BNET Industries
Shotgun Energy Corp. (SGNE) is in the Energy Industry
- Profit
- Dec 31 2007
- ($593.7K)
- Market Cap
- Sep 04 2008
- $1.2M
Latest News and Analysis
New President for Shotgun
Shotgun Energy Corporation (OTCBB: SGNE)reports that Marc Scheive, a current company director, has accepted theposition of President and CEO of Shotgun Energy Corporation. Former Company President Mr. Robert Klein has resigned to pursue otherbusiness interests. Janice Chow, a businesswoman based in Hong Kong, has joined the Board ofDirectors of the...
Shotgun Energy Corporation Diversifying Into Alternative Energy Sector
Shotgun Energy Corporation (OTCBB: SGNE)reports that while management is optimistic regarding the long termviability of its Shotgun Draw Uinta Basin natural gas project, the Companyis seeking to diversify its holdings by exploring new opportunities in theAlternative Energy sector. The Company will update its shareholders as details become available. /s/ Robert...
New Member Joins Board of Directors and Address Change
Shotgun Energy Corporation (OTCBB: SGNE)reports the appointment of Marc Scheive to the Board of Directors. Mr. Scheive is an entrepreneur who has an International Marketing degreefrom Universitie de Montreal and is currently involved in the LumberBrokerage Industry. The Company also reports the resignation of Carlton Parfitt from its Boardof Directors....
Shotgun Energy Updates Investors on Its Natural Gas Properties in the U.S. Rockies
Shotgun Energy Corporation (OTCBB: SGNE)owns an undivided 85% working interest in the giant gas field lease in theprolific natural gas producing Uinta Basin, located in the U.S. Rockies,Utah. The lease comprises 13,189 acres with a potential 4 trillion cubicfeet recoverable gas and is over-pressured by a 0.55 - 0.85 gradient....
2D Seismic Shoot Has Been Completed
Further to the News Release dated October17th, Shotgun Energy Corporation (OTCBB: SGNE) can now confirm thecompletion of the 2D Seismic Shoot despite inconsistent weather conditions. The results of the 2D Seismic program will be processed along withavailable data from a previous Texaco Seismic shoot which will add to theconfidence in...
2D Seismic Shoot Finally Underway
Shotgun Energy Corporation (OTCBB: SGNE)reports the arrival of the equipment and crews for conducting theeight-mile-long vibrator seismic line. This line was designed to follow theprincipal road on the property in order to minimize disturbance to theAshley National Forest. It cuts several principal surface features andwill provide two sublines that...
Experienced Energy Consultant Joins Shotgun Energy's Management Team
Shotgun Energy Corporation (OTCBB: SGNE)reports that the Company has retained Petroleum Engineering Consultant DonReese from Casper, Wyoming to prepare and budget for the first 15,000 footwell on its 13,189 acre Shotgun Draw Prospect in the Uinta Basin, Utah. Mr. Reese has over forty years of engineering and supervisory experiencedrilling and...
Name Change and Capital Restructuring for Avalon
Avalon Energy Corporation (OTCBB: AVLN)announces that a majority of the shareholders entitled to vote on suchmatters approved a change of name from Avalon Energy Corporation to"Shotgun Energy Corporation." In addition, approval was obtained torestructure the issued capital through a reverse split of the outstandingissued shares, the ratio of split to...
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- Incorporated: 1983
- Employees: 1
Shotgun Energy is exploration stage Company with oil and gas activities are conducted in the U.S. As of Dec 31 2006, Co. had no revenue generating operations. Co.'s properties include The Wyoming Property, in which it owns a 0.7% gross overriding royalty interest on 6,360 acres of oil and natural gas rights located in the Powder River Basin of eastern Wyoming; The California Property, in which it owns a 2.0% royalty interest in the Harvester Property, and The Utah Property.
Key Competitors
Shotgun Energy Corp. Company Info
Board of Directors
Mr. Mark Scheive
Ms. Janice Chow
Ms. Jaclyn Cruz
Mr. Robert Waters
Contact Information
1239 West Georgia Street
Suite 3004
Vancouver, British Columbia
604 664-0499
NAICS Code
Crude Petroleum and Natural Gas Extraction: 211111
