NEWSROOM

Oil

Principal Solar Releases Letter to Shareholders

  Letter Provides Updates on the Company’s Acquisitions, Investments, Strategic Plans, and Future Activities in Heavy Electric Vehicles, Environmentally Friendly Oil and Gas Operations, Others   DALLAS, TEXAS, Jan. 11, 2022 -- McapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor...

read more

CGrowth Capital Provides Update on Bahamian Petroleum Project and Corporate Activity

    BREMERTON, WA, Dec. 15, 2021 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to provide shareholders with an update on the Bahamian Petroleum Project (the “Project”) previously announced in November. The Project includes the rights, title and interest in long-term leases of land situated within the Bahamas (in excess of 8,000 acres) at the target site and necessary one-off project-specific Government Permissions. The WBS Organization (“WBS”),...

read more

SOUTHERN ITS INTERNATIONAL, INC. SUBSIDIARY ENTERS INTO A CONSULTING AGREEMENT WITH MESA RESOURCES INC.

Palm Desert, CA, Dec. 14, 2021 -- McapMediaWire -- Southern ITS International, Inc. (OTC Pink: SITS) announced today that its wholly-owned subsidiary, Pure Oil and Gas, Inc., has entered into a Consulting Agreement with Mesa Resources, Inc., of Plano, Texas. James Shipley, President of Southern ITS International, Inc., said, "We are pleased to announce that our subsidiary, Pure Oil and Gas, Inc. (Pure) has entered into a consulting agreement with Mesa Resources, Inc. (Mesa). Mesa, through its...

read more

Xfuels Enters Milestone LOI to Acquire 516 Oil and Gas Wells Across Oklahoma and Kansas

  Calgary, Alberta, Nov. 29, 2021 -- McapMediaWire -- Xfuels, Inc. (OTC PINK: XFLS) has entered a letter of intent to purchase 100% of the common stock of Jubilee Exploration, LLC, an oil and gas producer that currently controls 516 wells across 10 counties in North East Oklahoma and South East Kansas.  This will mark the largest acquisition in Xfuels’ history. Post-acquisition, Xfuels plans to focus on increasing oil and gas production from a core group of 142 Jubilee wells located in...

read more

Xfuels Renegotiates Convertible Debenture

  Calgary, Alberta, Nov. 22, 2021 -- McapMediaWire -- On October 12th, 2021, Xfuels Inc. (OTC Pink: XFLS) announced that CEO Mike McLaren has elected to convert his convertible promissory note of $1.3 million into 125 million shares of restricted common stock. After further consideration, Mr. McLaren has since elected to rescind that decision and renegotiate the convertible note to a fixed interested bearing secured instrument without a conversion option. This renegotiation of the note...

read more

SINO AMERICAN OIL COMPANY PARTNERS WITH SRAX, INC.

  Cheyenne, WY, Nov. 18, 2021 -- McapMediaWire -- Sino American Oil Company, (OTC PINK: OILY) $OILY, an emerging Oil and Gas exploration company, announces it has signed an agreement to engage SRAX (NASDAQ: SRAX) $SRAX, a digital marketing and consumer data-management technology company, to assist in its investor outreach and growth initiatives.     "In a recent survey, the Brokerage firm Schwab found that these new investors are not just young people. They are also an older...

read more

Galenfeha Inc. Reports Third Quarter 2021 Results and Guidance for Year End 2021

  West Palm Beach, Florida, Nov. 17, 2021 -- McapMediaWire -- Galenfeha, Inc. (OTC Pink: GLFH) (the “Company” or “Galenfeha”), an emerging leader in the development and scaling of businesses in the automotive, oil and gas, and real estate sectors is pleased to announce financial and operating results for the third quarter 2021. The third quarter reflected a 32.3% increase in top-line revenue to $ 696,442 with each operating entity contributing to the positive trend. Net loss for the...

read more

Allied Energy Corporation Outlines Current Activities at the Prometheus Lease

  Carrollton, Texas, Nov. 16, 2021 -- McapMediaWire -- Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide progress updates regarding the Company's newly acquired 325-acre Prometheus Lease location. Beginning last week at the Prometheus site, Allied began executing the plan to bring the Prometheus Well 1H back online. When Prometheus Well 1H was...

read more

SINO AMERICAN OIL COMPANY SIGNS MOU WITH ESTACADO ENERGY, LLC FOR PURCHASE OF OIL PRODUCING PROPERTY IN TEXAS

  Cheyenne, WY, Nov. 16, 2021 -- McapMediaWire -- Sino American Oil Company, (OTC PINK: OILY) ($OILY), an emerging Oil and Gas exploration company, is pleased to announce the signing of a Memorandum of Understanding with Estacado Energy, LLC.     The team at Sino American Oil Company has been working diligently to locate and secure a producing Oil asset that has significant potential to create value for the company and its shareholders. In doing so, the Company has located and...

read more

CGrowth Capital Executes Consulting Agreement with Stallion Energy Group to Support Petroleum Projects

  BREMERTON, WA, Nov. 11, 2021 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") an alternative asset management company, is pleased to announce that it has executed a master consulting agreement with Stallion Energy Group LLC of Houston, Texas to support the exploration, development, and production of its oil and gas operations in the US and Bahamas.  The Stallion team, comprised of professionals and entities with over 100+ years of combined experience, was...

read more

Allied Energy Corporation Provides Updates on the Gilmer Lease Projects

  Carrollton, Texas, Nov. 11, 2021 -- McapMediaWire --Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide updates regarding the Company's Gilmer lease projects. Allied is pleased to provide a short recap of activities currently underway at the Gilmer Lease. located about thirty miles north of Breckenridge, Texas. Gilmer Well 1 and Gilmer Well 5 are...

read more

SOUTHERN ITS INTERNATIONAL LAUNCHES PURE OIL & GAS INC.

Palm Desert, CA, Nov. 09, 2021 -- McapMediaWire -- Southern ITS International Inc., (OTC Pink: SITS) is pleased to announce the launch of Pure Oil & Gas, Inc., a Wyoming corporation, as a wholly-owned subsidiary, to add to our growing family of energy solutions and products. James Shipley, President of Southern ITS International, Inc., said, “The global transition, which the energy world is experiencing, is moving fast, adding new components to the energy puzzle, and reducing others.  The...

read more

CGrowth Capital Moves All-In with One of a Kind Bahamian Petroleum Project

  BREMERTON, WA, Nov. 03, 2021 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce that it has executed a Letter of Intent (LOI”) with WBS Organization (“WBS”), a multinational business services organization specializing in funding, collateralization, and associated services, to acquire the rights, title and interest in their Bahamian Petroleum Project (the “Project”). The Project includes long-term leases of land situated within the Bahamas...

read more

Xfuels Announces Strategic Move to Capitalize on $1 Trillion Infrastructure Bill Currently Being Negotiated by Congress

  Calgary, Alberta, Oct. 18, 2021 -- McapMediaWire -- Xfuels, Inc. (OTC Pink: XFLS) has begun to deploy its talent and resources in the state of Texas to assist in plugging and reclaiming hundreds of thousands of abandoned, environmentally hazardous oil wells. Through its recently-formed U.S. subsidiary, Cycle Energy Services, Inc., the company has chosen to bring its expertise in oil well reclamation to the United States at a strategically calculated moment in time, when changing...

read more

Allied Energy Achieves Oil Production at the Gilmer Lease Wells

  Carrollton, Texas, Oct. 14, 2021 -- McapMediaWire -- Allied Energy Corp  (OTC Pink: AGYP), an oil and gas company focused on leasing and reworking oil and gas projects in Texas, is pleased to announce that the Company is successfully producing oil at three of the wells located on the Gilmer Lease. Throughout the month of September, Allied ground crews were focusing their efforts at the Gilmer Lease site and on wells number 1, 2, and 5, specifically. Since October 11, 2021, Allied is...

read more

Xfuels Announces Elimination of $1,468,638 in Derivative Liability

Calgary, Alberta, Oct. 12, 2021 -- McapMediaWire -- XFuels, Inc. (OTC Pink: XFLS) CEO Mike McLaren has elected to convert his convertible promissory note of $1.3 million into 125 million shares of restricted common stock. This conversion will eliminate $1,468,638 of derivative liability from Xfuels’ balance sheet and enable the company to reinvest a greater percentage of its capital into future growth, as opposed to meeting ongoing debt service obligations. McLaren stated, “I am fully...

read more

AGRISOLAR SOLUTIONS, INC. (AGSO) GRANTED DEFAULT JUDGMENT TO CANCEL 33,544,602 RESTRICTED SHARES OF ITS OUTSTANDING COMMON STOCK

  Tucson, Arizona, Oct. 11, 2021 -- McapMediaWire -- Publicly-held AgriSolar Solutions, Inc. (OTC PINK: AGSO) ("AgriSolar") announces that it was granted a default judgment to cancel approximately 53% of its restricted shares of its issued and outstanding common stock. On October 7th, 2021 in the 2nd Judicial district court of Denver County, Colorado, the shares were deemed to have been improperly issued, and the court has ordered them to be canceled.     The Company will be...

read more

Allied Energy Acquires The Prometheus Lease

  Carrollton, Texas, Oct. 06, 2021 -- McapMediaWire -- Allied Energy Corp (OTC Pink: AGYP), an oil and gas company focused on leasing and reworking oil and gas projects in Texas, is pleased to announce that the Company has completed the acquisition of the 325 acre Prometheus Lease located in Garza County, Texas. Our interest at the Prometheus Lease is the 28 Unit Well 1H, which was producing approximately 200 barrels of oil per day and 300,000 cubic feet of natural gas per day as recently...

read more

Xfuels Announces Entry into Texas Oil & Gas Market

Calgary, Alberta, Oct. 05, 2021 -- McapMediaWire -- Today, Xfuels Inc. (OTC Pink: XFLS), a Calgary-based energy company, announces its entry into the Texas energy market with the formation of a new Texas subsidiary, Cycle Oil and Gas Inc. The first objective of Xfuels’ new subsidiary will be to acquire Texas-based oil and gas assets. Some of those assets include operations that have serviced some of the largest energy companies in the United States, including Shell Oil, PetroHawk Energy, and...

read more

Allied Energy Corporation Achieves Oil Production At Green Lease Site

    Carrollton, Texas, Sept. 16, 2021 -- McapMediaWire -- Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas projects in the state of Texas, is pleased to announce that the Company has successfully achieved ongoing oil production at their Company's Green Lease site. The Company has successfully reworked Well M-1 and Well X-3 located at the Green Lease Site in Baylor County Texas. The two Wells are fully online and due to the design of...

read more

MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary

  Carrollton, Texas, Aug. 24, 2021 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin with the transfer of assets to MDM Energy, Inc. “Today we have received the executed P-4’s for the transfer of the Peacock oil and gas well in Wise County and the Brown Lease in Nolan County.” Stated Michael L. Rafael, President and CEO. The Peacock well is a gas well that also produces a small...

read more

Principal Solar Improves Balance Sheet, Engages Financial Auditor

Convertible Note Paid and Satisfied; Texas-based Accounting Firm Whitley Penn Engaged to Perform Audit as Part of Principal’s Anticipated Path to Fully Reporting Status ALLAS, TEXAS, Aug. 24, 2021 -- McapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and...

read more

Xfuels Inc. Signs Supply and Offtake Agreement for Biodiesel Plant

  Calgary, Alberta, August 16, 2021 - MCapMediaWire - Xfuels Inc.  (OTC PINK: XFLS) is pleased to report that the company has signed an oilseed supply and biodiesel off-take agreement with an Indigenous-owned company  Infinity  Petroleum Energy Resources Inc. The company will purchase from  Infinity  Energy oilseed for its biodiesel production as wells as Infinity Energy will market Xfuels biodiesel product. Mr. Michael McLaren states, "Infinity Energy had previously negotiated long- term...

read more

MDM Permian, Inc. – Permian Basin Updates

  Carrollton, Texas, August 10, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin. Building value in the ground, with permits issued, reserves assessed, continuing audit services, and 2nd Quarter financials posted. “We are very excited about the growth we are able to achieve during the second quarter of 2021 and look forward to continued growth in the 2nd half of the year.” Stated...

read more

Principal Solar and IntelliMedia Networks to Collaborate with GohTV to Provide Environmental Awareness Education Programming

  Collaboration to Focus on Educational Programming for Worldwide African Viewership; Content Intended to Fill Critical Information Gap Not Served by Other Streaming Providers   DALLAS, TEXAS, August 3, 2021 – McapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor...

read more

Xfuels Inc. to produce Biodiesel at Bieseker plant

  Calgary, Alberta, August 3, 2021 - McapMediaWire - Xfuels Inc. (OTC Pink: XFLS) is pleased to report the company will begin to produce biodiesel (B100) at its Bieseker plant.     The company will purchase and install a continuous biodiesel production system capable of processing 50 barrels per hour, with the ability to expand the unit to 100 barrels per hour. Mr. Michael McLaren states, “With access to our own power production as well as an abundance of oilseed and methanol in...

read more

Allied Energy Corporation Engages Official Petroleum Engineer To Publish an Engineering and Economic Report On Allied Leases

  Carrollton, Texas, July 22, 2021 -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas projects in the state of Texas, is pleased to announce that Petroleum Engineer Mark McBryde has begun work on a Reserve Report detailing proved, probable and possible reserves on all of Allied's current leases. Mr. McBryde will first provide an executive summary of each separate lease detailed on the Engineering Report beginning with...

read more

MDM Permian, Inc. – Permian Basin/Ft. Worth Basin Acquisitions

  Carrollton, Texas, July 20, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin of Texas. MDM Permian, Inc. today announced the acquisition of up to 3 more wells, 2 in Nolan County (Permian Basin), and 1 in Wise County (Ft. Worth Basin). We are proud to announce the engagement of MDM Energy, Inc., our operating company, taking over operations of the Brown lease (2 existing wells) in Nolan County. The...

read more

MDM Permian, Inc. – Permian Basin Acquisitions Continue

  Carrollton, Texas, July 16, 2021 - MCapMediaWire -  MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin, as WTI holds in the $75. per barrel range. MDM Permian, Inc. today announced the coming acquisition of up to 8 more wells in the Irion County area of interest. The acquisitions are being secured from local operators. The purchase of 6 wells on 3 leases, all producing from Canyon Sands with behind pipe potential, is in the...

read more

Xfuels Inc. Shareholder Update July 2021

  Calgary, Alberta, July 08, 2021 - McapMediaWire - Xfuels Inc.  (OTC PINK: XFLS) is pleased to report the following Shareholder update. Corporate Matters  On June 25th, 2021, the company upgraded its status to Pink Current on OTC Markets by filing its outstanding disclosures, Phase 1 of our corporate plan is now completed.   The company has started Phase 2 of our corporate plan which will include audited financials and applying for OTCQB status under OTC Markets Alternative Reporting...

read more

Categories

Mcap MediaWire - Costumer Service

Translate »