
Newsletter
Promoter: | penny to buck | Paying Party: | UNKNOWN |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
XNRG | $2500 | UNKNOWN |
Max Profit: 0.00 % | Gain at close: 0.00 % | |
*We think that this promoter is a part of a group of promoters. |

Oil plays like XNRG could breakout at anytime.
XNRG needs to be on your watch list immediatley. Oil plays with momentum could breakout at anytime.
It's trading at a discount at only $.0075 a share.
Breaking News!
Xun Energy Reports on Rice Lease Site Construction
http://finance.yahoo.com/news/xun-energy-reports-rice-lease-120000951.html
Recap:
XNRG www.xunenergy.com has plans to drill 30 wells located in Venango County, Pennsylvania with an option to drill and additional 15 wells in the same region. If and when XNRG puts drilling operations in place shareholders will start to see their value increase.
You need to put XNRG On Your Watch List Immediately
BUSINESS UPDATE
XNRG operator Vencendor Energy Partners (Operational), commenced site construction on March 30th 2013 with installation of the erosion and snake barriers. On May 3, 2013 the Pennsylvania Department of Transportation issued Permit No. 0103 for the Highway Occupancy Permit (HOP). The HOP authorizes work only in department highway right of way for the construction of the driveway from the Mill City Road onto the Rice Lease.
WHAT THAT MEANS:
XNRG construction contractor is working very closely with the landowner of the property and is close to completion. This will allow for heavy equipment to be mobilized and the drill pad and drilling rig will be mobilized to begin drilling XNRG's first oil well.
Since XNRG projects will be subject to completing its financing and the success of the drilling and completions program the following news is very important to shareholders.
Their recent press release “Xun Energy Confirms $15,000,000 Reserve Equity Financing From AGS Capital Group” shows their commitment in being creative to obtain funding for the project.
PORTLAND, OR--(Marketwired - May 8, 2013) - Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced that the Company has agreed to a $15,000,000 Reserve Equity Financing Facility from AGS Capital Group, LLC, a US based specialist investor group, in order to enable growth with financing for its 30 shallow oil well program with an option for an additional 15 shallow oil well development program in Venango County, Pennsylvania.
Jerry G. Mikolajczyk, President and CEO, stated: "The Reserve Equity Financing is a long term strategic financing partnership that places XNRG in control of how and when we raise equity, minimizing any potential dilution or disruption to our capital structure... (read entire release)
About
Xun Energy was incorporated on December 20, 2007 in the State of Nevada. Xun Energy, Inc. and its subsidiaries (the “Company”) primarily are engaged in the acquisition of producing or near producing oil and gas properties and the development of these oil and gas properties. The Company will acquire producing or near producing oil and gas properties that which produces cash flow and upside development. Such activities are concentrated in North America onshore, primarily in the United States.
www.xunenergy.com
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