American Eagle Energy and a Joint Venture Partner, collectively have entered into a Carry Agreement and a Farm-Out Agreement pursuant to which the JV Partner will fund the drilling and completion of up to 11 new wells in the Spyglass Project area, which is located within the Williston Basin in Divide County, North Dakota. The wells will be operated [...]
American Eagle Energy announced today that it has entered into a Purchase, Sale and Option Agreement with a Joint Venture Partner that increases the Company's net acreage and share of production on wells that it currently operates, as well as interests in future wells that it plans to develop as the operator in its Spyglass Project area in the [...]
American Eagle Energy announces that it has closed on a Senior Credit Facility with Morgan Stanley Capital Group. The Credit Facility is a senior secured reserve based credit facility with a maximum potential commitment of up to $200 million. Initially, $68 million is committed and available for funding. An additional $40 million is earmarked for [...]
American Eagle Energy, a Williston Basin focused E&P company, announces record oil production and record earnings for the second quarter ended June 30, 2013. The Company filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission today.
American Eagle Energy announced today that it completed the sale of 5,000,000 shares of its common stock directly to an investor, pursuant to a Common Stock Purchase Agreement. The shares were sold at a price of $2.00 per share. The offering was made pursuant to an effective registration statement. The Company's common stock is quoted on the OTC [...]
American Eagle Energy is pleased to provide an operations update on its Spyglass Bakken and Three Forks Project in North Dakota. The Company has continued development of the project with a single rig during the second quarter. A total of 20 operated wells are currently on production making a gross rate of 3800 BOPD (barrels of oil per day) which [...]
Eternal Energy and American Eagle Energy are pleased to announce that they have closed their merger. The new name of the merged company is "American Eagle Energy Corporation." For the next 20 trading days, the Company's common stock will continue to be quoted for trading on the OTC Bulletin Board and OTC Markets Group, Inc.'s OTCQB tier under the [...]
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