Last $3.60 USD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 8:10 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

hydrocarb energy corp (HECC) Snapshot

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05/8/14 - $9.25
52 Week Low
05/21/14 - $2.92
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hydrocarb energy corp (HECC) Details

Hydrocarb Energy Corporation is engaged in the acquisition, exploration, development, and production of oil and gas properties in the United States and onshore in Namibia, Africa. As of July 31, 2013, the company maintained developed acreage in onshore and offshore in Texas and Illinois; and produced oil and gas from its working interests in three wells onshore in Texas and in four offshore fields in Galveston Bay, Texas. It also holds a 39% non-operated working interest in a concession located onshore in Namibia, Africa. The company was formerly known as Duma Energy Corp. and changed its name to Hydrocarb Energy Corporation in February 2014. Hydrocarb Energy Corporation was incorporated in 2005 and is based in Houston, Texas.

12 Employees
Last Reported Date: 11/12/13
Founded in 2005

hydrocarb energy corp (HECC) Top Compensated Officers

Vice President of Operations
Total Annual Compensation: $185.0K
Compensation as of Fiscal Year 2013.

hydrocarb energy corp (HECC) Key Developments

Hydrocarb Energy Corporation Appoints Christine P. Spencer as Chief Accounting Officer

On June 13, 2014, Christine P. Spencer was appointed Chief Accounting Officer of Hydrocarb Energy Corporation. Christine P. Spencer, has been the controller of the company since February of 2013. During the previous four years, she was controller of Platinum Pressure Pumping for approximately two years, and controller of Holden Roofing Company. Ms. Spencer is a certified public accountant in Texas and has over 37 years of public and private accounting experience.

Hydrocarb Energy Corporation announced delayed 10-Q filing

On 06/17/2014, Hydrocarb Energy Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Hydrocarb Energy Corporation Commences an Environmental Assessment Program on Owambo Basin

Hydrocarb Energy Corporation has commenced an Environmental Assessment program on its 21,300 sq km (5.3 million acre) Owambo Basin concession comprising blocks 1714A, 1715, 1814A, 1815A in northern Namibia adjacent to the Angola border. Results from a recently flown aerial gravity and magnetics program have identified 16 new structural leads which will be the focus of a regional exploration 2D seismic program in 2014-15. Approximately 15% of Hydrocarb's 21,300 square km (5.3 million acre) concession has been explored with modern 2D seismic data to date.


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Price/Sales 13.4x
Price/Book 9.5x
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TEV/Sales 12.6x

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