Storm Cat Energy Company News

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Storm Cat's Fayetteville Wells Purr Nicely for Production
Storm Cat's first three of the 2008 Fayetteville development program wells are now on production and tied into sales, two of which have undergone State of Arkansas Form 13 testing. Each well continues to produce high volumes of fracturing fluid.
8:00 PM EST | July 07, 2008
Storm Cat 2007 Proved Reserves Up 78%
At year-end 2007, Storm Cat had proved reserves of 44.5 billion cubic feet (Bcf), 78% higher than year-end 2006 reserves of 25.0 Bcf. Approximately 61% of the proved reserves, or 27.3 Bcf, were classified as proved developed.
7:00 PM EST | March 02, 2008
Storm Cat Closes $80 Million Credit Facility, Approves 2008 Capital Budget
The Credit Facility will be used, in conjunction with cash flow from operations, to fund the Company's 2008 Capital Expenditure budget of $38.2 million.
7:00 PM EST | December 27, 2007
Fayetteville Shale and Elk Valley Offer Good Gas Flow for Storm Cat
Storm Cat Chief Executive Officer, Joe Brooker, said, "The initial results from our Fayetteville wells meet our economic model...Elk Valley continues to show us its potential, and we are making strides toward fully evaluating the prospectivity...."
7:00 PM EST | December 19, 2007
Storm Cat Issues Ops Update, Posts Q2 Loss
Storm Cat Energy Corp. on Thursday provided an operations update and announced second quarter 2007 financial and operating results.
8:00 PM EST | August 09, 2007
South Texas Makes Two Additions to Executive Team
South Texas Oil Co. has expanded its executive team by adding two seasoned industry veterans: J. Scott Zimmerman, who will serve as President, and Bill Zeltwanger as Vice President.
8:00 PM EST | June 17, 2007
Storm Cat Okays $40M Capital Budget
Storm Cat Energy Corp.'s board has approved an initial 2007 capital budget totaling $40 million.
8:00 PM EST | April 18, 2007
Storm Cat Energy Reports Year-End 2006 Results
Storm Cat Energy says for the year ended December 31, 2006 the company reported oil and gas sales revenue of $9.4 million, a 124 percent increase over full-year 2005 sales.
8:00 PM EST | March 18, 2007
Storm Cat Energy Closes Private Placement
Storm Cat Energy has closed its private placement previously announced on September 19, 2006. The private placement consisted of the sale to a single investment group based in Ontario, Canada.
8:00 PM EST | September 27, 2006
Storm Cat Completes Powder River Basin Acquisition
Storm Cat Energy has successfully closed the purchase of approximately 25,200 gross acres (17,000 net acres) in the Powder River Basin for approximately U.S.$30.7 million in cash.
8:00 PM EST | August 29, 2006
Storm Cat to Acquire Powder River Basin Properties
Storm Cat Energy Corp. said that it has signed a definitive purchase and sale agreement with Bill Barrett Corp. to acquire approximately 25,200 gross acres in the Powder River Basin coalbed methane (CBM) play in Campbell County, Wyo.
8:00 PM EST | July 17, 2006
Storm Cat Energy Approved for Trading on Toronto Stock Exchange
Storm Cat Energy says that effective June 29, 2006, shares of its common stock will commence trading on the Toronto Stock Exchange under the symbol "SME."
8:00 PM EST | June 27, 2006
Storm Cat Energy to Acquire Arkansas Fayetteville Shale Leases
Storm Cat Energy has entered into a Purchase and Sale Agreement with a privately held company to purchase 100% right, title and interest in oil and gas leases in Van Buren, Searcy and Pope Counties, Arkansas.
7:00 PM EST | February 06, 2006
Storm Cat Energy Closes Private Placement
Storm Cat Energy has closed its private placement with a single investor and existing shareholder.
7:00 PM EST | December 04, 2005
Storm Cat Energy to Raise Additional Financing
Storm Cat Energy agrees to augment its recent U.S. private placement that closed on October 25, 2005 with a raise of an additional U.S. $5 million from a single investor and existing shareholder.
7:00 PM EST | November 21, 2005
Storm Cat Energy Closes $10.9 Million Private Placement
Storm Cat Energy has closed its private placement announced on October 20, 2005.
8:00 PM EST | October 25, 2005
Storm Cat Enters Private Placement Financing
Storm Cat Energy has entered into a private placement purchase agreement with Canadian and U.S. investors to sell by way of a private placement up to 10,000,000 common shares of the Company at a price of $ 2.15 per share.
8:00 PM EST | October 19, 2005
Storm Cat Energy Increases Production in Powder River Basin
Current Powder River daily production is approximately 4,000 cubic feet per day (Mcfd) of natural gas from its properties located in Campbell County, Wyoming. This marks a 15% increase over the previously announced daily production of 3,500 Mcfd.
8:00 PM EST | October 16, 2005
Storm Cat Energy Closes $10.5 Million Private Placement
Storm Cat Energy has closed its previously announced private placement financing.
8:00 PM EST | September 27, 2005
Baker Energy Wins Service Contract from Storm Cat Energy
Baker Energy has received a $1.2 million contract from Storm Cat Energy, to operate and maintain its coalbed methane gas producing properties in the Powder River Basin in Wyoming.
7:00 PM EST | March 27, 2005
Storm Cat Acquires Large Gas Play in Eastern Saskatchewan
Storm Cat Energy has entered into a Farm-In Agreement with Golden Eagle Energy on a large exploration permit in eastern Saskatchewan called Moose Mountain.
7:00 PM EST | February 21, 2005
Storm Cat Energy Acquires CBM Properties in Wyoming
Storm Cat Energy has entered into a definitive Purchase and Sale Agreement with Palo Petroleum to purchase all of Palo's right, title and interest in Palo's NE Spotted Horse Field, located on the eastern portion of the Powder River Basin.
7:00 PM EST | January 19, 2005
Storm Cat Energy Acquires Additional Alaskan Lands
Storm Cat Energy has acquired an additional Petroleum and Natural Gas lease in the Cook Inlet region of Alaska.
7:00 PM EST | January 09, 2005
Storm Cat Energy Acquires 2nd Exploration Block in Mongolia
Storm Cat Energy has entered into an "Exploration Contract" with the Petroleum Authority of Mongolia for the purpose of drilling for natural gas from coals within close proximity to the country's capital, Ulaanbaatar.
7:00 PM EST | December 13, 2004
Storm Cat Energy Acquires Alaskan Acreage in Lease Sale
Storm Cat Energy has acquired extensive Petroleum and Natural Gas leases in the Cook Inlet region of Alaska.
7:00 PM EST | November 17, 2004