posted
LOL I was gonna start a thread but you beat me to it...... Form 4 insider buying, came out today!
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
a tad dissapointing going back to .0099 but time will tell this may be a slow climber as long term shareholders who see a pop think it's time to get out
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
or maybe a sell..... of course it's both but not sure if it was bid or ask at the time
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
SPE - special purpose entity... whatever that is...
bottom of 8K makes it seem Star Energy will be buying EFCR?? how do you read this mumbo jumob?
ITEM 8.01 OTHER EVENTS
On December 8, 2006, the Registrant’s Board of Directors by its Majority consent a pproved a Letter of Intent (“LOI”) between the Registrant and Star Energy (“Star”) which became effective with the approval of both Boards of Directors on December 8, and December 11, 2006, respectively. Pursuant to the LOI, through a special purpose entity sell to Star seventy percent (70%) of the SPE for i) consideration described therein, and ii) including the assumption of project financing capital requirements. Following the acquisition, the SPE proposes to move forward on funding requirements designated for one or more projects as specified in the LOI.
The parties have until December 27, 2006, subject for certain approvals, to execute a memorandum of understanding and thereafter execute a definitive agreement.
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
moving back up off lows of day holding Wed gains.... kewl..... should be a slow gainer till after xmas, when news may come... or maybe news earlier!
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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EGPI/Firecreek, Inc. Signs Formal Pact on Key Ukraine Projects Wednesday March 14, 8:00 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--EGPI/Firecreek, Inc. (OTCBB: EFCR - News) is pleased to announce today the signing of a formal Memorandum of Understanding with Star Energy Corporation (OTCBB: SERG - News), regarding projects located in the Ukraine. ADVERTISEMENT
As previously reported, the Company has historically been working on establishing rights to develop and rehabilitate certain oil field acquisition programs in the Ukraine. Pursuant to the Definitive Agreement, Star will acquire from the Company, Anglo Ukra Energy Ltd., a reserved special purpose Ukrainian Holding Name for the acquisition and development of its Ukrainian projects.
As part consideration for transferring Anglo Ukra to Star Energy, the Company would initially receive between $2-3 million of Star Energy common stock.
This transaction shall be subject to certain conditions including board, shareholder, requisite third-party approvals, consent by the Ukrainian Government and the execution of a Definitive Agreement. The parties have agreed to use their best efforts in consummating this transaction within the next 60 days.
EGPI/Firecreek Inc. through its Firecreek unit is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories on an international basis. Other companies in the oil sector include, Pantina Oil and Gas Inc. (POG), Frontier Oil Inc. (FTO) and Cabot Oil & Gas Inc. (COG).
Star Energy Corporation is a U.S.-based public oil and gas exploration company. One hundred percent (100%) of the company's assets are located in Russia and Eastern Europe, primarily the Samara region of Russia. The company is pursuing a strategy of seeking additional investment and acquisition opportunities in Russia and Eastern Europe with the goal of providing Western investors with access to a portfolio of natural resource licenses and operating companies. Additional information about the company can be found at www.starenergycorp.com
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN? Posts: 600 | From: CO, WI, contracting in Iraq... | Registered: May 2006
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