Inactive Instrument

Citadel Exploration, Inc.

Equities

COIL

US17286B1044

Oil & Gas Exploration and Production

Citadel Exploration, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019

August 19, 2019 at 03:16 pm EDT

Citadel Exploration, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 75,492 compared to USD 384,444 a year ago. Net loss was USD 721,020 compared to USD 387,025 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago. For the half year, sales was USD 251,084 compared to USD 607,318 a year ago. Net loss was USD 1.221 million compared to USD 932,833 a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.03 a year ago.

Latest news about Citadel Exploration, Inc.

Analysis: UK subprime lenders face funding squeeze as COVID-19 fuels demand	20-12-16	RE
Citadel Exploration, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-19	CI
Citadel Exploration, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-19	CI
Citadel Exploration, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-20	CI
Citadel Exploration, Inc. Announces Resignation of Armen Nahabedian as Director, CEO & President	19-05-06	CI
Citadel Exploration, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-16	CI
Citadel Exploration, Inc. Auditor Raises 'Going Concern' Doubt	19-04-15	CI
Citadel Exploration, Inc Auditor Raises 'Going Concern' Doubt	18-04-15	CI
Citadel Exploration, Inc announced that it has received $0.025 million in funding	18-02-14	CI
Citadel Exploration, Inc. announced that it has received funding	17-12-28	CI
Citadel Exploration, Inc announced that it has received $0.18 million in funding	17-06-29	CI
Citadel Exploration, Inc. announced that it has received $0.1 million in funding	17-05-30	CI
Citadel Exploration, Inc announced that it has received $0.1 million in funding	17-03-31	CI
Citadel Exploration, Inc announced that it has received $0.21 million in funding	16-10-30	CI
Citadel Exploration, Inc announced that it has received $0.63 million in funding	16-09-30	CI
Citadel Exploration, Inc announced that it has received $1 million in funding	16-06-30	CI
Citadel Exploration, Inc acquired Kern Bluff Oil Field for $2.5 million.	15-08-04	CI
Citadel Exploration, Inc. Auditor Raises 'Going Concern' Doubt	15-04-15	CI
Citadel And Cibolo Creek Seeks Acquisitions	15-03-30	CI
Citadel Exploration, Inc announced that it has received $0.10 million in funding.	14-12-25	CI
Citadel Exploration Announces Board Changes	14-09-03	CI
Citadel Exploration, Inc Announces New Field Discovery	14-08-13	CI
Citadel Exploration Announces Conclusion of Joint Venture with Sojitz Energy Ventures, Inc	14-07-10	CI
Citadel Exploration, Inc acquired 40% interest in Project Indian and 55% interest in the Yowlumne project from Sojitz Energy Venture, Inc.	14-07-10	CI
Citadel Exploration, Inc Receives Permit for Project Indian Steam Injection	14-05-06	CI

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Company Profile

Citadel Exploration, Inc., formerly Subprime Advantage, Inc., is an energy company engaged in the exploration and development of oil and natural gas properties. The Company is focused on the acquisition and drilling of oil and natural gas mineral leases. Its properties are located in the Salinas and San Joaquin Basins of California. The Company's projects include Project Indian, Project Yowlumne and Kern Bluff Oil Field. The Company's Project Indian is located in the Bitterwater sub-basin of the Salinas Basin, north of the giant San Ardo Field. The Company has approximately 75% interest in the Yowlumne lease. Additionally, the Company holds 100% interest in the Yowlumne #2-26 well, and the approximately 160 acres surrounding the well bore. The Company owns approximately 1,100 acres of leases in production facilities of Kern Bluff Oil Field in Kern County, California. It has 100% working interest in the field with approximately 80% net revenue interest.

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Oil & Gas Exploration and Production

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