Oil and gas investor news alert for Osage Exploration and Development, Inc. (OTCBB: OEDV
Oklahoma Mississippian horizontal player reports expansion of Nemaha Ridge Mississippian prospect, with Partners Slawson Exploration Company and US Energy Development Corporation
Point Roberts, WA. June 21, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues an oil and gas investor news alert for Osage Exploration and Development, Inc. (OTCBB: OEDV). The Company reported yesterday that along with its partners, Slawson Exploration Company and US Energy Development Corporation, it continues to expand the Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
The stock has moved from $0.18 to its current range of high $0.20’s and low $0.30 cents since it originally announced its partnership with Slawson Exploration Company and US Energy Development Corporation.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
More about Osage (OTCBB: OEDV)
Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Company Q&A: Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV), Following News of Joint Venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
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