More Related Stories

ASX Oil and Gas Stocks Snapshot; (ASX: GGP), (ASX: RFE), (ASX: SSN)

Mississippian Play Red Fork Energy (ASX: RFE) Reports US$65 million revolving credit facility

Category: Investment

Visit: Golden Gate Petroleum Ltd.

Point Roberts, WA - March 20, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on junior ASX oil and gas stocks.

Golden Gate Petroleum Ltd. (ASX: GGP) closed at 0.0050, gaining 0.0010 or 25.00% on over 3.1 Million shares. Golden Gate is a focused petroleum exploration and production company with an exploration portfolio in the Gulf of Mexico and the Permian Basin.

Red Fork Energy Limited (ASX: RFE), (OTCQX: RDFEY) continued on gains from the previous trading session, closing at 0.70, gaining 0.01 or 1.45% on over 1.2 Million shares. The Company reported it will complete a US$65 million revolving credit facility with Oklahoma based, F&M Bank.

Red Fork Energy has a large landholding in Oklahoma with leasehold and held by production acreage covering both proven producing oil and gas fields as well as highly prospective development acreage. The Company has positioned itself in one of the premier on-shore United States horizontal oil resource plays, with a large and growing acreage position in the heart of the exciting Mississippi Lime oil and liquids rich gas play.

Samson Oil & Gas Limited (ASX SSN) closed at 0.0310, unchanged on over 1.5 Million shares. The company requested a halt trading. According to the release : Pursuant to Listing Rule 17.1 Samson Oil & Gas Limited (Company) requests an immediate trading halt to be granted in relation to the Companys shares (ASX code : SSN), I advise that:

• The trading halt is necessary for the Company to make an announcement to the market in relation to proposed capital raisings
• The trading halt is requested until the earlier of 7.00am AWST on Friday 22 March 2013 and the release of an announcement in relation to the proposed capital raisings referred to above."

Australian Stock Exchange (ASX)

http://www.asx.com.au/

About InvestorIdeas.com:

InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas in biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more. The Investor Ideas newswire is a news source on Google news and Linkedin.com/Today news.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com

Sign up for free stock alerts at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp

Or...

Become an Investorideas.com Member and access our online stock directories listing thousands of publicly traded stocks in over 14 leading sectors on TSX, ASX, OTC, NASDAQ, including oil and gas stocks

http://www.investorideas.com/membership/

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

800-665-0411 - Source - www.Investorideas.com

Page: 1

Related Keywords:Sales, Advertising, Internet, Post/Production, USA, Environmental Technology, Green Technology, mexico,

---