Unbridled Energy Corporation TICKER: TSX.V:UNE DESCRIPTION: Unbridled Energy Corp. has developed a concentrated strategy for the exploration and development of large-scale unconventional natural gas resource opportunities throughout North America. More specifically, the company’s business comprises the acquisition and/or development of lower risk oil and natural gas reserves, while simultaneously exploring large-scale unconventional gas resources with specific emphasis on shale gas and tight gas sands.
The information below is based on the most recent information we have
received from analysts and the companies participating in The Energy Report.
We encourage you to visit the company's web site for updates.
The Uranium Report
"Unbridled Energy, and its Joint Venture Partner, Equitable Production Company, a unit of Equitable Resources, Inc. together have successfully drilled the three planned horizontal test wells in the Lower Huron Formation of the Devonian Shales in south central, Ohio. These wells are drilled to a vertical depth of approximately 1,800 feet with a 2,500 ft lateral. The three wells were stimulated using either seven or eight hydraulic fracture treatments and are currently being flow tested." (7/10/08)
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MarketWatch.com
The Uranium Report
"Unbridled, the Operator and its Joint Venture Partner, Equitable Production Company, a unit of Equitable Resources, Inc. ("Equitable"), together ("the Partners") have successfully drilled the three planned horizontal test wells (2500 ft. laterals) in the Lower Huron Formation of the Devonian Shales in south central Ohio. The three wells were stimulated using either seven or eight hydraulic fractures treatments and are being flow tested." (6/12/08)
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money.cnn.com
The Uranium Report
"Investors in Unbridled Energy Corp. showed expressed wild enthusiasm for the natural gas play on Monday, driving shares in the company 35% higher with more than 2 million shares trading hands. At 2:45 p.m. ET, the stock was up 9˘ to 36˘.
Late last Thursday, Unbridled said that it was increasing the total amount of its private placement first announced on March 18 from $5-million to $7-million.
The company said the offering is being increased due to increased investor interest and joint venture opportunities for the company in the Marcellus shale play in the Appalachian Basin, with a primary focus in Pennsylvania.
The company also said that a portion of the additional proceeds will be applied to drilling six wells of a planned 10-well drilling program in New York State, increased from the original plan to drill five wells.
As originally announced, the private placement financing will offer a combination of units at a price of 30˘ per unit and flow-through shares at a price of 33˘ per flow-through share each unit will comprise one common share and one-half of one warrant. " (4/28/08)
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FP Trading Desk
The Uranium Report
With conventional gas reserves rapidly depleting in the lower 48 states in the US, the development of unconventional sources have assumed increased priority. Unbridled Energy is an emerging unconventional gas play with assets in the eastern US Appalachian Basin and the Western Canadian Sedimentary Basin. Headed by a team of industry specialists with the requisite technical expertise, Unbridled expected to become a name to reckon with. (9/07)
-SAM KIRI, PROACTIVE INVESTORS
The Uranium Report
"...shares for Unbridled Energy may never be as low as they are today...it's shaping up as my best discovery yet...Unbridled Energy's breakthrough drilling technology, for the first time, economically extracts precious gas from previously ignored and inaccessible, shale-protected reservoirs...new technology pumps up productivity from 100,000 cubic feet a day to 3 million...the natural gas supply-demand gap will propel Unbridled Energy sky high: buy now for monster gains..."(8/22/07)
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Stock Prospector