Company Overview: Hydrocarb Energy

Industry News

30 Sep

Hydrocarb Reports FYE Oil Reserve Increase of 97%

Reserve Replacement Ratio over 1800% for Oil and 4100% for Gas HOUSTON, Sept. 30, 2015 /PRNewswire/ — Hydrocarb Energy Corporation (HECC) today announced that based on a new reserve report, as of July 31, 2015, the Company’s fiscal year end, that it realized a 97% year over year increase...

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27 Aug

Hydrocarb Energy Announces 31% Pay Down of Strategic Convertible Debt

HOUSTON, Aug. 27, 2015 /PRNewswire/ — Hydrocarb Energy Corporation (HECC) announced today that it has been successful in paying down strategic notes prior to conversion. Since January 2015, seven different of these strategic notes with varying amounts and conversion terms were sold, funded, and disclosed in the company’s SEC filings...

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26 Aug

Hydrocarb Well Flows 1000 MCF Gas and 20 Barrels of Oil

HOUSTON, Aug. 26, 2015 /PRNewswire/ — Hydrocarb Energy Corporation (HECC) disclosed that its Galveston Bay State Tract 247 well #198 has been completed at a rate of 1,000,000 cubic feet gas and 20 barrels oil per day, through a 16/64″ choke, from the Frio 10 formation. Chuck Dommer, President...

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24 Aug

Hydrocarb Completes Well at 1500 MCF Per Day

HOUSTON, Aug. 24, 2015 /PRNewswire/ — Hydrocarb Energy Corporation (HECC) disclosed it’s Galveston Bay State Tract 246 well #181 has been completed at a rate of 1,500,000 cubic feet gas per day, through a 12/64″ choke, from the Frio 7 formation. . Chuck Dommer, Chief Operations Officer stated. “This well was...

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12 Aug

Hydrocarb Receives Work Extension and Environmental Clearance from Namibia

HOUSTON, Aug. 11, 2015 /PRNewswire/ — Tuesday, August 11, 2015, Hydrocarb Energy Corporation (HECC) announced today that its subsidiary, Hydrocarb Namibia Energy Corporation (PTY) Ltd., “HNA”, has received a one year license extension and an environmental clearance to complete the 2D data acquisition portion of the Initial Exploration Period...

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10 Mar

Hydrocarb Energy Implements Strategic Financing

New financing to target development and acquisition Hydrocarb Energy Corporation (OTCQB:HECC) announced that it has raised approximately $0.96 million dollars of strategic cash pursuant to its financing plan initiated earlier this year. Information regarding the specific terms of the fund raising are described in the company’s Current Report on Form...

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8 Oct

Hydrocarb Energy Oil Production Increases 57% in September

After an extensive infrastructure improvements program begun in July 2014, Hydrocarb Energy Corporation (HECC), a domestic and international energy exploration and production company targeting major under-explored oil and gas projects in emerging, highly prospective regions of the world, today reported 6000 barrels of oil production during September 2014 from...

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29 Sep

Hydrocarb Energy (HEEC) Announces Engagement of ProActive Capital Group, LLC to Assist with Corporate Awareness

Hydrocarb Energy Corporation (HECC) today announced the hiring of New York City based ProActive Capital Group, LLC (PCG), a leading capital markets advisory and communication strategies firm, to assist with achieving investor and corporate awareness. PCG assists emerging and developing companies to achieve financial objectives through active, multi-channel engagement with...

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