Aspen Group Resources Company News

Recent Articles

Results 12 articles shown

Aspen Completes $3 Million Financing
Aspen Group Resources Corporation has raised $3.143 million through the issue of secured convertible debentures.
8:00 PM EST | July 08, 2007
Aspen Acquires Daly Field Assets
Aspen Group Resources Corporation has closed its previously announced purchase of the Daly Field oil and gas assets held by its Joint Venture partner Westchester Resources Inc.
7:00 PM EST | February 11, 2007
Aspen Group Closes Private Placement
Aspen Group Resources Corporation has closed its previously announced non-brokered private placement of 9,311,750 units at a price of $0.16 per unit for gross proceeds of $1,489,880.
7:00 PM EST | December 03, 2006
Aspen Updates Daly Field Drilling Program
Aspen Group Resources Corp. said Monday that six horizontal wells have been drilled and cased since April 2006 on the company's acreage in the Daly Field in Manitoba as part of a phased development program.
8:00 PM EST | July 30, 2006
Aspen Commences Drilling in Manitoba
Aspen Group Resources has begun drilling Phase II of the company's Manitoba development in the Daly field.
8:00 PM EST | April 12, 2006
Aspen Contracts Drilling Rig For Manitoba Development Program
Aspen Group Resources has contracted a drilling rig to be deployed on its leases in the Daly Field in Manitoba
7:00 PM EST | February 06, 2006
Aspen Group Reports Improved Third Quarter Results
For the three-month period ended September 30, 2005, Aspen reported revenues from continuing operations of $1.15 million compared to $893 thousand recorded in the same period last year.
7:00 PM EST | November 14, 2005
Aspen Group & Westchester Sign Multi-Well Drilling Deal
Aspen Group Resources and Westchester Resources announced that, through their joint venture arrangement, the companies have entered into a multi-well farm-in agreement with Oil for America, Inc. in North Dakota.
7:00 PM EST | November 18, 2004
Aspen Group & Westchester Sign Five-Year JV Agreement
Aspen Group Resources and Westchester Resources have expanded their current Joint Venture Agreement to explore and develop oil and gas properties in North America for a period of five-years.
7:00 PM EST | November 07, 2004
Aspen Group Completes Acquisition of Saskatchewan Acreage
Aspen Group Resources and Westchester Resources have now, through their Joint Venture, acquired for drilling a total of 82 contiguous sections (52,533 acres) of Crown leases in Saskatchewan at a gross cost of approximately Cdn.$1.5 million.
8:00 PM EST | August 12, 2004
Aspen Group Sells U.S. Assets
Aspen Group Resources Corporation has signed a binding Letter of Intent with Crusader Energy Corporation, an Oklahoma-based production and development company, to sell its U.S. oil and gas assets for approximately US$22 million cash.
8:00 PM EST | July 06, 2004
Aspen Group Reports 2004 First Quarter Results
Aspen Group Resources announced its financial results for the first quarter ended March 31, 2004.
8:00 PM EST | June 10, 2004