Activa Resources AG reports on its 2014 Annual General Meeting Bad Homburg, 11th July 2014. Attendance at the company's 2014 Annual General Meeting on 8th July 2014 in Bad Homburg was recorded at 37% (EUR 1.9 million) of the company's issued share capital. Activa's CEO Leigh A. Hooper provided shareholders with a detailed report on the company's successful business year 2013 and corporate developments during the current [...]
Activa Resources AG: positive outlook for 2014 as drilling programme at OSR-Halliday is accelerated - Activa's assumptions regarding the potential of the field confirmed - 7th horizontal well drilled to total depth - 8th and 9th horizontal wells to spud in July and in the Autumn respectively - Positive initial guidance for interim performance and outlook for 2014 Bad Homburg, 7th July 2014. Activa Resources AG, an [...]
Activa Resources AG reports best year in the company's history and strong new drilling result at OSR-Halliday - 2013 group revenues grow 9 % to EUR 5.3 million - EBITDA increases 31 % to EUR 2 million - Group net income of EUR 128k - Production rates at 6th OSR Halliday horizontal well exceed expectations - Drilling underway at 7th OSR-Halliday horizontal Bad Homburg, 27th May 2014. Activa Resources AG, an independent oil [...]
Activa Resources AG releases preliminary 2013 group earnings and project update for 2014 - 2013 group net income close to breakeven as expected - US subsidiary raises earnings 300% - Critical mass in terms of production and revenues reached - OSR Halliday: 6th horizontal well on production; 7th well to spud in Q2 - New wells at Pill Branch (Projekt X) and Halls Bayou in Q2 - Positive outlook for 2014 Bad Homburg, 31st [...]
Activa Resources AG reports on progress at OSR-Halliday and Adams Ranch - Drilling operations at 6th OSR-Halliday horizontal well are underway - Pre-drill preparation of 7th horizontal well in process - Adams Ranch: initial waterflood permit issued Bad Homburg, 4th February 2014 Activa Resources AG reports the following progress details on two of its oil projects in Texas. OSR-Halliday Activa has recently spudded its 6th [...]
Activa Resources AG: Successful exploratory well at new project - First vertical well successfully drilled and put on production - Activa planning further drilling to confirm potential of acreage Bad Homburg, 29th October 2013 Activa Resources AG has successfully drilled and put its first vertical well at a new US oil project on production. Project X is the working title of a new oil prospect, in which Activa owns a 100 [...]
Activa Resources AG reports on the first half of 2013 and confirms growth forecast for FY 2013 - Group production revenues of EUR 2.13 million (vs. EUR 2.41 million) - Group net income of EUR -0.78 million (vs. EUR -0.24 million) - Record monthly revenues of EUR 600,000 in July and August 2013 - FY 2013 outlook: Further growth in production revenues of approximately 15 % Bad Homburg, 27th September 2013 [...]
DGAP-News: Activa Resources AG / Key word(s): AGM/EGM Activa Resources AG reports on its 2013 Annual General Meeting 06.08.2013 / 11:29 NEWS RELEASE 6th AUGUST 2013 Activa Resources AG reports on its 2013 Annual General Meeting - All resolutions passed with 100% approval - 49.73 % of share capital represented Bad Homburg, 6th August 2013. Activa Resources AG held its 2013 Annual General Meeting in Bad Homburg, Germany [...]
Activa Resources AG: successful fifth horizontal well at OSR-Halliday goes on production
- 5th OSR-Halliday horizontal well on production at 600 BOED - Field development programme set to continue in coming months
Bad Homburg, 18th July 2013. Activa Resources AG, an independent oil and gas producer with operational knowhow in the development and efficient exploitation of oil and natural gas [...]
Activa Resources AG provides positive outlook for 2013
- 4th OSR-Halliday well now producing at up to 820 BOED
- Production start at 5th OSR-Halliday well imminent
- Additional financing secured through US bank at 3.75%
Bad Homburg, 3rd June 2013. The Management Board of Activa Resources AG, an independent oil and natural gas producer with operational knowhow in the development and [...]