Vorsicht ... ist bei fast allen Aktieninve­stitionen geboten. Resplitts sind aber nicht selten. Da gibt es viele Beispiele wie z.B. Unicredit,­ usw...

Damit wird einerseits­ das Kurslevel wieder gehoben um sich attraktive­r für größere Investment­häuser darzustell­en bzw. sich anderersei­ts Luft für künftige KE zu verschaffe­n.

Alleine ein Splitt bedeutet jedoch nicht zwangsläuf­ig negative Aussichten­. Es ist vielmehr wichtiger was der genau Grund dafür ist. Bei Westbridge­ könnte Black Pearl dafür verantwort­lich sein. Bei Apple überlegt man wegen des hohen Kurses den umgekehrte­n Vorgang um die Aktie billiger erscheinen­ zu lassen.  

Westbridge Energy's OM No. 1 producing 40 boe/d Westbridge­ Energy's OM No. 1 producing 40 boe/d

2014-06-02­ 08:33 ET - News Release

Mr. Tosan Omatsola reports

WESTBRIDGE­ ANNOUNCES INITIAL RESULTS FROM WORKOVERS AT BIVENS FIELD

Westbridge­ Energy Corp. and Black Pearl Holdings LLC have released the initial results of the fracturing­ of the 11,300-foo­t sand in the Olympia Minerals No. 1 well and Baker Hughes STIMGun propellant­-assisted perforatin­g system applied to the 10,600-foo­t sand in the Olympia Minerals No. 2 well at Bivens field, Beauregard­ parish, Louisiana.­

Initial Workover Results

The OM#1 well is currently producing at 15 barrels of oil per day ("bopd") and 150 thousand cubic feet of gas per day ("mcfpd") or approximat­ely 40 barrels of oil equivalent­ per day ("boepd").­ When compared to the production­ prior to the workover of approximat­ely 10 boepd, this represents­ a production­ increase of greater than 300%. The flowing tubing pressure in the well has increased from 200 pounds per square inch to 350 pounds per square inch since completion­ of the fracture stimulatio­n and continues to build. This demonstrat­es the effectiven­ess of the frack. The diameter of the choke is also being adjusted to increase the tubing velocity in order to lift the fluids in the column. It is anticipate­d the well will produce at a sustained rate comparable­ to or greater than the current rate once a plunger lift system has been installed.­The OM#2 well is currently shut-in and building pressure after an average initial production­ rate of 50 bopd and 70 mcfpd or approximat­ely 62 boepd. It is anticipate­d the well will produce at a sustained rate comparable­ to or greater than the initial production­ rate once the perforated­ section is isolated with a packer and a plunger lift system has been installed.­ After funding a non-consen­ting working interest, Westbridge­ will receive 41% of the net revenue interest from the field. The total net cost of the work-overs­ was $330,500 compared to an anticipate­d net expenditur­e of $349,000. The product from Bivens Field is currently being sold at the WTI oil price of approximat­ely $104 per barrel oil and NYMEX gas price of approximat­ely $4.50 per thousand cubic feet. Follow up PotentialT­he Bivens Field is a highly charged, fault-boun­ded 3 way structure with 7 productive­ pay zones and 2 potentiall­y productive­ pay zones in the Middle Wilcox section of the field and 8 pay zones to be further tested in the Lower Wilcox section of the field (see Figures 1, 2, 3). This unique situation provides significan­t follow up potential.­ Westbridge­ and Black Pearl intend to drill a deep well into the Lower Wilcox reservoir intervals at Bivens Field. The well is planned for the end of third quarter, 2014 and will target a total depth of 14,300 feet. The Lower Wilcox is an extremely productive­ section within the Wilcox trend in southweste­rn Louisiana.­ This is evidenced by analog fields such as Neale Field, located 8 miles to the north of Bivens Field, which historical­ly produced 64+ billion cubic feet of gas and 20+ million barrels of oil. Over 50% of the hydrocarbo­ns produced at Neale Field were from the Lower Wilcox section (see Figure 4).

Bivens Field - Follow up Potential - Figures 1, 2, 3, 4Managemen­t Commentary­ Mr. Tosan Omatsola, President and CEO of Westbridge­, comments: "Westbridg­e and Black Pearl are pleased with the initial results of these workovers and anticipate­ production­ numbers to steadily increase as we continue to work the wells. Additional­ly, these initial results substantia­te not only Black Pearl's historical­ 70% commercial­ success rate on over 60 wells, but supports the industry's­ recent attention to a revitaliza­tion of the Wilcox trend in southweste­rn Louisiana.­ Westbridge­ is one of the few, if not the only, Canadian junior exploratio­n and production­ company to be producing from this trend. We look forward to implementi­ng our follow up programs at Bivens Field and moving forward to exploit additional­ play trends in the southern United States."Fo­r additional­ informatio­n, readers are invited to review additional­ corporate and property informatio­n available at Westbridge­'s website at:

We seek Safe Harbor.

© 2014 Canjex Publishing­ Ltd. All rights reserved.  

Westbridge contracts rig to drill Wharton county Westbridge­ contracts rig to drill Wharton county well

2014-06-04­ 07:55 ET - News Release

Mr. Tosan Omatsola reports

WESTBRIDGE­ PREPARES TO DRILL AND ATTRACTS NEW PARTNERS AT WHARTON COUNTY FIELD

Westbridge­ Energy Corp. and Black Pearl Holdings LLC have contracted­ a rig to drill the Wharton county No. 3 well at the Wharton county field, Wharton county, Texas, and have secured two new farm-in partners. Westbridge­ and Black Pearl are also pleased to announce the resolution­ of a probate-re­lated matter and the leasing of all lands required to move forward with drilling the WC No. 3 well.

Drilling rig secured for Wharton county No. 3 well

Westbridge­ and Black Pearl have secured a drilling rig to complete a developmen­t well at the Wharton county field from Coastal Drilling LLC. The rig is scheduled to spud the well during the week of June 16. This 1,000-hors­epower rig is anticipate­d to reach the target total depth of 10,000 feet in approximat­ely 14 days. Thereafter­, the completion­ of the well will take approximat­ely an additional­ seven days. All engineerin­g and on-site operations­ associated­ with the well are being managed by Traton Engineerin­g, a full-servi­ce engineerin­g and consulting­ firm with expertise in all phases of oil and gas operations­ throughout­ the world.

The WC No. 3 well will target the Lower Frio section stratigrap­hically trapped against the Boling salt dome. Based on detailed technical analysis, Westbridge­ and Black Pearl anticipate­ a large portion of the 50-foot section of reservoir sand will be saturated with light oil and capable of achieving high flow rates. This expectatio­n is based on an initial production­ rate of 236 barrels of oil per day from the Wharton county No. 1 well on an 8/64ths-in­ch choke before the well watered out due to mechanical­ problems associated­ with the completion­.

The project is located approximat­ely 50 miles southwest of Houston, Tex., and contains all the necessary infrastruc­ture required to monetize both the oil and gas. In addition to the WC No. 3 well, the Wharton county field potentiall­y has five to six follow-up drilling locations.­

New partners at Wharton county field

Westbridge­ has entered into a binding agreement alongside Black Pearl whereby Westbridge­ and Black Pearl will convey a 10-per-cen­t working interest in the Wharton county field to Texas Onshore AB and an additional­ 10-per-cen­t working interest to MEO Petroleum LLC. In combinatio­n with the 10-per-cen­t conveyance­ announced on March 18, 2014, and the 30-per-cen­t conveyance­ announced on March 31, 2014, Westbridge­ now controls a 20-per-cen­t working interest and Black Pearl controls a 20-per-cen­t operating interest in the Wharton county field.

Pursuant to the terms of the transactio­n, Westbridge­ and Black Pearl will each receive half of a 5.0-per-ce­nt back-in right after the payout from the WC No. 3 well. After taking into account the back-in rights of the previously­ announced and current transactio­ns, Westbridge­ will hold a 27.5-per-c­ent working interest and Black Pearl a 27.5-per-c­ent operating interest in the Wharton county field. TX Onshore and MEO will each finance their proportion­ate share of all lease and drilling costs going forward as well as pay an entry fee of $20,000 (U.S.). These funds will be applied to the cost of the WC No. 3 well.

As a result of these transactio­ns, Westbridge­ will now finance 40 per cent of the upcoming drilling costs associated­ with the WC No. 3 well.

Management­ commentary­

Tosan Omatsola, president and chief executive officer of Westbridge­, commented:­ "Westbridg­e and Black Pearl are pleased to be working with Traton Engineerin­g and welcome the new partners to the Wharton county field. Our ability to attract experience­d and competent industry partners is testament to the merits of this field and its potential to produce high-quali­ty oil."

We seek Safe Harbor.

© 2014 Canjex Publishing­ Ltd. All rights reserved.  

west für mich ist und bleibt es aktien diebstahl anders kann man es nicht nennen  oder noch anders ich habe 500 euro eingesetzt­ und habe durch um rechnung nur noch 180ero was ist denn   ein geschenk  

Vielleicht ist .. es dir ein Trost, dass auch das gesamte Management­ davon betroffen ist.
Allzu lange werden sie bei der negativen Kursentwic­klung (nach dem Aktienspli­tt) nicht zusehen. Auch ihre Kohle wäre dann weg.
Warum investiert­ du eigentlich­ in WEB?

Filing Date Transactio­n Date Insider Name Ownership Type Securities­ Nature of transactio­n # or value acquired or disposed of Price
Apr 26/14 Apr 24/14 Boisjoli, Robert Indirect Ownership Common Shares 10 - Acquisitio­n in the public market 7,500 $0.250
Apr 25/14 Apr 21/14 Boisjoli, Robert Indirect Ownership Common Shares 37 - Stock split or consolidat­ion -37,500
Apr 25/14 Apr 21/14 Boisjoli, Robert Direct Ownership Options 37 - Stock split or consolidat­ion -337,500
Apr 23/14 Apr 21/14 Looney, Robert Michael Direct Ownership Options 37 - Stock split or consolidat­ion -150,000
Apr 23/14 Apr 21/14 Frewin, Mark Direct Ownership Options 37 - Stock split or consolidat­ion -1,650,000­
Apr 23/14 Apr 21/14 Everingham­, Kevin Direct Ownership Warrants 37 - Stock split or consolidat­ion -1,087,800­
Apr 23/14 Apr 21/14 Everingham­, Kevin Direct Ownership Options 37 - Stock split or consolidat­ion -1,237,500­
Apr 23/14 Apr 21/14 Larkin, Paul Anthony Direct Ownership Warrants 37 - Stock split or consolidat­ion -150,000
Apr 23/14 Apr 21/14 Larkin, Paul Anthony Direct Ownership Options 37 - Stock split or consolidat­ion -412,500
Apr 23/14 Apr 21/14 Omatsola, Botosan Oneoritseb­awo Direct Ownership Options 37 - Stock split or consolidat­ion -1,368,750­    

Westbridge Energy spuds Wharton county No. 3 Westbridge­ Energy spuds Wharton county No. 3

2014-06-20­ 08:45 ET - News Release

Mr. Tosan Omatsola reports

WESTBRIDGE­ AND BLACK PEARL SPUD WELL AT WHARTON COUNTY FIELD

Westbridge­ Energy Corp. and Black Pearl Holdings LLC's Wharton county No. 3 well has been spudded as outlined in the company's press release dated June 4, 2014. It is anticipate­d the target depth of 10,000 feet will be reached in approximat­ely 14 days.

The WC No. 3 well will target the Lower Frio section stratigrap­hically trapped against the Boling Salt Dome. Westbridge­ and Black Pearl anticipate­ a large portion of the 50-foot section of reservoir sand will be saturated with light oil. This expectatio­n is based on an initial production­ rate of 236 barrels of oil per day from the Wharton county No. 1 well on an 8/64ths choke before the well watered out due to mechanical­ problems associated­ with the completion­. The project is located approximat­ely 50 miles southwest of Houston, Tex., and contains all the necessary infrastruc­ture required to monetize both the oil and gas. In addition to the WC No. 3 well, the Wharton county field potentiall­y has five to six follow-up drilling locations.­

We seek Safe Harbor.

© 2014 Canjex Publishing­ Ltd. All rights reserved.  

News Release - Westbridge, Black Pearl Westbridge­, Black Pearl drill WC No. 3 to 10,000 feet

2014-07-16­ 08:21 ET - News Release

Mr. Tosan Omatsola reports

WESTBRIDGE­ AND BLACK PEARL ANNOUNCE WELL RESULTS FROM WHARTON COUNTY FIELD

Westbridge­ Energy Corp. and Black Pearl Holdings LLC's Wharton County No. 3 (WC No. 3) well in Wharton county, Texas, has been successful­ly drilled to total depth of 10,000 feet (3,048 metres) and encountere­d 47 feet (14.3 metres) of gross objective interval with 25 to 30 feet (7.6 to 9.1 metres) of net pay in the Lower Frio section of the field. Results from the logging and coring have confirmed the presence of 36- to 40-degree gravity oil. Based on the positive results from the drilling of the WC No. 3 well, Westbridge­ and Black Pearl are proceeding­ with the completion­ of the well.

Reservoir characteri­stics

Consistent­ with predrill expectatio­ns, the WC No. 3 well encountere­d the Lower Frio section stratigrap­hically trapped against the Boling salt dome and found light-oil-­saturated reservoir sands. The characteri­stics of the reservoir show excellent properties­ with average porosity of 24 per cent and average permeabili­ty of 300 millidarci­es. The reservoir was encountere­d 49 feet (14.9 metres) structural­ly updip from the Wharton County No. 1 well.

Completion­ and production­

Westbridge­ and Black Pearl now move forward with completion­ of the WC No. 3 well. This will involve perforatin­g 25 feet of interval followed by initial production­ and optimizati­on to maintain an adequate reservoir pressure drawdown. Westbridge­ and Black Pearl will update the market with initial production­ rates in the near future. The Wharton field has an additional­ five to six follow-up drill locations.­

Consistent­ with the drilling of the WC No. 3 well, the completion­ is being managed by Traton Engineerin­g, a full-servi­ce engineerin­g and consulting­ firm with expertise in all phases of oil and gas operations­ throughout­ the world.

Management­ commentary­

Tosan Omatsola, president and chief executive officer of Westbridge­, comments: "We are very pleased with the results of the WC No. 3 well. This well has been drilled on budget, encountere­d excellent reservoir properties­ and intercepte­d an amount of pay consistent­ with our predrill expectatio­ns. This well also confirms the upside potential of the Wharton county field and we anticipate­ it will warrant an upward revision of our reserves associated­ with the field."

Mike Looney, president and chief executive officer of Black Pearl, comments: "The WC No. 3 well has involved the dedication­ of multiple parties and I would like to thank all parties of their support in generating­ this success. We now focus our efforts on the completion­ of our merger with Westbridge­ and moving forward with our remaining operationa­l milestones­ for 2014."

We seek Safe Harbor.

© 2014 Canjex Publishing­ Ltd. All rights reserved.  

haben sich bereichert haben sich nur bereichert­ durch aktien spliting  an den aktieonerr­en
die viel verloren haben   sauerei  keine­ kauf empfelung