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Last $0.0004 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

gulf united energy inc (GLFE) Snapshot

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10/31/14 - $0.0017
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12/29/14 - $0.0004
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gulf united energy inc (GLFE) Details

Gulf United Energy, Inc. operates as a development stage oil and gas exploration company primarily in Peru and Columbia. It holds a 12.5% working interest in the 345,592 acre CPO-4 block in the Llanos Basin, Columbia; 40% working interest in the 2,803,411 acre Z-46 offshore block in the Trujillo Basin, Peru; 5% participating interest in Block XXIV, an approximately 276,137 gross acre concession; and a 2% participating interest in the Peru Technical Evaluation Area. The company also holds a 50 % participation interest in the VIM-2 Block that covers an area of 148,513 acres and is located in the Lower Magdalena Valley, northwest Colombia. As of August 20, 2012, its gross land position consists of three million acres. The company was formerly known as Stonechurch, Inc. and changed its name to Gulf United Energy, Inc. in March 2006. Gulf United Energy, Inc. was founded in 2003 and is based in Houston, Texas.

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gulf united energy inc (GLFE) Key Developments

SEC Orders Hearing On Registration Suspension Or Revocation Against Gulf United Energy, Inc. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Gulf United Energy, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.


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