BNET Industries
Market Cap:$295.6K
Last Fiscal Year Sales:$1.2M
- Public
- CA
Dow Jones Description
Powder River Basin Gas Corporation is an oil and gas exploration company that is engaged in the evaluation and development of coalbed methane (CBM) reserves as well as shallow oil reserves within the Powder River Basin in the State of Wyoming. Powder River Basin Gas Corporation's focus has been in obtaining leasehold interests in acreage within the Powder River Basin, currently a most prolific coalbed methane gas exploration play in the domestic United States. Its attributes include low cost, shallow depth drilling and completion; a proven play with major operators and an existing and expanding infrastructure; greater and longer production yields when comparing cost/benefit analyses to other basins and, a very low exploration risk. As of December 31, 2004, Powder River Basin Gas Corporation owns a total of 11,878 acres in thirteen different leases within Converse, Crook, Johnson, and Sheridan counties. The company has a 100 percent working interest in most of their leases to date. Powder River Basin Gas Corporation's leases are adjacent to larger CBM developers and operators such as Western Gas Resources, Williams Companies, Phillips Petroleum, J.M. Huber and others. This close proximity to other operators allows PRVB to benefit from the established infrastructure of gathering systems, pipelines, electricity sources, roads, etc.
Chairman, CEOBrian Fox
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
News & Analysis
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powder river petroleum international inc. - All News and Analysis
Ponzi scheme suspects face enforcement action by Oklahoma Securities
The people behind an alleged Ponzi scheme that regulators say cost investors more than $40 million now face an enforcement action filed by the Oklahoma Securities Department. On Wednesday, agency Administrator Irving Faught asked the Oklahoma County District Court for a permanent injunction and other relief against...
Powder River Contests Actions Regarding Lawsuit Filed
Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today received copies of a petition filed in Tulsa County, Oklahoma District Court, which alleges various securities and other violations against the Company and Brian Fox, President. The Court...
Powder River Announces Appointment of Operations Manager
Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it has appointed Mr. Jerry W. Walters to the position of Operations Manager. Mr. Walters comes to Powder River with over 30 years of extensive experience in...
Powder River Reports Year End Results, Revenues Over 13 Million
Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it has completed its fourth full year of operations under current management. For the year ended December 31, 2007, Powder River reported oil and gas sales of...
Powder River Gives Guidance for 2008
Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced they have implemented an aggressive drilling program for 2008. This drilling program will see the Company complete a minimum of 26 wells and have them brought into...
Powder River Gives Guidance for 2008.
CALGARY, ALBERTA, Mar 18, 2008 Marketwire via COMTEX -- Powder River Petroleum International Inc. (OTCBB:PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced they have implemented an aggressive drilling program for 2008. This drilling...
Powder River Announces Drilling and Production Update.
CALGARY, ALBERTA, Feb 26, 2008 Marketwire via COMTEX -- Powder River Petroleum International Inc. (OTCBB:PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it is currently drilling on the Brookshire Salt Dome project in Waller County, Texas. Drilling...
Powder River Announces Drilling and Production Update
Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it is currently drilling on the Brookshire Salt Dome project in Waller County, Texas. Drilling on the #2 well is expected to be completed by the end...
CJGH, FKWL, RNCH, PWDR - OTCStockExchange.com Stock Alert.
M2 PRESSWIRE-13 February 2008-otcstockexchange.com: CJGH, FKWL, RNCH, PWDR - OTCStockExchange.com Stock AlertC1994-2008 M2 COMMUNICATIONS LTD RDATE:13022008 Rochester, NY -- OTCStockExchange.com's "Stock Watch Alert" this morning are China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH), Franklin Wireless...
Powder River Completes Purchase of Drilling Company.
M2 PRESSWIRE-13 February 2008-Analysis: Powder River Completes Purchase of Drilling CompanyC1994-2008 M2 COMMUNICATIONS LTD RDATE:13022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jeffery Q Johnson | Cfo |
| Jean Chye | Managing Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Brian Fox | Chairman, CEO |
| Jonathan N Havelock | Board of Directors |
| Mark Chang | Board of Directors |
| Niles Jonathan | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Powder River Basin Gas Corp | Chairman, CEO | Current |
| Powder River Basin Gas Corp | President | Current |
| Organization | Position | Status |
|---|---|---|
| Powder River Basin Gas Corp | Cfo | Current |
| Stayner Bates & Jensen P.C | Manager | Current |
| Southern Utah University | Masters of Accountancy Degree | Former |
| Southern Utah University | Bachelor Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Powder River Basin Gas Corp | Managing Director | Current |
Jonathan Niles Havelock was appointed to the Board of Directors in August 2007. Since 2001, Mr. Havelock has been President and Managing Director of Strategic Relations Inc., a company that provides organizations with strategic roadmaps on government, regulatory structures and competing stakeholder interests. From 1993 to 2001, Mr. Havelock served as a Member of the Alberta Legislature for Calgary Shaw, during which time he held positions of Minister of Economic Development (1999 to 2001) and Minister of Justice and Attorney General (1997 to 1999). Prior to entering the legislature, Mr. Havelock worked in marketing, real estate and law, including as Legal Counsel with Amoco Canada Petroleum Company in Calgary, Alberta (1982 to 1988) and Senior Real Estate Representative with Amoco Corporation in Chicago (1988 to 1989). He has served on the Board of Governors of the Northern Alberta Institute of Technology (2001-2004), as an Alderman for the City of Calgary (1986 to 1988) and on the Calgary Board of Education, as Chair the last two years of his term (1983 to 1986). Mr. Havelock has earned a B.C. with Honors from the University of Alberta and a B.A. (Law) and M.A. from Downing College, University of Cambridge, England.
| Organization | Position | Status |
|---|---|---|
| Oilpods | Board of Directors | Current |
| Powder River Basin Gas Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Oilpods | CEO | Current |
| Powder River Basin Gas Corp | Board of Directors | Current |
| Oilpods | Board of Directors | Current |
| Walton International Group, Inc. | Team Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Powder River Basin Gas Corp | Board of Directors | Current |
| Volume | 85,000 |
| Shares Outstanding | 147.8M |
| Market Cap | 295.6K |
| Year High | 0.035 |
| Year Low | 0.00030 |
| Earnings Per Share | -0.090 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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