Investorideas.com - Energy and Resource Stocks to Watch; ($2.00-$5.00): (OTCBB: VYOG), (OTCBB: ITCD), (OTCBB: MNEAF), (OTCBB: AUGT)
Note to Editors: The Following Is an Investment Opinion Being Issued by OTC VOLUME LEADERS
Category: Investment, Financial
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Point Roberts, WA (Investorideas.com Newswire) October 19, 2010 - OTC VOLUME LEADERS (www.otcvolumeleaders.com ) reports on the most active trading stocks on the OTCBB for interested small cap investors. OTC Volume leaders ($2.00-$5.00) include Voyager Oil & Gas, Inc. (OTCBB: VYOG), Minera Andes Inc. (OTCBB: MNEAF), ITC^DeltaCom Inc. (OTCBB: ITCD), and Augme Technologies, Inc. (OTCBB: AUGT).
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One of the OTCBB volume leaders; Recent News: "Voyager Oil & Gas, Inc. today provides an operational update regarding its Bakken and Niobrara activity.
Williston Basin Bakken and Three Forks
Voyager currently controls approximately 24,000 net acres in the Williston Basin, primarily in Williams, McKenzie and Mountrail Counties, North Dakota and Richland and Roosevelt Counties, Montana. Voyager has spud twelve gross Bakken wells, of which three are producing, four are drilling and five are completing. By the end of 2010, Voyager expects to spud 15 gross Bakken wells. In 2011, Voyager expects to spud approximately 35 gross and 5 net Bakken wells based on recent permitting activity on Voyager's leasehold interests. J.R. Reger, Voyager's CEO, commented, "The accelerated production and positive results across our Bakken/Three Forks position continue to remain within our original expectations. We believe that our 24,000 core acres are being developed by some of the best operators in the play and we are excited to be participating in this premier oil resource play. We continue to focus most of our efforts on leasing and acquisitions in the Bakken and Three Forks play. We are excited to be moving into the production ramp-up stage across our Bakken position. We expect substantial reserve and production additions over the coming months as the position is rapidly developed."
Market Snapshot: (at time of release)
Dow 10,941.54 -202.15 -1.81%
Nasdaq 2,432.64 -48.02 -1.94%
S&P 500 1,163.30 -21.41 -1.81%
10 Yr Bond(%) 2.4700% -0.0210
Oil 80.45 -2.63 -3.17%
Gold 1,335.10 -36.10 -2.63%
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