The story so far
The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.
2006
- 10 Jan
The Wyoming asset sales to Wellstar, Chaparral and Penroc closed, bringing in about $2.39 million cash combined and leaving Altex with only minor Utah royalty interests.
asset acquisition disposition
2005
- 19 Dec
At an oil and gas asset auction, Altex agreed to sell essentially all its remaining Wyoming working and royalty interests -- to Wellstar (~$1.85M), Chaparral Energy (~$335K) and Penroc Oil (~$180K) -- retaining only minor Utah and undeveloped Wyoming interests, effectively exiting active oil and gas operations.
material agreement