Activa Resources AG: fourth horizontal well at OSR-Halliday is best in field to date
- Initial production rates at 4th OSR-Halliday well exceed 700 BOED - Further production increase possible - 5th OSR-Halliday well drilling ahead at approx. 9,000 feet
Bad Homburg, 18th April 2013. Activa Resources AG, an independent oil and gas company with operational knowhow in the development and [...]
Activa Resources AG disposes of non-core Texas asset
- Sale of CERF/Navarro County raises USD 575,134 - Activa focusses increasingly on main assets
Bad Homburg, 5th March 2013. Activa Resources AG, an independent oil and gas company with operational knowhow in the development and efficient exploitation of oil and natural gas properties announces the sale of its interest in the [...]
Activa Resources AG announces preliminary 2012 operating results and 2013 outlook
- 25% increase in oil and natural gas production revenues to approx. EUR 4.9 million in 2012 - 60% increase in EBITDA to approx. EUR 1.5 million - 4th OSR-Halliday well to be fractured on March 18 - 5th OSR-Halliday well to spud in coming weeks - 2013 outlook: further growth in revenues, reserves and [...]
* Two new OSR-Halliday horizontals wells to be drilled back-to-back in 2012 * Three further wells planned in 2013
Bad Homburg, October 29th, 2012. Activa Resources AG, an independent oil and gas company with operational knowhow in the development and efficient exploitation of oil and natural gas properties, reports an acceleration of its [...]
Activa Resources AG reports on the first half of 2012
- 64% increase in production revenues to EUR 2.41 million - 692% increase in EBITDA to EUR 1.03 million - Successful third horizontal well at OSR - Preparing for stronger growth going into 2013
Bad Homburg, September 25th, 2012. Activa Resources AG, an independent oil and gas company with operational knowhow in the development and [...]
Bad Homburg, 3rd August 2012. Activa Resources AG, an independent oil and gas company with operational knowhow in the development and efficient exploitation of oil and natural gas properties, provides the following details of its 2012 Annual General Meeting, which took place on August 2nd in Bad Homburg.
- 3rd OSR-Halliday horizontal well goes on production at daily production rates of 340 BOE - The well result confirms additional Woodbine potential at OSR-Halliday - Confirmation of preliminary 2011 group financial performance - 2012 Q1 production revenues rise 110% y-o-y to USD 1.72 million
Bad Homburg, 25th June 2012. Activa Resources AG, an [...]