|
| related topics |
| {gas, price, oil} |
| {stock, price, share} |
| {acquisition, growth, future} |
| {loss, insurance, financial} |
| {debt, indebtedness, cash} |
| {cost, regulation, environmental} |
| {personnel, key, retain} |
| {provision, law, control} |
| {investment, property, distribution} |
|
|
We have a history of losses and currently operate under the terms of a Forbearance Agreement with our senior lender.
Natural gas and oil prices fluctuate widely, and low prices would have a material adverse effect on our revenues, profitability and growth.
We depend on the services of our chairman, chief executive officer and chief financial officer, and implementation of our business plan could be seriously harmed if we lost his services.
Our ability to successfully execute our business plan is dependent on our ability to obtain adequate financing.
Natural gas and oil reserves are depleting assets and the failure to replace our reserves would adversely affect our production and cash flows.
Reserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in these reserve estimates or underlying assumptions could materially affect the quantities and present values of our reserves.
Exploration is a high risk activity, and our participation in drilling activities may not be successful.
The natural gas and oil business involves many operating risks that can cause substantial losses.
Not hedging our production may result in losses.
Our ability to market our natural gas and oil may be impaired by capacity constraints on the gathering systems and pipelines that transport our natural gas and oil.
We have no assurance of title to our leased interests.
Competition in the natural gas and oil industry is intense, and we are smaller and have a more limited operating history than most of our competitors.
We are subject to complex laws and regulations, including environmental regulations that can adversely affect the cost, manner or feasibility of doing business.
We cannot control the activities on properties we do not operate.
Acquisition prospects are difficult to assess and may pose additional risks to our operations.
We do not currently intend to pay dividends on our common stock.
Anti-takeover provisions of our certificate of incorporation, bylaws and Nevada law could adversely effect a potential acquisition by third parties that may ultimately be in the financial interests of our stockholders.
Our common stock is thinly traded.
Full 10-K form ▸
|
|
| related documents |
| 351817--3/2/2006--SWIFT_ENERGY_CO |
| 1120916--3/15/2010--AMERICAN_OIL_&_GAS_INC |
| 895126--3/14/2006--CHESAPEAKE_ENERGY_CORP |
| 1112412--3/13/2006--ENDEAVOUR_INTERNATIONAL_CORP |
| 945764--3/1/2010--DENBURY_RESOURCES_INC |
| 870756--3/16/2006--NATIONAL_ENERGY_GROUP_INC |
| 38079--2/28/2008--FOREST_OIL_CORP |
| 277924--1/14/2009--CREDO_PETROLEUM_CORP |
| 912750--2/29/2008--NEWFIELD_EXPLORATION_CO_/DE/ |
| 38079--3/2/2009--FOREST_OIL_CORP |
| 1171486--2/28/2007--NATURAL_RESOURCE_PARTNERS_LP |
| 277924--1/7/2010--CREDO_PETROLEUM_CORP |
| 315852--2/27/2007--RANGE_RESOURCES_CORP |
| 315852--2/23/2006--RANGE_RESOURCES_CORP |
| 1106935--3/17/2008--IVANHOE_ENERGY_INC |
| 799235--12/14/2007--ERHC_Energy_Inc |
| 870732--3/31/2010--American_Natural_Energy_Corp |
| 23194--3/16/2006--COMSTOCK_RESOURCES_INC |
| 23194--2/25/2009--COMSTOCK_RESOURCES_INC |
| 912750--3/3/2006--NEWFIELD_EXPLORATION_CO_/DE/ |
| 315852--2/27/2008--RANGE_RESOURCES_CORP |
| 858470--2/28/2007--CABOT_OIL_&_GAS_CORP |
| 1163165--2/27/2006--CONOCOPHILLIPS |
| 1019756--3/21/2006--MARKWEST_HYDROCARBON_INC |
| 1021010--3/14/2006--EDGE_PETROLEUM_CORP |
| 61398--10/9/2007--MAGELLAN_PETROLEUM_CORP_/DE/ |
| 61398--9/25/2008--MAGELLAN_PETROLEUM_CORP_/DE/ |
| 750561--2/28/2007--PARALLEL_PETROLEUM_CORP |
| 924805--6/16/2008--BMB_MUNAI_INC |
| 1080399--8/13/2008--ROYALITE_PETROLEUM_CO_INC. |
|