involved with had other things going on in the past as well.
It almost looks like Fcnk did this a second time around, same players different names. I personally am past the point of believing anything more from this group. This entire picture shouldn't sit well with anyone.
Business Description: Regions Oil and Gas is company with a philosophy and strategy of "Bringing New Life to Old Forgotten Fields". The fields in question were generally produced in the early 1900’s with the mind set and technology created during the industries infancy. As a result, these wells have large amounts of oil still in reserves. With today’s technology these fields are proving to be very productive. A U.S. Department of Energy publication in 2004 stated that only approximately 1/3rd of the oil reserves have been recovered out of the old fields. These fields are known today as “Marginal” oil fields. After researching the topic, "Marginal" takes on a whole new meaning. To us it means “Success”. With the proper techniques these fields can be just as productive as initial production! In other words, if we go into these fields, and use the latest technology, we can produce these fields just as they did when first drilled!
Regions Oil and Gas has organized and trained a crew of industry experts to service our operations, eliminating the need for third parties. We have strategic partners with the necessary equipment (drilling rigs, pulling unit, etc.) to maintain our properties and drill new wells in a timely manner. Add a world class sales team, and we have the ability to economically "Bring New Life to Old Forgotten Fields".
Regions Oil and Gas is a company which searches for old oil fields and generates oil and revenues from the reserves that were left untouched long ago. We are located in the Dallas, Texas area. This area has many advantages due to the proximity to abandoned oil fields and the central location to states that also have similar fields.
Texas - red Alaska - purple California - green Louisiana - yellow Oklahoma - blue
Officers:
Jerry Griggs, President Mr. Griggs has over 15 years in the oil and gas business. He has been responsible for the site acquisition, capital raising, drilling and completion of over 100 wells through out the south-western United States. Mr. Griggs owned and operated his own Oil and Gas business for over 7 years. He had 7 full time employees. For the last two years he was employed by Texakoma Oil and Gas Co. where he maintained his series 22 and series 63 security license. Mr. Griggs was also enlisted in the United States Marine Corp. As President of the company Mr. Griggs will be responsible for all of the work that happens in the field. This will include finding the deals, supervision of the drilling and all sub contract companies, drilling and completion material acquisition, business relation culmination.
David Marrow, Vice President Mr. Morrow is a co-founder of the company and is responsible for business relations in South and West Texas area as well as project management and overseeing the operational efforts of all on-site personnel. Mr. Morrow attended Texas A&M University in 1979 where he studied marketing. After college, Mr. Morrow became employed by UA Cablevision in San Antonio, Texas where he participated in the successful four-year build-out of the business in San Antonio, Texas. After leaving UA Columbia Cablevision in 1990, he became employed as a major project manager for SabreData, Inc. located in Austin, Texas where his duties included overall project supervision. Mr. Morrow is currently a Vice-President of Blue Star Telecommunications of Plano, Texas and a co-owner of two wholesale beer distributors located in Fort Stockton and Midland\Odessa, Texas. Mr. Morrow is also a controlling shareholder of the company, owning 25% of the issued and outstanding common shares of the company.
Robert Rohlfing, VP Drilling
Greg Dartez, Secretary \ Treasure Mr. Dartez has over 15 years of experience in the technology field. He began his career in the United States Air Force. During his enlistment in the Air Force, Greg was involved with telecommunications, data networking and outside plant installation. After leaving the Air Force, Greg worked for a Central Texas VAR of voice and data commutations. He was responsible for all voice network installations throughout the Southwest United States. Next, Greg, with the help of two partners started BlueStar Telecom. BlueStar Telecom was located in Plano, Texas. The main business of BlueStar was voice and data network installation, maintenance, wireless product sales (1 retail location). BlueStar employed 15 people. During his time at BlueStar, Greg was offered and accepted a position at Cisco Systems. Greg was in the Advanced Services group involved with the certification, alpha and beta testing of Cisco’s Voice over IP solution. Greg successfully planned, designed, and deployed over 65,000 IP phones, 120,000 voice mail ports, and hundreds of call centre agents in his 5 year tenure with Cisco. Along with the duties of Secretary and Treasurer to the corporation, Mr. Dartez will be responsible for the day to day operations of Regions Oil and Gas and their corporate office. This will include ensuring NASD compliance.
Primary State of Incorporation: Florida
SHARE STRUCTURE TA confirmation on 6-6-07
as of 24-7-07
for regions oil & gas- total authorized-500,000,000 total outstanding-294,049,964 float-106,743,135
-October 31 2006 FCNK (Financial Commerce Network, Inc.) Announces the Reverse Merger into Regions Oil & Gas; 1 Billion Dollars in Estimated Oil Reserves
Financial Commerce Network, Inc. (Pink Sheets: FCNK) is pleased to announce that it has recently reversed into a merger with Regions Oil & Gas, a Nevada Corporation. Regions Oil & Gas Corporate office is located in Dallas, Texas which is central to the Texas / Oklahoma drilling fields. Company officials have teamed up with Geologists to complete surveys, which indicate oil reserves can generate revenues estimating 1 Billion U.S. Dollars.
Jerry Griggs, President and CEO, Regions Oil and Gas, stated, "This merger is a solid step forward for both Financial Commerce Network and Regions Oil and Gas. This provides current shareholders a new and exciting opportunity to get in to the oil and gas industry with a company that is positioned for tremendous growth, while providing Regions an avenue to bring our philosophy of bringing new life to old forgotten fields to fruition." ________________________________________________________________________________________________________________________________
-November 13 2006 FCNK (Financial Commerce Network, Inc.) and Regions Oil & Gas Enter into Negotiations with Thomas International Drilling Management
DALLAS (Business Wire) -- Financial Commerce Network Inc. (Pink Sheets:FCNK) is currently in negotiations with Thomas International Drilling Management, a Texas corporation, to purchase a 25% stake in their drilling management company. TIDM currently has a two year drilling contract with an independent oil and gas company. The drilling rig TIDM manages is rated at 23,000 feet. There is also the option to add another rig under management in mid 2007, effectively doubling the amount of projects TIDM and Regions can take part in. This partnership could add about $1,800,000 annually to Regions' bottom line.
"This acquisition, combined with our current oil and gas operating company in Oklahoma, gets us closer to our goal of being the one stop shop that small independent oil and gas companies prefer to use, due to the ease of the whole process," Jerry Griggs, President and CEO, Regions Oil and Gas, stated. ________________________________________________________________________________________________________________________________
-November 16 2006 Regions Oil & Gas Enters into Agreement with Oklahoma Drilling Company, Increasing Efficiency and Production
Related information E-mail this article Print-friendly version Discuss this articleStocks mentioned in this articleFINANCIAL COMMERCE NETWORK INC (FCNK) Stock Quote, Chart, News All BusinessWire NewsRegions Oil & Gas (Pink Sheets: FCNK): The company announced today that it has entered into an agreement with Seminole Oil Productions LLC., a drilling company located in Northeast Oklahoma.
This agreement provides an avenue to control drilling and exploration costs and provides almost immediate access to a drilling rig for new drills. Additionally, it provides access to work-over rigs to maintain current wells on short notice. This will allow current production to be maximized at rates above the industry norm for the area.
"There is a shortage of rigs, and people who know how to drill with them - skilled manpower, geologists, everything is in high demand in our industry in general, but seems to be pronounced in our area of focus. In the past, we have had to wait for almost a year to drill one well. Now, when we have a suitable location with the proper reserves or potential, we can mobilize quickly and begin drilling. This agreement allows us to continue our drilling campaign in Oklahoma in an expedited fashion. I am extremely excited by this partnership as it should result in a solid positive impact on the bottom line," Jerry Griggs was quoted as saying. ________________________________________________________________________________________________________________________________
-November 21 2006 Regions Oil & Gas Sets Date to Begin Work on a Secondary Recovery Project with $10 Million in Recoverable Oil
Regions Oil and Gas, Inc. (Pink Sheets: FCNK) is pleased to announce a tentative date has been set for work to commence on their water flood/secondary recovery project in Oklahoma. Work is scheduled to begin the week of December 4th. Geological records indicate between 200,000 and 350,000 BO of recoverable oil in this reservoir. At $50.00 per barrel this equates to approximately $10,000,000. "Getting this project started is a milestone for Regions and our relationship with our share holders. If this project meets our expectations, not only we will we have a healthy return on our investment, but it will further validate to our share holders that our philosophy (of bringing new life to old forgotten fields) works," Jerry Griggs stated. --------------- ----------- --------
-Jan 22 2007 Regions Oil and Gas Inc. (FCNK) Receives New Symbol -- RGNO http://biz.yahoo.com/bw/070122/20070122005939.html?.v=1 ________________________________________________________________________________________________________________________________
Jan 30 2007 Regions Oil and Gas Yields Huge Success Bringing First Well of 2007 On-line
DALLAS--(BUSINESS WIRE)--Regions Oil & Gas, Inc. (Pink Sheets:RGNO - News) announces today the final completion and testing of the W D #1 gas well in Beggs, Oklahoma, has been completed. This well tested at approximately 273 MCF per day and has been tied in to the local gas gathering lines for production.
"The field (location of well) is very promising. We thought we could make a well here, and now we have proof of what is actually in the ground. After it settles in, we are planning on completing a fracture of the formation utilizing state-of-the-art technology, which should further increase production. Potentials are as much as 1000 MCF per day.
"Also, we are currently formulating plans for the drilling of at least two more wells in this field. We should begin work on these in the next few months. Our relationship with Seminole Oil is beginning to show its value; it ensures we have a rig, the necessary drilling equipment and the expertise to complete a project when we need it. I am very optimistic about this well and the field's future," stated Jerry Griggs, CEO ________________________________________________________________________________________________________________________________
-Feb 12 2007 RGNO Adds Acreage with up to Ten Drill Sites in Proven Field Containing Estimated Reserves Reaching up to 30 Million Dollars of Un-Produced Oil/Gas
DALLAS--(BUSINESS WIRE)--Regions Oil and Gas (Pink Sheets:RGNO - News) announced that the balance of the Jenkins lease has been added to the existing Maddux and Young Leases.
This field is located in Okmulgee County, Oklahoma and was originally discovered in 1920 with oil production from four zones as follows: Bartlesville Sand at approximately 1,800' the Booch (Tannehall) Sands at approximately 2,100', Dutcher Sands at 2,390' and the Wilcox Sand at approximately 2,830'.
Most of the Bartlesville Sand wells produced only oil with most averaging 75 BOPD. Tannehall Sand production varied widely from 6 BOPD to in excess of 400 BOPD. Some of the early Dutcher Sand gas wells flowed as high as 5 million cubic feet of gas per day and 120 BOPD. In fact there were three wells immediately offsetting this lease that all flowed in excess of 5 million per day.
Records indicate the Wilcox Sand was the most prolific zone. The drilling by the company of the Guadalcanal #2 and the WD #1, confirmed the presence of the indicated Wilcox Sand Formation structurally high, located immediately north of the WD #1.
Jerry Griggs was quoted as saying, "If you combine our low cost per barrel to produce oil and gas with the confirmation of these reserves under our lease, then add in the abundance and advancement in completion technology and the multiple pay zones, we should be able to be productive from any well we drill here. This may be a small lease but the potentials are there and are very real."
LEATHERNECK ENERGY GROUP INC: CONTACT - GREG DARTEZ (RGNO SEC/TREAS) http://img120.imageshack.us/img120/1707/sctl2.png ________________________________________________________________________________________________________________________________
Feb 12 2007
Regions Oil & Gas, Inc. (RGNO) SqueezeTrigger Price is $0.14. Approximately 6.9 million Shares Shorted Since January 2005 According to Buyins.net Research Report
Press Release's Source: Regions Oil and Gas ________________________________________________________________________________________________________________________________
Thursday February 15, 5:00 am ET
Regions Explores State of The Art Technology That Enhances Secondary Oil Recovery Methods by Up To 100 Fold
DALLAS--(BUSINESS WIRE)--Regions Oil and Gas, Inc. (Pink Sheets: RGNO - News) announced today, they are exploring the use of a state of the art technology relating to secondary oil recovery. This unique Enhanced Recovery Method has been shown to increase production of marginal wells up to 100 fold. Reaching new levels in oil production such as this can mean billions of dollars in new revenue to the industry.
"In February 2006, a series of technical reports released by the Department on Energy (DOE) Office of Fossil Energy highlight the significant potential for state-of-the-art and advanced oil recovery technologies to significantly contribute to the development of the large volume of remaining undeveloped domestic oil resources in the United States. Ten basin-oriented assessments- four new, three updated and three previously released- estimate that 89 billion barrels of additional oil from currently "stranded" oil resources in ten U.S. regions could be technically recoverable..." (http://www.fossil.energy.gov/programs/oilgas/eor/index.html)
Company officials for RGNO have expressed their excitement with regards to this new technology. Implementation, after field trials, could be as early as August of 2007.
"While there are a lot of companies out there that have proven track records when it comes to enhanced recovery projects, we have narrowed down our search to one company. We feel this company has the best ideas and are on the leading edge of a technology breakthrough in the patch. As we get further along in the process of acquiring the rights to this product we will provide further updates," Stated Jerry Griggs, CEO, Regions Oil and Gas. ________________________________________________________________________________________________________________________________
RGNO Signs Agreement to Begin Project with Upside of $200 Million Regions Oil and Gas, Inc. (Pink Sheets: RGNO) announced today they have signed an agreement and are in the process of acquiring 640 acres located in West Texas. This project is a “wildcat” and has the potential to find up to 4 million barrels of recoverable oil. At today’s prices, that is approximately $200 million in revenue.
Regions has partnered with a well-known Geologist with extensive experience and knowledge relating to this part of Texas. He has used established subsurface techniques to delineate this project. Based on his findings, a plan to drill a test well in this area was devised and is in the preliminary stages of execution.
“We were looking for a play in Texas and came across this exciting project. This type of discovery can show a substantial increase to our bottom line and should excite our shareholders. After the initial test well is complete, we will update our shareholders,” stated Jerry Griggs, CEO.
About Regions Oil & Gas, Inc.: Regions Oil & Gas Corporation (“Regions” or the “Company”) was formed to initiate, manage, acquire, supervise and operate oil and gas ventures and to otherwise engage in the oil and gas industry and exploration business. The Company solicits and acquires from accredited and institutional investors, the capital necessary to lease, develop, and complete oil and gas wells. Their philosophy and strategy is “Bringing New Life to Old Forgotten Fields.” The fields in question were generally produced in the early 1900’s with the mind set and technology created during the industry’s infancy. As a result, these wells have large amounts of oil still in reserves. ________________________________________________________________________________________________________________________________
Press Release Source: Regions Oil & Gas, Inc.
Friday May 11, 6:00 am ET
Regions Oil and Gas Provides Progress Updates on Multiple Oil/Gas Wells
DALLAS--(BUSINESS WIRE)--Regions Oil & Gas, Inc. (Pink Sheets: RGNO - News) announced today several updates to ongoing projects.
Regions has finished completing the Gua #1. This well is currently on line and initial production numbers will follow in future updates.
The Gua #2 is currently in line for an advanced formation fracture technique to be completed as soon as the weather allows. Depending on how the technology works, the WD #1 will utilize the same technique. Regions anticipates that the production levels of these two wells could reach the production levels of a near by well that blew out of control for 15 days before being shut in (approximately 5 MMCF per day).
The issues that have kept the Iwo lease from production have been dealt with and Regions is currently awaiting final approval to resume production. Once approval has been granted the Iwo #2 will be perforated up hole to exploit a zone that had a strong show of oil during drilling.
The west Texas play is still in progress and is awaiting final approval from the land and mineral owners to proceed with the test well. Lease documents have been finalized and signed by all parties adding an additional 80 acres to their current 700 acres, located in an area with proven production. This location has favorable spacing requirements providing up to 10 additional drill sights.
Work continues on acquiring the remainder of the lease necessary to build a commercial water disposal facility in Muskogee County, Oklahoma. This project has potential to provide additional revenue beyond what was originally estimated, as there has been over 25 new permits to drill issued in the last 180 days. Each of these projects will have a need to dispose of any produced water during drilling and during future operations.
"I want to apologize for the lack of updates in recent months. We have been diligently searching for innovative and cost effective solutions to problems that have come up along the way, bringing wells on line, and at the same time evaluating new prospects for future growth. As time goes on and revenue comes in, I hope the share holders will be pleasantly surprised by the amount of work that has been accomplished in this short amount of time and the benefits it could bring to Regions Oil and Gas and its share holders. Please be patient with us as we are working for you and are making every effort to turn Regions into a recognized and respected company in this industry," stated Jerry Griggs, CEO Regions Oil and Gas. ________________________________________________________________________________________________________________________________
June 6, 2007 - 6:00 AM EDT
Regions Oil and Gas Updates Shareholders on Operations and Current Share Structure Regions Oil & Gas, Inc. (Pink Sheets: RGNO) announced today several updates to ongoing projects.
The Gua #1 has been operational for several days and initial production numbers are promising. The Gua #2 under went a fracture treatment on May 31, 2007. The process went as expected and the well is currently being put on line for test purposes. Positive test results are expected later this week. The procedure of forced pooling, with the intention of engaging Questar Exploration & Production (NYSE: STR) and others, has started. This forced pooling process relates to mineral rights located in the current Regions Oil and Gas Wilcox field. The company has identified 4 additional locations suitable for drilling. The Oki, Sai, and Pel have been put back into production and are currently producing approximately 20 BBLs per day. The entire Iwo lease should be operational in the coming weeks. The paper work has been filed to allow the utilization of their disposal well. Once approved they anticipate approximately 60 to 70 BBLs per day to be produced from the Iwo #1 and 10 to 20 BBLs per day initially from the Iwo #2. Jerry Griggs, CEO stated, “Since our last update we have been in the field meeting our goals of getting our properties producing at optimal levels. While the weather keeps progress slow, you can see from the announcements made that we are diligently working towards maximum production.
“We recently increased our Authorized share amount to 500 million. This increase was done to aid in future funding requirements. Our intention is to position Regions to be ready for any possible opportunity that comes our way. Possible uses include lease purchases and acquisitions. There has been some speculation as to our share structure and I would like to put out an accurate number to clarify any doubts. All shares owned by company insiders are restricted and no company officer has sold any shares.”
Current share structure of the company is as follows:
Authorized: 500,000,000 Total Outstanding 287,950,053 Restricted: 187,326,829
Float Non Restricted: 100,623,224 ________________________________________________________________________________________________________________________________
July 10, 2007 - 2:11 PM EST
Regions Oil and Gas Provides Update On Current Operations Regions Oil and Gas, Inc. (Pink Sheets: RGNO) stated today:
The Iwo #2 recently underwent a re-completion into an upper zone that had a positive show of oil during drilling. While there has been a positive cut of oil, the well is currently shut in due to high gas pressure. Currently the well has approximately 750 lbs of pressure at the well head and is awaiting a test from the local gathering company. A well located in this section was shut in after drilling with 548 lbs of pressure and after completion had an initial daily rate of 1,548 MCF. Although weather continues to cause substantial delays, Regions hopes to attain this level of production.
The Gua #2 underwent a fracture treatment and is settling in. The results are promising and it appears the well has taken the fracture treatment as expected. Due to weather conditions the testing and meter hook up has been delayed, but will commence as soon as the weather allows. Currently a sales meter is located on this lease, gas sales could commence immediately following testing and gathering line connection.
“The weather has been a serious issue for most of the central United States over the last few months. Some of our projects have been delayed, but are slowly getting out of the mud. The pressure on the Iwo #2 was a pleasant surprise. We have had positive shows, but low production of gas on this lease. If these numbers stay steady this will be a very nice producer for us. This is the type of production levels we were looking for,” stated Jerry Griggs, President Regions Oil and Gas, Inc.
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