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
"Effective December 31, 2007, Unbridled Energy changed its fiscal year from April 30 to December 31. As a result, the information reported for the third quarter of 2008 is compared to the three month period beginning August 1, 2007 and ending October 31, 2007. Highlights for the quarter include:
- A 550% gain in total revenue for the quarter ended September 30, 2008 to $448,090, compared to $68,832 for the quarter ending October 31, 2007. The revenue for the third quarter includes $228,560 in unrealized mark to market gain in commodity hedges.
- An increase in revenue from oil and gas sales of 266% to $194,473 for the quarter ended September 30, 2008, from $53,032 for the quarter ended October 31, 2007.
- Total expenses for the quarter declined 11% to $1,041,344 compared to $1,168,127 for the quarter ended October 31, 2007..."
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MarketWatch (11/20/08)
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)
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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
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