DLOV Daleco Resources Corp featured news, full reports, and detailed charts
Daleco Resources Corp (DLOV/DLOV.OB) Wrap Up:
Daleco Resources Corporation, through its subsidiaries, engages in the exploration, development, and production of oil and gas; exploration and development of naturally occurring minerals; and the marketing and sale of such minerals and of patented products utilizing the company’s minerals. The company owns and operates oil and gas properties in Texas, West Virginia, and the Commonwealth of Pennsylvania; and owns overriding royalty interests in the Deerlick Coalbed Methane Field, Tuscaloosa, Alabama. As of September 30, 2007, it had interests in 38 wells, and had proved developed reserves of 19,977 barrels of crude oil and condensate; and 480 million cubic feet of gas in reserves. Daleco Res...www.dalecoresources.com
4 Employees
Founded in 1996
Daleco Resources Corp. (DLOV:OTC Bulletin Board Market)
LAST $0.19 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Daleco Resources Corp. (DLOV)
|
OPEN
--
|
PREVIOUS CLOSE
$0.19
|
|
|
DAY HIGH
--
|
DAY LOW
--
|
|
|
52 WEEK HIGH
08/5/09 - $0.35
|
52 WEEK LOW
11/28/08 - $0.05
|
|
|
MARKET CAP
8.4M
|
AVERAGE VOLUME 3 mo
17.6K
|
|
|
DILUTED EPS TTM
$-0.08
|
SHARES OUTSTANDING
44.1M
|
|
|
DLOV Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
DLOV Top Compensated Officers
Mr. Gary J. Novinskie
Interim Chief Executive Officer, President, C...
Age: 58
Total Annual Compensation: $100.0K
Mr. Richard W. Blackstone
Chief Accounting Officer, Secretary and Contr...
Age: 51
Total Annual Compensation: $90.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Daleco Resources Corp. (DLOV)
Daleco Resources Corp. announced delayed 10-Q filing
08/12/2009
On 08/12/2009, Daleco Resources Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Daleco Resources Corp. Announces Sierra Kaolin Open Pit Clay Mine Project Enters Final Phase of Permitting Process
08/4/2009
Daleco Resources Corp. announced that Tecumseh Professional Associates Inc. (Tecumseh), joint venture partner with Daleco's wholly owned subsidiary, Clean Age Minerals Inc., and project manager has reported that the previously filed Environmental Assessment covering the proposed Sierra Kaolin Open Pit Clay Mine project located on the Southerner Federal Mining Claim, in the Gila National Forest, Sierra County, New Mexico, has cleared the regulatory review and public notification phase in accordance with the Federal Land and Policy Management Act of 1976, 26CFR Subpart C, and the Forest Plan (USFS 1986). The company stated that with this benchmark achieved, the project's definitive USDA Forest Service Plan of Operation for the Sierra Kaolin Proposed Open Pit Clay Mine has been submitted for final approval. The company announced that the filing of the definitive USDA Forest Service Plan is significant because it indicates that the final phase of the project's permitting process has commenced. The definitive Plan of Operation details the proposed scope-of-work to develop: access to the mine pit; the targeted mine pit and mine waste dump areas; measures to retain the scenic value of the area surrounding the mine site, measures to protect the environment; measures to progressively reclaim the mined areas and to close-out and reclaim the mine site following the completion of the contemplated mining operations.
Daleco Resources Corp. Reports Earnings Results for the Second Quarter Ended March 31, 2009
05/21/2009
Daleco Resources Corp. reported earnings results for the second quarter ended March 31, 2009. For the quarter, the company reported a net loss of $355,957. In contrast, the company posted a net loss of $287,191 for the same quarter in the previous year.
DLOV Competitors
| Company | Last | Change |
| American Oil & Gas Inc | $2.83 USD | -0.23 |
| Credo Petroleum Corp | $9.80 USD | -0.31 |
| Double Eagle Petroleum Co | $4.40 USD | -0.09 |
| Gasco Energy Inc | $0.47 USD | -0.0263 |
| Tengasco Inc | $0.48 USD | -0.01 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | DLOV | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 8.4x |
|
| Price/Book | 1.4x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 7.0x |
|
|
DLOV |
||
|
DLOV transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About Daleco Resources Corp
More news for DLOV
Daleco Resources Announces Clean Age Minerals, Inc. Mineral Distribution Agreement
WEST CHESTER, Pa.--(BUSINESS WIRE)--Gary Novinskie, President of Daleco Resources Corporation (OTCBB:DLOV - News) announced today that its wholly owned subsidiary Clean Age Minerals, Inc. (“CAMIâ€) has entered into and commenced zeolite deliveries under a multi-year mineral distribution agreement with Lone Star Minerals Of Texas LLC (“Lone Starâ€), an independent, nonaffiliated private distributor of minerals and mineral based products located in Amarillo, Texas. The zeolite supplied under the agreement will be utilized by Lone Star to address certain agricultural applications including but not limited to feed supplements and soil additives in a ten state area in the south-central part of the United States. Further details of the agreement were not released due to competitive market reasons.Robert Martin, CAMI’s President, stated that the contract and the initiation of wholesale zeolite deliveries represent key developments in the Company’s efforts to develop a portfolio of commercial markets for its zeolite based products. CAMI’s zeolite deposit located near Marfa, Texas encompasses roughly 5,200 acres and is accessible by paved roads and railway. He added that renewed nationwide interest in addressing the environmental issues associated with the production and potential release of ammonia and nitrates from agricultural operations, the ability of CAMIâ...Click here to read the whole Article (external link)
DALECO RESOURCES CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
DALECO RESOURCES CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The following discussion is intended to inform existing and potential security holders generally of some of the risks and uncertainties that can affect the Company and to take advantage of the "safe harbor" protection for forward-looking statements afforded under Federal securities laws. From time to time, management or persons acting on the Company's behalf make forward-looking statements to inform existing and potential security holders about the Company. Forward-looking statements are generally accompanied by words such as "estimate," "project," "predict," "believe," "expect," "anticipate," "plan" or other words that convey the uncertainty of future events or outcomes. Except for statements of historical or present facts, all other statements contained in this report are forward-looking statements. The forward-looking statements may appear in a number of places and include statements with respect to, among other things, business objectives and strategic plans; operating strategies; acquisition strategies; drilling of wells; oil and gas reserve estimates (including estimates of future net revenues associated with such reserves and the present value of such future net revenues); estimates of future production of oil, natural gas and minerals; expected results or benefits associated with recent acquisitions; marketing of oil, gas and minerals; expected future revenues and earnings, and results of operations; future capital, development and exploration expenditures; expectations regarding cash flow and future borrowings sufficient to fund ongoing...Click here to read the whole Article (external link)
DALECO RESOURCES CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The following discussion is intended to inform existing and potential security holders generally of some of the risks and uncertainties that can affect the Company and to take advantage of the "safe harbor" protection for forward-looking statements afforded under Federal securities laws. From time to time, management or persons acting on the Company's behalf make forward-looking statements to inform existing and potential security holders about the Company. Forward-looking statements are generally accompanied by words such as "estimate," "project," "predict," "believe," "expect," "anticipate," "plan" or other words that convey the uncertainty of future events or outcomes. Except for statements of historical or present facts, all other statements contained in this report are forward-looking statements. The forward-looking statements may appear in a number of places and include statements with respect to, among other things, business objectives and strategic plans; operating strategies; acquisition strategies; drilling of wells; oil and gas reserve estimates (including estimates of future net revenues associated with such reserves and the present value of such future net revenues); estimates of future production of oil, natural gas and minerals; expected results or benefits associated with recent acquisitions; marketing of oil, gas and minerals; expected future revenues and earnings, and results of operations; future capital, development and exploration expenditures; expectations regarding cash flow and future borrowings sufficient to fund ongoing...Click here to read the whole Article (external link)
DALECO RESOURCES CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The following discussion is intended to inform existing and potential security holders generally of some of the risks and uncertainties that can affect the Company and to take advantage of the "safe harbor" protection for forward-looking statements afforded under Federal securities laws. From time to time, management or persons acting on the Company's behalf make forward-looking statements to inform existing and potential security holders about the Company. Forward-looking statements are generally accompanied by words such as "estimate," "project," "predict," "believe," "expect," "anticipate," "plan" or other words that convey the uncertainty of future events or outcomes. Except for statements of historical or present facts, all other statements contained in this report are forward-looking statements. The forward-looking statements may appear in a number of places and include statements with respect to, among other things, business objectives and strategic plans; operating strategies; acquisition strategies; drilling of wells; oil and gas reserve estimates (including estimates of future net revenues associated with such reserves and the present value of such future net revenues); estimates of future production of oil, natural gas and minerals; expected results or benefits associated with recent acquisitions; marketing of oil, gas and minerals; expected future revenues and earnings, and results of operations; future capital, development and exploration expenditures; expectations regarding cash flow and future borrowings sufficient to fund ongoing...Click here to read the whole Article (external link)
DALECO RESOURCES CORP Files SEC form 10KSB, Annual Report
Item 6. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward Looking Statements This Annual Report on Form 10-KSB contains forwarding-looking statements, within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. The following discussion is intended to inform the Company's existing and potential security holders generally of some of the risks and uncertainties that can affect the Company and to take advantage of the "safe harbor" protection for forward-looking statements afforded under Federal securities laws. From time to time, management or persons acting on behalf of the Company make forward-looking statements to inform existing and potential security holders about the Company. Forward-looking statements are generally accompanied by words such as "estimate," "project," "predict," "believe," "expect," "anticipate," "plan," "good" or other words that convey the uncertainty of future events or outcomes. Except for statements of historical or present facts, all other statements contained in this report are forward-looking statements. The forward-looking statements may appear in a number of places and include statements with respect to, among other things: business objectives and strategic plans; operating strategies; acquisition strategies; drilling wells; oil and gas reserve estimates (including estimates of future net revenues associated with such reserves and the present volume of such future net revenues); estimates of future production of oil, natural gas and minerals; expected results or benefits associated with recent acquisitions; marketing of oil, gas and minerals; expected future revenues and earnings, and results of operations; future capital, development and exploration expenditures; expectations regarding cash flow and future borrowings sufficient to fund ongoing operations and debt service,...Click here to read the whole Article (external link)
Would you like to leave a comment about Daleco Resources Corp DLOV/DLOV.OB
Find out what social network information about Daleco Resources Corp are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides Daleco Resources Corp there is more great information available at Realpennies.com