(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 80 acres, Zapata 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 August 13, 2008, the J. Vela #1 gas well, Zapata County Texas, is now on stream and currently producing to sales at approximately 500 MSCFD.
- 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.
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Nov 05, 2008: News Releases: Romania Update (more...)
Aug 13, 2008: News Releases: Oracle Energy announces gas sales from the J. Vela... (more...)
Aug 12, 2008: Share Structure: Share Structure as at August 12, 2008 (more...)
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