(OCL: TSX.V ) (O2E: FRANKFURT) (OECPF: PINK SHEETS) is an international company engaged in the development and exploration of oil and gas. Oracle has an 18.75% interest in 640 acres, Zapata County, Texas. Oracle also has a 20% working interest in the re-development of the Chitsey oil field in Franklin County , Texas. The Company also has a 20% interest in 6 previously producing oil and gas concessions in Romania. New project acquisitions are also actively being pursued and evaluated in Honduras, Central America and elsewhere.
- As of May 29, 2008 Chitsey oil field, Franklin County Texas currently under re-entry operations.
- As of May 8, 2008, J.Vela #1 gas well, Zapata County Texas to be completed.
- As of May13, 2008, Romanian pipeline purchase finalized. Nadlac #3 well to be put on-line. All planned work programs in Romania to commence and revenue from gas sales expected shortly.
- OCL pursues exploration opportunities in Honduras.
- As of May 12, 2008, Mr. Art Green appointed Director and Chief Operating Officer of Oracle Energy.
- Additional project acquisitions now underway.
| | 
Jun 12, 2008: News Releases: Oracle Energy Corp. Investigating U.S. Oil and Gas... (more...)
May 29, 2008: News Releases: Oracle Enters Into New Agreement With Ventum For T... (more...)
May 21, 2008: News Releases: J. Vela # 1 Well Update (more...)
|
