Apa, Ren And Masp.ob Making A Name In The Oil&gas Industry - Presented By Pennytobuck.com

MASP, MASS Petroleum Inc., MASP.OB

MASP, MASS Petroleum Inc., MASP.OB

MASP.ob has been continuing its efforts to determine key areas of interest through evaluating oil and gas assets with development and drilling upside potential. Mass Petroleum has determined the Kansas areas provide low-risk, multi-well oil and gas investments via direct participation programs through a direct ownership position in the wells or joint venture opportunities. Key facts about Kansas oil production include;

The first oil well in Kansas was drilled in 1860.

Currently Kansas produces oil and gas in 89 of the 105 counties.

Over 4000 permits to drill have been issued in Kansas to date.

The average well depth is about 3,500 feet.

Over 59,000 wells are actively producing oil and natural gas in Kansas.

70% of the wells produce oil and the other 30% produce natural gas.

There are over 2100 oil and gas producers operating in Kansas.

Mass Petroleum is currently reviewing several acquisition targets in Kansas that offer the potential to increase cash flow through production and offer additional blue sky potential through equipment refurbishment, drilling new wells on prolific land packages and joint venture opportunities.

MASP.ob is an oil and gas production company backed by an experienced and dedicated management team. MASS Petroleum is engaged in the acquisition of producing oil and natural gas wells, interests and leases from existing companies, governments, and through the open market. For More information on Mass Petroleum visit their site at http://www.masspetroleum.com

Resolute Energy Corporation (NYSE:REN) announced that it will issue a press release covering second quarter 2010 results after the market closes on Wednesday, August 11, 2010. Management will hold a conference call to discuss the companys results and conduct a question and answer session at 5:00 p.m. EDT on the same day.

To access the call please dial (888) 753-4238 from the United States, or (574) 941-1785 from outside the U.S. The conference call I.D. number is 89639905. Participants should dial in 5 to 10 minutes before the scheduled time and must be on a touch-tone telephone to ask questions.

Resolute is an independent oil and gas company engaged in the acquisition, exploitation and development of oil and gas properties. The company operates producing properties in Utah, Wyoming and Oklahoma. In addition, Resolute owns exploration properties in the Bakken trend of North Dakota, the Big Horn Basin of Wyoming and the Black Warrior Basin of Alabama. For more information On REN visit http://www.rnrc.net/

Apache Corporation (NYSE:APA) announced the pricing of offerings of common stock and depositary shares raising approximately $3.1 billion with underwriters' options that may bring in up to an additional $469 million.

APA said it has priced its offering of 23 million shares of common stock at a public offering price of $88.00 per share, or approximately $2.0 billion. The size of the common stock offering was increased from the previously announced 21 million shares.

APA also sold 22 million depositary shares for $1.1 billion. Each depositary share represents a 1/20th interest in a share of Apache's 6.00% Mandatory Convertible Preferred Stock, Series D, with an initial liquidation preference of $1,000 per share (equivalent to $50 liquidation preference per depositary share).

APA has granted the underwriters a 30-day option to purchase up to 3.45 million additional shares of its common stock and up to 3.3 million additional depositary shares.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Our mission is to grow a profitable company for the long-term benefit of our shareholders by building a portfolio of core areas which provide long-term growth opportunities. For more information on APA visit http://www.apachecorp.com/

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by: Bill Pennyman

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