PRB Energy
From WikiCover
Having commenced operations in January 2004, PRB Energy has evolved into an exploitation and gathering company with development activities in the Rocky Mountain States. The Company is vertically integrated, combining upstream exploitation and production as well as midstream gathering and processing. This model is intended to increase PRB Energy's access to and acquisition of high-potential development properties at attractive prices, delivers cost savings and provides additional revenue through the gathering of third-party gas.
On June 28, 2007, PRB announced that it drilled its first well to the Niobrara formation in the Denver-Julesburg Basin in eastern Colorado and the electric logs indicate that, upon completion, the well will be commercial. The drilling rig ran and cemented casing and has moved to the second location. After drilling the first six to seven wells of the 14-well program, PRB will begin fracing and completing the wells.
On August 17, 2007, PRB Energy announced that Rick H. Lawler has agreed to join the company as vice president-finance. He will fill the position vacated by Daniel D. Reichel, who resigned from the company.
Website: http://www.prbenergy.com/