ARUR American Resource Technologies, Inc. featured news, full reports, and detailed charts
American Resource Technologies, Inc. (ARUR/ARUR.PK) Wrap Up:
American Resource Technologies, Inc. produces oil in the United States. Its oil properties include a 100% working interest in 4 oil wells on the Lindley lease in Montgomery County, Kansas; and a 25% working interest in 1 oil well on the Noll lease in Jefferson County, Kansas. The company also owns a 25% working interest in 4 oil wells, and a 12.5% working interest in 5 oil wells on the Ownbey/Troyer lease in Chautauqua County, Kansas. In addition, American Resource owns interest in a pipeline in Montgomery County, Kansas. The company was incorporated in 1976 as Arts Antique Autos, Ltd. and changed its name to Golden Chief Resources, Inc. in 1981. It further changed its name to American Resou...American Resource Technologies, Inc. (ARUR:OTC)
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Market Cap
598.7K
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Total Revenue
37.9K
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EBITDA
548.6K
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DILUTED EPS TTM
-0.05
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P/E
--
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P/S
27.4x
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Return On Asset
-110.91
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Return On Equity
-251.36
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| K = Thousands M = Millions B = Billions | ||
ARUR Top Compensated Officers
Executives, Board Directors
Key developments for American Resource Technologies, Inc. (ARUR)
On 12/29/2008, American Resource Technologies, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
American Resource Technologies Inc. announced that the operator treated three wells on the Lindley, the Ownbey, and the Noll leases with a microbe solution which has successfully improved the viscosity and fluid movement near the well bore in other cases. The treatment takes from ten to fourteen days to achieve results, and the Company expects to place these wells back in production and begin monitoring production on these three wells early in the week beginning Oct. 6, 2008.
American Resource Technologies Inc. has been informed by the operator that they have reached total depth on the Linn 1-08 located in Montgomery County, Kansas. During drilling they encountered several gas zones with significant pressure and several promising oil zones. The well was drilled to the target Arbuckle formation, and production casing was set and cemented. The operator is currently evaluating the data to determine the best completion techniques and procedures for this well.
ARUR Competitors
| Company | Last | Change |
| American Oil & Gas Inc | $2.91 USD | +0.08 |
| Credo Petroleum Corp | $9.98 USD | +0.18 |
| Double Eagle Petroleum Co | $4.54 USD | +0.14 |
| Gasco Energy Inc | $0.45 USD | -0.0203 |
| Tengasco Inc | $0.47 USD | -0.0087 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ARUR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 27.4x |
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| Price/Book | 7.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 14.1x |
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ARUR |
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ARUR transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About American Resource Technologies, Inc.
More news for ARUR
American Resource Technologies, Inc. Announces Agreement
LEWISVILLE, TX--(MARKET WIRE)--Jan 16, 2009 -- American Resource Technologies, Inc. (Other OTC:ARUR.PK - News) has been negotiating with a company with oil and gas operations in Kansas and Texas for several months. The Company has successfully completed these negotiations and is entering into a formal agreement to acquire the assets of this company. ARUR's President, Fred Oden, said, "These assets include over 175 producing oil and gas wells in Kansas and Texas with revenues from current production of approximately $10,000 per month at today's prices. Their 2008 exploration budget was in excess of $4,000,000 and is projected to increase in 2009. This acquisition should substantially improve our revenue base and enable us to expand our future leasing and drilling programs. We are excited about these opportunities presented to us and remain confident 2009 will be a banner year for American Resource Technologies." About American Resource Technologies, Inc.The company is based in Lewisville, Texas. Additional information about the Company is available at www.arur.usWhere this statement includes "forward-looking" statements within the meaning of Section 27A of the Securities Act, the Company desires to take advantage of the "safe harbor" provisions thereof. Therefore, the Company is including this statement for the express purpose of ava...Click here to read the whole Article (external link)