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wird mal wieder ein neuer infothread, der weder zum kauf noch zum verkauf verleiten soll... einfach ein infothread
Galaxy Energy Subsidiary Drills Nine Coalbed Natural Gas Wells in Wyoming
WEDNESDAY, MAY 05, 2004 6:15 AM
- PR Newswire
DENVER, May 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation`s (GAXI) wholly owned subsidiary Dolphin Energy Corporation has drilled and cased nine new wells at the Pipeline Ridge coalbed methane prospect in Sheridan County, Wyoming.
These wells are adjacent to an existing pipeline. Power contracts are currently being finalized to allow the commencement of dewatering of completed coal zones, which will potentially result in gas sales into the pipeline before the end of 2004.
Additionally, three wells at Horse Hill and one well at Buffalo Run East have been commenced with surface casing set.
Completion operations to drill out below production casing and underream the primary coal zone began this week on Dolphin Energy`s Leiter Estate property, near Leiter, Wyoming.
All of these field development activities are part of Galaxy`s overall plan for developing its Wyoming leases, with the goal of generating sales of natural gas from these properties in 2004.
Galaxy Energy Corporation is in the business of oil and gas exploration and production and is currently acquiring and developing coalbed methane (CBM) and other unconventional and conventional natural gas properties in Wyoming, Montana, Texas and Europe.
This press release consists of forward-looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the company`s filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10K (annual report), 10Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Web site, http://www.galaxyenergy.com/, or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Carl Thompson at CTA Public Relations at (303) 665-4200, or Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations of Galaxy Energy Corporation,
+1-360-945-0395, or +1-800-574-4294; or Bevo Beaven, Vice President, or Carl
Thompson, Principal, both of CTA Public Relations, Inc., +1-303-665-4200, for
Galaxy Energy Corporation
WEDNESDAY, MAY 05, 2004 6:15 AM
- PR Newswire
DENVER, May 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation`s (GAXI) wholly owned subsidiary Dolphin Energy Corporation has drilled and cased nine new wells at the Pipeline Ridge coalbed methane prospect in Sheridan County, Wyoming.
These wells are adjacent to an existing pipeline. Power contracts are currently being finalized to allow the commencement of dewatering of completed coal zones, which will potentially result in gas sales into the pipeline before the end of 2004.
Additionally, three wells at Horse Hill and one well at Buffalo Run East have been commenced with surface casing set.
Completion operations to drill out below production casing and underream the primary coal zone began this week on Dolphin Energy`s Leiter Estate property, near Leiter, Wyoming.
All of these field development activities are part of Galaxy`s overall plan for developing its Wyoming leases, with the goal of generating sales of natural gas from these properties in 2004.
Galaxy Energy Corporation is in the business of oil and gas exploration and production and is currently acquiring and developing coalbed methane (CBM) and other unconventional and conventional natural gas properties in Wyoming, Montana, Texas and Europe.
This press release consists of forward-looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the company`s filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10K (annual report), 10Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Web site, http://www.galaxyenergy.com/, or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Carl Thompson at CTA Public Relations at (303) 665-4200, or Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations of Galaxy Energy Corporation,
+1-360-945-0395, or +1-800-574-4294; or Bevo Beaven, Vice President, or Carl
Thompson, Principal, both of CTA Public Relations, Inc., +1-303-665-4200, for
Galaxy Energy Corporation
Aus der FTD vom 5.11.2004
Bushs Wahlsieg spaltet die US-Industrie
Von Thomas Clark, Andrea Kunze und Klaus-Max Smolka
Während die Mehrzahl der US-Firmen Genugtuung über den Wahlsieg von Präsident George W. Bush empfindet, erwarten einige Branchen große Herausforderungen. Überraschenderweise gilt das vor allem für die Autokonzerne.
Suche nach Gas
US-Präsident Bush dürfte voraussichtlich bald zulassen, dass Naturschutzgebiete in Alaska für die Suche nach neuen Erdgasvorkommen geöffnet werden. Darauf drängte auch die Chemiebranche. "Gas ist in den USA die Basis für viele Chemieprodukte. Wir müssen hier dringend neue Quellen erschließen, um ein weiteres Ansteigen des Gaspreises zu verhindern", sagte der Amerika-Chef von BASF, Klaus-Peter Löbbe, kürzlich der FTD.
Bushs Wahlsieg spaltet die US-Industrie
Von Thomas Clark, Andrea Kunze und Klaus-Max Smolka
Während die Mehrzahl der US-Firmen Genugtuung über den Wahlsieg von Präsident George W. Bush empfindet, erwarten einige Branchen große Herausforderungen. Überraschenderweise gilt das vor allem für die Autokonzerne.
Suche nach Gas
US-Präsident Bush dürfte voraussichtlich bald zulassen, dass Naturschutzgebiete in Alaska für die Suche nach neuen Erdgasvorkommen geöffnet werden. Darauf drängte auch die Chemiebranche. "Gas ist in den USA die Basis für viele Chemieprodukte. Wir müssen hier dringend neue Quellen erschließen, um ein weiteres Ansteigen des Gaspreises zu verhindern", sagte der Amerika-Chef von BASF, Klaus-Peter Löbbe, kürzlich der FTD.
Galaxy Energy Corporation Reports Additional Coalbed Methane Production; Updates Field Development Activities Galaxy expects more than 180 producing wells by April 2005
DENVER, Nov 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy
Corporation (OTC Bulletin Board: GAXI) announces the commencement of initial
natural gas production from several new wells in its coalbed methane (CBM)
properties in the eastern portion of the Powder River Basin and provides the
following operational update.
Glasgow and West Recluse properties - Campbell County, Wyoming
On November 9, 2004, production commenced from the first 15 newly drilled wells
in the Glasgow area, following completion of a 1.5-mile, 12-inch delivery line
connecting the wells to a compressor station on a Western Gas Resources
gathering line. Wells in the Glasgow area are expected to dewater relatively
quickly and management believes that it will be able to project average
production rates from these wells by the end of 2004.
In the West Recluse area, where Galaxy has eight producing wells, the Company
recently drilled and completed 13 additional wells. Construction of a gathering
system for these new wells is underway and should be completed by the end of
2004. Drilling of at least 32 additional wells is planned at the West Recluse
area over the next four months.
In its Glasgow and West Recluse properties, Galaxy has a 90% working interest in
approximately 4,400 acres.
Pipeline Ridge, Ucross Ranch and Leiter properties - Sheridan County, Wyoming
In the western part of the Powder River Basin, Galaxy is developing its
approximately 55,000 CBM acres in Sheridan County. Galaxy currently operates in
three areas, where its working interests range between 99.5% and 100%.
At Pipeline Ridge, the company has drilled or is drilling a total of 32
production wells. Production is expected to commence by the end of January 2005
after completion of five water disposal wells, finalization of the completion
process on about half of the drilled wells, and completion of the gathering
system, which will then be tied into the Bighorn pipeline.
In the Leiter and Ucross Ranch areas, 45 production wells have been drilled to
date and the drilling of up to 15 additional wells in the Ucross Ranch area is
currently underway. Approximately 30 of the wells in these two areas have been
completed and are waiting to be hooked up to the gathering system and pipeline,
which is scheduled to be completed near the end of December 2004. The remaining
wells are scheduled to be brought on production in early 2005.
Elsewhere in the Powder River Basin, Galaxy has budgeted the drilling of 23
additional wells (in which Galaxy would own 90% to 100% working interest) by the
end of the first quarter of 2005. This will bring the total number of wells in
the current phase of the company`s CBM program to 183 wells. This represents
approximately 30% of the estimated 600 CBM well locations identified on Galaxy`s
acreage.
Marc E. Bruner, Galaxy`s Chairman and President, stated, "The commencement of
production at Glasgow is an important milestone for Galaxy, as it is the
beginning of what we believe will be a significant period of growth in gas
production from our aggressive Powder River Basin development program. We look
forward to reporting on our progress in the months ahead."
Galaxy Energy Corporation is an oil and gas exploration and production company
focusing on acquiring and developing coalbed methane properties in the Powder
River Basin of Wyoming and Montana.
This press release consists of forward-looking statements regarding the intent,
belief or current expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve a number of risks and
uncertainties, and actual results could differ materially from those indicated
by such forward looking statements. The Company assumes no obligation to update
the information contained in this press release, whether as a result of new
information, future events or otherwise. Please refer to the company`s filings
with the United States Securities and Exchange Commission for discussions of
risks and uncertainties found in Forms 10-KSB (annual report), 10-QSB (quarterly
report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site,
http://www.galaxyenergy.com, or by calling Brad Long, Investor Relations/Galaxy
Energy at (800) 574-4294, Bevo Beaven or Bill Conboy at CTA Public Relations at
(303) 665-4200, or Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
DENVER, Nov 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy
Corporation (OTC Bulletin Board: GAXI) announces the commencement of initial
natural gas production from several new wells in its coalbed methane (CBM)
properties in the eastern portion of the Powder River Basin and provides the
following operational update.
Glasgow and West Recluse properties - Campbell County, Wyoming
On November 9, 2004, production commenced from the first 15 newly drilled wells
in the Glasgow area, following completion of a 1.5-mile, 12-inch delivery line
connecting the wells to a compressor station on a Western Gas Resources
gathering line. Wells in the Glasgow area are expected to dewater relatively
quickly and management believes that it will be able to project average
production rates from these wells by the end of 2004.
In the West Recluse area, where Galaxy has eight producing wells, the Company
recently drilled and completed 13 additional wells. Construction of a gathering
system for these new wells is underway and should be completed by the end of
2004. Drilling of at least 32 additional wells is planned at the West Recluse
area over the next four months.
In its Glasgow and West Recluse properties, Galaxy has a 90% working interest in
approximately 4,400 acres.
Pipeline Ridge, Ucross Ranch and Leiter properties - Sheridan County, Wyoming
In the western part of the Powder River Basin, Galaxy is developing its
approximately 55,000 CBM acres in Sheridan County. Galaxy currently operates in
three areas, where its working interests range between 99.5% and 100%.
At Pipeline Ridge, the company has drilled or is drilling a total of 32
production wells. Production is expected to commence by the end of January 2005
after completion of five water disposal wells, finalization of the completion
process on about half of the drilled wells, and completion of the gathering
system, which will then be tied into the Bighorn pipeline.
In the Leiter and Ucross Ranch areas, 45 production wells have been drilled to
date and the drilling of up to 15 additional wells in the Ucross Ranch area is
currently underway. Approximately 30 of the wells in these two areas have been
completed and are waiting to be hooked up to the gathering system and pipeline,
which is scheduled to be completed near the end of December 2004. The remaining
wells are scheduled to be brought on production in early 2005.
Elsewhere in the Powder River Basin, Galaxy has budgeted the drilling of 23
additional wells (in which Galaxy would own 90% to 100% working interest) by the
end of the first quarter of 2005. This will bring the total number of wells in
the current phase of the company`s CBM program to 183 wells. This represents
approximately 30% of the estimated 600 CBM well locations identified on Galaxy`s
acreage.
Marc E. Bruner, Galaxy`s Chairman and President, stated, "The commencement of
production at Glasgow is an important milestone for Galaxy, as it is the
beginning of what we believe will be a significant period of growth in gas
production from our aggressive Powder River Basin development program. We look
forward to reporting on our progress in the months ahead."
Galaxy Energy Corporation is an oil and gas exploration and production company
focusing on acquiring and developing coalbed methane properties in the Powder
River Basin of Wyoming and Montana.
This press release consists of forward-looking statements regarding the intent,
belief or current expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve a number of risks and
uncertainties, and actual results could differ materially from those indicated
by such forward looking statements. The Company assumes no obligation to update
the information contained in this press release, whether as a result of new
information, future events or otherwise. Please refer to the company`s filings
with the United States Securities and Exchange Commission for discussions of
risks and uncertainties found in Forms 10-KSB (annual report), 10-QSB (quarterly
report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site,
http://www.galaxyenergy.com, or by calling Brad Long, Investor Relations/Galaxy
Energy at (800) 574-4294, Bevo Beaven or Bill Conboy at CTA Public Relations at
(303) 665-4200, or Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Last:
1.58 Change:
+0.20 Open:
1.37 High:
1.59 Low:
1.37 Volume:
611,171
Percent Change:
+14.49%
1.58 Change:
+0.20 Open:
1.37 High:
1.59 Low:
1.37 Volume:
611,171
Percent Change:
+14.49%
Galaxy Energy Corporation Information to Be Available Through Standard & Poor`s Market Access Program
TUESDAY, NOVEMBER 16, 2004 12:50 PM
- PR Newswire
GAXI
1.58 +0.20
Enter Symbol:
Enter Keyword:
DENVER, Nov 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation (GAXI) announced today that its company information will be made available via Standard & Poor`s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor`s Advisor Insight and via S&P`s Stock Guide database. As part of the program, a full description of Galaxy Energy Corporation will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws.
Galaxy Energy Corporation
Galaxy Energy Corporation is an oil and gas exploration and production company focusing on acquiring and developing coalbed methane properties in the Powder River Basin of Wyoming and Montana and other unconventional and conventional natural gas properties in East Texas and Europe.
Company information distributed through the Market Access Program is based upon information that Standard & Poor`s considers to be reliable, but neither Standard & Poor`s nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
Contacts:
Galaxy Energy Corporation
TUESDAY, NOVEMBER 16, 2004 12:50 PM
- PR Newswire
GAXI
1.58 +0.20
Enter Symbol:
Enter Keyword:
DENVER, Nov 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation (GAXI) announced today that its company information will be made available via Standard & Poor`s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor`s Advisor Insight and via S&P`s Stock Guide database. As part of the program, a full description of Galaxy Energy Corporation will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws.
Galaxy Energy Corporation
Galaxy Energy Corporation is an oil and gas exploration and production company focusing on acquiring and developing coalbed methane properties in the Powder River Basin of Wyoming and Montana and other unconventional and conventional natural gas properties in East Texas and Europe.
Company information distributed through the Market Access Program is based upon information that Standard & Poor`s considers to be reliable, but neither Standard & Poor`s nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
Contacts:
Galaxy Energy Corporation
# Dr. Motte
Moin Doc... Ausser uns scheint sich hier niemand für GAXI zu interessieren... Hast Du bemerkt, daß sich die Umsätze in den beiden letzten Tagen verzigfacht haben und der Kurs intraday bis $ 1.14 lief? Wenn die Fundamentaldaten nur ansatzweise stimmen (angenommene Gaspreise sind deutlich tiefer), müsste das eine Verdoppelung geben.
Waterkant
Moin Doc... Ausser uns scheint sich hier niemand für GAXI zu interessieren... Hast Du bemerkt, daß sich die Umsätze in den beiden letzten Tagen verzigfacht haben und der Kurs intraday bis $ 1.14 lief? Wenn die Fundamentaldaten nur ansatzweise stimmen (angenommene Gaspreise sind deutlich tiefer), müsste das eine Verdoppelung geben.
Waterkant
Wieder mal ne positive Meldung!!!!!
Ist nicht meine Traslation
Galaxy Energy Corporation stellt Update für rumänischen Kohlenlager-Methan-Brunnen DENVER, Sept. 12 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation zur Verfügung (OTC Anschlagbrett: GAXI) stellte heute ein Zwischenzeitsupdate für sein Kohlenlagermethan (CBM) gut in Rumänien zur Verfügung. Hunedoara Bezirk, Jiu Senke, Rumänien Bohrung des Lupeni South-1 gut, das erste gut auf das rumänische Flächeninhalt der Galaxie, vor kurzem begonnen unter einer farmout Anordnung an keinen Kosten zur Galaxie. Ausgangsresultate vom Brunnen sind berichtet worden, wie folgt: * Das wohle Lupeni South-1 ist momentan an einer Tiefe von 330 Metern und hat Gaserscheinen innerhalb der Kohlenaht # 3 produziert. * Säumen Sie #13 und Naht # 14, beide Sekundärziele, hatte auch mehrfache Gaserscheinen. * Galaxie und Falke haben gemeinsam, Gehäuse laufen zu lassen festgestellt und Beendigung und prüfenbetriebe zu beginnen. ` wir füehlen mit den Ausgangsresultaten von unserem ersten gut in Rumänien, ` sehr erfreut, sagte Treber E. Bruner, CEO der Galaxie. ` die Einleitung fangen Resultate anzeigen auf, daß die Menge des Methans, das in diesen Kohlen anwesend ist, innerhalb eines im Allgemeinen geltenden kommerziellen Bereiches ist, und wir freuen zu empfangen zusätzlich auffangen Testdaten und zur Beendigung des Brunnens.` Galaxie, durch seine insgesamt besessene Tochterpannonian internationale Ltd., behält ein 25% Arbeitsinteresse am Brunnen. Falke-Öl u. Gas Ltd. hat ein 75% Arbeitsinteresse erworben.
Ist nicht meine Traslation
Galaxy Energy Corporation stellt Update für rumänischen Kohlenlager-Methan-Brunnen DENVER, Sept. 12 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation zur Verfügung (OTC Anschlagbrett: GAXI) stellte heute ein Zwischenzeitsupdate für sein Kohlenlagermethan (CBM) gut in Rumänien zur Verfügung. Hunedoara Bezirk, Jiu Senke, Rumänien Bohrung des Lupeni South-1 gut, das erste gut auf das rumänische Flächeninhalt der Galaxie, vor kurzem begonnen unter einer farmout Anordnung an keinen Kosten zur Galaxie. Ausgangsresultate vom Brunnen sind berichtet worden, wie folgt: * Das wohle Lupeni South-1 ist momentan an einer Tiefe von 330 Metern und hat Gaserscheinen innerhalb der Kohlenaht # 3 produziert. * Säumen Sie #13 und Naht # 14, beide Sekundärziele, hatte auch mehrfache Gaserscheinen. * Galaxie und Falke haben gemeinsam, Gehäuse laufen zu lassen festgestellt und Beendigung und prüfenbetriebe zu beginnen. ` wir füehlen mit den Ausgangsresultaten von unserem ersten gut in Rumänien, ` sehr erfreut, sagte Treber E. Bruner, CEO der Galaxie. ` die Einleitung fangen Resultate anzeigen auf, daß die Menge des Methans, das in diesen Kohlen anwesend ist, innerhalb eines im Allgemeinen geltenden kommerziellen Bereiches ist, und wir freuen zu empfangen zusätzlich auffangen Testdaten und zur Beendigung des Brunnens.` Galaxie, durch seine insgesamt besessene Tochterpannonian internationale Ltd., behält ein 25% Arbeitsinteresse am Brunnen. Falke-Öl u. Gas Ltd. hat ein 75% Arbeitsinteresse erworben.
GAXI ....... das Kürzel verleitet nahezu zum Kauf
Hat jemanden schon von Empyrean Energy gehört, die haben bei Frankfurt ein CBM project mit 1,2 bis 6 TCF potential.
www.empyreanenergy.com
Anton
www.empyreanenergy.com
Anton
völlig unbeachtet das ding hier in dtld.
dabei haben die gerade erst den sprung an die nasdaq geschafft
dabei haben die gerade erst den sprung an die nasdaq geschafft
ups, soryy, sollte AMEX heißen
Hallo zusammen
Welche auswirkungen hat die Amex Listung morgen auf den Kurs?
Der gleiche Kurs?
Welche auswirkungen hat die Amex Listung morgen auf den Kurs?
Der gleiche Kurs?
Antwort auf Beitrag Nr.: 18.944.058 von Eristoff am 22.11.05 20:29:31Wow,
Sehe sehr gute einstiegschance
Umsätze ziehen super an. Nur der Newsflow lässt zu wünschen übrig
Also haltet die Augen offen.
Nur am Rande
Bin auch bei WKN. UPDA investiert. Sieht heute auch wieder versöhnlich aus
Sehe sehr gute einstiegschance
Umsätze ziehen super an. Nur der Newsflow lässt zu wünschen übrig
Also haltet die Augen offen.
Nur am Rande
Bin auch bei WKN. UPDA investiert. Sieht heute auch wieder versöhnlich aus
Guten Tag Guys.
Es tut mir Leid, aber ich Komme aus England und mein Deutsche ist nicht sehr gut.
Empyrean aus England arbeiten Galaxy Energy/Pannonian mit, im Theisbergstegen in der naehe von Kusel in Rheinland Pfalz.
Ich habe etwas läuten hören, das sie etwas gross gefunden haben? Hat jemand sonst diese Gehoert auch?
Wohnt Jemand in der naehe von Kusel?
Auf Englisch sagt Jemand:
"I have just returned after a 2 day trip to Kusel along with a PI from Luxembourg. We have both held sizeable stakes in EME since 30p. The plan was to assess local opinion and pick up any useful gossip. The site is easily accessible and for anyone contemplating a trip to this part of Germany the directions are as follows: From Lux take E44 to Trier, then 1 to Saarbrucken/ Kaiserslautern. At the split take 62 Kaiserslautern. Leave at Junction 8 (not 7 for Kusel), left to Glan Munchwir and immediately right over the bridge on 423, left at roundabout just over the bridge. Follow this road about 7 km towards Theisbergstegen. A few yards past the village entry sign is a track to the right leading past the village cemetery. Park here and walk up the track a couple of hundred yards, the site is on the left. It is all neat and tidy ready for accepting the completion rig. The water pipe from the site is already laid in a gully either to waste or re-cycling. On the roadside is a small direction sign reading BOHRPLATZ and the name of the rig transportation company ERWIN REIB.
Although English but living in eastern France, I speak no German but my Lux friend obviously does. Talking to the locals, further development is expected very soon but no dates could be given. We tried to see the Burgomeister of Kusel, a man called Spitzer, but he was not available. He is apparently walking around with his chest puffed out thrilled to bits that gas has been found on his patch. It will be good for his local economy but better still politically for Germany as they believe the field to be so big that in time CBM from this area with heat much of their country and they will become less reliant on the evil communist, Vladimir Putin.
The two posts this morning questioning Long and Capes 45 days to flow are absolutely correct . It won’t happen that quickly. This overall play needs careful planning as Pannonian will be there for years to come with many more wells to drill."
Es tut mir Leid, aber ich Komme aus England und mein Deutsche ist nicht sehr gut.
Empyrean aus England arbeiten Galaxy Energy/Pannonian mit, im Theisbergstegen in der naehe von Kusel in Rheinland Pfalz.
Ich habe etwas läuten hören, das sie etwas gross gefunden haben? Hat jemand sonst diese Gehoert auch?
Wohnt Jemand in der naehe von Kusel?
Auf Englisch sagt Jemand:
"I have just returned after a 2 day trip to Kusel along with a PI from Luxembourg. We have both held sizeable stakes in EME since 30p. The plan was to assess local opinion and pick up any useful gossip. The site is easily accessible and for anyone contemplating a trip to this part of Germany the directions are as follows: From Lux take E44 to Trier, then 1 to Saarbrucken/ Kaiserslautern. At the split take 62 Kaiserslautern. Leave at Junction 8 (not 7 for Kusel), left to Glan Munchwir and immediately right over the bridge on 423, left at roundabout just over the bridge. Follow this road about 7 km towards Theisbergstegen. A few yards past the village entry sign is a track to the right leading past the village cemetery. Park here and walk up the track a couple of hundred yards, the site is on the left. It is all neat and tidy ready for accepting the completion rig. The water pipe from the site is already laid in a gully either to waste or re-cycling. On the roadside is a small direction sign reading BOHRPLATZ and the name of the rig transportation company ERWIN REIB.
Although English but living in eastern France, I speak no German but my Lux friend obviously does. Talking to the locals, further development is expected very soon but no dates could be given. We tried to see the Burgomeister of Kusel, a man called Spitzer, but he was not available. He is apparently walking around with his chest puffed out thrilled to bits that gas has been found on his patch. It will be good for his local economy but better still politically for Germany as they believe the field to be so big that in time CBM from this area with heat much of their country and they will become less reliant on the evil communist, Vladimir Putin.
The two posts this morning questioning Long and Capes 45 days to flow are absolutely correct . It won’t happen that quickly. This overall play needs careful planning as Pannonian will be there for years to come with many more wells to drill."
Galaxy Mit neuer Finanzierung über 4.5Mio.. Die Anleihe ist wandelbar in Aktien zum Stückpreis von 1.56/Aktie.
Dieses ist eine der Meldungen, auf die die Aktionäre gewartet haben. Der Kursmakler in Frankfurt taxt schon mal hoch...
Waterkant und seine grösste Position
Dieses ist eine der Meldungen, auf die die Aktionäre gewartet haben. Der Kursmakler in Frankfurt taxt schon mal hoch...
Waterkant und seine grösste Position
Heute ein shit Nachricht von der Amex!!!!!!!!
Die hätten von der Kapitalerhöhung nixi gewusst!!!!!!
Gas klingt gar nicht gut!!!!
Galaxy Energy Reports Receiving an AMEX Notice Indicating Th…
# Eristoff
Ja blöde. Aber die AMEX hatte erst ihre Warnung verteilt, die Finanzierung kam später. Mr. Bruner hält sich heute in Frankfurt auf. Vielleicht gibt es ja auch neue Info zu Galaxy.
Waterkant
Ja blöde. Aber die AMEX hatte erst ihre Warnung verteilt, die Finanzierung kam später. Mr. Bruner hält sich heute in Frankfurt auf. Vielleicht gibt es ja auch neue Info zu Galaxy.
Waterkant
An der Amex hält bis jetzt noch die 1$. Bis jetzt
Verkaufsdruck nimmt zu
Verkaufsdruck nimmt zu
Guten Tag. Es ist Mir aus England wieder.
Ich hab' eine Artikel in Google gefunden, um die Folgende Addresse:
http://66.249.93.104/search?q=cache:VlGOUdN4j5wJ:rheinpfalz.de/perl/cms/cms.pl%3Fcmd%3DshowList%26cache%3D1%26tpl%3DronList.html%26path%3D/ron/lokal/kus+theisbergstegen+pannonian&hl=en&gl=uk&ct=clnk&cd=1
Es shreibt:
"Offenbar von Erfolg gekrönt waren die Bohrungen eines US-amerikanischen Investoren-Konsortiums, das am Hang des Potzbergs bei Theisbergstegen nach Ergasvorkommen suchte. Die Auswertungen ergaben, dass sich in einer Tiefe von 1623 Meteren ergiebige Erdgasblasen befinden."
Meine Ubersetzung in Englisch ist:
"a US Consortium has been "crowned" with success after drilling for Gas on the slopes of the Potzbergs by Theisbergstegen.
The evaluations resulted in a productive natural gas find at a depth of 1623m."
Ist das Eine Richtige Ubersetzung? Wird Jemand registriert bei die http://www.rheinpfalz.de/ Zeitung. Es gibt dabei Eine ganz lange Artikel, aber Mann musst Regestriert Wuerden.
Ich hab' eine Artikel in Google gefunden, um die Folgende Addresse:
http://66.249.93.104/search?q=cache:VlGOUdN4j5wJ:rheinpfalz.de/perl/cms/cms.pl%3Fcmd%3DshowList%26cache%3D1%26tpl%3DronList.html%26path%3D/ron/lokal/kus+theisbergstegen+pannonian&hl=en&gl=uk&ct=clnk&cd=1
Es shreibt:
"Offenbar von Erfolg gekrönt waren die Bohrungen eines US-amerikanischen Investoren-Konsortiums, das am Hang des Potzbergs bei Theisbergstegen nach Ergasvorkommen suchte. Die Auswertungen ergaben, dass sich in einer Tiefe von 1623 Meteren ergiebige Erdgasblasen befinden."
Meine Ubersetzung in Englisch ist:
"a US Consortium has been "crowned" with success after drilling for Gas on the slopes of the Potzbergs by Theisbergstegen.
The evaluations resulted in a productive natural gas find at a depth of 1623m."
Ist das Eine Richtige Ubersetzung? Wird Jemand registriert bei die http://www.rheinpfalz.de/ Zeitung. Es gibt dabei Eine ganz lange Artikel, aber Mann musst Regestriert Wuerden.
War wohl nix mit der Bohrung in good old Germany
July 28, 2006
Galaxy Energy Announces that the Glantal-1 Well in Germany is Not Productive
Denver, Colo. – July 28, 2006 - Galaxy Energy Corporation (Amex: GAX) announced today that the testing of the four primary zones of interest in the Glantal-1 well in Germany has been completed and that no significant natural gas flows were encountered. Operations are underway to plug and abandon the wellbore.
The Neues Bergland permit is located close to Frankfurt, Germany, and contains the Pfalzer Anticline which is a 515 square kilometre structure containing deep, high rank coal beds. The project mapping has always shown substantial compartmentalization of possible reservoirs over the anticlinal structure and the geological information obtained from the Glantal-1 well will be utilized to guide further planned exploration efforts, including a specific seismic program covering selected portions of the Neues Bergland Exploration Permit within which this well is located, to determine potential additional drilling locations.
Galaxy Energy, through its wholly-owned subsidiary, Pannonian International, holds a 30% working interest in the Glantal-1 well and the Neues Bergland permit.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and production company, is focusing on acquiring and developing coalbed methane in the Powder River Basin of Wyoming and other unconventional natural gas properties in the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. The Company conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward-looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the Company's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com/ or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA Public Relations at (303) 665-4200, Tina Cameron, Renmark Financial Communications at (514) 939-3989 or Kathleen Heaney (203) 803-3585 of Integrated Corporate Relations.
July 28, 2006
Galaxy Energy Announces that the Glantal-1 Well in Germany is Not Productive
Denver, Colo. – July 28, 2006 - Galaxy Energy Corporation (Amex: GAX) announced today that the testing of the four primary zones of interest in the Glantal-1 well in Germany has been completed and that no significant natural gas flows were encountered. Operations are underway to plug and abandon the wellbore.
The Neues Bergland permit is located close to Frankfurt, Germany, and contains the Pfalzer Anticline which is a 515 square kilometre structure containing deep, high rank coal beds. The project mapping has always shown substantial compartmentalization of possible reservoirs over the anticlinal structure and the geological information obtained from the Glantal-1 well will be utilized to guide further planned exploration efforts, including a specific seismic program covering selected portions of the Neues Bergland Exploration Permit within which this well is located, to determine potential additional drilling locations.
Galaxy Energy, through its wholly-owned subsidiary, Pannonian International, holds a 30% working interest in the Glantal-1 well and the Neues Bergland permit.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and production company, is focusing on acquiring and developing coalbed methane in the Powder River Basin of Wyoming and other unconventional natural gas properties in the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. The Company conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward-looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the Company's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com/ or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA Public Relations at (303) 665-4200, Tina Cameron, Renmark Financial Communications at (514) 939-3989 or Kathleen Heaney (203) 803-3585 of Integrated Corporate Relations.
August 1, 2006
Galaxy Energy Announces Letter of Intent to Sell its Piceance Basin Properties for $50 Million
Galaxy Energy Announces Letter of Intent to Sell its Piceance Basin Properties for $50 Million
Denver, Colo. – August 1, 2006 - Galaxy Energy Corporation (Amex: GAX) has entered into a non-binding letter of intent with Exxel Energy Corp. (TSXV Symbol: EXX) to purchase Galaxy’s interest in its unconventional natural gas properties in the Piceance Basin of Colorado.
The agreement would provide for Exxel's wholly-owned subsidiary, Exxel Energy USA Inc., to pay $50 million (US) to acquire Galaxy’s undivided 25% working interest in the Garfield County, Colorado, project known as Rifle Creek. Exxel USA owns the other 75% working interest in Rifle Creek. The project currently consists of a total of approximately 6,000 net acres, including three producing wells.
The parties have committed to negotiate the agreement over the next several weeks, and the agreement is subject to Exxel’s obtaining financing, approval by Galaxy’s senior lenders, and other terms and conditions.
Galaxy has obtained a preliminary agreement from certain related parties to provide bridge financing to support the company’s operations during the period required to negotiate and close the agreement with Exxel.
Galaxy Energy Announces Letter of Intent to Sell its Piceance Basin Properties for $50 Million
Galaxy Energy Announces Letter of Intent to Sell its Piceance Basin Properties for $50 Million
Denver, Colo. – August 1, 2006 - Galaxy Energy Corporation (Amex: GAX) has entered into a non-binding letter of intent with Exxel Energy Corp. (TSXV Symbol: EXX) to purchase Galaxy’s interest in its unconventional natural gas properties in the Piceance Basin of Colorado.
The agreement would provide for Exxel's wholly-owned subsidiary, Exxel Energy USA Inc., to pay $50 million (US) to acquire Galaxy’s undivided 25% working interest in the Garfield County, Colorado, project known as Rifle Creek. Exxel USA owns the other 75% working interest in Rifle Creek. The project currently consists of a total of approximately 6,000 net acres, including three producing wells.
The parties have committed to negotiate the agreement over the next several weeks, and the agreement is subject to Exxel’s obtaining financing, approval by Galaxy’s senior lenders, and other terms and conditions.
Galaxy has obtained a preliminary agreement from certain related parties to provide bridge financing to support the company’s operations during the period required to negotiate and close the agreement with Exxel.
was ist da los?
das frage ich mich gerade auch wo ich mir eine Watchlist so anschaue ... und nur GALAXY fett grün ist ....
Ein Kredithai, der mit Aktien bezahlt wurde hat wahrscheinlich seine letzten Anteile auf den Markt geworfen. Mit den 50 mio $ dürfte sich GAX saniert haben und hat wieder eine gesunde Bilanz.
Schade dass sie dazu ein vielversprechendes Asset verkaufen mußten. Aber so war es ein netter Deal, bei dem sie für wenig Geld eingetsiegen und für 50 mio verkauft haben.
Schade dass sie dazu ein vielversprechendes Asset verkaufen mußten. Aber so war es ein netter Deal, bei dem sie für wenig Geld eingetsiegen und für 50 mio verkauft haben.
Gestern +14%
Heute -14%
Gibt Leute, die meinen dass der Kreditgeber(sollte zu letzt 2 mio Stück gehabt haben) noch immer Aktien auf den Markt wirft, um so sein Geld zurück zubekommen. Bin gespannt wie lange es noch dauern wird.
Heute -14%
Gibt Leute, die meinen dass der Kreditgeber(sollte zu letzt 2 mio Stück gehabt haben) noch immer Aktien auf den Markt wirft, um so sein Geld zurück zubekommen. Bin gespannt wie lange es noch dauern wird.
Antwort auf Beitrag Nr.: 23.571.724 von texas2 am 23.08.06 07:35:03Käufer hat jetzt auf 40 mio $ runter gehandelt (letter of intent)
13:00 24Oct2006 PRN-PetroHunter Energy Corporation Announces Signing Letter of Intent With Galaxy Energy... <PHUN.OB>
PetroHunter Energy Corporation Announces Signing Letter of Intent With Galaxy
Energy Corporation Related to the Purchase of Oil and Gas Properties in the
Powder River Basin
DENVER, Oct. 24 /PRNewswire-FirstCall/ -- PetroHunter Energy Corporation
("PetroHunter" or the "Company") (OTC Bulletin Board: PHUN) has signed a non-
binding letter of intent with Galaxy Energy Corporation ("Galaxy") and Dolphin
Energy Corporation ("Dolphin") under which the parties agree to negotiate and
attempt to reach final agreement for the purchase of all of Galaxy's and
Dolphin's oil and gas interests in the Powder River Basin of Wyoming and
Montana. Dolphin is a wholly-owned subsidiary of Galaxy (Amex: GAX).
Dolphin owns an average 86% working interest in 197 oil and gas wells in
the Powder River Basin. Twenty-two wells are currently selling gas at an
average rate of 850,000 cubic feet a day. The remaining wells are in various
stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Under the letter of intent, signed on October 23, 2006, PetroHunter has
stated its intention to pay $45 million (US) to acquire Dolphin's interest,
with $20 million to be paid in cash and $25 million to be paid in PetroHunter
common stock. The parties have committed to negotiate and attempt to enter
into a Purchase and Sale Agreement ("PSA") within the next thirty days. The
PSA will be subject to PetroHunter obtaining financing on terms acceptable to
PetroHunter, approval by Galaxy's senior lenders, and various other terms and
conditions.
About PetroHunter Energy Corporation
PetroHunter, through the operations of its wholly owned subsidiary, GSL,
is a global oil and gas exploration and production company with primary assets
consisting of an undivided 50% working interest in various oil and gas leases
and related interests in oil and natural gas prospects, including
approximately 250,000 net mineral acres in Colorado, Utah and Montana, and
7,000,000 net mineral acres in Australia. PetroHunter and MAB Resources LLC
("MAB") are parties to an agreement under which PetroHunter has the right to
acquire an undivided 50% working interest in oil and gas properties acquired
by MAB, and, among other matters, PetroHunter must pay all acquisition and
operating costs up to a specified amount. Under the MAB/PetroHunter
agreement, MAB retains a 3% overriding royalty interest on PetroHunter's 50%
undivided interest in the properties. Each of the properties described above
is subject to that agreement, with MAB being carried by PetroHunter for the
first $25 million to $50 million of acquisition and operating costs that MAB
would otherwise incur for that project.
Contacts:
PetroHunter Energy Corporation
Corporate Address
1875 Lawrence Street, Suite 1400
Denver Colorado 80202 USA
Phone 303 572 8900, Fax 303 572 8927
Kelly H. Nelson Chairman and CEO
(801) 363-8303
Garry Lavold President and COO
(303) 572-8900
Michael K. Lam Corporate Development, North America
(416) 303-8810
Alexander Hubbard-Ford Corporate Development, Europe
+44 (0) 79 8448 1541
Brad Long Investor Relations
360-332-4013
866-795-3436
Investor Relations Contacts:
United States CTA Public Relations
Bevo Beaven
Vice President/General Manager
(303) 665-4200
United Kingdom 4C-Burvale
Carina Corbett/John Carrick Smith
+44 (0) 20 7907 4761/0
Forward Looking Statements
Except for statements of historical fact, the information presented herein
constitutes forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include
general economic and business conditions, the ability to acquire and develop
specific projects, the ability to fund operations and other factors over which
PetroHunter Energy Corporation, or any of its divisions and subsidiaries, has
little or no control. The Company undertakes no obligation to publicly update
these forward-looking statements or to reflect events or circumstances that
occur after the date hereof or to reflect any change in the Company's
expectations with regard to these forward-looking statements or the occurrence
of unanticipated events. Factors that may impact the Company's success may be
more fully disclosed in the Company's most recent filings with the U.S.
Securities and Exchange Commission.
SOURCE PetroHunter Energy Corporation
Investor Relations, United States, Bevo Beaven, Vice President/General Manager
of CTA Public Relations, +1-303-665-4200, or United Kingdom, Carina Corbett,
+44 (0) 20 7907 4761, or John Carrick Smith, +44 (0) 20 7907 4760, both of
4C-Burvale, all for PetroHunter Energy Corporation
For Related News, Double Click on one of these codes:
[PRN] [BACT] [CRU] [ENQ] [FIN] [MRG] [NEWR] [PROD] [LEN] [PHUN.OB]
For Relevant Price Information, Double Click on one of these codes:
<PHUN.OB>
Tuesday, 24 October 2006 13:00:47PRN [nPnLATU071] {EN}ENDS
PetroHunter Energy Corporation Announces Signing Letter of Intent With Galaxy
Energy Corporation Related to the Purchase of Oil and Gas Properties in the
Powder River Basin
DENVER, Oct. 24 /PRNewswire-FirstCall/ -- PetroHunter Energy Corporation
("PetroHunter" or the "Company") (OTC Bulletin Board: PHUN) has signed a non-
binding letter of intent with Galaxy Energy Corporation ("Galaxy") and Dolphin
Energy Corporation ("Dolphin") under which the parties agree to negotiate and
attempt to reach final agreement for the purchase of all of Galaxy's and
Dolphin's oil and gas interests in the Powder River Basin of Wyoming and
Montana. Dolphin is a wholly-owned subsidiary of Galaxy (Amex: GAX).
Dolphin owns an average 86% working interest in 197 oil and gas wells in
the Powder River Basin. Twenty-two wells are currently selling gas at an
average rate of 850,000 cubic feet a day. The remaining wells are in various
stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Under the letter of intent, signed on October 23, 2006, PetroHunter has
stated its intention to pay $45 million (US) to acquire Dolphin's interest,
with $20 million to be paid in cash and $25 million to be paid in PetroHunter
common stock. The parties have committed to negotiate and attempt to enter
into a Purchase and Sale Agreement ("PSA") within the next thirty days. The
PSA will be subject to PetroHunter obtaining financing on terms acceptable to
PetroHunter, approval by Galaxy's senior lenders, and various other terms and
conditions.
About PetroHunter Energy Corporation
PetroHunter, through the operations of its wholly owned subsidiary, GSL,
is a global oil and gas exploration and production company with primary assets
consisting of an undivided 50% working interest in various oil and gas leases
and related interests in oil and natural gas prospects, including
approximately 250,000 net mineral acres in Colorado, Utah and Montana, and
7,000,000 net mineral acres in Australia. PetroHunter and MAB Resources LLC
("MAB") are parties to an agreement under which PetroHunter has the right to
acquire an undivided 50% working interest in oil and gas properties acquired
by MAB, and, among other matters, PetroHunter must pay all acquisition and
operating costs up to a specified amount. Under the MAB/PetroHunter
agreement, MAB retains a 3% overriding royalty interest on PetroHunter's 50%
undivided interest in the properties. Each of the properties described above
is subject to that agreement, with MAB being carried by PetroHunter for the
first $25 million to $50 million of acquisition and operating costs that MAB
would otherwise incur for that project.
Contacts:
PetroHunter Energy Corporation
Corporate Address
1875 Lawrence Street, Suite 1400
Denver Colorado 80202 USA
Phone 303 572 8900, Fax 303 572 8927
Kelly H. Nelson Chairman and CEO
(801) 363-8303
Garry Lavold President and COO
(303) 572-8900
Michael K. Lam Corporate Development, North America
(416) 303-8810
Alexander Hubbard-Ford Corporate Development, Europe
+44 (0) 79 8448 1541
Brad Long Investor Relations
360-332-4013
866-795-3436
Investor Relations Contacts:
United States CTA Public Relations
Bevo Beaven
Vice President/General Manager
(303) 665-4200
United Kingdom 4C-Burvale
Carina Corbett/John Carrick Smith
+44 (0) 20 7907 4761/0
Forward Looking Statements
Except for statements of historical fact, the information presented herein
constitutes forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include
general economic and business conditions, the ability to acquire and develop
specific projects, the ability to fund operations and other factors over which
PetroHunter Energy Corporation, or any of its divisions and subsidiaries, has
little or no control. The Company undertakes no obligation to publicly update
these forward-looking statements or to reflect events or circumstances that
occur after the date hereof or to reflect any change in the Company's
expectations with regard to these forward-looking statements or the occurrence
of unanticipated events. Factors that may impact the Company's success may be
more fully disclosed in the Company's most recent filings with the U.S.
Securities and Exchange Commission.
SOURCE PetroHunter Energy Corporation
Investor Relations, United States, Bevo Beaven, Vice President/General Manager
of CTA Public Relations, +1-303-665-4200, or United Kingdom, Carina Corbett,
+44 (0) 20 7907 4761, or John Carrick Smith, +44 (0) 20 7907 4760, both of
4C-Burvale, all for PetroHunter Energy Corporation
For Related News, Double Click on one of these codes:
[PRN] [BACT] [CRU] [ENQ] [FIN] [MRG] [NEWR] [PROD] [LEN] [PHUN.OB]
For Relevant Price Information, Double Click on one of these codes:
<PHUN.OB>
Tuesday, 24 October 2006 13:00:47PRN [nPnLATU071] {EN}ENDS
13:00 24Oct2006 PRN-Galaxy Energy Signs Letter of Intent to Sell Powder River Assets for $45 Million... <PHUN.OB>
Galaxy Energy Signs Letter of Intent to Sell Powder River Assets for $45
Million and Opts Not to Move Ahead with Plan to Sell Piceance Basin Assets to
Exxel Energy
PetroHunter Energy Corporation Signs Letter of Intent to Purchase All of
Galaxy's Powder River Basin Assets, Galaxy to Retain Its Piceance Basin Assets
DENVER, Oct. 24 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation
(Amex: GAX) and its wholly owned subsidiary Dolphin Energy Corporation have
signed a non-binding letter of intent with PetroHunter Energy Corporation
(OTC Bulletin Board: PHUN) under which the parties agree to negotiate and
attempt to reach final agreement for the purchase of all of Galaxy's and
Dolphin's oil and gas interests in the Powder River Basin of Wyoming and
Montana.
Under the letter of intent, signed on October 23, 2006, PetroHunter has
stated its intention to pay $45 million to acquire Dolphin's interest, with
$20 million to be paid in cash and $25 million to be paid in PetroHunter
common stock. The parties have committed to negotiate and attempt to enter
into a Purchase and Sale Agreement ("PSA") within the next thirty days. The
PSA will be subject to PetroHunter obtaining financing on terms acceptable to
PetroHunter, approval by Galaxy's senior lenders, and various other terms and
conditions.
Dolphin owns an average 86% working interest in 197 oil and gas wells in
the Powder River Basin. Twenty-two wells are currently selling gas at an
average rate of 850,000 cubic feet a day. The remaining wells are in various
stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Galaxy Energy has determined not to proceed with a Purchase and Sale
Agreement for the sale of Galaxy's interest in its unconventional natural gas
properties in the Piceance Basin of Colorado with Exxel Energy Corporation's
wholly owned subsidiary, Exxel Energy (USA) Inc. Galaxy intends to retain
ownership of its Piceance Basin interests at this time.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and
production company, is focusing on acquiring and developing coalbed methane in
the Powder River Basin of Wyoming and other unconventional natural gas
properties in the Piceance Basin of Colorado, in addition to exploration
activities in Germany and Romania. The Company conducts its exploration
activities through two wholly owned subsidiaries, Dolphin Energy Corporation
and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward looking statements regarding the
intent, belief or current expectations of the Company and its management.
Prospective investors are cautioned that any such forward looking statements
are not guarantees of future performance and involve a number of risks and
uncertainties, and actual results could differ materially from those indicated
by such forward looking statements. The Company assumes no obligation to
update the information contained in this press release, whether as a result of
new information, future events or otherwise. Please refer to the Company's
filings with the United States Securities and Exchange Commission for
discussions of risks and uncertainties found in Forms 10-K (annual report),
10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web
site, http://www.galaxyenergy.com/ or by calling Brad Long, Investor
Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA
Integrated Communications at (303) 665-4200, Tina Cameron, Renmark Financial
Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations for Galaxy Energy, +1-800-574-4294 or
+1-360-945-0395; or Bevo Beaven or Warren Laird of CTA Integrated
Communications, +1-303-665-4200; or Tina Cameron of Renmark Financial
Communications, +1-514-939-3989
For Related News, Double Click on one of these codes:
[PRN] [BACT] [CRU] [ENQ] [FIN] [MRG] [NEWR] [PROD] [LEN] [PHUN.OB]
For Relevant Price Information, Double Click on one of these codes:
<PHUN.OB>
Tuesday, 24 October 2006 13:00:50PRN [nPnLATU072] {EN}ENDS
Galaxy Energy Signs Letter of Intent to Sell Powder River Assets for $45
Million and Opts Not to Move Ahead with Plan to Sell Piceance Basin Assets to
Exxel Energy
PetroHunter Energy Corporation Signs Letter of Intent to Purchase All of
Galaxy's Powder River Basin Assets, Galaxy to Retain Its Piceance Basin Assets
DENVER, Oct. 24 /PRNewswire-FirstCall/ -- Galaxy Energy Corporation
(Amex: GAX) and its wholly owned subsidiary Dolphin Energy Corporation have
signed a non-binding letter of intent with PetroHunter Energy Corporation
(OTC Bulletin Board: PHUN) under which the parties agree to negotiate and
attempt to reach final agreement for the purchase of all of Galaxy's and
Dolphin's oil and gas interests in the Powder River Basin of Wyoming and
Montana.
Under the letter of intent, signed on October 23, 2006, PetroHunter has
stated its intention to pay $45 million to acquire Dolphin's interest, with
$20 million to be paid in cash and $25 million to be paid in PetroHunter
common stock. The parties have committed to negotiate and attempt to enter
into a Purchase and Sale Agreement ("PSA") within the next thirty days. The
PSA will be subject to PetroHunter obtaining financing on terms acceptable to
PetroHunter, approval by Galaxy's senior lenders, and various other terms and
conditions.
Dolphin owns an average 86% working interest in 197 oil and gas wells in
the Powder River Basin. Twenty-two wells are currently selling gas at an
average rate of 850,000 cubic feet a day. The remaining wells are in various
stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Galaxy Energy has determined not to proceed with a Purchase and Sale
Agreement for the sale of Galaxy's interest in its unconventional natural gas
properties in the Piceance Basin of Colorado with Exxel Energy Corporation's
wholly owned subsidiary, Exxel Energy (USA) Inc. Galaxy intends to retain
ownership of its Piceance Basin interests at this time.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and
production company, is focusing on acquiring and developing coalbed methane in
the Powder River Basin of Wyoming and other unconventional natural gas
properties in the Piceance Basin of Colorado, in addition to exploration
activities in Germany and Romania. The Company conducts its exploration
activities through two wholly owned subsidiaries, Dolphin Energy Corporation
and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward looking statements regarding the
intent, belief or current expectations of the Company and its management.
Prospective investors are cautioned that any such forward looking statements
are not guarantees of future performance and involve a number of risks and
uncertainties, and actual results could differ materially from those indicated
by such forward looking statements. The Company assumes no obligation to
update the information contained in this press release, whether as a result of
new information, future events or otherwise. Please refer to the Company's
filings with the United States Securities and Exchange Commission for
discussions of risks and uncertainties found in Forms 10-K (annual report),
10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web
site, http://www.galaxyenergy.com/ or by calling Brad Long, Investor
Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA
Integrated Communications at (303) 665-4200, Tina Cameron, Renmark Financial
Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations for Galaxy Energy, +1-800-574-4294 or
+1-360-945-0395; or Bevo Beaven or Warren Laird of CTA Integrated
Communications, +1-303-665-4200; or Tina Cameron of Renmark Financial
Communications, +1-514-939-3989
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Tuesday, 24 October 2006 13:00:50PRN [nPnLATU072] {EN}ENDS
Galaxy Energy Signs Letter of Intent to Sell Powder River Assets for $45 Million and Opts Not to Move Ahead with Plan to Sell Piceance Basin Assets to Exxel Energy
TUESDAY, OCTOBER 24, 2006 7:00 AM
DENVER, Oct 24, 2006 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation (GAX) and its wholly owned subsidiary Dolphin Energy Corporation have signed a non-binding letter of intent with PetroHunter Energy Corporation (PHUN) under which the parties agree to negotiate and attempt to reach final agreement for the purchase of all of Galaxy's and Dolphin's oil and gas interests in the Powder River Basin of Wyoming and Montana.
Under the letter of intent, signed on October 23, 2006, PetroHunter has stated its intention to pay $45 million to acquire Dolphin's interest, with $20 million to be paid in cash and $25 million to be paid in PetroHunter common stock. The parties have committed to negotiate and attempt to enter into a Purchase and Sale Agreement ("PSA") within the next thirty days. The PSA will be subject to PetroHunter obtaining financing on terms acceptable to PetroHunter, approval by Galaxy's senior lenders, and various other terms and conditions.
Dolphin owns an average 86% working interest in 197 oil and gas wells in the Powder River Basin. Twenty-two wells are currently selling gas at an average rate of 850,000 cubic feet a day. The remaining wells are in various stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Galaxy Energy has determined not to proceed with a Purchase and Sale Agreement for the sale of Galaxy's interest in its unconventional natural gas properties in the Piceance Basin of Colorado with Exxel Energy Corporation's wholly owned subsidiary, Exxel Energy (USA) Inc. Galaxy intends to retain ownership of its Piceance Basin interests at this time.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and production company, is focusing on acquiring and developing coalbed methane in the Powder River Basin of Wyoming and other unconventional natural gas properties in the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. The Company conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the Company's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com/" target="_blank" rel="nofollow ugc noopener">http://www.galaxyenergy.com/ or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA Integrated Communications at (303) 665-4200, Tina Cameron, Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations for Galaxy Energy, +1-800-574-4294 or +1-360-945-0395;
or Bevo Beaven or Warren Laird of CTA Integrated Communications, +1-303-665-4200; or
Tina Cameron of Renmark Financial Communications, +1-514-939-3989
http://www.galaxyenergy.com
Copyright (C) 2006 PR Newswire. All rights reserved
TUESDAY, OCTOBER 24, 2006 7:00 AM
DENVER, Oct 24, 2006 /PRNewswire-FirstCall via COMTEX/ -- Galaxy Energy Corporation (GAX) and its wholly owned subsidiary Dolphin Energy Corporation have signed a non-binding letter of intent with PetroHunter Energy Corporation (PHUN) under which the parties agree to negotiate and attempt to reach final agreement for the purchase of all of Galaxy's and Dolphin's oil and gas interests in the Powder River Basin of Wyoming and Montana.
Under the letter of intent, signed on October 23, 2006, PetroHunter has stated its intention to pay $45 million to acquire Dolphin's interest, with $20 million to be paid in cash and $25 million to be paid in PetroHunter common stock. The parties have committed to negotiate and attempt to enter into a Purchase and Sale Agreement ("PSA") within the next thirty days. The PSA will be subject to PetroHunter obtaining financing on terms acceptable to PetroHunter, approval by Galaxy's senior lenders, and various other terms and conditions.
Dolphin owns an average 86% working interest in 197 oil and gas wells in the Powder River Basin. Twenty-two wells are currently selling gas at an average rate of 850,000 cubic feet a day. The remaining wells are in various stages of dewatering, shut-in waiting on pipeline, or waiting to be completed.
Galaxy Energy has determined not to proceed with a Purchase and Sale Agreement for the sale of Galaxy's interest in its unconventional natural gas properties in the Piceance Basin of Colorado with Exxel Energy Corporation's wholly owned subsidiary, Exxel Energy (USA) Inc. Galaxy intends to retain ownership of its Piceance Basin interests at this time.
About Galaxy Energy
Galaxy Energy Corporation, a development stage oil and gas exploration and production company, is focusing on acquiring and developing coalbed methane in the Powder River Basin of Wyoming and other unconventional natural gas properties in the Piceance Basin of Colorado, in addition to exploration activities in Germany and Romania. The Company conducts its exploration activities through two wholly owned subsidiaries, Dolphin Energy Corporation and Pannonian International, Ltd.
Forward Looking Statement
This press release consists of forward looking statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. Please refer to the Company's filings with the United States Securities and Exchange Commission for discussions of risks and uncertainties found in Forms 10-K (annual report), 10-Q (quarterly report) and other filings.
Additional information may be found at the Galaxy Energy Corporation Web site, http://www.galaxyenergy.com/" target="_blank" rel="nofollow ugc noopener">http://www.galaxyenergy.com/ or by calling Brad Long, Investor Relations/Galaxy Energy at (800) 574-4294, Bevo Beaven or Warren Laird of CTA Integrated Communications at (303) 665-4200, Tina Cameron, Renmark Financial Communications at (514) 939-3989.
SOURCE Galaxy Energy Corporation
Brad Long, Investor Relations for Galaxy Energy, +1-800-574-4294 or +1-360-945-0395;
or Bevo Beaven or Warren Laird of CTA Integrated Communications, +1-303-665-4200; or
Tina Cameron of Renmark Financial Communications, +1-514-939-3989
http://www.galaxyenergy.com
Copyright (C) 2006 PR Newswire. All rights reserved
Damit würde Vater Bruner vom Sohn Bruner das Asset kaufen.
hmm immer diese vetternwirtschaft
aber eigentlich sollte das dem kurs doch mal wieder guttun oder?
aber eigentlich sollte das dem kurs doch mal wieder guttun oder?
Hmmmmm?!
in can sagen leute man soll sich den wert man anschauen
hmm
hmm
sooo niedrig das ding
reizt mich ja schon irgendwie..
reizt mich ja schon irgendwie..
tjcc
schwer zu sagen wie es weitergeht - wahrscheinlich weiß es nur Vater Bruner und Bruner Sohn vielleicht.
schwer zu sagen wie es weitergeht - wahrscheinlich weiß es nur Vater Bruner und Bruner Sohn vielleicht.
ich denke bis anfang nächsten monats wissen wer mehr!!
dann wird man sehen wies mit petrohunter und galaxy weitergeht.
ein guter deal würde wohl beiden zu einem kleinen aufschwung helfen.
nötig wärs ja
dann wird man sehen wies mit petrohunter und galaxy weitergeht.
ein guter deal würde wohl beiden zu einem kleinen aufschwung helfen.
nötig wärs ja
Antwort auf Beitrag Nr.: 28.120.937 von Petrohunter am 05.03.07 10:39:53ein großer aufschwung ende april wäre noch besser
... und Ende Mai sehen wir das gleiche Spiel und System wieder?!
Float
(Millions)71.168
Short
Interest 34,059.000
fast die hälfte aller aktien sind short?
seh ich das richtig?
quelle bloomberg
das heisst eine gute news und wir stehn bei 50 cent oder wie?
grüße
(Millions)71.168
Short
Interest 34,059.000
fast die hälfte aller aktien sind short?
seh ich das richtig?
quelle bloomberg
das heisst eine gute news und wir stehn bei 50 cent oder wie?
grüße
Antwort auf Beitrag Nr.: 29.476.384 von tjcc281086 am 26.05.07 14:10:23Auch wenn Hr. Bruner in der Vergangenheit mit von ihm gegründeten Ölfirmen stinkreich geworden ist, fallen zur Zeit alle Aktien, wo Bruner drauf steht: Galaxy, PetroHunter, Falcon Oil&Gas.
Hat den alten reichen Mann das Glück verlassen?
Hat den alten reichen Mann das Glück verlassen?
Als Weihnachtsgeschenk: GAX wird einen Dollar wert sein,na ist das nichts?
"To the Shareholders of Galaxy Energy Corporation:
A special meeting of shareholders of Galaxy Energy Corporation, a Colorado corporation (the “Company”), will be held on Friday, December 14, 2007, at 10:00 a.m., local time, at 1331 – 17th Street, Suite 1050, Denver, Colorado, for the following purposes:
1. To consider and vote upon a proposal to approve a reverse split of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”), at a ratio of 20-to-1 (the “Reverse Stock Split”) whereby any block of 20 shares of Common Stock held by a shareholder will be converted into one share of Common Stock and fractional shares will be rounded up to the nearest whole share in lieu of issuing fractional shares created by the Reverse Stock Split;
2. To consider and vote upon a proposal to approve the issuance of shares of Common Stock upon conversion of the Company’s subordinated notes payable (the “Subordinated Debts”), in lieu of cash payments of the principal and interest on such Subordinated Debts, to the extent that such issuance requires shareholder approval under the rules of the American Stock Exchange; and
3. To transact such other business as may properly come before the meeting or any adjournment thereof."
und so wirds auch bei FO passieren,denken manche.
"To the Shareholders of Galaxy Energy Corporation:
A special meeting of shareholders of Galaxy Energy Corporation, a Colorado corporation (the “Company”), will be held on Friday, December 14, 2007, at 10:00 a.m., local time, at 1331 – 17th Street, Suite 1050, Denver, Colorado, for the following purposes:
1. To consider and vote upon a proposal to approve a reverse split of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”), at a ratio of 20-to-1 (the “Reverse Stock Split”) whereby any block of 20 shares of Common Stock held by a shareholder will be converted into one share of Common Stock and fractional shares will be rounded up to the nearest whole share in lieu of issuing fractional shares created by the Reverse Stock Split;
2. To consider and vote upon a proposal to approve the issuance of shares of Common Stock upon conversion of the Company’s subordinated notes payable (the “Subordinated Debts”), in lieu of cash payments of the principal and interest on such Subordinated Debts, to the extent that such issuance requires shareholder approval under the rules of the American Stock Exchange; and
3. To transact such other business as may properly come before the meeting or any adjournment thereof."
und so wirds auch bei FO passieren,denken manche.
wow
heute um + 75% gestiegen
heute um + 75% gestiegen
Antwort auf Beitrag Nr.: 33.375.457 von texas2 am 14.02.08 23:07:02pleite?!
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