Energas Resources Company News

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Energas to Start Pakistan's Largest LNG Terminal in 2021
Friday, December 13, 2019 Pakistan's Energas plans to start the nation's largest liquefied natural gas import terminal in 2021.

Energas Plugs, Abandons Lake Devore Well
Monday, August 09, 2010 Energas announced that the Neugebauer #1 well on the Lake Devore Prospect has reached total depth.

Energas Commences Drilling on Lake Devore Prospect
Tuesday, July 27, 2010 Energas announced that drilling has begun on the Lake Devore Prospect, Colorado.

Energas Anticipates Spudding at Co. Well
Tuesday, July 20, 2010 Energas Resources announced that the drilling rig is now moving on to the Lake Devore Prospect location.

Energas to Begin Building Location for New Co. Well
Thursday, July 08, 2010 Energas has authorized the dirt contractor to begin building location to drill the first well in the Lake Devore Prospect, weather permitting.

Energas Scoops Up Additional Acreage in Texas
Thursday, April 02, 2009 Energas Resources has acquired more acreage to expand its development project in Callahan County, Texas.

Energas Commences Texas Oil, Gas Development Project
Wednesday, December 31, 2008 Energas began work this morning on the first well of a development project in Callahan County, Texas. This oil and gas project consists of 1,560 acres under lease with an option to lease an additional 1,500 acres

Energas Elects to Drill New Wyoming Well
Friday, March 07, 2008 The location for the new well will directly offset the Finley #1 well which initially flowed 1,516 barrels of oil per day out of the Dakota and Lakota zones.

Energas Begins Construction on Wyoming Project
Friday, February 29, 2008 As soon as the pump jack unit is moved off the well, the drilling contractor will begin moving their rig and equipment in to start the deepening project.

Energas Receives Permit to Drill Wyoming Well
Wednesday, February 20, 2008 The permit will allow Energas to deepen the Finley #2 well.

Energas Purchases Interest in Oklahoma Gas Well
Tuesday, February 05, 2008 Energas Resources has purchased a 0.323733 working interest in the Ainsworth #1-33 natural gas well in Pittsburg County, OK. Subject to natural gas prices, this purchase will increase the company's net cash flow by approximately $6,000 per month.

Energas Plans to Deepen Wyoming Well
Thursday, January 31, 2008 Energas Resources, Inc. reported that the company is preparing to deepen the Finley #2 well in the Rusty Creek Prospect, Niobrara County, Wyoming.

Picking the Low Apples: Energas Sells Kentucky Properties
Wednesday, January 23, 2008 Energas Resources reports that it has completed the sale of all remaining Kentucky properties for $2.3 million. Energas did not name the buyer.

Energas Acquires New Well in Kentucky
Wednesday, August 30, 2006 Energas Resources has acquired a new well in Whitley County, Kentucky. The Davis #1 well is producing from the Newman Limestone formation at approximately 1,745 feet and has settled in to produce at a steady rate of 65 MCF of natural gas per day.

Energas Resources Adds Wells to Parkway Project
Thursday, May 25, 2006 Energas Resources reports that 361 acres containing 3 existing wells are now in the process of being recorded and added to the Parkway field.

Energas Begins Production from Parkway Project
Friday, March 24, 2006 Energas Resources says that the Parkway Project transmission pipeline is operational and that the first wells have commenced selling natural gas.

Energas Resources Completes Parkway Project Pipeline
Wednesday, March 15, 2006 Energas Resources has completed the pipeline that will carry gas from the wells in the Parkway Project to a major gas utility pipeline.

Energas Resources Reports 175% Revenue Increase
Tuesday, December 20, 2005 Energas Resources reports the results of the Company's fiscal third quarter ended October 31, 2005.

Energas Resources Says Parkway Project Exceeding Expectations
Monday, November 14, 2005 Energas Resources reports the results of flow tests done on 9 of the wells in the Parkway Project. Initial natural gas production from these 9 wells is expected to average 296 MCF per well per day.

Energas to Start Drilling 5th Well in Kansas
Friday, September 09, 2005 Energas Resources says that construction on the Truby #1 well site in the Rock Creek Prospect, Kansas has begun.

Energas Must Go Deeper On Wyoming Well
Wednesday, August 24, 2005 Energas Resources, Inc. announces that the Eagle Ridge well in Wyoming has been drilled to its target depth of 7500 feet. Sixteen zones were expected to be present in this hole, however only six zones were reached which were non-producing.

Energas Successful at 2nd Kansas Well
Monday, November 01, 2004 Energas Resources has successfully completed its 2nd well in Kansas. This well is currently producing 130 barrels of oil per day and 200 MCF of natural gas per day.

Energas has Drilled 17 Wells in its Bluegrass Program
Tuesday, October 26, 2004 Energas has now drilled 17 wells in the Bluegrass drilling program and the 18th well is expected to be finished shortly.

Energas Hits Second Well in Kansas
Friday, September 17, 2004 Energas Resources reports that drilling of the second Carothers well in the Rock Creek Prospect, Kansas, has reached total depth. The operator reported a good show of natural gas through the Mississippi Chert zone around 4,450 feet.

Energas Begins Bluegrass Drilling Program
Monday, July 26, 2004 Energas Resources reports that the Bluegrass Drilling Program has commenced in eastern Kentucky.

Energas Signs KY Drilling Agreement
Monday, June 07, 2004 Energas Resources, through its wholly owned subsidiary AT Gas Gathering Systems, has reached an agreement with Double G Energy to drill up to 200 wells within the Company's Pulaski County leases in eastern Kentucky.

Energas to Drill Kansas Well
Thursday, February 12, 2004 Energas Resources will drill the Carothers #1 well in the Rock Creek Prospect, Harper County, Kansas.

Energas Hits Best Well to Date in Kentucky Project
Monday, November 17, 2003 Energas Resources reports the successful completion of the 6th well in the eastern Kentucky drilling program.

Energas Hits with Well No. 5 in Kentucky
Friday, October 31, 2003 Energas Resources has successfully completed the 5th well in eastern Kentucky.

Energas Completes 4th Kentucky and is now Drilling #5
Tuesday, October 28, 2003 Energas Resources has successfully completed its fourth natural gas well in eastern Kentucky.

Energas is Successful on First Kentucky Well
Tuesday, October 14, 2003 Energas Resources says its first well in the Appalachian Basin has encountered natural gas and has flow rate of 100 mcf.