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Last $0.07 USD
Change Today 0.00 / 0.00%
Volume 0.0
BERI On Other Exchanges
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

blue earth resources inc (BERI) Snapshot

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52 Week High
08/18/14 - $0.26
52 Week Low
07/30/15 - $0.07
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blue earth resources inc (BERI) Details

Blue Earth Resources, Inc., through its subsidiary, PetroResources, Inc., engages in the acquisition and asset management of royalty and override royalty interests, and/or non-operating working interests in producing oil and gas properties in the United States. It holds minority interests in approximately 300 wells located in 8 states. The company was formerly known as Century Controls International, Inc. and changed its name to Blue Earth Resources, Inc. in September 2010. Blue Earth Resources, Inc. is based in Inver Grove Heights, Minnesota.

blue earth resources inc (BERI) Top Compensated Officers

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blue earth resources inc (BERI) Key Developments

Blue Earth Resources, Inc. Announces Initial Results from Workover at Hunter Mannies

Blue Earth Resources, Inc. reported the workover and perforation results of the Hunter Mannies #1, located in Desoto Parish, Louisiana. Hunter Mannies #1 was brought back online after a successful workover. The well has achieved initial peak production rate of 8 barrels per day, with a cut of 95% oil and 5% water after the perforation of the zone and two new zones. The well also has gas pressure showing. After consulting with the company's advisory team, it is their opinion that the old perforations were blocked and not allowing the oil and water to reach the borehole. The company believes the strong result of Hunter Mannies #1 will appreciably enhance overall operations of the entire lease.

Blue Earth Resources, Inc. Announces Operational Update in Anticipation of Continued Growth

Blue Earth Resources, Inc. reported on its ongoing operation activities. The company stated that the initial phase of workover activity has been hindered by adverse weather conditions in the area. With improved climate conditions, workover activity has resumed on the Hunter Mannies #1. This well has solid long life production with initial production level coming in at 125 barrels per day. After careful evaluation and consultation with Blue Earth's advisory team, the company has made the decision to re-perforate the well. During consultation, Blue Earth's advisory team discovered two potential producing zones that have developmental opportunities. When Chesapeake Energy discovered the Haynesville Shale, they proceeded to drill 5 wells on the Hunter Mannies lease. It was at that time they discovered what appears to be an oil zone that has not been produced. With the perforation of the two new zones, engineers believe it will optimize reservoir production and maximize reserve recovery.

Blue Earth Resources, Inc. will Change its Ticker to BERI from BERID

Effective September 09, 2013, Blue Earth Resources, Inc. will change its Pink Sheets LLC stock ticker symbol to BERI from BERID.


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