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Oil&Gas

HOLIDAY ISLAND HOLDINGS, INC. PUTS THE LOI WITH SUPECA OIL TRADING USA, LLC ON HOLD AND PLEDGES TO CONTINUE WORKING ON THIS AND OTHER PROJECTS

HOLIDAY ISLAND HOLDINGS, INC. PUTS THE LOI WITH SUPECA OIL TRADING USA, LLC ON HOLD AND PLEDGES TO CONTINUE WORKING ON THIS AND OTHER PROJECTS

Plant City, FL, April 25, 2024 -- Holiday Island Holdings, Inc. (OTC: HIHI), pending name change to EP3OIL, Inc., as previously announced on February 20, 2024, HIHI entered into a Letter of Intent with Supeca Oil Trading USA, LLC wherein Supeca agreed to fully fund ($2,500,000) the acquisition and development of an oil field located in Central Texas known as the Drummond Oil Field. As both parties continue to recognize the potential of the project and because Supeca needs more time to release...

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EMPIRE PETROLEUM ANNOUNCES COMMENCEMENT OF PREVIOUSLY ANNOUNCED RIGHTS OFFERING

EMPIRE PETROLEUM ANNOUNCES COMMENCEMENT OF PREVIOUSLY ANNOUNCED RIGHTS OFFERING

TULSA, Okla., March 7, 2024 - Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25.0 million. The Company is distributing at no charge to holders of its...

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EP3Oil, INC. BEGINS DEVELOPMENT OF OIL PRODUCTION OF THE WINDY POINTE OIL RESERVE IN CENTRAL TEXAS

EP3Oil, INC. BEGINS DEVELOPMENT OF OIL PRODUCTION OF THE WINDY POINTE OIL RESERVE IN CENTRAL TEXAS

Plant City, FL, March 07, 2024 - Holiday Island Holdings, Inc. - soon to be EP3Oil, Inc. (OTC: HIHI) has funded a $500,000 development of Windy Point Oil Field. Though a joint venture with the Royal Family Oil Investment, LLC., EP3OIL has acquired the rights and will begin drilling on a 40-acre oil field located in Central Texas. The Royal Family Oil Investment has agreed to provide the remaining funds necessary over the next 60 days. EP3Oil will receive 20% of the net revenue from oil...

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HOLIDAY ISLAND HOLDINGS, INC. PUTS THE LOI WITH SUPECA OIL TRADING USA, LLC ON HOLD AND PLEDGES TO CONTINUE WORKING ON THIS AND OTHER PROJECTS

EP3Oil ENTERS INTO AN LOI FOR DRILLING ON THE WINDY POINTE OIL RESERVE IN TEXAS

Plant City, FL, February 28, 2024 - Holiday Island Holdings, Inc. - soon to be EP3Oil, Inc. (OTC: HIHI) has a deal for a 40-acre lease and development of Windy Pointe in central Texas. The famed discovery hit a 800 bbl a day in 1984, and it has yet to be fully developed. Glenn Klinker and Mr. Alverico Asencio traveled with their team to central Texas to oversee the current Metcalf development and search for future projects with Benchmark Petroleum Partners. The development is partnered with...

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HOLIDAY ISLAND HOLDINGS, INC. PUTS THE LOI WITH SUPECA OIL TRADING USA, LLC ON HOLD AND PLEDGES TO CONTINUE WORKING ON THIS AND OTHER PROJECTS

HOLIDAY ISLAND HOLDINGS, INC. SECURES A LETTER OF INTENT TO ENTER INTO A JOINT VENTURE WITH A HIGHLY EXPERIENCED INTERNATIONAL OIL COMPANY TO DRILL FOR OIL IN TEXAS

Plant City, FL, February 20, 2024 -- Holiday Island Holdings, Inc., dba EP3OIL, (OTC: HIHI)  – operating in the Secondary Recovery of Oil & Gas Industry – has accepted a Letter of Intent to enter into a Joint Venture wherein it will receive $2.5 million from a highly experienced international oil company - Supeca Oil -  to develop the Drummond Oil Field located in West Texas. Projections on this field, as reported by Benchmark Petroleum Partners, indicated a significant increase...

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Federal Reserve “Increasingly Confident” Policy Positioned to Slow Economy, Reduce Inflation; WTI and Brent Rebound from Morning Lows

Federal Reserve “Increasingly Confident” Policy Positioned to Slow Economy, Reduce Inflation; WTI and Brent Rebound from Morning Lows

NEW YORK, NY, November 28, 2023 - PRISM MarketView, a leading provider of unbiased market insight and company news, today provides its PRISM Emerging Oil & Gas overview. US equities were narrowly mixed in Tuesday afternoon trading as November consumer confidence increased to 102 on the index, ahead of economists’ expectations. The S&P 500 Energy Index was up +0.85% versus the S&P 500 which rose +0.33%. The XLE settled at +0.82% while the XOP rose by +0.77%. The day’s PRISM Oil...

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