Saxon Oil Co. Ltd. Company News

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Saxon to Participate in Tx. Gas Sand Development Project
Saxon has signed an agreement to participate in a gas sand development project in Live Oak County, Texas.
7:00 PM EST | January 17, 2011
Saxon Acquires 50% Interest in Eagle Ford Shale Play
Saxon has a closed a transaction to acquire a 50% interest in 4,666.12 acres in Zavala County, Texas, in the South Texas Eagle Ford Shale play.
8:00 PM EST | May 04, 2010
Saxon Oil Commences Drilling on Kansas Well
Saxon Oil has commenced drilling on the Tilley Painter No. 1-27 well in Stanton County, Kansas.
8:00 PM EST | April 21, 2010
Saxon Oil Welcomes New President
Saxon Oil announced Ted Wooten as the new President of Saxon, effective immediately.
8:00 PM EST | April 18, 2010
Saxon Clinches Funds to Further Develop O&G Projects' Potential
Saxon Oil Company announced a non-brokered private placement, which will provide the Company with sufficient capital to further develop the potential of its international and domestic oil and gas projects.
7:00 PM EST | March 07, 2010
Saxon Oil on the Lookout for New President and CEO
Saxon Oil Company announced the retirement of Richard Green as President and Chief Executive Officer and member of the Board of Directors.
7:00 PM EST | February 08, 2010
Saxon Oil Engages SMH Capital as Financial Advisor
Saxon Oil has engaged SMH Capital, Inc. as exclusive financial advisor to consult with and assist the company in identifying, evaluating and executing one or more strategic alternatives available to Saxon.
8:00 PM EST | August 25, 2009
Saxon Oil Accelerates E&P Plans Onshore Italy
Saxon Oil announced that AleAnna Resources, of which Saxon owns a 20% membership interest, received formal approval and published decrees from the Italian Ministry granting exclusive exploration permits onshore Italy.
8:00 PM EST | August 03, 2009
Saxon Oil to Complete Development Well in New Mexico
Saxon Oil announced that completion work has commenced on the Eumont State No.2 well in Lea County, New Mexico.
8:00 PM EST | June 29, 2009
Saxon Increases US Reserves
Saxon's total net proved reserves have increased by 12.5% in oil reserves and a 36.7% in gas reserves year over year.
7:00 PM EST | February 16, 2009
Saxon Reviews 3D Seismic Program in Po Valley Concession
Saxon announced that the 3D seismic program on the Corte de Signori concession area in Po Valley of Italy is being carried out by AleAnna Resources.
7:00 PM EST | January 11, 2009
Saxon Receives New Field Designation for New Mexico Oil Discovery
Saxon has received a new field designation from New Mexico regulatory authorities for its Eumont State No. 1 oil discovery in Lea County, New Mexico.
7:00 PM EST | November 16, 2008
Saxon Issues Operational Update for U.S. Assets
Saxon Oil has noted its ongoing exploration and production activity in Kansas, New Mexico, Oklahoma and Texas.
8:00 PM EST | October 14, 2008
Saxon Extends Terms of Warrants and Exercises Put Option
Saxon has applied to the TSX Venture Exchange for acceptance to extend the term of 10,462,500 common share purchase warrants issued pursuant to a brokered private placement that closed on May 10, 2007.
8:00 PM EST | October 02, 2008
Saxon's Kansas Well Tests Positive Gas
Saxon Oil successfully drilled its first low BTU shallow gas well to 1220 feet in Harvey County, Kansas, near its Mid Kansas Gas Gathering joint venture gas gathering system.
8:00 PM EST | October 01, 2008
AleAnna Taps IMC for Seismic Ops in Italy
Saxon announced that AleAnna Resources has executed a seismic contract with IMC to commence seismic operations immediately within the Corte dei Signori Block in Italy.
8:00 PM EST | September 22, 2008
Saxon Cinches Lease Position in Bossier/Haynesville Shale
Saxon announced that the company has 1273 gross acres located within the published area of the rapidly emerging Lower Bossier/Haynesville Shale resource play of North Louisiana and East Texas.
8:00 PM EST | July 08, 2008
Italian Ministry Approves AleAnna to Shoot 3rd Seismic
AleAnna Resources LLC received formal approval from the Italian Ministry of Economic Development for its 248-square-kilometer Corte dei Signori exploration application.
8:00 PM EST | May 12, 2008
Saxon Oil Moving Ahead in Italy
There is no certainty that the prospective resources will be discovered. If discovered, there is no certainty that any discovery will be technically or economically viable to produce.
8:00 PM EST | March 11, 2008
Saxon Oil Completes New Oklahoma and Texas Wells
The well is flowing at a rate of 1.4 million cubic feet per day (MMcfd) and 11 barrels of oil per day with a 2,500-psi tubing pressure.
7:00 PM EST | February 04, 2008
Saxon to Complete OK Well with Estimated Recovery of 3B Cubic Feet of Gas
Each of these wells has an average gross estimated ultimate recovery (EUR) of more than 3 billion cubic feet of natural gas.
7:00 PM EST | January 07, 2008
Saxon Completes Cotton Valley Well
Saxon Oil Company has completed the new Arnold Rust 2-3 gas well in Rusk County, Texas.
8:00 PM EST | November 01, 2007
Saxon Oil Completes Successful Cotton Valley Well
Saxon Oil Company has completed the new Arnold Rust 2-3 gas well in Rusk County, Texas.
8:00 PM EST | November 01, 2007
Saxon to Complete Texas Exploration Well
Saxon Oil has agreed to participate in the completion of an exploration well operated by Tri-C Resources of Corpus Christi, Texas.
8:00 PM EST | October 28, 2007
Saxon to Spud Lasley Well in November
Saxon Oil expects to commence drilling on the DG Williams 3-9 well in Lasley Field area of Oklahoma in November 2007 and anticipates additional development drilling in the Lasley Field in 2008.
8:00 PM EST | October 02, 2007
Saxon Oil Gears Up for More E&P Activity
Saxon has completed four acquisitions since June 2007, with plans to acquire more properties that complement its existing production and technical capabilities.
8:00 PM EST | September 23, 2007
Saxon Oil Signs LOI to Aquire Working Interest in 17 Oil and Gas Leases
Saxon Oil has signed a Letter of Intent to acquire working interests in 17 oil and gas leases with 21 producing wells operated by Castle Resources of Schoenchen, Kansas, for $2,170,004 in cash.
8:00 PM EST | August 02, 2007
Saxon to Participate in East Texas Cotton Valley Well
Saxon Oil Company has agreed to participate in the drilling of a 10,400-foot Cotton Valley development well to be operated by Comstock Resources.
8:00 PM EST | July 10, 2007
Saxon, Milestone Form Sunflower State Alliance
Saxon Oil Co. Ltd. has formed a strategic alliance with Wichita, Kan.-based Milestone Energy, LLC to pursue energy-related activities in Kansas.
8:00 PM EST | April 17, 2007
Saxon Oil Drills First Well in Hailey Prospect
Saxon Oil Company Ltd. said that it has acquired a 10% interest in the Hailey Prospect in La Salle Parish, Louisiana.
7:00 PM EST | November 15, 2006
Saxon Oil Completes First Hudson Hills Well
Saxon Oil Company has successfully completed the first well in its Hudson Hills prospect. The Perrard #1 has averaged 30 bbls of oil per day during its first week of production.
8:00 PM EST | October 11, 2006
Saxon's Staying Busy in Texas and Oklahoma
Saxon Oil Company Ltd. said that it is pursuing a number of diversified oil and natural gas projects and prospects.
8:00 PM EST | August 16, 2006
Saxon Moves Ahead with Hudson Hills
Saxon Oil Co. Ltd. said that the development of its Hudson Hills prospect in Central Texas has begun. Holding a 75% working interest in the prospect, Saxon has drilled three wells and was set to spud a fourth well Wednesday.
8:00 PM EST | July 18, 2006