New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 24, 2014
06:44 EDTSYRGSynergy Resources reports mid year proved reserves up 43%
Synergy Resources announces that its mid-year proved reserve evaluation for the six months ending February 28 increased to 19.7mm/BOE compared to 13.8mm/BOE for the fiscal year end 8/31/2013 and the PV10 value of the proved reserves increased to $326M from $236M. Proved developed producing and proved developed non-producing assets accounted for two thirds of the value of the reserves while the remaining third of the value is proved undeveloped reserves.
News For SYRG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
08:06 EDTSYRGSynergy Resources to purchase remaining 35% interest in DJ Basin Greenhorn
Synergy Resources has agreed to purchase the remaining 35% working interest in the DJ Basin Greenhorn, or AMI, owned by its non-operating partner, Foreland Investments LP. The transaction is scheduled to close on May 28, subject to customary closing conditions. This acquisition gives Synergy a 100% working interest in the AMI and increases its acreage position in the AMI by 15,789 net acres. Upon closing Synergy will have approximately 93,000 net acres in the Greater Wattenberg, including 36,643 net acres in the Core Wattenberg and over 56,000 net acres in the NE Wattenberg Extension Area. The purchase price of the conveyed interests is $250 per net acre, payable in 323,745 restricted shares of Synergy's common stock, equating to approximately $3.95 million based on $12.19 price per share.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use