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05/16/17Sky Petroleum Corporate Update
DALLAS--(BUSINESS WIRE)--May 16, 2017-- SKY PETROLEUM, INC. (OTCBB: SKPI) is an international energy business concentrating on exploration and production, trading and advisory services. Its management and board have extensive experience successfully working in North Africa, Europe, and the Far and Middle East. Sky Petroleum has been exploring opportunities in the Maghreb in the past 2 years and has a significant amount of geological, structural an... 
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11/13/14Sky Petroleum Appoints Ms. Muriel Dube to Board of Directors
DALLAS--(BUSINESS WIRE)--Nov. 13, 2014-- Sky Petroleum, Inc. (OTCBB: SKPI), a United States public oil and gas company engaged in the business of acquisition, development, exploration and production of oil and natural gas reserves, announced today the appointment of Muriel Dube to serve as a member of the Board of Directors. Ms. Dube has over 15 years experience in senior operations, strategic management, investment banking and the policy ... 
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06/30/14Sky Petroleum Appoints Dr. David Anthony Lawson Jenkins to Advisory Board
DALLAS--(BUSINESS WIRE)--Jun. 30, 2014-- Sky Petroleum, Inc. (OTCBB: SKPI), a United States public oil and gas company engaged in the business of acquisition, development, exploration and production of oil and natural gas reserves, announced today the appointment of Dr. David Anthony Lawson Jenkins, BA, Ph.D. (Geology), to its Advisory Board. Dr. Jenkins is a recognized authority on oil and gas technology and an experienced international explorationist. ... 
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01/08/13Sky Petroleum Announces an Offering of up to $1.0 Million
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 8, 2013-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it has agreed to obtain loans through the offer of 8% Convertible Promissory Notes due January 8, 2014 (the “Notes”) in the aggregate amount of up to US$1,000,000 (the “Offering”). The Notes are convertible into shares of common shares of the Company (“Common Shar... 
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10/11/12Sky Petroleum Appoints Jaloul Ayed to Advisory Board
AUSTIN, Texas--(BUSINESS WIRE)--Oct. 11, 2012-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, is pleased to announce the appointment of Jaloul Ayed to its Advisory Board. Mr. Jaloul Ayed was appointed Minister of Finance of Tunisia in January 2011 and served in the two interim governments that were formed following the Tunisian revolution. Prior to this appointment, Mr. Ayed... 
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08/08/12Sky Petroleum Appoints Mark Rachovides to its Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Aug. 8, 2012-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, is pleased to announce the appointment of Mark Rachovides to its Board of Directors. Mr. Rachovides is currently the Chairman of Deva Gold in Romania and is a well-known specialist in Eastern Europe and the Former Soviet Union (“FSU”) region. Mark served for over 11 years at the Euro... 
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05/15/12Sky Petroleum Raises an Additional $500,000
AUSTIN, Texas--(BUSINESS WIRE)--May. 15, 2012-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it is issuing 2,000,000 Class A Units (the “Class A Units”) at a price of US $0.25 per Unit for total proceeds of $500,000 (the “Offering”). The Class A Units are being issued on terms similar to the Class A Unit offering closed by Sky Petroleum earlier in 2012.... 
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01/12/12Sky Petroleum Announces Private Placement Closing
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 12, 2012-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today it is closing the placement of 4,000,000 Class A Units (the “Class A Units”) at a price of US $0.25 per Unit for total proceeds of $1,000,000 (the “Offering”). Each Class A Unit consists of one share of common stock of the Company, par value US$0.001 (a “Commo... 
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11/22/11Sky Petroleum Appoints Tobias Gondorf as Interim CEO
AUSTIN, Texas--(BUSINESS WIRE)--Nov. 22, 2011-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, today appointed Tobias Gondorf Interim Chief Executive Officer of the company effective December 1, 2011. Mr. Gondorf will succeed Karim Jobanputra, who will continue on the Board of Directors. Mr. Gondorf has more than 16 years of investment banking experience and most recently as a partner and director with Fortes Capital/ETDDM Cor... 
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10/25/11Sky Petroleum Provides Operations and Development Update
Albanian Field Development Progress AUSTIN, Texas, Oct 25, 2011 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today provided an update on its operations and field development. Sky Petroleum reported on September 19, 2011 that it engaged a consulting team that was analyzing technical data and has now made recommendations for three of the ten Sky Petroleum prospects in Albania. Based on the analysis, oil shows in Palokastra ... 
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10/12/11Sky Petroleum Announces a $2.0 Million Private Placement
AUSTIN, Texas, Oct 12, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it has agreed to the terms of a non-brokered private placement (the "Offering") to raise US$2.0 million. The Company will issue 8,000,000 Class A Units (the "Class A Units") at a price of US$0.25 per Unit. Each Class A Unit consists of one share of common stock of the Company, par value US$0.001 (a "Common Share")... 
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09/19/11Sky Petroleum Provides Business and Operations Update
Sky Petroleum Announces Albanian Field Development Recommendations AUSTIN, Texas, Sep 19, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today provided an update on its business and operations at the First U.S.-Albania Investment Forum in New York. Sky Petroleum reported that it engaged a consulting team on August 22, 2011 to make field development recommendations for their Albanian prospects. A technical team led by Tim Parson, formerly Occidental Oil Co... 
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09/16/11Sky Petroleum to Participate in US-Albania Investment Forum
First US-Albania Investment Forum being held in New York - September 19th, 2011 AUSTIN, Texas, Sep 16, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, announces that will be participating in the First US-Albania Investment Forum being held on September 19th, 2011 in New York, NY. The US-Albania Investment Forum features a delegation led by HE Sali Berisha, Prime Minister, Government of Albania, and will also include Hon Edmund Haxhinasto, Deputy Prime Mini... 
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08/12/11Sky Petroleum Delivers US$ 1.5 M Bank Guarantee to AKBN
AUSTIN, Texas, Aug 12, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, announces that it has delivered the US$ 1,500,000 bank guarantee to the National Agency of Natural Resources of Albania ("AKBN") on August 10, 2011. The bank guarantee was delivered in the form of a letter of credit issued by Texas Citizens Bank, N.A. under the terms of the Production Sharing Contract ("PSC") with AKBN, which grants Sky Petroleum exclusive rights to three exploration blocks ... 
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07/18/11Sky Petroleum Appoints Agron Xhavo as VP - Albania & Co-Head Geologist
Senior Albanian Geologist joins Sky Petroleum AUSTIN, Texas, Jul 18, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, is pleased to announce the appointment of Agron Xhavo as Vice President - Albania and Co-Head Geologist, effective August 1, 2011. Mr. Xhavo has over 28 years of petroleum geology experience, and is currently with the National Agency of Natural Resources ("AKBN") as its Head of Procedur... 
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02/02/11Sky Petroleum Establishes Office in Tirana, Albania
AUSTIN, Texas, Feb 02, 2011 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, announces the establishment of its office in Albania. Located in the Sky Tower, Tirana, Albania, the office will focus on the development of the Production Sharing Contract ("PSC") with respect to the three exploration blocks, Four, Five and Dumre, previously announced on June 24, 2010. "We are delighted to be opening our office in Tirana, as a first step in establishing operations for our... 
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12/02/10Sky Petroleum PSC Receives Official Ratification by the Albanian Government
PSC Covers Three Exploration Blocks - Four, Five, and Dumre AUSTIN, Texas, Dec 02, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, announces that it has received final approval and ratification for the Production Sharing Contract ("PSC") with respect to the three exploration blocks, Four, Five and Dumre, announced on June 24, 2010. The PSC received regulatory approval from the Council of Ministers of the Government of t... 
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10/06/10Sky Petroleum Appoints H.E. Sheikh Jabor Bin Yusef Bin Jassim Al-Thani to the Board of Directors
AUSTIN, Texas, Oct 06, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, is pleased to announce the appointment of His Excellency Sheikh Jabor Bin Yusef Bin Jassim Al-Thani to the Board of Directors of the company. H.E. Sheikh Jabor was appointed by the Board to fill a vacancy and will be included with management's proposed directors for election at the company's next ... 
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09/23/10Sky Petroleum Releases McKinsey Valuation on Albanian Exploration Blocks
Three Exploration Blocks- Four, Five, and Dumre Valued between $1 Billion to $3 Billion AUSTIN, Texas, Sep 23, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today released the findings of a detailed report written in cooperation with McKinsey & Company, one of the world's leading consulting firms, assessing the potential value of the three exploration blocks, Four, Five and Dumre (the "Albanian Blocks"). The repor... 
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08/18/10Sky Petroleum Appoints Oliver J. Whittle to the Board of Directors
Raiffeisen Bank Albania's Executive Joins Board AUSTIN, Texas, Aug 18, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, is pleased to announce the appointment of Oliver J. Whittle to the Board of Directors of the company. Mr. Whittle was appointed by the Board and will act as interim advisor before full commencement on October 1, 2010. Mr. Whittle has over forty years ... 
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07/29/10Sky Petroleum Updates Activities on Albanian Exploration Blocks
Three Exploration Blocks - Four, Five, and Dumre Covered by a Single PSC AUSTIN, Texas, Jul 29, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, announces that it is finalizing the engagement of a firm to conduct a geophysical review of the seismic and log data for the three exploration blocks, Four, Five and Dumre. Additionally the firm will assist in determining financial strategies to best create shareholder value. Th... 
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06/24/10Sky Petroleum Secures Significant Blocks in the Republic of Albania
PSC Covers Three Exploration Blocks - Four, Five, and Dumre AUSTIN, Texas, Jun 24, 2010 (BUSINESS WIRE) --Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, is pleased to announce it has completed and executed a Production Sharing Contract ("PSC"), covering three exploration blocks, Four, Five, and Dumre in the Republic of Albania. His Excellency Dritan Prifti, Minister of Economy, Trade and Energy for Albania and Mr. Karim Jobanputra, President and CEO... 
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02/11/10Sky Petroleum Reports 17,560 Barrels during 2009 Fourth Quarter
Mubarek Production from H2 and K2 ST4 Wells Approximately 191 bopd for the 2009 4th QuarterAUSTIN, Texas, Feb 11, 2010 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the fourth quarter ending December 31, 2009 Mubarek production from the K2-ST4 well totaled 15,363 barrels of oil or 167 bopd and production from the H2 well totaled 2,197 barrels of oil or 24 bopd. During the year ended December 31, 2009 Muba... 
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01/07/10Sky Petroleum Reports on Events Related to Mubarek Field
Buttes provides notice of termination of Mubarek Field Participation AgreementAUSTIN, Texas, Jan 07, 2010 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reports that on December 31, 2009, Buttes Gas and Oil Co. International, Inc. ("Buttes"), the wholly owned subsidiary of Crescent Petroleum Company International Limited and operator of the Mubarek Field, provided Sastaro Limited ("Sastaro"), Sky Petroleum's wholly owned subsid... 
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12/15/09Sky Petroleum Reports H2 Well Returns to Production
Mubarek H2 well Production totaled 630 barrels for November 2009AUSTIN, Texas, Dec 15, 2009 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reports that on November 17, 2009 the Mubarek H2 well came back on line. The H2 well produced 630 barrels during 13 days it was on line during the month. In addition for the month ending November 30, 2009 Mubarek production from the K2-ST4 well totaled 5,538 barrels of oil or 185 bopd. Abou... 
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11/09/09Sky Petroleum Reports 17,474 Barrels During 2009 Third Quarter
Mubarek K2 well Production 190 bopd for the 2009 3rd Quarter AUSTIN, Texas--(BUSINESS WIRE)--Nov. 9, 2009-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the third quarter ending September 30, 2009, Mubarek production from the K2-ST4 well totaled 17,474 barrels of oil or 190 bopd. In the first quarter of 2009 the H2 well was shut in during the last week of February through the end ... 
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10/14/09Sky Petroleum Enters Into a Letter of Intent with Suntera Resources
Suntera's interests in Nigerian oil and gas blocks to be acquiredAUSTIN, Texas, Oct 14, 2009 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, is pleased to announce that it has entered into a non-binding letter of intent to invest in and acquire Suntera's interests in two onshore oil & gas blocks in Nigeria. Suntera is expected to become a key shareholder in Sky Petroleum. Suntera is the technical operator of blocks OPL 205 and ... 
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07/23/09Sky Petroleum Reports 22,079 Barrels During 2009 Second Quarter
Mubarek K2 well Production 243 bopd for the 2009 2nd Quarter AUSTIN, Texas--(BUSINESS WIRE)--Jul. 23, 2009-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the second quarter ending June 30, 2009, Mubarek production from the K2-ST4 well totaled 22,079 barrels of oil or 243 bopd. In the first quarter of 2009 the H2 well was shut in during the last week of February through the end of the second quarter in... 
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05/19/09Sky Petroleum Reports 21,464 Barrels during 2009 First Quarter
Mubarek Production from H2 and K2 wells approximately 238 bopd for the 2009 1st Quarter AUSTIN, Texas--(BUSINESS WIRE)--May. 19, 2009-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the first quarter ending March 31, 2009 Mubarek production from the H2 and K2-ST4 wells totaled 21,464 barrels of oil. The Mubarek H2 well produced 2,614 barrels of oil or 29 bopd and the Mubarek K2-ST4 well produced 18,850 barrels of oil... 
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02/23/09Sky Petroleum Reports 67,510 Barrels During 2008 Fiscal Year
K2-ST4 Well Back on Line after Repairs Completed AUSTIN, Texas--(BUSINESS WIRE)--Feb. 23, 2009-- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the year ended December 31, 2008 Mubarek production from the H2 and K2-ST4 wells was 67,510 barrels of oil. The Mubarek H2 well produced 30,274 barrels of oil or 83 bopd during the 2008 fiscal year. During the same period the Mubarek K2-ST4 well produced 37,236 barrels ... 
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11/04/08Sky Petroleum Reports 7,875 Barrels During 2008 Third Quarter
Mubarek Production from H2 Well Approximately 86 bopd for the 2008 3rd Quarter AUSTIN, Texas--(BUSINESS WIRE)--Nov. 4, 2008--Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas company, today reported that during the third quarter ending September 30, 2008, Mubarek production from the H2 well was 7,875 barrels of oil. During the third quarter of 2008 the performance of the H2 well was stable. During the same period the K2-ST4 well shut in throughout ... 
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09/15/08Sky Petroleum Updates K2-ST4 Status
AUSTIN, Texas--(BUSINESS WIRE)--Sept. 15, 2008--Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, is providing an update from Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek field, on the status of the K2-ST4 well. On June 18, 2008 the K2-ST4 well was shut in to inspect and repair the flexible gas lift line between the J and K platforms. In early August, while pressure testing the initial repair, Crescent determined the line had suff... 
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08/06/08Sky Petroleum Reports 23,947 Barrels During 2008 Second Quarter
Mubarek Production from H2 and K2 ST4 Wells Approximately 263 bopd for the 2008 2nd Quarter AUSTIN, Texas--(BUSINESS WIRE)--Aug. 6, 2008--Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the second quarter ending June 30, 2008 Mubarek production from the H2 and K2- ST 4 wells was 23,947 barrels of oil. The Mubarek H2 well produced 8,489 barrels of oil or 93 bopd and the Mubarek K2-ST4 well produced 15,458 barrels of oil or 1... 
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04/28/08Sky Petroleum Reports 30,922 Barrels During 2008 First Quarter
Mubarek Production from H2 and K2 ST4 wells approximately 344 bopd for the First Quarter of 2008 AUSTIN, Texas--(BUSINESS WIRE)--April 28, 2008--Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the first quarter ending March 31, 2008 Mubarek production from the H2 and K2- ST 4 wells was 30,922 barrels of oil. The Mubarek H2 well produced 9,144 barrels of oil or 101 bopd and the Mubarek K2-ST4 well produced 21,778 barrels of oil or ... 
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01/29/08Sky Petroleum Reports 10,832 barrels of oil Produced during December
Mubarek Production from H2 and K2-ST4 wells approximately 375 bopd for DecemberAUSTIN, Texas, Jan 29, 2008 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today reported that during the month ending December 31, 2007 Mubarek production from the H2 and K2-ST4 wells was 10,832 barrels of oil. The Mubarek H2 well produced 3,200 barrels of oil or 103 bopd and the Mubarek K2-ST4 well produced 7,632 barrels of oil or 284 bopd during December. During several days in ... 
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01/02/08Sky Petroleum Reports More Than 31,000 Barrels of Oil Produced During October and November From Two Mubarek Wells
Mubarek Production From H2 and K2 ST4 Wells Approximately 500 bopd for October and November AUSTIN, Texas--(BUSINESS WIRE)--Jan. 2, 2008--Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas company, today reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil. During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during the month of... 
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10/04/07Sky Petroleum Updates Testing Program on the Mubarek K2-ST4 Well
K2-ST4 flows at 742 BOPD AUSTIN, Texas--(BUSINESS WIRE)--Oct. 4, 2007--Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas exploration company, is pleased to provide an update on the testing program regarding the Mubarek K2-ST4 well located in the Mubarek Field, offshore United Arab Emirates. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, reports that the well was drilled to a total depth of 13,528 feet into the Ilam oil reservoi... 
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09/25/07Sky Petroleum Updates Drilling Operations on Second Mubarek Well
K2-ST4 Drill Depth of 13,528 Feet Achieved AUSTIN, Texas--(BUSINESS WIRE)--Sept. 25, 2007--Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas exploration company, is pleased to announce that Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, has informed the company that the Mubarek K2-ST4 well, the second of the two wells under the Participation Agreement between Crescent and Sky Petroleum, has been drilled to a total depth of 13,528 f... 
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07/18/07Sky Petroleum Names Michael D. Noonan Interim Chief Executive Officer
VP Corporate Assumes Caretaker CEO Role, Replacing Brent Kinney AUSTIN, Texas--(BUSINESS WIRE)--July 18, 2007--Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, announces that it has named Michael D. Noonan, Vice President, Corporate, and a current member of the Board of Directors, as the company's Caretaker Chief Executive Officer, replacing Brent D. Kinney, effective immediately. Noonan will act as the Principal Executive Officer for the Company on an interi... 
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06/20/07Sky Petroleum Updates Drilling Operations on Second Mubarak Well
Drill Depth of 10,500 Feet Achieved AUSTIN, Texas, Jun 20, 2007 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, is pleased to announce that Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarak Field, has informed the company that the Mubarak K2 ST3 well is currently drilling at a depth of approximately 10,500 feet. The Rani Woro drilling rig successfully cleaned out the casing on the existing K2 well and mi... 
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06/07/07Sky Petroleum Announces Drilling Operations Started on Second Mubarak Well
Received $1.1 Million from H2 Production; More than 83K Barrels Produced AUSTIN, Texas--(BUSINESS WIRE)--June 7, 2007--Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas exploration company, is pleased to announce that Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarak Field, has informed the company that mobilization of the Rani Woro drilling rig to the platform has been completed and the drilling operations on ... 
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06/04/07Sky Petroleum Acquires a Minority Interest in a Russian Oil Field
Current Appraisal Drilling Program UnderwayAUSTIN, Texas, Jun 04, 2007 (BUSINESS WIRE) -- Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas exploration company, is pleased to announce that the company has acquired a minority stake in the development of an oilfield in the Komi Republic of the Russian Federation The Company acquired a 3.9% interest in Pechora Energy through its UK parent company, Concorde Oil & Gas Plc. Pechora Energy holds the production license for the Luzskoye field in the... 
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05/30/07Sky Petroleum Announces Results for the 2007 First Quarter
Cash Flow Positive on Revenue of Approximately $1.0 Million AUSTIN, Texas--(BUSINESS WIRE)--May 30, 2007--Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, today announced results for the 2007 fiscal first quarter ended March 31, 2007. The company reported the Mubarek H2 well produced more than 21,500 barrels of oil in the first quarter, averaging approximately 238 barrels per day which resulted in net revenue of $969,226. The company generated a positive cash flow from... 
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03/30/07Dutton Associates Announces Investment Opinion: Sky Petroleum Rated Speculative Buy in Updated Initial Report by Dutton Associates
EL DORADO HILLS, Calif., Mar 30, 2007 (BUSINESS WIRE) -- Dutton Associates updates its coverage of Sky Petroleum Inc. (OTCBB:SKPI), revising its rating from Strong Speculative Buy to Speculative Buy and setting a 12-month price target of $1.25. The 24-page report by Dutton Associates senior analyst Richard R. Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, and Knobias and other leading financial portals. Sky Petroleum, an independent explo... 
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01/09/07Sky Petroleum to Receive $1.1 Million From Mubarek Well Production
More Than 62,000 Barrels of Oil Produced as of the End of December 2006AUSTIN, TX, Jan 09, 2007 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company, is pleased to announce the company will receive USD 1,140,470 from its second allocation of production revenue from the Mubarek H2 well. This revenue will be received by the end of January 2007, or approximately 40 days from the second lifting of crude from the H2 well, which occurred on December 1... 
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10/16/06Sky Petroleum Announces 25,000 Barrels of Oil Produced
Receiving Revenue From Mubarek H2 Well ProductionAUSTIN, TX, Oct 16, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to announce that as of September 30, 2006, the Mubarek H2 well has produced 24,998 barrels of oil since it went into production on May 16, 2006. The company also announces that it will receive USD 588,356.00 from its first allocation of production revenue... 
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10/11/06Sky Petroleum Doubles Production From First Mubarek Well
130% Increase in Production to 461 BOPD From 200 BOPDAUSTIN, TX, Oct 11, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, announces the recent work on the Mubarek H2 well has resulted in a substantial 130% increase in production from the H2 well. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, and Sky Petroleum, report that the M... 
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09/19/06Sky Petroleum Updates Drilling Plans on Second Mubarek Well
Drilling Rig Expected to Return to the Mubarek Field in Early NovemberAUSTIN, TX, Sep 19, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the drilling plans for the second well at the Mubarek Field. Sky Petroleum and Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, announces that the Rani Woro j... 
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08/28/06Dutton Associates Announces Investment Opinion: Sky Petroleum Maintained At Strong Speculative Buy Rating By Dutton Associates
EL DORADO HILLS, Calif., Aug 28, 2006 (BUSINESS WIRE) -- Dutton Associates updates its coverage of Sky Petroleum (OTCBB:SKPI) maintaining a strong speculative buy rating and a 12 month price target of $2.35. The 9-page report by Dutton senior analyst Richard R. Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals. Sky Petroleum Inc. (Sky) reported second-quarter 2006 results on August 15, 2006. Ba... 
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07/26/06Sky Petroleum Agrees on Second Mubarek Well Location
Work Continues on H2 Well to Enhance ProductionAUSTIN, TX, Jul 26, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the Mubarek Field Project. Sky Petroleum and Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, have agreed on a second well location to be drilled to the Ilam/Mishrif reservoir. The ... 
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06/23/06Dutton Associates Announces Investment Opinion: Sky Petroleum Maintained at Strong Speculative Buy Rating by Dutton Associates
EL DORADO HILLS, Calif., Jun 23, 2006 (BUSINESS WIRE) -- Dutton Associates updates its coverage of Sky Petroleum (OTCBB:SKPI) maintaining a strong speculative buy rating and a 12 month price target of $2.70. The 10-page report by Dutton senior analyst Richard R. Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals. Since our initial report of November 17, 2005, Sky Petroleum Inc. (Sky) has evidenc... 
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06/21/06Sky Petroleum Updates Progress on the Mubarek H2 Well
Operator Working on Well to Enhance ProductionAUSTIN, TX, Jun 21, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the Mubarek H2 well and related activities under its Participation Agreement. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, has been testing the H2 well over recent weeks and repo... 
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06/09/06Sky Petroleum Updates Testing Program on the Mubarek H2 Well
Further Evaluation Underway to Stabilize Well; H2 Currently Generating Revenue of $200K per MonthAUSTIN, TX, Jun 09, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the testing program regarding the Mubarek H2 well. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, reports that the well was perfora... 
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05/31/06Sky Petroleum Appoints Nigel R. McCue to the Board of Directors
Experienced Oil and Gas Executive Added to BoardAUSTIN, TX, May 31, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to announce the appointment of Nigel R. McCue to the Board of Directors of the company. Mr. McCue was appointed by the Board to fill a vacancy and will be included with management's proposed directors for election at the company's next annual meeting on J... 
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05/24/06Sky Petroleum Completes Drilling
Oil Saturations Over a 100 ft Section in the ReservoirAUSTIN, TX, May 24, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide a drilling progress report on the Mubarek H-2 well. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, reports that the drilling of the Mubarek H-2 was completed at a total depth of 15,020 fee... 
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05/08/06Sky Petroleum Reiterated At ''Speculative Buy/4'' Rating By Investrend Research Affiliate SISM Research, and Maintains Its 12-Month Target Price Of $4.20
NEW YORK--(BUSINESS WIRE)--May 8, 2006--(Investrend Research Syndicate) Ernest Schlotter an oil and gas analyst with Investrend Research Affiliate SISM Research and a four star analyst according StarMine, has reiterated his Speculative Buy/4 rating for Sky Petroleum, Inc. (OTCBB: SKPI). and maintained his 12-month price of $4.20. According to SISM's Research Note: Sky Petroleum, an emerging exploration and development player, commenced its infill-drilling program, aimed at bo... 
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04/27/06Dutton Associates Announces Investment Opinion: Sky Petroleum Inc. Buy Rating and Price Target of $3.90 Reiterated in Update by Dutton Associates
EL DORADO HILLS, Calif., Apr 27, 2006 (BUSINESS WIRE) -- Dutton Associates updates coverage of Sky Petroleum Inc. (OTCBB:SKPI), reiterating a Buy rating and our 12-month price target of $3.90. The 9-page report by Dutton Associates senior analyst Richard R. Wolfe, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, and other leading financial portals. Sky Petroleum is an independent exploration and production company that has succeeded in obtaining a... 
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04/10/06Dutton Associates Raises Sky Petroleum Price Target to $3.90
Dutton Associates Raises Sky Petroleum Price Target to $3.90 AUSTIN, Texas, April 10, 2006 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, is pleased to announce that on April 6, 2006 Richard R. Wolfe, CFA of Dutton Associates, reiterated his Buy rating and raised his target price to $3.90. The following is from the Research Note: “Based on our review of Sky Petroleum's recently filed annual report on Form 10-K for the year ended December 31, 2005, we are... 
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04/03/06Dutton Associates Raises Sky Petroleum Price Target to $3.15
AUSTIN, TX, Apr 03, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration company, is pleased to announce that on March 29, 2006, Richard R. Wolfe, CFA of Dutton Associates, reiterated his Buy rating and raised his target price to $3.15. The following is from the Research Note: "We have had a BUY rating on shares of Sky Petroleum at a 12-month target price of $2.75, and the stock's most recent close (March 28) was at $2.60. Based ... 
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03/28/06Sky Petroleum Approaches Reservoir Depth
Casing Set Above Reservoir at Depth in Excess of 13,800 ftAUSTIN, TX, Mar 28, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide a drilling progress report on the Mubarek H-2 well. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, reports that as of March 24th the well was at a drilled depth of 13,845 ft, just abo... 
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03/21/06Sky Petroleum to Present at Dutton Associates'
AUSTIN, TX, Mar 21, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration company, will present at Dutton Associates' "Recognizing Opportunity" SmallCap Conference. Sky Petroleum, along with a select group of emerging growth companies in a variety of sectors, including energy, alternative energy, technology, security, financial services, and consumer products, will update investment professionals on business activities, trends and cur... 
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03/08/06Sky Petroleum Provides Drilling Progress Report
Current Depth Is More Than 8,000 ft; Company Continues to Fund Drilling Program on ScheduleAUSTIN, TX, Mar 08, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration company, is pleased to provide a drilling progress report. Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, reports that as of March 4th the well was at a drill depth of 8,396 ft. Drilling operations commenced January 31st at... 
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02/08/06Sky Petroleum Provides Drilling Progress Report
Drilling Commenced on January 31st, 2006; Current Depth Is More Than 2,000 ftAUSTIN, TX, Feb 08, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration company, is pleased to announce that Buttes Gas and Oil Co. International Inc., a wholly owned subsidiary of Crescent Petroleum Company International Limited ("Crescent"), the operator of the Mubarek Field, commenced drilling operations on January 31st at the Mubarek H-2, the first of Sky... 
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01/18/06Sky Petroleum Announces Drilling Rig Contract
Drilling Expected to Commence by the End of January 2006AUSTIN, TX, Jan 18, 2006 (MARKET WIRE via COMTEX News Network) -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration company, is pleased to announce that Buttes Gas and Oil Co. International Inc. ("BGOI"), the operator of the Mubarak Field, has signed a contract with P.T. Apexindo Pratama Duta Tbk, the largest Indonesian oil and gas drilling company, to drill the first of two obligation wells using the Rani Woro jackup rig.... 
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12/13/05Sky Petroleum Announces a $15.6 Million Private Placement
AUSTIN, Texas, Dec. 13, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, announced today that it has received and accepted subscriptions for approximately $15.6 million relating to a private placement for 15,588,602 shares of the company at $1.00 per share. The securities offered by Sky Petroleum have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registr... 
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11/16/05Sky Petroleum Announces Four Appointments to the Board of Directors
AUSTIN, Texas, Nov. 16, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, today announced the appointment of Brent D. Kinney, Ian R. Baron, Peter J. Cockcroft and Michael D. Noonan to the Board of Directors of the company. All four were appointed by the Board to fill certain vacancies and will be included with management's proposed directors for election at the company's next annual meeting. "All of these individuals are strong additions to our Board and we... 
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11/07/05Sky Petroleum Appoints Brent D. Kinney to Chief Executive Officer
AUSTIN, Texas, Nov. 7, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, to day announced the appointment of Brent D. Kinney as chief executive officer of the company. Kinney is an international petroleum lawyer based in Dubai , United Arab Emirates and has more than 20 years experience representing both government and private sector clients throughout the world... 
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11/03/05Sky Petroleum Announces New Major Shareholder His Excellency Sheikh Hamad Bin Jassim Bin Jabr al-Thani
AUSTIN, Texas, Nov. 3, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, is pleased to announce that His Excellency Sheikh Hamad Bin Jassim Bin Jabr al-Thani has become a major shareholder in the company holding approximately 36% of the issued shares of Sky Petroleum as a result of a recently announced private placement. His Excellency Sheikh Hamad Bin Jassim Bin ... 
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09/22/05Sky Petroleum Announces Closing $11.0 Million Financing
AUSTIN, Texas, Sep. 22, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration company, announced today it completed a placement of 3,055,556 shares of Series A Preferred Stock (the “Preferred Stock”) at a price of $3.60 per share for aggregate gross proceeds of approximately $11,000,000. Each share of Preferred Stock is initially convertible at the Conversion Ratio into four sh... 
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09/15/05Sky Petroleum Provides Mubarek Development Project Update
AUSTIN, Texas, Sep. 15, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration and development company, is pleased to provide updates on the Mubarek Development Project, an off-shore oil and gas program in the United Arab Emirates, in conjunction with co-participant Buttes Gas and Oil Co. International Inc. ("BGOI"), a wholly-owned subsidiary of Crescent Petroleum Company Internat... 
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09/07/05Sky Petroleum Announces Executive Appointments
AUSTIN, Texas, Sep. 7, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration and development company, announces the appointment of Jim R. Screaton as vice president, finance and chief financial officer and Michael D. Noonan as vice president corporate, effective immediately. "We are very excited to have Jim and Michael join the company and be vital members of the leaders... 
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08/12/05Sky Petroleum Announces Completion of $8.0 Million Private Placement
AUSTIN, Texas, August 12, 2005 — Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas exploration and development company, announced today that it has completed an $8.0 million private placement of shares after receiving qualified subscriptions for over 10,000,000 shares of the company at $0.80 per share. The securities offered by Sky Petroleum have not been registered under the Secur... 
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07/28/05Sky Petroleum Completes $5 Million Funding Commitment for Offshore Oil and Gas Property
AUSTIN, TX--(MARKET WIRE)--Jul 28, 2005 -- Sky Petroleum, Inc. (OTC BB:SKPI.OB - News) an oil and gas exploration and development company, along with its wholly owned subsidiary, Sastaro Limited ("Sastaro"), today announced it met a $5.0 million funding commitment relating to capital expenditures for a drilling program in the Mubarek oil and gas field, an off-shore oil and gas proje... 
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07/26/05Sky Petroleum Appoints Don Cameron to Chief Executive Officer
AUSTIN, TX--(MARKET WIRE)--Jul 26, 2005 -- Sky Petroleum, Inc. (OTC BB:SKPI.OB - News), an oil and gas exploration and development company, today announced the appointment of Donald C. Cameron as chief executive officer of the company. "Don is a strong addition to our company and we are proud and fortunate to have him on board," said Daniel Meyer, president ... 
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05/18/05Sky Petroleum Announces Participation in Offshore Oil and Gas Property
AUSTIN, TX -- (MARKET WIRE) -- 05/18/05 -- Sky Petroleum, Inc. (OTC BB: SKPI), an oil and gas exploration and development company, today announced the company has reached a definitive agreement with United Arab Emirates-based Buttes Gas and Oil Co. International Inc. ("BGOI"), a wholly owned subsidiary of Crescent Petroleum Company International Limited ... 
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04/06/05Sky Petroleum Announces Receipt of Subscription Agreements Totaling $2.5 Million in Financing
AUSTIN, Texas--(BUSINESS WIRE)--April 6, 2005--Sky Petroleum Inc., formerly Seaside Exploration Inc. (OTCBB: SKPI), an oil and gas exploration and development company, announced today that it has received executed subscription agreements for the purchase of 5,000,000 shares of SKPI's common stock at $0.50 per share through a private placement totaling $2.5 million. The securities offered by Sky ... 
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04/01/05Seaside Exploration Changes Its Name to Sky Petroleum
AUSTIN, Texas--(BUSINESS WIRE)--April 1, 2005--Seaside Exploration Inc. (OTCBB: SSDX) today announced that on March 28 its majority stockholder consented to and approved amending its Articles of Incorporation to change its name to Sky Petroleum Inc. In conjunction with the name change, SSDX instituted a 4:1 forward stock split of all of its outstanding shares of common stock. The name change was pro... 
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