Savoy Energy Corp. SNVP Archives

MondayJun 29, 2009 9:02 am

Savoy Energy Corp. (SNVP.OB) is Wringing Out Much Needed Energy

Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities. To bring these abandoned wells online, Savoy Energy not only applies modern well technology but uses a meticulous process of evaluation and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. This process also takes away the risk of traditional…

WednesdayJun 24, 2009 10:15 am

Savoy Energy Corp. (SNVP.OB) Inks LOI to Create JV for Oil Exploration

Savoy Energy Corporation announced earlier today that it has signed a Letter of Intent (LOI) with Masi Corp Holdings Limited to create a Joint Venture (JV) in Fiji. The joint venture/partnership would be designed to license properties in Fiji for Oil Exploration and drilling rights. According to the press release, the Pacific Islands Applied Geoscience Commission's report "Fiji Petroleum Data Package" states: "Over twenty structural reefal traps have been identified on the seismic lines in the Late Miocene and Pliocene sequences, mostly in Bligh Water Basin. Estimates of potential un-risked recoverable reserves are 270 million barrels of oil (mmbo) per…

MondayJun 22, 2009 12:00 pm

Savoy Energy Corp. (SNVP.OB) – Building a Portfolio of Oil & Gas Properties

Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities. Savoy Energy uses a meticulous process of evaluation, application of modern well technology, and stringent management controls when deciding if leasing a property will be a viable undertaking. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. This process takes away the risk…

FridayJun 05, 2009 10:56 am

Savoy Energy Corp. (SNVP.OB) is “One to Watch”

Savoy Energy Corp., an independent oil and gas company, is focused on building a diversified portfolio of valuable oil and gas assets in the United States. Incorporated in 1982, the company’s business model is to identify abandoned oil and gas assets, which are then brought online through recompletion and work-over activities, a meticulous process of evaluation, application of modern well technology, and stringent management controls. The company’s officers, directors and geologists together retain more than a century of combined experience in the oil and gas industry. The management team is focused on strategically increasing Savoy Energy's asset base and cash…

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Tag: Savoy Energy Corp. SNVP

Savoy Energy Corp. (SNVP.OB) is Wringing Out Much Needed Energy

Savoy Energy Corp. (SNVP.OB) Inks LOI to Create JV for Oil Exploration

Savoy Energy Corp. (SNVP.OB) – Building a Portfolio of Oil & Gas Properties

Savoy Energy Corp. (SNVP.OB) is “One to Watch”

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