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Oil & Gas Industry News Highlights

August 22, 2010 (FinancialWire, The Small Cap News Leader) (Go to http://www.financialwire.net/?s=olgssglo for more articles like these.) — Recent oil and gas industry news includes Geokinetics Inc. (AMEX: GOK), Sun River Energy Inc. (OTCBB: SNRV), Gastar Exploration Ltd. (AMEX: GST), Kodiak Oil & Gas Corp. (AMEX: KOG), Hemiwedge Industries Inc. (OTC: HWEG), and others:

Cayon Named Geokinetics Interim CFO — Geokinetics, Inc. (AMEX: GOK) said that Ronald D. Cayon has been appointed as the company's interim chief financial officer, effective August 19, pending completion of a search for a permanent replacement … (continued at http://www.financialwire.net/2010/08/20/cayon-named-cfo/).

Sun River Restructures Debt — Sun River Energy, Inc. (OTCBB: SNRV) said that on August 5 it converted an aggregate of $1,416,340.76 of principal and accrued but unpaid interest due on various promissory notes into equity … (continued at http://www.financialwire.net/2010/08/09/oil-gas-sun-river/).

Gastar Drills Middle Bossier Well — Gastar Exploration Ltd. (AMEX: GST) said that its Streater #1 well has been drilled to a depth of 17,800 feet, with around 83 net feet of pay encountered in the middle Bossier and upper Bossier formations … (continued at http://www.financialwire.net/2010/08/12/gastar-drills-well/).

Go to http://www.financialwire.net/?s=olgssglo for more articles like these.

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