Last $0.0010 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 09/25/14 All times are local (Market data is delayed by at least 15 minutes).

world oil resources ltd (WOIIF) Snapshot

Open
$0.0010
Previous Close
$0.0010
Day High
$0.0010
Day Low
$0.0010
52 Week High
12/20/13 - $0.0027
52 Week Low
12/16/13 - $0.0001
Market Cap
1.3M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
1.3B
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WORLD OIL RESOURCES LTD (WOIIF)

Related News

No related news articles were found.

world oil resources ltd (WOIIF) Related Businessweek News

No Related Businessweek News Found

world oil resources ltd (WOIIF) Details

World Oil Resources Limited engages in oil and gas exploration and investment business in Australia and internationally. It holds a 49.2% working interest in the Klick East oil field that covers an area of approximately 320 acres located in the Woods County, Oklahoma; a 50% working interest in Welch-Bornholdt Wherry Project covering approximately 15,000 acres located in Rice and McPherson Counties, Kansas; and a 40% interest in the Harpia and Guara projects located in Sergipe-Alagoas Basin, on-shore Brazil. The company also holds a 50% net working interest in Mount Outlook Prospect covering approximately 1,200 acres located in Clark County, Kansas; and a 35% net working interest in the Kingsley Prospect covering approximately 6,400 acres in Edwards County, Kansas. The company is based in South Melbourne, Australia.

world oil resources ltd (WOIIF) Top Compensated Officers

Executive Director
Total Annual Compensation: A$41.4K
Compensation as of Fiscal Year 2014.

world oil resources ltd (WOIIF) Key Developments

World Oil Resources Ltd. Auditor Raises 'Going Concern' Doubt

World Oil Resources Ltd. filed its Annual on Sep 30, 2014 for the period ending Jun 30, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

World Oil Resources Ltd.'s Welch-Bornholdt Wherry Project to Commence Production

World Oil Resources Ltd. announced that its joint venture partner has advised that the #1-1 Krehbiel Trust well has been completed and put into production. The operator has installed a surface pumping unit and a production tank battery. The well was completed using a small acid treatment to improve potential production performance. The disposal of associated salt water will occur into a third party salt water disposal well located on adjacent acreage. The operator has reported initial production rates of 250 total barrels of fluid per day with an average of 20% oil cut. This indicates initial gross oil production rates of 50 bopd. This is a preliminary rate and a longer production history is required to confirm what the stable rate will be and also to confirm the resource size and economic potential of this well. The better indicator of long term potential is the average production rate over 30 days which will be reported as it becomes available. At the same time, given the encouraging results to date for this well, the joint venture is undertaking a technical evaluation of the surrounding acreage in order to define potential areas of interest and future possible drill locations. Any further work in this area is of course dependant on the final results from the extended production evaluation at #1-1 Krehbiel Trust well.

World Oil Resources Ltd Reports Expanded Acreage

World Oil Resources Ltd. has entered into an agreement with J-W Operating company of Dallas, Texas to acquire its interest in a new exploration target. In consideration of $225,000, the company shall receive a 35% net working interest in leases covering approximately 6,400 acres located in Edwards County, Kansas. In addition to receiving an interest in the acreage this payment shall also cover the company's share of 3D seismic study that has already been completed on this field. Regionally, the Kinsley North Prospect is located on the southwest flank of the Central Kansas Uplift, approximately 5 miles north of Kinsley, Kansas.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WOIIF:US $0.00 USD 0.00

WOIIF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WOIIF.
View Industry Companies
 

Industry Analysis

WOIIF

Industry Average

Valuation WOIIF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.6x
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 9.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WORLD OIL RESOURCES LTD, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.