June 30, 2010
MegaWest Announces Management Changes
MegaWest Energy Corp. announces that R. William Thornton, President and CEO is leaving the Company effective June 30, 2010 to pursue other opportunities...
June 16, 2010
MegaWest Energy Announces 2.1 Million Barrel Increase in 3P Reserves
MegaWest Energy Corp. is pleased to announce that GLJ Petroleum Consultants ("GLJ"), an independent petroleum consulting firm, has confirmed and updated prior estimates of volumes and has completed a net present value (NPV) cash flow evaluation...
June 16, 2010
Statement of oil and gas reserves data and other oil and gas information
The Evaluator Report evaluated, as of April 30, 2010, MegaWest’s oil reserves. The tables below are a summary of the oil reserves of the Company and the net present value of future net revenue attributable to such reserves...
May 14, 2010
MegaWest Signs $1.0 Million Natural Gas Purchase Line of Credit Agreement
MegaWest Energy Corp. is very pleased to announce that it has entered into a $1.0 million line of credit agreement for the purchase of natural gas while heavy oil production ramps up...
May 12, 2010
MegaWest Provides Operations Update
MegaWest Energy Corp. is very pleased to announce that its thirty day trailing average production rate has reached approximately 250 barrels of oil...
May 12, 2010
MegaWest Announces Undeveloped Land Transactions in Montana
MegaWest Energy Corp. announces that, in an effort to create value, rationalize assets and minimize cash expenditures, it has completed the following transactions in its Montana undeveloped land base...
March 8, 2010
MegaWest Doubles Oil Production and Provides Operations Update
MegaWest Energy Corp. is very pleased to announce that its seven day trailing average production rate is 250 barrels of oil per day (“bopd”). This is double the rate announced in the Company’s November 18, 2009 press release...
January 26, 2010
MegaWest to Participate in Scottsdale Investment Conference
MegaWest Energy Corp. announced today that it will be presenting and participating at the Scottsdale Small/Micro Cap Conference at the Four Seasons Resort in Scottsdale Arizona from February 1st to 3rd, 2010...
