| September 18, 2009 Osage Terminates Participation in Rosa Blanca Concession SAN DIEGO--(BUSINESS WIRE)-- Osage Exploration and Development, Inc. (OTCBB: OEDV), has terminated its participation in the Rosa Blanca block in Colombia. After drilling the RB 1 well without finding producible hydrocarbons in Phase One of its exploration contract at Rosa Blanca and analyzing the corrected seismic data, Osage believes that it is unlikely that the additional structures on the property will be productive. Osage Exploration and Development, Inc. and Lewis Energy Colombia have n... (3 KB) |
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| March 23, 2009 Osage Completes Testing of Rosablanca-1 Well San Diego, California, March 23, 2009 -- Osage Exploration and Development, Inc. (OTCBB: OEDV), has completed testing of the Rosablanca-1 well without find producible hydrocarbons in any of the zones evaluated. Plug and abandon operations were initiated this past weekend. "The Rosablanca-1 structure was by far the largest target on the concession, which is why we began our exploration efforts there. We carried high expectations for this part of the concession and are disappointed by not makin... (4 KB) |
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| March 02, 2009 Osage updates Rosablanca operations San Diego, California, March 2, 2009 -- Osage Exploration and Development, Inc. (OTCBB: OEDV), in conjunction with its partners in the Rosablanca Concession in Colombia have elected to re-enter the Rosablanca-1 to continue testing the two upper zones in the well bore. In January, the testing operations on the Rosblanca-1 well were suspended and the rig taken off site with a view to come back into the well with a lower cost work-over rig to continue testing. The bottom formation was tested and... (4 KB) |
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| January 29, 2009 Osage Announces Suspension of Testing on Rosablanca-1 Well SAN DIEGO--(BUSINESS WIRE)-- Osage Exploration and Development, Inc. (OTCBB:OEDV), in conjunction with its partners Gold Oil, plc, Lewis Energy Colombia, and EMPESA, SA has elected to suspend testing of the Rosablanca-1 well. The drilling rig is being demobilized after testing of the lower and middle sections of the target reservoirs failed to find producible hydrocarbons. The Joint Venture partners, Osage, Gold Oil plc, Lewis Energy Colombia, and EMPESA will come to a decision shortly on wh... (3 KB) |
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