Adventure Energy Inc. (OTCBB: ADVE) is in the StockGuru Spotlight for May 14, 2009
DALLAS, TEXAS : StockGuru announces that Adventure Energy Inc. (OTCBB: ADVE) is in the StockGuru Spotlight. Adventure Energy, Inc., is an independent energy company principally engaged in the acquisition, exploration and development of mature long-lived oil and natural gas properties. The company’s current operations are concentrated in the Appalachian Basin within the states of Kentucky and West Virginia.
On Wednesday, the company put out news regarding the acquiring two additional oil and gas leases, totaling 373 acres, in Kentucky. The Company will maintain a 100% working interest, 87.5% net revenue interest in each of the 33 acre and 340 acre tracts located in Greene county and Monroe county respectively. The acquired leaseholds are in close proximity to the Company’s current drilling programs. With conservative spacing estimates, the Company projects that it will be able to drill up to 20 wells on the newly acquired leaseholds.
Shares for Adventure Energy Inc. (OTCBB: ADVE) were steady during the morning of trading Wednesday and closed up seven cents at closing
To view our StockGuru Spotlight on Adventure Energy Inc. (OTCBB: ADVE), please visit:
http://www.stockguru.com
What is the StockGuru Spotlight?
The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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